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.
Investment & finance
POLAND Aventicum Capital Management – a JV established by the Credit Suisse bank and the Qatar Holding investment fund – has bought two SPV companies involved in building residential estates in Warsaw.
Office & mixed-use development
POLAND Echo Investment has started preparations to resume the construction of an office project at al. Piłsudskiego 86 in Łódź.
Residential
POLAND Isomeg has become the third developer to begin projects within the Siewierz Jeziorna sustainable residential district outside Katowice. The company has purchased four construction plots on the site from Chmielowskie – a subsidiary of Alta.
Warehouse & industrial
SLOVAKIA Prologis has today announced that it has begun the development of two speculative buildings totalling 22,300 sqm in Prologis Park Bratislava.
RUSSIA The occupancy of guest rooms in ski resorts in the Sochi region (Krasnaya Polyana) in Q1 this year reached 61 pct, compared to only 47 pct last year, according to a report by STR Global.
Warehouse & industrial
POLAND French logistics company FM Logistic has signed a lease for 37,000 sqm in P3 Piotrków Park in Piotrków Trybunalski, southeast of Łódź in central Poland.
Retail & leisure
POLAND Google has leased 1,600 sqm in the refurbished Kordegarda (guardhouse) building in the Praga Koneser Center mixed-use project in Warsaw’s Praga district.
RUSSIA In the first quarter of this year St Petersburg hotels managed to increase their revenue per available room by 16 pct y-o-y, according to a report by JLL.
WORLD CBRE has recorded USD 2.1 bln in revenue for the first quarter of this year, which signifies a 10 pct increase (15 pct in local currency) from USD 1.9 bln in the corresponding quarter last year.
Property and Facility Management
POLAND JLL has been selected as property manager of the Karolkowa Business Park office building in Warsaw.
POLAND NewCold has selected Hochtief Polska to construct its distribution centre in the subzone of the Łódź Special Economic Zone in Kutno.
Warehouse & industrial
POLAND Distributor and importer of automotive parts DF Express has relocated its warehouse to Segro Business Park Warsaw in Warsaw’s Żerań district.
Construction
POLAND CFE Polska has been selected as the general contractor of the first phase of the Atrium Promenada extension.
Investment & finance
POLAND Union Investment has bought the Focus Park shopping centre in Rybnik from Aviva Investors for an undisclosed sum.
POLAND With 585,000 sqm leased, the first quarter of this year was the busiest one ever in terms of occupier demand, according to the latest report by JLL.
Hotels
EUROPE B&B hotel group has increased its turnover to EUR 320 mln in 2014, which signifies a 12 pct increase y-o-y.
Retail & leisure
POLAND Galeria Sudecka, formerly the Echo shopping centre, which had been operating in Jelenia Góra for 13 years, has now re-opened after refurbishment and extension work.
Retail & leisure
POLAND The Neptun shopping centre in Starogard Gdański, a 50,000 inhabitants city in Northern Poland has been opened.
POLAND Chemical and pharmaceutical giant Bayer has expanded its lease in the Olivia Tower business centre in Gdańsk. The company’s accounting services centre for the CEE, SEE regions andScandinavia will occupy another 1,000 sqm in July thus increasing its current space to 3,300 sqm.
Government educational programmes on the TV are always keen to inform us that Poles are jealous of the whole world, but at the same time, each nation without exception holds a deep ...
Small talkSwedish real estate investor Eastnine has until now mainly been active in the Baltic states. As it takes the plunge into the Polish market with its first acquisitions, we asked the ...
Stock market reportThe Warsaw Stock Exchange has been performing poorly recently in comparison to other trading floors across Europe, even though the economy has been surprisingly resilient and the e ...
The Iulius group and Netherlands-based Atterbury Europe are to invest EUR 0.5 bln in a large-scale, mixed-use urban redevelopment project on the 14 ha ...
Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
It really was 'a hard day’s night'! We’ve had to wait for this moment much longer than usual, but it has definitely been worth it. It is now possible ...
Did you know that Telegram is now the world's most popular internet messenger? Well, our channel is already on it!
A special series of podcasts straight from Cannes! The latest comment, opinions and forecasts! Every morning, exclusively at www.eurobuildcee.com!
After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Romanian developer Globalworth has been granted an EUR 85 mln loan from the International Finance Corporation, which is a member of the World Bank Gro ...
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in s ...
Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Tétris has completed the fit-out work on Echo Investment’s new head office in Browary Warszawskie (the Warsaw Brewery).
Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund f ...
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 ...
SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its l ...
Leventer Medical Group has signed a 25-year lease agreement for 6,500 sqm in the Myhive Victoria Park office building in Bucharest.
Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company ha ...
The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in ...
Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.
Reserved, Mohito, Cropp, House, Sinsay, CCC, Half Price, Eobuwie and Modivo are the latest brands to be secured for Galeria Bawełnianka in Bełchatów i ...
Vantage Data Centers has announced the opening of two hyperscale data campuses – in Warsaw and Berlin.
SPM Poland, a subsidiary of Italian logistics conglomerate BCube, has leased more than 15,000 sqm in MLP Wrocław.
