News

POLAND Construction work on a new BTS, 9,000 sqm warehouse in the 167,000 Segro Logistics Park Poznań in Komorniki is set to begin this spring. The new cross-dock terminal, which is scheduled to be completed in Q4 2015, will serve the logistics company DPD.

Hines buys Capital Partners Moscow building

RUSSIA Hines has reportedly acquired a 32,000 sqm office building that makes part of the Capital Partners-developed Metropolis mixed-use complex located by the Leningradskoe highway in Moscow.

CCC comes to Zawiercie

POLAND Polish footwear manufacturer and retailer CCC has leased 687 sqm of space in the Marcredo shopping center in Zawiercie in Silesian province in southern Poland.

Warehouse & industrial

Third Prologis Park Szczecin warehouse underway

POLAND Prologis has started the construction work on a 27,650 sqm Class A warehousing property at Prologis Park Szczecin in northwest Poland.

Lithuanian Post puts 60 assets up for sale

Anna Pakulniewicz

LITHUANIA Lithuanian postal operator Lietuvos paštas (LP) will auction off app. 60 domestic properties.

Construction

Toruń's Atrium Copernicus now enlarged

POLAND Atrium Poland Real Estate Management-owned Atrium Copernicus shopping centre in Toruń has launched its new, 17,300 sqm retail section. Now the mall offers over 47,000 sqm of retail space in total.

NAI Becar to spend EUR 300 mln on Russian aparthotels

Office & mixed-use development

RUSSIA In the next five years, NAI Becar, a Russian representative of the New-York based commercial real estate consortium NAI Global, is set to invest RUB 20 bln (EUR 300 mln) into the development of a countrywide aparthotel network.

Avielen to invest another EUR 155 mln in Airportcity

RUSSIA Avielen, a joint venture set up by Warimpex, CA Immo and UBM, is reportedly set to invest EUR 155 mln more into the Airportcity mixed-use complex by 2030 when it is planned to be completed.

European investors eye demographic and social trends

EUROPE Berlin, Dublin, Madrid, Hamburg and Athens performed best among the European cities showing the strongest property investment prospects in 2015. Warsaw was ranked 14th, a three place drop compared to the 2014 ranking. Prague took the 18th position, a two place y-o-y fall, while Budapest was ranked 22nd, a five place jump compared to the last year, according to an annual investment prospects survey by PwC.

Warsaw’s Modo signs first fashion tenants

Aneta Cichla

POLAND Modo Domy Mody, a new retail centre which is being developed on ul. Łopuszańska in Warsaw, has acquired 16 first tenants. They will jointly occupy 444 sqm of space.

TMR mulls switching from Katowice park to Ostrava

Nathan North
managing editor (English section)

POLAND/CZECH REPUBLIC Slovakian resort operator and developer Tatry Mountain Resorts is considering abandoning plans to re-develop the Śląskie Wesołe Miasteczko amusement park in Chorzów and to develop another park in Ostrava instead.

Residential

Užupio Krantinės site under demolition

Anna Pakulniewicz

LITHUANIA A site is now being prepared for MG Valda’s latest residential development in Vilnius.

Apply for visa in Gulliver shopping centre

UKRAINE A visa services provider for travellers to EU has leased 1,950 sqm of space on the eighth floor of the Gulliver shopping centre in Kyiv.

Regus to open Lublin location

POLAND Serviced office operator Regus aims to open its first Lublin office, which will be the company’s 14th Polish location. The company has leased 750 sqm of office space at ul. Zana 39/39A, in an office complex owned by a fund managed by First Property Group.

Cinema City in new Warsaw malls

Tomasz Szpyt-Grzegórski

POLAND Globe Trade Centre (GTC) has signed a binding 3,300 sqm lease contract with Cinema City for the space in the Galeria Północna shopping mall which is currently being developed in Warsaw’s Białołęka district.

Eyemaxx starts Malbork project

Aneta Cichla

POLAND Deichmann, KIK, Martes Sport and Zoo Karina are the first few tenants of the Mybox retail park, which Austrian company Eyemaxx Development is planning to build on ul. Rodła in Malbork.

Residential

CREAM wins Napollo contract

Aneta Cichla

POLAND Caelum Real Estate Asset Management (CREAM) has been awarded a management contract for four retail centres owned by the Napollo group: Galeria Renova in Warsaw and Centrum Zakupów in Ząbki, Zgierz and Czerwionka-Leszczyna (in the Silesian Province).

Construction

Ronson starts latest stage of Moko

Tomasz Szpyt-Grzegórski

POLAND Ronson Development has started the construction and sale of apartments in the second stage of the Moko estate on ul. Magazynowa in Warsaw’s Mokotów district. The second stage involves the construction of 160 apartments with areas ranging from 29 sqm to 139 sqm. The completion of the construction of this stage is planned for Q4 2016.

Technology

Sephora stores go increasingly digital

UNITED STATES Cosmetics retailer Sephora is set to introduce a range of digital in-store solutions across its US locations, including a countrywide beacon deployment and an augmented reality app functionality.

Coalco to build giant warehouse parks