Retail & leisure
Over the past twelve months, three lockdowns have changed Polish shopping habits and resulted in smaller retail outlets growing in popularity, claims JLL in its latest research.
Events
April 22nd is when Eurobuild’s 7th Invested Interest Investment Market Conference will take place. The event will be distinctive in two ways: firstly, because we will meet again in a more intimate manner than usual (a TV studio as well as in your apartments or offices); and secondly, this year’s discussions will be guided by the spirit of a well-known rock group that sold millions of records.
Office & mixed-use development
At the end of Q4 2020, the total modern office stock in Warsaw came to 5.9 mln sqm according to figures compiled by the Polish Commercial Real Estate Chamber (PINK).
Office & mixed-use development
The 195m-high Skyliner office tower in Warsaw has been issued with an occupancy permit.
Warehouse & industrial
Panattoni is close to completing the first construction stage of a distribution warehouse for sports clothing and accessories manufacturer OTCF in Czeladź in Silesia.
Warehouse & industrial
Grocery operator Mega Image has moved into the Chitila Logistics Hub in Bucharest owned by Globalworth and Global Vision.
Warehouse & industrial
Uniq Logistic is to take up a total of over 17,000 sqm in two locations: Pruszków and Łódź.
Property and Facility Management
Skanska has obtained Well Health-Safety Ratings for eight office properties in Poland, Romania and the Czech Republic.
Warehouse & industrial
French supermarket chain Carrefour has renewed its 85,000 sqm lease in the P3 Bucharest A1 warehousing park – one of the largest ever deals of its kind on the Romanian market.
Investment & finance
London-based investor and asset manager M7 Real Estate has acquired the Laki Commerical Center (Laki Kereskedelmi Központ) office building in Budapest for its M7 CEREF II fund for EUR 12.35 mln.
Warehouse & industrial
Panattoni has bought an 8.2 ha site in Warsaw’s Annopol district for the development of City Logistics Warsaw IV, which will offer around 40,000 sqm.
Green projects
Warsaw Trade Tower has been awarded a new BREEAM In-Use certificate with a rating of ‘Excellent’.
Public buildings
Erbud has been awarded a PLN 22.5 mln net contract for the construction of the Mińsk Mazowiecki county police headquarters.
Investment & finance
InPost has hired M4 Real Estate as consultants to advise on logistics property investments.
Interior design
Cushman & Wakefield, as the project manager, has completed the fit-out of a 3,500 sqm office for multinational IT company Oracle in the Warsaw Hub complex.
Property and Facility Management
Cushman & Wakefield Echinox has been appointed to manage the Floreasca Park office in the Floreasca – Barbu Văcărescu district in Bucharest.
Warehouse & industrial
Czech logistics company Hopi has leased 33,910 sqm of warehouse and office space in the P3 Mszczonów warehousing park. The new building will serve as the company’s central warehouse and HQ in Poland.
Office & mixed-use development
Skanska has signed a lease agreement with online shopping company Allegro for app. 26,000 sqm of office space and 177 parking spaces in the third office building of its Nowy Rynek mixed-use development in Poznań.
Property and Facility Management
CPI Property Group has sold a majority stake in its facility management division to another Czech company M2C.
Warehouse & industrial
Czech industrial developer CTP is to expand CTPark Belgrade North after the acquisition of a 28,500 sqm warehouse and adjacent land from Austrian-based real estate developer Eyemaxx.
London-based investor and asset manager M7 Real Estate has acquired the Laki Commerical Center (Laki Kereskedelmi Központ) office building in Budapest for its M7 CEREF II fund for EUR 12.35 mln.
InPost has hired M4 Real Estate as consultants to advise on logistics property investments.
Partners Group has finalised its acquisition of eleven class A office properties from Buma, including two sites under development.
Deka Immobilien has bought the Parkview office building in Prague 4 from its developer Skanska for around EUR 77 mln.
Icelandic asset manager Kaupthing has sold 137.1 ha of land along the D5 motorway near Plzeň to an undisclosed buyer.
Cavatina has announced EUR 206.5 mln in completed transactions over 2020.
Frito Lay Poland, a subsidiary of PepsiCo is selling 5,388 sqm of land and buildings held in perpetual usufruct at ul. Zamojskiego 24/26 in Warsaw.
Albatros Media, the biggest publishing house in the Czech Republic, is moving its headquarters to the Mayhouse office building in Prague 4.
Real estate developer One United Properties has taken a stake of over 20 pct in Glass Rom Impex, having purchased the shares from the owner of the company, Adrian Zamfir.
US financial investor Starwood intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds not yet held by the company.
Ronson Development signed has acquired 2,715 sqm on ul. Studzienna in Warsaw for PLN 13.5 mln net.
Avison Young has announced a strategic affiliation with real estate advisory and asset management group Limehouse, which will now run its advisory services in Hungary under the Avison Young brand.
Yareal has finalised the sale of the first phase the Lixa office complex in central Warsaw for EUR 82.2 mln to Hana Investment, a South Korean consortium represented by Commerz Real.
The value of Globe Trade Centre’s real estate portfolio is expected by the group to have decreased by app. EUR 74 mln in the three-month period ending December 31st, 2020 – a decline of 3.4 pct on the appraised value of EUR 2.161 bln at the end of September.
The real estate investment volume for 2020 in the main CEE countries is expected to reach EUR 9.4 bln, a third down on last year’s figure, according to Cushman & Wakefield.
Viennese real estate investor Galleon Capital Management (GalCap) has acquired the Koszykowa 54 office building in central Warsaw from the UBS Real Estate Kapitalanlagegesellschaft fund for an undisclosed sum.
Penta Real Estate has sold the Churchill Square office complex in Prague to a joint venture between Českomoravská Nemovitostní (ČMN) and Middle Eastern investor Corporate Finance House Group (CFH) for more than CZK 4 bln (app. EUR 152 mln).
MIRA Real Estate, which includes the former GLL Real Estate Partners, has continued to expand its presence in logistics real estate with more than EUR 300 mln in European transactions agreed over 2020.
Aareal Bank has arranged and underwritten the EUR 403.5 mln refinancing of two logistics and industrial parks in the Czech Republic on behalf of CTP.
Closed-ended real estate investment fund Lords LB Special Fund II has sold SEB Bank’s headquarter building in Vilnius to DEREIF SICAV FIS, which is managed by Luxembourgish asset and investment specialist REInvest Asset Management.
This December issue of Eurobuild might seem stranger than usual... Normally it’s full of photos from last year of happy people proudly holding aloft statuettes and of others excite ...
Small talkKrzysztof Witkowski, the CEO of Virako on winning at MIPIM and taking part in major yachting races.
Small talkJerzy Ryłko, Robert Orlewski and Maciej Putniorz of S-Labs, on what makes their home management platform, Appartme, stand out from the crowd.
A new street has been created in Warsaw within Echo Investment's Browary Warszawskie project in Warsaw.
A tender has been announced to choose the general contractor for the new Warsaw headquarter building of Frontex, the European Border and Coast Guard A ...
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its ...
Panattoni’s employees across Europe have raised EUR 64,600 for UNICEF by doing home and outdoor exercise.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
Today, on December 8th, the 11th Eurobuild Awards ceremony was originally scheduled to take place in its intended form.
The team at Eurobuild (and our friends!) would like to give our most heartfelt Christmas wishes to all our other friends in the real estate market!
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
April 22nd is when Eurobuild’s 7th Invested Interest Investment Market Conference will take place. The event will be distinctive in two ways: firstly, ...
Warsaw Trade Tower has been awarded a new BREEAM In-Use certificate with a rating of ‘Excellent’.
Arena Hospitality Group has been loaned HRK 32 mln (EUR 4.2m) by Serbian bank AIK Banka for the Croatian hotel group to acquire the 88 Rooms hotel in ...
A mix of in-office and remote working is likely to be the main style of office working to maximise employee and organisational performance once the pa ...
A consortium led by the Hungarian subsidiary of Strabag has been awarded a HUF 90.45 bln (EUR 245.58 mln) contract to complete the M6 motorway to the ...
Cushman & Wakefield, as the project manager, has completed the fit-out of a 3,500 sqm office for multinational IT company Oracle in the Warsaw Hub com ...
London-based investor and asset manager M7 Real Estate has acquired the Laki Commerical Center (Laki Kereskedelmi Központ) office building in Budapest ...
At the end of Q4 2020, the total modern office stock in Warsaw came to 5.9 mln sqm according to figures compiled by the Polish Commercial Real Estate ...
Skanska has obtained Well Health-Safety Ratings for eight office properties in Poland, Romania and the Czech Republic.
Erbud has been awarded a PLN 22.5 mln net contract for the construction of the Mińsk Mazowiecki county police headquarters.
Echo Investment has announced that over 2020, it signed 1,570 apartment sales contracts, representing a rise of 16 pct on the 1,357 apartments sold in ...
Over the past twelve months, three lockdowns have changed Polish shopping habits and resulted in smaller retail outlets growing in popularity, claims ...
AI Clearing, Inc. has raised USD 2 mln in seed funding to accelerate the development – at its R&D centre in Warsaw – of its artificial intelligence sy ...
Panattoni is close to completing the first construction stage of a distribution warehouse for sports clothing and accessories manufacturer OTCF in Cze ...
