PL

News

Foundation stone for Heweliusz

schedule 21 December 2016
Eurobuild CEE

POLAND Apollo-Rida has held the foundation stone ceremony for an office and residential complex at the junction of ul. Rajska 8 and ul. Heweliusza 18 in Gdańsk’s Old Town, on a site that has been undeveloped for over 70 years.

Residential

Tenants flock to Galeria Ostrovia

schedule 21 December 2016
Eurobuild CEE

POLAND A number of tenants have renewed their leases in the Galeria Ostrovia shopping centre including: Carre, Yes, Gatta, Triumph, Lee Wrangler, Home&You, Ella Boutique, Caymann, City Sport, Douglas, Piacetto, Essenza and Drogeria Natura.

First Retail International Fund 2 closes at EUR 223 mln

schedule 21 December 2016
Alex Hayes
journalist

EUROPE Mitiska REIM has announced the final closing of its First Retail International 2 (FRI 2) fund at EUR 223 mln, which is substantially above the original target of EUR 120-150 mln.

Office & mixed-use development

Ghelamco reveals new image for Wola project

schedule 21 December 2016
Tomasz Szpyt-Grzegórski

POLAND Ghelamco has unveiled its concept for its Warsaw Hub complex, the project formerly known as Sienna Towers.

Residential

New York living in Kraków

schedule 21 December 2016
Eurobuild CEE

POLAND Terra Casa has started construction work on the NY Residence luxury apartment building on ul. Wrocławska in Kraków’s Krowodrza district, with TK-Bud acting as the general contractor.

M7 expands into Zagreb and Budapest

schedule 21 December 2016
Alex Hayes
journalist

CROATIA/HUNGARY M7 Real Estate has bought a number of properties for a total of EUR 14 mln in Zagreb and Budapest for its CEREF I fund.

Etalon to build 110 apartments in St Petersburg

schedule 20 December 2016
Rafał Ostrowski
journalist

RUSSIA Etalon Group has acquired a site for a residential project on on Krapivniy Pereulok in St Petersburg’s Vyborgskiy district.

Retail & leisure

Forum Lviv fully leased

schedule 20 December 2016
Rafał Ostrowski
journalist

UKRAINE The Forum Lviv shopping centre developed by Multi Ukraine is now fully leased.

Baltic Horizon buys shopping centre

schedule 19 December 2016
Alex Hayes
journalist

ESTONIA Northern Horizon Capital has announced the acquisition of the Piirita shopping centre for its Baltic Horizon Fund.

Warehouse & industrial

Syrian chocolates seek refuge in Hungary

schedule 19 December 2016
Alex Hayes
journalist

HUNGARY Syrian chocalatier Ghraoui Chocolate is to build a 12,000 sqm factory in Hatvan in an investment of EUR 24.4 mln.

Office & mixed-use development

Q22 sold

schedule 19 December 2016
Alex Hayes
journalist

POLAND Invesco Real Estate has bought the Q22 office building from Echo Investment for around EUR 273 mln.

Warehouse & industrial

Next stage of Decathlon in Łódź

schedule 19 December 2016
Nathan North
deputy editor

POLAND Panattoni Europe is developing a 32,000 sqm warehouse for Decathlon in Łódź.

Immofinanz takes its Russian time over CA Immo merger

schedule 19 December 2016
Alex Hayes
journalist

CEE REGION Immofinanz is to delay its planned merger with CA Immo to give the company more time to divest itself of its Russian portfolio, which is a condition of the deal.

Investment & finance

Dino prepares for launch

schedule 19 December 2016
Tomasz Cudowski
editor-in-chief

POLAND Dino Polska has submitted its prospectus to the Polish Financial Supervision Authority and is to debut on Warsaw Stock Exchange in H1 next year.

Modernisations and extensions now account for 15 pct of retail space supply

schedule 19 December 2016
Eurobuild CEE

POLAND In both 2016 and 2017 as much as 15 pct of retail space supply of retail space has or will come from extensions and modernisations, claims Colliers International.

Banks still willing to finance projects

schedule 19 December 2016
Eurobuild CEE

EUROPE According to a KPMG survey of nearly 100 financial institutions in 21 countries, financing on European real estate markets is still readily available, despite the decrease in optimism within the industry.

Residential

OPG finishes first stage of Art Modern

schedule 19 December 2016
Tomasz Cudowski
editor-in-chief

POLAND construction work on the first stage of the Art Modern residential complex at ul. Wróblewskiego 6/8 in Łódź has finished.

Infrastructure

Lublin western ring road opens

schedule 19 December 2016
Tomasz Cudowski
editor-in-chief

POLAND The Lublin ring road along the S19 expressway has now been opened. The road, which was built by Budimex, bypasses Lublin from the west. Budimex has built a 9.8 km section under the contract.

Retail & leisure

Media Expert in Auchan Łomianki

schedule 19 December 2016
Eurobuild CEE

POLAND A Media Expert store has opened in the Auchan Łomianki shopping centre in Warsaw.

Retail & leisure

Piotr i Paweł to replace Alma in Klifs

schedule 19 December 2016
Tomasz Szpyt-Grzegórski

POLAND Piotr i Paweł supermarkets are to replace Alma stores in the Klif shopping centres in Warsaw and Gdynia.

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