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Kyiv malls postponed as vacancy rises

schedule 05 May 2015
Rafał Ostrowski
journalist

UKRAINE In the first quarter of the year, no modern shopping space was completed on the Kyiv market – and none of the projected new stock of 361,200 sqm in 2015 could now be opened this year, according to JLL’s latest Kyiv retail market report.

Investment & finance

Qataris and Swiss buy two Warsaw estates

schedule 05 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND Aventicum Capital Management – a JV established by the Credit Suisse bank and the Qatar Holding investment fund – has bought two SPV companies involved in building residential estates in Warsaw.

Office & mixed-use development

Echo Investment resumes Łódź project

schedule 05 May 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND Echo Investment has started preparations to resume the construction of an office project at al. Piłsudskiego 86 in Łódź.

Residential

Isomeg to build in Siewierz Jeziorna

schedule 05 May 2015
Aneta Cichla
Deputy editor in chief, journalist

POLAND Isomeg has become the third developer to begin projects within the Siewierz Jeziorna sustainable residential district outside Katowice. The company has purchased four construction plots on the site from Chmielowskie – a subsidiary of Alta.

Warehouse & industrial

Prologis adds 22,300 sqm to Bratislava park

schedule 05 May 2015
Nathan North
deputy editor

SLOVAKIA Prologis has today announced that it has begun the development of two speculative buildings totalling 22,300 sqm in Prologis Park Bratislava.

Sochi ski resorts still below expectations

schedule 05 May 2015
Rafał Ostrowski
journalist

RUSSIA The occupancy of guest rooms in ski resorts in the Sochi region (Krasnaya Polyana) in Q1 this year reached 61 pct, compared to only 47 pct last year, according to a report by STR Global.

Warehouse & industrial

FM Logistic expands in P3 Piotrków Park

schedule 05 May 2015
Rafał Ostrowski
journalist

POLAND French logistics company FM Logistic has signed a lease for 37,000 sqm in P3 Piotrków Park in Piotrków Trybunalski, southeast of Łódź in central Poland.

Retail & leisure

Google Campus to open in Praga Koneser Center

schedule 05 May 2015
Rafał Ostrowski
journalist

POLAND Google has leased 1,600 sqm in the refurbished Kordegarda (guardhouse) building in the Praga Koneser Center mixed-use project in Warsaw’s Praga district.

Local tourists boost St Petersburg hotel sector

schedule 04 May 2015
Rafał Ostrowski
journalist

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.

CBRE pleased with Q1 results

schedule 04 May 2015
Rafał Ostrowski
journalist

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

Asbud chooses JLL

schedule 04 May 2015
Rafał Ostrowski
journalist

POLAND JLL has been selected as property manager of the Karolkowa Business Park office building in Warsaw.

Hochtief to work for NewCold

schedule 04 May 2015
Rafał Ostrowski
journalist

POLAND NewCold has selected Hochtief Polska to construct its distribution centre in the subzone of the Łódź Special Economic Zone in Kutno.

Warehouse & industrial

DF Express moves into Segro Business Park Warsaw

schedule 04 May 2015
Rafał Ostrowski
journalist

POLAND Distributor and importer of automotive parts DF Express has relocated its warehouse to Segro Business Park Warsaw in Warsaw’s Żerań district.

Construction

CFE to extend Atrium Promenada

schedule 04 May 2015
Rafał Ostrowski
journalist

POLAND CFE Polska has been selected as the general contractor of the first phase of the Atrium Promenada extension.

Investment & finance

Union Investment buys Focus Park

schedule 04 May 2015
Rafał Ostrowski
journalist

POLAND Union Investment has bought the Focus Park shopping centre in Rybnik from Aviva Investors for an undisclosed sum.

Record high demand on warehouse market

schedule 29 April 2015
Rafał Ostrowski
journalist

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

B&B improves results

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

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

Galeria Sudecka re-opens after extension

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

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

Neptun welcomes first shoppers

schedule 29 April 2015
Tomasz Szpyt-Grzegórski
Deputy editor in chief, journalist

POLAND The Neptun shopping centre in Starogard Gdański, a 50,000 inhabitants city in Northern Poland has been opened.

More Bayer in Gdańsk

schedule 29 April 2015
Rafał Ostrowski
journalist

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.

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