News

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.

Record warehouse leasing volumes in Poland

schedule 24 August 2017

POLAND In H1 2017 1.72 mln sqm of warehouse space was leased, which is a historic record claims JLL.

Retail & leisure

Leroy Merlin builds and sells

schedule 24 August 2017

POLAND Leroy Merlin is to open a DIY store at the junction of ul. Tuwima and al. Sikorskiego in Olsztyn around the beginning of Q4 2018 with construction work to begin in September this year.

Retail & leisure

Skende to come to Lublin

schedule 24 August 2017

POLAND An Ikea store and an accompanying retail centre are being built in Lublin.

Two tenants in Piękna

schedule 24 August 2017
Eurobuild CEE

POLAND Real estate research company Cenatorium and Finnish-based corporate accounting firm Leinonen have leased office space in the former tenement building on ul. Piękna 68 in Warsaw.

Tedi to enter the Polish market

schedule 24 August 2017
Aneta Cichla

POLAND According to ‘Puls Biznesu’ magazine, German discount store Tedi is set to open in Poland.

Puławska Bis contracts signed

schedule 24 August 2017
Eurobuild CEE

POLAND The General Directorate of National Roads and Motorways [GDDKiA] has signed appointed three contractors to design and build the S7 road (also known as Puławska Bis) from the airport interchange on the southern Warsaw ring-road to Grójec.

Office & mixed-use development

BNP Paribas takes on Diamante Plaza

schedule 24 August 2017
Rafał Ostrowski
journalist

POLAND Spanish real estate company Aldesa has appointed BNP Paribas Real Estated Poland to recommercialise the Diamante Plaza office building in Kraków’s Zabłocie district.

Construction

Budimex builds roads for Brzozowo

schedule 24 August 2017
Eurobuild CEE

POLAND Budimex has won the tender to construct the Brzozowo ring-road including the upgrade of national road no. 3 from Brzozowo to Rzęśnica in West Pomerania to an expressway.

Virtual world in Forum Lviv

schedule 24 August 2017
Anna Pakulniewicz

UKRAINE Forum Lviv has leased 43 sqm to the 360 VR entertainment centre.

Toolbox working on Mallcomm

schedule 24 August 2017
Anna Pakulniewicz

EUROPE Toolbox Group is working with Unibail-Rodamco on the Mallcomm communication and operations platform.

Residential

Luxury beach apartments by Dekpol

schedule 23 August 2017
Aneta Cichla

POLAND Verano Residence on ul. Mestwina in Jurata on the Hel peninusla is the latest project by Dekpol.

Little free warehouse space

schedule 23 August 2017

POLAND According to the JLL magazyny.pl portal, the warehouse vacancy rate in Q2 2017 fell by 0.6 pp to an average 5.8 pct in Poland.

Office & mixed-use development

Juvenes designs for PHN

schedule 23 August 2017
Aneta Cichla

POLAND The Juvenes – Projekt & Pracownia Obsługi Inwestorów Pro-Invest consortium has been chosen to design an office building to be developed near the Intraco tower in Warsaw.

Green projects

Parki Warszawy certified

schedule 23 August 2017
Eurobuild CEE

POLAND A BREEAM ‘Gold’ certificate has been granted for the design of the Murapol Parki Warszawy estate on ul. Prymasa Tysiąclecia in Warsaw’s Wola district.

Office & mixed-use development

Silesia Star now full

schedule 23 August 2017
Eurobuild CEE

POLAND The Silesia Star office and service complex in Katowice, which is owned by LC Corp, is now 95 pct leased after two new tenants signed contracts.

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