News

Investment & finance

Pbb refinances Banská Bystrica mall

SLOVAKIA Pbb Deutsche Pfandbriefbank has provided a EUR 22 mln medium term loan to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE) to refinance the Europa SC mall in Banská Bystrica.

Retail & leisure

Work begins on region’s biggest mall

SERBIA The structural work has officially been launched on BW Galerija – which will be the biggest shopping centre in the region. The contract was awarded to Gradina at the groundbreaking ceremony.

Fintech revolution of Revolut in Vilnius

LITHUANIA Fintech company Revolut has hired a local team in Vilnius to expand its presence onto the Baltic market. The company has a target of obtaining 100,000 Lithuanian customers by the end of the year. The Vilnius-based team will also focus on the Latvian and Estonian markets.. The location of the office has yet to be announced.

Three stars on the rise

POLAND As a year-round destination, Poland’s tourism market is not only showing a positive development, but the country is also enjoys growing importance as a MICE destination, according to the ‘Overview of the Hotel Market Poland & Key Cities Overview of the Hotel Market Poland & Key Cities August 2017’ report by Christie & Co.

Retail & leisure

Manhattan improves its mix

POLAND A restaurant under the name of Manhattan and the Sportowe Suple sports supplements shop are the latest tenants of the Manhattan shopping centre in Gdańsk.

Investment & finance

Unibail-Rodamco to buy into Prague mall

CZECH REPUBLIC Unibail-Rodamco is aiming to acquire a stake in the Metropole Zličín shopping centre in Prague 5.

EU to fund Kielce road upgrade

POLAND The provincial marshal of Świętokrzyskie and the vice-president of the Polish Agency for Enterprise Development have signed a contract for a subsidy for the modernisation of provincial road no. 764 between Kielce and Raków.

Residential

Seventh heaven for Miasteczko Słoneczne

schedule 29 September 2017

Tomasz Cudowski
editor-in-chief

POLAND LC Corp has started extension work on the seventh stage of its Słoneczne Miasteczko residential estate in Kraków’s Bieżanów-Prokocim district.

Warehouse & industrial

Booted up in Zielona Góra

POLAND The largest online footwear store in Poland – Eobuwie.pl – is to build a warehouse and logistics centre in Zielona Góra, where the company plans to invest PLN 35 mln by the end of 2022.

Retail & leisure

4Faces in Galeria Północna

POLAND The 4Faces multi-brand, which is owned by OTCF, has opened its first store in Warsaw – in Galeria Północna.

Office & mixed-use development

Two to stay in Bonarka

POLAND Two companies have prolonged their leases of a combined area of 7,000 sqm in the Bonarka for Business office complex in Kraków.

Investment & finance

Eurocash adds Mila to its basket

POLAND Eurocash has signed a preliminary purchase agreement for a 100 pct stake in Demelius Limited, which owns the more than 180-store Mila supermarket chain.

Hotels

Hampton by Hilton Lublin opens

POLAND The Hampton by Hilton Lublin has now opened.

Events

Towards people. Comfort for occupiers and space for contemporary business

Investment & finance

J.P. Morgan announces Polish entry

POLAND J.P. Morgan, the bank with the highest market capitalisation in the world, is to open an office in the centre of Warsaw. It will employ 3,000 people over the next few years.

Slower three months for Russian investment

RUSSIA In the first three quarters of the year, Russia’s real estate investment declined by 13 pct compared to the same period of the previous year, reaching USD 2.7 bln, JLL reports.

Two Moscow projects BREEAM certified

RUSSIA The Rivera shopping centre and the Central City Tower office building, both in Moscow, are the two first projects to be certified by CBRE’s Moscow property management team, which has recently announced the launch pf ots BREEAM certification service.

Rising interest in green certification

CEE REGION The first half of 2017 saw a significant increase in interest for sustainability certificates from the owners of completed projects, with almost all the investors in new development projects targeting the highest levels of certification, according to development, design and green certification company BuildGreen.

Retail set for 60 pct of 2017 volumes

POLAND The stock of modern retail space in Poland has now reached 11.44 mln sqm after 25,800 sqm was added to the market in five projects in H1, according to the latest Retail Research Forum report published by the Polish Council of Shopping Centres.

Retail & leisure

& Other Stories in Gdańsk

POLAND & Other Stories brand, an H&M group brand, is to open its first shop in Pomerania – in Forum Gdańsk.