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News

Investment & finance

YIT offloads Grand Office in Vilnius

schedule 01 October 2014
Nathan North
deputy editor

LITHUANIA Finnish construction and development giant YIT has signed agreements to sell three properties, including Grand Office in Vilnius, to different parties.

Russian real estate investment 10 pct down in Q3

schedule 01 October 2014
Rafał Ostrowski
journalist

RUSSIA Investment volumes on the Russian real estate market in Q3 reached USD 1.4 bln, 10 pct down y-o-y, according to the latest research by JLL.

Etalon builds 66,000 sqm factory for Nissan

schedule 01 October 2014
Rafał Ostrowski
journalist

RUSSIA Etalon Group, acting through its subsidiary EtalonPromStroy, has completed the second stage of the Nissan plant in St Petersburg.

Property and Facility Management

BAM to manage Family Point Wrocław

schedule 01 October 2014
Aneta Cichla

POLAND Parus, the owner of Family Point in Wrocław, has chosen Balmain Asset Management to be the shopping centre’s facility manager. BAM is also the asset manager of the mall.

Budimex finishes work on Lublin roads

schedule 01 October 2014
Aneta Cichla

POLAND Budimex has completed two sections of road near Lublin. The first is a section of the S17 Kurów–Lublin–Piaski expressway between the Bogucin and Dąbrowica interchanges (including the interchange) and a section of the national road between the Dąbrowica interchange and the city limits of Lublin – a total of 10 km.

Office & mixed-use development

Offices from Warsaw gardeners

schedule 01 October 2014
Tomasz Szpyt-Grzegórski

POLAND The Municipal Gardening Company (MPRO) in Warsaw is planning to build two office buildings at ul. Wybrzeże Gdyńskie 27 in Kępa Potocka.

Office & mixed-use development

More and for longer in WFC

schedule 01 October 2014
Aneta Cichla

POLAND Two tenants are staying for longer in the Warsaw Financial Center office building: a Pekao bank and a Starbucks café. Both companies are to remain in the building for the next ten years.

Residential

LC Corp group starts Wrocław estate

schedule 01 October 2014
Tomasz Szpyt-Grzegórski

POLAND LC Corp has started the construction and sales process for a residential project in Wrocław. The Dolina Piastów estate is located on ul. Kiełczowska in the city’s Psie Pole district.

Another bank calls in EFH debt

schedule 01 October 2014
Tomasz Szpyt-Grzegórski

POLAND Bank Zachodni WBK has terminated the loan agreement concluded with Europejski Fundusz Hipoteczny (EFH) for the construction of Hotel Król Kazimierz in Kazimierz Dolny.

Construction

Galeria Park Top topped off

schedule 01 October 2014
Aneta Cichla

POLAND The Galeria Park Top estate has been topped off, marking the completion of the structural work on the first and the second stage of the development.

Construction

Zab-Bud to finish off ministerial project

schedule 01 October 2014
Tomasz Szpyt-Grzegórski

POLAND Zab-Bud is to complete the construction work on a project currently being developed in Warsaw for the Centre of Document Personalisation (CPD), a unit of the Polish Ministry of the Interior.

Murapol adds to land bank

schedule 01 October 2014
Aneta Cichla

POLAND Murapol has purchased two new properties: a 1.5 ha plot on ul. Niepołomnicka in Gdańsk and 0.6 ha on ul. Polskiego Czerwonego Krzyża in Toruń.

Nordstar to develop 100,000 sqm mall in Moscow

schedule 01 October 2014
Rafał Ostrowski
journalist

RUSSIA Nordstar Development is planning to build a shopping centre on Zvenigorodskoye shosse near the Third Transport Ring in western Moscow.

Warehouse & industrial

Ceva takes up another 13,500 sqm in P3 Poznań

schedule 01 October 2014
Nathan North
deputy editor

POLAND P3 Logistics Parks, which has just changed its name from PointPark Properties, has leased an additional 13,500 sqm to global company Ceva Logistics in P3 Poznań.

Residential

RED prepares for second stage of Red Park

schedule 30 September 2014
Aneta Cichla

POLAND Work on the construction of the second stage of the Red Park residential estate in Poznań, a project by RED Real Estate Development, is to start in November.

Retail & leisure

Mango chooses Serenada

schedule 30 September 2014
Aneta Cichla

POLAND Spanish clothing chain Mango, which is celebrating its 30th anniversary this year, has decided to open its latest Polish outlet in the Serenada shopping centre, which is under construction in Kraków.

Retail & leisure

Galeria Świnoujście expands in brands

schedule 30 September 2014
Aneta Cichla

POLAND Galeria Świnoujście has acquired two new brands. Sports clothing and accessories retailer Martes Sport is to open a 440 sqm store, while the food court will now include a restaurant run by a local entrepreneur with an area of 200 sqm.

Retail & leisure

Four new tenants in Galeria Jurajska

schedule 30 September 2014
Aneta Cichla

POLAND Four new brands have opened in Galeria Jurajska in Częstochowa: 4F, Monnari, Centrum Gier Bard and men’s outfitters Kubenz.

Construction

Galeria Jurowiecka topped off

schedule 30 September 2014
Ewa Andrzejewska

POLAND PB Konstanty Strus, which is developing the Galeria Jurowiecka shopping centre in Białystok, has started the fitting out work.

Retail & leisure

ECE lays cornerstone for Bydgoszcz mall

schedule 30 September 2014
Agata Kłapeć

POLAND ECE Polska, a part of ECE Projektmanagement, has laid the foundation stone for the Zielone Arkady shopping center in Bydgoszcz. The EUR 150 mln project’s general contractor is Strabag.

Edition 11 (293) November 2024

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