PL

News

Retail & leisure

Galeria Neptun filling up

schedule 03 March 2015
Nathan North
deputy editor

POLAND New tenants have taken up more than 1,200 sqm the Galeria Neptun shopping centre development in Starogard Gdański.

Retail & leisure

Tesco closes down more CEE stores

schedule 02 March 2015
Agata Kłapeć

CEE REGION British grocer Tesco is shutting down six Polish stores located in Bydgoszcz, Kudowa-Zdrój, Legionowo, Ostrowiec Świętokrzyski, Gniew and Nowe as the troubled retailer continues to cut costs in Europe.

Good year for hotel investors in Europe

schedule 02 March 2015
Rafał Ostrowski
journalist

EUROPE In 2014, hotel investment volumes across Europe and the Middle East have increased 30 pct compared to 2013, CBRE reports.

Investment & finance

Trinfico completes Airportcity purchase

schedule 02 March 2015
Rafał Ostrowski
journalist

RUSSIA A subsidiary of the Trinfico Investment Group-managed private Russian pension fund Blagosostoyanie has completed the EUR 70 mln acquisition of two buildings located within the Airportcity business centre in St Petersburg.

Office & mixed-use development

BPO tenants drive office demand on local markets

schedule 02 March 2015
Eurobuild CEE

POLAND In 2014, international business services centers leased 268,000 sqm of space on the major Polish markets outside Warsaw, which accounted for more than 60 pct of total demand for office space on the biggest regional markets in the country, says JLL.

Hotels

New hotels in Mercure portfolio

schedule 02 March 2015
Tomasz Szpyt-Grzegórski

POLAND By the end of H1 2015, two TriCity hotels will join the Mercure group.

Warehouse & industrial

Dedra to stay in Pruszków logistics park

schedule 02 March 2015
Tomasz Szpyt-Grzegórski

POLAND Machine tool manufacturer Dedra Exim has renewed its app. 10,000 sqm lease agreement in the MLP Pruszków I logistic park near Warsaw.

Retail & leisure

Costa Coffee diversifies and expands locations

schedule 26 February 2015
Eurobuild CEE

POLAND British coffee shop operator Costa Coffee is set to open three new Polish locations in February.

Residential

Competition authorities give green light to Ursus project

schedule 02 March 2015
Tomasz Szpyt-Grzegórski

POLAND Polish Office of Competition and Consumer Protection (UOKiK) has approved the foundation of a company that will develop a post-industrial area in Warsaw’s Ursus district.

Residential

White Stone develops in Warsaw’s Wilanów

schedule 02 March 2015
Ewa Andrzejewska

POLAND Zora Wilanów residential building is currently being developed at the junction of ul. Józefa Teodorowicza and ul. Herbu Szreniawa in Warsaw’s Wilanów district by White Stone Development. The construction work on the project designed by Biuro KAPS Architekci is planned to be completed at the end of 2016.

Green projects

Budapest office project now BREEAM-certified

schedule 02 March 2015
Agata Kłapeć

HUNGARY Union Investment Real Estate-owned and AIG/Lincoln-managed Krisztina Palace office building in Budapest has been awarded BREEAM In-Use certification with ’Very Good’ rating in the asset and building management categories.

New retail park to open in Kamienna Góra

schedule 27 February 2015
Tomasz Szpyt-Grzegórski

POLAND Gliwice-based developer P.A. Nova has received a PLN 37.5 mln financing for a retail park which is being developed on the post-industrial area of Kamienna Góra.

Construction

Jelenia Góra mall topped off

schedule 27 February 2015
Aneta Cichla

POLAND “We have just reached another milestone in the Nowy Rynek project. The building is in its lockup stage,” Zygmunt Chyla, the president of the board at TK Development in Poland, said about the topping off ceremony which took place at the construction site where Jelenia Góra’s Nowy Rynek shopping mall is currently being developed.

Warsaw Chopin Airport gets PLN 600 mln

schedule 27 February 2015
Tomasz Szpyt-Grzegórski

POLAND Bank Pekao and Przedsiębiorstwo Porty Lotnicze (PPL) have signed a contract on the financing of the extension of the Warsaw Chopin Airport. The planned work will be financed with the support of a PLN 600 mln bond issue, with the final redemption date set for 2022, arranged by the Bank.

Office & mixed-use development

25,500 sqm complex to open in Odessa

schedule 27 February 2015
Rafał Ostrowski
journalist

UKRAINE Ukrainian investment and construction company Kadorr Group is planning to open a 25,500 sqm mixed-use project in the historical part of Odessa.

Technology

Google to build “adaptable” greenhouse-like headquarters

schedule 27 February 2015
Agata Kłapeć

UNITED STATES Technology giant Google is set to radically redevelop its four Mountain View office sites. The company has just submitted its bold plans which assume the creation of “lightweight block-like structures which can be moved around easily” with large canopies covering each site and “controlling the climate inside yet letting in light and air” to the Mountain View City Council.

Budimex wins PLN 100 mln contract

schedule 27 February 2015
Tomasz Szpyt-Grzegórski

POLAND Budimex has signed a PLN 96.5 mln contract on the construction of the Drewnica Masovian District Hospital in Ząbki near Warsaw.

Investors show increased appetite for regional offices

schedule 27 February 2015
Rafał Ostrowski
journalist

POLAND Last year office investment volumes in the major Polish markets, exclusive of Warsaw, exceeded EUR 440 mln, reaching the highest level ever recorded, according to JLL.

Hotels

Von der Heyden Group to develop Gdańsk hotel

schedule 27 February 2015
Rafał Ostrowski
journalist

POLAND Von der Heyden Group plans on renovating three historical semi-detached tenement houses located at the heart of Gdańsk in order to convert them into the IBB Blue Hotel.

Investment & finance

Slovak property investment volumes hit record high

schedule 26 February 2015
Agata Kłapeć

SLOVAKIA In 2014, the real estate investment activity in Slovakia increased to over EUR 610 mln, the highest level since 2005, says JLL.

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