Investment & finance
POLAND Union Investment Real Estate is about to acquire the Riviera shopping centre on ul. Kazimierza Gróskiego 2 in Gdynia.
RUSSIA The average annual occupancy rate in Sochi hotels is barely 30 pct – not enough to make them profitable, reveals an analysis by Cushman & Wakefield.
POLAND European real estate asset manager and advisor Prelios has established a new company in Poland under the name of Prelios Real Estate Advisory.
Investment & finance
ROMANIA/ BULGARIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investment company is acquiring a series of retail, residential and office assets across Romania and Bulgaria.
POLAND Panattoni has finished the construction work on a 13,966 sqm build-to-own (BTO) distribution centre commissioned by one of “the top global freight forwarders” in Stryków near Łódź.
POLAND The Robyg group is to prematurely redeem some of J-series bonds secured by the mortgage on a property owned by Robyg Mokotów Investment (a company set up to carry out a residential project on a plot between ul. Puławska and al. Wilanowska).
Hotels
POLAND The fifth hotel of the Puro chain in Poland is to be opened in Warsaw. The developer has bought a tenement building at ul. Widok 5/7/9 for the project. The chain has also secured a plot in Gdańsk’s Old Town, at ul. Stągiewna 23 on Spichrzów Island, next to the existing Puro Hotel Gdańsk, the opening of which was celebrated on May 8th.
POLAND In Q1 the Polnord group generated revenue of PLN 66.3 mln (PLN 37.05 mln in Q1 2014) and a net profit of PLN 1.3 mln (PLN 0.42 in the same period last year). In its financial results the group also reported that it concluded 346 sales agreements, handing over 254 apartments to clients.
Office & mixed-use development
POLAND Blue Media, a supplier of electronic transactions software and on-line sales support, has chosen Dom Zdrojowy in Sopot for its new headquarters. The offices of the company will occupy three out of the six floors of the building. Xplan is responsible for the implementation of the interior design of the 850 sqm leased by Blue Media.
Hotels
POLAND VHM Hotel Management has signed a lease with Capital Park for the use of townhouses on ul. Piwna and ul. Długa in Gdańsk’s historic quarter.
POLAND Orbis has signed a preliminary agreement to sell two hotels. The total value of the transaction could reach PLN 21.5 mln.
RUSSIA Despite the economic crisis in Russia, Moscow is still the most popular European city among international retail chains, according to the latest ‘How Global is the Business of Retail?’ report by CBRE.
Retail & leisure
UKRAINE The second phase of the Manufactura Kiev Outlet Village in Kyiv is to open in October.
ROMANIA Cologne-based construction company Strabag is set to build a 10.1 km section of the A3 motorway between Ungheni and Ogra.
Technology
UNITED STATES The app-based ride-sharing service provider Uber is reportedly planning to start a same-day online parcel delivery program that has already lured some well-known retail players.
Warehouse & industrial
POLAND Goodman has begun the construction of a 19,400 sqm facility for metal automotive components producer Gestamp at the new Goodman Wrocław IV Logistics Centre.
Office & mixed-use development
POLAND Medical tech firm Medtronic Polska has leased almost 1,600 sqm of office space in the International Business Center (IBC) office complex in Warsaw.
Architecture
POLAND Polish President Bronisław Komorowski has signed into law the landscape act, which was passed by the Polish parliament at the end of April. The new adopted regulations are intended to clarify the issue of the presence of adverts in public space.
WORLD Accor has taken over FastBooking, a supplier of digital services for the hotel industry, which provides support to almost 4,000 locations across Europe and Asia every day.
Retail & leisure
POLAND Extension work is to take place at Mila Park on ul. Warszawska in Płońsk. The work is to start in September at the latest, with the investor, City Star, intending to open the new area in December.
Don’t you sometimes feel that you’ve had enough of all the depressing news that the media have been serving up for the past few months? Or of the alternate reality version of ‘the ...
Small talkDorota Bartosz of the Polish Green Building Council (PLGBC)
Small talkDominik Leszczyński, CEO, DL Invest Group
Finnish studio ALA Architects has won the competition to design an extension to the Estonian Business School in Tallinn’s central Maakri district.
A consortium of Eurovia, Subterra, Strabag. and AŽD Praha has been awarded a EUR 323 mln contract to build the Žilina-Teplička railway station and to ...
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its ...
POLAND The sixth Torus Triathlon In Da House (TTIDH) took place in the Alchemia office complex in Gdańsk at the end of February.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
The first stage of the preparations for the 11th Eurobuild Awards is now behind us – with the completion of the registration process for companies and ...
Due to the fact we are currently moving our premises, which involves the relocation of our mail server, Eurobuild cannot be contacted via our usual e- ...
What’s the state of the Polish economy right now and how will it recover from the pandemic? And what influence will these macroeconomic factors have o ...
The Flow Building on Wenceslas Square in Prague has become the first building in the Czech Republic to be awarded a BREEAM ‘Outstanding’ certificate – ...
InterContinental Hotels Group has signed a management agreement with Gránit Pólus Group for the Hilton Budapest City hotel in the city centre to be re ...
JLL has for the first time in the history of international real estate consultancies in Poland chosen someone from outside the sector to run the compa ...
A consortium including Strabag is to upgrade a single-track railway line between Püspökladány and Biharkeresztes on the Romanian border.
Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.
London-based Resolution Property has bought two office buildings in Budapest from Hungarian fund manager Adventum: Margit Palace and Buda Square. for ...
GTC Group has signed a lease agreement with insurer Generali for over 2,500 sqm of modern office space in the Matrix B building in Zagreb.
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
Arcadis Czech Republic has announced it has been awarded a WELL Health-Safety Rating for the Facility Operations and Management for its Czech Republic ...
Delta Holding has submitted an offer in the latest public tender for the purchase of the Sava Center congress hall in Belgrade.
Echo Investment, in cooperation with BBGK Architekci, has unveiled its concept for a new residential quarter in Warsaw’s Służewiec district.
The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to UK investor LCP Properties for an undisclose ...
Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data ce ...
Pure Ice, Poland’s largest ice cube manufacturer, has leased 3,500 sqm of warehouse and office space in MLP Pruszków II.
