News

Forpepe House opens in CH Max

POLAND A Forpepe House store has opened in the Max shopping centre in Tarnów. The new outlet of the chain, which has an area of 900 sqm, offers household appliances, toys, stationery, cosmetics, women’s, men’s and children’s clothing, footwear and underwear.

Improved sales results for Inpro

POLAND Residential developer Inpro has published its sales results for H1 2015.

Residential

Apartments for Rent moves closer to Warsaw

POLAND The state-run Apartments for Rent Fund (Fundusz Mieszkani na Wynajem) has purchased its third residential project, on ul. gen. mjr Jana Grochowskiego 5 in Piaseczno on Warsaw’s southern outskirts.

Hotels

UBM to develop new Warsaw hotel

POLAND UBM Poland is planning to build a new hotel in central Warsaw. The 16-storey property is set to be erected at the junction of ul. Żelazna, ul, Twarda nad ul, Złota.

Investment & finance

Tristan newest fund raises EUR 1.5 bln

EUROPE London-based property fund manager Tristan Capital Partners has seen the fastest capital raising in the company’s six-year history as its fundraising hard cap hit EUR 1.5 bln for the EPISO 4 value-add fund in "just four months of marketing."

Marriott to open in Kaliningrad

RUSSIA A 150-room Marriott hotel is to be developed in Kaliningrad as part of the 2018 FIFA World Cup preparations, according to a concept presented by the city authorities.

US tenant signs 13,000 sqm Bielsko-Biała renewal

POLAND Electrical Components International, the US-based provider of wire harnesses, sub-assemblies and assembly services for white good producers, has extended its lease of the CB Development-owned 13,000 sqm production hall in Bielsko-Biała.

Investment & finance

Praga Południe property to be revamped

POLAND Polish tenement house revitalization company 2C Partners has bought a 595 sqm residential building located at ul. Mińska 14 in Warsaw’s Praga Południe district.

Construction

Belgrade Plaza given green light

SERBIA Shopping centre developer Plaza Centers has received building permit for Belgrade Plaza, a 32,000 sqm gla shopping mall that is planned to be built on Visnjicka street in the old part of Belgrade.

Eurobuild Awards

Who will win the award for the: Investor of the Year, CEE?

Office & mixed-use development

Satoria to build another Wola office building

POLAND Hotel chain owner and manager Satoria Group is to develop a new office building.

Residential

Spirala Czasu closer to construction launch

POLAND Construction work on Archicom’s latest residential project, Spirala Czasu, is to start at the end of September or early October.

Residential

LW Development begins Rezydencja Warszawska

POLAND LW Development has started the construction of a residential project in Piastów on Warsaw’s western outskirts.

Retail & leisure

PH Bielany to become Aleja Bielany

POLAND IKEA Centers Poland, the owner of Park Handlowy Bielany in Wrocław, has decided to change the name of the mall and retail park complex.

Retail & leisure

Galeria Morena 80 pct leased

POLAND With the signing of contracts with three new tenants – H&M, Smyk and Subway – Galeria Morena in Gdańsk is now 80 pct leased.

Who will win the award for the: Investor of the Year, CEE?

Kyiv office supply drops below 2009 crisis levels

UKRAINE The level of completions on the Kyiv’s office market this year is expected to amount to 36,100 sqm and be twice as low as the crisis year of 2009 (84,100 sqm) and three times less than in 2014, according to a report by JLL.

Coffeeheaven ceases to exist

POLAND CHI Polska (Coffeeheaven International Poland), a Polish subsidiary of the Costa Coffee chain operator Whitbread, has changed its name to Costa Coffee Polska.

Office & mixed-use development

Aviva to relocate to Gdański Business Center

POLAND Insurance group Aviva has leased 12,500 sqm in the Gdański Business Centre II office complex, which is currently being developed by HB Reavis in Warsaw's Muranów district.

Office & mixed-use development

Skandia stays in Helion

POLAND Insurance company Skandia Życie Towarzystwo Ubezpieczeń has prolonged its 2,500 sqm lease agreement in the Helion office building in Warsaw’s Mokotów district for the next five years.