News

Lokum Deweloper allocates C-series bonds

schedule 01 August 2016
Eurobuild CEE

POLAND Lokum Deweloper has carried out a private issue of three-year C-series bonds with a total nominal value of PLN 40 mln.

Interior design

Stixx (unofficially) opens

schedule 01 August 2016
Anna Pakulniewicz

POLAND A Stixx Bar & Grill restaurant complex is now operating in a 1950s warehouse formerly owned by Wojskowe Zakłady Graficzne Bellona (the Military Printing Works) on the pl. Europejski plaza that forms part of the Warsaw Spire complex.

Retail & leisure

H&M in Askana for 9th anniversary

schedule 01 August 2016
Ewa Andrzejewska

POLAND H&M is the largest new tenant of Galeria Askana in Gorzów. A two-storey outlet of the brand of more than 1,600 sqm will be opened in the next few months. In addition, the Helios cinema in the mall has extended its lease for another ten years and will undergo extensive renovation work over the next few weeks.

Hanner buys historic Bucharest building

schedule 01 August 2016
Anna Pakulniewicz

ROMANIA Lithuanian developer Hanner has purchased a developed plot in the capital of Romania.

Kraków putting other office markets in the shade

schedule 29 July 2016
Rafał Ostrowski
journalist

POLAND With the lowest vacancy (6 pct), largest volume (832,900 sqm), strongest leasing activity in H1 (110,000 sqm) and the strongest new supply (66,500 sqm), Kraków presents itself as the most robust regional office market (major cities excluding Warsaw) – according to data published by Polish Office Research Forum (PORF).

Office & mixed-use development

Office building from hoteliers

schedule 29 July 2016
Anna Pakulniewicz

POLAND Satoria Group has renovated and is now leasing out the C13 office building, located at ul. Ciołka 13 in Warsaw’s Wola district.

J.W. increases sales

schedule 29 July 2016
Anna Pakulniewicz

POLAND J.W. Construction Holding concluded 390 home purchase agreements in Q2 2016.

Investment & finance

Accor attains its goals

schedule 29 July 2016
Tomasz Szpyt-Grzegórski

THE WORLD AccorHotels group has finalised the acquisition of FRHI Hotels & Resorts and three brands of luxury hotels owned by the company, Fairmont, Raffles and Swissôtel, in a transaction Eurobuild has previously published information on, in December 2015.

CBRE enjoys 34 pct revenue boost

schedule 29 July 2016
Eurobuild CEE

WORLD CBRE Group recorded a 34 pct revenue increase (35 pct in local currency) to USD 3.2 bln in Q2 2016.

Hotels

Gwiazda Morza starts to shine

schedule 29 July 2016
Anna Pakulniewicz

POLAND Gwiazda Morza has started the construction of the final stage of the Gwiazda Morza Resort in Władysławowo.

Hotels

Marina Otwock designs unveiled

schedule 29 July 2016
Anna Pakulniewicz

POLAND Plans have been revealed for the development of the Marina Otwock hotel and recreational complex in Otwock, south-east of Warsaw.

Residential

Vantage begins Promenady Wrocławskie III

schedule 29 July 2016
Anna Pakulniewicz

POLAND Vantage Development has added 195 apartments (ranging from 29 to 92 sqm) to those it has available for purchase, in the fifth phase of the developer’s Promenady Wrocławskie estate in Wrocław, which is to be completed in Q4 2017.

Construction

Third phase of Kolska

schedule 29 July 2016
Tomasz Szpyt-Grzegórski

POLAND Matexi has started the construction of the third phase of the Kolska od Nowa residential estate in Warsaw’s Wola district.

Property and Facility Management

Warsaw publishes re-privatisation white paper

schedule 29 July 2016
Tomasz Szpyt-Grzegórski

POLAND Warsaw city council has published a white paper on resolving issues related to the post-war ‘Bierut decree’ nationalising land in the city.

Construction

Universal demolition begins

schedule 29 July 2016
Tomasz Szpyt-Grzegórski

POLAND The demolition process for the Universal office building in central Warsaw has started to make way for a new skyscraper.

Property and Facility Management

Union Investment entrusts two buildings to JLL

schedule 29 July 2016
Rafał Ostrowski
journalist

POLAND Union Investment has selected JLL to be the property manager of Zebra Tower and the Lipiński Passage office buildings in Warsaw.

Retail & leisure

Café next to Hungarian parliament

schedule 28 July 2016
Rafał Ostrowski
journalist

HUNGARY Szamos Marcipán has opened a three-storey retail café opposite the Parliament Building on Kossuth tér in Budapest.

Warehouse & industrial

More pallets in Panattoni warehouses

schedule 28 July 2016
Rafał Ostrowski
journalist

POLAND La Palette Rogue, a company specialising in pallet pooling and leasing services for the FMCG sector, has leased a total of 6,300 sqm in Panattoni Park Grodzisk Mazowiecki and Panattoni Park Sosnowiec II.

Losses for Immofinanz

schedule 28 July 2016
Nathan North
managing editor (English section)

CE REGION Immofinanz recorded net loss of EUR 390.4 mln for the 2015/16 financial year (2014/15: a loss of EUR 376.6 mln).

Investment & finance

Baltic Horizon adds Riga offices to portfolio

schedule 28 July 2016
Nathan North
managing editor (English section)

LATVIA Baltic Horizon has signed a binding agreement to acquire the Upmala Biroji office building from Bauplan Nord in Riga.

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