News

DSV Solutions to open Panattoni Park Grodzisk warehouse

POLAND DSV Solutions has commissioned and leased another warehouse to add to its three new locations opened in Poland this year (Gdańsk, Sosnowiec and Teresin).

Large Wilanów plot changes hands

POLAND A parcel of almost 17 ha on ul. Przyczółkowa in Warsaw’s Wilanów district, the planned site of a large estate, now has a new owner.

Retail & leisure

Echo reveals Galaxy extension details

POLAND Echo Investment has published details for the extension and modernisation of the Galaxy shopping and entertainment centre in Szczecin.

Retail & leisure

Multi Poland to extend Galeria Leszno

POLAND Erbud has been awarded a PLN 14.6 mln contract by Multi Poland to construct the extension of Galeria Leszno.

Warehouse & industrial

Panattoni completes GE Energy Management factory

POLAND Panattoni Europe has completed the development of a 45,000 sqm factory on a 12ha site in Bielsko-Biała for GE Energy Management.

Warehouse & industrial

Ikea moves into Tulipán Park

HUNGARY Ikea has signed a long term lease contract for a new external pick-up facility in the Logicor-owned Tulipán Park in Biatorbágy near Budapest.

Bilfinger buys Czech consultancy

CZECH REPUBLIC The GVA Worldwide network has expanded its presence in the CEE region by entering into a cooperation agreement with Czech real estate consulting firm Prochazka & Partners.

Hotels

Crowne Plaza boosts Balkan presence

SERBIA InterContinental Hotels Group is set to open a Crowne Plaza hotel in Novi Sad, Serbia’s second largest city.

CBRE: retail investment up 45 pct

EUROPE In Q3 2015 retail investment activity in Europe has reached near record levels with EUR 17 bln transacted, a 45 pct y-o-y increase, says CBRE.

Investment & finance

TriGranit sale to TPG finally goes through

CEE REGION TPG Real Estate has finalised its acquisition of Hungarian developer and investor TriGranit.

Investment & finance

European office take-up swells by 11 pct

EUROPE Over the first three quarters of the year total European office take-up in increased by 11 pct y-o-y, as a number of local markets, including Berlin, Madrid, Paris and Warsaw, saw strong leasing volumes, says Knight Frank in its latest report.

Warimpex suffers EUR 31.6 mln loss

EUROPE Difficulties involved in operating on the current Russia market are continuing to drag down Warimpex’s results.

Investment & finance

Meyer Bergman buys all of Galeria Katowicka

POLAND A fund advised by property investment manager Meyer Bergman has bought out the remaining stake of the Galeria Katowicka shopping centre in Katowice from Neinver and Poland’s state railway company PKP to become the mall’s sole owner.

Investment & finance

Segro signs Prague extension and starts spec project

CZECH REPUBLIC Kuehne + Nagel Group has prolonged its 16,500 sqm lease for another five years in Segro Logistics Park Prague.

Warburg fund acquires Wrocław office building

POLAND Institutional real estate fund Europa Select Immobilien Invest, managed by Warburg-HIH Invest Real Estate, has acquired the Dubois 41 office building in Wrocław’s Nadodrze district from French developer Nacarat for app. EUR 21 mln.

Office & mixed-use development

Skanska embraces Generation X

POLAND Skanska Property Poland has launched the construction of its biggest office development in the CEE region: the Generation Park office complex in Warsaw’s Wola district.

Eurobuild Awards

THEY HAVE A DREAM

THEY HAVE A DREAM

Industrial take-up in Russia set for record

RUSSIA In 2015, despite the country's current economic difficulties, take-up activity in the industrial and logistics sector is set to exceed its record figure of 2013, when 1.23 mln sqm was leased, according to CBRE.

Orbis buys two Budapest hotels

HUNGARY Orbis, together with its Hungarian company Accor-Pannonia Hotels, has signed a conditional purchase agreement for two hotels in Budapest: the 139-room ibis Budapest Heroes Square and the 227-room Mercure Budapest City Center.