PL

News

CPI to invest in Polish retail projects

schedule 19 January 2015

CZECH REPUBLIC CEE investment and development company CPI Property Group aims to buy five retail assets in Poland for a total amount of app. CZK 500 mln (PLN 70 mln) as it sees retail investment opportunities in the Czech Republic dry up and turns its eyes towards the Polish market, reports the Hospodářské noviny daily.

Warehouse & industrial

Automotive tenant enters Budapest park

schedule 19 January 2015
Eurobuild CEE

HUNGARY Auto parts supplier Daejung has opened its first Hungarian, 4,700 sqm manufacturing facility within the Europolis Park Budapest M1 industrial and logistics park whose majority shareholder is the German developer CA Immo.

Retail & leisure

World’s first Avon Studio opens in Warsaw

schedule 19 January 2015
Aneta Cichla

POLAND The world’s first Avon Studio, a special store concept developed by the cosmetics manufacturer and retailer Avon, has opened in the Złote Tarasy shopping centre in Warsaw.

Retail & leisure

Inditex takes 5,600 sqm in Forum Radunia

schedule 19 January 2015
Aneta Cichla

POLAND Seven Inditex shops are to open in the Forum Radunia shopping centre that is currently being developed in Gdańsk.

Pilkington’s Szczecin factory to get larger

schedule 19 January 2015
Aneta Cichla

POLAND Korean NSG Group, the owner of Pilkington’s Polish companies, aims to extend the Pilkington IGP glass manufacturing plant in Szczecin.

Office & mixed-use development

Nuvalu to lease for Immofinanz

schedule 19 January 2015
Aneta Cichla

POLAND The Nuvalu consultancy has been granted an exclusive mandate for leasing two Warsaw office buildings, Crown Point and Crown Tower. Both properties belong to the Austrian developer Immofinanz Group.

Office & mixed-use development

Large mixed-use complex to be built in Lublin

schedule 19 January 2015
Tomasz Szpyt-Grzegórski

POLAND Centrum Zana Group is planning to build a 100,000 sqm office, services and residential complex on a 5-ha plot on al. Kraśnicka in Lublin. Between 10 to 20 new buildings are to be developed on the parcel which previously accommodated a public transit terminal.

2014 Moscow office rentals drop by 20 pct

schedule 19 January 2015
Rafał Ostrowski
journalist

RUSSIA The average headline rent on the Moscow Class A office market has decreased by 20 pct, to USD 650 per sqm a year, according to the preliminary 2014 results published by Knight Frank.

Russian investment market to hit 10-year low

schedule 19 January 2015
Rafał Ostrowski
journalist

RUSSIA Russian real estate investment volumes will not exceed USD 3 bln this year, which will equal the lowest level of the last 10 years, says JLL in its latest forecast.

Retail & leisure

Kyiv’s Respublika to open in May

schedule 19 January 2015
Rafał Ostrowski
journalist

UKRAINE Megapoliszhilstroi [Мегаполисжилстрой] plans on opening the Respublika mix-use centre in Kyiv in May 2015.

Office & mixed-use development

Wiśniowy Business Park obtains refinancing

schedule 16 January 2015
Rafał Ostrowski
journalist

POLAND A subsidiary of Polonia Property Found LP (Polonia I), managed by Peakside Capital, has received a EUR 62.6 mln loan from Bank Zachodni WBK to refinance the Wiśniowy Business Park complex in Warsaw’s Włochy district.

Office & mixed-use development

Yareal to break ground in Warsaw

schedule 16 January 2015
Tomasz Szpyt-Grzegórski

POLAND Yareal now has a legally binding building permit for the construction of the Neopark office complex in Warsaw. The construction work on the project is set to begin within this quarter.

Office & mixed-use development

Boutique office building to open in Lublin

schedule 16 January 2015
Aneta Cichla

POLAND Polish development company Nieruchomości Mieczysław Daniel plans on constructing Willowa 56, a 1,000 sqm boutique office building located on ul. Willowa in Lublin.

Warbud wins another contract on ul. Madalińskiego

schedule 16 January 2015
Tomasz Szpyt-Grzegórski

POLAND Warbud has signed a PLN 19.7 mln contract on the construction work associated with the modernization of the rooms, and the thermal modernization, of the A1 building of the public Holy Family Hospital (Szpital im. Świętej Rodziny) on ul. Madalińskiego in Warsaw.

Investment & finance

Atrium sells 177,000 sqm retail portfolio to Peakside

schedule 16 January 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Atrium European Real Estate has completed the sale of 72 small-format retail assets (supermarkets) located in the Czech Republic to a private client account managed by Peakside Capital Advisors for app. EUR 68.5 mln.

Construction

Piła’s Onyx has general contractor

schedule 16 January 2015
Aneta Cichla

POLAND Developer of the Onyx Business Point office building in Piła, PRESCO Group, has chosen Pil-Building as the general contractor of the project.

Technology

OK Glass, shop at Tesco

schedule 15 January 2015
Agata Kłapeć

UNITED KINGDOM Tesco’s in-house technology hub has developed and launched a shopping app that allows Google Glass users to browse products, view nutritional information, and scan product’s barcodes to add items to their shopping basket hands-free.

MarcPol expands and updates portfolio

schedule 15 January 2015
Aneta Cichla

POLAND A total of 39 new MarcPol stores are set to open this year, while in 2016 the Polish supermarket chain will grow by another 17 new locations.

Investment & finance

Nestlé sells Nupaky warehouse

schedule 15 January 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Nestlé Česko has sold its 6,500 sqm site with 2,500 sqm built-up area in Nupaky near Prague. Comprised of office and warehouse space, the property was bought by Levné potraviny.

Office & mixed-use development

New tenants in Warsaw’s Poleczki Business Park

schedule 15 January 2015
Rafał Ostrowski
journalist

POLAND Four new tenants have recently signed lease contracts for a total of 1,600 sqm of space in Poleczki Business Park in Warsaw.

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