RUSSIA In the first quarter of this year St Petersburg hotels managed to increase their revenue per available room by 16 pct y-o-y, according to a report by JLL.
WORLD CBRE has recorded USD 2.1 bln in revenue for the first quarter of this year, which signifies a 10 pct increase (15 pct in local currency) from USD 1.9 bln in the corresponding quarter last year.
Property and Facility Management
POLAND JLL has been selected as property manager of the Karolkowa Business Park office building in Warsaw.
POLAND NewCold has selected Hochtief Polska to construct its distribution centre in the subzone of the Łódź Special Economic Zone in Kutno.
Warehouse & industrial
POLAND Distributor and importer of automotive parts DF Express has relocated its warehouse to Segro Business Park Warsaw in Warsaw’s Żerań district.
Construction
POLAND CFE Polska has been selected as the general contractor of the first phase of the Atrium Promenada extension.
Investment & finance
POLAND Union Investment has bought the Focus Park shopping centre in Rybnik from Aviva Investors for an undisclosed sum.
POLAND With 585,000 sqm leased, the first quarter of this year was the busiest one ever in terms of occupier demand, according to the latest report by JLL.
Hotels
EUROPE B&B hotel group has increased its turnover to EUR 320 mln in 2014, which signifies a 12 pct increase y-o-y.
Retail & leisure
POLAND Galeria Sudecka, formerly the Echo shopping centre, which had been operating in Jelenia Góra for 13 years, has now re-opened after refurbishment and extension work.
Retail & leisure
POLAND The Neptun shopping centre in Starogard Gdański, a 50,000 inhabitants city in Northern Poland has been opened.
POLAND Chemical and pharmaceutical giant Bayer has expanded its lease in the Olivia Tower business centre in Gdańsk. The company’s accounting services centre for the CEE, SEE regions andScandinavia will occupy another 1,000 sqm in July thus increasing its current space to 3,300 sqm.
Green projects
POLAND The Iris office building developed by CPD at ul. Cybernetyki 9 in Warsaw has been awarded a BREEAM New Construction certificate at the “Very Good” level.
HUNGARY/CEE The first quarter of 2015 has brought a 2 pct. footfall increase to the shopping centres managed by TriGranit Management Corporation (TGM) in the CEE region.
Investment & finance
POLAND Amstar will search for new investment in CEE.
Office & mixed-use development
POLAND The Hines Poland Sustainable Income Fund has purchased the Nestlé House office building (formerly known as the Pacific Office Building) in Warsaw’s Mokotów district from Kronos Real Estate for app. EUR 50 mln.
Office & mixed-use development
POLAND/SLOVAKIA Slovakia-based developer HB Reavis has secured its sixth lease for Gdański Business Center I in Warsaw.
Investment & finance
POLAND Robert Pydzik, the president of the board of developer Wikana, has announced that in line with its current strategy the company intends to sell its retail portfolio.
Technology
UNITED STATES Online retailer Amazon has developed a solution that allows any connected home device to autonomously re-order products from Amazon when supplies are running low.
What can you see out of your window? Through those in our editorial office, all I can see is a beautiful, warm, golden autumn. The perfect time of year to spread our wings.
Small talk“Our latest investment plans continue to be diversified and mixed in terms of locations and functions. At the beginning of 2021, we hope to start three new projects,” reveals Roger ...
Small talk“The days of quick profits for holiday apartments are coming to an end and we are starting a period of greater professionalism and finding the right niche,” believes Marlena Kosiur ...
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 CS and Strabag has been awarded a contract to build an 8.4 km section of the D55 motorway from Babice to Staré Město in the Zl ...
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.
Have you developed a commercial building in the last twelve months? Then allow it to be judged by top market experts in the competition for Building o ...
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- ...
The Expo Real Hybrid Summit in Munich that was to have taken place on October 14th and 15th has been cancelled just two days before the real estate fa ...
The Galeria Chełm shopping centre in Chełm, developed jointly by Acteeum and Equilis, has been awarded a BREEAM certificate with a rating of 'Very Goo ...
Radisson Hotel Group has announced the opening of Park Inn by Radisson hotel at Vilnius Airport.
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 ...
Four applications have been made by companies to take on the project of renovating the Széchenyi Chain Bridge in central Budapest.
Cushman & Wakefield has completed the move of its Warsaw offices to The Warsaw Hub, which has just come into use.
Polish-Russian gas company Europol Gaz has once more put up for sale a 2.27 ha site at ul. Literacka 7 in Warsaw’s Bielany district – on which stands ...
Segro has relocated its Warsaw office to Centrum Marszałkowska and has also decided to stay longer in the Andersia Tower in Poznań.
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
Immofinanz has appointed Savills as the exclusive property manager for its portfolio of seven office buildings in Prague, with effect from January 202 ...
The Polish branch of Strabag together with Strabag subsidiary Ed. Züblinare to use BIM 5D [Building Information Modelling] to expand and modernise the ...
Yareal is starting construction of the second stage of its Pozytywny Mokotów development in Warsaw.
The volume of internet sales in Poland has now almost returned to pre-pandemic levels, while at the same time Polish consumers have become more willin ...
Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging European hotspots for data ce ...
Korean tyre manufacturer Nexen Tire Europe has leased 12,000 sqm of warehousing for a central distribution centre in CTPark Žatec in the Ústí nad Labe ...
