News

Architecture and urban planning

Rare, historic Polish railway station renovated

POLAND The modernisation and renovation work has completed on the historic railway station in Kostrzyn nad Odrą which serves railway lines at two different levels.

Prologis leases 387,000 sqm

CEE REGION In Q3 2014, Prologis CEE has leased out more than 387,000 sqm of space, a 57 pct y-o-y increase. New leases reached 178,000 sqm and lease renewals 173,000 sqm, with the remainder being short term agreements.

Property and Facility Management

CBRE to manage Poznań Financial Center

POLAND Peakside Polonia Management has chosen CBRE to be the property manager for its Poznań office building, Poznań Financial Center.

Retail & leisure

European operations drive Tesco global sales

CEE REGION In the first half of its 2014/2015 fiscal year, Tesco has seen its total European sales (excluding the UK) dipping by 1.8 pct y-o-y at constant rates and by 9.3 pct y-o-y at actual rates, to GBP 4.84 bln. Meanwhile, Tesco's overall trading profits in Europe increased by 38 pct, to GBP 76 mln, marking the best overseas H1 result.

Office & mixed-use development

First Moscow City building earns BREEAM In-Use

RUSSIA The Northern Tower office building, a part of the Moscow International Business Center, has obtained a BREEAM In-Use certificate with ‘Good’ rating in asset performance.

MF Capital with Renaissance Plaza

POLAND MF Capital takes over from Corpus Sireo the asset management of Renaissance Plaza.

Wikana works on another project

POLAND Wikana is preparing Aria Park, a Lublin residential project of at least six five-storey buildings.

Residential

Wawel Service develops green residential project

POLAND The construction work on the Halszki 28A residential project, which is being developed by Wawel Service in Kraków’s Kurdwanów region, has started.

Investment & finance

'Opportunists' have EUR 1 bln to invest

EUROPE/POLAND The UK opportunistic fund Resolution Property is planning to spend over EUR 1 bln (GBP 800 mln) on new European projects in the next two years. Poland is on its radar, too.

Retail & leisure

MLP Group to build for Czerwona Torebka

POLAND MLP Group is to build app. 120,800 sqm of warehouse and office space for Merlin.pl, Małpka Express and Dyskont Czerwona Torebka.

Interior design

Modernity defined by Bose

POLAND The US speaker manufacturer Bose has refurbished its Galeria Mokotów premise. The Warsaw store was redesigned by Bose Corporation’s in-house interior design team as part of the company’s new global visual merchandising strategy.

Retail & leisure

Atrium Copernicus getting fit

POLAND Customers of the Atrium Copernicus shopping centre, which is currently being extended in Toruń, will now be able to use a fitness club.

Office & mixed-use development

Ovo Wrocław emerges from the ground

POLAND Work has started on the above-ground floors of Ovo Wrocław, where the Double Tree by Hilton hotel is going to open in 2016.

Office & mixed-use development

Silesia Business Park with property manager

BNP Paribas Real Estate was chosen as the property manager for the first Skanska office building that is being developed as part of the four-building Silesia Business Park in Katowice.

The last one call for registration!

Moscow new office space increases two-fold in Q3

RUSSIA In Q3 2014, deliveries of new office space in Moscow amounted to 496,000 sqm, a two-fold y-o-y increase, JLL informed.

Hotels

Orbis to take over Accor CEE assets

CEE REGION Polish hotel operator Orbis has been offered to take over a portfolio of 46 CEE Accor hotels.

9,000 sqm leased in Empark

POLAND New companies have joined the list of tenants renting space in Warsaw’s Empark Mokotów Business Park, Poland’s largest office complex.

Hotels

Holiday Inn Express debuts in Russia

RUSSIA InterContinental Hotels Group and the Russian developer Regional Hotel Chain (RHC) have opened a Holiday Inn Express hotel in Voronezh, 500 km south of Moscow.

Construction

Totalbud works on Fenix Group project

POLAND Warsaw-based construction company Totalbud has won a contract for the construction of reinforced concrete structure on the new, five-storey project that is being developed as extension to the tenement house at ul. Koszykowa 49A in Warsaw.