News

Office & mixed-use development

Warsaw office supply hits record highs

POLAND The downtown of Warsaw remains very popular with office developers.

Architecture and urban planning

Vilnius hill brought to life by Libeskind

LITHUANIA The Vilnius Beacon sports centre on Laimis Hill in the city’s Liepkalnis district is to open in December 2017. Daniel Libeskind and his Libeskind Studio is responsible for the design of the complex, which is officially called the Vilnius Beacon Sports Centre for Winter and Summer Entertainment. The aim of the centre is to create a new tourist destination, to widen the range of tourist activities in Vilnius and to transform the city as a tourist destination and reference point in the Baltic region.

Profit boost for GTC

CEE/SEE REGION Globe Trade Centre says its growth strategy has translated into improved financial indicators.

Residential

Nova Królikarnia sales underway

Ronson will deliver the first phase of its latest Warsaw project in late 2017

Retail & leisure

Galeria Młociny attracts C&A

POLAND Dutch fashion retailer C&A has leased 1,600 sqm in the Galeria Młociny shopping centre in Warsaw’s Bielany dostrict.

Office & mixed-use development

DNB moves to Quadrum

LITHUANIA DNB Bank and its subsidiaries have relocated their head office to the Quadrum business centre.

Retail & leisure

Two revamped Aldo stores open for business

POLAND International footwear retailer Aldo continues to invest in Poland.

Investment & finance

Financing for Symetris Business Park

Echo Investment has secured a EUR 25 mln loan from BGŻ BNP Paribas.

Segro sells real estate to SELP

CZECH REPUBLIC/POLAND Segro transfers portfolio of big box warehouses and development land into SELP joint venture.

Warehouse & industrial

Jeremiášova 947 Business Park changes hands

CZECH REPUBLIC The Jeremiášova 947 business park in Prague Stodůlky has been sold by crane operating company Konstruktiva Lokus to an undisclosed private investor.

Office & mixed-use development

Two leases for Górskiego 9 in Warsaw

Another 660 sqm has been taken up at the Górskiego 9 boutique office building in the downtown of the Polish capital.

Post plans a new sorting centre

LITHUANIA The concept is being drawn up for a new logistics centre for the Lithuania Post (Lietuvos Paštas) in Vilnius.

Retail & leisure

Prešov mall to open in late 2017

The third largest city in Slovakia will get a new shopping centre.

Hotels

Two interesting Ibises opened in Budapest

HUNGARY Orbis has opened two Ibis hotels in Budapest. One will let you enter a world of games and feel like in your youth, the other - will make every fan of cycling adventures feel at home.

Hunger Development secures finance for Bydgoszcz office project

POLAND DanHouse, an SPV company established by Hunger Development of Bydgoszcz, has obtained a refinancing loan from Upper Finance Consulting for an office project.

Retail & leisure

More Komforts – in Karolinka and Plejada

POLAND Komfort has added 19 stores to the home improvement chain this year –own shops as well franchised ones.

GTC sorting out Tarchomin traffic

POLAND GTC, the developer of Galeria Północna in Białołęka, is starting the redevelopment of the existing traffic layout around the newly-built shopping centre.

Construction

Contractor for City Link third stage

POLAND Karmar has been chosen as the general contractor of the third stage of the City Link estate in Warsaw’s Wola district.

Reprivatisation act signed off

POLAND Polish president Andrzej Duda has signed the small reprivatisation act, which regulates issues related to properties confiscated under the post-war Bierut decree.

Investment & finance

Immofinanz refinances Nimbus in Warsaw