PL

News

Residential

Profitable year for Atal

schedule 23 October 2017
Eurobuild CEE

POLAND Residential developer Atal sold 2,041 apartments in the first three quarters of 2017 – 16 pct more than in the same period last year, while in Q3 alone it sold 682 units. The company expects to sell between 2,700 and 2,900 homes over the entire year.

Street renovation gives no boost to Moscow retail

schedule 20 October 2017
Rafał Ostrowski
journalist

RUSSIA The completion of high street renovation work, as part of 2017 My Street city renovation programme, has not yet triggered a rise in retail occupancy, claims JLL.

Retail & leisure

MMG to develop outlet village

schedule 20 October 2017
Rafał Ostrowski
journalist

POLAND Master Management Group is planning to build Forest Park Outlet in Łomna near Warsaw. This is to be the first village type outlet centre in Poland.

Retail & leisure

Immochan to build retail park onto mall

schedule 20 October 2017
Anna Pakulniewicz

POLAND Retail Park Sosnowiec, a new project by Immochan, is to be built in Sosnowiec.

Dom Development with preliminary results

schedule 20 October 2017
Anna Pakulniewicz

POLAND Dom Development has published its preliminary sales results for Q3 this year which for the first time include the sales of Euro Styl, which the developer took over in June this year.

Retail & leisure

Młociny signs up electronics retailer

schedule 20 October 2017
Anna Pakulniewicz

POLAND Electronics retailer MediaMarktSaturn Polska has signed a lease in the Galeria Młociny shopping centre for a store of its Media Markt brand.

Berlin Hyp’s EUR 500 mln green bond oversubscribed

schedule 19 October 2017
Rafał Ostrowski
journalist

EUROPE In just two and a half hours 138 orders worth around EUR 1.3 bln were made for Berlin Hyp’s ten year green bond. The bond issue worth EUR 500 mln offers a coupon of 1.125 pct and was rated A1 and A+ by Moody’s and Fitch respectively.

Investment & finance

Money for Galeria Młociny

schedule 20 October 2017
Anna Pakulniewicz

POLAND Echo Investment and Echo Polska Properties have been granted a loan worth EUR 175 mln as well as a VAT loan of PLN 34 mln by a consortium of banks including Bank Zachodni WBK (which acted as the agent) as well as PKO Bank Polski and Bank Gospodarstwa Krajowego.

Prologis sets up megafund

schedule 20 October 2017
Rafał Ostrowski
journalist

EUROPE Prologis has combined two of its warehouse funds – Prologis Targeted Europe Logistics Fund (PTELF) and Prologis European Property Fund II (PEPF II) – into Prologis European Logistics Fund (PELF), an EUR 8.2 bln open-ended fund.

Another EUR 500 mln raised by Self II

schedule 19 October 2017
Alex Hayes
journalist

EUROPE AEW and Natixis Asset Management have completed the third closing of their pan European debt fund SELF II with commitments of over EUR 500 mln.

Property and Facility Management

Colliers to lease Plac Unii

schedule 19 October 2017
Rafał Ostrowski
journalist

POLAND Invesco Real Estate has appointed Colliers International as the exclusive agent to commercialise the retail and office space in the Plac Unii City Shopping mall in Warsaw.

Property and Facility Management

CBRE to lease Garbary 67

schedule 19 October 2017
Rafał Ostrowski
journalist

POLAND CBRE has been appointed as the agent for the Garbary 67 office building in Poznań.

Office & mixed-use development

Poland bids for two EU agencies

schedule 19 October 2017
Rafał Ostrowski
journalist

POLAND The Polish government has entered the bidding to host two EU agencies currently based in the UK.

SSC/BPO dominate local markets

schedule 19 October 2017
Rafał Ostrowski
journalist

POLAND In the first half of this year, up to 60 pct (210,000 sqm) of the overall demand for office space outside Warsaw was created by companies from the business services sector, according to JLL.

Office & mixed-use development

Nest Bank goes to Wołoska

schedule 19 October 2017
Rafał Ostrowski
journalist

POLAND Nest Bank has leased 4,850 sqm in the Wołoska 24 office building in Warsaw.

Investment & finance

Focus goes on shopping

schedule 19 October 2017
Rafał Ostrowski
journalist

CZECH REPUBLIC Focus Estate Fund has acquired Most Retail Park in Most from TK Development.

Warehouse & industrial

Prologis starts digging in Nitra

schedule 19 October 2017
Eurobuild CEE

SLOVAKIA Prologis has started construction work on two warehouse buildings comprising the first stage of its Prologis Park Nitra in Slovakia.

Hotels

First guests soon to arrive in Seidorf

schedule 19 October 2017
Anna Pakulniewicz

POLAND The Seidorf Mountain Resort in Sosnówka Górna in Karkonosze will be opened by the end of 2018, but at the end of 2017 the first few guests will come to stay at the luxury apartment building, which has been developed as part of the resort.

Green projects

Koneser awarded ‘Excellent’

schedule 19 October 2017

POLAND Centrum Praskie Koneser has received a BREEAM Interim 2013 New Construction certificate with a rating of ‘Excellent’.

Hotels

IHG teams up with 5th Avenue again

schedule 19 October 2017

POLAND InterContinental Hotels Group (IHG) has signed a franchise agreement with 5th Avenue Holding to open the Holiday Inn Warsaw Mokotów hotel.

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