News

Decision on division of Marvipol

POLAND The management board of development and automotive group Marvipol has passed a resolution on starting the process for the division of the company into two separate entities.

Atrem wins Łódź tech park contract

POLAND Atrem has been chosen to be the general contractor of a building to be constructed in the science and technology park on ul. Brukowa in Łódź

Technology

Amazon deploys army of high-speed mobile warehouse robots

UNITED STATES With the pre-Christmas season in full swing, Amazon has come up with yet another idea on how to speed up and save on the fulfillment process. The US giant rolled out a fleet of 15,000 robots that will replace human “pickers” across its ten newly-opened high-tech US distribution hubs.

Retail & leisure

Tarasy Zamkowe attracts more tenants

POLAND A number of new tenants have been secured for the Tarasy Zamkowe shopping centre, which is under construction in Lublin.

CPI offloads plots

CZECH REPUBLIC CPI Property Group has sold two development sites to an undisclosed outside investor for EUR 20 mln.

Office & mixed-use development

Amazon technologists move into Gdańsk office project

POLAND Ivona Software, a Polish technology company that belongs to the US e-commerce giant Amazon, has leased 2,700 sqm of office space in the Olivia Business Centre complex that is currently being developed in Gdańsk.

IDI Gazeley buys French and Hungarian portfolio

HUNGARY US investor Brookfield Logistics Properties’ global logistics platform IDI Gazeley has today announced the acquisition of a portfolio of logistics assets totalling 228,000 sqm and comprising 13 buildings located in France and Hungary.

Plaza Centers sells another Romanian asset

ROMANIA Israeli-financed CEE shopping center developer Plaza Centers is selling its 41,000 sqm land plot in the Romanian city of Hunedoara to an undisclosed buyer for EUR 1.2 mln.

Retail & leisure

Krosno’s Miejsce Piastowe now open

POLAND Rank Progress has opened a new retail park in Miejsce Piastowe near Krosno. The 4,700 sqm retail scheme, which will offer 230 parking spaces, was constructed by AMB Group.

Hotels

First Alto hotel almost ready

POLAND The first Alto hotel is set to open at the beginning of 2015 in Żory. The Alto brand, operated and owned by the Polish hotel chain Qubus, was created to serve minor Polish markets.

Investment & finance

Passerinvest buys back BB Centrum Alpha

CZECH REPUBLIC Czech development and investment company Passerinvest Group has completed the acquisition of the Alpha building of the BB Centrum office park in Prague.

Investment & finance

Starwood Capital Group buys 50,000 sqm Kraków project

POLAND Starwood Capital Group has acquired through its property investment fund, Starwood Distressed Opportunity Fund X, the app. 48,800 sqm Quattro Business Park in Kraków from the Polish developer Buma Group. The parties did not disclose terms of the transaction.

Retail & leisure

Grona Park in Zielona Góra opens

POLAND The Grona Park shopping centre, a project by Vantage Development, has been opened in Zielona Góra.

Europe’s largest mall opens

RUSSIA The giant Aviapark shopping centre has been opened in Khodynskoe Pole in northwest Moscow.

Warehouse & industrial

MLP to build 45,000 sqm for Piotr i Paweł

POLAND MLP Group has been commissioned by food chain Piotr i Paweł to build 45,000 sqm of warehouse space.

Technology

Marriott installs wireless chargers in hotel lobbies

UNITED STATES Marriott has rolled out a network of lobby wireless charging stations at some of its US hotels to help guests endure battery lives of their mobile devices without using power cords.

Office & mixed-use development

Budapest's Nordic Light kicks off

HUNGARY Skanska Property Hungary has started the construction work on its 26,200 sqm gla Budapest office building, Nordic Light. The project’s first, 6,600 sqm stage is scheduled to be completed in the first quarter of 2016.

Tickets sold out

Investment & finance

Ghelamco secures loan for Mokotów building

POLAND Ghelamco Invest has been granted a loan from PKO BP for the financing of an office project in the Mokotów business district of Warsaw.

Warehouse & industrial

EBRD pours EUR 23 mln into Romanian sweet factory

ROMANIA The European Bank of Reconstruction and Development is providing a EUR 23 mln loan to support the construction of a 75,800 greenfield confectionery factory in Ghercești near the Romanian city of Craiova in the southern part of the country.