News

Infrastructure

Old City Harbour ready in May 2017

schedule 29 August 2016
Anna Pakulniewicz

ESTONIA Nordecon has been contracted by the Port of Tallinn [Tallina Sadam] for the construction of Logi Street and the northwest section of Tallinn’s Old City Harbour.

Investment & finance

Orco finally merged into CPI

schedule 29 August 2016
Nathan North
managing editor

CZECH REPUBLIC CPI Property Group has obtained merger clearance for the acquisition of Orco Property Group from the Czech Office for the Protection of Competition (ÚOHS).

Investment & finance

Dekada willing to buy

schedule 29 August 2016
Ewa Andrzejewska

POLAND Aleksander Walczak, the president of Dekada, has announced plans for the acquisition of shopping centres in Poland.

Retail & leisure

Getting fit at Gemini Park Tychy

schedule 29 August 2016
Adam Zdrodowski

POLAND The Fabryka Formy fitness club chain has joined the list of tenants of the Gemini Park Tychy shopping centre in Silesia.

Improved Q2 for YIT

schedule 29 August 2016
Adam Zdrodowski

EUROPE Finnish developer and builder YIT Corporation generated revenue of EUR 463.7 mln (based on segment reporting) in Q2 2016, which marked an 11 pct increase on the same period of last year.

Autumn opening for Brno Marriott

schedule 29 August 2016
Adam Zdrodowski

CZECH REPUBLIC Commercial real estate developer and manager CTP is to hold the grand opening ceremony of the new Courtyard Marriott Hotel in Brno in the autumn.

Hotels

First Hilton for Lithuania

schedule 29 August 2016
Anna Pakulniewicz

LITHUANIA Hilton Worldwide is to open a Hilton Garden Inn hotel in Vilnius.

Warehouse & industrial

Putka bakery opens

schedule 29 August 2016
Eurobuild CEE

POLAND Jakon has completed a new bakery plant in Jawczyce near Ożarów Mazowiecki. The useable area of the facility exceeds 12,000 sqm while its height exceeds 11m.

Office & mixed-use development

Batory secures three new tenants

schedule 29 August 2016
Eurobuild CEE

POLAND The Batory Office Building I in Warsaw, which is owned by a fund managed by Griffin Real Estate, has acquired new tenants: Kuźniewski Notebooki, Eppendorf and Office Bistro.

Kleba sells Olsztynek properties

schedule 29 August 2016
Eurobuild CEE

POLAND KI Siedem, a subsidiary of Kleba Invest, has sold properties in Olsztynek for PLN 15 mln to an as yet undisclosed buyer.

Interior design

Manpower shows off new interiors

schedule 26 August 2016
Anna Pakulniewicz

POLAND HR consultant ManpowerGroup relocated its Polish headquarters in Warsaw at the beginning of August.

Interior design

Empik gets innovative

schedule 26 August 2016
Anna Pakulniewicz

POLAND Innovative and intuitive – these are the central ideas in the new concept of the interior design of Empik stores.

Investment & finance

REIT awareness to be promoted

schedule 26 August 2016
Adam Zdrodowski

POLAND A group of real estate market experts has set up the REIT Poland association.

LPP looks to eastern neighbours for custom

schedule 26 August 2016
Eurobuild CEE

BELARUS The LPP fashion retail group has signed a franchise contract with a subsidiary of Rapa Torg Group of Belarus to open the first Reserved outlet in the country in Minsk in H1 2017.

Hotel Gromada still up for grabs

schedule 26 August 2016
Anna Pakulniewicz

POLAND An auction for the Hotel Gromada Warszawa Lotnisko held on July 20th resulted in the failure to sell the property, ‘Eurobuild CEE’ has discovered.

Retail & leisure

First Lego Store opens in Poland

schedule 26 August 2016
Ewa Andrzejewska

POLAND The first Polish Lego Store has opened – on the ground floor of Galeria Mokotów in Warsaw.

BZ WBK finances Ochota apartments

schedule 26 August 2016
Eurobuild CEE

POLAND A Unibep SPV company under the name of Szczęśliwicka has obtained a loan from BZ WBK bank for the construction of its project on ul. Bitwy Warszawskiej 1920 r. in Warsaw.

Skanska wins EUR 200 mln road contract

schedule 26 August 2016
Rafał Ostrowski
journalist

SLOVAKIA Skanska has won a EUR 197 mln (SEK 1.8 bln) contract to build a 14.4 km section of the D1 motorway in eastern Slovakia.

Warehouse & industrial

Goodman to develop huge logistics centre near Szczecin

schedule 26 August 2016
Adam Zdrodowski

POLAND Goodman is to develop a 130,000 sqm logistics centre for Zalando in Gryfino near Szczecin, which will be one of the largest projects of its kind in the country.

Irydion draws in Vinci

schedule 26 August 2016
Rafał Ostrowski
journalist

POLAND Menard Polska and Soletanche Polska, two companies from the Vinci Group operating in the construction industry, have leased a total of app. 1,380 sqm in the Irydion office building in Warsaw’s Żoliborz district.

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