News

YIT buys plot for Prague estate

schedule 06 February 2017
Nathan North
managing editor (English section)

CZECH REPUBLIC Finnish development and construction group YIT has acquired a plot for a residential project in Prague 5.

Good year for MLP

schedule 06 February 2017
Eurobuild CEE

POLAND MLP Group leased 95,000 sqm of space in 2016 with 27 separate leases signed.

Wroclavia receives ‘Excellent’

schedule 06 February 2017
Eurobuild CEE

POLAND The Wroclavia retail and office complex which is being developed by Unibail-Rodamco in Wrocław has been awarded a BREEAM Interim certificate for its retail section.

More than USD 73,000 per sqm

schedule 06 February 2017
Eurobuild CEE

RUSSIA Moscow’s most expensive apartment is priced at around USD 70 mln.

Warehouse & industrial

Prague refrigeration plant plot sold

schedule 06 February 2017
Nathan North
managing editor (English section)

CZECH REPUBLIC An industrial area of 1.26 ha in Prague’s Horní Počernice district has been sold by Carrier Commercial Refrigeration.

Gołębiewski conquers Pobierowo

schedule 06 February 2017
Eurobuild CEE

POLAND Tadeusz Gołębiewski has purchased a plot of 25 ha in the seaside town of Pobierowo at an auction and is planning to develop a five-star hotel for over 2,000 guests.

Investment & finance

Amazon Bratislava HQ changes hands

schedule 06 February 2017
Nathan North
managing editor (English section)

SLOVAKIA The ČS nemovitostní fund, managed by REICO, has bought the Park One office building in Bratislava for app. CZK 960 mln (EUR 35.6 mln) from private investment firm Falcon II Fund.

Retail & leisure

Północna gets sporty

schedule 06 February 2017
Tomasz Szpyt-Grzegórski

POLAND 4Faces is to open its first Warsaw store in Galeria Północna. A specialist, multiband sport concept is to be opened over an area of nearly 1,000 sqm.

Office & mixed-use development

Second Cross Point building finished

schedule 06 February 2017
Ewa Andrzejewska

POLAND A new office building with an area of 3,400 sqm has been added to the Cross Point office complex in Łódź.

Fitter in Glogovia

schedule 06 February 2017
Eurobuild CEE

POLAND Fitness Studio has opened a gym in the Galeria Glogovia shopping centre in Głógów in Lower Silesia.

JHM Development enters Bydgoszcz

schedule 06 February 2017
Eurobuild CEE

POLAND JHM Development has finalised the purchase of a 0.8 ha plot on ul. Fordońska and ul. Żabia in Bydgoszcz.

Retail & leisure

Fresh faces in Blue City

schedule 06 February 2017
Tomasz Szpyt-Grzegórski

POLAND Time Machine, Graal, Anabel Arto, Fashion & Liberty, Pizza Hut Express and Modnisiowo have become the latest tenants of the Blue City shopping centre in Warsaw.

Ronson plans 1,600-apartment estate

schedule 06 February 2017
Tomasz Szpyt-Grzegórski

POLAND Ronson is buying a plot for a large housing estate in Warsaw’s Ursus district.

Office & mixed-use development

Comp renegotiates

schedule 06 February 2017
Eurobuild CEE

POLAND At the end of last year IT company Comp extended the lease of its head office in Jutrzenki Business Park in Warsaw, thus remaining the anchor of the building.

WTT showroom to tempt tenants

schedule 03 February 2017
Rafał Ostrowski
journalist

POLAND Akron Investment Central Eastern Europe II and its asset manager Heitman have opened a showroom on the 26th floor of Warsaw Trade Tower (WTT) to showcase the space arrangement possibilities of the building.

Good prospects for fundraising

schedule 03 February 2017
Eurobuild CEE

WORLD According to the latest Prequin investor survey, 57 pct of investors intend to commit more capital to private debt funds in 2017 compared to 2016, while only 11 pct plan to invest less to such funds than in the previous year.

Investment & finance

Atenor sells another Váci Greens building

schedule 03 February 2017
Nathan North
managing editor (English section)

HUNGARY Atenor has sold building A of Váci Greens in Budapest to a group of private Hungarian investors for an undisclosed sum.

Office & mixed-use development

Work begins on Szczecin office park

schedule 03 February 2017
Tomasz Cudowski
editor-in-chief

POLAND Construction work on the first stage of Szczecin Business Plaza, a class ‘A’ office and shopping complex on at ul. Południowa in Szczecin, has started.

Investment & finance

Accor takes Chain Bridge option

schedule 03 February 2017
Eurobuild CEE

HUNGARY Accor, the majority shareholder of Orbis (52.7 pct) is buying the Sofitel Budapest Chain Bridge hotel via a subsidiary.

CEE outperforms rest of Europe

schedule 03 February 2017
Eurobuild CEE

CEE REGION The total commercial real estate investment volume across Central and Eastern Europe grew 11 pct to EUR 11 bln in 2016, bucking the wider trend across Europe, where volumes shrank year-on-year, according to Cushman & Wakefield. In Q4 2016 alone, the total investment across the region reached EUR 4.4 bln, a 27 pct increase on a year ago.

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