News

Retail & leisure

More brands open in Krosno

schedule 03 February 2017
Tomasz Cudowski
editor-in-chief

POLAND Home & You, Martes Sport and CCC have taken out leases for space in Vivo! Krosno.

Belgians bigger in Bielany

schedule 03 February 2017
Tomasz Cudowski
editor-in-chief

POLAND Matexi Polska has finalised the purchase of a plot in Warsaw’s Bielany district adjacent to one for a project already planned by the company.

Two disappear from Złote Tarasy

schedule 03 February 2017
Ewa Andrzejewska

POLAND The Rossmann drugstore in Złote Tarasy in Warsaw is being extended at the cost of the shopping centre’s Kakadu store, which has ended its tenancy.

Immofinanz raise EUR 97.4 mln from BUWOG issue

schedule 03 February 2017
Rafał Ostrowski
journalist

EUROPE Immofinanz has sold app. 4.5 mln of ordinary shares in Austrian residential builder and manager BUWOG.

Architecture and urban planning

Inside Galeria Północna

schedule 02 February 2017
Eurobuild CEE

POLAND Developer GTC has unveiled the design of Galeria Północna’s façade.

Construction

Mirbud to build Wrocław retail park

schedule 02 February 2017
Eurobuild CEE

POLAND General contractor Mirbud, which is based in Skierniewice, is to build a retail park in Wrocław on ul. Gagarina in a contract worth nearly PLN 8.5 mln.

Hochtief builds office building for publisher

schedule 02 February 2017
Eurobuild CEE

POLAND An 8,200 sqm office project designed by AP Szczepaniak with an area of 8,200 sqm is being developed in Wrocław.

EurobuildCEE

Ultra-style apartments

schedule 02 February 2017
Eurobuild CEE

POLAND Red Real Estate Development is to extend its Nowa Papiernia project in Wrocław.

Office & mixed-use development

Zurich offices in Astris

schedule 02 February 2017
Eurobuild CEE

POLAND Swiss-based Zurich Insurance has signed a lease of around 1,000 sqm in the Astris office building under development at the Polsad roundabout in Kraków.

Retail & leisure

Oh Kino to come to Kępno

schedule 02 February 2017
Eurobuild CEE

POLAND The Quick Park shopping centre in Kępno has signed a 934 sqm lease with the Oh Kino cinema chain.

Work on long-awaited Strzyżów bypass soon to start

schedule 02 February 2017
Eurobuild CEE

POLAND Mostostal Warszawa is to build a bypass of over 6km around Strzyżów along provincial road no. 988.

Construction

Erbud builds outpatient clinic

schedule 02 February 2017
Eurobuild CEE

POLAND Erbud as the general contractor is building a medical clinic on ul. Coopera in Warsaw’s Bemowo district with the work having currently reached the shell stage.

Investment & finance

CBRE GI granted EUR 108 mln loan

schedule 02 February 2017
Rafał Ostrowski
journalist

CZECH REPUBLIC CBRE Global Investors has acquired a EUR 108 mln loan from Pbb Deutsche Pfandbriefbank for the acquisition of the Letňany shopping centre in Prague. Letňany,

Property and Facility Management

Echo selects Savills

schedule 02 February 2017
Rafał Ostrowski
journalist

POLAND Echo Investment has appointed Savills to manage the Nobilis Business House office building in Wrocław.

Investment & finance

EPP to buy four Blackstone malls for EUR 166.6 mln

schedule 02 February 2017
Nathan North
managing editor (English section)

POLAND Echo Polska Properties (EPP) has announced the signing of a preliminary agreement to acquire four shopping centres across Poland from funds managed by Blackstone.

Hungarian investment doubles

schedule 02 February 2017
Rafał Ostrowski
journalist

HUNGARY The Hungarian commercial real estate investment market doubled from EUR 745 mln in 2015 to EUR 1.54 in 2016, according to the latest report by CBRE.

Good year for Sochi hotels

schedule 02 February 2017
Rafał Ostrowski
journalist

RUSSIA In 2016, the Sochi quality hotel market exhibited a substantial improvement in operating performance in the upper and midscale segments, according to JLL, and in both Sochi’s coastal and mountain clusters.

Marriott enters Estonia

schedule 02 February 2017
Ewa Andrzejewska

ESTONIA The Telegraaf hotel in Tallinn has signed a licensing agreement with the Marriott International hotel chain.

Office & mixed-use development

Co-working boutique in Zebra

schedule 02 February 2017
Anna Pakulniewicz

POLAND Business Link Nowa Zebra, a co-working ‘boutique’ office concept created by Business Link, has been established on floors eight and nine of the Zebra Tower building at the Jazdy Polskiej roundabout and ul. Mokotowska 1.

More homes from Dekpol

schedule 02 February 2017
Eurobuild CEE

POLAND Last year Dekpol sold a total of 537 apartments – almost 40 pct more than the previous year.

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