Immofinanz has closed the sale of the Grand Center Zagreb office property to a Croatian real estate company. The parties do not disclose the amount of the transaction.
Trigea fund has finalised the purchase of the Arkády Pankrác shopping centre in Prague. This is the largest ever retail real estate transaction by domestic funds in the Czech Republic, with a value in excess of CZK 6 bln.
A company from the Agat Ejendomme group (formerly TK Development) completed the sale of the Sandecja shopping mall in Nowy Sącz. The new owner of the facility is Focus Estate Fund.
CTP announces the successful placement of EUR 750 mln green bond with a six-year maturity and a 4.750 pct fixed coupon. The notes were settled and admitted to trading on Euronext Dublin.
Palmira has acquired a property in Krągola, situated between Poznań and Łódź, for the European Core Logistics Fund. Built in 2014 and occupied by Eurocash, the property comprises almost 40,000 sqm of hall and office space.
Dutch investment fund Van der Vorm has bought around 120 apartments from a Polish developer in Warsaw's Praga Południe district. The completed flats on ul. Siennicka are intended for long-term rental.
ZDR Investments Group has completed its first acquisition of the year. The company purchased a Billa grocery store with adjoining retail in the Prague district of Kunratice for its qualified investor fund.
The CEE-6 is poised for a significant GDP growth rate surge, tripling from below 1 pct last year to around 2.5 pct, retail parks continue to be a central focus driving market growth, the slowdown in deliveries of new offices will aid in filling vacant spaces, especially in modern/ESG-compliant offices – these are some of the predictions for the CEE-6 in 2024 just revealed by Colliers.
Avestus Real Estate has signed a loan agreement for the refinancing of the Imagine office complex in Łódź. The loan, totalling EUR 23.9 mln, was provided by mBank.
According to the 2024 Investment Intentions Survey – published by Anrev, Inrev and Prea – on a weighted AUM basis, the current average allocation to real estate globally is 10.6 pct, just slightly above the average target allocation of 10.4 pct.
BlueRock Group has succeeded in selling the remaining properties in the BlueRock Fund PCC Cell H - Berlin Residential Growth to individual private investors. The fund is therefore being liquidated.
One of the buildings in Warsaw's Wiśniowy Business Park complex has changed ownership. The name the buyer, as well as the amount of the transaction were not disclosed.
Uncertainty and volatility have been the two dominant trends shaping the commercial real estate market and buyer sentiment in recent months. However, according to Trends Radar, the latest report from Cushman & Wakefield, the Polish market, whose fundamentals remain strong, is broadly expected to regain equilibrium.
Yareal Polska and BNP Paribas Bank Polska have successfully concluded credit agreements totaling EUR 63.8 mln, enabling the development of the Lixa office project.
Panattoni has been awarded bank financing of around EUR 10 mln from Santander for the BTS development in Łubowo. The project will serve as the main European production plant for Maxcess.
Diofa Fund Management acquired Indotek’s Belgrade office portfolio including 11 premium office buildings in 5 business parks in Belgrade’s central business district.
Moody’s Investors Service in its latest report has maintained a stable outlook for CEE sovereigns' creditworthiness in 2024. This is driven by a robust macroeconomic outlook, limited economic scarring from Europe's energy crisis and the roughly unchanged fiscal strength of the region.
Centerbridge Partners is going to take control of Global Parks Poland, the owner of Suntago – the largest water entertainment park in Europe, located in Wręcza near Warsaw. The U.S. company has filed an application to the OCCP in this regard.
Mitiska REIM has announced the sale of five Belgian and five Portuguese retail parks to First Retail Partners, a newly established fund backed by Partners Group. The new fund has a gross asset value of around EUR 280 million and will be managed by Mitiska REIM and backed by Partners Group.
Immofinanz took over two properties from its majority shareholder, CPI Property Group – the Olympia Plzen shopping center and the adjacent retail park, the total value of both properties is EUR 165.5 million.
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.