News

Nathan North
managing editor (English section)

POLAND CBRE Global Investors has finalised the deal to buy Hillwood’s portfolio of four existing logistics parks and has additionally agreed to buy a pipeline of projects in Poland and two new developments in Germany.

Inditex in Belgrade Plaza

SERBIA Plaza Centers has announced that it has concluded lease agreements with Inditex Group for the Belgrade Plaza shopping centre which is scheduled to open in the first half of 2017.

CTP Bucharest West expands

ROMANIA CTP has started construction work on a 60,000 sqm building in CTPark Bucharest West on a speculative basis in an investment of EUR 35 mln.

Goodbye M&S

Office & mixed-use development

CEE REGION Marks & Spencer is to cease operations in eight of its international markets including six in the CEE: Estonia, Hungary, Lithuania, Poland, Romania and Slovakia.

Fashion House II opened in Moscow

Rafał Ostrowski
journalist

RUSSIA Fashion House Group has opened the second phase of the Fashion House Outlet Centre in Moscow.

Cinema 3D comes to Warsaw

Office & mixed-use development

POLAND Cinema 3D has signed a 2,600 sqm lease with Atrium Reduta to open a six-screen multiplex with seating for 1,900 people.

The Tides now open

POLAND The Tides office building in Warsaw has been granted an occupancy permit, while CBRE, which is responsible for its commercialisation, has been appointed as its manager.

New trio in Vivo! Stalowa Wola

POLAND A number of new tenants have entered the Vivo! mall in Stalowa Wola.

Investment & finance

Stockmann to sell Nevsky Center

Rafał Ostrowski
journalist

RUSSIA Stockmann Group is investigating a possible disposal of the Nevsky Center located in the heart of Saint Petersburg.

Ladies First registered

POLAND The Ladies First association of female business leaders was officially registered on October 19th.

Unibep to build aparthotel

POLAND Ochnik Development has chosen Unibep as the general contractor of an aparthotel on ul. Pawia in Warsaw.

Two leases in Flanders

POLAND Liebrecht & Wood has signed leases with two tenants for a combined area of over 1,060 sqm in Flanders Business Park in Warsaw.

Lords LB Baltic Fund I closed

LITHUANIA/LATVIA/ESTONIA Closed-end real estate investment fund Lords LB Baltic Fund I has ceased its activities, having sold its final asset, a Prisma supermarket in Kaunas, to Lithuanian investors.

CCC enters Plaza in Rybnik

POLAND CCC is to open one of its largest stores in Poland in Rybnik Plaza.

Warehouse & industrial

Bombardier launches production in Wrocław

POLAND Production is to start in Bombardier Transportation Polska’s newly extended factory in Wrocław after an investment of PLN 250 mln.

More tenants in Dekada Konin

POLAND RTV Euro AGD, CCC, Martes Sport, Apteka Ziko and Pepco have joined the tenants of the new Dekada project in Konin.

Orbis pleased with results

CEE REGION Orbis has recorded an 8.6 pct increase in its net sales revenue for the first three quarters of the year to PLN 1.036 bln and an increase in its EBITDAR by 11.1 pct (to PLN 376.8 mln).

BIK closer to stock exchange

POLAND Warehouse developer Biuro Inwestycji Kapitałowych has finished collecting subscriptions for its upcoming public offering with a share issue price set at PLN 18.

Kristensen searches for architect

POLAND Kristensen Group has announced that ten architectural studios have entered the competition to design a new project in Karpacz with the winner to be announced on December 10th.

Investment & finance

NEPI buys Arena Centar