News

Investment & finance

HB Reavis sells Slovakia building to Erste fund

schedule 18 December 2015
Nathan North
managing editor (English section)

SLOVAKIA HB Reavis has sold the Forum Business Center I building (‘Forum BC I’) in Bratislava. The office development at the junction of Bajkalská and Prievozská streets - the headquarters of Slovak Telekom since 2013 – has been purchased by ČS Nemovitostní Fond for EUR 46.2 mln.

Technology

Customers ready for ‘sensing bricks’

schedule 18 December 2015
Agata Kłapeć

WORLD As much as 55 pct of smartphone users believe that within only the next five years, their own homes will have embedded sensors that look for construction errors, mold buildup, water leaks and electricity issues, according to a recent survey by Ericsson.

Office & mixed-use development

Dominikański signs 1,700 sqm new leases

schedule 18 December 2015
Eurobuild CEE

POLAND Skanska Property Poland has signed two new lease agreements with BrightOne and Work Service for office space in its Dominikański office complex in Wrocław.

Investment & finance

Skanska to erect mixed-use complex in Poznań

schedule 18 December 2015
Tomasz Szpyt-Grzegórski

POLAND Skanska and PKS Poznań have signed a PLN 63.5 mln preliminary agreement on the purchase of the former bus station located at the junction of ul. Matyi and ul. Wierzbięcice in central Poznań.

Retail & leisure

LPP leases 3,000 sqm in Rivera

schedule 17 December 2015
Rafał Ostrowski
journalist

RUSSIA Polish retailer LPP is planning to open five stores in the Rivera shopping centre (formerly known as River Mall), which is being developed by Praktika Development in Moscow’s Danilovsky district.

Forum Lviv welcomes new tenants

schedule 17 December 2015
Rafał Ostrowski
journalist

UKRAINE Two Ukrainian retailers, Sokrat and Goldi Lyonokombinat, have leased space in the Forum Lviv shopping centre.

Twenty new retail projects in 2016

schedule 17 December 2015
Rafał Ostrowski
journalist

POLAND Sixteen new shopping centres and four redevelopment projects are to be completed in the next twelve months, according to Cushman & Wakefield.

Office & mixed-use development

Fritz and IdeaLab come to Plac Unii

schedule 17 December 2015
Rafał Ostrowski
journalist

POLAND Fritz Finance Group and investment fund IdeaLab Venture have recently moved into the Plac Unii mixed-use complex in Warsaw.

Ibis Styles opens in Klaipėda

schedule 17 December 2015
Aneta Cichla

LITHUANIA The Ibis Styles Klaipėda Aurora hotel has been opened on the Curonian Spit in Klaipėda.

Human resources

Austrian developer appoints new CEO

schedule 16 December 2015
Agata Kłapeć

EUROPE Bruno Ettenauer, the CEO of CA Immo, is stepping down nearly three years prematurely. He will be replaced by Frank Nickel, the CEO of Cushman & Wakefield Germany.

Pepco expands Rawa warehouse

schedule 16 December 2015
Rafał Ostrowski
journalist

POLAND Prologis is to extend Pepco’s warehouse in Rawa Mazowiecka from its current 20,000 sqm to 50,0000 sqm.

JLL: Poland sees best ever take-up volumes

schedule 16 December 2015
Rafał Ostrowski
journalist

POLAND In 2015 the total volume of office lease agreements reached 1.3 mln sqm, which was the best ever result registered on Poland's property market, according to a preliminary full-year report by JLL.

Technology

Philips and Cisco enable Internet of Lighting solutions

schedule 16 December 2015
Eurobuild CEE

WORLD Philips and Cisco have signed a global strategic partnership on the development of Internet-connected office lighting systems.

Technology

Artificial intelligence to help increase sales

schedule 16 December 2015
Agata Kłapeć

WORLD US outdoor apparel retailer The North Face has used IBM Watson, the AI question answering computing system, to offer a new dialog-based online shopping tool that allows customers to find and buy the most suitable items for their activities and lifestyles.

Asian investment into European hotels up 400 pct

schedule 16 December 2015
Eurobuild CEE

EUROPE A total of EUR 1.6 bln of Asian capital has powered the European hotel sector this year as a result of the increased liquidity and a low cost of capital, informs CBRE.

Office & mixed-use development

PIU takes floor in Spektrum Tower

schedule 16 December 2015
Rafał Ostrowski
journalist

POLAND The Polish Insurance Association (PIU) has leased the entire 20th floor of the Spektrum Tower office building in Warsaw.

Retail & leisure

Moscow Fashion House signs new deals

schedule 15 December 2015
Rafał Ostrowski
journalist

RUSSIA Three new retailers have recently opened stores in Fashion House Outlet Centre Moscow and two others have signed leases.

Archicom improves sales

schedule 15 December 2015
Tomasz Szpyt-Grzegórski

POLAND This year until the end of November, Archicom group sold 571 apartments (presales contracts) compared to 479 apartments over the same period in 2014.

Robyg buys another Gdańsk plot

schedule 15 December 2015
Aneta Cichla

POLAND A subsidiary of Robyg has purchased another plot in Gdańsk. This time the company has bought 1.8 ha in Wrzeszcz district for PLN 22.5 mln.

Construction

Foundation stone laid for Galeria Grodova

schedule 15 December 2015
Aneta Cichla

POLAND The foundation stone has been laid at the construction site of Galeria Grodova in Grodzisk Mazowiecki.

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