News

Office & mixed-use development

Alchemia lures new tenant

schedule 07 March 2016

POLAND Financial services company Provident Poland has opened a new regional office in the Alchemia office complex, which is being developed by Torus in Gdańsk.

Bulgaria's first Intercontinental hotel underway

schedule 07 March 2016
Eurobuild CEE

BULGARIA Intercontinental Hotels Group (IHG) will open its first Intercontinental-branded Bulgarian hotel property.

Hotels

More Hilton Garden Inn sites to open in CEE

schedule 07 March 2016

ROMANIA US-based hotel group Hilton Worldwide has reached a franchise agreement with SC Apex Alliance 1 to open the Hilton Garden Inn Bucharest Old Town hotel in 2017. This will be the first Hilton Garden Inn-branded property in the country.

City Service delisted but listed elsewhere

schedule 07 March 2016
Anna Pakulniewicz

LITHUANIA/POLAND City Service, a company which manages apartment buildings in several countries across the region, has opted to be delisted from trading on the Nasdaq Vilnius exchange.

Office & mixed-use development

Occupancy permit for Echo project in Kraków

schedule 07 March 2016
Anna Pakulniewicz

POLAND The first stage of Opolska Business Park, an office complex which is being developed by Echo Investment in the northern part of Kraków, has been granted an occupancy permit.

Warehouse & industrial

Poland the key market for Goodman in CEE

schedule 07 March 2016
Anna Pakulniewicz

CEE REGION After the first half of its 2016 financial year, Goodman’s portfolio increased to 944,000 sqm of logistics space – an increase of 35 pct on the previous year.

Warehouse & industrial

CTP invests in worker accommodation

schedule 07 March 2016
Eurobuild CEE

CZECH REPUBLIC Warehousing developer CTP has completed the first phase of its new plan aimed at improving on-site services and providing residential facilities for employees working within the company’s biggest parks across the region.

Warehouse & industrial

Lidl leases 30,000 sqm in CTPark Plzeň

schedule 07 March 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC A 30,000 sqm hall is to be built for Lidl in CTPark Plzeň.

Investment & finance

Yandex buys its Moscow headquarters

schedule 07 March 2016
Rafał Ostrowski
journalist

RUSSIA Internet search provider Yandex has bought seven out of eleven buildings of the Krasnaya Roza office complex in Moscow from development company Krasnaya Roza 1875 (owned by KR Properties).

Warehouse & industrial

Pasta distributor stays in Żerań

schedule 04 March 2016
Rafał Ostrowski
journalist

POLAND Greek pasta distributor Atlanta A.M. has prolonged its 2,000 sqm lease in Segro Business Park Warsaw in Żerań.

Green projects

WTT obtains Breeam

schedule 04 March 2016
Rafał Ostrowski
journalist

POLAND The Warsaw Trade Tower office building has been awaded the Breeam In-Use certificate in the asset performance category at a ‘Very Good’ level (63.1 pct).

Events

Real estate on the way up

schedule 04 March 2016
Anna Pakulniewicz

POLAND Real estate professionals will be joining in the run-up the stairs during the Towerrunning European Championships 2016.

Chinese investment in Europe on the rise

schedule 04 March 2016

EUROPE Greater Chinese investment (including Hong Kong, Macau and Taiwan) in European commercial real estate reached EUR 8.5 bln in 2015, signifying a 22 pct increase on 2014, according to the latest research by Cushman & Wakefield.

Residential

LSR to build 16,000 apartments in St Petersburg project

schedule 04 March 2016
Rafał Ostrowski
journalist

RUSSIA Russian developer LSR has started pre-sales in the first building of its Civilisation residential project in St Petersburg’s Nevsky district.

Retail & leisure

Poznań City Center attracts Peek & Cloppenburg

schedule 04 March 2016

POLAND A 4,500 sqm Peek & Cloppenburg boutique is to open in the Poznań City Center shopping centre in the autumn.

Technology

Mobile tech to end queues at Legia stadium

schedule 04 March 2016
Agata Kłapeć

POLAND Ericsson has introduced a mobile phone meal ordering system to the Legia Warszawa football stadium in Warsaw, which will enable supporters and spectators to order meals including delivery to their seats.

Residential

Atal begins Wielicka Garden in Kraków

schedule 04 March 2016
Ewa Andrzejewska

POLAND Atal is developing another residential estate in Kraków: Wielicka Garden, which is to be situated at the junction of ul. Wielicka and Al. Jerozolimskie in Podgórze district.

Warehouse & industrial

Poultry plant for Koluszki

schedule 04 March 2016
Eurobuild CEE

POLAND The SuperDrob food processing plant is planning the construction of a factory worth PLN 200 mln in Koluszki.

Investment & finance

MBank finances Warsaw office project

schedule 04 March 2016
Tomasz Szpyt-Grzegórski

POLAND Okre Development has obtained financing from MBank for the construction of the Grójecka Offices building in Warsaw.

Investment & finance

Liberec Plaza sold for EUR 9.5 mln

schedule 04 March 2016

CZECH REPUBLIC Struggling shopping centre developer Plaza Centers has agreed to sell its Liberec Plaza shopping mall in Liberec to an undisclosed buyer for EUR 9.5 mln.

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