News

Hotels

Bristol Rzeszów renovated

POLAND The newly-renovated Bristol Tradition & Luxury hotel has opened at ul. Rynek 20-23 in Rzeszów.

Few intelligent houses in Lithuania

LITHUANIA Residential developers active in Lithuania are mainly focusing on lowering costs and are not interested in the construction of intelligent houses, according to a study by Inreal.

Retail & leisure

H&M expands online presence

WORLD H&M has opened its online store in Russia. The move follows the recent launch of H&M’s online platform in Switzerland.

Office & mixed-use development

Griffin holds onto Microsoft

POLAND The Polish subsidiary of Microsoft is to remain the anchor tenant in the Company House II office building at Al. Jerozolimskie 195A in Warsaw.

Hotels

Seaside spa from Saukupa

LITHUANIA A spa and wellness complex on the Baltic Sea is to be officially opened on November 7th.

Retail & leisure

More Szachownica stores on their way

POLAND The Szachownica clothing chain is to expand its network of stores. Four new outlets of the brand are to be opened before the end of this year.

Investment & finance

Orbis investing and expanding

POLAND Over the next three years the Orbis hotel group is to expand with another 21 hotels operating on the basis of franchise and management agreements as well as three own hotels which are currently under construction. In Q3 of this year the company opened five new facilities, which operate on a franchise basis. These include hotels in Poland, Romania and Lithuania.

Office & mixed-use development

Enel-Med leases space in Crown Square

POLAND Medical centre chain Enel-Med has leased 1,013 sqm of space on the ground floor of the Crown Square office building in Warsaw’s Wola district.

Office & mixed-use development

MOM Park Towers signs 2,000 sqm deals

HUNGARY The owner of the 11,500 sqm MOM Park Towers office complex in Budapest, represented by Cushman and Wakefield, has signed five lease deals for a total of 2,000 sqm of office space.

Human resources

Kappahl hires former H&M executive as new CEO

WORLD Danny Feltmann Espersen has been appointed the new president and CEO of the Swedish fashion retailer Kappahl. He will assume his new position on December 1st, 2015.

Hotels

Radisson Blu Olympiysky Hotel to open in Moscow

RUSSIA Carlson Rezidor has announced plans to open the Radisson Blu Olympiysky Hotel in Moscow.

Strongest H1 since crunch

WORLD Global commercial real estate investment reached USD 407 bln in the first half of the year, the strongest first half since 2007, according to the latest research from global property advisor CBRE Group.

Investment & finance

Hotel Moskva sold

RUSSIA Russian multimillionaire Suleyman Kerimov has sold The Four Seasons Hotel near Red Square in Moscow to two businessmen, Yuri and Alexey Khotyn, according to Russian daily RBK.

Get to know the Eurobuild Awards 2015 Nominees

Get to know the Eurobuild Awards 2015 Nominees

Strabag to work on S6

POLAND Strabag is to build a 24 km section of the S6 road in northern Poland.

Office & mixed-use development

Alpha fills up

POLAND Another two companies have leased space in the Alpha building of the Eurocentrum office complex on Al. Jerozolimskie in Warsaw.

Office & mixed-use development

Sopra Steria stays in Altus, Katowice

POLAND IT services company Sopra Steria Polska has renewed its lease of around 4,100 sqm in the Altus office building in Katowice.

Investment & finance

Skanska sells Corso Court to Invesco

CZECH REPUBLIC Swedish developer Skanska has sold its 17,200 sqm gla Corso Court building in Prague to the investment fund manager Invesco Real Estate for EUR 55 mln.

Investment & finance

Immofinanz sells EUR 536 mln warehouse portfolio to Blackstone

EUROPE Immofinanz has signed a contract to sell its entire logistics portfolio to Blackstone.