News

Investment & finance

TriGranit sale to TPG finally goes through

CEE REGION TPG Real Estate has finalised its acquisition of Hungarian developer and investor TriGranit.

Investment & finance

European office take-up swells by 11 pct

EUROPE Over the first three quarters of the year total European office take-up in increased by 11 pct y-o-y, as a number of local markets, including Berlin, Madrid, Paris and Warsaw, saw strong leasing volumes, says Knight Frank in its latest report.

Warimpex suffers EUR 31.6 mln loss

EUROPE Difficulties involved in operating on the current Russia market are continuing to drag down Warimpex’s results.

Investment & finance

Meyer Bergman buys all of Galeria Katowicka

POLAND A fund advised by property investment manager Meyer Bergman has bought out the remaining stake of the Galeria Katowicka shopping centre in Katowice from Neinver and Poland’s state railway company PKP to become the mall’s sole owner.

Investment & finance

Segro signs Prague extension and starts spec project

CZECH REPUBLIC Kuehne + Nagel Group has prolonged its 16,500 sqm lease for another five years in Segro Logistics Park Prague.

Warburg fund acquires Wrocław office building

POLAND Institutional real estate fund Europa Select Immobilien Invest, managed by Warburg-HIH Invest Real Estate, has acquired the Dubois 41 office building in Wrocław’s Nadodrze district from French developer Nacarat for app. EUR 21 mln.

Office & mixed-use development

Skanska embraces Generation X

POLAND Skanska Property Poland has launched the construction of its biggest office development in the CEE region: the Generation Park office complex in Warsaw’s Wola district.

Eurobuild Awards

THEY HAVE A DREAM

THEY HAVE A DREAM

Industrial take-up in Russia set for record

RUSSIA In 2015, despite the country's current economic difficulties, take-up activity in the industrial and logistics sector is set to exceed its record figure of 2013, when 1.23 mln sqm was leased, according to CBRE.

Orbis buys two Budapest hotels

HUNGARY Orbis, together with its Hungarian company Accor-Pannonia Hotels, has signed a conditional purchase agreement for two hotels in Budapest: the 139-room ibis Budapest Heroes Square and the 227-room Mercure Budapest City Center.

Polish retail investment volumes to break record

POLAND Following the recent EUR 290 mln sale of the Stary Browar shopping centre in Poznań to Deutsche Asset & Wealth Management, Polish retail investment volumes are likely to set a new record by surpassing the EUR 1.3 bln registered in 2013, says Cushman & Wakefield.

Warimpex completes Zeppelin

RUSSIA ZAO Avielen, a joint venture between Warimpex (a 55-pct stake), CA Immo Group (a 35 pct stake) and UBM (a 10 pct stake), has completed the Zeppelin office tower in St Petersburg.

Boco expands in Pardubice

CZECH REPUBLIC Plastics and rubber manufacturing provider Boco Pardubice has leased 1,500 sqm of production and office space in TechnoPark Pardubice.

Warsaw high street retail uncovered

POLAND Not large chains but small retail tenants (76 pct) tend to dominate Warsaw high streets, says Colliers International in its latest report.

Office & mixed-use development

New office building to be developed in Poznań

POLAND Constructa Plus is set to build a small office building at the junction of ul. Ogrodowa and ul. Krysiewicza in Poznań.

Forum Lviv now 97-pct leased

UKRAINE Multi Ukraine’s Forum Lviv shopping centre is currently leased out in 97 pct.

Residential

Polnord carries on Gdynia project

POLAND Polnord has started the construction and sale of apartments in the second and third stages of the Brama Sopocka residential estate in Gdynia.

Office & mixed-use development

Google Campus opens in Warsaw

POLAND Google has launched its Warsaw Campus innovation centre in the Centrum Praskie Koneser in the Praga Północ district.

Green projects

Adgar Plaza gets gold

POLAND Three office buildings that form the Adgar Plaza complex in Warsaw have received LEED sustainability certificates at the Gold level.