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Build Europe pushes post-coronavirus action plan

Coronavirus
EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

As the organisation points out: “The demand for new housing stock remains at historic highs. But right across Europe, construction has slowed, or stalled, and the delivery of new housing stock has been hampered. Furthermore, the pressure which national and regional administrations are experiencing is threatening to create serious delays in the granting of building permits and exacerbates the problems faced by prospective home buyers. Construction companies and developers will see their pipeline of work reducing, which will impact negatively on medium-term real estate supply and threaten employment levels in the construction sector.”

Its proposals include both temporary solutions to address the short-term issues related to the EU-wide lockdown, as well as longer-term solutions to restore equilibrium to the market and provide foundations for strong and sustainable growth. These involve: re-establishing the freedom of movement for workers and cross-border commuters, introducing a moratorium on new regulations, and speeding up the digitalisation process at all stages – from the acquisition of development rights to the commercialisation.

The president of Build Europe has commented: “Build Europe is pleased that the European institutions have taken initial steps to deal with the current crisis. However, we believe that the worst is yet to come. In order to avert the risk of a prolonged and deeply damaging economic recession and a threat to EU social cohesion, national governments and the EU institutions need to work together with enhanced vigour and commitment to support the construction of new housing stock at affordable prices, through a policy of developing supply and, for a limited period, actively supporting demand.”

Build Europe is made up of national federations in the EU representing more than 30,000 developers and residential builders.

Latest news

Residential

POLAND Echo Investment plans urban redesign for Służewiec

schedule 24 November 2020
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deputy editor

Echo Investment, in cooperation with BBGK Architekci, has unveiled its concept for a new residential quarter in Warsaw’s Służewiec district.

Warehouse & industrial

POLAND Pure Ice from MLP Pruszków II

schedule 24 November 2020
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deputy editor

Pure Ice, Poland’s largest ice cube manufacturer, has leased 3,500 sqm of warehouse and office space in MLP Pruszków II.

Retail & leisure

POLAND HopStop sold to LCP Properties

schedule 24 November 2020
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deputy editor

The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to UK investor LCP Properties for an undisclosed sum.

Warehouse & industrial

EUROPE Palmira launches third pan-European logistics fund

schedule 24 November 2020
Opr./edited by NN

Frankfurt-based Palmira Capital Partners has launched its third European core logistics property fund – the Palmira European Core Logistics Fund.

Hotels

HUNGARY Crowne Plaza comes to Budapest

schedule 23 November 2020
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InterContinental Hotels Group has signed a management agreement with Gránit Pólus Group for the Hilton Budapest City hotel in the city centre to be re-branded as the Crowne Plaza Budapest in 2021.

Investment & finance

HUNGARY Resolution debuts on the Danube

schedule 23 November 2020
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London-based Resolution Property has bought two office buildings in Budapest from Hungarian fund manager Adventum: Margit Palace and Buda Square. for an undisclosed sum.

Eurobuild Awards

POLAND Maciej Dyjas – nominee for the Real Estate Personality of the Year

schedule 14 November 2020
Eurobuild Conferences

Each year Eurobuild has the privilege to pick out a select few who have stood out from other players on the real estate market and nominate them for the Personality of the Year in Commercial Real Estate Award. So who are this year’s candidates, what’s their recipe for success and what has paved their way on the road to the summit?

Residential

POLAND Capital Park buys Polish Hook sites

schedule 23 November 2020
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Capital Park has concluded a preliminary agreement for the purchase of two plots in Gdańsk with a total area of 1.3 ha on the Polski Hak [Polish Hook] headland in Gdańsk’s port area.

Investment & finance

Poland Fuzja gains financing

schedule 20 November 2020
Opr./edited by AH

Echo Investment has been granted a loan by Bank Pekao to construct three office buildings in the mixed-use Fuzja project on ul. Tymienickiego in Łódź.

Warehouse & industrial

Romania VGP builds big in Brașov

schedule 20 November 2020
Opr./edited by AH

VGP has started construction work on a business park in Brașov. The first industrial building will have an area of 9,400 sqm and is to be delivered around the middle of next year.

Office & mixed-use development

Croatia Generali enters the Matrix

schedule 20 November 2020

GTC Group has signed a lease agreement with insurer Generali for over 2,500 sqm of modern office space in the Matrix B building in Zagreb.

Office & mixed-use development

Poland Ghelamco starts Craft work

schedule 20 November 2020
Opr./edited by AH

Ghelamco has begun the construction of the Craft office building at the junction of ul. Chorzowska and ul. Ściegiennego in Katowice near the Silesia City Center shopping centre.

Investment & finance

ROMANIA Jupiter set for Supernova

schedule 20 November 2020
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Austrian retail real estate investor Supernova has bought the Jupiter City shopping centre in Pitești from local company Mall Retail Rom, which is owned by Israeli concern Jupiter Group.

Green projects

CZECH REPUBLIC Outstanding news for Flow Building

schedule 20 November 2020
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The Flow Building on Wenceslas Square in Prague has become the first building in the Czech Republic to be awarded a BREEAM ‘Outstanding’ certificate – the highest possible rating.

Warehouse & industrial

POLAND Green cross-dock for DB Schenker in Rzeszów

schedule 20 November 2020
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Panattoni is developing a 6,000 sqm cross-docking terminal for DB Schenker in Rzeszów.

Construction

Slovakia Strabag renovates more track

schedule 19 November 2020
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A consortium of Eurovia, Subterra, Strabag. and AŽD Praha has been awarded a EUR 323 mln contract to build the Žilina-Teplička railway station and to modernise one of the most important Slovak railway junctions.

Office & mixed-use development

Poland UL comes to Bolero Office Point

schedule 19 November 2020
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UL International Polska has opened a research and certification centre in Bolero Office Point 2.

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Czech Republic Arcadis gets Well

schedule 19 November 2020
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Arcadis Czech Republic has announced it has been awarded a WELL Health-Safety Rating for the Facility Operations and Management for its Czech Republic portfolio.

Residential

POLAND Riverview the first Polish estate with LEED

schedule 19 November 2020
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Riverview in Gdańsk has become the first residential estate in Poland to receive a LEED certificate.

Warehouse & industrial

CZECH REPUBLIC Hellmann bigs it up in Bor

schedule 18 November 2020
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Hellmann Worldwide Logistics has leased an additional 12,000 sqm in CTPark Bor in Western Bohemia.

Latest in Coronavirus

schedule 24 June 2020

Employers in no rush to return to workplaces

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schedule 14 May 2020

Catella sees hope and chances for real estate after Covid-19

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schedule 14 May 2020

Build Europe pushes post-coronavirus action plan

EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

schedule 14 May 2020

Polish RE lends an even greater hand to fight the pandemic

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schedule 07 May 2020

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schedule 14 April 2020

Landlords underwhelmed by emergency relief

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schedule 14 April 2020

Toyota prepares to reopen Polish plants

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schedule 08 April 2020

AFI Braşov now to open in the autumn

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schedule 08 April 2020

Aleja opening postponed

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schedule 07 April 2020

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schedule 07 April 2020

Rent suspension in Sukcesja

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schedule 03 April 2020

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schedule 02 April 2020

Carrefour donates PLN 2 mln to fight pandemic

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schedule 01 April 2020

Pay no rent in Sukcesja

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schedule 31 March 2020

Government takes on board PRCH recommendations

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schedule 31 March 2020

Rent holiday for CCC and Ultro tenants

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schedule 31 March 2020

Develia fears Covid-19 impact on business

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schedule 31 March 2020

Economies rebalance in wake of coronavirus

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schedule 30 March 2020

Movement and gatherings ban tightened further

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schedule 30 March 2020

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