News

POLAND The Józef Piłsudski Museum has revealed that a consortium led by Strabag has been chosen in a tender for the design and construction of the museum building in Sulejówek near Warsaw.

GTC disposes of Kraków office property

01 April 2015

POLAND A fund managed by GLL Real Estate Partners has signed a preliminary agreement on the EUR 42 mln purchase of Globe Trade Centre’s 15,000 sqm Kazimierz Office Center in Kraków’s Kazimierz district.

Wikana aims to stay in the green

POLAND Lublin-based development company Wikana plans on increasing its apartment sales, selling off non-core assets – including some shopping centres – as well as reducing the number of development projects and operating costs this year.

Kerdos launches Dayli franchise

Anna Pakulniewicz

POLAND Kerdos group, which holds 100 pct shares in the Dayli chemist chain, is planning to develop the retail network by opening new stores, as well as through franchising and acquisitions.

Technology

Amazon to let home devices place online orders on their own

UNITED STATES Online retailer Amazon has developed a solution that allows any connected home device to autonomously re-order products from Amazon when supplies are running low.

Yareal buys Wola office project

Ewa Andrzejewska

POLAND Yareal Polska has acquired from Deka-S-Property Fund No. 1 an office building in Warsaw’s Wola district.

Globalworth completes EUR 90 mln Bucharest deals

ROMANIA Guernsey-registered real estate investment company Globalworth has closed two Romanian office acquisitions: the EUR 43 mln Unicredit Building purchase and the EUR 46 mln Nusco Tower acquisition.

Quick Park Mysłowice to be built after redesign

POLAND At the end of 2016 a Quick Park retail park should be ready to open in Myslowice. Construction work is expected to begin in September 2015 on the project, which is situated on ul. Katowicka.

CTP completes 4,000 sqm Turda project

Eurobuild CEE

ROMANIA CTP has handed over a 4,000 sqm project developed within its CTPark Turda industrial park for the German plastic piping manufacturer Fränkische.

Reserved opens youth-centered store in Silesia

POLAND A new store concept of the Reserved fashion retail brand has opened in the Silesia City Center in Katowice. The new 517 sqm store will only offer one line of clothing, Young Fashion Lab.

Hotels

Radisson leaves Crimea

Rafał Ostrowski
journalist

RUSSIA American hotel group Carlson Rezidor has ceased its operations in the Crimea.

Office & mixed-use development

Gazprom leases 19,500 sqm in St Petersburg

Rafał Ostrowski
journalist

RUSSIA Gazprom has leased the entire Eightedges business centre at the banks of Neva River in St Petersburg.

Kraków-based company to design Warsaw rink roof

POLAND Warsaw city hall has signed an agreement with Kontrapunkt V-Projekt of Kraków on preparing architectural concept and budget plan for a roof above Warsaw’s Stegny skating rink, which is set to undergo modernization.

GTC tries again to issue 140 mln new shares

Nathan North
managing editor (English section)

CEE REGION Globe Trade Centre is to propose an increase in its share capital to its shareholders and issue up to 140 mln of new shares.

US retailers increasingly active in Poland

POLAND Nearly 40 foreign retail brands made their debut on the Polish market in 2014. The group was dominated by American and Italian retail chains, mostly from the fashion sector, according to the Retail Research Forum report by the Polish Council of Shopping Centres.

Residential

Skanska develops first Polish green resi project

POLAND Skanska Residential Development Poland has started the construction work on a new Warsaw project that is reportedly set to become the first BREEAM-certified residential complex in Poland.

Hotels

Carlson Rezidor to launch new Bucharest hotel

ROMANIA US-based hotel group Carlson Rezidor, which operates such hotel chains as Radisson Hotels and Radisson Blu, is set to open its first Romanian Park Inn by Radisson-branded hotel.

Even more Mega

Anna Pakulniewicz

LITHUANIA Baltic RED has started work on the expansion of the Mega shopping and leisure centre in Kaunas.

Futureal sells off another Vision Towers building

HUNGARY Hungarian developer Futureal has sold yet another part of its Vision Towers complex in Budapest to the Austrian Erste Real Estate Fund.

H&M to invest in Galeria Pomorska location

27 March 2015