News

POLAND Since October 6th Wołomin residents no longer have to travel into Warsaw to go shopping.

Cosmetics distributor in Ideal Idea IV

POLAND Pollux has leased a warehouse area of 310 sqm, including office and rest and refreshment space, in the Ideal Idea Park IV warehouse complex in Warsaw.

Foundation of Park Avenue

POLAND The investor of the Park Avenue office building has reported that the construction of the building’s diaphragm walls has been completed.

Residential

Asbud to build more apartments in Wola

POLAND Asbud Group is launching a large residential project in Warsaw’s Wola district.

Dom Development to issue shares

POLAND Dom Development hopes to acquire PLN 120 mln in a new bond issue.

Good September for Vistula

POLAND WSE-listed company Vistula Group has registered a consolidated sales revenue of app. PLN 42.9 mln for September 2016 app. 10.6 pct higher than its revenue in September 2015.

Hit in Nowy Dwór Mazowiecki

POLAND A Hit shopping centre has opened in Nowy Dwór Mazowiecki.

Retail & leisure

No recent completions in Kraków

POLAND No new shopping centres have been developed in Kraków over the last one and a half years, with the market now awaiting the delivery of the Serenada project, which is scheduled for completion in the second half of next year, according to the recent “Shopping centres in agglomerations Q2 2016/Kraków” report by Colliers International.

Warehouse & industrial

New tenants at Prologis Park Teresin

POLAND Industrial space developer Prologis has signed two new lease agreements for a total of 15,750 sqm at its Prologis Park Teresin distribution centre in the Warsaw area.

Retail & leisure

Arsenal Centre completed in Tallinn

ESTONIA General contractor Nordecon has completed the construction work on the Arsenal Centre retail and office project in Tallinn, with the project scheduled to open on October 27.

Aussies say “G’day” in Katowice

POLAND Australian international IT company Altium is to launch its first office in Poland.

Retail & leisure

New Bucharest store for Kenvelo

ROMANIA Clothing retailer Kenvelo will later this month open a 156 sqm store at the Fashion House Outlet Centre Bucharest. The company is the eleventh new brand to have leased space at the outlet centre since the beginning of the year.

Technology

By the light of the cycle path

Anna Pakulniewicz

POLAND Strabag has built the first lit cycle path in Poland using technology developed by the TPA laboratory in Pruszków.

Hager opens office building in Tychy

Ewa Andrzejewska

POLAND German Electronic component producer Hager Polo, which is part of the Hager Group, has opened a 2,600 sqm office and training centre on ul. Fabryczna in Tychy.

Interior design

Entering new sectors after rebranding

Anna Pakulniewicz

POLAND Tétris by Neo Świat has completed its rebranding and changed its name.

Hotels

CFI invests in Falenty

POLAND Central Fund of Immovables, a subsidiary of CFI Holding, has finished the first stage of redevelopment and conversion work on a conference centre in Falenty near Warsaw. Plans are also in place to extend the facility.

EU approval for SELP acquisition

POLAND The EU competition authorities have consented to the acquisition by Segro European Logistics Partnership (SELP) of the Gliwice 5 warehouse.

Hotels

Accor to blend hotels with hostels

29 September 2016

EUROPE AccorHotels is to create a new hotel brand Jo&Joe, which will combine features of private-rental, hostel and hotel formats and even some Google campus style work spaces. About 50 such hotels are to be built by the year 2020.

Foundation stone for Advance Tower

17 October 2016

Alex Hayes
journalist

HUNGARY Futureal has laid the foundation stone for its Advance Tower in Budapest.

Warsaw retail stock keeps growing

17 October 2016