PL

Etalon growth in 2017

Residential
RUSSIA Etalon Group recorded RUB 50.2 bln (app. EUR 725 mln) and 512,161 sqm of new contract sales in 2017, up 6 pct and 3 pct respectively on the 2016 figures.

The company handed over 454,000 sqm in 2017, an increase of 37 pct y-o-y, and completed 423,000 of net sellable area.

“Looking ahead, we anticipate a further growth in operational indicators in 2018. We expect deliveries to reach 480,000 sqm and new sales of around RUB 57 bln, both up 13 pct on 2017,” said Etalon Group president Viacheslav Zarenkov.

Latest news

Green projects

3D-printed house “built” in 22 hours

schedule 03 July 2020
Nathan North
deputy editor

Prvok od Buřinky the first Czech 3D-printed floating house made from concrete has now been “built” in České Budějovice.

Warehouse & industrial

POLAND Prologis leasing and re-leasing in Wrocław

schedule 03 July 2020
Opr./edited by NN

A number of new leases and renewals have recently been signed for space in Prologis parks in Wrocław.

Hotels

ROMANIA Ibis to open at Bucharest airport

schedule 03 July 2020
Nathan North
deputy editor

Accor has signed a management agreement with Alexandra Residence Design to open 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Henri Coandă Airport by the end of 2022.

Office & mixed-use development

POLAND ABB moves to Monopolis

schedule 02 July 2020
Opr./edited by NN

Swiss automation tech company ABB is to relocate to newly-completed offices in the M1 building of the Monopolis complex in Łódź, where it has leased 1,400 sqm.

Office & mixed-use development

Warsaw in top ten fintech cities - Savills

schedule 02 July 2020
Opr./edited by NN

Warsaw is the tenth most attractive city in Europe for the fintech sector, according to a survey by Savills.

Office & mixed-use development

The future’s flex

schedule 02 July 2020
Nathan North
deputy editor

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

Investment & finance

POLAND Arrow takes aim at Poland

schedule 01 July 2020
Opr./edited by NN

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

Warehouse & industrial

POLAND Panattoni to begin latest Silesian park

schedule 01 July 2020
Opr./edited by NN

Panattoni is to develop its latest warehouse and manufacturing park in Silesia – Panattoni Park Zabrze II.

Investment & finance

POLAND Strong H1 volumes despite the virus

schedule 01 July 2020
Opr./edited by NN

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

Investment & finance

POLAND Investor confidence set to recover – Cresa

schedule 30 June 2020
Opr./edited by RO

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

Office & mixed-use development

POLAND GFT moves HQ to Brama Miasta

schedule 30 June 2020
Nathan North
deputy editor

German software provider GFT is moving its Polish headquarters in Łódź to the first building of the Brama Miasta complex in the city centre, where it will occupy three floors and 4,700 sqm.

Office & mixed-use development

POLAND Skanska seals largest ever lease

schedule 30 June 2020
Nathan North
deputy editor

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

Warehouse & industrial

POLAND Accolade to invest EUR 47 mln in Gorzów

schedule 30 June 2020
Opr./edited by RO

Accolade has been revealed to be the investor behind the Panattoni Park Gorzów Wielkopolski, which is currently being developed by Panattoni in western Poland.

Property and Facility Management

POLAND MVGM chosen for City One

schedule 29 June 2020
Nathan North
deputy editor

MVGM has taken over the management of City One, the first stage of the City Forum office complex in Wrocław.

Office & mixed-use development

Romania Hagag takes on Știrbey Palace

schedule 29 June 2020
Opr./edited by AH

Real estate developer Hagag Development Europe has received the urban planning certificate for its restoration and conversion into offices of Știrbey Palace in Bucharest.

Investment & finance

CZECH REPUBLIC City West C1 and C2 sold for CZK 2 bln

schedule 29 June 2020
Nathan North
deputy editor

Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.

Technology

WORLD Investment set to rise in home office tech

schedule 29 June 2020
Opr./edited by RO

As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occupier Flash Survey.

Office & mixed-use development

POLAND Wrocław office market on the road to recovery

schedule 29 June 2020
Opr./edited by RO

The Wrocław office market is now on the recovery path after the Covid-19 pandemic, according to Polish consultancy Walter Herz.

Warehouse & industrial

POLAND Poland set for a nearshoring boom?

schedule 29 June 2020
Opr./edited by RO

Poland may become a nearshoring hotspot, especially after the Covid-19 pandemic, claims consultancy Savills.

Warehouse & industrial

POLAND Elastron comes to North Gate

schedule 29 June 2020
Opr./edited by RO

Leather and fabrics distributor Elastron has leased almost 3,000 sqm in the S5 Wrocław North Gate industrial park in Psary north of Wrocław.

Latest in Residential

schedule 17 June 2020

FRI-EL Building builds Ateneo Timișoara

ROMANIA Italian investor FRI-EL Building is to invest EUR 80 mln in developing Ateneo Timișoara, which with 1,300 apartments is currently the biggest residential project under development in the western part of Romania.

schedule 15 June 2020

Aurec to build 800 apartments in Ursus

POLAND Aurec Home has completed the purchase of a 2.5 ha site on ul. Dyrekcyjna in Warsaw’s Ursus district, where the company is planning to build an estate with around 800 apartments, as well as commercial, food and service space.

schedule 08 June 2020

Foksal townhouses finally restored to former glory

Ghelamco has brought back into use two historic townhouses at ul. Foksal 13/15 in central Warsaw after extensive renovation and restoration work.

schedule 08 June 2020

Many more PRS apartments in the pipeline

POLAND Two companies have recently announced their plans for investing on the PRS market.

schedule 05 June 2020

Vantage comes to Łódź

Vantage Development has announced that it has bought land at auction on ul. Tuwima in Łódź, where it intends to develop around 240 rental apartments.

schedule 03 June 2020

Building permit for Up Site

ROMANIA Atenor has announced that it has been granted a building permit for its Up-Site residential project in Bucharest.

schedule 02 June 2020

Savills seeks PRS partner for Eiffage

POLAND Eiffage Immobilier Polska has appointed Savills to acquire an investment partner for the development of a 453-apartment build-to-rent project in Warsaw, which forms part of a secured development pipeline of over 2,300 such units in Poland’s five largest cities.

schedule 16 May 2020

Record Q1 for Ronson

POLAND Polish residential developer Ronson Development generated a net profit of PLN 29.4 mln in Q1 2020 – eight times higher than in the same period last year.

schedule 01 May 2020

Skanska stays on schedule

POLAND Construction work on Skanska’s Polish residential developments are still on schedule, despite the pandemic.

schedule 22 April 2020

6B47 to begin first dorm project in Warsaw

POLAND 6B47 Poland has acquired a 0.22 ha site on ul. Grochowska in Warsaw’s Praga Południe district from petrol station operator Circle K for the development of a 12,000 sqm comprising a student hall of residence, a commercial section an underground car park.

schedule 20 April 2020

Trei confidently pushes on with Bacciarellego 54

POLAND Trei Real Estate has completed the first, 62-apartment stage of its Bacciarellego 54 residential development in Wrocław’s Biskupin-Bartoszowice district.

schedule 03 April 2020

Four seasons – the prelude

BELARUS Tenkinvest has started construction of the 4 Sezona [Four Seasons] residential estate in Minsk. As the Belarusian currency is vulnerable to rapid devaluation, the developer has frozen the apartment prices in rubles.

schedule 03 April 2020

Echo makes its digital mark

POLAND Echo Investment has launched its new online viewing and booking system for residential sales.

schedule 02 April 2020

Marvipol introduces online contracts

POLAND Marvipol Development generated consolidated net sales revenues of almost PLN 291 mln in 2019, up from PLN 266 mln the previous year. The residential developer has also announced that it has enabled clients to sign reservation contracts for home purchases.

schedule 01 April 2020

Develia moves home buyers online

POLAND Wrocław-based Develia of is that the latest developer to introduced the option of online meetings with advisors for home-purchase enquiries as well as the remote signing of reservation contracts.

schedule 31 March 2020

Bouygues takes on some perspective

POLAND Bouygues Immobilier has started sales for its Perspective estate in Wrocław's Kowale district.

schedule 31 March 2020

Robyg goes virtual

POLAND Robyg salesmen now use video chat to talk to potential customers.

schedule 30 March 2020

Cordia issues shares for German PRS entry

EUROPE Cordia is to issue new shares worth over HUF12 bln (app. EUR 33 mln) to its existing shareholders and as a result the company is to raise its share capital to HUF 18 bln.

schedule 30 March 2020

Trei starts apartment sales in Łódź

POLAND Trei has launched the sale of 104 apartments in a residential project onul. Traktorowa in Łódź.

schedule 27 March 2020

Zielone Zamienie grows

POLAND White Stone has obtained an occupancy permit for five buildings built in the village of Zamienie just outside Warsaw.

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