News

Russian investment at its lowest in decade

schedule 30 September 2015
Rafał Ostrowski
journalist

RUSSIA After three quarters of the year, the investment volume on the Russian real estate market stands at USD 1.72 bln, which is 35 pct below the same period last year and almost 15 pct below the same period in 2009 – the peak of the global financial crisis, according to JLL.

Retail & leisure

Hungarian retail market lures new brands

schedule 30 September 2015
Agata Kłapeć

HUNGARY 13 new retail brands have entered or are scheduled to enter the Hungarian market this year, up from six new entrants in 2014, says CBRE.

Investors and occupiers in gloomy mood

schedule 30 September 2015
Eurobuild CEE

POLAND The oversupply of space is weighing upon occupier and investment sentiment despite the economic strength of the country, according to the latest Poland Commercial Property Monitor for Q2 2015 by the RICS.

Office & mixed-use development

ABB takes up 10,000 sqm in Kraków

schedule 30 September 2015
Agata Kłapeć

POLAND ABB has leased app. 10,000 sqm of office space in the Axis building which is currently being developed by Skanska Property Poland in Kraków.

Investment & finance

New Panorama for Mint Investment

schedule 29 September 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC Deka Immobilien has sold the Panorama Business Center in Prague 2 to local property group Mint Investment for around EUR 15 mln.

Construction

Panorama modernization finished

schedule 29 September 2015
Ewa Andrzejewska

POLAND The EUR 7 mln modernization of the Panorama shopping mall in Poznań has completed.

Office & mixed-use development

Five lease more than 5,000 sqm in Polus Towers

schedule 29 September 2015
Nathan North
managing editor (English section)

SLOVAKIA Four companies have move into space currently being refurbished in the Polus Towers office buildings in Bratislava.

Vivo! Stalowa Wola fills up

schedule 18 September 2015
Eurobuild CEE

POLAND Immofinanz has signed six new tenants for the VIVO! Stalowa Wola shopping mall that the company currently develops in Stalowa Wola together with Acteeum Group.

Office & mixed-use development

Immofinanz signs 21,000 sqm Bucharest deals

schedule 29 September 2015
Agata Kłapeć

ROMANIA Immofinanz has recently signed a total of 21,000 sqm of new office leases, renewals and extensions for five of its nine Bucharest office projects.

Retail & leisure

May Way moves into Galeria Kazimierz

schedule 27 September 2015

POLAND A May Way clothes store is to open in Galeria Kazimierz in Kraków over an area of nearly 800 sqm.

Office & mixed-use development

Universal to be demolished soon

schedule 27 September 2015
Tomasz Szpyt-Grzegórski

POLAND S+B Gruppe AG wants to start the demolition work on the Universal office building in central Warsaw in January. This will take a few months, with the work on the construction of the new building under the name of J 44 should start around mid-2016.

Interior design

Grupa Advertis designs Sono Idoni shop windows

schedule 27 September 2015
Ewa Andrzejewska

POLAND A Sono Idoni outlet has been opened in Stary Browar in Poznań. Its shop windows have been designed by Grupa Advertis.

Interior design

Things just got brighter

schedule 27 September 2015
Anna Pakulniewicz

POLAND Philips Lighting has opened its first light fittings showroom in Poland. It is locatedat ul. Duchnicka 3 in the Defabryka post-industrial area in Warsaw's Żoliborz district.

Residential

Wars in Soho

schedule 27 September 2015
Tomasz Szpyt-Grzegórski

POLAND SPS Construction has been chosen as the general contractor of the Wars building, which is to be developed as part of the Soho Factory project in Warsaw.

Consent for new Marvipol and Panattoni company

schedule 27 September 2015
Tomasz Szpyt-Grzegórski

POLAND The Office of Competition and Consumer Protection (UOKiK) has agreed to the establishment of a company by Marvipol and Panattoni for the development of warehouse projects in the Warsaw region.

Infrastructure

New skating rink in Stegny

schedule 29 September 2015
Rafał Ostrowski
journalist

POLAND Kraków-base architectural studio Kontrapunkt V-Projekt has released images of the modernisation project for Warsaw’s Stegny skating rink.

Retail & leisure

Forum Lviv opens

schedule 28 September 2015
Rafał Ostrowski
journalist

UKRAINE The 69,000 sqm Forum Lviv shopping centre has been opened. The mall, which is located in Lviv’s old town, has been developed by Multi Ukraine together with Ukrainina partners Galereja Сentre and Bud House Group.

Construction

Złota 44 terminates Inso contract

schedule 28 September 2015
Tomasz Szpyt-Grzegórski

POLAND BBI Development and Amstar, the owners of the Złota 44 residential project in Warsaw, have terminated the general contractor agreement with the Inso Sistemi Per Le Infrastructure Sociali. This is the second time that the Italian company has had to leave the construction site of the 192m tall residential skyscraper designed by Daniel Libeskind.

Office & mixed-use development

Belgrade Waterfront kicks off

schedule 28 September 2015
Agata Kłapeć

SERBIA Starwood has been chosen as the operator for a hotel planned within the app. USD 3 bln Belgrade Waterfront mixed-use regeneration scheme that is currently being developed by the Abu Dhabi-based real estate investor Eagle Hills in Serbia’s capital city.

Warehouse & industrial

Two deals for P3 in Žilina

schedule 28 September 2015
Nathan North
managing editor (English section)

SLOVAKIA Gefco has signed a new lease and DB Schenker has renewed and expanded its space in P3 Žilina, near the borders with Poland and the Czech Republic.

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