Neinver, a Spanish developer, investor, property and fund manager, has decided to enter the Czech market, the eighth market in which the company has a presence. Neinver has partnered with The Prague Outlet to forge a joint venture launching Prague The Style Outlets, the first premium outlet centre in the Czech Republic. Neinver will be in charge of leasing, retail and property management. The joint venture is financed by PPF Bank.

JLL has been selected as property manager for the Wołoska 24 office building in Warsaw. The firm’s responsibilities include maintaining the best relations with tenants and the complex operational, technical and financial management of the property. Ghelamco is the project’s investor and developer.

Building F, the sixth Class A office building of Krakow’s Bonarka for Business (B4B) complex has opened today. TriGranit, the developer plans to deliver three more office buildings in the near future due to the increasing demand for office space in the region. 

Airports have become an important part of daily life and they have proven to be essential for the development of cities and regions. Good and fast connections are key parts of doing business and the lack of efficient infrastructure can hinder the economic growth of entire regions. Airports in Central and Eastern Europe have a long way to go until they can secure their place on the global map, but they can easily improve their position within the region by increasing their competitiveness. One of the key ingredients of success is establishing adequate transport links.

International real estate developer HB Reavis has sold its Konstruktorska Business Center to international real estate investment company Golden Star Estate B.V. in the developer’s first divestment in the Polish market.

The time capsule of the first hotel in Hungary with direct terminal access was placed at Ferenc Liszt International Airport this week. The 145-room ibis Styles Budapest Airport Hotel featuring conference facilities is scheduled for completion in 18 months.

Prologis has opened a 16,000 square metre small business unit (SBU) facility at Prologis Park Chorzów, which is already 60 percent leased. This is the last building to be constructed at Prologis’ largest distribution centre in Poland, totalling 251,000 square metres.

Erbud SA has been chosen as the contractor of the shell of Galeria Libero, which is being developed by Echo Investment in the southern part of Katowice.

Colliers International has opened its office in Katowice in Poland. It is located on the 13th floor of Altus office building in Uniwersytecka 13 street. The director of the Katowice regional office is Barbara Pryszcz, who joined the company in March this year. Barbara is responsible for the company’s development in Katowice and the Upper Silesia region. 

Echo Investment has published its H1 2016 results. The Group had the revenue of PLN 280.5 mln in H1 2016 (compared to PLN 273.8 mln in H1 2015), a gross sales profit of PLN 145.4 mln (compared to PLN 135 mln), an operating profit of PLN 404 mln (compared to PLN 31.3 mln) and a net profit of PLN 299 mln (compared to PLN 22.7 mln).