Investment & finance
As previously announced, Cavatina has purchased a site located in the centre of Warsaw at ul. Chmielna 75. The transaction amounts to more than PLN 145 mln. The group intends to develop a mixed-use project in this location, with a predominantly residential function.
Investment & finance
Estonian renewable energy company and independent energy producer Sunly is planning to build six solar parks in Latvia with a total capacity of 52 MW. The construction is financed by Swedbank with EUR 22 mln. This is Swedbank’s biggest contribution to the solar park sector in Latvia.
Eurobuild FM
Welcome to a special episode of Eurobuild FM! This short podcast featuring Andrzej Dużyński also includes the announcement of an extensive interview with the head of Ideal Idea that will be published in a few days in the Christmas issue of Eurobuild CEE magazine. We invite you to both listen in and read the article!
Office & mixed-use development
Energy sector services and supplies group Eximprod is relocating its Bucharest office to the Equilibrium 2 building in the same city.
Warehouse & industrial
Romanian online shipping company FAN Courier has leased 10,000 sqm – the last available space – in VGP Park Arad in western Romania.
Warehouse & industrial
Panattoni's development of a 32,000 sqm logistics centre for DHL Parcel in Robakowo near Poznań is now close to completion. It is set to be the developer’s third industrial project in Poland to be awarded BREEAM ‘Outstanding’ certification.
Eurobuild FM
Welcome to Eurobuild FM! Anna Watkowska, a member of Okam City's management board and the project leader of the FSO Park development in Warsaw, talks exclusively for our podcast about the largest planned residential investment in the city. Check out at what stage this spectacular project has now reached.
Warehouse & industrial
Topband Smart Europe, a Chinese company that manufactures controllers for power tools, white goods and BMS systems, has started operations at CTPark Timişoara. The tenant's production facility occupies app. 11,000 sqm.
Office & mixed-use development
Lux Med Group has extended its lease at EPP-managed O3 Business Campus in Kraków. The tenant occupies almost 2,200 sqm in the building.
Warehouse & industrial
Panattoni has started the construction of the first hall within Panattoni Park Łódź West II, which will occupy 70,630 sqm. Almost half of this space will be taken up by Rohlig Suus Logistics.
Investment & finance
S Immo successfully concluded the disposal of the Eurocenter office building in Zagreb, Croatia. In addition to offices, the Eurocenter also includes a bank branch and a café and has a gross lettable area of around 9,000 sqm.
Warehouse & industrial
CTP has announced plans to develop a 60,771 sqm logistics park through a partial refurbishment of an existing business park in Krefeld West, Germany.
Residential
In two years, Finnish developer YIT has built and handed over more than 500 rental units in Warsaw to the Nrep fund. The flats were built in three Warsaw districts - Ursynów, Bemowo and Mokotów.
ESG
The CMS law firm's headquarters, located in Varso Tower, has become the first office arrangement in Poland to be awarded WELL Platinum certification. Thus, CMS joins the ranks of four law firms worldwide that have an office that complies with the highest standards of occupant wellbeing.
Office & mixed-use development
Customer engagement specialist Concentrix has leased almost 5,200 sqm in Global Office Park in Katowice, which is owned by Cavatina. The deal is the largest office lease in the city in 2023.
Investment & finance
7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of EUR 15.5 mln was provided by mBank.
Warehouse & industrial
Universal Express has extended its lease of the MLP Pruszków II park for another period. The company has been a tenant of the MLP logistics centre for almost 10 years.
Hotels
A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor brand in the lifestyle segment. The hotel is scheduled to open in Q2 2025.
Investment & finance
A London-based European investment company has finalised the purchase of Galeria Tarnovia, which is one of the biggest transactions on the Polish retail property market this year. The Tarnów mall has about 17,000 sqm of leasable space (36,500 sqm of total space).
Infrastructure
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 more than 20 projects, with the construction of a passenger terminal, a cargo terminal, a technical hangar, as well as taking into account changes to the airport's transport system.
A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor brand in the lifestyle segment. The hotel is scheduled to open in Q2 2025.
Marriott Bonvoy's Autograph Collection Hotels brand is making its debut in Hungary with the opening of its first hotel in Budapest. The Dorothea Hotel is housed in three historic buildings and is named after Archduchess Dorothea, who contributed to the city's development in the 19th century.
One United Properties has signed a memorandum of understanding with Ennismore for opening Mondrian Bucharest, a highly exclusive lifestyle hotel in downtown Bucharest.
Canopy by Hilton Warsaw, the first lifestyle hotel of the Hilton chain in Poland, is to open in 2025 in the centre of the city.
Local developer Wing in cooperation with Budapest Ferenc Liszt Airport has begun the construction of the Tribe hotel at the airport.
Hampton by Hilton Budapest City Centre, the country's first hotel under the Hampton by Hilton brand, has opened in Budapest.
AC Hotels by Marriott, part of Marriott Bonvoy’s portfolio of 31 brands, has announced its brand debut in Croatia with the opening of AC Hotel by Marriott Split. The new hotel is housed on the high floors of the 135-metre-high Westgate Tower with spectacular views of the Adriatic Sea and Split’s unique cityscape.
In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest. Prague is a little step down with 4.2 points, and Warsaw, Kraków and Bucharest complete the top 5 markets targeted by hotel operators.
The opening has taken place of the Ibis Styles Warsaw Airport hotel, which is situated about 3.5 km from Fryderyk Chopin Airport in Warsaw.
Marriott International has signed an agreement with Valdarke to open an Autograph Collection resort on the isle of Cres in Croatia. The hotel will be the international brand's first on the island.
Aro Palace, whose majority shareholder is investment fund Transilvania Investments, has sold the Coroana-Postăvaru Hotel in Braşov in central Romania to Elevate Properties for EUR 9.367 mln.
Moxy Belgrade has arrived in Serbia’s capital city. The 131 guestroom hotel features all-day dining venue Gastro Bar Park and Moxy’s signature 24/7 bar.
Marriott International announced that it has signed an agreement with Balaport Investment to bring the Le Méridien brand to Hungary, which will also be the first Marriott International resort in the country.
Marriott International has signed an agreement with Forestay Group to debut the Moxy Hotels brand in Budapest, Hungary. Construction of Moxy Budapest Downtown is scheduled to begin this autumn, with the opening expected in 2025.
Radisson Hotel Group has announced the debut of its Radisson RED brand in Serbia with the signing of Radisson RED Belgrade, set to open later this year. Located just minutes from the capital’s historic centre, the hotel is the first Radisson RED branded facility to be operated by PPHE Hotel Group’s Croatian subsidiary Arena Hospitality Group.
The five-star 12-14 Stradom House hotel in Kraków is already welcoming its first guests. The property operates under the Autograph Collection brand, which is part of the Marriott International chain. Angel Poland Group is responsible for the development of the hotel.
JW Marriott is opening the JW Marriott Jeju Resort & Spa in Seogwipo, South Korea. The chain's new luxury hotel stands atop a cliff and offers views of the coastline of the volcanic island of Jeju, dubbed Korea's Hawaii.
Marriott International, announced it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of Madinah in Saudi Arabia.
Shed Living Kraków, a private student residence, is set to open in October this year in Kraków. The chain's first project in Poland has yet to be officially announced, but, as Eurobuild has learned, the dormitory will offer 566 fully equipped rooms for 722 students, as well as a range of amenities and services. The chain is planning further openings.
A Radisson Blu Resort hotel has opened in Ostróda, in Poland’s Masurian lake district.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement pr ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni has extended its sponsorship agreement with Poland’s premier golfer, Adrian Meronk. In the first year of Panattoni’s sponsorship, Meronk ach ...
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 ...
The CMS law firm's headquarters, located in Varso Tower, has become the first office arrangement in Poland to be awarded WELL Platinum certification. ...
The Eurobuild Award 2023 for Outstanding Contribution to Real Estate went to… Tomasz Lubowiecki, a founder and the chairman of the board at 7R
The grand finale of the 13th Eurobuild Awards is to take place tonight! Join us at the Gala at the DoubleTree by Hilton hotel or follow the announceme ...
Welcome to a special episode of Eurobuild FM! This short podcast featuring Andrzej Dużyński also includes the announcement of an extensive interview w ...
And now we now all the winners! The jurors, tenants and guests of the Gala have made some difficult but well-considered choices. So, let’s meet this y ...
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 ...
A new hotel is being built in Kraków. It will be the seventh facility of the AccorInvest/Orbis group in the capital of Malopolska under the Accor bran ...
Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing ...
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 ...
As previously announced, Cavatina has purchased a site located in the centre of Warsaw at ul. Chmielna 75. The transaction amounts to more than PLN 14 ...
Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 4 ...
Michał Ptaszyński, Country Manager Poland, Logicor, tells us optimistically about the future of the logistics industry in Poland, the company's upcomi ...
Energy sector services and supplies group Eximprod is relocating its Bucharest office to the Equilibrium 2 building in the same city.
Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.
Construction of a new campus for the Faculty of Medicine and Pharmaceutical Faculty of Charles University in Hradec Králové is now underway. The comp ...
In two years, Finnish developer YIT has built and handed over more than 500 rental units in Warsaw to the Nrep fund. The flats were built in three War ...
In this year's 33rd edition of the Cushman & Wakefield Main Streets Across the World ranking, the Czech Pařížská street has been ranked 11th in Europe ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Romanian online shipping company FAN Courier has leased 10,000 sqm – the last available space – in VGP Park Arad in western Romania.
Investing in ‘safe havens’
Investing in ‘safe havens’
Avison Young
One of the basic rules of investing says: ‘don’t put all your eggs in one basket.’ We can secure capital through broadly understood diversification, i.e. dividing ...
A new model is necessary
A new model is necessary
WeWork
Coworking remains a great product, attractive, and popular among its users. However, the existing business model has exposed its investors to long-term vulnerability. In essence, ...
Dynamic growth of private dormitories
Dynamic growth of private dormitories
CRM Students
As students embark on their higher education journeys, choosing their accommodation becomes a crucial decision that significantly influences their comfort and overall quality of un ...