Locked content BZWBK leases 11,500 sqm in Business Garden Poznań

Vastint Poland has signed a lease agreement with BZ WBK lender for 11,500 sqm at Business Garden Poznań, propertynews.pl reported. The new tenant will locate its offices in two out of the four buildings of the first stage of the complex. Consequently, the scheme is 40 percent leased. The entire proj...

Locked content Dom Development sells 640 units in Q3

Listed real estate developer Dom Development sold 640 apartments in Q3 2015 and handed over 478 apartments in the same period, the firm said in a market filing. According to calculations by the Polish Press Agency, the developer sold 1,705 apartments year-to-date. Dom Development is one of the large...

Locked content GTC starts second stage of FortyOne

WSE-listed real estate developer GTC will start construction on the second stage of an office scheme in Belgrade within a few days. The delivery of the FortyOne project is scheduled for Q3 2016. FortyOne is an office complex comprising three buildings with a total space of 27,000 sqm. The first buil...

Locked content JLL: Poland has 28% share in investment volume in CEE

The preliminary Q1-Q3 2015 investment volume in the CEE region totals ca. €5.5 billion and represents a 22% growth year on year, JLL estimated in a report. The summer months have again seen a hive of activity across the CEE with a preliminary transaction volume of well over €2.8 billion recorded in ...

Locked content PKP to develop new scheme in Warsaw

XCity Investment, a real estate developer included in PKP group will carry out a new retail and office building on Aleje Jerozolimskie, in the proximity of the West Station scheme, the company informed. The value of the project is estimated at €134 million. It will feature 60,000  sqm of GLA space. ...

Locked content Orco Property Group to leave WSE

Orco Property Group is planning to delist its shares from the Warsaw Stock Exchange (WSE), ISBnews reported citing the company. “The intention is to withdraw shares traded on the Warsaw bourse, which is determined by the legal requirements and the final decision of launching the process of del...

Locked content MLP Group sells logistics parks

Subsidiaries included in industrial space developer MLP Group have signed preliminary deals with a view to selling logistics parks MLP Bieruń and MLP Tychy (Śląskie voivodship) to WestInvest Gesellschaft für Investmentfonds, ISBnews reported citing the company. The total value of the contracts stand...