News

Office & mixed-use development

WFC retains top floor tenant

schedule 22 January 2016
Eurobuild CEE

POLAND Private equity company Enterprise Investors has renewed its 1,700 sqm lease in the Warsaw Financial Center office building.

Construction

Aura Sky dawns

schedule 22 January 2016
Tomasz Szpyt-Grzegórski

POLAND The foundation stone has been laid for the 86m high Aura Sky residential building at the junction of ul. Ostrobramska and ul. Rodziewiczówny in Warsaw’s Praga Południe district.

Office & mixed-use development

Verifone takes more in Platinium Business Park

schedule 22 January 2016
Tomasz Szpyt-Grzegórski

POLAND Verifone European Shared Services has prolonged its lease and extended its area in the Platinium Business Park complex in Warsaw.

Investment & finance

SEE set for record year for investment – JLL

schedule 22 January 2016
Nathan North
managing editor (English section)

SEE REGION Real estate investment volumes in South-Eastern Europe are expected to reach record highs of EUR 285 mln in 2015, mainly driven by a surge in demand for retail assets by foreign investors, according to JLL.

Vacancy grows in Moscow shopping centres

schedule 22 January 2016

RUSSIA In 2015, the vacancy rate on the Moscow retail market increased by 2.3 percentage points reaching 8.3 pct, according to JLL.

Retail & leisure

Fort Group looking at 116,000 sqm mall in St Petersburg

schedule 21 January 2016
Rafał Ostrowski
journalist

RUSSIA Fort Group, owned by Russian businessmen Maxim Levchenko and Boris Paikin, is carrying out due diligence on the Leto shopping centre on Pulkovskoe Shosse in St Petersburg, according to Russian daily 'Kommersant'.

Office & mixed-use development

Q22 signs two more tenants

schedule 21 January 2016
Tomasz Szpyt-Grzegórski

POLAND The Q22 office tower, which is currently being developed by Echo Investment in Warsaw, has attracted two new tenants: Linklaters and William Demant, according to the latest CBRE report.

Office & mixed-use development

Strongest ever take-up in Prague

schedule 21 January 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC In Q4 2015, the Prague office market saw the strongest gross take-up in its history, increasing by 78 pct on the previous quarter and totalling 161,800 sqm, according to research by the Prague Research Forum.

Retail & leisure

Rivera obtains occupancy permit

schedule 21 January 2016
Rafał Ostrowski
journalist

RUSSIA Rivera, the newly completed shopping centre developed by Praktika Development in Moscow’s Danilovsky district, has been granted an occupancy permit.

Residential

Robyg launches latest Wilanów project

schedule 21 January 2016
Tomasz Szpyt-Grzegórski

POLAND Robyg has launched a new project in Warsaw’s Wilanów district: Apartamenty Villa Nobile.

Retail & leisure

Lords secures new faces for PC Arena

schedule 21 January 2016
Anna Pakulniewicz

LITHUANIA Lords LB Baltic Fund III has signed three new leases for its PC Arena shopping centre in Klaipėda.

Investment & finance

European Family Centre to open in Sopot

schedule 21 January 2016
Tomasz Szpyt-Grzegórski

POLAND The city of Sopot has completed a tender for the sale of the 1.12 ha site for the Europejskie Centrum Rodziny [European Family Centre] development.

Residential

Building permit for Neptun II

schedule 21 January 2016
Anna Pakulniewicz

POLAND Polnord has obtained a building permit for the first stage of the Neptun II estate in Ząbki near Warsaw.

Goodman boasts 1.5 mln sqm in e-commerce contracts

schedule 21 January 2016
Rafał Ostrowski
journalist

EUROPE With last year’s signing of a 130,000 sqm development contract for Zalando in Germany, Goodman Group has now secured contracts to develop a total of over 1.5 mln sqm for the e-commerce sector across Europe.

Vastint continues to invest in Bucharest

schedule 21 January 2016
Eurobuild CEE

ROMANIA Vastint has purchased a 48 ha land plot in the northern part of Bucharest.

Kyiv office tenant activity doubles

schedule 21 January 2016
Rafał Ostrowski
journalist

UKRAINE Office take-up in Kyiv in 2015 amounted to app. 174,000 sqm gla, twice as high as the figure for 2014, according to research by DTZ Ukraine.

Retail & leisure

Polish retailer plans massive Abu Dhabi expansion

schedule 21 January 2016
Agata Kłapeć

UNITED ARAB EMIRATES Polish fashion retail group LPP has opened its first Abu Dhabi store. By 2020, the company, which owns such chains as Reserved, House, Cropp, Mohito and Sinsay, aims to launch a network of 70 stores in the emirate.

Warehouse & industrial

Prologis to tailor warehouse for Fiege

schedule 20 January 2016
Rafał Ostrowski
journalist

HUNGARY Prologis has begun the development of an 8,000 sqm BTS facility (DC2) at Prologis Park Hegyeshalom for logistics provider Fiege.

Kyiv office supply hits record low

schedule 20 January 2016
Rafał Ostrowski
journalist

UKRAINE In 2015, only 40,600 sqm of office space was completed in Kyiv, the lowest result ever, according to JLL. l

Retail & leisure

St Petersburg retail space supply slumps

schedule 20 January 2016
Rafał Ostrowski
journalist

RUSSIA St Petersburg's new retail space supply has hit a six-year low, according to JLL.

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