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.
Forum Towarzystwo Funduszy Inwestycyjnych (FTFI) is the latest tenant to move into the newly completed third building of the Wadowicka 3 office complex in Kraków.
Polish furniture accessories and LED lighting distributor GTV has leased another 32,000 sqm at MLP Pruszków II. The company, which has been a tenant of the park since 2018, already occupies 20,300 sqm at the logistics centre on Warsaw’s western outskirts.
Eviosys Packaging Poland has renewed and expanded its lease in EQT Exeter Park Gdańsk. It will now occupy over 5,000 sqm of warehouse and office space.
Flex office provider CitySpace is to open a 3,500 sqm centre in the MidPoint71 office building in Wrocław, which is owned by Echo Investment.
Reserved, Mohito, Cropp, House, Sinsay, CCC, Half Price, Eobuwie and Modivo are the latest brands to be secured for Galeria Bawełnianka in Bełchatów in central Poland, which is scheduled to open on March 1st 2023.
Austrian real estate investor and developer S Immo has officially confirmed that it has abolished its voting rights cap, thus providing Czech counterpart CPI Property Group with a controlling stake and triggering a mandatory takeover offer.
Heilind Electronics Europe has leased around 4,000 sqm of warehouse and office space in the Hillwood Mysłowice logistics park in Upper Silesia.
Bank Pekao has refinanced Newbridge Poland’s ‘Smart’ portfolio of retail parks with a EUR 10 mln loan.
Hungarian investment manager Indotek Group has acquired the One Victoriei Center office building in Bucharest’s CBD from its developer, One United Properties, for an undisclosed sum.
Siemens Energy has leased 7,500 sqm of office space in the second office phase of One Cotroceni Park, which is under development in Bucharest.
Polish industrial developer LCube is to start its latest project – a 35,000 sqm warehousing centre near Mszczonów, about 55 km south-west of Warsaw city centre.
Atrium European Real Estate Limited, part of Israeli group G City (formerly Gazit Globe), has sold the Optima shopping centre in Košice in eastern Slovakia to an undisclosed buyer for EUR 118 mln.
Immofinanz has published details of its updated strategy following the majority takeover of the Austrian real estate investor by its Czech counterpart CPI Property Group. This will involve selling off around EUR 1 bln of assets.
Prague-based industrial developer P3 has completed the purchase of a plot of almost 5 ha in Katowice for the development of a 22,600 sqm warehouse centre.
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.
Austrian real estate investor and developer S Immo has officially confirmed that it has abolished its voting rights cap, thus providing Czech counterpart CPI Property Group with a controlling stake and triggering a mandatory takeover offer.
Immofinanz has published details of its updated strategy following the majority takeover of the Austrian real estate investor by its Czech counterpart CPI Property Group. This will involve selling off around EUR 1 bln of assets.
Adventum Group’s acquisition of a 360,000 sqm gla portfolio of 18 retail parks anchored by Tesco across Hungary and the Czech Republic has now been finalised. With this transaction, Adventum’s assets under management have reached EUR 1 bln.
US investor Invesco Real Estate has sold Panattoni Park Gdańsk Airport, a logistics park situated in the vicinity of the Gdańsk international airport, to EQT Exeter. The complex, part of which is still under construction, comprises five buildings and has a total leasable area of app. 110,000 sqm.
Carbon Tower in Wrocław, Ocean Office Park A and Tischnera Office in Kraków have been acquired by a partner of Lone Star Funds. The buildings offer a total of almost 66,000 sqm gla and are around 90 pct leased. Cavatina Holding has signed preliminary contracts for the sale of the portfolio, which is expected to be completed by the end of November.
EPP has finalised the sale of its 70 pct stake in the Towarowa 22 city-forming project in Warsaw to AFI Europe. The total value of the deal comes to more than EUR 180 mln.
Cavatina Group has set up Cavatina International as a subsidiary and plans to expand its portfolio of the living sector projects to foreign markets.
Global real estate investor Hines has raised around EUR 900 mln from institutional investors at the first closing of its Hines European Value Fund 3 (HEVF 3).
Invesco Real Estate has purchased the Hagibor residential development in Prague in a forward funding deal on behalf of its European Living Fund.
Xior Student Housing has signed a deal with Basecamp Group, European Student Housing Fund I and European Student Housing Fund II to purchase Basecamp's portfolio of private student accommodation for EUR 939 mln.
Czech fund Investika realitní fond and Luxembourg-based private investment company Bud Holdings have acquired Tensor Office Park in Gdynia for more than CZK 1 bln (app. EUR 40.5 mln or PLN 187 mln).
Polish industrial developer 7R has finalised the sale of a portfolio of projects across Poland to its Czech counterpart CTP Group. The portfolio includes sites with projects in both the development and pre-development phases. Around 1.2 mln sqm gla could potentially be developed on the acquired sites.
Austrian real estate investor S Immo and its Czech counterpart CPI Property Group have reached an agreement on the latter’s intended takeover of S Immo, involving the removal of the voting cap required by CPI to launch a mandatory offer.
Paris-based asset manager Paref Gestion, on behalf of its SCPI Interpierre Europe Centrale fund, has acquired the Browar Lubicz office complex in Kraków from Balmoral Properties for an undisclosed sum.
Skanska has sold the Nowy Rynek D office building in Poznań to Swedish real estate company Eastnine AB for EUR 120.6 mln.
Around EUR 898 mln worth of investments were traded in the Czech Republic in Q1 2022, demonstrating a 210 pct year-on-year increase according to the latest research by Savills.
Despite the war in Ukraine, inflation uncertainty, increasing construction costs, and fast-changing interest rates, the real estate market has nevertheless proven resilient, with several large transactions in the first quarter of 2022, states Cushman & Wakefield.
Apsys has announced that funds managed by Apollo, as part of its European Principal Finance business, have agreed to subscribe to undated subordinated notes for EUR150 mln.
OTP Bank Romania has granted an EUR 8 mln loan to Polish developer Scallier to finance the construction of the Funshop Park Turda retail park.
Government educational programmes on the TV are always keen to inform us that Poles are jealous of the whole world, but at the same time, each nation without exception holds a deep ...
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.
It really was 'a hard day’s night'! We’ve had to wait for this moment much longer than usual, but it has definitely been worth it. It is now possible ...
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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 ...
A portfolio of six office buildings across Poland owned by PineBridge Benson Elliot and Sharow Capital has been awarded Well Building Standard and BRE ...
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 ...
The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has ...
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 ...
Warimpex Finanz- und Beteiligungs AG has sold the B52 Office building in Budapest to Semmelweis University, which specialises in medical and health sc ...
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.
Polish automotive parts supplier Inter Cars Group has leased more than 20,000 sqm in Panattoni Park Sosnowiec I in Upper Silesia.