News

UK/SLOVAKIA HB Reavis is selling its 33 Central development close to the Thames embankment in London to Wells Fargo, the third largest bank in the U.S. in terms of assets.

Metropolitan relocation for French lawyers

Rafał Ostrowski
journalist

POLAND French law firm Gide Loyrette Nouel has relocated its office within the Metropolitan office building in Warsaw.

Brexit to push demand for prime elsewhere and to Poland – C&W

EUROPE The UK referendum vote will lead to increased demand fro prime assets elsewhere in Europe, according to Cushman & Wakefield.

Warsaw office completions break record

Rafał Ostrowski
journalist

POLAND Sixteen office buildings with the total of over 350,000 sqm of office space were completed in Warsaw in the first half of the year, according to the Polish Office Research Forum (PORF).

Investment & finance

BBI sells 72 apartments in Złota 44

POLAND BBI Development has revealed that on July 5th the Złota 44 company concluded a preliminary contract for the sale of 72 luxury apartments in the project at ul. Złota 44 in Warsaw with a subsidiary of German real estate fund Catella Wohnen Europa.

Semeko obtains development loan

POLAND Semeko Grupa Inwestycyjna has obtained a loan of PLN 18 mln from Alior Bank.

Warehouse & industrial

Italian packaging from Stryków

POLAND Cartotecnica Goldprint, an Italian manufacturer of luxury packaging for cosmetics and perfumes, is entering the Polish market and starting its operations in the country from Segro Logistics Park Stryków.

Construction

Small office project at Metro Wilanowska

POLAND Budner has been commissioned by Reform Company 3, part of the group that owns the Blue City shopping and office centre, to build an office and services project in near Metro Wilanowska in Warsaw’s Mokotów district.

Archicom sells 57 pct more

Rafał Ostrowski
journalist

POLAND Wrocław-based residential developer Archicom enjoyed a 57 pct y-o-y growth in sales in H1 2016, selling 438 apartments.

Residential

Echo sees 50 pct growth in home sales

POLAND Echo Investment sold 306 apartments in H1 2016 – 50 pct more compared to H1 2015, when 204 apartments were sold.

PHN engaged to KGHM

POLAND Polski Holding Nieruchomości (PHN) and KGHM TFI have signed a letter of intent for possible cooperation on the development of an office building in the centre of Wrocław.

Retail & leisure

Multikino in Nowa Stacja

POLAND A multiplex cinema is to be open in the Nowa Stacja shopping centre in Pruszków outside Warsaw.

MBank finance for Quick Park Mysłowice

POLAND MBank Hipoteczny has approved a loan of PLN 18 mln for the construction of the Quick Park shopping centre in Mysłowice, which is being developed by Real2B.

Ups and downs for Czech volumes

CZECH REPUBLIC IN Q2 2016, the total real estate investment volume in the Czech Republic came to EUR 490 mln, bringing the H1 total up to EUR 950 mln – but 26 pct down on the same period last year, according to JLL.

Romanian investment up by 80 pct

ROMANIA Real estate investment volumes in Romania increased by 80 pct in H1 2016 with a total transacted of EUR 340 mln, according to JLL.

Lower sales for Ronson

POLAND Ronson Development sold a net amount of 156 apartments in Q2 this year and 362 apartments over the first six months – fewer than in both periods last year.

Atal heads for record and enters more cities

Eurobuild CEE

POLAND Atal concluded 1,183 contracts for the sale of apartments in the first six months of 2016 – 377 more than in the same period of 2015.

New faces in Supersam

POLAND The tenants of the Supersam department store in Katowice have been joined by Media Expert, a Wilamowice bakery and a Sonax car wash.

Relocating Emilia

POLAND Warsaw city council has signed a contract with a developer to move the Emilia pavilion near the Palace of Culture and Science in Warsaw.

Retail & leisure

More food space in Aura