Sorry, the publication can not be displayed.

Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS Korczowa Dolina Serdika Center Korczowa Dolina offers new commercial venue for trading with Ukraine The investors of Korczowa Dolina Distribution Centre have recently received a building permit to construct the distribution centre on the European Union s eastern border. The project will include three trade halls, as well as accompanying investments: hotel, petrol stations and a logistics centre, EAST A4 Logistic Park. Korczowa Dolina Distribution Centre will be built next to the Korczowa A4 motorway junction, 2.5 km from the Ukrainian border, with fast access to Przemyśl and Rzeszów in Poland, and Lvov in Ukraine. The centre is heralded as the biggest and the most modern distribution-trading complex in Poland within the limits of the Polish-Ukrainian visa-free traffi c zone. The venue will serve three channels of distribution: wholesale, small-size wholesale, and retail. The centre will have an expo- sition floor space enabling professional presentation of offers both Polish and foreign and will be equipped to host trainings and conferences dealing with import and export. A suitable environment will be created to facilitate successful management of big contracts and wholesale deliveries. The project is divided into three stages. The Lvov Hall will be ready this autumn, the Kiev Hall in April 2011, and the Donieck Hall is estimated to open for business in October 2011. Each hall s floor space will be around 24,000 sqm. The Lvov Hall will include an exhibition and conference centre projected to take up 4,000 sqm. The additional facilities such as a hotel, petrol stations and the logistics park will be built simultaneously. The centre will offer 2,000 parking spaces around the halls and a delivery parking for initially 100, and with time 500 long vehicles located in front of the centre. "Th anks to its location right next to E40, Europe s longest road and the most important communication route connecting Western Europe with Ukraine, Korczowa Dolina Distribution Centre will become the most important trading hub in the region," commented Andrzej Rosiński, General Director of the investment. "We are convinced that our project will be success- ful. Our centre is less than 80 km away from Lvov or Rzeszów, and only around 20 km away from Przemyśl." Korczowa Dolina is the general investor in the project, Retail Concept together with Brabant are responsible for leas- ing, Kaniewski i Łuszczyński Architekci are the authors of the architectural project, while Bose International Planning & Architecture is responsible for interior design. Serdika Center in Sofia celebrates its opening After a construction period of roughly two years one of the biggest shopping centres in South-Eastern Europe, the Serdika Centre in Sofia, has opened its doors. The state-of-the-art shopping centre has been realized by Sparkassen Immobilien and ECE Projektmanagement. Serdika Center comprises more than 51,000 sqm of leasable space on three levels and about 30,000 sqm of Class A offi ce space, which will be opened for operation by the end of 2010. Around 210 shops of international and Bulgarian brands offer a huge variety of latest fashion trends, international and local cuisine as well as a wide range of services. The total investment amounts to 210 million. More than 2,000 new jobs are created within the framework of the project. The fact, that this project has been realized within such a tight time-schedule despite the current economic situation demonstrates the investors strength and the unrivalled experi- ence and professionalism of the parties involved, said Plamen Iltchev, Managing Director of ECE Bulgaria. Particularly the fact, that almost all shops of Serdika Center are leased, shows that our confidence in the success of the centre is fully shared by the retailers. Serdika will set the new high standards of the shopping experience in Bulgaria. Metropol Dom i Wnętrze celebrates grand opening Metropol Dom i Wnętrze, a new shopping centre offering furniture and home fi nishing, has offi cially opened. The complex, located in Warsaw, is owned by Jagiellońska Centrum Logistyczne, a subsidiary of the Metropol Group. Among the grand opening attendees were such guests as: shareholders of Metropol Group, representatives of Israel Embassy, the general contractor - Budohal, subcontractors, tenants and King Sturge Agency, who was the exclusive agent responsible for commercialization of the centre. 17 OFFICE SPACE LISTINGS IN POLAND see inside! April 2010 Volume 4 No 4 (37) Monthly News Published by NEWS Poland well positioned to thrive Poland took centre stage for the first time at this years international real estate fair MIPIM. As a result, the country witnessed many events arranged for partic Commercial Real Estate News Volume 4 No 4 (37) April 2010 Salans advises Bonduelle Group in connection with its investments in Ukraine Salans has acted as a legal advisor in Ukraine to Bonduelle Group, in relation to its investment in the construction of a factory producing canned and frozen vegetab Commercial Real Estate News Volume 4 No 4 (37) April 2010 European housing showing signs of recovery Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review. A significant number of European residential marke Commercial Real Estate News Volume 4 No 4 (37) April 2010 ProLogis leases nearly 70,000 sqm of distribution space in Central Europe ProLogis has announced that it has signed five new lease agreements in Central Europe, covering 68,800 sqm. Three lease agreements were signed in Poland, the first with Commercial Real Estate News Volume 4 No 4 (37) April 2010 Poland is well positioned to thrive after growth in 2009 say market professionals at EuropaPropertys Poland Breakfast Forum Poland took centre stage for the first time at this years international real estate fair MIPIM. As a result, the count Commercial Real Estate News Volume 4 No 4 (37) April 2010 The panel agreed that retail will be the strongest sector because the yields are so attractive. Retail has been holding up pretty well and that is coming across in our valuations, Chris Grzesik explained Going into more detail on why to inves Europaproperty.com provides comprehensive and up-to- date news, information and analysis on commercial real estate markets and related businesses. Through our printed and electronic publications, conferences and awards events we cover the whole of Central and Eastern Europe, Russia and the CIS. Subs Commercial Real Estate News Volume 4 No 4 (37) April 2010 FINANCE FOCUS Hypo Real Invest acquires Vyšehrad Victoria offi ce building in Prague Skanska Property Czech Republic is divesting its offi ce project, Vyšehrad Victoria, in Prague to HRI Immobilienfonds, of the Austrian Hypo Real Invest AG, f Commercial Real Estate News Volume 4 No 4 (37) April 2010 FINANCE FOCUS Corio acquires 1.3 billion Multi shopping centre portfolio Corio has purchased a 1.3 billion shopping centre portfolio from Multi. This ranks as one of the largest European retail portfolio transactions recorded to date. Corio w Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS Galeria Kaskada GTC and Polnord join forces on retail project in Warsaw Globe Trade Centre S.A. (GTC) and Polnord S.A. (Polnord) have signed a term sheet of a joint venture for the development of a modern shopping centre on a 7 h Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS The awards were witnessed by 450 top industry professionals CEE RETAIL A W ARDS Pawel Debowski, Clifford Chance Martin Erbe, WestImmo Daniel Harris, MGPA and the region as a whole, is very much an active market and one that we ho Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS of the Year award. Chapman Taylor picked up Architectural Firm of the Year, Clifford Chance was awarded Law Firm of the Year and First Title took home the Professional Service Provider of the Year award. AWARD WINNERS Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS TriGranit share holders inspect Arenas construction progress IKEA s Port Lodz Arena Centar works ahead of schedule A delegation of TriGranit shareholders and executive management recently visited Zagreb to inspect the constructio Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS Korczowa Dolina Serdika Center Korczowa Dolina offers new commercial venue for trading with Ukraine The investors of Korczowa Dolina Distribution Centre have recently received a building permit to construct the distribution centr Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS Multi Corporation sells 35 percent of Forum Mersin to Union Investment for 68 million Multi Corporation and Union Investment have finalized an agreement to purchase the remaining 35 percent of the shares owned by Multi. Union Inv Commercial Real Estate News Volume 4 No 4 (37) April 2010 RETAIL FOCUS Polands first Family Point opens in Wroclaw Polands first Family Point has opened its doors in Wroclaw. The 9,000 sqm centre is one of only a few retail parks in the country and features a total of 17 shopping and recreational ou Commercial Real Estate News Volume 4 No 4 (37) April 2010 EuropaProperty presents the 5th annual SEE Real Estate Awards for 2009 Building on the success of the last four EuropaProperty SEE Real Estate Awards, EuropaProperty is proud to present the fifth annual SEE Real Estate Awards for 2009. The Aw Commercial Real Estate News Volume 4 No 4 (37) April 2010 Segro wins a new customer in Tulipan Park Ostrava The German company Erwin Quarder has become the latest customer in Segros Tulipan Park Ostrava, leasing a total of 4,220 sqm of warehouse space. Tulipan Park Ostrava is being developed on a 4 Commercial Real Estate News Volume 4 No 4 (37) April 2010 European investment volumes up 10 percent over last four quarters says DTZ Reflecting seasonal trends, the volume of commercial real estate investment across Europe posted a 29 percent quarter- on-quarter decrease to 16.3 billion, when compar Commercial Real Estate News Volume 4 No 4 (37) April 2010 Central Europe boosts industrial real estate market Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last Commercial Real Estate News Volume 4 No 4 (37) April 2010 People on the move Kirill Popov appointed as Executive Director at C&W in Russia Cushman & Wakefield has announced the appointment of Kirill Popov as an Executive Director. Kirill will focus on coor- dinating the activities of the offi ce, re Selected Offi ce Buildings in Commercial Real Estate News Poland List your available office space in the May edition of The Wire for only 99. Deadline April 25th. Volume 4 No 4 (37) April 2010 photo name of building address net price (per sqm) class total space /available /minimum available investor Commercial Real Estate News Volume 4 No 4 (37) April 2010 Selected Offi ce Buildings in Poland, cont d photo name of building address net price (per sqm) class total space /available /minimum available investor contact agency contact Advertise your SUBLEASE offi ce space in The Wire for only 99 per The Commercial Real Estate NEWS E.C.E. Property Media ul. Łucka 15, 00-842 Warsaw, Poland iption ubscr t: s ac trial for a lease cont perty.com p pro opa eur eting mark Publisher Craig Smith craigeuropaproperty.co +48 604 144 769 Editorial Director Winston Norman winstoneuropaproperty. +48 (22) 586