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Demand for Polish warehouses rises sharply

schedule 07 May 2015
Rafał Ostrowski
journalist

POLAND Warehouse take-up in the first quarter of 2015 amounted to app. than 600,000 sqm, which represents a 32 pct rise y-o-y, according to the latest report by Cushman & Wakefield.

Warehouse & industrial

Raben re-leases 40,000 sqm in Prologis parks

schedule 07 May 2015
Nathan North
deputy editor

POLAND Logistics service provider Raben Polska has renewed two leases totalling 40,000 sqm in Prologis parks in Chorzow and Blonie.

Investment & finance

Direkt Invest Polen dismisses Elbfonds management

schedule 07 May 2015
Rafał Ostrowski
journalist

POLAND Direkt Invest Polen Funds 2,3,5,7 have changed their fund management from Elbfonds Verwaltung to Hamburg-based manager Elbtreuhand Immobillien Fondsverwaltungsgesellschaft.

SEB pays out EUR 326 mln

schedule 07 May 2015
Nathan North
deputy editor

EUROPE The investors of SEB ImmoInvest are to receive a special payout of EUR 2.80 per unit certificate on May 8th.

Residential

Yareal starts work on Gocław estate

schedule 06 May 2015
Tomasz Szpyt-Grzegórski

POLAND The Unimax construction company has started work related to the construction of the first stage of the Kolorowy Gocław estate in Warsaw, which is Yareal’s largest residential project so far.

Investment & finance

REAListic prospect of conflict

schedule 06 May 2015
Tomasz Szpyt-Grzegórski

POLAND Auchan Poland has completed the halfway stage in its rebranding of the network of Real hypermarkets it has recently acquired from Metro. However, the process is not straightforward. It is possible that some stores might even be closed down, say representatives of the French company.

Retail & leisure

Media Markt stays in King Cross Marcelin in Poznań

schedule 06 May 2015
Aneta Cichla

POLAND Electrical goods retailer Media Markt has extended its lease of 7,200 sqm in the King Cross Marcelin shopping centre in Poznań.

Immofinanz to rebrand warehouse portfolio to LOG.IQ

schedule 06 May 2015
Rafał Ostrowski
journalist

EUROPE Immofinanz Group is to rebrand its 59 logistics centres in Europe as LOG.IQ.

Architecture and urban planning

Hotel in TV Tower

schedule 06 May 2015
Anna Pakulniewicz

LITHUANIA The Architects Association of Lithuania (LAS) and the owner of the Vilnius television tower have chosen the winners of the competition for the modernisation and renovation project of the building.

Office & mixed-use development

Business centre rises from bakery

schedule 06 May 2015
Anna Pakulniewicz

LITHUANIA Demolition and clearing work has started on the site of a former bakery plant in the Žvėrynas district of Vilnius to prepare it for the construction of a new business centre.

Warehouse & industrial

Polish deals dominate for Prologis in Q1

schedule 06 May 2015
Anna Pakulniewicz

CEE REGION Prologis leased app. 532,000 sqm of warehouse space in the CEE region in Q1 2015 – 77 pct more than in the same period of 2014.

Retail & leisure

Not just cosmetic changes

schedule 06 May 2015
Anna Pakulniewicz

What stage has your network of chemist shops now reached? Anna Wierzbicka, president of the board, Dayli: We are most developed in the southwest of the country. We are not present in the north and east of Poland.

Auchan to open another Lviv store

schedule 06 May 2015
Rafał Ostrowski
journalist

UKRAINE Auchan Ukraine is planning to open its second hypermarket in Lviv by the end of this year.

Investment & finance

BGK to rent out Gdańsk flats

schedule 06 May 2015
Aneta Cichla

POLAND Bank Gospodarstwa Krajowego (BGK), through BGK Nieruchomości, has purchased its second project for its Apartments for Rent Fund. The building is located on ul. Kilińskiego in Gdańsk Wrzeszcz and constitutes the second stage of the Browar Gdański project, which is being carried out by Przedsiębiorstwo Budowlane Górski.

Investment & finance

Warimpex has ambitious plans despite losses

schedule 06 May 2015
Tomasz Szpyt-Grzegórski

CEE REGION Warimpex registered losses of EUR 35.3 mln in 2014. However, the company is planning new projects.

Office & mixed-use development

Port Praski to spread its wings

schedule 06 May 2015
Tomasz Szpyt-Grzegórski

POLAND The Port Praski company has been given permission by the courts to build flood protection for its project in Praga on Warsaw’s eastern bank.

Interior design

JLL buys Neo-Świat to fit into Tétris

schedule 06 May 2015
Nathan North
deputy editor

POLAND JLL has acquired Polish company Neo-Świat to become part of its Tétris design and fit-out business.

Warehouse & industrial

Lindab fills up Karlovarská Business Park

schedule 06 May 2015
Nathan North
deputy editor

CZECH REPUBLIC Swedish simplified construction products company Lindab has leased 2,368 sqm in Karlovarská Business Park close to Václav Havel Airport Prague in Ruzyně (Prague-West), moving from smaller premises nearby.

Office & mixed-use development

Three land in Meteor

schedule 06 May 2015
Nathan North
deputy editor

CZECH REPUBLIC Three new tenants are to move into building ‘C’ of the Meteor Centre Office Park near the Křižíková metro station in Karlín (Prague 8) in June and July.

Kyiv malls postponed as vacancy rises

schedule 05 May 2015
Rafał Ostrowski
journalist

UKRAINE In the first quarter of the year, no modern shopping space was completed on the Kyiv market – and none of the projected new stock of 361,200 sqm in 2015 could now be opened this year, according to JLL’s latest Kyiv retail market report.

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