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Investment & finance

GTC sees healthy Q1 growth

schedule 18 May 2015
Agata Kłapeć

CEE REGION In the first quarter 2015, GTC’s net profit increased to EUR 8 mln, from a net loss of EUR 2 mln registered in Q1 2014, as the company disposed of three Polish and Romanian assets.

Human resources

Real estate and construction run Ekiden race

schedule 15 May 2015
Ewa Andrzejewska

POLAND The eleventh Ekiden marathon relay race organised by the Maraton Warszawski foundation has taken place in Warsaw’s Szczęśliwicki Park. Attended by a total of 770 teams, including real estate and construction sector representatives, the relay was designed for groups of six participants.

Warehouse & industrial

Wheels rolls into P3 Plzeň

schedule 18 May 2015
Nathan North
deputy editor

CZECH REPUBLIC Wheels Logistics has leased almost 8,800 sqm of new warehouse and office space at the P3 Plzeň.

LPP suffers losses on currencies, renegotiates rentals

schedule 15 May 2015
Eurobuild CEE

POLAND In Q1 2015, the LPP fashion retail group has seen its total sales increasing by 6 pct y-o-y, to PLN 1 bln. At the same time LPP generated a PLN 23.7-mln operational profit, a significant drop from PLN 48.4 mln last year, while the group’s revenues from comparable stores fell by 0.7 pct, excluding changes in local currency rates.

Office & mixed-use development

Poznań's Business Garden gets new tenant

schedule 15 May 2015
Eurobuild CEE

POLAND Vastint has leased out app. 1,200 sqm of office space in its Business Garden Poznań office complex to a SAP solutions provider, Itelligence.

Retail & leisure

Nørdika to open in September

schedule 15 May 2015
Anna Pakulniewicz

LITHUANIA The first stage of the Nørdika Shopping Valley retail park in Vilnius is set to open on 24rh September.

Retail & leisure

Bydgoszcz’s Carrefour to be renovated

schedule 15 May 2015
Aneta Cichla

POLAND Modernization work has started on the Carrefour hypermarket in the Galeria Pomorska shopping centre which is currently being extended in Bydgoszcz.

Investment & finance

Małpka lands in Forteam portfolio

schedule 15 May 2015
Aneta Cichla

POLAND The sales of Małpka, the operator of the Małpka Express food store chain, has now been completed. Its new owner is Forteam Investments.

Construction

Warsaw's Ogrody Ochota II topped off

schedule 15 May 2015
Tomasz Szpyt-Grzegórski

POLAND Dolcan has topped off the Ogrody Ochota II residential estate that it develops in Warsaw.

Construction

Another stage of Aquarium given green light

schedule 15 May 2015
Aneta Cichla

POLAND Ekonbud-Fadom, which develops the Aquarium residential estate in Zielona Góra, has acquired building permit for the construction of yet another stage of the project.

Construction

Totalbud works on Praga resi project

schedule 14 May 2015
Aneta Cichla

POLAND Totalbud is set to construct a residential building on ul. Kruszewskiego in Warsaw’s Praga Południe district.

Construction

Dom Development kicks off Studio Mokotów

schedule 14 May 2015
Aneta Cichla

POLAND Dom Development is starting yet another residential project, the Studio Mokotów residential estate, which is set to be built on ul. Garażowa in Warsaw.

Retail & leisure

BRW to open in Tarnów’s Echo

schedule 14 May 2015
Ewa Andrzejewska

POLAND Centrum Handlowe Echo located at ul. Błonie 2 in Tarnów is set to house a 1,191 sqm Black Red White furniture store. The opening of the new store is planned for July.

Retail & leisure

Warsaw’s Modo signs new tenants

schedule 14 May 2015
Aneta Cichla

POLAND Modo Dom Mody, an app. 16,000 sqm new shopping centre that is currently being developed by Devin Investments on ul. Łopuszańska in Warsaw, has signed new lease contracts.

Technology

Amazon and DHL test car trunk deliveries

schedule 14 May 2015
Agata Kłapeć

GERMANY DHL Parcel, Amazon and Audi are starting country-wide trials of their joint car trunk delivery system in Germany. The new service, which has been developed and tested by the companies for the past several months, aims to allow car owners to use their cars as mobile delivery addresses for parcel shipments.

Retail & leisure

M&S expands in Romania

schedule 14 May 2015
Agata Kłapeć

ROMANIA British clothing and food retailer Marks & Spencer has launched its sixth Romanian store in the Plaza Romania shopping centre in Bucharest.

Warehouse & industrial

Panattoni to build 22,000 sqm BTS

schedule 14 May 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Portuguese automotive supplier Simoldes Plasticos is planning to open its 22,000 sqm built-to-suit (BTS) industrial building within Panattoni Park Rychnov nad Kněžnou.

EUR 2.9 bln Romanian fund debuts on LSE

schedule 14 May 2015
Agata Kłapeć

ROMANIA/ UNITED KINGDOM Fondul Proprietatea, a EUR 2.9 bln Romanian closed-end fund managed and co-owned by Franklin Templeton Investments, has floated on the London Stock Exchange.

Retail & leisure

TK Maxx stays in Bydgoszcz’s Batory

schedule 14 May 2015
Aneta Cichla

POLAND TJX Poland, the company which develops the TK Maxx retail chain in Poland, has prolonged its sole lease agreement in Bydgoszcz.

Office & mixed-use development

DNB Bank Polska renews Warsaw lease

schedule 13 May 2015
Agata Kłapeć

POLAND DNB Bank Polska has renewed its 3,600 sqm lease agreement in the Marynarska Point 2 office building in Warsaw’s Służewiec district.

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