Investment & finance
POLAND MBank Hipoteczny has granted a PLN 11.3 mln loan for the next stage of the Sky House estate, which Wikana is building near ul. Jana Pawła II in Lublin.
Construction
POLAND Construction work on Pałac dla Seniora is nearing completion in Sulejówek.
Investment & finance
BULGARIA A joint venture majority owned by MAS Real Estate with Prime Kapital has acquired two shopping centres in Burgas and Stara Zagora for EUR 62 mln from Globe Trade Centre and the European Bank for Reconstruction and Development.
Hotels
BOSNIA AND HERZEGOVINA Swissôtel, which is part of the AccorHotels group, has entered into a franchise agreement with Al Shiddi International from Riyadh to develop a 218-room urban resort in Sarajevo with the opening scheduled for early 2018.
POLAND Golub Gethouse has completed the purchase of the former Telpod electronics factory building for Golub GetHouse Property Fund II FIZ on ul. Romanowicza in Kraków. The building is to be converted into university accommodation.
EUROPE Technological innovation, increasing competition from e-commerce and ever more demanding customers are forcing shopping centres to make changes in order to not only meet customer expectations, but also to stand out from the competition. A shopping centre’s success is now dependent upon an ever increasing number of factors and this creates challenges for both planned and existing centres, claim CBRE in the ‘Shopping Centre 4.0: Innovations in Shopping Centres’ report.
Investment & finance
POLAND A 7R Logistic subsidiary has raised PLN 12 mln through a bond issue, with the money being earmarked to extend the Kraków-Kokotów logistics park.
POLAND Murapol has purchased a 1.24 ha plot for PLN 6.4 mln on ul. Klasztorna in Wrocław where it is to build an estate of three five-storey buildings with 280 apartments and a combined useable area of 11,300 sqm.
Retail & leisure
POLAND A Fikołki play centre is to be opened in the Wroclavia shopping centre, which is being developed in the centre of Wrocław by Unibail-Rodamco.
POLAND The Archicom group of Wrocław has registered record sales for 2016 and is to pay a larger dividend to its shareholders than in the previous year. Additionally, the company is also preparing to launch an office project.
Retail & leisure
POLAND The land on which the City Point shopping centre stands has been re-zoned allowing for the extension and modernisation of the mall.
POLAND OT Port Gdynia, which is owned by OT Logistics, has opened a warehouse for agricultural cargo next to Gdynia harbour.
Office & mixed-use development
POLAND Real estate consultancy Walter Herz has moved to the Prosta Tower office building.
Retail & leisure
POLAND KiK has opened a new outlet in Kielce in the Pasaż Świętokrzyski shopping centre at ul. Massalskiego 3.
Residential
POLAND Dom Development has begun construction work on stages four and five of the Premium estate in Warsaw’s Bemowo district. In the fourth stage, a nine-storey building is to be built with 248 apartments as well as 231 underground parking spaces.
Office & mixed-use development
POLAND French multinational IT consulting corporation Capgemini has leased more than 13,000 sqm in Wrocław’s Business Garden, developed by Vastint Poland.
Office & mixed-use development
POLAND Buma has started the construction work on another office building in the DOT Office complex on ul. Czerwone Maki/Podole in Kraków.
ROMANIA Cushman & Wakefield has signed an exclusive arrangement with DTZ Echinox for the latter to be its affiliate in Romania. The formal affiliate appointment follows the 2015 global merger of Cushman & Wakefield and DTZ. DTZ Echinox had been DTZ’s partner in the country since 2002.
Investment & finance
Europa Capital and WX Management Services have announced that they have completed the acquisition of the Radisson Blu Centrum Hotel in central Warsaw.
Investment & finance
POLAND Following the EUR 104.5 mln sale of Galeria Młociny in Warsaw, Master Management Group has announced that it has plans to invest in prime locations in Poland’s reginal cities.
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