News

Investment & finance

Redan founder plans de-listing

schedule 08 June 2016
Aneta Cichla

POLAND Radosław Wiśniewski, the founder and main shareholder of clothing retail group Redan, together with his family and companies affiliated with them, have called for subscriptions for the sale of the company’s shares held by all other shareholders at a price of PLN 2.07.

Brochocki leases 6,000 sqm in Q1

schedule 08 June 2016
Eurobuild CEE

POLAND Brochocki offered consultancy services for the leasing of 6,000 sqm of office space in Warsaw in Q1.

Office & mixed-use development

Karmar moves to Grójecka

schedule 08 June 2016
Tomasz Szpyt-Grzegórski

POLAND Karmar is to move its Warsaw HQ from the Catalina office building to the Grójecka Offices building.

Construction

Construction of Nordic Mokotów begins

schedule 08 June 2016
Ewa Andrzejewska

POLAND YIT has officially started the construction of the Nordic Mokotów residential project at al. gen. W. Sikorskiego 9 and ul. Pory in Warsaw.

Events

Winners of Warsaw Insta Festival

schedule 08 June 2016

POLAND This year’s Warsaw Insta Festival took place on the 35th floor of Warsaw Trade Tower and an exhibition of the winning entries was held.

Hotels

Firmus Group hires advisor for Dune City

schedule 08 June 2016
Katarzyna Suska

POLAND Firmus Group has signed a contract with the Hotel Professionals consulting company, which is to help it carry out the Dune City project.

Retail & leisure

Galeria Sandomierz into Focus

schedule 07 June 2016
Rafał Ostrowski
journalist

POLAND Real estate investment fund Focus Estate Fund has acquired the Galeria Sandomierz shopping centre in Sandomierz, south-eastern Poland.

PST to reconstruct Wróblewski Library

schedule 07 June 2016
Anna Pakulniewicz

LITHUANIA Panevėžio Statybos Trestas has been awarded a contract with the public enterprise Lietuvos Paminklai for the reconstruction of the Wróblewski Library and bookshop of the Lithuanian Academy of Sciences in Vilnius.

Investment & finance

PST sells Vilnius office project

schedule 07 June 2016
Anna Pakulniewicz

LITHUANIA PST Investicijos, a subsidiary of Panevėžio Statybos Trestas, has sold 100 pct of itsthe ordinary registered shares of its SPV company Verkių Projektas.

Retail & leisure

H&M opens biggest store in Váci 1

schedule 07 June 2016
Nathan North
managing editor (English section)

HUNGARY Swedish clothing chain has opened its largest European store in the Váci 1 building in central Budapest.

Hotels

C&W takes on Mercure Sepia sale

schedule 07 June 2016
Nathan North
managing editor (English section)

POLAND Cushman & Wakefield Hospitality has been appointed by Cube to sell the four-star Mercure Sepia Hotel in Bydgoszcz.

Construction

Mostostal Warszawa starts Galaxy formation

schedule 07 June 2016
Ewa Andrzejewska

POLAND Mostostal Warszawa’s western branch has been awarded a PLN 28.9 mln by Echo Investment to construct the shell of the extension of the Galaxy shopping centre on al. Wyzwolenia in Szczecin.

Warehouse & industrial

Bosch to invest in Goleniów

schedule 07 June 2016
Anna Pakulniewicz

POLAND The Abrasives company of the Swiss town of Frauenfeld and part of the Bosch group, is planning to acquire the premises of BTS in Goleniów Industrial Park.

Investment & finance

Financing for Amazon warehouses purchase in place

schedule 07 June 2016
Tomasz Szpyt-Grzegórski

POLAND/GERMANY/KOREA Pbb Deutsche Pfandbriefbank has financed the acquisition of two Amazon warehouses in Poland by GLL Real Estate Partners.

Warehouse & industrial

Speeding up expansion

schedule 06 June 2016
Rafał Ostrowski
journalist

The development of four new parks in Poland, projects in Germany and perhaps also in Romania, as well as new speculative facilities – this is what MLP Group is planning for the next year

Office & mixed-use development

Energy and media firms move to Wołoska

schedule 06 June 2016
Rafał Ostrowski
journalist

POLAND Energy company Energia dla Firm and media agency MediaCom Warszawa have become the latest tenants of the Wołoska 24 office building, which has been developed by Ghelamco Poland in Warsaw.

Office & mixed-use development

Warbud to build offices between Marriott and Hilton

schedule 06 June 2016
Tomasz Szpyt-Grzegórski

POLAND Warbud has been chosen to be the contractor of the Park Avenue office building, which is to be built at ul. Wspólna 70, near the Marriott hotel and next to the Hampton by Hilton hotel in Warsaw.

Infrastructure

EU funds for major Warsaw traffic route

schedule 06 June 2016
Rafał Ostrowski
journalist

POLAND Warsaw is to receive PLN 167 mln in EU funds for the modernisation of a 4.8 km section of the ul. Marsa and ul. Żołnierska traffic route, which goes through the Praga Południe, Wawer and Rembertów districts.

Retail & leisure

Media Markt aiming to strengthen its grip

schedule 06 June 2016
Eurobuild CEE

POLAND New openings, the modernisations of existing outlets and investment in omnichannel sales is latest the strategy adopted by the Media Markt chain aimed at strengthening the company’s position in Poland.

Reshuffling at Muszkieterów group

schedule 06 June 2016
Eurobuild CEE

POLAND Jérôme Laxalt and Jacques Schubert have replaced Patrick Renault as the president of Grupa Muszkieterów in Poland, the board of the Muszkieterowie company and ITM Enterprises have revealed.

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