News

POLAND About 700,000 sqm of retail space is scheduled to come onto the Polish market by the end of 2017, of which 450,000 sqm is expected to be completed in 2016, according to Cushman & Wakefield’s “Property Times” report.

Global real estate investment likely to increase

10 January 2016

WORLD Over a half (52 pct) of the 600 investors surveyed by Colliers International is planning to increase real estate fund allocations in 2016, while only 11 pct of the respondents to decrease their investment, according to the “Global Investor Outlook” report.

Hotels

The capital with three top hotels in Lithuania

LITHUANIA Online travel portal Trip Advisor has published the list of the world’s best hotels based on their user reviews. The Best Hotels of 2016 - TripAdvisor Travelers' Choice Awards ranking was also compiled for Lithuania, where 10 best TripAdvisor hotels were revealed.

Prague residential market breaks record

CZECH REPUBLIC Around 6,700 apartments are scheduled to be completed in 2016 in Prague, which will be the best annual result since 2009, says JLL.

Interior design

Opera returns to Castle

POLAND The refurbished interiors of the Opera at the Castle in Szczecin have been opened after the completion of the work. It is showing off its interior on brand new photos.

Veranda gets EUR 25 mln financing

ROMANIA Veranda shopping centre, situated in Bucharest’s Obor area, has secured a EUR 25.5 mln development loan from Raiffeisen Bank and Raiffeisen Bank International.

Window producer leases space at The Park

POLAND The trade office of Velux, a part of the Danish window manufacturing grup VKR, has leased 1,700 sqm of space in the The Park Warsaw office complex in Warsaw’s Włochy district.

New Ocado hub opens in Poland

Agata Kłapeć

POLAND Ocado Technology, an IT lab of the British online grocer Ocado, has leased app. 1,500 sqm of space in the 4,500 sqm Centrum Biznesu Magdalena office building in central Wrocław.

Centerscape buys four Polish assets

POLAND Centerscape Group has acquired four small retail properties in Chorzów, Prudnik, Rawa Mazowiecka and Trzcianka.

Warehouse & industrial

Orange stays with Segro

POLAND French telecom company Orange has prolonged its 17,300 sqm lease agreement for space in Segro Logistics Park Warsaw in Pruszków.

Murapol founder invests in Kraków office park

POLAND Michał Dziuda, the founder and main shareholder of the Murapol group, is investing in an office complex in Kraków.

Warehouse & industrial

Neinver appoints new country head for Poland

POLAND Bożena Gierszewska-Mroziewicz has been appointed the country head of Neinver Poland.

Warehouse & industrial

Retail drives demand for large CEE warehouses

CEE REGION CEE warehousing market is seeing increased tenant activity as local and international e-commerce and multichannel businesses expand their operations.

Košice attracts new SSC

SLOVAKIA Multinational hermetic compressors manufacturer Embraco has opened its new global business services centre in Košice in eastern Slovakia.

Bianka Lingerie to open in Forum Lviv

UKRAINE Lingerie retail chain Bianka has opened a new sqm store in the Forum Lviv shopping centre in Lviv.

Retail & leisure

KappAhl opens in Morena

POLAND Swedish fashion retailer KappAhl has leased 620 sqm of retail space in the Galeria Morena shopping centre in Gdańsk. The now 27,000 sqm Galeria Morena, which is owned by Carrefour, is currently undergoing the 6,000 sqm gla extension.

Hotels

Top 25 Russian hotels named

RUSSIA Online travel portal Trip Advisor has published the list of the world’s best hotels based on their user reviews. The Best Hotels of 2016 - TripAdvisor Travelers' Choice Awards ranking was also compiled for Russia, where 25 best TripAdvisor hotels were revealed.

Retail & leisure

First premium brand from LPP

POLAND/EUROPE LPP, the owner of the fashion brands: Reserved, House, Cropp, Mohito and Sinsay, has presented its latest brand.

Bellona to be made anew

Tomasz Szpyt-Grzegórski

POLAND Ghelamco is now carrying out work on the restoration of the former Dom Wydawniczy Bellona building at the junction of ul. Towarowa and ul. Grzybowska in Warsaw’s Wola district, which was built in 1949–1958 for the Military Printing House.

New plans for EC Powiśle