Eurobuild CEE
The day after tomorrow, the two largest sports events of "Eurobuild" for the real estate industry will take place - the 21st Annual Golf Tournament and the 17th Annual Tennis Tournament. The winners will be celebrated, as per tradition, during the evening party. We are closing the list of participants in a few hours!
Warehouse & industrial
Car interior parts and systems specialist Dr. Schneider Automotive Polska is to move into an 11,700 sqm BTS facility in Panattoni Park Jelenia Góra in southwestern Poland before the end of Q2 2022.
Office & mixed-use development
Three new tenants have leased a total of 1,700 sqm of office space in the Crown Square building in Warsaw, which is asset managed by M&A Capital SARL: Foodcom, Orifarm and Avenga.
Warehouse & industrial
Heating and ventilation systems specialist BIMs Plus Poznań has leases 4,700 sqm at MLP Poznań West and has already moved into the warehousing park.
Office & mixed-use development
French grocery store network Carrefour has decided to prolong its 5,000 sqm office lease in Green Court in Bucharest, which is owned and managed by Globalworth.
Retail & leisure
LCP Group has added another retail park to its portfolio following the purchase of such a centre in Pleszew in Wielkopolska province from Scallier.
Warehouse & industrial
Lithuanian DIY store chain Kesko Senukai has leased a 12,000 sqm warehouse and in total now occupies 20,000 sqm of warehouse space in the Rumbula Logistics Park in Riga, which is owned by Sirin Development.
Warehouse & industrial
Polish logistics operator VGL Solid Group has renegotiated its lease and expanded the space it occupies to around 4,500 sqm of warehouse and office space in Mapletree Park Będzin in Silesia.
Investment & finance
Czech fund Investika realitní fond and Luxembourg-based private investment company Bud Holdings have acquired Tensor Office Park in Gdynia for an undisclosed sum.
Warehouse & industrial
Construction work has started on Panattoni Park Grudziądz in Poland’s northern Kujawsko-Pomerania region. The park will comprise almost 70,000 sqm of warehouse and industrial space.
Construction
Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.
Retail & leisure
Unibail-Rodamco-Westfield (URW) has announced the rebranding of three of its flagship malls, including Galeria Mokotów in Warsaw, which will now become Westfield shopping centres.
Infrastructure
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Events
On 21 May 2022, over 500 runners will take part in the tenth Rondo 1 Run Up in Warsaw.
Office & mixed-use development
The Alpha building of the Airport City Gdańsk project has been opened.
Office & mixed-use development
Polski Holding Nieruchomości has been granted an occupancy permit for its Intraco Prime building at ul. Stawki 2B in Warsaw.
Office & mixed-use development
Home & deco retailer Elegance Décor has leased around 400 sqm in the first phase of the Equilibrium office complex being developed by Skanska in the Barbu Văcărescu-Floreasca area of Bucharest.
Warehouse & industrial
Prologis is to begin two new speculative developments in its park in D1 Ostředek park on Prague’s southeastern outskirts following the purchase of sites for the projects.
Green projects
A BREEAM ‘Excellent’ certificate has been awarded to DHL Supply Chain’s distribution centre developed by Panattoni in Żerniki near Poznań – the developer’s second such certificate at this level this year and the fourth to be issued in Poland for an industrial facility.
Green projects
Ghelamco has launched the construction of its own photovoltaic farms, with which the developer intends to energy neutrality for its Polish buildings by 2024.
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in summer 2023.
The Bucharest hotel market has the highest growth among CEE capitals in terms of revenue per available room (RevPAR), according to the Hotel Operator Beat H2 2021 report by Cushman & Wakefield.
Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.
UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.
CPI Property Group has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate for an undisclosed sum.
Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.
The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.
Radisson has opened its 15th hotel in Poland.
IHG Hotels & Resorts is to open the the first Holiday Inn Resort in Poland – in the Szklarska Poręba mountain resort in southwestern Poland, in partnership with AKME Wiśniewski Szklarska Poręba.
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.
Radisson Hotel Group has opened the Belgrade Art Hotel.
In 2020, EUR 370 mln was transacted in the hotel sector in Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia, according to the third CEE hotel investment report published by CMS and Cushman & Wakefield.
The Matild Palace hotel has reopened in Budapest after five years of extensive renovations. The building, which is owned by Özyer Group, is to be run by Marriott International as a Luxury Collection Hotel.
According to the Chamber of Commerce (Izba Gospodarcza Hotelarstwa) for the Polish Hotel Industry, Polish hotels face losses from May this year of up to PLN 750 mln.
The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.
The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.
Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.
Focus Hotels has opened an 85-room hotel in Elbląg.
The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.
I can’t wait for the days when our hearts and minds will no longer be preoccupied by the tragedy unfolding across our eastern border and life there becomes boring with steady econo ...
Small talkTomasz Trzósło, the chairman of the board of EPP, on why the Polish developer has de-listed, what impact the pandemic has had on its strategy, and what it’s doing to help ease the ...
Small talkBudapest-based Adventum Group has been hitting the headlines recently with a series of high profile acquisitions – not least that of Sky Tower in Wrocław. Kristóf Bárány, a foundin ...
The Iulius group and Netherlands-based Atterbury Europe are to invest EUR 0.5 bln in a large-scale, mixed-use urban redevelopment project on the 14 ha ...
Atlas Ward Polska has started work on two logistics parks with a total area of over 70,000 sqm on the eastern outskirts of Szczecin for Panattoni.
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
It really was 'a hard day’s night'! We’ve had to wait for this moment much longer than usual, but it has definitely been worth it. It is now possible ...
The day after tomorrow, the two largest sports events of "Eurobuild" for the real estate industry will take place - the 21st Annual Golf Tournament an ...
A special series of podcasts straight from Cannes! The latest comment, opinions and forecasts! Every morning, exclusively at www.eurobuildcee.com!
On 21 May 2022, over 500 runners will take part in the tenth Rondo 1 Run Up in Warsaw.
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
A BREEAM ‘Excellent’ certificate has been awarded to DHL Supply Chain’s distribution centre developed by Panattoni in Żerniki near Poznań – the develo ...
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in s ...
The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has ...
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Tétris has completed the fit-out work on Echo Investment’s new head office in Browary Warszawskie (the Warsaw Brewery).
Czech fund Investika realitní fond and Luxembourg-based private investment company Bud Holdings have acquired Tensor Office Park in Gdynia for an und ...
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 ...
In the times of uncertainty due to the pandemic situation worldwide and restrictions connected with that, co-working spaces and offices are gaining mo ...
Three new tenants have leased a total of 1,700 sqm of office space in the Crown Square building in Warsaw, which is asset managed by M&A Capital SARL: ...
Savills has been appointed as the property manager for Sky Tower in Wrocław, which was acquired by Adventum Group in March. The consultancy previously ...
The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in ...
Belgian developer BPI Real Estate Poland is preparing six new investment projects in Wrocław, Poznań, the TriCity and Warsaw with work to begin this y ...
LCP Group has added another retail park to its portfolio following the purchase of such a centre in Pleszew in Wielkopolska province from Scallier.
A bicycle storage stacking machine has been installed in the Norblin Factory centre in Warsaw, which can hold up to 96 bikes.
Car interior parts and systems specialist Dr. Schneider Automotive Polska is to move into an 11,700 sqm BTS facility in Panattoni Park Jelenia Góra in ...
