News

Warehouse & industrial

Depenbrock builds for Żabka and MLP

schedule 06 June 2017

POLAND MLP Group has appointed Depenbrock Polska as the general contractor of a logistics centre for Żabka in MLP Gliwice park.

Residential

Work to start on Muszlove

schedule 06 June 2017

POLAND Dantex is planning to start work on the Muszlove residential project in Warsaw in July.

Erbud takes on Bliskie Bemowo

schedule 06 June 2017

POLAND Developer Grupo Lar has appointed Erbud as the general contractor for the first stage of its Bliskie Bemowo estate in a contract worth PLN 18.07 mln.

Polnord signs conditional purchase agreement

schedule 06 June 2017

POLAND Polnord has signed a conditional purchase agreement for the right of perpetual usufruct to two plots in Gdańsk.

Warimpex finalises hotel portfolio sale

schedule 05 June 2017
Rafał Ostrowski
journalist

CEE REGION Warimpex has finalised the sale of a hotel portfolio consisting of eight hotels in the Czech Republic, Poland and Romania to the Thai investor U City. The company announced the sale in February, when the purchase contract was still pending subject to the fulfilment of the standard closing conditions for such real estate transactions.

Office & mixed-use development

HB Reavis starts work on Bratislava tower

schedule 05 June 2017
Nathan North
managing editor (English section)

SLOVAKIA HB Reavis has started the construction of the large-scale Stanica Nivy mixed-use project in Bratislava.

Stable yields, increasing demand

schedule 05 June 2017
Anna Pakulniewicz

ESTONIA/LATVIA/LITHUANIA Vacancies in A-class offices in Tallinn in Q1 2017 stood at 4-5 pct while in Riga on the they were between 14 pct and 16 pct and in Vilnius 3-4 pct, according to a report by Colliers International entitled “Research & Forecast Report Baltic States. Property Snapshot”. Rental rates in all three cities were between EUR 12.5 and EUR 16.5 per sqm per month.

Office & mixed-use development

Paper producer chooses WTT

schedule 05 June 2017
Rafał Ostrowski
journalist

POLAND Finnish paper producer Stora Enso Narew has opened a 360 sqm office in Warsaw Trade Tower in Warsaw’s Wola district.

Wheelchair tennis to grace Eurobuild tournament

schedule 05 June 2017

POLAND Kamil Fabisiak, currently ranked as the number 20 wheelchair tennis player by the International Tennis Federation (ITF) and the current champion of Poland will promote the ‘Tennis without Barriers’ campaign promoting wheelchair tennis.

Two tenants in 101

schedule 05 June 2017

POLAND Leases in the 101 building in Wrocław have been signed by TBSCG and Etno Café.

Investment & finance

Echo without Tęcza

schedule 05 June 2017

POLAND The Office of Competition of Consumer Protection [UOKiK] has approved the Echo Polska Properties takeover of shopping centres in Kłodzko, Wrocław and Zamość, however it has not consented to the takeover of Galeria Tęcza in Kalisz.

B&B keeps expanding

schedule 05 June 2017

EUROPE In 2016 36 new B&B hotels opened bringing the number of hotels in the chain up to 392 (253 in France, 90 in Germany, 24 in Italy, 19 in Spain, 5 in Poland, 1 in the Czech Republic and 1 in Morocco)

Retail & leisure

Dekada in Grójec to be extended

schedule 05 June 2017

POLAND Dekada is to enlarge its shopping centre on ul. Armii Krajowej in Grójec with Jysk as a new tenant (1,200 sqm) and a larger Martes Sport store (which currently operates on an area of 650 sqm).

No free parking in Minsk

schedule 05 June 2017

BELARUS Those who park their cars in the centre of Minsk will be automatically charged for their stay.

Buma and REINO start building in Wrocław

schedule 05 June 2017

POLAND REINO Partners and Grupa Buma have started construction work on their first joint development project in Wrocław.

Retail & leisure

Spar enters Oława

schedule 05 June 2017

POLAND Grocery chain Spar is to anchor the Quick Park in Oława, which is to open in the autumn this year.

Investment & finance

LaSalle buys RiGa I for EUR 57 mln

schedule 05 June 2017
Nathan North
managing editor (English section)

CZECH REPUBLIC LaSalle Investment Management has acquired the River Garden I (RiGa I) office complex in Prague’s Karlín business district on behalf of its LaVA mandate for app. EUR 57 mln.

Investment & finance

Chinese buy Logicor for EUR 12.25 bln

schedule 05 June 2017
Alex Hayes
journalist

EUROPE Blackstone has sold its European logistics platform Logicor, to China Investment Corporation for EUR12.25 bln.

In the spotlight

schedule 02 June 2017

POLAND

Office & mixed-use development

IHS Global to move to C200

schedule 02 June 2017
Alex Hayes
journalist

POLAND IHS Global is to occupy nearly 4,300 sqm of space in the C200 Office building in Gdańsk.

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