News

Gazit-Globe borrows more from Citibank

schedule 27 October 2016
Adam Zdrodowski

WORLD Shopping centre owner, developer and operator Gazit-Globe has increased and extended its credit facility agreement with Citibank by USD 150 mln to a total of USD 360 mln.

Retail & leisure

Atrium Azur bought for redevelopment

schedule 27 October 2016
Anna Pakulniewicz

LATVIA KS Holding has acquired SIA MD Galerija Azur in Riga. The new owner is planning to invest additional EUR 16 mln into redeveloping the shopping centre.

Office & mixed-use development

Dahua Technology opens Warsaw office

schedule 26 October 2016
Eurobuild CEE

POLAND Security systems provider Dahua Technology Poland is entering the Polish market with a 730 sqm lease in Poleczki Busines Park in Warsaw.

Technology

Workroom for High5ive

schedule 26 October 2016
Anna Pakulniewicz

POLAND Workroom Group has won a tender to provide technology and marketing services for the High5ive office project in Kraków, which is being developed by Skanska.

Architecture and urban planning

Jems wins design for Gdynia Waterfront

schedule 26 October 2016
Tomasz Szpyt-Grzegórski

POLAND The Jems Architekci architectural studio won the competition to develop the concept for the second stage of the Gdynia Waterfront project on the Nabrzeże Prezydenta embankment in Gdynia.

Retail & leisure

New stores in Renoma

schedule 26 October 2016
Anna Pakulniewicz

POLAND Three new brands have entered the Renoma shopping centre in Wrocław.

Warehouse & industrial

MLP to develop more Makro warehouses

schedule 26 October 2016
Adam Zdrodowski

POLAND MLP Group will develop two more warehouse buildings for wholesaler Makro Cash & Carry Polska.

Residential

Topping off in Miasto Wola

schedule 26 October 2016
Eurobuild CEE

POLAND The Waryński Group and Dantex have topped off the third stage of the Miasto Wola project.

Strong investor interest in Czech retail assets

schedule 26 October 2016
Adam Zdrodowski

CZECH REPUBLIC Retail assets accounted for 38 pct of the total commercial property investment volume of EUR 1.45 bln that was recorded in the Czech Republic in the first three quarters of this year, according to Colliers International.

Warehouse & industrial

Prologis developing fourth Szczecin building

schedule 26 October 2016
Adam Zdrodowski

POLAND Logistics space developer Prologis has launched construction work on the fourth building in Prologis Park Szczecin distribution park in north-western Poland.

Atrium to extend Warsaw shopping centres

schedule 06 October 2016
Adam Zdrodowski

POLAND Atrium Poland Real Estate Management, which has been working on the extension of its flagship Atrium Promenada shopping centre in Warsaw since last year, also plans to add more space to its other two retail assets in the city.

Office & mixed-use development

Nielsen leases 4,600 sqm in Gdański Business Center

schedule 25 October 2016
Adam Zdrodowski

POLAND Pollster Nielsen has leased a total of more than 4,600 sqm of office space in buildings ‘C’ and ‘D’ of the recently completed second phase of the Gdański Business Center complex in Warsaw.

Residential

Dom Development pleased with Q1-Q3 results

schedule 25 October 2016
Adam Zdrodowski

POLAND Dom Development has registered total sales of 2,021 apartments for the first three quarters of 2016, 19 pct up on the 1,705 apartments sold in the same period of last year.

Office & mixed-use development

New life for Posejdon

schedule 25 October 2016

POLAND A large office, conference and hotel complex is to be built at the site of the former Posejdon department store in Szczecin.

Building permit for Verbel in Soho

schedule 25 October 2016
Tomasz Szpyt-Grzegórski

POLAND Soho Development has been granted a building permit for the Verbel (previously known as Rebel II ) building of its Soho Factory project in Warsaw.

Retail & leisure

Neonet reopens in Tczew

schedule 25 October 2016
Alex Hayes
journalist

POLAND Household appliance and electronics retailer Neonet has come back to Tczew after the recent closure of its previous store.

First Polish Dior boutique to open in Galeria Mokotów

schedule 25 October 2016
Ewa Andrzejewska

POLAND Dior is to open its first boutique in Poland in Warsaw’s Galeria Mokotów shopping centre. The store is to be part of the centre’s Designer Gallery.

Investment & finance

Linstow sells stake in Park Inn hotels

schedule 25 October 2016
Anna Pakulniewicz

LITHUANIA Linstow has sold its stake in Baltijos Parkai, a company that owns Park Inn hotels in Vilnius and Klaipėda, to Green Hotel.

YIT to construct office building in Vilnius,

schedule 25 October 2016
Alex Hayes
journalist

LITHUANIA YIT has been appointed as the general contractor for an office project in Vilnius owned by East Capital Explorer.

Hotels

Warimpex sells hotel to Czech investor

schedule 25 October 2016
Rafał Ostrowski
journalist

CZECH REPUBLIC Warimpex Finanz- und Beteiligungs has sold Vienna House hotel in Prague’s Smíchov district to Czech investor CIMEX Group for an undiscosed sum.

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