CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.
Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II building. The project received planning permission in March this year.
Axi Immo has decided to extend its existing lease and add new space for its growing business lines in Warsaw's Spektrum Tower office building.
VGP, a European provider of logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3). Building A covers an area of almost 26,000 sqm and has already two tenants, who have signed lease contracts for a total of more than 8,000 sqm.
Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish Retail Fund to Star Capital Finance for EUR 285 mln.
Skanska has sold the Studio B office building in Warsaw to Stena Real Estate for EUR 86 mln. This is already third transaction between the two parties in Central and Eastern Europe.
Peakside Capital and Generali Investments Slovenia have sold, on behalf of Generali Adriatic Value Fund, the Austria Trend hotel located in the Slovenian capital.
Garbe has completed a distribution warehouse it developed in Holzgerlingen, south of Stuttgart, Germany, with a total area of around 14,500 sqm. The property was now officially handed over to Edeka Südwest.
ING Bank Śląski has agreed to lend more than EUR 26.8 mln to MLP Group. The purpose of the loan is to refinance existing projects spanning an area of 58,200 sqm, and finance the construction of another 21,700 sqm of warehouse facilities within the MLP Poznań and MLP Poznań II logistics parks.
Sopot Marriott Resort & Spa, inaugurated in 2012, has been awarded the LEED Gold certification in the Operations and Maintenance category, granted to existing buildings.
Volvo Tech Hub will occupy 10,000 sqm of space in the Brain Park C building owned by Echo Investment. The new part of Volvo Car Poland will move into the Kraków office building in stages, starting in September 2024.
Panattoni has received financial support for the development of the City Logistics Kraków III project. The EUR 21 mln loan granted by mBank will make it possible to finalise the construction of the logistics park, located in Kraków’s Nowa Huta district.
7R has started a partnership with Wood & Company to jointly realize the development of 7R Park Tczew III. The first of four warehouses, mostly leased by ESA logistika Polska, has just been commissioned by Dekpol Budownictwo, while further halls are in the pipeline.
Real Management has signed a loan agreement with mBank for over EUR 14 mln in funding for construction of the Good Point V warehouse and production park in Łubna.
Industrial packaging distributor Neopak is to move its main warehousing facilities to Panattoni Park Warsaw South IV, where it is to occupy over 10,500 sqm of warehouse and office space.
The Office House building in the Towarowa 22 project has reached its target height of nine floors. Installation of energy-efficient glass has begun on the façade.
The May issue of "Eurobuild" has already been published, as usual, full of interesting articles and professional analyses! Lovers of news in the fields of technology, investments, finance, PRS, retail and logistics will not be bored!
Eurocash Group is staying at the Warsaw office complex, part of the portfolio of Pine Bridge Benson Elliot and Syrena Real Estate, for the next few years. Eurocash has signed a lease for four floors in Building A at Diuna, totalling nearly 4,600 sqm.
A specialist real estate investor has purchased the Panattoni Park Poznań XI for EUR 92.5 mln. The centre is one of the main logistics hubs for a leading European fashion platform for its operations.
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec sub-district of Warsaw’s Mokotów district.
Construction of a new campus for the Faculty of Medicine and Pharmaceutical Faculty of Charles University in Hradec Králové is now underway. The complex, named Mephared II, will provide space for research and development in the areas of medicine, pharmaceutical and other biomedical sciences.
The National Centre for Football Training, Research and and Coaching will be built in Otwock, near Warsaw. The Polish Football Association is responsible for the construction of the facility. The cost of the investment is more than PLN 400 mln.
Construction work has begun on what is to be one of the largest sports, cultural and social venues in the Czech Republic – in the central city of Jihlava, on the border of Bohemia and Moravia.
Construction work has begun on Sinfonia Varsovia's new home in Warsaw’s Praga Południe district. The city council has commissioned Doraco to carry out the first stage of the project, with the orchestra to move into its new address in two years' time.
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will become the largest and most modern in the country.
Sekyra Group has agreed with Prague’s authorities to contribute CZK 560 mln to the development of a new school and park on Rohanský ostrov (Rohan Island). The agreement unblocks the developer’s Rohan City new district project, which began last year.
Mostostal Warszawa has been awarded a contract worth PLN 84.99 mln gross to renovate the Pomeranian Dukes' Castle [Zamek Książąt Pomorskich] in Szczecin, which will involve work on the terraces and the reconstruction of the northern wing.
The topping out ceremony has taken place for the Museum of Modern Art in Warsaw, on pl. Defilad in the city centre. Warbud is the general contractor of the project.
The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in the university’s long-term development programme, whose budget amounts to app. PLN 1 bln.
Construction work on the ŁKS stadium in Łódź has been completed, with only the remaining finishing work left to do.
In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.
Skanska has signed a deal with the National Archive in Kraków to build the country’s largest archive building in Nowy Sącz.
The Sinfonia Varsovia symphony orchestra has received the last of the design documentation for its new centre.
A P+R car park for 880 vehicles is under construction in Černý Most (Prague 9).
Hochtief Polska has been awarded a PLN 172 mln contract to build the new home of Małopolskie Centrum Nauki Cogiteon (the Cogiteon Małopolskie Science Centre) in Kraków.
A building permit has been issued for the Teatr Rozmaitości in Warsaw and work can begin on the building designed by New York architectural studio Thomas Phifer and Partners with PA Wojciechowski and Buro Happold.
Erbud has been awarded a PLN 22.5 mln net contract for the construction of the Mińsk Mazowiecki county police headquarters.
Delta Holding has submitted an offer in the latest public tender for the purchase of the Sava Center congress hall in Belgrade.
The Polish branch of Strabag together with Strabag subsidiary Ed. Züblinare to use BIM 5D [Building Information Modelling] to expand and modernise the Bielański Hospital in Warsaw in a contract worth app. EUR 27 mln.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real e ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Sopot Marriott Resort & Spa, inaugurated in 2012, has been awarded the LEED Gold certification in the Operations and Maintenance category, granted to ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The May issue of "Eurobuild" has already been published, as usual, full of interesting articles and professional analyses! Lovers of news in the field ...
Welcome to a special episode of Eurobuild FM! Next Monday, the May issue of the "Eurobuild CEE" monthly will be released, and today we have a preview ...
On 24 May 2024, we will inaugurate a new event in the real estate community - Eurobuild's Annual Running Tournament! Participants will run through the ...
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II build ...
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava ...
The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
Walter Herz
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
The retail sector is not slowing down
The retail sector is not slowing down
Walter Herz
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Retail parks – current opportunities
Retail parks – current opportunities
Avison Young
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...