News

Investment & finance

Czech Republic tops Q1 investment volumes

CEE REGION According to JLL’s preliminary estimates, Q1 2015, the total volume of investment transactions finalised on the commercial real estate markets in the CEE region reached EUR 1.44 bln in Q1 2015.

Eurobuild Awards 2015 – Starting from the beginning

Office & mixed-use development

Samsung finalizes Warsaw Spire lease

POLAND Samsung has decided to lease the Warsaw Spire offices. The months-long negotiations have been successfully completed yesterday. Samsung will take up 21,082 sqm of space in the Ghelamco complex which is currently being developed in Warsaw’s Wola district.

Seven new members on Echo’s supervisory board

POLAND Seven people are to sit on Echo Investment’s new supervisory board, after an extraordinary general meeting of the company’s shareholders that passed a resolution to replace all the present members of the developer’s supervisory board.

Bydgoszcz station topped off

POLAND After less than eleven months of construction work on Bydgoszcz’s main railway station, it has been topped off.

Residential

Final stage of Panorama Park under construction

POLAND FB Antczak has started the construction of the final building, ‘F’, of the Panorama Park estate in Kościelnia Wieś near Kalisz.

Office & mixed-use development

Norman Foster skyscraper to be built in Warsaw

POLAND Slovak developer HB Reavis is planning to start the construction of an office tower in Warsaw in 2016.

Warehouse & industrial

P3: e-commerce to spur demand for CEE warehouses

CEE REGION Last year, P3 Logistic Parks has built seven new industrial facilities in Central and Eastern Europe, leased 144,552 sqm of commercial space and renegotiated 103,820 sqm lease agreements in the region. Now the company expects both the fast-growing e-commerce market and the overall economic recovery in Europe to become key drivers for its further CEE growth.

H&M enters Buda mall

HUNGARY Swedish fashion merchant H&M has leased over 1,700 sqm of retail space in the Mammut II shopping centre in Budapest.

Residential

Zuckermandel first stage selling out

SLOVAKIA J&T Real Estate has sold 80 pct of its Zuckermandel residential project under Bratislava Castle Hill in the first two weeks since the apartments were offered to buyers.

Warehouse & industrial

Segro breaks the million barrier

CEE REGION In Q1 2015 Segro’s Polish portfolio exceeded 1 mln sqm with the completion of a 30,000 sqm logistics centre for Volkswagen Group Polska in Segro Logistics Park Poznań, Komorniki.

Office & mixed-use development

Three WTT leases signed

POLAND Three tenants, Avanssur, MSD and Connect, have recently signed up for space in Warsaw Trade Tower (WTT) in Warsaw’s Wola district.

Investment & finance

Investor found for Złote Tarasy office buildings

POLAND A large European investor has been offered an exclusive right to purchase the Skylight and Lumen office buildings which form part of Warsaw's Złote Tarasy retail and office complex.

Construction

Budimex to build another Silesia Star stage

POLAND Budimex has signed a PLN 61.5 mln general contractor agreement with LC Corp on the second, 13,000 sqm office building that is set to be developed within the two-building Silesia Star office complex in Katowice.

Construction

Eiffage to work for HM Inwest

POLAND Eiffage Polska Budownictwo has signed an over PLN 24 mln net contract to erect a residential building on ul. Pułaskiego in Katowice.

Warehouse & industrial

ILS grows strong in Śląskie Centrum Logistyczne

POLAND ILS has leased an additional area of over 3,000 sqm in Śląskie Centrum Logistyczne. The company, which belongs to the Inter Cars group, will occupy a total of 7,500 sqm in the complex, owned by Biuro Inwestycji Kapitałowych.

Retail & leisure

Galeria Sudecka to open on April 29th

POLAND Galeria Sudecka, which has been built on the site of the former Echo shopping centre in Jelenia Góra, is to open its doors to customers on Wednesday, April 29th.

Łazienkowski to be ‘passable’ by the end of October

POLAND The Municipal Road Authority signed a contract with a consortium made up of Bilfinger Infrastructure and Przedsiębiorstwo Usług Technicznych Intercor for the renovation of the fire-damaged Łazienkowski bridge in Warsaw.

Office & mixed-use development

Manager for Dubois 41

POLAND Nacarat, the owner of the Dubois 41 office building in Wrocław, has chosen a manager for the project.

Office & mixed-use development

PKO needs more Oxygen

POLAND PKO Bank Polski has prolonged its lease of almost 750 sqm of office space in the Oxygen office building in Szczecin