News

POLAND The first stage of the construction of the Szucha Premium Office project at ul. Szucha 19 in central Warsaw has now finished with the topping off of the building.

Bukowina among the top 50 skiing resorts in the world

Rafał Ostrowski
journalist

POLAND According to user ratings on the Trivago portal, Bukowina Tatrzańska in Poland is among the top fifty skiing resorts in the world in terms of the quality of the hotel base.

Retail & leisure

Fitness Academy to open in Legnica

POLAND Galeria Piastów, a Rank Progress retail project in Legnica, has signed a new tenant.

Le Palais retains Ipopema

POLAND The 5,500 sqm gla Le Palais office building on ul. Próżna in Warsaw will continue to house the Ipopema head office.

Construction

Opacka Park to be launched soon

Rafał Ostrowski
journalist

POLAND The construction of the Opacka Park office complex on al. Grunwaldzka in Gdańsk is to start this spring.

Retail & leisure

TK Maxx to open in Manufaktura

POLAND Discount fashion retailer TK Maxx is to open a new store in the building whch formerly housed a weaving mill and now is part of the Manufaktura retail complex in Łódź.

Retail & leisure

PH Zakopianka signs Komfort

POLAND In March the Komfort retail chain is to open a new 1,500 sqm store in the Zakopianka retail park in Kraków.

New AXA European fund kicks off

EUROPE AXA Investment Managers – Real Assets has launched its new pan-European open-ended real estate fund, AXA Core Europe, for which it have initially raised over EUR 500 mln.

Proximo attracts two tenants

POLAND Two new companies have leased office space in the Proximo building which is currently being developed by Hines in Warsaw’s Wola district.

Technology

Philips and Xiaomi lamp a sight for sore eyes

WORLD Royal Philips together with Chinese internet-driven smartphone company Xiaomi, has launched the Philips EyeCare connected desk lamp.

Green projects

A panel with the best lambda

WORLD Paroc Panel System has launched its latest innovation in sustainable development – the energy efficient Paroc AST L panel.

Hotels

Bulgari planning to open Russian hotel

Rafał Ostrowski
journalist

RUSSIA Italian company Bulgari together with Marriott, which is the manager of Bulgari’s network of five-star hotels, are looking for a partner to open a hotel in Russia, according to rbc.ru.

Martes Sport signs 6,100 sqm Warsaw leases

POLAND Sportswear and sports equipment retailer Martes Sport is boosting its presence in Warsaw. The company has recently signed four lease agreements for a total of 6,100 sqm of space in Poland’s capital city.

Investment & finance

Budapest sees “the strongest return profile in CEE”

HUNGARY Hungarian CRE investment volume reached EUR 745 million in 2015, a 62 pct increase on 2014, says CBRE in its report.

Alchemia lures new tenant

POLAND Financial services company Provident Poland has opened a new regional office in the Alchemia office complex, which is being developed by Torus in Gdańsk.

Bulgaria's first Intercontinental hotel underway

BULGARIA Intercontinental Hotels Group (IHG) will open its first Intercontinental-branded Bulgarian hotel property.

Hotels

More Hilton Garden Inn sites to open in CEE

ROMANIA US-based hotel group Hilton Worldwide has reached a franchise agreement with SC Apex Alliance 1 to open the Hilton Garden Inn Bucharest Old Town hotel in 2017. This will be the first Hilton Garden Inn-branded property in the country.

City Service delisted but listed elsewhere

LITHUANIA/POLAND City Service, a company which manages apartment buildings in several countries across the region, has opted to be delisted from trading on the Nasdaq Vilnius exchange.

Occupancy permit for Echo project in Kraków

POLAND The first stage of Opolska Business Park, an office complex which is being developed by Echo Investment in the northern part of Kraków, has been granted an occupancy permit.

Warehouse & industrial

Poland the key market for Goodman in CEE