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2019-10-22  09:33
CIJ Serbia
Company News

Wizz Air plans to add 271 planes to fleet by...

Wizz Air expects it will carry a total of 40 million passengers this year, up 15 percent from 2018. Over the next decade, the Hungarian low-cost airline carrier is planning to triple its fleet and start offering routes beyond Europe. Stephen Jones, CEO of Wizz Air Hungary, said the company is set to add 271 planes to its fleet by 2028. Since launching in 2014, Wizz Air has served 215...
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2019-10-22  09:30
CIJ Serbia

Commercial property investments in Hungary...

Commercial real estate investments in Hungary grew 58 percent y-o-y to €0.6bn in the first half of 2019, according to the national bank. Office investments made up 59 percent of the total, while hotel deals account for 16 percent. Industrial and logistics amounted to 11 percent, followed by retail with 10 percent of the total. Hungarian companies were the biggest commercial property i...
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2019-10-22  08:57
Company News

Matexi to build resi project in Kraków

Matexi has secured a building permit for its new residential project, which will go up along Rogalskiego street in Kraków’s Wola Justowska area. Construction is scheduled to break ground in December. The scheme will offer 34 apartments with spacious balconies. Matik designed the project. This is the Belgian developer’s first residential scheme in Kraków. The company intends to build s...
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2019-10-22  08:56
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Company News

Europe’s senior living sector sees record...

More than €700m has been invested into the senior living sector across the UK and Europe since the beginning of the year, which is the highest level ever recorded, according to Savills. The record high volume was achieved largely due to two significant transactions in the UK: the forward purchase of the Royal Warwick Square project in London by Riverstone Living and the development of...
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2019-10-22  08:54
Company News

Unibep to build Nordic Sadyba project in Warsaw

Unibep is planning to start work on a residential project on Nałęczowska Street in Warsaw by the end of this year. The contract is worth PLN 98.8m. Nordic Sadyba will offer 281 apartments and 12 retail and service units on 11 floors. There will also be 342 underground parking spots. The project scope will include utilities and roads. Construction is scheduled to break ground in Decem...
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2019-10-21  15:12
Crest Communications
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Logistics and Supply Chain Confidence Index:...

Domestic demand continues to be strong; however, economic growth across European countries is slowing down gradually and, as expected by senior supply chain professionals, it will influence future export levels. Nevertheless, companies still see the potential for further growth. These are some of the findings from a new survey carried out by CBRE, the world’s leader in commercial real...
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2019-10-21  12:11
CIJ Serbia
Company News

MK Group investing €5m in Istria

The Serbian based MK Group is in the midst of a €5m worth of investments in Istria, Croatia. The company has already completed more than €3m of work on the Kempinski Hotel Adriatic and it will be pumping another €2m into new investments in 2020 to improve its tourist assets in the country. The Kempinski is part of the Skipper Resort complex in Savudrija that MK Group acquired in 2017....
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2019-10-21  12:05
CIJ Serbia
Project News

Bulgaria starts work on Balkan Stream gas...

Construction has begun in Bulgaria on the extension of the Balkan Stream natural gas transmission network from the country's Turkish border to Serbia. Plans for the pipeline have it passing through 11 regions of the country in a project that's expected to take nearly two years to completed. In April 2019 Bulgartransgaz EAD awarded the contract for the realization of the proj...
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2019-10-21  11:27
CIJ Romania
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CIJ Awards Gala Romania – Final List of Nominees

The most awaited property awards event in Romania, CIJ Awards Gala, announces the final list of nominees in 2019. CIJ Awards Gala Romania has got to the 12th edition and will take place on 5th of December, at Radisson Blu Hotel, in Bucharest. In order to find out which are the 2019 CIJ Awards Gala nominees, please check out the pdf document attached. CIJ Awards Gala Romania 2019...
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2019-10-21  10:08
Project News

Someone’s lying in the fight over Prague’s...

The latest plans for a railway connection to Prague's airport are being attacked by a Prague 6 politician, Roman Mejstřík, who claims developers are behind everything. Mejstřík is the chairman of the Collective for the Protection of Střešovic a Břevnov, a Prague 6 civic organization formed to block approval of the so-called "Southern Route" rolled out by the Czech Railw...
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