ECE granted EUR 111 for Kaskada 2010-03-9
POLAND ECE Projektmanagement has signed a contract with Berlin Hyp bank regarding a EUR 111 mln loan for the company’s Galeria Kaskada shopping mall in Szczecin. Galeria Kaskada, which is scheduled for delivery in the autumn of 2011, is to(...)
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Half of Bonarka for sale 2010-03-9
POLAND TriGranit has announced that it is looking for a buyer for its Bonarka shopping centre located in Kraków. The company intends to keep around 50 pct of the shares in the mall and will remain as manager of the facility. The 91,000 sqm centre(...)
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Engineering in the Urals 2010-03-9
RUSSIA Electrical engineering firm Russkiy Svet (Русский свет) has signed a 5-year lease for 12,500 sqm of class ‘A’ warehousing in the Pyshma(...)
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Sberbank sells Alpi chain 2010-03-9
RUSSIA State-owned bank lender Sberbank has auctioned off 23 Alpi supermarkets for USD 117 mln (EUR 86 mln) to AMK-Pharma. The ownership of the properties had been transferred to Sberbank at the end of last year to cover unredeemed debts owed by(...)
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Eurolux changes hands and name 2010-03-9
RUSSIA Umaco has bought the Eurolux hotel complex in central Moscow from a consortium made up of private investors. The 3-star complex, which is currently under refurbishment, should be re-opened this spring under the new name of Katerina Park. The(...)
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Good news expected 2010-03-9
CEE REGION Around 1.5 mln sqm of modern industrial space was leased out in the Central European region in 2009, a figure comparable with that of France, which saw 1.6 mln sqm of take up last year, and is considered to be the largest industrial real(...)
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Consortium for ring road 2010-03-9
POLAND A consortium made up of PM Group and Fehily Timoney has signed a contract for the project management of the ring road construction in Mięków (national road 3). The contract is worth PLN 50 mln and includes supervising the realization of the(...)
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Hercesa finally gets apart-hotel off the ground 2010-03-9
ROMANIA Spain's developer Hercesa has taken out a EUR 10 mln loan from BCR and La Caixa banks to complete renovation work to the former Cişmigiu Hotel on Bucharest’s Blvd Regina Elisabeta. The 6,900 sqm property, which it purchased in 2004, is(...)
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