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Warehouse & industrial

Amazon mega-warehouse opens outside Prague

schedule 09 September 2015
Nathan North
deputy editor

CZECH REPUBLIC The first Amazon giant warehouse in the Czech Republic has opened in Dobrovíz, close to Prague airport.

Investment & finance

Tesco to wind down CEE operations?

schedule 08 September 2015
Agata Kłapeć

WORLD/ CEE REGION Struggling British grocer Tesco is reportedly considering selling off its CEE business, according to the sources approached by Bloomberg.

Hotels

Starwood enters Romanian market

schedule 08 September 2015
Eurobuild CEE

ROMANIA US hotelier Starwood has expanded its CEE presence by opening its first Romanian location: the 270-room Sheraton Bucharest Hotel.

Retail & leisure

Amrest leases 2,000 sqm in Warsaw’s Targówek

schedule 08 September 2015
Eurobuild CEE

POLAND Fast-food restaurant operator Amrest is set to open a KFC Drive-Thru standalone unit within the 24,400 sqm gla Zielony Targówek retail park in Warsaw's Targówek district.

Investment & finance

New foreign investor could buy Eurocentrum

schedule 07 September 2015
Anna Pakulniewicz

POLAND Four buildings in the Eurocentrum office complex in Warsaw are to be sold next year and the Royal Wilanów office building is to be sold by 2018, according to the developer of the projects, Capital Park.

Retail & leisure

H&M the latest new face in Osowa

schedule 07 September 2015
Aneta Cichla

POLAND An H&M store is to be opened in the Osowa shopping centre in Gdańsk this year. The Swedish clothing retailer has leased a 2,100 sqm unit in the centre.

Residential

Blockpol apartments in Lublin near completion

schedule 07 September 2015
Aneta Cichla

POLAND Work is in progress on the construction of the ‘B2’ building of a new residential project by Blockpol Developer on ul. Górnicza in Lublin.

Erbud building for Leroy Merlin

schedule 07 September 2015
Tomasz Szpyt-Grzegórski

POLAND Erbud is to construct a Leroy Merlin DIY store in Wrocław in a contract worth PLN 31.4 mln.

Orbis sells Warsaw plot

schedule 07 September 2015
Tomasz Szpyt-Grzegórski

POLAND Orbis has signed a preliminary agreement for the sale of land at ul. Łopuszańska 47 in Warsaw.

Investment & finance

Eastern Europe and Asia boost Auchan sales

schedule 08 September 2015
Eurobuild CEE

WORLD In H1 2015, Groupe Auchan has seen a 3.4 pct y-o-y increase in consolidated revenue, to EUR 26.9 bln, mostly driven by the Eastern European and Asian sales.

Hotels

Ibis Styles to open in Gniezno

schedule 07 September 2015
Ewa Andrzejewska

POLAND Orbis has signed a franchise agreement for a hotel development in Gniezno. The first hotel in the city to be opened under the Ibis Styles brand will be built at the junction of ul. Chrobrego and ul. Sobieskiego.

Yields and investment flat as Ukrainian uncertainty continues

schedule 08 September 2015
Nathan North
deputy editor

UKRAINE In the first half of 2015, total secondary investment volume on the Ukrainian property market amounted to only around USD 40 mln, according to a report by DTZ.

Warehouse & industrial

Aircraft components suppliers pick Poland

schedule 08 September 2015
Agata Kłapeć

POLAND Aircraft engines manufacturer Rolls-Royce and the aviation supplier Hispano-Suiza will open a production plant in Poland that will serve their newly-created Aero Gearbox International joint venture.

Warehouse & industrial

CTP buys another Romanian park

schedule 08 September 2015
Nathan North
deputy editor

ROMANIA Czech industrial developer CTP has reached an agreement with UK-owned developer Portland Trust to buy the Bucharest West logistics park.

Office & mixed-use development

GTC Łódź project signs new tenants

schedule 08 September 2015
Agata Kłapeć

POLAND Warsaw-listed developer GTC has signed two new lease agreements for a total of 9,000 sqm of office space in the University Business Park II building which is currently being constructed in Łódź.

Retail & leisure

GPoland looking to expand at home and abroad

schedule 08 September 2015

POLAND Master-franchising firm GPoland is now focusing on major expansion plans for the company. The products it offers are intended to fill gaps on the Polish market. It has recently founded an academy to train its business partners how to retail in line with its standards. The company is looking for new partners, to open more stores in Poland and in the future and to open its first outlets abroad. It is aiming at opening another twenty or so boutiques by the end of 2017.

Office & mixed-use development

Northern potential and rising vacancy

schedule 08 September 2015
Anna Pakulniewicz

POLAND The office market in northern Poland is developing and has good prospects for the future, according to the ‘Northern Poland – Prospects for Business Services report just published by Colliers and Adecco. The authors of the research state that higher vacancy in Gdańsk is expected. The report focused on five office investment location: the TriCity, Szczecin, the Bydgoszcz-Toruń agglomeration, Białystok and Olsztyn.

Retail & leisure

Lykke debuts in Poland

schedule 03 August 2015

POLAND Scandinavian clothing retailer Lykke is entering the Polish market.

Office & mixed-use development

Nasdaq moves into K29

schedule 07 September 2015
Nathan North
deputy editor

LITHUANIA American/Canadian stock exchange operator Nasdaq has leased a single area of 2,300 sqm in the K29 Vilnius office building in the Lithuanian capital.

Investment & finance

CPI to sell Živnobanka building to Chinese giant

schedule 07 September 2015
Nathan North
deputy editor

CZECH REPUBLIC CPI Property Group has entered into a preliminary agreement to sell to CEFC China Energy Company Limited the historic former Živnobanka (Živnostenská bank) building in Prague.

Edition 4 (287) April 2024

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