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Hotels

Another B&B Polish hotel underway

schedule 29 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND B&B hotel chain is to open a new hotel on al. Tadeusza Kościuszki in Łódź. The property will be built by CFE Polska.

Lone Star increases share in GTC

schedule 28 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Subscriptions are now taking place for the sale of the Globe Trade Centre (GTC) shares after a call announced by Lone Star, which is the company’s majority shareholder.

Construction

Gemini Park Tychy approved

schedule 28 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Gemini Holding, the investor of the Gemini Park Tychy shopping centre which is set to be developed on ul. Beskidzka, has been granted building permit for the property.

Retail & leisure

LPP reserves Vivo! Stalowa Wola space

schedule 28 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Polish fashion retail chain LPP has leased a total of 2,800 sqm for its stores in the Vivo! shopping centre in Stalowa Wola which is currently being developed by Immofinanz Group (a 14-pct share) the and Acteeum Group (a 86-pct share).

Property and Facility Management

CBRE to manage Váci Greens building

schedule 28 May 2015
Eurobuild CEE

HUNGARY CBRE's asset services department has been selected as the property manager of the C building in Atenor Group’s Váci Greens office complex.

Construction

Gdańsk’s Olivia Six completed

schedule 28 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND Olivia Six, an office building that is part of the Olivia Business Centre in Gdańsk, has officially opened.

Construction

Pegaz given green light again

schedule 28 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Lower Silesia’s provincial governor has reinstated the suspended building permit for the Pegaz office project (former Times II) that is being developed by the Austrian company UBM in Wrocław.

Hungarian-owned bank renews 8,200 sqm lease

schedule 28 May 2015
Eurobuild CEE

HUNGARY Budapest Bank, a part of the state-owned Corvinus International Investment fund, has signed a 8,200 sqm renewal lease agreement for office space in the Csaba Center building in the city of Békéscsaba in the southeastern part of Hungary.

Warehouse & industrial

Prologis to build 29,000 sqm BTS warehouse for Globus

schedule 28 May 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC German hypermarket chain Globus has leased 28,800 sqm in Prologis Park Prague-Jirny.

Retail & leisure

Shopping mall to be built in Krupówki

schedule 27 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND A private investor is developing a shopping centre in Zakopane’s Krupówki.

Construction

Foundation stone laid on Żoliborz project

schedule 27 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Robyg has laid the cornerstone on the Modern Żoliborz Residence project in Warsaw.

Construction

Unibep wins another Dom Development contract

schedule 27 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND Dom Development has chosen Unibep as the general contractor of two stages of the Żoliborz Artystyczny residential estate in Warsaw.

Warehouse & industrial

CTP gets EUR 110 mln financing

schedule 27 May 2015
Anna Pakulniewicz
Journalist

CZECH REPUBLIC Developer CTP and its long-term business partner Erste Group have signed a EUR 110 mln syndicated loan for the financing of a business park.

More energy efficient homes on their way

schedule 28 May 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Energy efficient apartments are becoming even more popular. In 2015, the construction of 257 energy-efficient apartments in the Czech Republic is planned, signifying an increase of 85 pct over the last year.

Investment & finance

Echo aims to start 17 projects this year

schedule 27 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND Kielce-based developer Echo Investment intends to launch 17 new project this year, investing mainly in the residential and office sectors. The plans include three retail developments.

Warehouse & industrial

Develey takes up Żerań space

schedule 27 May 2015
Rafał Ostrowski
journalist

POLAND Mustard producer Develey has signed a 900 sqm lease agreement in Segro Business Park Warsaw in Żerań.

Retail & leisure

Digital Virgo takes liking to Gdański BC

schedule 27 May 2015
Rafał Ostrowski
journalist

POLAND Mobile value added services provider Digital Virgo has leased 800 sqm of space in the Gdański Business Center, which is being developed by HB Reavis in Warsaw.

Investment & finance

HB Reavis grows strong in CEE

schedule 27 May 2015
Aneta Cichla
Deputy editor in chief, journalist

CEE REGION In 2014 HB Reavis Group generated a EUR 89 mln consolidated net profit, which accounted for a 26 pct y-o-y growth. At the same time the company recorded a 29 pct increase in operating profit, to EUR 132.6 mln, while its total assets increased by 18 pct, to EUR 1.8 bln and total shareholder equity reached EUR 933 mln.

Magyar Telekom trims office space, builds 55,000 sqm headquarters

schedule 27 May 2015
Agata Kłapeć
Journalist

HUNGARY Hungary’s largest telecommunications company Magyar Telekom, a subsidiary of Deutsche Telekom, has signed an agreement with the Hungarian development company Wing Group on the construction of its new 55,000 sqm Budapest headquarters and the sale of the existing main offices.

Residential

Polish billionaire develops offices and apartments in Dolny Mokotów

schedule 26 May 2015
Ewa Andrzejewska
Editor in chief

POLAND Jerzy Starak, a Polish pharmaceutical tycoon and one of the richest businesspeople in the country, is planning to extend its development business. He is founding an SPV company which will operate on the office property market and target Warsaw’s Dolny Mokotów area.

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