News

Investment & finance

Passerinvest buys back two BB Centrum buildings

schedule 14 November 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC Passerinvest group has completed buying two office buildings back from Immofinanz in BB Centrum office park in Prague’s Michle district.

Investment & finance

Immofinanz extends Top Shop portfolio

schedule 14 November 2016
Alex Hayes
journalist

SLOVAKIA/HUNGARY Immofinanz has announced the acquisition of eight properties for its Stop Shop retail park portfolio with a combined purchase price of EUR 79 mln.

Residential

Młody Żoliborz nears completion

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

POLAND Asbud Group is finishing the work on the construction of the Młody Żoliborz residential estate in Warsaw.

Ghelamco outbids everyone in Łódż

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

POLAND Belgian developer Ghelamco has purchased a parcel with an area of over 2 ha in the centre of Łódź.

Residential

Apartments on the main street

schedule 10 November 2016
Anna Pakulniewicz

LITHUANIA A luxury apartment building is to be developed at 47 Gedimino prospektas in Vilnius in a modernised tenement located near the parliament building.

Residential

Nova Atmosfera in Wilanów

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

POLAND The Nova Atmosfera estate is being developed on ul. Teodorowicza in Warsaw’s Wilanów district.

Conference management from Qumak

schedule 10 November 2016
Anna Pakulniewicz

POLAND An integrated system for conference hall, guest service and communication management via digital signage carriers has been developed by Qumak.

Rajskie Źródła in Włochy

schedule 10 November 2016

POLAND Ideal Idea’s Park IV warehouse and office complex in Warsaw’s Włochy district has acquired a new tenant.

Architecture and urban planning

Kraków park design not chosen

schedule 10 November 2016
Anna Pakulniewicz

POLAND A competition for the development of the concept for Park Zakrzówek in Kraków has resulted in none of the designs submitted being selected for the project.

Construction

Contractor for Central Park

schedule 10 November 2016

POLAND Marvipol has chosen Eiffage Polska Budownictwo as the general contractor for the third stage of a residential estate development in Ursynów.

Construction

Kartuzy ring road opens early

schedule 10 November 2016
Rafał Ostrowski
journalist

POLAND Strabag has completed an app. 2 km section of the Kartuzy ring road near Gdańsk.

Residential

Moderna enters capital city

schedule 10 November 2016

POLAND An eight-storey tenement building with 54 apartments is to be built between ul. Złota and ul. Chmielna in central Warsaw – the first project by TriCity-based developer Moderna in the capital city.

Investment & finance

Mitiska looking for projects in CEE

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

CEE REGION Interview with David Tejml, head of Mitiska REIM’s CEE operations and Stefan Klug, Germany investment director, Mitiska-REIM.

Office & mixed-use development

Werk constructing Vox Technology Park

schedule 10 November 2016
Alex Hayes
journalist

ROMANIA Werk Group is currently constructing the Vox Technology Park in Timișoara in an investment of EUR 30 mln.

Office & mixed-use development

Penta sells Florentinum to Chinese

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC Penta Investments has sold the Florentinum mixed-use complex In central Prague to Chinese investor CEFC.

Investment & finance

Arcona to buy eleven Polish shopping centres

schedule 10 November 2016
Rafał Ostrowski
journalist

POLAND Arcona Property Fund is planning to acquire a portfolio of eleven small shopping centres in Poland for EUR 25.9 mln.

Courtyard by Marriott to open in Vilnius

schedule 09 November 2016
Alex Hayes
journalist

LITHUANIA A four-star Courtyard by Marriott hotel is to open on the site of the former Žalgirio stadium in central Vilnius.

CTP goes green

schedule 09 November 2016
Alex Hayes
journalist

EUROPE CTP has targeted a 5 pct reduction in energy consumption across its portfolio for 2016 with 200,000 sqm having already been retrofitted with LED lighting.

Office & mixed-use development

One new tenant and many renewals in New City

schedule 08 November 2016
Alex Hayes
journalist

POLAND Hines Polska, the building manager for Hines Global REIT has signed up a new tenant for the New City office complex at 15 Marynarska Street in Warsaw.

Office & mixed-use development

Renaissance Building is refurbished

schedule 08 November 2016
Ewa Andrzejewska

POLAND The Renaissance Building at Zbawiciela Square in Warsaw has reopened following a major renovation and revitalisation of its façade.

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