News

Skanska maintains momentum in CEE

schedule 15 February 2016
Rafał Ostrowski
journalist

CEE REGION Skanska completed the sale of eleven office buildings in three CEE countries in 2015, achieving a total transaction volume of almost EUR 500 mln for the year.

Retail & leisure

Forever 21 commissions C&W for Polish expansion

schedule 15 February 2016
Rafał Ostrowski
journalist

POLAND Cushman & Wakefield is to provide market advisory services and search for new stores locations for American fashion chain Forever 21 in Poland.

2,200 hotel rooms to open in Moscow

schedule 12 February 2016
Eurobuild CEE

RUSSIA About 2,200 branded rooms are to be delivered this year to the Moscow market, compared to only 757 branded rooms completed last year, according to JLL.

Polish real estate set for another good year

schedule 12 February 2016
Eurobuild CEE

POLAND An increasing number of investors entering Poland, almost 1 mln sqm of office space planned for delivery, and a rising supply of hotel facilities – are just some these are among the predictions made by Colliers International for Polish the real estate market in 2016, in its latest Market Insights report.

Retail & leisure

Skyline to unveil Ornament in Kyiv

schedule 12 February 2016
Rafał Ostrowski
journalist

UKRAINE Kyiv-based company Skyline Development is about to complete the construction of the Ornament shopping centre in Kyiv’s Podilskyi district.

Architecture and urban planning

New face for Baltic resort

schedule 12 February 2016
Anna Pakulniewicz

LITHUANIA A technical and architectural plan has been drawn up to improve the centre of Nida, one of the districts of Neringa on the Curonian Spit, involving the creation of a central square for the town.

Retail & leisure

Telepizza looking for new possibilities

schedule 12 February 2016
Ewa Andrzejewska

POLAND In 2016 Telepizza is planning to open new branches in a number of shopping centres, train stations and airports.

Infrastructure

Budimex and Strabag take on S17

schedule 12 February 2016
Tomasz Szpyt-Grzegórski

POLAND The General Directorate of National Roads and Motorways (GDDKiA) has signed contracts with Budimex and Strabag for the design and construction of the S17 expressway near Garwolin.

Architecture and urban planning

European Geological Education Centre among the best in the world

schedule 12 February 2016

WORLD The European Geological Education Centre, designed by the WXCA architectural studio, has been chosen as the best public utility facility in the world at the International Property Awards. However, it lost out to the Qatar Rail underground project in Doha in the global classification of the competition.

Retail & leisure

Sharman Church expands into street retail

schedule 12 February 2016
Rafał Ostrowski
journalist

CEE REGION Sharman Church Chartered Surveyors has opened a new department that will focus on high street retail and ground floor office units.

Hotels

Radisson Blu Riverside Hotel for Moscow

schedule 11 February 2016
Rafał Ostrowski
journalist

RUSSIA A 220-room Radisson Blu Riverside Hotel & Spa is to be opened in northwest Moscow in 2019, according to Russian daily Vedomosti.

Retail & leisure

Furniture on Nowy Świat

schedule 11 February 2016
Tomasz Szpyt-Grzegórski

POLAND Asymetria has become the latest tenant of the retail and service area in the Nowy Świat 2.0 office building in Warsaw.

Half of Erbud’s profits could be paid in dividends

schedule 11 February 2016
Eurobuild CEE

POLAND After its application has been assessed by the supervisory board, the management board of Erbud will recommend a dividend ranging from 30 to 50 pct of the net financial result generated in the previous financial year at a company general meeting.

Construction

Warbud to renovate Vilnius embassy

schedule 11 February 2016
Anna Pakulniewicz

LITHUANIA Warbud has been chosen to modernise the palace of the Pac family – the future Polish Embassy – in Vilnius.

Investment & finance

Atrium sells ten Czech retail centres

schedule 11 February 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC Atrium European Real Estate has completed the sale of a portfolio of ten retail assets in the Czech Republic to a private client account managed by Palmer Capital for EUR 102.6 mln.

Warehouse & industrial

Panattoni attracts two to Szczecin

schedule 11 February 2016
Rafał Ostrowski
journalist

POLAND Panattoni Europe has leased out 11,600 sqm of space to two new tenants in Panattoni Park Szczecin.

Office & mixed-use development

Marked increase in regional tenant activity

schedule 11 February 2016
Eurobuild CEE

POLAND Annual take-up on the Polish office market increased by 40 pct y-o-y across the country compared to 2014, according to the latest ‘Property Times Office Poland’ report by Cushman & Wakefield.

More guests come to Russian hotels

schedule 11 February 2016
Eurobuild CEE

RUSSIA In 2015, the average hotel occupancy in Moscow grew by 2.7 percentage points y-o-y, reaching 67.5 pct, while in St Petersburg it grew by an impressive 7.3 percentage points, reaching a solid 64.3 pct for the year, according to JLL.

Office & mixed-use development

HB Reavis signs 2,000 sqm new leases

schedule 10 February 2016
Eurobuild CEE

POLAND HB Reavis has signed four new leases for office and retail space in two Warsaw projects.

Polish ministries bash new retail tax

schedule 10 February 2016
Agata Kłapeć

POLAND Seven Polish ministries have submitted their reviews of the new retail tax law proposed by the Ministry of Finance. They criticise the scope of the new legal regulations and the way the new levy is to be charged, and worry about the negative impact it could have on Polish businesses and customers.

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