News

Etalon to build school for EUR 16 mln

schedule 10 October 2017
Rafał Ostrowski
journalist

RUSSIA LenSpetsSMU, a subsidiary of Russian developer and constructor Etalon Group, has won a RUB 1.1 bln (app. EUR 16 mln) construction contract to build a school on Kosmonavtov Prospekt in St Petersburg’s Moskovskiy district.

Office & mixed-use development

Big leases by Chinese investors

schedule 10 October 2017
Rafał Ostrowski
journalist

CZECH REPUBLIC Chinese logistics providers are increasingly active on the Czech warehouse market, three of which have leased 100,000 sqm of space in the last 18 months, claims local real estate consultancy 108 Agency.

Danish IT company to grow in Vilnius

schedule 10 October 2017
Anna Pakulniewicz

LITHUANIA Trustpilot, a Danish startup, is establishing a product development division in Vilnius.

Retail & leisure

Style from Neinver to Prague

schedule 10 October 2017
Anna Pakulniewicz

CZECH REPUBLIC Prague The Style Outlets, which will be the largest outlet centre in the Czech Republic, will be open on April 26th 2018.

Warehouse & industrial

MLP joins forces with J.W. Construction

schedule 10 October 2017
Rafał Ostrowski
journalist

POLAND Two development companies, MLP Group and J.W. Construction Holding, are to jointly build a 60,000 sqm logistics centre in Szczecin’s Drzetowo-Grabowo district.

Office & mixed-use development

Next Business Garden starting

schedule 10 October 2017
Anna Pakulniewicz

LATVIA Vastint has appointed Skonto Būve to build two office buildings on K. Ulmaņa avenue with a combined leasable area of 14,230 sqm in the first stage of the Business Garden Rīga business park.

Hotels

Three MGalleries for Poland?

schedule 10 October 2017
Anna Pakulniewicz

CEE During the corner stone ceremony for The Bridge MGallery by Sofitel hotel in Wrocław, which is to be the first hotel of the brand in Poland, we sat down with Yohan Amiot, the director responsible for the MGallery brand, to talk about its introduction to Poland and its further development in the CEE region.

Retail & leisure

Dino Zoo comes to Krasta 52

schedule 09 October 2017
Anna Pakulniewicz

LATVIA Dino Zoo has opened the largest pet store in Eastern Europe in the last vacant unit in the Krasta 52 shopping centre in Riga.

LPP with global ambitions

schedule 09 October 2017

POLAND Over the coming years LPP intends to debut on one foreign market per year while increasing its online presence.

Office & mixed-use development

Occupancy permit for Oliwa 505

schedule 09 October 2017

POLAND Moderna Holding has been granted an occupancy permit for the Oliwa 505 building on al. Grunwaldzka in Gdańsk. Hampton by Hilton and Lidl are to start operating in the development soon.

Eighth Empik Future Store in Poland

schedule 09 October 2017

POLAND The eighth Empik Future Store in Poland was opened in the Arkadia shopping centre in Warsaw.

Residential

Matexi Polska sells rental project

schedule 09 October 2017

POLAND Matexi Polska has started negotiations to sell an apartment building it is to develop at ul. Puławska 186 in Warsaw.

Echo sells bonds

schedule 09 October 2017

POLAND Echo Investment has placed PLN 125 mln of F-series bonds.

Residential

More apartments for students

schedule 09 October 2017

POLAND Partner is developing two residential developments in Poznań: Nadolnik Compact Apartments and Śródka OdNowa, and has begun sales for both projects.

Office & mixed-use development

Kids&Co in Wronia 31

schedule 09 October 2017

POLAND Kids&Co have opened a bilingual nursery school of the on the ground floor of the Wronia 31 office building in Warsaw.

Hotels

IHG launches Avid

schedule 09 October 2017
Anna Pakulniewicz

WORLD InterContinental Hotels Group is introducing a new brand called Avid Hotels.

Retail & leisure

First Tefal shopping centre store opens

schedule 09 October 2017
Anna Pakulniewicz

POLAND The first Tefal Home & Cook store is to open in the Galaxy shopping centre in Szczecin.

Hotels

Polish hotel market still growing

schedule 06 October 2017
Anna Pakulniewicz

POLAND There are still too few hotels in Poland according to the ‘Overview of the Hotel Market Poland & Key Cities August 2017’ report by Christie & Co.

Lords to profit from bridge

schedule 06 October 2017
Anna Pakulniewicz

LITHUANIA A fund controlled by Lords LB Asset Management has acquired the concession for the maintenance of a flyover that provides access from the south bank to the M. K. Čiurlionio bridge in Kaunas.

Hollister to build factory near Kaunas

schedule 06 October 2017
Anna Pakulniewicz

LITHUANIA US-based medical device manufacturer Hollister has signed an agreement to build a manufacturing plant in the Kaunas Free Economic Zone.

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