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News

Investment & finance

AFI to sell its Bucharest offices

schedule 05 December 2016

ROMANIA AFI Europe affiliate Africa Israel Investments has signed a letter of intent to sell the five office buildings constructed next to the AFI Palace Cotroceni mall in Bucharest.

Warehouse & industrial

GLS leases 11,000 sqm in Pardubice

schedule 05 December 2016
Nathan North
deputy editor

CZECH REPUBLIC Global Logistics Solutions, the logistics provider and subsidiary of Foxconn CZ, has leased a new 11,000 sqm hall in Logistika Park Pardubice in Černá za Bory.

Growthpoint takes EUR 186.4 mln stake in Globalworth

schedule 05 December 2016
Alex Hayes
journalist

ROMANIA Growthpoint Properties, a REIT listed on the Johannesburg Stock Exchange, is to pay EUR 186.4 mln for an initial 26.9 pct stake in Globalworth Real Estate Investment, which is listed on the AIM market of the London Stock Exchange.

Retail & leisure

Immofinanz announces three Stop Shop locations in Serbia

schedule 02 December 2016
Alex Hayes
journalist

SERBIA Immofinanz is to set up Stop Shop retail parks in Požarevac, Lazarevac and Vršac with a combined leasable area of 23,800 sqm.

Office & mixed-use development

Nordic Light open

schedule 02 December 2016
Alex Hayes
journalist

HUNGARY Nordic Light, a 26,000 sqm LEED ‘Gold’ certified office building developed by Skanska in Budapest, has officially opened.

Atal sales up by 150 pct

schedule 02 December 2016
Tomasz Cudowski
editor-in-chief

POLAND In the first three quarters of the year, Atal handed over 1,260 apartments to buyers – up from 500 apartments a year ago, representing a growth in sales of 152 pct y-o-y.

Retail & leisure

Karuzela spins into Świebodzin

schedule 02 December 2016
Eurobuild CEE

POLAND Construction work on the Karuzela retail park is to start in Świebodzin (Lubusz province) in H1 next year.

Robyg maintains its pace

schedule 02 December 2016
Eurobuild CEE

POLAND Robyg sold 2,111 apartments in the first three quarters of the year and by the end of December is aiming to have contracts signed for the sale of 2,800 homes.

Residential

JW happy with the last quarter

schedule 02 December 2016
Tomasz Cudowski
editor-in-chief

POLAND J.W. Construction Holding generated more than PLN 437 mln in revenue in Q3 – a growth of 157 pct y-o-y.

NEPI opens EUR 25 mln Shopping City Piatra-Neamț

schedule 02 December 2016
Alex Hayes
journalist

ROMANIA New Europe Property Investment (NEPI) has opened the Shopping City Piatra-Neamț mall following a EUR 25 mln investment, write local media.

Retail & leisure

Komfort comes to Gemini Park Bielsko Biała

schedule 02 December 2016
Eurobuild CEE

POLAND Carpet and flooring retailer Komfort is to open a store in Gemini Park in Bielsko-Biała in mid-December.

Retail & leisure

Large turnover for Polish shopping centres

schedule 02 December 2016
Tomasz Szpyt-Grzegórski

POLAND The average retail turnover per sqm in Polish shopping centres amounts to EUR 2,300 per year and there are retail segments in which the turnover exceeds EUR 10,000, reveals BNP Paribas Real Estate in its latest report.

NEPI and Rockcastle closer to fusion

schedule 02 December 2016
Alex Hayes
journalist

CEE REGION New Europe Property Investments and Rockcastle have announced further details of their forthcoming merger, which is to be conducted through a share-swap based on the two company’s financial results.

Kruszwica in talks over Targówek plot

schedule 02 December 2016
Tomasz Szpyt-Grzegórski

POLAND A subsidiary of Kruszwica–ZTK Property Management has found a party interested in an 8.4-ha plot at ul. Radzymińska 122/124 in Warsaw’s Targówek district.

CTP buys WestLog Distribution Centre

schedule 02 December 2016
Alex Hayes
journalist

HUNGARY CTP has recently signed an agreement to purchase the 63,000 sqm WestLog distribution centre at Biatorbagy from Industrial Securities.

L’Erbolario to make Polish debut

schedule 02 December 2016
Rafał Ostrowski
journalist

POLAND Italian cosmetics chain L’Erbolario is planning to open its first Polish store. The company has leased 43 sqm of space in Hala Koszyki owned by Griffin Real Estate.

Investment & finance

Rockcastle acquires two malls

schedule 02 December 2016
Alex Hayes
journalist

POLAND Rockcastle Global Real Estate has acquired a retail portfolio of 62,000 sqm from Aviva Investors, worth EUR 160 mln.

Investment & finance

Skanska buys Ilmet and Warsaw One

schedule 05 December 2016
Nathan North
deputy editor

POLAND Skanska Property Poland has bought the perpetual usufruct rights for the plot on the ONZ Rondabout in Warsaw where the Ilmet office building is located.

Retail & leisure

Echo concentrates on Towarowa 22

schedule 02 December 2016
Rafał Ostrowski
journalist

POLAND Poland’s competition authority UOKiK has approved the establishment of a joint venture company owned by Echo Investment and Echo Polska Properties, which is to construct and manage the Towarowa 22 shopping centre in Warsaw.

The Eurobuild Awards Jury has completed its work

schedule 18 November 2016

Edition 4 (287) April 2024

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