News

Orbis enjoys revenue growth

schedule 06 May 2016
Rafał Ostrowski
journalist

CEE REGION Hotel chain Orbis Group generated EUR 56.8 mln in revenue in the first quarter of the year, which signifies a 7.9 pct increase compared to the same period last year.

Retail & leisure

Quiosque focuses on franchising

schedule 06 May 2016
Aneta Cichla

POLAND Last year the Quiosque chain clothes stores was extended by 19 outlets. The company currently has 120 stores that mostly operate on the franchise basis.

Mostostal Warszawa to build council flats in Kraków

schedule 06 May 2016
Katarzyna Suska

POLAND A consortium of Mostostal Warszawa and Acciona Infraestructuras is to build multi-family buildings including council flats on ul. Zalesie and ul. J.K. Przyzby for Kraków city council.

Residential

Third stage of Atal Marina Apartamenty

schedule 06 May 2016
Katarzyna Suska

POLAND The third stage of the Atal Marina Apartamenty estate, which will consist of three six- to seven-storey buildings including a total of 254 apartments, is to be built adjacent to the second stage of the project on ul. Krzyżówki in Warsaw’s Białołęka district.

Investment & finance

Penta earning and investing more

schedule 06 May 2016
Eurobuild CEE

CEE REGION Slovakian property group Penta Investments group generated a net profit of EUR 200 mln in financial year 2015, which was EUR 130 mln more than the year before.

Retail & leisure

Nowa Stacja to feature RTV Euro AGD

schedule 06 May 2016
Katarzyna Suska

POLAND RTV Euro AGD is to open a store of almost 750 sqm in Nowa Stacja, which is to be developed in Pruszków.

Residential

Launch of Alpha Park stage 2

schedule 06 May 2016
Katarzyna Suska

POLAND Work on the second stage of the Alpha Park estate is starting in Warsaw’s Ursus district. In the first stage Red Real Estate Development built 540 apartments.

Office & mixed-use development

IT chooses Spektrum Tower

schedule 05 May 2016

POLAND The Polish subsidiary of Finnish group YIT is to relocate its regional head office.

Friendly interiors for Comarch

schedule 05 May 2016
Anna Pakulniewicz

POLAND Advertis has designed and prepared friendly office space for the Comarch group in the Beta building at Eurocentrum Office Complex on Al. Jerozolimskie in Warsaw.

Warehouse & industrial

Mercedes to build EUR 500 mln plant

schedule 05 May 2016
Katarzyna Suska

POLAND Daimler AG is planning to open an engine factory in Poland – the first production facility for Mercedes-Benz vehicles in the country.

Retail & leisure

Galeria Młociny to open in H2 2018

schedule 05 May 2016
Rafał Ostrowski
journalist

POLAND The opening of the Galeria Młociny shopping centre in Warsaw has been scheduled for the second half of 2018.

Investment & finance

Loan granted for Apartamenty Zdrowie

schedule 05 May 2016
Ewa Andrzejewska

POLAND The Apartamenty Zdrowie company has obtained a PLN 33 mln loan from Raiffeisen Polbank for a project on ul. Srebrzyńska in the Polesie district of Łódź.

Office & mixed-use development

Aviators go to Ülemiste City

schedule 05 May 2016
Anna Pakulniewicz

ESTONIA Technopolis Ülemiste and the Estonian Civil Aviation Administration (CAA) have signed an agreement under which CAA has leased app. 700 sqm in the new Bernhard Schmidt office building in Ülemiste City.

Construction

Part of Kaunas’ Old Town sold

schedule 05 May 2016
Anna Pakulniewicz

LITHUANIA Buildings in the Old Town of Kaunas owned by Teo Group and in which the Communications History Museum is situated have been sold to Reksus, a company specialising in real estate rentals in Kaunas.

Investment & finance

Exeter Property Group buys Polish portfolio

schedule 05 May 2016
Nathan North
managing editor

POLAND In Q1 Exeter Property Group acquired a portfolio of five logistics properties across Poland.

Investment & finance

Green light for Echo Prime Properties

schedule 05 May 2016
Tomasz Szpyt-Grzegórski

EUROPE The European Commission has agreed to the establishment of Echo Prime Properties (EPP) – a joint venture between Griffin and Redefine, to which 75 pct of the assets of Echo Investment will be transferred.

Interior design

Reindeer moss in the clinic

schedule 05 May 2016
Katarzyna Suska

POLAND Enel-med has opened its latest medical centre in Mokotów Plaza, its ninth clinic in Warsaw.

Office & mixed-use development

Colliers stays for Okrąglak

schedule 05 May 2016
Rafał Ostrowski
journalist

POLAND Colliers International has been reselected as the manager of two office buildings in Poznań – Okrąglak and Kwadraciak.

Retail & leisure

Children's kingdom in Galeria Sfera

schedule 05 May 2016
Katarzyna Suska

POLAND A Leopark children's play zone has opened in Galerii Sfera in Bielsko-Biała. The 900 sqm Leopark was opened on May 2nd.

Office & mixed-use development

Moving into Kró.lew.ska office building

schedule 05 May 2016
Ewa Andrzejewska

POLAND The Kró.lew.ska office building at ul. Królewska 18 in the centre of Warsaw has been completed. Almost 50 pct of the building has been leased so far.

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