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New year top 5

Eurobuild CEE
With the first week couple of weeks of the new year behind us it is once again time to see which stories caught the attention of our readers.

1.The new year top five this week is headed by Reino’s purchase of Malta House in Poznań.




2.The second story is Vastint’s K2 office project in Gdynia for which it has appointed KFE as general contractor.




3.First property Group has announced it is selling Intraco II but will not say to whom.



4.Neonica has also sold a 1.65 ha plot in Łódź.



5.And finally AEW has announced its preliminary results for the year.

Latest news

Office & mixed-use development

POLAND Wave approval waved through

schedule 09 July 2020
Opr./edited by NN

The Wave office building, which has just been completed by Skanska in Gdańsk’s Oliwa district, has been approved for use.

Warehouse & industrial

CEE REGION CEE-6 manufacturing powers into contention

schedule 09 July 2020
Opr./edited by NN

The CEE-6’s share of EU manufacturing output has more than doubled since 2004, when the first group of these countries joined the European Union, according to research by Colliers International.

Office & mixed-use development

POLAND Warsaw office pipeline half pre-leased

schedule 09 July 2020
Opr./edited by NN

Around 50 pct of the 704,000 sqm of office space currently under construction in Warsaw has been pre-leased, according to real estate advisory Cresa.

Office & mixed-use development

CEE REGION Office occupiers set to embrace hybrid models

schedule 09 July 2020
Opr./edited by NN

The total modern office stock in the 14 CEE capital cities at the end of Q1 2020 amounted to almost 26.4 mln sqm, according to Colliers International’s ExCEEding Borders Office Snapshot survey of the region’s main office markets.

Office & mixed-use development

ROMANIA Lockdown leases of 25,000 sqm for Globalworth

schedule 09 July 2020
Opr./edited by NN

Globalworth has signed contracts for more than 25,000 sqm of office space in Bucharest in the last three months, despite the pandemic and social distancing measures.

Retail & leisure

POLAND Mall footfall bounces back

schedule 09 July 2020
Nathan North
deputy editor

The Polish Council of Shopping Centres (PRCH) has published its latest average weekly footfall figures for centres across Poland.

Retail & leisure

SERBIA Pepco launches into Serbia

schedule 08 July 2020
Nathan North
deputy editor

Polish discount store chain Pepco is entering the Serbian market, where it plans to open in 30 locations in its first year of operations.

Construction

EUROPE Construction mood starts to recover – GlobalData

schedule 08 July 2020
Opr./edited by NN

The European construction industry expected to recover in second half of 2020, according to data and analytics specialists GlobalData.

Property and Facility Management

POLAND Globalworth adds Rondo Business Park to PM list

schedule 08 July 2020
Nathan North
deputy editor

Rondo Business Park in Kraków is to be managed by Globalworth’s in-house team from July.

Events

Poland Changing with the times

schedule 08 July 2020
Eurobuild CEE

Summer at Eurobuild has never been so hot! We have a new editor, a new website, and soon we’ll be moving to our new headquarters. And, with the announcement of their rescheduled dates, a lot of heat and excitement are being generated for our sports tournaments!

Investment & finance

EUROPE Industrial yields fall below retail for first time

schedule 08 July 2020
Opr./edited by NN

Average prime industrial and prime shopping centre yields across mainland Europe have converged for the first time in recorded history, as demand for logistics soars due to the e-commerce boom, according to research by Savills.

Events

POLAND Blue skies return for golf

schedule 08 July 2020

Great news for those who were disappointed by the cancellation of Eurobuild’s annual golf tournament – it’s now back on! And it will be taking place very soon, on September 11th in Rajszew just outside Warsaw.

Warehouse & industrial

Czech Republic Czech most attractive European manufacturing hub – C&W

schedule 08 July 2020
Opr./edited by NN

The Czech Republic is the most attractive European manufacturing hub and the fourth most attractive globally, according to Cushman & Wakefield’s annual Global Manufacturing Risk Index.

Office & mixed-use development

CZECH REPUBLIC Building B more beautiful for BB Centrum

schedule 08 July 2020
Opr./edited by NN

The recently renovated building B of BB Centrum in Prague 4 has been approved for use.

Events

POLAND Tennis is back in the game!

schedule 08 July 2020

Great news for tennis fans. Eurobuild’s 15th Annual Tennis Tournament, which unfortunately had to be postponed because of the pandemic, will now take place on September 11th at the Warszawianka Tennis Club.

Investment & finance

ROMANIA NEPI Rockcastle portfolio sale hits the rocks

schedule 07 July 2020
Nathan North
deputy editor

AFI Europe’s EUR 300 mln deal to buy NEPI Rockcastle’s Romanian office portfolio has fallen through with the seller insisting that Covid-19 restrictions have prevented the purchase – a claim denied by NEPI Rockcastle, which is now demanding EUR 15 mln compensation from the Israeli-owned company.

Warehouse & industrial

POLAND Dot2Dot packed into 7R Park Gdańsk II

schedule 07 July 2020
Opr./edited by NN

Cardboard packaging company Dot2Dot is to move into the 7R Park Gdańsk II complex, where it will have a production line, warehousing and its head office.

Green projects

LATVIA EIB agrees eco-funds for Verde

schedule 06 July 2020
Nathan North
deputy editor

The European Investment Bank (EIB) has approved a grant for the Verde business centre complex in Riga, developed by SBA Group company Capitalica Asset Management.

Investment & finance

ESTONIA East Capital fund buys SEB HQ for EUR 45.75 mln

schedule 06 July 2020
Nathan North
deputy editor

East Capital Real Estate IV has acquired SEB's head office in central Tallinn from Partners Group and Northern Horizon for EUR 45.75 mln.

Residential

POLAND/HUNGARY Cordia cashes in EUR 38 mln from Polnord takeover

schedule 03 July 2020
Opr./edited by NN

Cordia is set to make a profit of EUR 38.2 mln (app. PLN 170.4 mln or HUF 13.6 bln) from its acquisition this year of a 93 pct stake in Polish residential developer Polnord.

Latest in Eurobuild CEE

schedule 15 June 2020

A site to behold!

It is our immense pleasure to present to you the new, improved Eurobuild website. And this won't be the last thing we have to say on this subject!

schedule 03 April 2020

PLN 750 mln for research, construction and real estate

POLAND Applications for innovation grants from this year’s [Badania na Rynek] ‘Market Research’ competition can now be submitted to the Polish Enterprise Development Agency [PARP].

schedule 23 March 2020

Last week’s top five: The best five in isolation

Not surprisingly almost everyone was talking about the coronavirus crisis last week.

schedule 13 March 2020

BNP breaks revenue record

EUROPE BNP Paribas Real Estate has recorded EUR 1.01 bln in revenue for 2019. “In 2019, BNP Paribas Real Estate broke through the symbolic threshold of EUR 1 bln in revenues for the first time and a year ahead of target.

schedule 13 March 2020

1,100 homes to be built in Poznań

POLAND Poznań’s largest ever city housing project is being launched – the city’s housing authority has signed a contract for Agrobex to build the first two stages of what will eventually be a 1,100 apartment estate on ul. Opolska in the city’s Dębiec district.

schedule 13 March 2020

The week’ top five: The news in the time of coronavirus

EUROBUILD CEE This time around the stories were topped by Ghelamco and its plans, but the news was dominated more by repositionings and investment deals.

schedule 12 March 2020

The sound of silence

POLAND Investors don’t pay much attention to low tax rates today; what is important to them is predictability and access to financial instruments that might mitigate financial risk. This was the conclusion of the ‘Tax barometer’ discussion panel at the Investment Market Conference held by Eurobuild in the Intercontinental Hotel in Warsaw on February 27th.

schedule 11 March 2020

Demand remains unsated

POLAND The office market is preparing itself for a shortfall in new supply and tenants are gearing themselves increased rents. They are also beginning to plan their relocations several years in advance.

schedule 09 March 2020

Last week’s top five: many changes afoot

EUROBUILD CEE The biggest stories of last week ranged from a new company entering onto the market to a financing deal, but what most caused those mice buttons to go click was

schedule 05 March 2020

Infectious investment talk

POLAND The supply gap on the Polish office market means that office buildings across the country will continue to enjoy great interest from both tenants and investors, agreed the panellists of Eurobuild CEE’s 6th Invested Interest – Investment Market Conference at the Intercontinental Warsaw hotel on February 27th.

schedule 02 March 2020

Last week’s top five: Ghelamco and Skanska at the top

EUROBUILD CEE This week the big investment deals were pushed down by the activities of the larger office space developers with Ghelamco and Skanska sharing the two top spots.

schedule 24 February 2020

Last week's top five: Takeover week!

It was a week for companies to start buying each other out. The two top deals to get those mice a-clicking were both takeovers.

schedule 18 February 2020

Last week’s top five: leases on top

Strangely last week it wasn’t the mega investment transactions that dominated the hunt for eyeballs, but two leasing stories topped our list of the most read.

schedule 03 February 2020

This month’s top five: Two warehouse deals and three office transactions

Warehouse deals dominated the top spots when looking back at last month’s stories, but three office deals also turned out to pique our readers’ interest.

schedule 31 January 2020

This week’s top 5: A ragtag bag of stories

The top five this week were a fairly eclectic set of articles ranging from a share purchase deal to an analysis of the market

schedule 24 January 2020

This week’s top 5: Four purchases and one appointment

Unsurprisingly two major deals topped our rankings this week.

schedule 20 January 2020

Erste buys all of Advance Tower

HUNGARY Erste Real Estate has acquired the second phase of the Advance Tower office complex on Váci út in Budapest from Futureal Group.

schedule 17 January 2020

This week’s top 5

EUROBUILD Despite the wariness many feel about the coming year, this week’s top 5 shows that investors are preparing their ammunition to snap up high quality assets

schedule 13 January 2020

New year top 5

With the first week couple of weeks of the new year behind us it is once again time to see which stories caught the attention of our readers.

schedule 02 January 2020

The 2019 top ten

EUROBUILD A year may be a long time in politics, but it seems an eternity in real estate. So with the new year cheer it is time to look back at our top stories of 2019.

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