News

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.

Murapol increases sales

schedule 26 July 2016
Anna Pakulniewicz

POLAND In H1 this year Murapol signed off on 1,294 contracts for the sales of apartments –20 pct more than in H1 2015 (1,081).

Retail & leisure

CityFit in Katowice

schedule 26 July 2016
Rafał Ostrowski
journalist

POLAND CityFit has opened its first gym in Katowice. The club is located at ul. Rynek 12 in the Zenit department store, where it occupies 1,900 sqm.

Hotels

PGU renovating, buying and selling hotels

schedule 26 July 2016
Anna Pakulniewicz

POLAND Polska Grupa Uzdrowisk is completing a facility in Połczyn-Zdrój, while planning future openings and renovations to expand its base of health resort facilities.

CEE investment volume set to top EUR 10 bln – JLL

schedule 25 July 2016
Eurobuild CEE

CEE REGION/POLAND According to JLL, the volume of real estate investment transactions concluded across Central and Eastern Europe (excluding Russia) in H1 2016 amounted to app. EUR 5.1 bln, with Poland accounting for EUR 2.07 bln of the total, followed by the Czech Republic (EUR 950 mln), Hungary (EUR 910 mln), Romania (EUR 340 mln) and Slovakia (EUR 310 mln). The remaining SEE markets registered EUR 540 mln in finalised deals.

Retail & leisure

Final Gigasport store sold

schedule 25 July 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC Čestlické trhy has purchased the last remaining building from the portfolio of the Gigasport chain in the Czech Republic.

Office & mixed-use development

Impaq leases in Wołoska 24

schedule 25 July 2016
Eurobuild CEE

POLAND Impaq, a consulting and IT services provider for finance and telecom companies, has leased around 1,160 sqm in the Wołoska 24 office building in Warsaw.

Office & mixed-use development

Ricoh stays in Ochota

schedule 25 July 2016
Eurobuild CEE

POLAND Digital office device producer Ricoh has renewed its 2,800 sqm lease in the Business Garden office park on ul. Żwirki i Wigury in Warsaw’s Ochota district.

Office & mixed-use development

Mistral retains Mellon

schedule 25 July 2016
Eurobuild CEE

POLAND Mellon, a specialist technological solutions and outsourcing services provider, has renewed its 660 sqm lease in the Mistral building, part of the VIG Business Park in Warsaw’s Włochy district.

Sofia retail shows stability

schedule 25 July 2016
Rafał Ostrowski
journalist

BULGARIA In the first half of the year, modern shopping centres in Sofia enjoyed stable development, with absorption levels of almost 15,000 sqm of leasable space, compared to 16,370 sqm in the second half of 2015, according to Colliers International.

Polnord stable and satisfied

schedule 25 July 2016
Tomasz Szpyt-Grzegórski

POLAND In the first half of the year Polnord sold 536 apartments compared to 523 in H1 last year.

Steve Madden opens in two malls

schedule 25 July 2016
Tomasz Szpyt-Grzegórski

POLAND Two stores of American fashion brand Steve Madden are to open by the end of 2016 in Warsaw shopping centres

Retail & leisure

Martes Sport chooses Quick Park Olkusz

schedule 25 July 2016
Eurobuild CEE

POLAND A 532 sqm Martes Sport store is to open in Quick Park in Olkusz.

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