Archive for April, 2012

Conarg bet on residential pays off

April 24, 2012 13:42
Conarg bet on residential pays off

With less than 200 units to sell from a 1,500 total, will Conarg be content to wait on the development sidelines?   Last month, Conarg, the developer of three major residential projects in Bucharest, reported that apartments in all of them had sold well, despite the poor state of the [...]

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Mercedes opens Kecskemet plant.

13:18
Mercedes opens Kecskemet plant.

The arrival of the Bavarian car manufacturer Mercedes is a welcome relief from recent problems in Kecskemet . A Mercedes factory was opened in March in the city of Kecskemét, four years after the German automobile manufacturer announced it would be investing in the country. In fact, a soft launch of [...]

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Home Broker – Bottom approaching for residential prices?

13:08
Home Broker – Bottom approaching for residential prices?

Will Poland‘s residential market see real strengthening as early as 2014 according to Home Broker ? Analysts at the Home Broker agency are predicting a turnaround in the residential market beginning in 2013, and eventually strengthening in 2014. Their view is that the drop in prices will slow significantly down to [...]

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Immofinanz ‘s CEO Eduard Zehetner: Control is better.

12:20
Immofinanz ‘s CEO Eduard Zehetner: Control is better.

Immofinanz ‘s CEO says investors need to seize their opportunities as they arise. You can move forward on your Jindrišská project without financing, so you don’t need a pre-lease. But is it worth it to use so much equity of your own equity to build? We have enough equity, we [...]

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Skanska signes Grant Thornton for offices in Warsaw

April 13, 2012 17:13
Skanska signes Grant Thornton for offices in Warsaw

A new lease was signed to fill the space in Skanska ‘s Warsaw’s Green Corner with the company Grant Thornton, which took the total of 1,345 sqm of offices at the building.   The global advisor now operates five offices in Poland, in Warsaw, Poznań, Wrocław and Katowice, employing 250 [...]

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NEPI commercial property company was one of busiest investors

April 12, 2012 17:07
City Business Center Timisoara Romania

NEPI commercial property company was one of busiest investors on the retail and office local market last year. In April it began the expansion of Promenada Mall in Braila, where the group is currently carrying out deep changes to the tenant list. These will result in a repositioning of the mall [...]

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Benteler Distribution – Lease deal sparks construction !

17:04
Benteler Distribution – Lease deal sparks construction !

Benteler Distribution Hungary Kft has signed a lease contract for 6,300 sqm of warehouse and office area with New Sites Kft, a company belonging to the Ablon Group. The agreement has sparked the beginning of construction of building H, or the third phase, of Airport City Logistics Park. Located near [...]

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Develon vs. Crestyl – Developers dueling in Opava

16:21
Develon vs. Crestyl – Developers dueling in Opava

In February, the developer Develon announced it had won a tender for the lease of a 1,500 sqm store called Slezanka from the city of Opava on the city’s main square Horní nám. On the face of it, this seems a bizarre move for a company that’s hoping to complete [...]

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Infosys Signs On to Skanska

15:39
Green Horizon Skanska

Skanska Property Poland has signed up a new tenant for Green Horizon, its office complex in Łódź, increasing the amount of space it’s leased in the new building to 15,000 sqm. Infosys BPO Poland is to move into its new premises in November 2012, taking space in the first phase [...]

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