News

POLAND REINO Partners is to set up its REINO Deweloperski FIZ closed investment fund, which will invest in office building construction.

Residential

Keller Williams in Poland

POLAND Global residential real estate agency Keller Williams has opened its first office in Poland. The branch of the franchise will be opening in Katowice.

Victoria Dom with KNF approval

POLAND The Polish Financial Supervision Authority (KNF) has approved the prospectus of Victoria Dom for a planned public bond issue on the Catalyst market of the Warsaw Stock Exchange. In total 500,000 securities with a nominal value of PLN 100 are to be offered by the NWAI brokerage house.

Głogów retail park to be extended

POLAND Saller has started work on the extension of its retail park at ul. Piłsudskiego 3 in Głogów.

Rossmann in Dekada Nysa

POLAND The commercialisation of the Dekada Nysa shopping centre has begun and drug store Rossmann has signed a lease for 480 sqm.

Komfort still growing fast

Office & mixed-use development

POLAND Four new stores of the Komfort chain were opened in March and two outlets have now been reopened after refurbishment, bringing the number of Komfort openings this year up to nine.

Business garden awarded LEED

POLAND Three buildings built in the first stage of the Business Garden Wrocław complex have been awarded LEED green certification with a ‘Platinum’ rating.

EPP raises EUR 150 mln on JSE

POLAND Echo Polska Properties has raised ZAR 2.2 bln (app. EUR 150 mln) on the Johannesburg Stock Exchange.

Green projects

Sky now greener

POLAND Sky Office Center in on ul. Rzymowskiego in Warsaw’s Mokotów district has been awarded a BREEAM In-Use certificate with an ‘Excellent’ rating in the Building Management and Asset Performance categories.

Etalon sees higher revenue and lower profit

RUSSIA Etalon Group has recorded over RUB 49 bln revenue for 2016 – 16 pct more than in 2015.

EBRD interested in Griffin shares

Tomasz Cudowski
editor-in-chief

POLAND Griffin Premium RE has concluded a framework agreement with the European Bank for Reconstruction and Development for the latter to purchase a stake in the company in a public offer that is currently in progress. EBRD can purchase 5 to 10 pct of Griffin Premium RE’s stock for a maximum price of EUR 20 mln.

Hungary and Romania on the hotel radar

Anna Pakulniewicz

CEE REGION Increasing volumes of capital are being invested in the rapidly growing CEE hotel market, according to research just published by Cushman & Wakefield.

Retail & leisure

Hetmańska extends its tech

Anna Pakulniewicz

POLAND A new section of the Auchan Hetmańska shopping centre in Białystok has been opened.

Residential

Europejskie on the Oder

Tomasz Cudowski
editor-in-chief

POLAND Another 101 apartments have been added to the Europejskie estate in Gorzów as the tenth building in Budnex’s project has obtained its final occupancy permit. The construction of another two buildings is underway and others are at the design stage.

Property and Facility Management

Knight Frank to manage Dukat

POLAND Warsaw-based investment company Bergold Group has chosen Knight Frank as the manager of its Dukat shopping centre in Olsztyn.

“Second-best year in history” claims UBM

Alex Hayes
journalist

EUROPE UBM development has announced the results of the second-best year in its history.

Investment & finance

MLP issues bonds and buys land in Germany

Alex Hayes
journalist

POLAND/GERMANY MLP Group is to issue bonds worth up to EUR 50 mln with the proceeds largely earmarked to finance the company’s planned international expansion.

Two tenants stay in Okopowa 56

POLAND Two tenants have prolonged their leases in the Okopowa 56 building in Warsaw’s Wola district and both have also leased extra space.

Immofinanz ends seven-year dispute

Alex Hayes
journalist

EUROPE Immofinanz has announced that in principle it has reached the settlement of a dispute resulting from the company’s merger in June 2010 with Immoeast.

Echo on target to dominate residential market

05 April 2017