PL

News

Food in malls not keeping up with fashion

schedule 06 November 2015
Nathan North
deputy editor

EUROPE Shopping centres in the EMEA region need to bring the standard of their food and drink offer up to that of the retail offer, according to a report by CBRE.

Investment & finance

GLL “buys Floreasca Park”

schedule 06 November 2015
Nathan North
deputy editor

ROMANIA The acquisition by German investment fund GLL Real Estate Partners of the Floreasca Park office building from Portland Trust, in a transaction of worth almost EUR 100 mln, has been approved by the Romanian competition authorities, according to Profit.ro.

Panattoni completes Pilkington plant

schedule 05 November 2015
Rafał Ostrowski
journalist

POLAND Panattoni Europe has completed the construction of a manufacturing plant for Pilkington Automotive in Chmielów, in the Tarnobrzeg Special Economic Zone Euro-Park Wisłosan.

Immofinanz opens Vivo in Stalowa Wola

schedule 05 November 2015
Rafał Ostrowski
journalist

POLAND Immofinanz, together with its development partner Acteeum Group, have opened the first stage of the Vivo! Stalowa Wola shopping centre.

A walk in the clouds

schedule 05 November 2015

‘Eurobuild CEE’ and the ‘I Have a Dream’ foundation fulfil the dreams of children struggling with illness

Office & mixed-use development

Orlen opts for Opolska

schedule 05 November 2015
Nathan North
deputy editor

POLAND Polish petro-chemical products company Orlen Oil has leased 1,700 sqm in Echo Investment’s Opolska Business Park development in the northern part of Kraków, which is now close to completion.

Dochki-Sinochki leases 42,000 sqm in Logopark Bykovo

schedule 05 November 2015
Rafał Ostrowski
journalist

RUSSIA Major Russian kid’s goods retailer Dochki-Sinochki has leased app. 42,200 sqm of warehouse space in the Logopark Bykovo warehouse complex located south-east of Moscow, app. 19 km from the city ring road.

Second Holiday Inn to open in St Petersburg

schedule 05 November 2015
Rafał Ostrowski
journalist

RUSSIA In 2018, InterContinental Hotels Group is planning to open the Holiday Inn St Petersburg – Proletarskaya in St Petersburg.

BaltCap buys property manager

schedule 05 November 2015
Anna Pakulniewicz

LITHUANIA The BaltCap Private Equity Fund II managed by BaltCap, a private equity and venture capital investor in the Baltic States, has acquired property manager BPT Real Estate, which is active in the Baltic States and Poland.

Residential

Home at the post office

schedule 05 November 2015
Anna Pakulniewicz

LITHUANIA Sky City, an office building in the New Town in Vilnius, is currently being converted into apartments.

Warehouse & industrial

DSV Road in Panattoni Łódź complex

schedule 05 November 2015
Ewa Andrzejewska

POLAND At the beginning of October, DSV Road started operations from a new logistics facility in Panattoni Business Center Łódź II.

Retail & leisure

Galeria Krupówki 60 pct leased

schedule 05 November 2015
Aneta Cichla

POLAND Galeria Krupówki, which is under construction in Zakopane, is now 60 pct leased. In spite of protests and the suspension of the construction work on the shopping centre, the project was resumed a few months ago.

Public buildings

Lux Med hospital to be redeveloped by FB Antczak

schedule 05 November 2015

POLAND FB Antczak has been chosen to be the general contractor for the redevelopment of the Garden Plaza office building near the junction of ul. Elbląska and ul. Szamocka in Warsaw’s Żoliborz district.

Retail & leisure

Carrefour renovates eighth mall

schedule 05 November 2015
Aneta Cichla

POLAND Carrefour Polska has finished the eighth modernisation of its Polish shopping centres with the reopening of Galeria Śląska in Rybnik.

Public buildings

Skanska wins station contract

schedule 05 November 2015
Nathan North
deputy editor

CZECH REPUBLIC Skanska has been awarded a contract by the Czech Railway Infrastructure Administration [SŽDC] for the modernisation of Česká Lípa train station in northern Bohemia.

Construction

Work advances on Timpuri Noi Square

schedule 05 November 2015
Eurobuild CEE

ROMANIA Vastint has laid the cornerstone for the first stage of its Timpuri Noi Square mixed-use project in Bucharest.

Benteler chooses Panattoni for VW closeness

schedule 05 November 2015
Nathan North
deputy editor

POLAND Van parts and chassis manufacturer Benteler Automotive has leased app. 6,600 sqm at Panattoni Park Września.

Vacancy falls to pre-crisis low

schedule 05 November 2015
Nathan North
deputy editor

CZECH REPUBLIC At the end of Q3 2015, the vacancy rate for industrial space in the Czech Republic stood at 5.7 pct, having decreased by 122 bps since Q2 2015 – a record-low since the pre-crisis period, according to data published by the Industrial Research Forum.

Warehouse & industrial

Best ever industrial results – JLL

schedule 05 November 2015
Nathan North
deputy editor

POLAND Industrial space take-up in Poland has now reached 1.6 mln sqm for the year, according to research by JLL. The share of speculative development under construction has increased while the vacancy rate has dropped.

Technology

ThyssenKrupp uses IoT to preempt elevator breakdowns

schedule 03 November 2015
Agata Kłapeć

WORLD German elevator manufacturer ThyssenKrupp has joined forces with Microsoft to develop a predictive elevator maintenance service that calculates the remaining lifetime of key systems and components in real-time to prevent breakdowns.

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