News

Ecological Bajkowy Labirynt

schedule 28 August 2017
Eurobuild CEE

POLAND Bajkowy Labirynt is to be opened in Silesia City Center in Katowice over an area of 400 sqm.

Orbis announces Ibis in Bucharest

schedule 28 August 2017
Rafał Ostrowski
journalist

ROMANIA The first Ibis Styles hotel is to be opened in Bucharest in mid-2018.

Property and Facility Management

Crowning achievement

schedule 28 August 2017
Anna Pakulniewicz

POLAND Savills has completed the recommercialisation process for the Crown Square office building in Warsaw.

EUR 400 mln of loans for GTC

schedule 28 August 2017
Anna Pakulniewicz

EUROPE In H1 2017, CEE real estate investor and developer GTC has refinanced and concluded loans worth almost EUR 400 mln through a euro bonds issue, project loans and construction loans.

Investment & finance

SachsenFonds changes name

schedule 28 August 2017
Anna Pakulniewicz

EUROPE German real estate fund manager SachsenFonds is changing its name to Euramco. Its Czech subsidiary has been renamed Euramco Asset Czech.

Eurocash lookingto buy Mila supermarkets

schedule 25 August 2017

POLAND Eurocash has signed a letter of intent to purchase of Demelius which owns 180 Mila supermarkets across Poland.

Seven stores go Blue

schedule 25 August 2017

POLAND Seven tenants have opened stores in Warsaw’s Blue City shopping centre in Warsaw since April.

TriCity: more shopping centres to be opened

schedule 25 August 2017

POLAND The TriCity has 27 shopping centres with a combined area of 724,000 sqm. In H1 2018 this will increase by 62,000 sqm with the Forum Gdańsk shopping centre which belongs to Multi Poland, according to Colliers International.

LS Cable & System to come to Poland

schedule 25 August 2017

POLAND Korean-based LS Cable & System is considering locating a production plant in Poland, reports Korean media.

Reserved enlarges in Focus Mall Piotrków

schedule 25 August 2017

POLAND An enlarged Reserved store is to be opened in the Focus Mall shopping centre in Piotrków Trybunalski this November.

Property and Facility Management

Colliers takes over The Landmark

schedule 25 August 2017

ROMANIA Colliers International is to property manage The Landmark office building owned by Piraeus Bank.

Warehouse & industrial

Flying out of Pécs

schedule 25 August 2017
Alex Hayes
journalist

HUNGARY Hungarian aircraft maker Magnus Aircraft is to build a new plant in near the Pécs-Pogány Airport with an investment of over EUR 16.6 mln.

Investment & finance

Pro Kapital divests two hotels

schedule 25 August 2017

ESTONIA/LATVIA Pro Kapital Grupp has concluded the sale of the PK Ilmarine in Tallinn and PK Riga hotels.

Etalon launches sales at Silver Fountain in Moscow

schedule 25 August 2017

RUSSIA Etalon Group has launched sales of the first building of its Silver Fountain project in the North Eastern Administrative District of Moscow.

NEPI Rockcastle results and plans after H1

schedule 25 August 2017
Alex Hayes
journalist

CEE REGION NEPI Rockcastle has announced the joint results of NEPI and Rockcastle for H1 2017.

Investment & finance

Lords buys GO9

schedule 25 August 2017
Alex Hayes
journalist

LITHUANIA Lords LB Baltic Fund IV managed by Lords LB Asset Management has purchased the GO9 shopping centre with 12,000 sqm gla on Gedimino Avenue in the Old Town of Vilnius.

CTP expands

schedule 25 August 2017
Alex Hayes
journalist

ROMANIA/CZECH REPUBLIC CTP is investing over EUR 13 mln in the extension of CTPark Timișoara with 32,000 sqm, due to the increasing demand in the area. The construction work should be completed in December 2017.

Hotels

Luxury hotels coming to Montenegro

schedule 25 August 2017
Alex Hayes
journalist

MONTENEGRO The chairman of global property development company DAMAC Properties, Hussain Sajwani, has met with the prime minister of Montenegro Duško Marković to discuss the possibility of building five star hotels and luxury resorts.

Retail & leisure

Diverse in Libero

schedule 24 August 2017
Rafał Ostrowski
journalist

POLAND Polish clothing brand Diverse has leased 300 sqm of space in the Galeria Libero shopping centre which is being developed by Echo Investment in the south of Katowice.

Hotels

Elbit sells Radisson Blu

schedule 24 August 2017
Alex Hayes
journalist

ROMANIA Israeli based Elbit Imaging has announced that it has signed a non binding letter of intent to sell its 98.2 pct shareholding in the Radisson Complex in Bucharest based on a property value of around EUR 177.5 mln.

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