News

Office & mixed-use development

First stage of Business Garden Poznań finished

schedule 09 April 2015
Nathan North
managing editor

POLAND The first phase of the Business Garden office complex in Poznań has now been completed. Four buildings are now ready in the complex, situated at the junction of ul. Marcelińska and ul. Bułgarska in Marcelin district, comprising 42,000 sqm of office and retail space.

Property and Facility Management

CBRE wins race for Sukcesja

schedule 09 April 2015
Aneta Cichla

POLAND Fabryka Biznesu, the investor behind the Sukcesja shopping centre development in Łódź, has chosen CBRE to manage the mall.

Investment & finance

Bucharest office project gets EUR 30 mln loan

schedule 09 April 2015
Agata Kłapeć

ROMANIA JLL has helped to secure EUR 30 mln financing for Atenor Group’s Hermes Business Campus office complex in Bucharest. The funds were provided by a local bank.

Echo secures plots for construction of DIY store

schedule 09 April 2015
Aneta Cichla

POLAND Echo Investment, which is developing Galeria Sudecka in Jelenia Góra, purchased a property which is located north-east of the newly-built centre.

Deflation “not so bad” (for tenants)

schedule 09 April 2015
Aneta Cichla

POLAND Deflation could have an influence on rent rates. In combination with the increasing supply of new commercial space it could contribute to the strengthening of the position of tenants in rent negotiations.

Wawel Service raises PLN 11 mln for land purchases

schedule 09 April 2015
Aneta Cichla

POLAND The Wawel Service group has completed a PLN 11 mln bond issue.

Investment & finance

Cooperation on Spichrzów Island sealed

schedule 09 April 2015
Aneta Cichla

POLAND Representatives of the city of Gdańsk and of the consortium of Immobel and Multibud W. Ciurzyński have signed a public private partnership agreement for the development of the northern tip of the Wyspa Spichrzów island in the city – a project that has already been announced.

Immofinanz board warns shareholders of CA Immo/O1 bid

schedule 09 April 2015
Nathan North
managing editor

EUROPE Immofinanz’s executive board has recommended non-acceptance of CA Immo/O1’s partial public offer of EUR 2.80 per Immofinanz share, claiming that this is “not in the interests of all shareholders.”

HB Reavis raises EUR 40 mln

schedule 09 April 2015
Nathan North
managing editor

SLOVAKIA HB Reavis Group has closed its first transaction of unsecured bond issue in Slovakia by raising EUR 40 mln.

Office & mixed-use development

Quadro Office to be built in Poznań

schedule 09 April 2015
Aneta Cichla

POLAND Monday Development has started the construction of a small office building at the junction of ul. Bóżnicza and ul. Małe Garbary in Poznań.

Office & mixed-use development

New faces in Warsaw Spire

schedule 09 April 2015
Tomasz Szpyt-Grzegórski

POLAND Construction firm Bilfinger HSG Facility Management construction has leased 1,700 sqm in the Warsaw Spire.

Retail & leisure

MS Budownictwo to build Inbag

schedule 09 April 2015
Aneta Cichla

POLAND An Inbag retail park is to be built in Szamotuły in Wielkopolska. The launch of the construction work, on the site of the town’s former bus station on ul. Nowowiejskiego, is scheduled for mid-April with the official opening expected in the autumn.

Moscow rents fall by 20 pct in Q1 alone

schedule 08 April 2015
Rafał Ostrowski
journalist

RUSSIA The Moscow office market has experienced a sharp decline in asking rents, according to the latest Moscow Office Market report by CBRE.

Retail & leisure

Mall extensions dominate Polish retail market

schedule 08 April 2015
Rafał Ostrowski
journalist

POLAND Shopping centre extensions dominated the retail space supply in Poland in the first quarter of 2015, according to the latest report by JLL.

Retail & leisure

Mango opens largest Kyiv store

schedule 08 April 2015
Rafał Ostrowski
journalist

UKRAINE Spanish fashion retailer Mango has opened its megastore in Kyiv.

Construction

Foundation stone laid for Budapest’s Nordic Light

schedule 08 April 2015
Agata Kłapeć

HUNGARY Skanska has held the cornerstone ceremony for the Nordic Light office complex in Budapest, its seventh project in the city.

Retail & leisure

Bucharest retail park remodelled

schedule 08 April 2015
Agata Kłapeć

ROMANIA Liebrecht & Wood Group is redeveloping its 74,500 sqm gla West Park retail property located in the western part of Bucharest.

Erbud given Wrocław job

schedule 08 April 2015
Tomasz Szpyt-Grzegórski

POLAND Construction company Erbud has been awarded a contract for the construction of an office and services project in Wrocław.

Robyg shareholders sell up

schedule 08 April 2015
Aneta Cichla

POLAND A total of more than 20 pct of Robyg’s shares have been sold by Nanette Real Estate Group and Lbpol William II.

Retail & leisure

Carrefour in Gdańsk to undergo renovations

schedule 08 April 2015
Aneta Cichla

POLAND At the beginning of April, Carrefour Polska is to start work on the redevelopment and modernisation of a Carrefour hypermarket in Galeria Morena in Gdańsk.

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