News

Construction

Warsaw to build Southern Hospital

schedule 02 November 2016
Tomasz Szpyt-Grzegórski

POLAND The city of Warsaw has signed a contract with a consortium of Erbud, Strabag and Züblin to build a 309-bed hospital at the junction of ul. Pileckeigo and ul. Indiry Gandi in the city’s Ursynów district.

Lidl opens 600th Polish store

schedule 02 November 2016
Anna Pakulniewicz

POLAND Lidl has opened its 600th store in Poland with the opening having taken place in Poznań on October 20th.

Retail & leisure

Helios to open cinema in Forum

schedule 02 November 2016
Tomasz Szpyt-Grzegórski

POLAND Helios will open a nine-screen multiplex in the mixed-use Forum Gdańsk complex, which is being developed as part of the revitalization of historic Targ Sienny and Targ Rakowy markets in Gdańsk.

Arco Vara pulls out of Latvia

schedule 02 November 2016
Alex Hayes
journalist

LATVIA Arco Vara has sold a 70 pct stake in its subsidiary Arco Real Estate in a management buyout to chairman of the board Aigars Smits for an undisclosed price.

Colliers’ revenue up by 10 pct

schedule 02 November 2016
Rafał Ostrowski
journalist

WORLD Colliers International reported USD 462.1 mln revenue for the third quarter of this year – a 10 pct increase on the same quarter of the previous year.

L3 sold

schedule 02 November 2016
Alex Hayes
journalist

LITHUANIA Eften Real Estate Fund III has purchased the L3 office building in Vilnius from E.L.L. Real Estate subsidiary UAB Centresta for an undisclosed price.

Huge Auchan distribution centre in Domedodovo

schedule 31 October 2016
Rafał Ostrowski
journalist

RUSSIA Developer Radius Group is to build a 138,000 sqm distribution centre for Auchan Retail Russia in the South Gate Industrial Park in Domodedovo, a town just outside Moscow. According to the developer it is going to the biggest single-user building in Europe.

Moscow take-up on the rise

schedule 31 October 2016
Rafał Ostrowski
journalist

RUSSIA The take-up on the Moscow market in the first three months of the year came to 857,300 sqm, 7.3 pct more than in the same period of 2015, according to figures from JLL.

Office & mixed-use development

Kulczyk sells property to Europa Capital and White Star

schedule 31 October 2016
Rafał Ostrowski
journalist

POLAND Kulczyk Silverstein Properties (KSP) has sold the Plac Malachowskiego office building in central Warsaw to a joint venture of Europa Capital and White Star Real Estate.

Residential

More apartments in Wola

schedule 31 October 2016
Tomasz Szpyt-Grzegórski

POLAND Construction work on the third stage of the Stacja Kazimierz estate in Warsaw’s Wola district is to start in Q1 2017.

Retail & leisure

Three new tenants of Koneser

schedule 31 October 2016
Anna Pakulniewicz

POLAND Three new leases have been signed for service outlets in the Centrum Praskie Koneser project.

Residential

Foundation stone for Bulwary

schedule 31 October 2016
Tomasz Szpyt-Grzegórski

POLAND Belgian developer BPI Polska has laid the foundation stone for Bulwary Książęce in Wrocław.

Hutchinson to grow in Dębica

schedule 31 October 2016
Eurobuild CEE

POLAND Hochtief Polska has signed a ‘design and build’ contract with DL Project Management, part of the DL Invest Group, to construct a new production plant for Hutchison in Dębica.

Office & mixed-use development

Silesia Star in the constellation of Libra

schedule 31 October 2016
Tomasz Szpyt-Grzegórski

POLAND SmartOffice service provider Libra Property Development has leased 900 sqm in the Silesia Star office complex in Katowice.

New retailers in Galeria Północna

schedule 31 October 2016
Tomasz Szpyt-Grzegórski

POLAND TK Maxx is to open a fashion store in the Galeria Północna shopping centre, which is under construction in Warsaw’s Białołęka district.

Residential

Senior Apartments completed

schedule 31 October 2016
Anna Pakulniewicz

POLAND The Senior Apartments estate for the elderly has been completed in the Wiązowna administrative district near Warsaw with similar estates planned to be built in Warsaw itself.

Military contract for Mostostal Warszawa

schedule 31 October 2016
Eurobuild CEE

POLAND The northern branch of Mostostal Warszawa has been commissioned by the Regional Infrastructure Authority to modernise a building for a military unit in Redzikowo.

New tenant for Vilnius Tech Park

schedule 28 October 2016
Adam Zdrodowski

LITHUANIA Kilo.lt, an online provider of personalised nutrition has moved into Vilnius Tech Park, the largest technology hub for startups from the information and communications technology (ICT) sector in the Baltic states.

CBRE touts Q3 performance

schedule 28 October 2016
Adam Zdrodowski

WORLD Real estate services firm CBRE has announced that its revenue for the third quarter of this year came USD 3.2 bln, a y-o-y increase of 18 pct.

Norges invests in CEE logistics portfolio

schedule 28 October 2016
Adam Zdrodowski

CEE Norges Bank Real Estate Management has acquired a 50 pct interest in a major Central and Eastern European logistics portfolio from Prologis for EUR 55.3 mln.

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