News

Hotels

Falcon opens doors

schedule 27 July 2016
Anna Pakulniewicz

POLAND The Hotel Falcon in Rzeszów has opened its door for its first guests.

Retail & leisure

H&M chooses Gemini Park Tychy

schedule 27 July 2016
Anna Pakulniewicz

POLAND H&M has leased almost 2,000 sqm in Gemini Park Tychy. The Swedish chain is the latest company to have rented large-format premises in this building.

Construction

Work begins on huge Warsaw estate

schedule 27 July 2016
Tomasz Szpyt-Grzegórski

POLAND In August Ronson plans to start the construction of a residential estate with 1,500 flats on ul. Marywilska in Warsaw’s Białołęka district.

Bergold turns to Knight Frank

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND Bergold Group has appointed Knight Frank as the sole leasing agent for four office properties with a total leasable area of more than 20,000 sqm.

Office & mixed-use development

Office take-up in Moscow City surges

schedule 27 July 2016
Eurobuild CEE

RUSSIA In the first half of the year office take-up in the Moscow City district reached 207,000 sqm, which was three times higher than the figure for the whole of 2015 (77,000 sqm), according to JLL.

1.5 mln sqm vacant on Moscow warehouse market

schedule 27 July 2016
Eurobuild CEE

RUSSIA The volume of vacant space on the Moscow warehouse market has reached a record 1.5 mln sqm out of a total stock of 12.4 mln sqm, according to JLL. This means that the vacancy rate in existing warehouse premises has increased to 12.5 pct compared to 10.5 pct at the end of 2015.

Home supply close to breaking record

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND According to the Polish Central Statistical Office (GUS) nearly 73,700 apartments and houses were completed in H1 this year.

Residential

Bryksy completes Graffit House

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND Kraków-based developer Bryksy has completed the Graffit House residential project on ul. Rogozińskiego in Kraków’s Grzegórzki district.

Residential

Osiedle Tulipanowe in Środa finished this year

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND Planetbud Development intends to complete the construction of Osiedle Tulipanowe in Środa Wielkopolska, southeast of Poznań, this year.

Marvipol buys Praga plot

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND Marvipol has issued a stock exchange announcement for the purchase of the perpetual usufruct right of a 0.88 ha plot in Warsaw’s Praga-Południe district.

Retail & leisure

Aksonometria debuts in Nowy Świat 2.0

schedule 27 July 2016
Eurobuild CEE

POLAND The Aksonometria furniture store has opened in the Nowy Świat 2.0 office building in Warsaw, developed by Centrum Bankowo-Finansowe Nowy Świat.

Office & mixed-use development

Tenants expand in Ambassador

schedule 26 July 2016
Rafał Ostrowski
journalist

POLAND Two tenants, Coty Polska and DSV ISS, have expanded their premises in the Ambassador office building in Warsaw’s Mokotów district by additional 700 sqm in total.

Retail & leisure

ETC Swarzędz upgrade begins

schedule 26 July 2016
Rafał Ostrowski
journalist

POLAND A joint venture set up by Capital Park (the investor) and Akron Group (the property owner) have started the refurbishment and ugrade of the oldest shopping centre in Wielkopolska region – ETC Swarzędz.

Hotels

Record occupancy in Russian hotels

schedule 26 July 2016
Eurobuild CEE

RUSSIA The market-wide weighted average occupancy in Russian hotels in H1 reached a five-year record – 68 pct, exceeding the last year’s number by 4.6 pp, according to JLL.

Investment & finance

Echo sets sights on Jo’burg and Lux listing

schedule 26 July 2016
Eurobuild CEE

POLAND Echo Polska Properties (EPP), which is jointly owned by Echo Investment and South Africa’s Redefine Properties, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.

Office & mixed-use development

Fifth B4B building full, with sixth about to open

schedule 26 July 2016
Eurobuild CEE

POLAND Building ‘E’, the fifth building of the Bonarka for Business (B4B) office complex in Kraków’s Podgorze district, has reached 100 pct with the signing of two new tenants.

New development plan for Klaipėda in 2018

schedule 26 July 2016
Anna Pakulniewicz

LITHUANIA A new comprehensive spatial development plan for Klaipėda is to be prepared for an area of 9.8 ha of the city.

Interior design

Designer lighting that can be controlled too

schedule 26 July 2016
Anna Pakulniewicz

EUROPE Trilux Polska is launching its latest product, Lunexo Led – the winner of the Design+ award at the Light+Building 2016 trade fair.

Forced S6 buy-out by GDDKiA

schedule 26 July 2016
Anna Pakulniewicz

POLAND Over the next few weeks the General Directorate of National Roads and Motorways (GDDKiA) is to purchase properties needed for the construction of the S6 expressway.

iQor grows in Bydgoszcz

schedule 26 July 2016
Tomasz Szpyt-Grzegórski

POLAND iQor, one of the largest service companies in Europe, is to enlarge its Bydgoszcz branch. The company, which is involved in the guarantee and post-guarantee repairs of electronic equipment, will extend the branch by 14,000 sqm.

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