Investment &amp; finance

CEE REGION Warimpex has sold a portfolio of eight hotels in the Czech Republic, Poland and Romania to the Thai investor U City. The portfolio comprises app. 50 percent of Warimpex's total real estate assets and has a property value of app. EUR 180 mln (excluding 50 pct stakes of UBM in two of the sold hotels in that portfolio).

Alma: liquidation motion

23 February 2017

POLAND The popular chain of delicatessen has reported the submission of a simplified liquidation motion which includes the liquidation of the company’s assets.

UBM sells office building in Kraków

22 February 2017

POLAND UBM has found a party interested in the Pilot Tower office building in Kraków (which used to be called Alma Tower) at the price of EUR 22 mln.

New player on the RE market

21 February 2017

CEE The advisory part of Balmain Asset Management and Sharman Church have agreed to form a new wide-ranging business, BSC Real Estate Advisors.

190 metres on ul. Srebrna

20 February 2017

POLAND Srebrna, a company owned by the Lech Kaczyński Institute, has applied for the environmental conditions for a 190m office building in Warsaw’s Wola district.

Europa Capital busy in Central Europe

20 February 2017

CEE Europa Capital, during 2016, managed over 15,000 sqm of lease transactions across the office markets in Warsaw, Prague and Budapest.

EUR 7.8 bln in 2016

WORLD CBRE Global Investors completed EUR 7.8 bln transactions in EMEA during 2016. This includes EUR 4.9 bln acquisitions and EUR 2.9 bln disposals on behalf of the direct business and CBRE Global Investment Partners.

Saller shops in Olsztynek

POLAND The Saller group purchased a retail park on ul. Mrongowiusza in Olsztynek.

Two hotels change owner

POLAND Orbis has found a party interested in the purchase of Mercure Jelenia Góra which is located at ul. Sudecka 63 in Jelenia Góra and Mercure Karpacz Resort located at ul. Obrońców Pokoju 5 in Karpacz.

Loan for skyscraper in Szczecin

POLAND Alior Bank is to provide a loan for the construction of Hanza Tower in Szczecin. The loan of PLN 138.8 mln (plus PLN 3 mln for VAT) will be used to finance and refinance the expenditure related to the project.

Skanska to build 12,000 sqm project in Karlín

CZECH REPUBLIC Skanska Property is planning to build the Praga Studios office building in Prague's former industrial district of Karlín.

Vilnius will longer look for PPP partners for national sport venue

LITHUANIA City of Vilnius is preparing construction of Multifunctional Health, Education, Culture and Business Support Centre. It will be created as PPP project. The deadline for the tender bids has been postponed to Mar 1, 2017.

Apartments in Jaśkowa Dolina

POLAND A Murapol subsidiary has purchased land in Gdańsk for a residential project.

Nuvalu becoming stronger

POLAND Consulting company Nuwalu has announced its 2016 results and plans to greatly extned its services over the next few months.

Alta sells plot in Siewierz

POLAND Alta affiliate Chmielowskie has signed a letter of intent to sell 4 ha site in Siewierz.

Abadon in Awbud

POLAND Murapol subsidiary Abadon Real Estate has bought a 9.47 pct stake (370,000 shares) in Awbud for PLN 2.77 mln.

South Africans take 40 pct of Polish investment

POLAND South African investors dominated the real estate market in 2016 with EUR 1.8 bln invested, accounting for 40 pct of the overall investment volume, according to the Colliers International’s Market Insights 2016 report.

Forum Lviv adds more women’s fashion

13 February 2017

UKRAINE Ukrainian fashion retailer and manufacturer Vovk has leased 180 sqm in the Forum Lviv shopping centre.

Two Warsaw buildings change hands

13 February 2017

POLAND CBRE Global Investors (CBRE GI), on behalf of the Property Fund Central Eastern Europe (PFCEE), has sold Trinity Office Park II in Warsaw’s Służewiec district and Prosta Office Centre in Wola district.

Gniezno to ask how best to use former railway land

10 February 2017