News

Office & mixed-use development

Mokotów office block to be beefed up

POLAND Revetas Capital, the owner of the Trinity One office building in Służewiec (the former Trinity Park I), is taking measures to strengthen the market position of the building.

Hotels

Sheraton takes over Zakopane Bristol

POLAND Starwood Hotels & Resorts Worldwide has reached an agreement with the owners of the Bristol hotel in Zakopane to re-open it as the Four Points by Sheraton Zakopane hotel. The opening is planned for Q1 2020.

Hotels

Mall or hotel for Zielona Góra plot

POLAND A building and a plot in Zielona Góra, owned by Euro-Center, which has entered liquidation, have been put up for sale.

Warehouse & industrial

Rittal takes more in Segro Stryków

POLAND Rittal has decided to stay in Segro Logistics Park Stryków and has also taken up more square metres in the warehousing park.

Architecture and urban planning

Getting to know the nominations!

Infrastructure

Old City Harbour ready in May 2017

ESTONIA Nordecon has been contracted by the Port of Tallinn [Tallina Sadam] for the construction of Logi Street and the northwest section of Tallinn’s Old City Harbour.

Investment & finance

Orco finally merged into CPI

CZECH REPUBLIC CPI Property Group has obtained merger clearance for the acquisition of Orco Property Group from the Czech Office for the Protection of Competition (ÚOHS).

Investment & finance

Dekada willing to buy

POLAND Aleksander Walczak, the president of Dekada, has announced plans for the acquisition of shopping centres in Poland.

Retail & leisure

Getting fit at Gemini Park Tychy

POLAND The Fabryka Formy fitness club chain has joined the list of tenants of the Gemini Park Tychy shopping centre in Silesia.

Improved Q2 for YIT

EUROPE Finnish developer and builder YIT Corporation generated revenue of EUR 463.7 mln (based on segment reporting) in Q2 2016, which marked an 11 pct increase on the same period of last year.

Autumn opening for Brno Marriott

CZECH REPUBLIC Commercial real estate developer and manager CTP is to hold the grand opening ceremony of the new Courtyard Marriott Hotel in Brno in the autumn.

Hotels

First Hilton for Lithuania

LITHUANIA Hilton Worldwide is to open a Hilton Garden Inn hotel in Vilnius.

Warehouse & industrial

Putka bakery opens

POLAND Jakon has completed a new bakery plant in Jawczyce near Ożarów Mazowiecki. The useable area of the facility exceeds 12,000 sqm while its height exceeds 11m.

Office & mixed-use development

Batory secures three new tenants

POLAND The Batory Office Building I in Warsaw, which is owned by a fund managed by Griffin Real Estate, has acquired new tenants: Kuźniewski Notebooki, Eppendorf and Office Bistro.

Kleba sells Olsztynek properties

POLAND KI Siedem, a subsidiary of Kleba Invest, has sold properties in Olsztynek for PLN 15 mln to an as yet undisclosed buyer.

Interior design

Manpower shows off new interiors

POLAND HR consultant ManpowerGroup relocated its Polish headquarters in Warsaw at the beginning of August.

Interior design

Empik gets innovative

POLAND Innovative and intuitive – these are the central ideas in the new concept of the interior design of Empik stores.

Investment & finance

REIT awareness to be promoted

POLAND A group of real estate market experts has set up the REIT Poland association.

LPP looks to eastern neighbours for custom

BELARUS The LPP fashion retail group has signed a franchise contract with a subsidiary of Rapa Torg Group of Belarus to open the first Reserved outlet in the country in Minsk in H1 2017.

Hotel Gromada still up for grabs

POLAND An auction for the Hotel Gromada Warszawa Lotnisko held on July 20th resulted in the failure to sell the property, ‘Eurobuild CEE’ has discovered.