News

Investment & finance

PHN buys 14,000 sqm ABC building in Poznań

schedule 02 July 2015
Rafał Ostrowski
journalist

POLAND Polski Holding Nieruchomości (PHN) has completed the acquisition of the Andersia Business Centre (ABC) office building in Poznań from Von der Heyden Group.

Warehouse & industrial

Moscow mall supply skyrockets

schedule 02 July 2015
Rafał Ostrowski
journalist

RUSSIA About 342,000 sqm of retail space was completed in the first half of the year, exceeding the record set in H1 2014 by 41 pct.

Property and Facility Management

Union Investment chooses new manager for Krisztina

schedule 02 July 2015
Anna Pakulniewicz

HUNGARY Cushman & Wakefield has been selected as the property manager of the Krisztina Palace office building in Budapest’s 12th district.

US investors buy EUR 2.9 bln European loans

schedule 02 July 2015
Agata Kłapeć

EUROPE A consortium of J.P. Morgan and Lone Star has purchased Commerzbank’s EUR 2.2 bln European portfolio of both performing and non-performing commercial real estate loans. The portfolio comprises assets in 14 European countries, including Slovakia, the Czech Republic, Hungary and Romania.

Investment & finance

Sales to help Rank Progress regain liquidity

schedule 03 June 2015
Aneta Cichla

POLAND Rank Progress is conducting negotiations on the sale of its retail properties.

Investment & finance

Layetana to spread wings with new partner

schedule 01 July 2015
Tomasz Szpyt-Grzegórski

POLAND Spanish developer Layetana Developments Polska has partnered up with an international private equity investor, Aventicum, as it plans new investments.

LC Corp buys plot for 1,100 apartments

schedule 01 June 2015
Aneta Cichla

POLAND LC Corp has purchased through one of its subsidiaries the perpetual usufruct rights for properties located on ul. Sowińskiego and ul. Człuchowska in Warsaw’s Wola district for PLN 76.2 mln net.

Office & mixed-use development

Jungmannova obtains LEED Platinum

schedule 01 July 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC The Jungmannova 15 office building in Prague 1 has been awarded LEED ‘Platinum’ certification.

Warehouse & industrial

Kongsberg makes itself comfortable in Pruszków

schedule 01 July 2015
Rafał Ostrowski
journalist

POLAND Automotive components manufacturer Kongsberg Automotive has expanded its lease in the MLP Pruszków I logistics centre outside Warsaw by 2,400 sqm.

Interior design

A swing in loft kitchen

schedule 01 July 2015
Anna Pakulniewicz

POLAND The construction of Nowa Papiernia lofts is complete.

Interior design

Polish design in SPA

schedule 01 July 2015
Anna Pakulniewicz

POLAND Zaffiro is a device which was designed and created in Poland by the research and development department of the Polish company ITP for beauty salons, hotels and SPAs.

Investment & finance

AERE closes Arkády Pankrác acquisition

schedule 01 July 2015
Rafał Ostrowski
journalist

CZECH REPUBLIC Atrium European Real Estate has finalised its purchase of a 75 pct stake in the Arkády Pankrác shopping centre in Prague from Unibail-Rodamco.

Warehouse & industrial

Immofinanz leases out 12,000 sqm in Romania

schedule 01 July 2015
Agata Kłapeć

ROMANIA Romanian grocer Profi has leased additional 12,000 sqm of warehousing space in the LOG.IQ Ploieşti logistics centre where it is now leasing a total of over 27,000 sqm. At the same time, the tenant also renewed the previous 15,000 sqm deal.

CTP signs 180,000 sqm new deals

schedule 01 July 2015
Agata Kłapeć

CEE REGION In the last three months, warehouse developer CTP has signed a total of 180,000 sqm of new deals which were driven by the construction of new facilities and new clients entering the market, including such companies as HTC and Blika.

Interior design

Tamizo Architects design interior of Park Avenue

schedule 01 July 2015
Anna Pakulniewicz

POLAND Echo Investment, developer of Park Avenue Apartment, a luxury residential project in Kraków, commissioned Tamizo Architects to prepare a design of the interior of the apartment building.

Green Court deal finalized

schedule 01 July 2015
Agata Kłapeć

ROMANIA Globalworth has completed the purchase of the 19,500 sqm Green Court Building A, the first of the three office buildings that form the 52,000 sqm Green Court office complex in Bucharest.

Retail & leisure

Galeria Corso comes online

schedule 30 June 2015
Rafał Ostrowski
journalist

POLAND Szczecin-based developer Winston opened the Galeria Corso (formerly Galeria Świnoujście) on June 27th.

Cinema City enters Atrium Felicity

schedule 30 June 2015
Ewa Andrzejewska

POLAND A nine-screen Cinema City cinema will open in Lublin’s Atrium Felicity shopping centre on July 10th.

Russian investment market 33 pct down in H1

schedule 30 June 2015
Rafał Ostrowski
journalist

RUSSIA In the first half of the year investment volumes on the Russian real estate market reached USD 1.1 bln, according to research by JLL.

Retail & leisure

Smyk lands in Jelenia Góra mall

schedule 30 June 2015
Aneta Cichla

POLAND Children’s products retailer Smyk has leased 570 sqm of space in the Nowy Rynek shopping mall, which is currently being developed by TK Development in Jelenia Góra.

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