News

POLAND In 2017, the supply of new retail space in Poland totalled 426,000 sqm gla, down by 9 pct on last year and down by 25 pct on the annual average for the previous five years, according to Cresa Poland.

Plaza Centers CEO retires

11 January 2018

EUROPE Dori Keren, the CEO of Plaza will retire from his position at the end of March 2018.

Interior design

Cold foam by Cayouette

11 January 2018

EUROPE One of Ikea’s latest products, the Vedbo armchair is designed by Francis Cayouette.

Oxford Street tops high street rankings

EUROPE London's Oxford Street is the most frequently visited European high street with over 13,500 people visiting its stores every hour, according to BNP Paribas Real Estate.

Interior design

Get posh with black crystal

POLAND Bronces Mestre has marketed a range of door turn knobs set on roses with Swarovski black crystal.

Hotels

Holiday Inn Warsaw City Centre opens

POLAND IHG has opened the Holiday Inn Warsaw City Centre hotel at the junction of ul. Żelazna,ul. Złota and ul. Twarda.

RD Bud to build Rezydencja Chrobrego

POLAND Yareal Polska has chosen RD Bud as a general contractor for the construction of the Rezydencja Chrobrego residential project in Warsaw’s Stare Włochy district.

Packaging for Hochtief

POLAND The Kraków branch of Hochtief Polska has been appointed to build a packaging materials factory within a complex owned by Alupol Films in Oświęcim.

Technology

Somewhere to charge up and sit down

Property and Facility Management

WORLD Recharged is a novel kind of seating for up to three people who can also recharge their smartphones – without cables or plugs.

C&W to manage Váci Greens D

HUNGARY Cushman & Wakefield has been appointed property manager of the Váci Greens D office building, which is being developed by Atenor on Váci út in Budapest.

Hotels

Bridge takeover accepted

HUNGARY The European Commission has given its approval for the sale of Sofitel Budapest Chain Bridge Hotel to Starwood, ruling that the joint control over the hotel by Starwood and Accor-Pannonia falls within the scope of the Merger Regulation paragraph 5(a).

Investment & finance

Foreign investors give Poland good grades

POLAND A total of 92 pct of foreign investors in Poland are satisfied with their investment and would invest again, according to the latest Investment climate in Poland survey jointly conducted by the Polish Investment and Trade Agency (PAIH), Grant Thornton and HSBC.

Investment & finance

MCAP Global Finance makes first CEE purchase

HUNGARY MCAP Global Finance has acquired the Népliget Center office building on Könyves Kálmán street in Budapest on behalf of its funds and managed accounts.

Retail & leisure

Jatomi to close down

POLAND Pure Heath & Fitness, the owner of the Jatomi Fitness chain of fitness clubs, is leaving Poland. According to the company’s website there are now 35 clubs in the chain located in shopping centres across Poland.

Dom Development sells almost 4,000 apartments

POLAND Dom Development sold 3,975 apartments net in 2017 according to preliminary data, including 1,049 apartments in Q4.

Retail & leisure

Carrefour extends Polish network

POLAND In 2017, Carrefour opened ten stores in Poland including three hypermarkets and seven supermarkets.

Technology

Grip light

WORLD SolarGaps, the world's first smart solar blinds, track the sun, keeping the home cool while generating green electricity. They help reduce energy bills by up to 70 pct.

Residential

YIT starts Moscow Aalto

RUSSIA Finish developer YIT has started the construction of the Aalto residential project on Staryy Petrovsko-Razumovskiy Proyezd in Moscow’s Aeroport district.

Hotels

Michaelson more international

LITHUANIA Michaelson Boutique Hotel on the bank of the Dangė river in Klaipėda has joined Hotels de Charme & Caractère international group. This is the first hotel from the Baltic states to join the group.

Investment & finance

Russian investment climbs up