News

Green projects

BREEAMs for Domaniewska Office Park

schedule 05 February 2015
Nathan North
deputy editor

POLAND Two buildings owned by Deka Immobilien in Warsaw have been granted BREEAM-in-Use certificates. Dom Alfa and Dom Beta, which are managed by Knight Frank, have both been awarded ‘Very Good’ ratings for asset and ‘Excellent’ ratings for building management.

Brochocki busy in Wrocław and Poznań

schedule 05 February 2015
Ewa Andrzejewska

POLAND In the last few months of 2014, the Wrocław branch of real estate brokers Kancelaria Brochocki (Brochocki i Biegański Nieruchomości) participated in the sale of a 5,500 sqm building at ul. Walońska 3-5 in the city as well as 950 sqm of offices in a building on ul. Wagonowa. The buyer of the latter was Best Coffee Systems (the exclusive distributor of the Franke espresso machines in Poland).

Warehouse & industrial

Panattoni launches latest Łódź project

schedule 05 February 2015
Tomasz Szpyt-Grzegórski

POLAND Mirbud is to construct a warehouse for Panattoni to form part of Panattoni Park Business Center Łódź II.

Hotels

Three-star Petropol joins Best Western chain

schedule 05 February 2015
Ewa Andrzejewska

POLAND The Petropol hotel in Płock, which has recently undergone major renovations, will now operate under the Best Western brand.

Media Expert in Millenium Hall

schedule 05 February 2015
Ewa Andrzejewska

POLAND A Media Expert store is to be opened on Thursday in the Millenium Hall shopping centre in Rzeszów.

Residential

Wawel Service selling more each year

schedule 05 February 2015
Ewa Andrzejewska

POLAND Wawel Service sold 255 apartments in Kraków and Warsaw in 2014 (in developer agreements signed, excluding reservations).

LafargeHolcim to sell off EUR 6.5 bln assets to CRH

schedule 04 February 2015
Agata Kłapeć

CEE REGION Two merging cement and aggregates suppliers Holcim and Lafarg aim to sell EUR 6.5 bln assets, including plants and other facilities, to the Irish building materials company CRH. These will include Holcim's assets in Hungary, Serbia and Slovakia, as well as Lafarge's properties in Romania.

Warehouse developers pleased with 2014

schedule 04 February 2015
Tomasz Szpyt-Grzegórski

CEE REGION Last year was a very good one for the two largest warehouse developers in the region. In 2014 Panattoni and Prologis built 650,000 sqm of warehouse space in total.

Hotels

Starwood keeps growing in CEE

schedule 04 February 2015
Agata Kłapeć

CEE REGION In 2014, the US hotel giant Starwood, which operates such chains as Westin, Sheraton, Le Meridien, St. Regis, Aloft and W, has opened 74 new hotels worldwide which translated into app. 15,000 rooms in 26 countries. The company now aims to keep up with the pace of openings by adding, among others, new CEE locations to its portfolio.

Vacancy may top 2009 levels

schedule 04 February 2015
Rafał Ostrowski
journalist

RUSSIA In H1 2015 vacancy levels on the Moscow office market could reach 19–20 pct, that is, the peak levels of the 2008/2009 crisis, according to the latest CBRE report.

Investment & finance

CA Immo disposes of two office projects

schedule 04 February 2015
Agata Kłapeć

HUNGARY/ BULGARIA CA Immo has sold two small office assets: the 8,000 sqm gla Europark office building in Sofia and the 6,400 sqm Buda Business Center office building in Budapest, for EUR 17 mln.

Green projects

A4 Business Park lands two BREEAMS

schedule 04 February 2015
Nathan North
deputy editor

POLAND Two BREEAM certificates have been awarded to Echo Investment’s A4 Business Park in Katowice.

Office & mixed-use development

Hagibor Office Building goes bust

schedule 04 February 2015
Nathan North
deputy editor

CZECH REPUBLIC The owners of the Hagibor Office Building in Prague-Strašnice have filed for insolvency.

Warehouse & industrial

Work begins on Poznań Airport Logistics Centre

schedule 04 February 2015
Agata Kłapeć

POLAND Construction work has started on the first, 16,000 sqm warehousing building of Goodman’s Poznań Airport Logistics Centre.

Investment & finance

BPT Optima sells Young City site and Baltic assets

schedule 04 February 2015
Nathan North
deputy editor

POLAND/BALTIC STATES BPT Optima, a fund managed by Northern Horizon Capital, has agreed to sell seven office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipėda, totalling app. 112,000 sqm of leasable space, as well as the large-scale Young City urban regeneration site on the Gdańsk waterfront, including the historic former shipyard.

Retail & leisure

Gemini Park Tychy in starting blocks

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Gemini Holding is gearing up for the launch of the construction work on the Gemini Park Tychy shopping centre, while the commercialization of the 36,000 sqm gla project is now in progress.

Retail & leisure

New tenants in HopStop Zamość Sadowa

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Four new companies signed lease agreements for retail space in the HopStop Zamość Sadowa retail park that is currently being developed in Zamość.

Piotr i Paweł expands in Kraków

schedule 03 February 2015
Tomasz Szpyt-Grzegórski

POLAND Piotr i Paweł delicatessen chain has opened its second location in Kraków at the end of January.

Retail & leisure

Vacancy rate in Moscow malls almost triples

schedule 03 February 2015
Rafał Ostrowski
journalist

RUSSIA The average vacancy rate in Moscow shopping centres reached 7 pct at the end of the last year compared to 2.6 pct in 2013, CBRE reports.

Property and Facility Management

SB Property PM for most of REICO portfolio

schedule 03 February 2015
Nathan North
deputy editor

CZECH REPUBLIC SB Property Services has been appointed as the property manager of the majority of the portfolio of Česká spořitelna’s real estate subsidiary Reico.

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