Apsys and Euris/RallyeGroup, advised by HSBC, have initiated one of the
largest real estate transactions of this year so far with
Unilmmo:Deutschland, an open ended fund of Union Investment AG - the
sale of the Manufaktura leisure and shopping centre in Lodz (Poland),
the largest shopping centre in Central and Eastern Europe.
The
Manufaktura complex which opened in 2006 and covers a catchment area of
over 2,5 million people, has successfully positioned itself as a
performa
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Credit
Agricole Bank has signed a lease agreement with SwedeCenter, the
investor and developer of the office complex Business Garden in Warsaw.
The agreement regards the lease of approximately 4,000 m² of office
space on two floors of the second building in the first phase of the
investment, which is due to be finished in autumn this year.
"The negotiations with potential tenants have reached an advanced stage.
The design and lay-out is being appreciated by office occupiers
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Cevahir
Holding, a Turkish construction and investment group, will build a
four-tower 42 floor residential construction project in Macedonia’s
capital city Skopje. Macedonian leaders officially launched the
country’s largest ever residential construction project – an
approximately €300 million (US $365 million), four-tower 42 floor
complex in the capital Skopje.
President
Gjorge Ivanov and Prime Minister Nikola Gruevski, as well as Turkey
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HB Reavis Group has completed the acquisition of another project in
Prague – Karlín. The River Garden Office II and III administrative
complex on Rohanské nábřeží street will offer a total of 24,000 sqm
leasable space. The acquisition thus took place one month after
acceptance of the River Garden Office building, which the company built
immediately adjacent to the future new office complex. "We are
happy that we were able to conclude a contract with the Austr
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Hammerson
is pleased to announce that it has exchanged contracts for the sale of
the majority of its office portfolio to Brookfield Office Properties for
aggregate cash proceeds of £518 million (approx. €660 million).
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The sale concerns the Group’s shopping center, Galeria Tarnovia, in Tarnow and a new development project in Jelenia Gora.
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The
new logistics hall at Bratislava Logistics Park in Senec attracted a
large number of visitors last week on June 28 for a launch party held in
the recently completed building.
Karimpol,
the CEE commercial real estate developer, welcomed guests to the event, ensuring that many leading logistics and
manufacturing companies were able to inspect the new building and see
its many innovative qualities. As well as traditional food and wine
tasting
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Expectations in both the occupier and investment markets in the real
estate sector has improved across much of the world during first quarter
of 2012, however more European markets follow the negative trend,
according to the latest RICS Global Commercial Property Survey.
Following some positive signs in the global economy and an easing of
tension in the eurozone during the first months of the year, rent
expectations remain particularly positive in Russia, with respon
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Akron Investment CEE II (AICEE II) and two Polish affiliates of AXA,
have signed a lease extension until 2020 on over 7,000 sqm of existing
office space in the Warsaw Trade Tower. This AXA lease is the third
largest office-deal in Poland so far this year. "We are pleased
that AXA has chosen to extend their lease, as one of our key tenants. It
shows that Warsaw Trade Tower continues to be a desirable and well run
property as well as showcasing Wola as a sought after office l
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Skanska Property Poland is starting work on another office project in Wroclaw located right next to Dominikański Square. Skanska S.A., which cooperates closely with the Medusa Group architectural studio, is responsible for the overall design. Previously Medusa worked with the developer on the Łódź Green Horizon project. It is estimated that the design stage will take about 12 months. "Like all Skanska’s investments, the building will be created according to the principles o
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