PL

News

Etalon completes 578-apartment building

schedule 26 February 2015
Rafał Ostrowski
journalist

RUSSIA Etalon Group has delivered a residential building and a parking garage at its Swallow’s Nest project in St. Petersburg’s Nevsky district.

CA Immo and O1 Group to buy 15 pct Immofinanz stake

schedule 26 February 2015
Rafał Ostrowski
journalist

EUROPE CA Immobilien Anlagen and O1 Group are considering the joint acquisition of a 15 pct stake in Immofinanz AG.

Investment & finance

Cushman & Wakefield to be sold off?

schedule 26 February 2015
Agata Kłapeć

WORLD Real estate agent Cushman & Wakefield is being put up for sale in the face of growing property prices and competition, according sources cited by the World Street Journal. The company’s majority owner has reportedly hired Goldman Sachs and Morgan Stanley to find buyer for its stake.

Office & mixed-use development

New Class A office building in Kaunas

schedule 26 February 2015
Anna Pakulniewicz

LITHUANIA SBA Concern will develop an office building project in the former capital city of Lithuania.

Investment & finance

Kapelanka goes green and golden

schedule 26 February 2015
Rafał Ostrowski
journalist

POLAND The Kapelanka 42 office complex which was developed by Skanska Property Poland in Kraków has been awarded LEED Core&Shell certificate with ‘Gold’ rating.

O1 raises its stake in CA Immo to 26 pct

schedule 26 February 2015
Rafał Ostrowski
journalist

EUROPE Russian investment holding O1 Group has increased its stake in the Austrian commercial real estate investor CA Immo from 16.1 pct to 26 pct.

Residential

Fadesa to construct Wrocław apartments

schedule 26 February 2015
Aneta Cichla

POLAND Fadesa Polnord Polska has started the construction of its new residential project in Wrocław’s Krzyki district, Apartamenty Innova.

Office & mixed-use development

Nordea expands in Łódź

schedule 26 February 2015

POLAND Stockholm-based financial group Nordea has extended its 1,800 sqm lease agreement for space in the Łódź 1 office building by 1,000 sqm.

Office & mixed-use development

Concept for Warsaw’s Pollena revealed

schedule 26 February 2015
Tomasz Szpyt-Grzegórski

POLAND Okam has presented a new architectural design for the revitalization of Pollena, the 19th-century cosmetics factory located in Warsaw’s Praga district.

Residential

Next, greener phase of Modřanský Háj

schedule 25 February 2015
Anna Pakulniewicz

CZECH REPUBLIC Avestus Real Estate is planning to start the construction of the next phase of the Modřanský Háj residential complex in Prague 4 this year.

Ronson to spend PLN 50 mln on land

schedule 25 February 2015
Agata Kłapeć

POLAND Ronson is planning to spend a total of PLN 50 mln on extending its land bank in 2015. The residential developer, which has already concluded a PLN 21 mln preliminary agreement on the purchase in Warsaw’s Wola district this year, is mostly interested in the Warsaw market.

Construction

New contractor for Warsaw Chopin Airport hotel

schedule 25 February 2015
Tomasz Szpyt-Grzegórski

POLAND Consortium of Porr Polska and Porr Bau GmbH has won a PLN 138 mln tender to construct a five-star Renaissance hotel located at Warsaw Chopin Airport. The construction work on teh hotel is to be completed by the summer of 2016.

Investment & finance

Prosperus Real Estate Fund I buys North Star

schedule 25 February 2015
Anna Pakulniewicz

LITHUANIA Real estate company MG Valda has sold its shares in BCU2, the owner of the North Star business center in Vilnius, to the real estate investment fund Prosperus Real Estate Fund I.

Office & mixed-use development

Capgemini in Silesia Business Park

schedule 25 February 2015
Anna Pakulniewicz

POLAND Capgemini Poland has signed a lease agreement for around 5,600 sqm of space in the Silesia Business Park office complex, which is currently being developed by Skanska in Katowice.

Hotels

Ibis to open in Riga

schedule 25 February 2015
Anna Pakulniewicz

LATVIA Polish hotel operator Orbis will open an Ibis-branded hotel in Riga at the end of 2016.

Office & mixed-use development

Łódź’s Green Horizon gets hotter

schedule 25 February 2015
Tomasz Szpyt-Grzegórski

POLAND Spices manufacturer and distributor McCormick has opened its EMEA shared service centre in Łódź. The US company will take up 1,170 sqm of space in the Green Horizon office building located on ul. Pomorska.

Retail & leisure

Plejada retains important tenant

schedule 25 February 2015
Aneta Cichla

POLAND St Martins Property, the owner of the 20,000 sqm Plejada shopping centre in Sosnowiec, has prolonged a 1,800 sqm lease agreement with H&M.

Retail & leisure

LPP keeps expanding internationally

schedule 25 February 2015
Eurobuild CEE

POLAND/ WORLD Polish fashion retail group LPP, which operates such brands as Reserved, Mohito and Sinsay, aims to open “at least” several dozen franchised stores across the Middle East over the next five years.

Investment & finance

Segro posts 72 pct revenue drop in Poland

schedule 25 February 2015
Agata Kłapeć

CEE REGION In its last financial year, Segro has seen its Central European portfolio growing by 5.9 pct y-o-y, while the UK-based warehouse developer’s revenues from the Polish business fell by app. 72 pct, to GBP 8.2 mln, as compared to GBP 30.1 mln in 2013.

Karmar wins Solec contract

schedule 25 February 2015
Tomasz Szpyt-Grzegórski

POLAND Construction company Karmar has signed a contract on erecting a mixed-use building in Warsaw’s Solec area. The project’s investor is Projekt Sawa Solec Residence.

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