MLP Group’s revenue up 17 percent in Q1 2021
MLP Group released its consolidated financial results for the first quarter of 2021, showing revenue of PLN 49.9 million, up 17 percent year on year. Equity (net assets) rose...
Author: Winston Norman
Hotel industry expects a rebound in 2023-2024
Representatives of the global hotel industry have found themselves in a very difficult situation due to government restrictions that significantly limited the possibility of doing business. Justyna Kijewska, Associate,...
Fashion House opens €25 million outlet centre in Bucharest
Developer Fashion House has opened its second outlet centre in Bucharest following an investment of €25 million. The project is located in the eastern part of the city and...
Construction volume of industrial buildings in the Czech Republic at an all-time high
According to Savills latest report the development pipeline for the Czech industrial market reached the highest level in history in Q1 2021. There were 47 industrial buildings in various...
Panattoni to deliver huge e-commerce project in Poznań for DHL Supply Chain
Panattoni has completed the shell stage of another huge commission for the e-commerce sector. In Żerniki near Poznań, the developer is building a BTS facility with an area of...
Firefighters in Warsaw acquire new pumps to extinguish fires in skyscrapers
Two fire brigades have acquired innovative equipment for extinguishing fire in high-rise buildings in Warsaw. Special-purpose firefighting sets were designed and manufactured by firefighters. This is the first such...
Poland’s industrial market powers on
Astonishing gross take-up totalling 1.6 million sqm is the best ever quarterly result for Poland’s industrial market. Developers are also maintaining the pace with 2.3 million sqm under construction,...
Adventum pays around €150 million for office project in Bucharest
Belgian developer Atenor announced it signed the agreement for the sale of Hermes Business Campus three-building office project (75,200 sqm GLA) in the north of Bucharest to Adventum Group,...
Riga office market is awakening after a long winter’s sleep
Increased activity can be felt in the Riga office market, where 85,000 sqm of new office space was offered in 2020 and investment transactions were more active than in...
Immofinanz to refurbish VIVO! Baia Mare in Romania
Immofinanz announced that it will begin the refurbishment of the VIVO! Baia Mare shopping centre on 1 June. The refurbishment work will bring new tenants to the centre’s portfolio...
Decathlon launches new format store in Moscow neighbourhood center
French sporting goods retailer Decathlon opened its first pop-up kiosk in Moscow which is located in the Mesto Vstrechi Angara (Meeting Place Angara) neighbourhood centre. The new format is...
Mecalit signs lease for 10,500 sqm of space in Central Poland
Mecalit, a leading supplier of technical precision parts made of plastic, decided to sign a lease agreement for 10,500 sqm of warehouse space at the Central European Logistics Hub,...
