News

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.

Holmes Place opens gym in Ovo Wrocław

POLAND Holmes Place is to open a gym in the Ovo complex in Wrocław.

Saller the owner of Prima Park Białogard

POLAND The Prima Park retail park in Białogard has changed hands. Kleba Invest has sold the facility to the Saller group in a transaction worth almost PLN 16.9 mln gross.

TK Maxx in Promenada

POLAND TK Maxx has become the latest tenant of the Atrium Promenada shopping centre in Warsaw.

Szczecin power station re-energised

Anna Pakulniewicz

POLAND Storrady Park Offices, a complex of three buildings with office, retail and service space in Szczecin, has now been officially opened.

Residential

City Link part three

POLAND Ronson Development has announced that the construction of the third stage of the City Link residential estate in Warsaw is to start this summer.

Unibep to build Białystok warehouse

Katarzyna Suska

POLAND As the general contractor, Unibep is to construct a warehouse with production, office and staff facilities, including all the necessary infrastructure, on ul. Myśliwska in Białystok.

Investment & finance

Nova Praga changes hands and name

Ewa Andrzejewska

POLAND Mazovia Capital, which is run by executives of White Star Real Estate, has bought the Nova Praga office building in Warsaw’s Praga district.

Echo takeover redefines the records

POLAND Redefine Properties has taken a 75 pct stake in Echo Prime Properties (EPP) – the company that controls all the commercial assets of Echo Investment. The remaining 25 pct will remain with Echo Investment.

Plaza Centers sells Belgrade project

25 May 2016

SERBIA Plaza Centers has sold a plot, formerly occupied by the former Federal Ministry of Internal Affairs (MUP), at the entrance to Belgrade’s old town for EUR 15.9 mln.

Hotels

Moscow Bulgari Hotel to open in three years

Rafał Ostrowski
journalist

RUSSIA The Bulgari Hotels and Resorts chain and Alexey Bogachev, the investor behind the project, have signed an agreement for the opening of the 65-room Bulgari Hotel, 300m from Moscow’s Red Square.

Principio in Kraków ready to start

Ewa Andrzejewska

POLAND Eko Park has started the construction of the Principio office building in Kraków, which has been designed by Artur Jasiński i Wspólnicy.

Prologis prolongs Dąbrowa leases

15 May 2016

POLAND Prologis has extended two leasing agreements for 29,000 square metres at Prologis Park Dąbrowa.

New retail supply to halve

POLAND “In first three months of 2016, only 30,000 sqm of retail space was delivered to the Polish market. At the end of Q1 2016, over 600,000 sqm of new retail space was under construction, 60 pct of which is scheduled to come online between April and December 2016. This means that annual supply will decrease by half in comparison to 2015,” says Colliers International, in its Q1 2016 Polish retail market report.

Accenture moves into Grzybowska Park

POLAND Accenture Services has leased app. 2,600 sqm in the Grzybowska Park office building in Warsaw.

Jysk leases space in Retail Park Varna

BULGARIA Danish household goods retailer Jysk has leased 1,125 sqm in Retail Park Varna.

Lanĉerto signs three Echo contracts

Katarzyna Suska

POLAND Menswear retailer has signed a renewal and two new contracts for space in two Echo Investment shopping centres.

Investment & finance

Intel seals Allcon Park purchase

Nathan North
managing editor (English section)

POLAND Global IT giant Intel has finalised its acquisition of Allcon@Park in Gdańsk. Intel Technology Poland now owns its five-building headquarters in Poland – a total area of 24,000 sqm together with land for the possible expansion of the complex.

PHN arm in arm with Waryński

POLAND Polski Holding Nieruchomości (PHN) and Waryński Grupa Holdingowa have signed a letter of intent over the possibility of cooperating on the real estate market.

CBD One to begin in the autumn