Events
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Events
Despite the switch to remote working, office buildings have not become a thing of the past, although their function has been REdefined – offices are now places for meetings and creative teamwork. The REduction of occupied space and the REnegotiation of lease agreements have also become commonplace. In a week’s time, at Eurobuild’s 7th INVESTED INTEREST Investment Market Conference, we will discuss the new reality facing the office investment market.
Construction
General contractor Porr has completed the construction work on the tunnel connecting the Skysawa mixed-use complex in Warsaw and the Rondo ONZ metro station.
Warehouse & industrial
Panattoni has leased out 75,500 sqm to courier company InPost in eight locations.
Human resources
Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.
Office & mixed-use development
Immofinanz has secured new leases and extensions for almost 21,000 sqm of its Hungarian office portfolio so far this year. All the properties are situated in Budapest.
Residential
Swedish rental housing specialist Heimstaden has announced that it plans to invest CZK 1.5 bln (app. EUR 58 mln) in its Czech portfolio this year.
Investment & finance
Czech real estate investor CPI Property Group as formed a joint venture consortium with German counterpart and fellow Globalworth shareholder Aroundtown to buy the entire share capital of Globalworth.
Warehouse & industrial
Kingfisher, the owner of the Castorama DIY chain in Poland, has leased space in the 7R City Flex Warsaw Airport logistics centre in Warsaw.
Office & mixed-use development
The ground floor of Skanska’s Wave office building in Gdansk has been fully leased.
Office & mixed-use development
GTC's N3 building in the Green Heart complex has been awarded a LEED Gold certificate.
Office & mixed-use development
HB Reavis’ Varso Place in Warsaw has been awarded a WELL health-safety rating
Events
The first transactions of the year are now behind us. In the present circumstances, it seems from the scale and volume of these transactions in first quarter that perhaps we have little to worry about. But are all the signs really pointing to another successful year? The experts will discuss this and the future of the real estate investment sector at Eurobuild’s 7th Invested Interest Investment Market Conference on April 22nd.
Property and Facility Management
Hungarian company B+N Referencia has acquired Danish facility manager ISS Group’s operations in the CEE region for an undisclosed sum.
Investment & finance
Subsidiaries of Polish industrial developer MLP Group have secured EUR 73.4 mln of financing for its portfolio from a consortium of Bank BNP Paribas and PKO Bank Polski.
Warehouse & industrial
Cosmetics and pharmaceutical ingredients supplier Adara has leased 800 sqm of warehouse and office space in 7R City Flex Warsaw Airport I.
Warehouse & industrial
VGP has launched construction work on a new technological park near České Budějovice in South Bohemia.
Residential
Echo Investment has presented its concept for a primary school for 300 pupils in Warsaw’s Służewiec district.
Retail & leisure
Trei Real Estate Polska is currently constructing six Vendo Park retail parks with a combined area of 26,000 sqm.
Green projects
The NoVa Park centre in Gorzów Wielkopolski has been awarded BREEAM-In-Use for the eighth time.
Trei Real Estate Polska is currently constructing six Vendo Park retail parks with a combined area of 26,000 sqm.
Carrefour is to roll out its Outlet Zone concept to three hypermarkets located in Warsaw and Łódź.
German real estate investor Peakside Capital has completed the disposal of the last properties in its portfolio of 72 small retail assets in the Czech Republic.
Carrefour Polska opened ten new stores in the first two months of the year including eight under the Carrefour Express brand.
SES Spar European Shopping Centers has opened an S Park retail park Kaposvár in the Somogy region.
Czech retail chain Mountfield is to open a 1,500 sqm store in the Shopping Palace centre in Bratislava.
Kalvin Klein and Tommy Hilfiger have both opened stores in Fashion House Outlet Centre Militari in Bucharest.
Polish retail group Eurocash has concluded an agreement to acquire a 49 pct (and ultimately 50 pct) stake in Arhelan, which operates more than 100 stores in north-eastern Poland.
Chariot Top Group, a company managed by Griffin Real Estate, has sold four Polish retail Parks to EPP for EUR 106 mln.
The Polish anti-trust body, The Office of Competition and Consumer Protection (UOKiK), has granted its approval to the takeover of Tesco Polska by Salling Group, the Danish owner of discount supermarket chain Netto.
EPP, Poland’s biggest retail landlord, has partnered with Chainels to launch its EPP Connect mobile app – a tenant community management tool.
AFI has announced that it is to open a 4,500 sqm shopping centre for its AFI City project, with operations to start from the beginning of 2022.
German clothes store chain KiK is to open a 640 sqm store in Funshop Park in Focșani, about 190 km north-east of Bucharest.
An occupancy permit has been issued for the Etele Plaza shopping centre in Budapest’s XI district.
Echo Investment has leased 8,500 sqm of retail space to supermarket chain Kaufland in its shopping centre on ul. Opieńskiego in Poznań’s Piątkowo district.
A 1,500 sqm Sinsay store is to open in Funshop Park in Roșiorii de Vede in southern Romania.
The Żabka chain has opened its 7,000th grocery store.
Peek & Cloppenburg is to open a 4,000 sqm store in Etele Plaza in Budapest.
Swedish clothing producer KappAhl has leased 646 sqm for the opening of a new store in the northern Polish town of Elbląg. The store is to open in the Ogrody shopping centre, which is owned by CPI Property Group.
Gemini Park in Tarnów is fully leased. Over the last year, eight tenants have moved into the 43,000 sqm centre with 130 stores and service points.
Yesterday the sun was shining, so I took my bike out of the cellar, dusted it off and oiled the gears. I checked the lights and pumped up the wheels...
Small talkFresh from HB Reavis’ triumph in establishing Varso Tower as the tallest building in the EU, we spoke to Karol Wyka, a member of the company’s management board and keen rally drive ...
Small talkLast year might have been a bonanza for the warehouse market, but there are still challenges to face, as Paweł Sapek, the senior vice-president and CE regional head and country man ...
Twenty Polish projects have been nominated for the European Union Prize for Contemporary Architecture – Mies van der Rohe Award for 2022.
General contractor Porr has completed the construction work on the tunnel connecting the Skysawa mixed-use complex in Warsaw and the Rondo ONZ metro s ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Robyg Group has turned to JLL to advise it on drawing up a comprehensive environmental, social and corporate governance (ESG) strategy.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
Sadly, due to the continuing global situation, we will not be able to meet on March 25th to announce the results of the Eurobuild Awards and to presen ...
On behalf of everyone at Eurobuild, we would like to wish a very Happy Easter to all our friends, readers and colleagues on the Central and Eastern Eu ...
In our latest Eurobuild FM podcast, we find out from Efrat Fenigson of flexible space operator Mindspace how the flex office market has been coping du ...
Despite the switch to remote working, office buildings have not become a thing of the past, although their function has been REdefined – offices are n ...
The NoVa Park centre in Gorzów Wielkopolski has been awarded BREEAM-In-Use for the eighth time.
Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.
Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.
Construction work on Warsaw’s southern bypass is nearing completion.
The MádiLáncos Studio has been commissioned to design the interiors of Arena Corner.
Czech real estate investor CPI Property Group as formed a joint venture consortium with German counterpart and fellow Globalworth shareholder Aroundto ...
Immofinanz has secured new leases and extensions for almost 21,000 sqm of its Hungarian office portfolio so far this year. All the properties are situ ...
Hungarian company B+N Referencia has acquired Danish facility manager ISS Group’s operations in the CEE region for an undisclosed sum.
The Sinfonia Varsovia symphony orchestra has received the last of the design documentation for its new centre.
Swedish rental housing specialist Heimstaden has announced that it plans to invest CZK 1.5 bln (app. EUR 58 mln) in its Czech portfolio this year.
Trei Real Estate Polska is currently constructing six Vendo Park retail parks with a combined area of 26,000 sqm.
US company AI Clearing is to provide its fully automated construction progress tracking solution for Esoleo, which is building Poland’s largest solar ...
Panattoni has leased out 75,500 sqm to courier company InPost in eight locations.
