News

Retail & leisure

Pradera creates Homepark

schedule 13 November 2017

POLAND Pradera is rebranding the retail parks it purchased from Ikea Centers to Homepark.

Residential

Fourth and fifth Centralna

schedule 13 November 2017
Tomasz Cudowski
editor-in-chief

POLAND LC Corp has started the presales of apartments in stages four and five of the Centralna Park estate in Kraków’s Czyżyny district.

Green projects

Galeria Łomianki goes green

schedule 13 November 2017

POLAND The Galeria Łomianki shopping centre in Warsaw has been awarded BREEAM In-Use certification with a rating of ‘Very Good’ for asset performance and building management.

More rock wool in Trzemeszno

schedule 13 November 2017

POLAND Paroc is extending its plant in Trzemeszno with a production line for stone wool insulation in an investment of PLN 260 mln.

Etalon to pay 4 cents

schedule 13 November 2017
Rafał Ostrowski
journalist

RUSSIA Etalon declared an interim dividend for the first half of this year of USD 0.04 per ordinary share.

Residential

Sales begin on Kamienna

schedule 13 November 2017

POLAND LC Corp has started apartment sales for its Kamienna 145 project on ul. Kamienna and ul. Bardzka in Wrocław.

Residential

Murapol moves into Służewiec

schedule 13 November 2017

POLAND Murapol has put 317 apartments on the market in the first stage of its Murapol Atrium Służewiec project, which is to be developed at the junction of ul. Cybernetyki and ul. Komputerowa in Warsaw.

Investment & finance

Immofinanz sells Russian portfolio

schedule 13 November 2017
Eurobuild CEE

RUSSIA Immofinanz has siold five shopping centres in Moscow to Fort Group for EUR 226 mln net (EUR 901 mln including EUR 675 mln of debt).

Residential

Ancona enters Lower Silesia

schedule 13 November 2017
Tomasz Cudowski
editor-in-chief

POLAND Ancona Development has started the construction of its first project in Wrocław, an estate on ul. Jutrzenki in Klecina district, which should be completed in Q2 2019.

Investment & finance

Triuva sold

schedule 13 November 2017
Alex Hayes
journalist

EUROPE Patrizia Immobilien has announced that it has acquired Triuva Kapitalverwaltungsgesellschaft significantly expanding its business in Germany and Europe. Both parties have agreed not to disclose the purchase price.

Bono goes Nude with Lithuanian investment

schedule 13 November 2017
Anna Pakulniewicz

LITHUANIA The Paradise Papers leak has revealed that U2 front-man Bono was invested in a Lithuanian shopping centre before he had ever visited the country.

Residential

David and Goliath on the beach

schedule 13 November 2017
Tomasz Cudowski
editor-in-chief

BELARUS A large-scale Pirs [пирс – or pier, in English] residential estate, which is being developed near an artificial lake Minsk, now has some competition in the neighbourhood.

Construction

Sunny October for Mirbud

schedule 13 November 2017
Eurobuild CEE

POLAND Mirbud was awarded two new contracts in October with a combined gross value of almost PLN 56 mln.

Office & mixed-use development

J.P. Morgan picks Atrium Garden

schedule 13 November 2017
Rafał Ostrowski
journalist

POLAND US bank J.P Morgan, which in September officially announced its plans to enter Poland, has leased 15,500 sqm in the Atrium Garden office building on Al. Jana Pawła II in Warsaw's Central Business District.

LS Cable to start battery production

schedule 10 November 2017
Alex Hayes
journalist

POLAND Korean manufacturer LS Cable & System is to set up an automotive battery parts production plant in Dzierżoniów near the Czech border.

Lacklustre take-up on Bucharest office market

schedule 10 November 2017

ROMANIA The Bucharest office market saw a net take-up ofclose to 45,000 sqm in this year’s third quarter with most of the demand (83 pct) coming from the IT and BPO/SSC sectors, claims Colliers International in its ‘Bucharest Office Market Q3 2017’ report.

LPP opens Stryków distribution centre

schedule 10 November 2017

POLAND Arvato SCM Solutions and LPP, one of the fastest growing clothing firms in the Central and Eastern European region, have officially launched a new 30,000 sqm distribution centre in Stryków, which should significantly accelerate order processing for LPP’s online sales.

Office & mixed-use development

More space for Raczkowski

schedule 10 November 2017

POLAND Legal firm Raczkowski Paruch is to increase the area it leases in Warsaw’s North Gate office building by nearly 1,000 sqm.

Retail & leisure

Another centre for CityFit

schedule 10 November 2017

POLAND A 1,700 sqm CityFit fitness centre has opened in Białystok in the new extension to the Galeria Zielone Wzgórze shopping centre, which is owned by Carrefour Polska.

EU help for Słupsk startups

schedule 10 November 2017

POLAND The Pomeranian Regional Development Agency (PARR) is establishing a specialist business service centre that will offer 3D scanning, printing, and thermal imaging services in Słupsk.

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