News

Investment & finance

NEPI buys Forum Ústi nad Labem for EUR 82.6 mln

schedule 13 April 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC South African property investor New Europe Property Investments (NEPI) has bought the Forum Ústi nad Labem shopping centre in an EUR 82.6 mln transaction.

Warehouse & industrial

Goodman adds 12,000 sqm of spec space to KALC

schedule 13 April 2016
Nathan North
managing editor (English section)

POLAND Goodman Group has started the speculative construction of a 12,000 sqm warehouse at Goodman Kraków Airport Logistics Centre.

Residential

PHN and MLocum to build Yacht Park

schedule 13 April 2016
Aneta Cichla

POLAND Polski Holding Nieruchomości (PHN) is planning to build a luxury residential complex in Gdynia.

Retail & leisure

Underwear triumphant in Słupsk and Bucharest

schedule 13 April 2016
Katarzyna Suska

POLAND/ROMANIA Upside Property Management, the manager of Galeria Słupsk, has signed an extension to the lease of the Triumph brand.

Changes in KSSE management board

schedule 13 April 2016
Aneta Cichla

POLAND A general meeting of the shareholders of the Katowice Special Economic Zone (KSSE) has taken the decision to enlarge the company’s board.

Residential

3,000 apartments from Robyg in Bemowo

schedule 13 April 2016
Tomasz Szpyt-Grzegórski

POLAND The Robyg group has concluded the final contract for the purchase of a 3.5 ha plot in Warsaw’s Bemowo district for the development of app. 3,000 apartments in its Young City estate project.

Office & mixed-use development

500+ increases demand for offices

schedule 13 April 2016
Tomasz Szpyt-Grzegórski

POLAND The Poznań Benefits Centre [Poznańskie Centrum Świadczeń] has become the latest tenant of Centrum Biurowe Podwale in Poznań.

IMS in more European Orsay outlets

schedule 13 April 2016
Aneta Cichla

EUROPE The Orsay group has chosen IMS as the supplier of the audiomarketing service in the outlets of the chain across eleven European countries.

Retail & leisure

Vivo! adds to the entertainment

schedule 13 April 2016
Aneta Cichla

POLAND A Helios cinema is to start its first screenings of films in the Vivo! shopping centre in Stalowa Wola In the summer of 2017.

Retail & leisure

Fitness in Galeria Libero

schedule 12 April 2016
Aneta Cichla

POLAND A Fabryka Formy fitness club is to be opened in Galeria Libero, which Echo Investment is planning to develop in Katowice.

Architecture and urban planning

Chopin in the freezer

schedule 12 April 2016
Tomasz Szpyt-Grzegórski

POLAND Ghelamco has obtained a permit for the construction of the 160m Chopin Tower building, neighbouring the developer’s Warsaw Spire building, but it is not planning to launch the project for the moment.

Hotels

Last hurdle overcome for record acquisition

schedule 12 April 2016
Agata Kłapeć

WORLD The shareholders of Marriott and Starwood have consented to the merger of the two hotel groups in a vote. The transaction, which is currently evaluated at over USD 13 bln, will result in the creation of the largest hotel portfolio in the world.

Office & mixed-use development

GTC takes control over City Gate, renews large deal

schedule 12 April 2016
Tomasz Szpyt-Grzegórski

ROMANIA GTC has bought out a minority stake in its flagship City Gate office project in Bucharest. The development company has also signed a five-year 13,000 sqm lease renewal for office space in the complex.

No new shopping centres in Moscow

schedule 12 April 2016
Eurobuild CEE

RUSSIA For the first time since 2007, no new shopping centers were completed in Moscow in the first quarter of the year, according to JLL.

Hotels

Ritz-Carlton makes a splash in Central Europe

schedule 12 April 2016
Agata Kłapeć

HUNGARY Luxury hotel chain Ritz-Carlton has opened its first Hungarian and Central European hotel in a historic Budapest building owned by the UAE-based Al Habtoor Group.

Chinese car interiors go Bohemian

schedule 12 April 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC Yanfeng Automotive Interiors (YFAI) is to open a new manufacturing plant in Planá nad Lužnicí in southern Bohemia.

Technology

Ikea invests in VR solution

schedule 12 April 2016
Agata Kłapeć

WORLD As virtual reality becomes more significant and available for customers, Ikea is launching a pilot virtual reality app, the Ikea VR Experience, that helps to re-create a kitchen shopping and refurbishing experience. It is the first time that the Swedish furniture retailer, which has previously experimented with an augmented reality app, among others, introduces a VR solution to its customers.

ETC becomes Galeria Zaspa after revamp

schedule 12 April 2016
Nathan North
managing editor (English section)

POLAND Capital Park and Akron Group have completed the modernisation of ETC, one of the oldest shopping centres in Gdańsk.

Etalon enjoys best quarter ever

schedule 12 April 2016
Rafał Ostrowski
journalist

RUSSIA Residential developer Etalon Group has recorded a 156 pct y-o-y increase in the number of new contracts for the first quarter of 2016.

30 apartments on ul. Krypska

schedule 12 April 2016
Eurobuild CEE

POLAND SP Invest is starting another project near the Wiatraczna roundabout in Warsaw’s Praga Południe district.

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