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News

Warehouse & industrial

Panattoni launches latest Łódź project

schedule 05 February 2015
Tomasz Szpyt-Grzegórski

POLAND Mirbud is to construct a warehouse for Panattoni to form part of Panattoni Park Business Center Łódź II.

Hotels

Three-star Petropol joins Best Western chain

schedule 05 February 2015
Ewa Andrzejewska

POLAND The Petropol hotel in Płock, which has recently undergone major renovations, will now operate under the Best Western brand.

Media Expert in Millenium Hall

schedule 05 February 2015
Ewa Andrzejewska

POLAND A Media Expert store is to be opened on Thursday in the Millenium Hall shopping centre in Rzeszów.

Residential

Wawel Service selling more each year

schedule 05 February 2015
Ewa Andrzejewska

POLAND Wawel Service sold 255 apartments in Kraków and Warsaw in 2014 (in developer agreements signed, excluding reservations).

LafargeHolcim to sell off EUR 6.5 bln assets to CRH

schedule 04 February 2015
Agata Kłapeć

CEE REGION Two merging cement and aggregates suppliers Holcim and Lafarg aim to sell EUR 6.5 bln assets, including plants and other facilities, to the Irish building materials company CRH. These will include Holcim's assets in Hungary, Serbia and Slovakia, as well as Lafarge's properties in Romania.

Warehouse developers pleased with 2014

schedule 04 February 2015
Tomasz Szpyt-Grzegórski

CEE REGION Last year was a very good one for the two largest warehouse developers in the region. In 2014 Panattoni and Prologis built 650,000 sqm of warehouse space in total.

Hotels

Starwood keeps growing in CEE

schedule 04 February 2015
Agata Kłapeć

CEE REGION In 2014, the US hotel giant Starwood, which operates such chains as Westin, Sheraton, Le Meridien, St. Regis, Aloft and W, has opened 74 new hotels worldwide which translated into app. 15,000 rooms in 26 countries. The company now aims to keep up with the pace of openings by adding, among others, new CEE locations to its portfolio.

Vacancy may top 2009 levels

schedule 04 February 2015
Rafał Ostrowski
journalist

RUSSIA In H1 2015 vacancy levels on the Moscow office market could reach 19–20 pct, that is, the peak levels of the 2008/2009 crisis, according to the latest CBRE report.

Investment & finance

CA Immo disposes of two office projects

schedule 04 February 2015
Agata Kłapeć

HUNGARY/ BULGARIA CA Immo has sold two small office assets: the 8,000 sqm gla Europark office building in Sofia and the 6,400 sqm Buda Business Center office building in Budapest, for EUR 17 mln.

Green projects

A4 Business Park lands two BREEAMS

schedule 04 February 2015
Nathan North
deputy editor

POLAND Two BREEAM certificates have been awarded to Echo Investment’s A4 Business Park in Katowice.

Office & mixed-use development

Hagibor Office Building goes bust

schedule 04 February 2015
Nathan North
deputy editor

CZECH REPUBLIC The owners of the Hagibor Office Building in Prague-Strašnice have filed for insolvency.

Warehouse & industrial

Work begins on Poznań Airport Logistics Centre

schedule 04 February 2015
Agata Kłapeć

POLAND Construction work has started on the first, 16,000 sqm warehousing building of Goodman’s Poznań Airport Logistics Centre.

Investment & finance

BPT Optima sells Young City site and Baltic assets

schedule 04 February 2015
Nathan North
deputy editor

POLAND/BALTIC STATES BPT Optima, a fund managed by Northern Horizon Capital, has agreed to sell seven office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipėda, totalling app. 112,000 sqm of leasable space, as well as the large-scale Young City urban regeneration site on the Gdańsk waterfront, including the historic former shipyard.

Retail & leisure

Gemini Park Tychy in starting blocks

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Gemini Holding is gearing up for the launch of the construction work on the Gemini Park Tychy shopping centre, while the commercialization of the 36,000 sqm gla project is now in progress.

Retail & leisure

New tenants in HopStop Zamość Sadowa

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Four new companies signed lease agreements for retail space in the HopStop Zamość Sadowa retail park that is currently being developed in Zamość.

Piotr i Paweł expands in Kraków

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Piotr i Paweł delicatessen chain has opened its second location in Kraków at the end of January.

Retail & leisure

Vacancy rate in Moscow malls almost triples

schedule 03 February 2015
Rafał Ostrowski
journalist

RUSSIA The average vacancy rate in Moscow shopping centres reached 7 pct at the end of the last year compared to 2.6 pct in 2013, CBRE reports.

Property and Facility Management

SB Property PM for most of REICO portfolio

schedule 03 February 2015
Nathan North
deputy editor

CZECH REPUBLIC SB Property Services has been appointed as the property manager of the majority of the portfolio of Česká spořitelna’s real estate subsidiary Reico.

Office & mixed-use development

Westwing takes up 1,000 sqm in Spektrum

schedule 03 February 2015
Nathan North
deputy editor

POLAND Home furnishings e-retailer Westwing Home & Living Polska has leased 1,000 sqm of office space in Spektrum Tower in Warsaw.

Retail & leisure

Step forward for Galeria Sudecka retail park

schedule 03 February 2015
Nathan North
deputy editor

POLAND The environmental permit has been obtained for a Leroy Merlin DIY supermarket being developed as part of the first stage of the development of a retail park around Galeria Sudecka in Jelenia Góra.

Edition 10 (292) September 2024

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