News

Office & mixed-use development

Tech companies change European office landscape

schedule 12 May 2015
Agata Kłapeć

EUROPE Last year technology businesses made the most active players among office tenants across major European cities, taking up 22 pct of the overall space examined, which has presented new opportunities for landlords and developers, says Colliers International in its latest white paper.

Retail & leisure

Face-lift for Reserved in Galeria Askana

schedule 12 May 2015
Aneta Cichla

POLAND A renovated outlet of LPP group’s Reserved clothing brand in Galeria Askana in Gorzów Wielkopolski re-opened at the beginning of May.

Retail & leisure

Galeria Słoneczna still attractive to tenants

schedule 12 May 2015
Aneta Cichla

POLAND A number of tenants of Galeria Słoneczna in Radom have decided to extend their lease contracts, including Deichmann, Orsay, Vistula, Bytom, Solar, Promod, Lavard, Tatuum, Coccodrillo, Inglot, W. Kruk, Triumph, LaVantil, Centro, Toys Box, Sony, Villa Italia, Aetka, Kantor (EXG Capital) and travel agency Itaka.

Residential

Polnord to build apartments instead of offices in Wilanów

schedule 12 May 2015
Tomasz Szpyt-Grzegórski

POLAND An estate under the working name of Wilanów Park is to be built on the site of office buildings developed by Polnord in Warsaw’s Wilanów district.

Retail & leisure

PLN 6,000 per sqm in Dayli

schedule 12 May 2015
Anna Pakulniewicz

POLAND Kerdos, the owner of the Dayli drugstore chain, is aiming at generating sales of around PLN 6,000 per sqm of each Dayli store next year.

Office & mixed-use development

West Gate ready for tenants

schedule 12 May 2015
Tomasz Szpyt-Grzegórski

POLAND The West Gate office building in Wrocław, which has been developed by Echo Investment, has obtained an occupancy permit.

Investment & finance

Warsaw Europlex changes hands

schedule 12 May 2015
Tomasz Szpyt-Grzegórski

POLAND The AICEE II fund, which is managed by Akron Group, has sold the Europlex office and retail complex on ul. Puławska to Lone Star.

Warehouse & industrial

Panattoni starts work on Selgros warehouses in Ożarów

schedule 11 May 2015
Nathan North
managing editor (English section)

POLAND Panattoni Europe has launched the construction work on a warehouse facility for cash & carry chain Selgros in Ożarów Mazowiecki, west of Warsaw.

Office & mixed-use development

EUR 58 mln loan for Postępu 14 in Warsaw

schedule 11 May 2015
Nathan North
managing editor (English section)

POLAND HB Reavis Group has secured a EUR 58 mln loan from Bank Pekao S.A. for the refinancing of costs related to the acquisition and construction of its office building at ul. Postępu 14 in Warsaw.

Human resources

BNP strengthens Polish property valuation team

schedule 11 May 2015
Agata Kłapeć

POLAND BNP Paribas Real Estate has appointed four new licensed property valuers to faster grow its Polish business.

Retail & leisure

Immofinanz launches first Serbian Stop.Shop centre

schedule 11 May 2015
Agata Kłapeć

SERBIA Immofinanz has opened its first Stop.Shop retail park in Serbia. Within the next three to four years the company plans on opening nine more Serbian Stop.Shop locations.

Warehouse & industrial

Two food transporters take up 40 pct of PLC speculative hall

schedule 11 May 2015
Nathan North
managing editor (English section)

POLAND A total of 5,850 sqm has been leased in a speculatively built facility at the Pomeranian Logistics Centre (PLC) in Gdańsk to two food logisitics operators.

Investment & finance

Deal struck to merge DTZ with C&W after Agnellis sell out

schedule 11 May 2015
Nathan North
managing editor (English section)

WORLD Cushman & Wakefield has been sold by Italian investment group Exor to the consortium that owns DTZ in a deal worth USD 2.042 bln. The real estate services company is now to be merged with DTZ under the Cushman & Wakefield brand, forming a company that will have revenues of over USD 5.5 bln, more than 43,000 employees and will manage more than 370 mln sqm globally on behalf of institutional, corporate and private clients.

Mirbud wins Konin contract

schedule 11 May 2015
Tomasz Szpyt-Grzegórski

POLAND Mirbud has been awarded a contract to construct the second stage of an estate in Konin by JHM Development (also of the Mirbud group).

Residential

Atal moves Marina Apartamenty to stage two

schedule 11 May 2015
Aneta Cichla

POLAND Atal has started the construction and sale of the second stage of the Marina Apartamenty II residential estate at the junction of ul. Anastazego Kowalczyka and Krzyżówki in Warsaw’s Białołęka district.

Construction

Work progresses on innovative system stations

schedule 11 May 2015
Aneta Cichla

POLAND The Polish State Railways [PKP] is continuing the construction of its ‘innovative system stations’ (IDS) project to build environmentally friendly stations for passengers.

Hotels

Orbis hotels enjoys growing occupancy

schedule 10 May 2015
Aneta Cichla

CEE REGION Orbis’ preliminary operational results for Q1 2015 have shown occupancy increases in the group’s hotels to 53.5 pct, up from the first three months in 2014 when a figure of around 45.6 pct was recorded.

Erbud to build Warsaw apartments for PLN 63.6 mln

schedule 10 May 2015
Ewa Andrzejewska

POLAND Erbud has won a contract for the construction of a residential estate near ul. Olbrachta in Warsaw’s Wola district.

Hotels

Four stars in Brzeg

schedule 10 May 2015
Aneta Cichla

POLAND The Best Western Plus Brzeg Centrum – a four-star hotel with 60 rooms – was opened in Brzeg in April.

Investment & finance

Tristan closer to closing latest fund

schedule 09 May 2015
Tomasz Szpyt-Grzegórski

EUROPE Tristan Capital Partners is half way towards fully investing its European Property Investors Special Opportunities 4 (EPISO 4) fund.

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