News

Investment & finance

Mitiska looking for projects in CEE

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

CEE REGION Interview with David Tejml, head of Mitiska REIM’s CEE operations and Stefan Klug, Germany investment director, Mitiska-REIM.

Office & mixed-use development

Werk constructing Vox Technology Park

schedule 10 November 2016
Alex Hayes
journalist

ROMANIA Werk Group is currently constructing the Vox Technology Park in Timișoara in an investment of EUR 30 mln.

Office & mixed-use development

Penta sells Florentinum to Chinese

schedule 10 November 2016
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC Penta Investments has sold the Florentinum mixed-use complex In central Prague to Chinese investor CEFC.

Investment & finance

Arcona to buy eleven Polish shopping centres

schedule 10 November 2016
Rafał Ostrowski
journalist

POLAND Arcona Property Fund is planning to acquire a portfolio of eleven small shopping centres in Poland for EUR 25.9 mln.

Courtyard by Marriott to open in Vilnius

schedule 09 November 2016
Alex Hayes
journalist

LITHUANIA A four-star Courtyard by Marriott hotel is to open on the site of the former Žalgirio stadium in central Vilnius.

CTP goes green

schedule 09 November 2016
Alex Hayes
journalist

EUROPE CTP has targeted a 5 pct reduction in energy consumption across its portfolio for 2016 with 200,000 sqm having already been retrofitted with LED lighting.

Office & mixed-use development

One new tenant and many renewals in New City

schedule 08 November 2016
Alex Hayes
journalist

POLAND Hines Polska, the building manager for Hines Global REIT has signed up a new tenant for the New City office complex at 15 Marynarska Street in Warsaw.

Office & mixed-use development

Renaissance Building is refurbished

schedule 08 November 2016
Ewa Andrzejewska

POLAND The Renaissance Building at Zbawiciela Square in Warsaw has reopened following a major renovation and revitalisation of its façade.

New landing lights in Bemowo

schedule 08 November 2016
Anna Pakulniewicz

POLAND Qumak has been appointed as the general contractor to install a modern navigation lighting system on the runway at the Warsaw-Babice airport in the city’s Bemowo district.

Budner raises funds for student halls of residence

schedule 08 November 2016

POLAND Budner has raised PLN 25 mln from a bond issue.

Mirbud to extend Marywilska 44

schedule 08 November 2016
Eurobuild CEE

POLAND Mirbud is to extend the Marywilska 44 retail complex in Warsaw’s Białołęka district in a contract worth over PLN 43 mln gross.

Office & mixed-use development

Monks to lease out offices in Kraków

schedule 08 November 2016
Tomasz Szpyt-Grzegórski

POLAND Astris, a development company that belongs to the Piarist monastic order of the Province of Poland, is developing a 13,000 sqm office building on ul. Lublańska.

Retail & leisure

New grocery anchor in Słoneczna

schedule 08 November 2016
Eurobuild CEE

POLAND Carrefour Polska has leased 1,850 sqm in the Galeria Słoneczna shopping centre in Radom.

Plaza Centers asks bondholders for time

schedule 08 November 2016
Alex Hayes
journalist

EUROPE Plaza Centers has applied to its bondholders to postpone repayment of some of its debts that fall due on December 1st 2017 under its debt restructuring deal.

Warehouse & industrial

CBRE GI seals deal to buy Hillwood’s Polish sheds

schedule 08 November 2016
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.

Retail & leisure

Inditex in Belgrade Plaza

schedule 08 November 2016
Alex Hayes
journalist

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

schedule 08 November 2016
Alex Hayes
journalist

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.

Retail & leisure

Goodbye M&S

schedule 08 November 2016
Alex Hayes
journalist

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.

Office & mixed-use development

Fashion House II opened in Moscow

schedule 08 November 2016
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

schedule 07 November 2016

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.

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Edition 12 (304) December 2025

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