SPM Poland, a subsidiary of Italian logistics conglomerate BCube, has leased more than 15,000 sqm in MLP Wrocław.
Polish corrugated packaging manufacturer Janmar Centrum has leased 7,300 sqm in Segro Logistics Park Stryków in central Poland.
Leventer Medical Group has signed a 25-year lease agreement for 6,500 sqm in the Myhive Victoria Park office building in Bucharest.
Logistics provider DHL Supply Chain has renewed its lease with Logicor in Racibórz in Upper Silesia, while leasing another 10,000 sqm in an extension to the facility. bringing the total area of the company’s distribution centre up to 32,000 sqm.
E.ON Hungária, the Hungarian unit of German energy network specialist E.ON Group, has leased 16,200 sqm in Atenor’s BakerStreet office complex in Budapest.
Panattoni has finalised the sale of five fully-leased logistics parks in Poland to an undisclosed North American real estate investment manager for EUR 160 mln.
Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.
Romanian developer Globalworth has been granted an EUR 85 mln loan from the International Finance Corporation, which is a member of the World Bank Group.
UK-based e-commerce company JLI Trading has leased 6,050 sqm of logistics-related space in a hall that is under construction in BIK Park Wrocław.
Plzeň-based automotive body structure supplier Shape Corp has leased 36,400 sqm in Panattoni Park Pilsen West II, which is currently under construction.
Panattoni has completed a 10,100 sqm warehouse for Polish public transport vehicle manufacturer Solaris Bus & Coach for its existing factory in Bolechowo, north of Poznań.
Czech industrial fund Accolade, which has far invested CZK 5 bln (app. EUR 200 mln) in warehouse developments in the Karlovy Vary area of West Bohemia, is planning to invest a further CZK 6 bln in this part of the country.
Austrian developer Karimpol Group has opened the first phase of the Squarebizz Bory business and showroom centre in Bratislava.
The Australian Embassy in Poland has moved from its previous building on ul. Nowogrodzka in downtown Warsaw to the Rondo 1 skyscraper in the city’s CBD.
After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place on August 4th, at the Monta Beach Volley Club in Warsaw. Eurobuild is the media patron of the event.
Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company has recently added to its portfolio.
Polish automotive parts supplier Inter Cars Group has leased more than 20,000 sqm in Panattoni Park Sosnowiec I in Upper Silesia.
Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund for over EUR 100 mln, while German fund manager KGAL Group has bought three buildings in the Fuzja office complex in Łódź for EUR 56 mln.
Warimpex Finanz- und Beteiligungs AG has sold the B52 Office building in Budapest to Semmelweis University, which specialises in medical and health sciences, with the 5,200 sqm property changing hands for EUR 12.575 mln.
Three new leases for a total of around 4,700 sqm of office space have been signed for two office buildings in the River City Prague complex, which was developed by CA Immo.
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in summer 2023.
The Bucharest hotel market has the highest growth among CEE capitals in terms of revenue per available room (RevPAR), according to the Hotel Operator Beat H2 2021 report by Cushman & Wakefield.
Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.
UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.
CPI Property Group has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate for an undisclosed sum.
Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.
The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.
Radisson has opened its 15th hotel in Poland.
IHG Hotels & Resorts is to open the the first Holiday Inn Resort in Poland – in the Szklarska Poręba mountain resort in southwestern Poland, in partnership with AKME Wiśniewski Szklarska Poręba.
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.
Radisson Hotel Group has opened the Belgrade Art Hotel.
In 2020, EUR 370 mln was transacted in the hotel sector in Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia, according to the third CEE hotel investment report published by CMS and Cushman & Wakefield.
The Matild Palace hotel has reopened in Budapest after five years of extensive renovations. The building, which is owned by Özyer Group, is to be run by Marriott International as a Luxury Collection Hotel.
According to the Chamber of Commerce (Izba Gospodarcza Hotelarstwa) for the Polish Hotel Industry, Polish hotels face losses from May this year of up to PLN 750 mln.
The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.
The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.
Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.
Focus Hotels has opened an 85-room hotel in Elbląg.
The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.
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Small talkSwedish real estate investor Eastnine has until now mainly been active in the Baltic states. As it takes the plunge into the Polish market with its first acquisitions, we asked the ...
Stock market reportThe Warsaw Stock Exchange has been performing poorly recently in comparison to other trading floors across Europe, even though the economy has been surprisingly resilient and the e ...
The Iulius group and Netherlands-based Atterbury Europe are to invest EUR 0.5 bln in a large-scale, mixed-use urban redevelopment project on the 14 ha ...
Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
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A special series of podcasts straight from Cannes! The latest comment, opinions and forecasts! Every morning, exclusively at www.eurobuildcee.com!
After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Romanian developer Globalworth has been granted an EUR 85 mln loan from the International Finance Corporation, which is a member of the World Bank Gro ...
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in s ...
Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Tétris has completed the fit-out work on Echo Investment’s new head office in Browary Warszawskie (the Warsaw Brewery).
Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund f ...
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 ...
SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its l ...
Leventer Medical Group has signed a 25-year lease agreement for 6,500 sqm in the Myhive Victoria Park office building in Bucharest.
Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company ha ...
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 ...
Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.
Reserved, Mohito, Cropp, House, Sinsay, CCC, Half Price, Eobuwie and Modivo are the latest brands to be secured for Galeria Bawełnianka in Bełchatów i ...
Vantage Data Centers has announced the opening of two hyperscale data campuses – in Warsaw and Berlin.
SPM Poland, a subsidiary of Italian logistics conglomerate BCube, has leased more than 15,000 sqm in MLP Wrocław.