PL

News

Russian investment volumes worst since 2005

schedule 15 January 2016
Rafał Ostrowski
journalist

RUSSIA In 2015 commercial real estate investment volumes in Russia amounted to USD 2.3 bln, a 38 pct decrease on 2014, according to JLL.

Investment & finance

Union Investment completes purchase of Wrocław project

schedule 15 January 2016
Agata Kłapeć

POLAND Union Investment has finalized the EUR 117 mln acquisition of Wrocław’s Dominikański two-building office complex from Skanska Property Poland 13 months after announcing the deal.

Office & mixed-use development

K29 fully leased

schedule 15 January 2016
Anna Pakulniewicz

LITHUANIA K29 business centre in Vilnius secured the last tenant.

Office & mixed-use development

Vilnius' New City Centre to be built soon

schedule 15 January 2016
Anna Pakulniewicz

LITHUANIA Real estate investment fund Lords LB Special Fund I will develop another office building in the Vilnius city centre.

Warehouse & industrial

Russian company bets on Klaipėda

schedule 15 January 2016
Anna Pakulniewicz

LITHUANIA/RUSSIA Russian company Ani Plast will develop a 6,560 sqm factory in Klaipėda.

Blackstone invests in Latvia

schedule 15 January 2016
Anna Pakulniewicz

LATVIA Blackstone Real Estate Partners Europe IV has entered into an agreement with ten funds managed by the Norwegian Obligo Investment Management.

Retail & leisure

Textilmarket expands Romanian presence

schedule 15 January 2016
Tomasz Szpyt-Grzegórski

ROMANIA Three new TXM Textilmarket discount stores have opened in Romania in December.

Architecture and urban planning

Zodiak to start in 2016

schedule 15 January 2016
Tomasz Szpyt-Grzegórski

POLAND Pawilon Architektury Zodiak in Warsaw has obtained a building permit, the Warsaw office of the Polish Union of Architects (SARP) has informed.

Interior design

Railway design

schedule 15 January 2016
Anna Pakulniewicz

POLAND Xplan has started the interior design and construction work on new offices for Freightliner.

West End still the priciest

schedule 14 January 2016
Rafał Ostrowski
journalist

WORLD London's West End has retained its position as the most expensive office market in the world, according to the latest Global Prime Office Occupancy Costs report by CBRE.

Hotels

Dedeman leaves Russia due to sanctions

schedule 14 January 2016
Rafał Ostrowski
journalist

RUSSIA Turkish hotel operator Dedeman Hotels & Resorts International has ceased its operations in Russia, according to Russian internet portal Buying Business Travel.

Office & mixed-use development

Wrocław project signs new tenants

schedule 14 January 2016
Rafał Ostrowski
journalist

POLAND Vantage Development has signed four lease agreements for space in its Promenady Business Park complex in Wrocław.

Investment & finance

Immobel sells Poznań’s Okrąglak

schedule 14 January 2016
Agata Kłapeć

POLAND Brussels-listed Immobel has sold the iconic Okrąglak office project in central Poznań to the London-based private equity fund manager Benson Elliot.

Office & mixed-use development

Another Warsaw skyscraper underway

schedule 14 January 2016
Tomasz Szpyt-Grzegórski

POLAND Ghelamco has started the preparation work before the start of the construction work on the Sienna Towers complex in Warsaw’s Wola district.

Quick Park to open in Kępno

schedule 14 January 2016
Tomasz Szpyt-Grzegórski

POLAND Real2B is working on the construction of a Quick Park-branded retail park along the No. 11 national road in Kępno in the Greater Poland province.

Investment & finance

Goodyear’s Tarnów centre refinanced

schedule 30 December 2015
Aneta Cichla

POLAND MS-B, the investor of the logistic centre for Goodyear which is being developed in Tarnów, has got refinancing for its Pekao loan as well as financing for the project’s next stage.

Residential

Dom Development launches new project

schedule 14 January 2016
Tomasz Szpyt-Grzegórski

POLAND Warsaw-based developer Dom Development has started the construction and sale of the Apartamenty Mokotów nad Skarpą apartments.

New board members at FBSerwis

schedule 14 January 2016
Eurobuild CEE

POLAND Comprehensive infrastructure services provider FBSerwis has announced the appointment of four new board members.

Budimex close to seal PLN 275 mln deal

schedule 14 January 2016
Tomasz Szpyt-Grzegórski

POLAND An offer made by Budimex and Ferrovial Agroman was considered the most advantageous in a public tender to redevelop a Toruń hospital.

LPP sees 20 pct spike

schedule 14 January 2016
Aneta Cichla

POLAND In December 2015, LPP, the Polish fashion retailer which owns the Reserved, Cropp, House, Mohito and Sinsay chains, reported a 19 pct y-o-y growth in sales revenue.

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