News

Retail & leisure

Martes Sport stays longer in Gemini Park in Tarnów

schedule 21 January 2015
Aneta Cichla

POLAND The Martes Sport chain has extended its lease in the Gemini Park Tarnów shopping centre.

Residential market to become casino?

schedule 21 January 2015
Tomasz Szpyt-Grzegórski

POLAND According to the latest report from Reas, 2014 was a record year for residential developers. A total of 43,000 apartments were sold – the highest number in history.

G4 Garage expands in CL Kraków II

schedule 21 January 2015
Tomasz Szpyt-Grzegórski

POLAND The distributor of motor oils and fluids has extended its lease of warehouse space in Centrum Logistyczne Kraków II.

Wago factory to be built near Wrocław

schedule 21 January 2015
Tomasz Szpyt-Grzegórski

POLAND Wago Elwag has purchased a 16 ha plot in Wróblowice near Wrocław.

CBRE to work for GLL

schedule 20 January 2015
Anna Pakulniewicz

POLAND GLL Real Estate Partners has appointed CBRE as an exclusive leasing agent for its four Warsaw office buildings.

Retail & leisure

Green Caffè Nero in Adgar office projects

schedule 20 January 2015
Aneta Cichla

POLAND Two Green Caffè Nero cafes are to open in the Adgar Wave and Adgar Plaza office buildings in Warsaw, which belong to Adgar Group.

Lawyers move within Nowy Świat complex

schedule 20 January 2015
Tomasz Szpyt-Grzegórski

POLAND International law office Greenberg Traurig will be the first tenant of the Nowy Świat 2.0 building that is currently being developed as part of the Centrum Bankowo-Finansowe Nowy Świat office complex in Warsaw.

Mirbud opens Centrum Janowo

schedule 20 January 2015
Aneta Cichla

POLAND JHM Development, a subsidiary of the stock exchange-listed Mirbud, opened a PLN 8 mln small retail and services facility in Rumia.

Green projects

Galeria Echo even more green

schedule 20 January 2015
Anna Pakulniewicz

POLAND Galeria Echo, a shopping centre developed by Echo Investment in Kielce, has obtained two BREEAM In-Use certificates with "Very Good" rating.

Investment & finance

Standard Life buys Palác I.P. Pavlova 5

schedule 20 January 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC Standard Life Investments has acquired the Palác I.P. Pavlova 5 office and mixed-use building in central Prague for its Global Real Estate Fund.

Warehouse & industrial

New tenant in Europolis Park Błonie

schedule 20 January 2015
Agata Kłapeć

POLAND Polish-registered lighting distributor GTV has leased 5,000 sqm of warehousing and office space in Europolis Park Błonie near Warsaw.

Government-backed mortgages see 16,000 applications

schedule 20 January 2015
Aneta Cichla

POLAND It has been a year since the Apartment for the Young ("Mieszkanie dla Młodych") governmental programme has launched in Poland. The state-owned Bank Gospodarstwa Krajowego (BGK), which coordinates the initiative, received a total of 15,972 applications and granted PLN 366 mln of subsidized mortgages over that time.

Dayli to have even 350 stores in 2017

schedule 20 January 2015
Anna Pakulniewicz

POLAND By the end of 2015, Kerdos Group aims to open app. 50 new Dayli chemist shops and app. 20 franchised locations (within a new franchise programme that is currently being developed). The retailer, which owns the Dayli chemist chain, continues to grow its physical and online presence across the European markets it operates on. With four recent openings, the Dayli chain currently has 169 chemist shops in total.

Investment & finance

Tesco closes down CEE stores

schedule 20 January 2015
Eurobuild CEE

CZECH REPUBLIC/HUNGARY Tesco is set to shut down another hypermarket in the Czech Republic along with 13 Hungarian stores, as the company is implementing an international recovery program that aims to dramatically cut costs.

Investment & finance

Griffin to buy PKO BP developer

schedule 19 January 2015
Aneta Cichla

POLAND A Griffin Group-managed investment fund has signed a letter of intent with PKO Bank Polski on buying Qualia Development, a real estate company owned by the PKO BP bank.

Auchan allowed to buy Piaseczno plots

schedule 19 January 2015
Aneta Cichla

POLAND The town council of Piaseczno has passed a resolution which allows Auchan Polska to bypass a tender procedure when buying three plots adjacent to the company’s shopping centre.

PHN buys office building

schedule 19 January 2015
Tomasz Szpyt-Grzegórski

POLAND The Management Board of Polski Holding Nieruchomości (PHN) has signed a letter of intent concerning the purchase of an app. 15,000 sqm office building.

CPI to invest in Polish retail projects

schedule 19 January 2015

CZECH REPUBLIC CEE investment and development company CPI Property Group aims to buy five retail assets in Poland for a total amount of app. CZK 500 mln (PLN 70 mln) as it sees retail investment opportunities in the Czech Republic dry up and turns its eyes towards the Polish market, reports the Hospodářské noviny daily.

Warehouse & industrial

Automotive tenant enters Budapest park

schedule 19 January 2015
Eurobuild CEE

HUNGARY Auto parts supplier Daejung has opened its first Hungarian, 4,700 sqm manufacturing facility within the Europolis Park Budapest M1 industrial and logistics park whose majority shareholder is the German developer CA Immo.

Retail & leisure

World’s first Avon Studio opens in Warsaw

schedule 19 January 2015
Aneta Cichla

POLAND The world’s first Avon Studio, a special store concept developed by the cosmetics manufacturer and retailer Avon, has opened in the Złote Tarasy shopping centre in Warsaw.

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