News

Wyborowa extends Zielona Góra complex

schedule 09 July 2015

POLAND Wyborowa Pernod Ricard has expanded its logistics complex in Zielona Góra. The company has opened a new 3,000 sqm warehouse section, bringing its total area up to 12,000 sqm.

Dom Development sells more than 1,000 apartments in H1

schedule 09 July 2015
Tomasz Szpyt-Grzegórski

POLAND In H1 2015 Dom Development found buyers for 1,065 residential units, with 467 being sold in Q1 and 598 in Q2. This represents a growth of 20 pct on the same period in 2014.

Hotels

Ibis Styles Bielsko-Biała opens after renovations

schedule 09 July 2015
Aneta Cichla

POLAND Ibis Styles in Bielsko-Biała re-opened on July 1st after a PLN 1.5 mln refurbishment of the communal areas and the façade.

Retail & leisure

Oxygen Park almost fully leased

schedule 13 July 2015
Rafał Ostrowski
journalist

POLAND As a result of three recent leases the occupancy rate in Yareal’s Oxygen Park office park in Warsaw has increased to over 90 pct.

Retail & leisure

Valad signs record lease with Auchan

schedule 13 July 2015
Nathan North
managing editor (English section)

POLAND Valad Europe has finalised seven leases with French hypermarket chain Auchan and one lease with Auchan-affiliated company Schiever Polska – a total of 170,000 sqm from assets in the Valad Polish Retail Fund (VPRF) and the largest Polish retail letting so far this year.

Office & mixed-use development

New City in Warsaw obtains BREEAM

schedule 13 July 2015
Rafał Ostrowski
journalist

POLAND The New City office complex on ul. Marynarska in Warsaw has been awarded a BREEAM In-Use certificate in the ‘asset’ and ‘building management’ categories at the ‘Excellent’ level.

Investment & finance

CA Immo buys out joint portfolio with EBRD for EUR 500 mln

schedule 10 July 2015
Rafał Ostrowski
journalist

EUROPE Property Group CA Immo has bought out the remaining 35 pct share of a portfolio of offices located in Central and Eastern Europe for EUR 60 mln from its joint venture partner the European Bank for Reconstruction and Development (EBRD).

Hotels

Unibep to finish Moscow Hilton by end of the year

schedule 10 July 2015
Rafał Ostrowski
journalist

RUSSIA Polish general contractor Unibep is planning to complete the construction of the EUR 78 mln Doubletree by Hilton Vnukovo Airport in Moscow by the end of this year.

BIN Group to invest USD 1.2 bln in Skolkovo

schedule 10 July 2015
Rafał Ostrowski
journalist

RUSSIA Over the next five years, BIN Group, which is owned by the billionaire Shishkhanov and Gutseriev families, is planning to invest app. USD 1.2 bln in the development of 700,000 sqm of real estate in Skolkovo near Moscow.

Retail & leisure

Nine new brands in Factory Ursus

schedule 10 July 2015
Aneta Cichla

POLAND New brands are to feature in the extended section of the Factory Ursus outlet centre in Warsaw. The tenants include Digel, Vero Moda, Mustang, Geox, Smyk, Elbrus, Empik, Rossmann and Sfinks.

Vantage contracts Erbud

schedule 10 July 2015
Tomasz Szpyt-Grzegórski

POLAND A subsidiary of the Vantage Development group has commissioned Erbud to construct a mixed-use building in Wrocław.

Warehouse & industrial

Goodyear stays in Tarnów

schedule 10 July 2015
Aneta Cichla

POLAND US tyre manufacturer Goodyear Dunlop Tires Operations has prolonged its lease in Centrum Logistyczne T.C. Dębica in Tarnów.

PZU provides mortgage security for Warsaw Breweries

schedule 10 July 2015
Tomasz Szpyt-Grzegórski

POLAND PZU has established mortgages for the plots of the former Warsaw Breweries (Browary Warszawskie).

Construction

Skanska starts building HellermannTyson plant

schedule 10 July 2015
Aneta Cichla

POLAND The first hole has been dug on the construction site of a HellermannTyson production plant in Kotunia, in Słupca borough in Wielkopolska.

Investment & finance

Mitiska buys Młyn Retail Park

schedule 10 July 2015
Nathan North
managing editor (English section)

POLAND Helical Poland has sold the Młyn Retail Park in Wroclaw to Belgian fund Mitiska REIM.

Investment & finance

Europa buys Hadovka on Evropska

schedule 10 July 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC Europa Capital has completed the acquisition of Hadovka Office Park in Prague 6 for its pan-European investment fund, Europa Fund IV for EUR 43 mln.

Construction

Karmar signs PLN 70 mln contract with Polpharma

schedule 10 July 2015
Ewa Andrzejewska

POLAND Polpharma has selected Karmar to be the general contractor for a PLN 70 mln production and logistics project in Duchnice near Warsaw.

Warehouse & industrial

Goodman signs up three tenants for Toruń Logistics Centre

schedule 09 July 2015
Rafał Ostrowski
journalist

POLAND Goodman has signed three lease contracts for a total of 50,300 sqm of warehouse space at the Goodman Toruń Logistics Centre.

Slow H1 on the investment market

schedule 09 July 2015
Rafał Ostrowski
journalist

POLAND Investment volumes on the Central and Eastern European property market (excluding Russia) reached EUR 2.73 bln in the first half of the year, 8 pct down compared to 2.97 bln in H1 2014, according to the ‘Marketview’ report by CBRE.

Retail & leisure

Work progresses on EUR 180 mln Bucharest mall

schedule 09 July 2015
Agata Kłapeć

ROMANIA ParkLake, a 70,000 sqm gla shopping centre that is currently being developed in Bucharest, is set to open next year.

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