News

EPP pleased with 2017 results

schedule 08 March 2018
Eurobuild CEE

Echo Polska Properties (EPP) has published its financial results for 2017. Over the period, the distributable income came to EUR 76.6 mln exceeding forecasts. The value of its asset portfolio rose by 29 pct, to EUR1.95 bln.

Construction

F.B.I. Tasbud starts five new projects

schedule 08 March 2018
Eurobuild CEE

POLAND General contractor F.B.I. Tasbud is starting construction work on five projects in Warsaw, which it is building concurrently.

Events

PLN 26,974 raised for sick children

schedule 08 March 2018
Eurobuild CEE

POLAND The 37th floor of the Rondo 1 office building in Warsaw was a challenge for those who took part in the eighth Run to the Top sports and charity event held on February 24th.

Investment & finance

LCP Properties preparing new projects

schedule 08 March 2018
Aneta Cichla

POLAND LCP Properties is currently preparing six projects, two of which will be solely carried out by the company.

Hotels

Four-star palace in Lower Silesia

schedule 08 March 2018
Anna Pakulniewicz

POLAND The Dębowy Hotel | Event | Spa in Bielawa close to Poland’s southwest border has been awarded four stars.

Retail & leisure

Cinema City gets real posh in Timişoara

schedule 08 March 2018
Alex Hayes
journalist

ROMANIA The Cinema City multiplex in the Openville Timişoara mixed-use project is to be extended with seven new screens, three of which will be VIP screening rooms, with their own kitchen

Warehouse & industrial

Vegans come to Ursus

schedule 08 March 2018
Rafał Ostrowski
journalist

POLAND Tofu producer Polsoja has leased 550 sqm of office space in the Diamond Business Park Ursus office and warehouse complex in Warsaw’s Ursus district.

Office & mixed-use development

Work on Exchange Palace to start

schedule 08 March 2018
Alex Hayes
journalist

HUNGARY The former Budapest Stock Exchange building co-owned by Canadian developer Tippin and Luxemburg-based Optimum Fund Management, has been granted a final building permit, which will allow for reconstruction and redevelopment work on the building to begin.

Warehouse & industrial

DS Smith chooses Panattoni

schedule 08 March 2018
Rafał Ostrowski
journalist

POLAND Corrugated packaging manufacturer DS Smith Polska has leased over 3,500 sqm of space in Panattoni Park Kraków IV in Skawina, 10 km south-west of Kraków.

Teconnex comes to Cluj Napoca

schedule 08 March 2018
Alex Hayes
journalist

ROMANIA First Property Group has entered into a lease with Teconnex, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex comes to around EUR 135,000 per annum.

CTP growing fast

schedule 08 March 2018
Alex Hayes
journalist

CEE REGION CTP has announced its financial results for the previous year, in which it increased the size of its portfolio by app. 680,000 sqm to reach a record 4.5 mln sqm with an occupancy rate across all of its properties of 97.7 pct.

Interior design

Pythagorus sums chaired

schedule 07 March 2018

POLAND BM Housing, a company that markets the Kubikoff brand in Poland, has presented the Pythagoras 3 chair.

Interior design

Endless configurations for Bob

schedule 07 March 2018
Anna Pakulniewicz

POLAND The modular elements of a Bob sofa can be arranged in almost any configuration.

Warehouse & industrial

Jusda stays for more in Pardubice

schedule 07 March 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC Logistics company Jusda Europe, has renewed and extended its current lease in CTPark Pardubice II.

Unify Square enters Vilnius

schedule 07 March 2018
Anna Pakulniewicz

LITHUANIA Unify Square a US company that develops software for managing Microsoft products including Skype for Business, will open an office in Vilnius.

Retail & leisure

Monnari goes for space over revenue

schedule 07 March 2018
Eurobuild CEE

POLAND Clothing chain Monnari increased its total sales area by 5.6 pct in 2017 to 33,300 sqm and closed the year with 164 stores.

Residential

Matexi promises exciting year to come

schedule 07 March 2018

POLAND Belgian developer Matexi sold 300 apartments in 2017, beating its target for the year by a significant margin.

Retail & leisure

Good year for SES with one Slovenian mall under development

schedule 07 March 2018
Alex Hayes
journalist

EUROPE SES Spar European Shopping Centers has reported its results for 2017. Retailers in the companies 29 locations across five countries generated gross sales of EUR 2.88 bln, up by 3 pct 2016.

Vacancy falls in Russian regions

schedule 07 March 2018
Eurobuild CEE

RUSSIA The vacancy in Russian regional warehouse markets fell to 6.9 pct in 2017 from 9.0 pct in 2016, according to the ‘Russia Regional Industrial Big Box’ report by CBRE.

Office & mixed-use development

Changes to begin in Kraków Business Park

schedule 07 March 2018
Rafał Ostrowski
journalist

POLAND First Property Group is to reposition its recently purchased Kraków Business Park (KBP) in Zabierzów, northwest of Kraków.

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