ESTONIA/LATVIA/LITHUANIA Vacancy rates in shopping centres in the Baltic states varied from 0.9 pct in Tallinn, to 1.6 pct in Vilnius and 2.7 pct. In Riga, according to the “Q1 2017 Property Snapshot” report by Colliers International. Rents in prime shopping centres stood at EUR 23-48 per sqm per month in Tallinn, EUR 30-55 in Riga and EUR 25-48 in Vilnius. Rents are higher on the high streets with Riga again being the most expensive at EUR 30-55 per sqm per month. In Tallinn it is EUR 23 – 48 and in Vilnius they stand at EUR 25-48 per sqm per month.
POLAND The European Bank for Reconstruction and Development is to Invest up to EUR 25 mln in Żabka, one of Poland’s leading food retailers.
POLAND An Olimp restaurant is to open in the soon to be renovated ETC Swarzędz and KFC has extended its contract to run a 550 sqm standalone restaurant within the retail complex.
WORLD Sonae Sierra has registered a net profit of EUR 15.9 mln in the first quarter of 2017.
POLAND Newsagent, music and book store Empik is to open a store in the Galeria Libero shopping centre in Katowice.
SERBIA A building permit for a 47,000 sqm gla mall in Novi Sad has been granted.
POLAND Swedish clothing brand KappAhl is to open two stores in Galeria Północna in Warsaw’s Białołęka district.
RUSSIA French jewellery store Mauboussin is to open its first outlet in Russia in the centre of Moscow.
POLAND Electronics retailer Neonet has relocated its outlet within the Sky Tower shopping centre in Wrocław and is now to occupy a larger 630 sqm store on the first floor of the centre.
POLAND Grupa Warszawa is to open a 580 sqm multi-level restaurant with a club and bar in the revitalised G building of Centrum Praskie Koneser in Warsaw’s Praga-Północ district.
POLAND The FIZAN Propertum fund, established by Upside Property and Profitum Wealth Management, has bought Terespol Retail Park as its first purchase.
POLAND The Saller group has started the construction of the first stage of a retail park in Gryfino on ul. Łużycka, next to a Lidl store.
POLAND Kik has been added to the tenant mix of Galeria Lubelska.
POLAND CCC’s consolidated sales revenue for April 2017 came to app. PLN 345 mln up by 11 pct y-o-y.
POLAND The Capital Park group has signed a contract to purchase 47 pct staked in the SPV company that owns Galeria Zaspa from Akron, making the Warsaw-based investor the sole owner of the oldest shopping centre in the TriCity.
POLAND Galeria Katowicka has announced the results of its operations in Q1.
POLAND The Saller group of Wrocław has started the construction of a retail park in Rawicz with a leasable area of 3,700 sqm.
WORLD A total of 33.5 mln sqm of shopping centre space is currently under construction across the world’s major cities, according to a new research report by CBRE. The figures suggest a slowdown in the pipeline from 41.9 mln sqm at the same time last year.
POLAND Napollo is to develop the Galeria Piastova shopping centre (formerly called Galeria Piastowska) at the junction of ul. Witkowska and ul. Składowa in Gniezno, on the site of the demolished Polokna window factory.
POLAND Grycan, Cosmedica and Apart are to open their first stores in Krosno, in the town’s Vivo! shopping centre.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Moderna's Warsaw office in the Warsaw Unit office building has been awarded WELL v2 certification with the highest possible rating of Platinum.
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Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
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After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Heimstaden has secured a EUR 110 mln Sustainability-Linked loan for its residential developments in Warsaw and Kraków. Under the terms of the loan, t ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
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Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first ha ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Fra ...
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Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
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