PL

Slovakia Bratislava’s highest Christmas tree

Residential
Slovak developer J&T Real Estate (JTRE) has topped out its Eurovea Tower skyscraper project, which forms part of its large-scale Eurovea 2 city-forming development in Bratislava. At 168m it is the tallest building in Slovakia.

A Christmas tree has been installed on the roof instead of the traditional topping-off symbol. It has taken 24 months for the construction work to reach this stage. Only the crown, the façade on the upper five floors, and the residential interiors are still to be finished. The completion of the building is scheduled for next summer

Building a skyscraper is a very dynamic process. While we’re laying the parquet floors on the first residential levels, we’re still pouring concrete many levels up. With our high-rise buildings it’s a learning curve – each time adds to our knowledge.
Ľuboš Kaštan, a project manager at JTRE

Eurovea Tower has been designed by the GFI architectural studio, while Strabag Pozemné staviteľstvo is the general contractor.

Eurovea Tower, which will contain 400 apartments, forms part of Slovakian developer JTRE’s Eurovea 2 riverside development, which includes the 25,000 sqm expansion of the Eurovea shopping centre (which now has 85,000 sqm), the 8-storey Eurovea Riverside with 97 residences, the Pribinova X and Y office buildings (18,000 sqm and 22,000 sqm of leasable space), 1,400 underground parking spaces, and the extension of the Pribinova and Danube promenades. The entire project is scheduled for completion in 2023.

Latest news

Warehouse & industrial

Czech Republic ViaPharma again with CTP

schedule 09 June 2023
Opr./edited by ANZ

ViaPharma has signed a 20-year lease agreement with the developer CTP for two Czech CTParks. CTP will prepare and hand over the premises, with a total area of almost 27,000 sqm and several specific modifications for the pharmaceutical industry, at the end of 2023.

ESG

Poland H2Offices’ sustainability recognized

schedule 09 June 2023
Opr./edited by ANZ

The first phase of Skanska's H2Offices has earned a Platinum LEED Core and Shell version 4 certification with 84 points. The building also obtained the highest rating of Access4You certification, meaning Gold level.

Residential

Czech Republic Affordable housing project in Prague

schedule 07 June 2023
Opr./edited by ANZ

Wolf Theiss Prague's real estate team successfully advised Sekyra Group in connection with the forward sale of residential project Opatov II to Dostupné bydlení České spořitelny and Kooperativa pojišťovna, Vienna Insurance Group as buyers.

Warehouse & industrial

CZECH REPUBLIC Packed into Pardubice hall

schedule 07 June 2023
Opr./edited by NN

Packaging producer Ire-Tex Praha has signed a five-year lease for a 7,500 sqm production hall in the Fáblovka industrial zone in Pardubice.

Office & mixed-use development

HUNGARY Lightware alights in Hungária

schedule 07 June 2023
Opr./edited by NN

Audio visual equipment supplier Lightware has leased 7,000 sqm in Hungária Office Park in Budapest for its new headquarters.

Events

Poland Save the date!

schedule 06 June 2023
Opr./edited by ANZ

It's that time of year when it is once again our great pleasure to invite you to the longest-running and most prestigious conference on the Polish office real estate market.

Warehouse & industrial

Poland Ekonip chooses a warehouse in Mszczonów

schedule 06 June 2023
Opr./edited by JC

Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów.

Warehouse & industrial

Romania MLP Bucharest West is growing

schedule 06 June 2023
Opr./edited by ANZ

MLP Group is expanding the MLP Bucharest West logistics park. A new facility of approx. 16,000 sqm is being built on a speculative basis. The investment will be put into operation by the end of this year.

Investment & finance

Serbia CA Immo sells Belgrade Office Park

schedule 05 June 2023
Opr./edited by ANZ

CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space.

Office & mixed-use development

Poland Glovo takes an entire floor

schedule 05 June 2023
Opr./edited by ANZ

Delivery platform Glovo has leased more than 2,000 sqm in Warsaw's Q22 office building. The company will occupy an entire floor in the facility.

Warehouse & industrial

Poland Victaulic stays in Poznań

schedule 05 June 2023
Opr./edited by ANZ

GLP has signed a contract with Victaulic, which has leased 7,500 sqm of space in the newest building of GLP's warehouse park at Poznań's Ławica airport.

Warehouse & industrial

Poland For the sixth time with K-Flex

schedule 05 June 2023
Opr./edited by ANZ

Panattoni has opened the sixth BTS facility within the K-Flex manufacturing and warehouse campus in Uniejów. With the new 33,000 sqm warehouse, the Uniejów complex has now exceeded 100,000 sqm.

Eurobuild FM

Poland Samuel Vetrak on the PBSA market in Poland

schedule 05 June 2023
Anna Zamyłka

In the latest episode of Eurobuild FM, Samuel Vetrak of Bonard consultancy firm talks exclusively to Eurobuild about the rapidly growing PBSA market in Poland.

Office & mixed-use development

Poland Ingage reaches for Infinity

schedule 02 June 2023
Opr./edited by JC

Investor relations (IR) software specialist Ingage Poland has leased almost 700 sqm of office space in the Infinity building in Wrocław.

Residential

POLAND Develia to take over Nexity Polska

schedule 01 June 2023
Eurobuild CEE

Polish developer Develia has signed a preliminary agreement to acquire 100 pct stakes in the Polish subsidiaries of French developer Nexity for EUR 100 mln (app. PLN 453 mln).

Eurobuild FM

Poland Gianluca Romano on the European investment market

schedule 01 June 2023
Magda Rachwald

In the latest episode of Eurobuild FM, Gianluca Romano, the head of capital raising at Swedish real estate investor Catella, tells us about the current situation on the investment market in Poland, the CEE region and Europe as a whole, as well as his expectations and forecasts for 2023.

Investment & finance

Poland Neptune gets funding

schedule 01 June 2023
Opr./edited by ANZ

Neinver and Nuveen Real Estate have successfully raised around EUR 170 mln in debt financing for the Polish portfolio of Neptune, a joint venture between Neinver and TIAA.

Retail & leisure

Czech Republic CBRE on the state of Czech retail

schedule 01 June 2023
Opr./edited by ANZ

The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?

Warehouse & industrial

Poland Robod chooses 7R City Park Gdańsk South II

schedule 01 June 2023
Opr./edited by JC

7R has provided space at 7R City Park Gdańsk South II to Robod, a manufacturer and distributor of occupational health and safety products.

ESG

Czech Republic ESG is both a challenge and an opportunity

schedule 01 June 2023
Opr./edited by ANZ

The real estate market in the Czech Republic is not yet fully prepared for the new ESG-related requirements, according to Colliers. Even construction projects planned over the next few years will not resolve this issue, since meeting strict standards is both procedurally and financially demanding.

Latest in Residential

schedule 07 June 2023

Affordable housing project in Prague

Wolf Theiss Prague's real estate team successfully advised Sekyra Group in connection with the forward sale of residential project Opatov II to Dostupné bydlení České spořitelny and Kooperativa pojišťovna, Vienna Insurance Group as buyers.

schedule 01 June 2023

Develia to take over Nexity Polska

Polish developer Develia has signed a preliminary agreement to acquire 100 pct stakes in the Polish subsidiaries of French developer Nexity for EUR 100 mln (app. PLN 453 mln).

schedule 01 June 2023

New huge housing estate on the Warta River

Construction will soon start on the Portowo na Starołęce project, the largest residential development in right-bank Poznań in years. The estate will be built on a 19-ha plot by the Warta River. The investor is Vastint Poland.

schedule 05 May 2023

More luxury on ul. Złota

AFI Europe has completed the refurbishment of the historic Wolf Krongold townhouse on ul. Złota in central Warsaw, having adapted it for long-term apartment rentals and modern commercial space.

schedule 18 April 2023

Echo and Archicom restructure

Echo Investment's residential business will be integrated into Archicom. The change will clarify the structure of the group, where Archicom will be the residential part and Echo Investment will focus on growing the commercial and PRS segments, as well as on creating mixed-use ‘destination’ projects.

schedule 12 April 2023

Soho goes green

Construction commences for the third stage of Soho by Yareal development in Warsaw’s Kamionek district, which will include two residential buildings containing 14 apartments and 132 higher-standard flats. Also, work on a 300-metre-long, fully landscaped park which runs through the complex will be completed later this year.

schedule 11 April 2023

Major drivers of the CEE living market

Urbanisation, the supply gap of dwellings and the growing middle class are the main drivers for the living market in CEE reveals a report by Colliers: ‘The living sector in CEE-6. Let's discover the potential of the market segment’.

schedule 06 April 2023

Cavatina prepares Katowice resi-project

Cavatina is planning of a new mixed-use development in the centre of Katowice. Further details of the project have yet to be revealed, but, as ‘Eurobuild’ has managed to establish, the app. 20,000 sqm gla complex will contain around 200 flats. 

schedule 27 March 2023

Millions for Neo Natolin

Real Management has announced funding for construction of the first stage of the Neo Natolin housing estate. The company has received funding of PLN 125 mln for the residential project which is being developed in Warsaw’s Wilanów district, at ul. Stefana Korbońskiego.

schedule 23 March 2023

Promising Polish PRS

According to the latest Avison Young report, at the end of 2022, there were over 9.4 thousand units in the pool of apartments for institutional rent in Poland, and another 13 thousand flats were under construction. The prolonging conflict in Ukraine and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland.

schedule 15 March 2023

New PRS project in Mokotów district

Apricot Capital Group (ACG) has announced the signing of a general contractor agreement with Budimex for the construction of a new PRS development at ul. Taśmowa 5, in the Warsaw’s Mokotów district. The total investment exceeds PLN 270 mln and ACG’s investor has provided the full sum in equity.

schedule 15 March 2023

PRS is the safest

Institutional rental comes from Western Europe and is firmly established, among others, in Germany, Switzerland and the Netherlands. For several years, interest in the PRS market from both investors and tenants, has been steadily growing in Poland.

schedule 13 March 2023

Multikino Urysnów makes way for estate

Belgian developer GH Development has acquired the more than 1 ha plot of the Multikino cinema and entertainment complex in Warsaw’s Ursynów district for an undisclosed sum. It is now planning to develop a 300-apartment residential project on the site.

schedule 28 February 2023

248 apartments from Interdraw

Interdraw has obtained the building permit for Sungate Apartments, a residential project with 248 apartments in Bucharest. The market value of the investment is over EUR 30 mln.

schedule 09 February 2023

One Lake District with a building permit

One United Properties, the investor and developer of residential, mixed-use, and office real estate in Romania, has obtained the building permit for One Lake District, a large-scale sustainable residential development with 2,076 apartments, located on the shores of Lake Plumbuita. 

schedule 18 January 2023

A modern residential district in Munich

Empira Group has acquired the Langes Land, a residential project in Munich, Germany. The project will create residential space in the highly sought-after Bavarian state capital to meet the continuous high demand.

schedule 23 December 2022

Prime Łódź 1 awaits green light

Łódź city council has received an application from Warsaw-based company Prime Łódź 1 for the development of a complex of three apartment towers opposite the Galeria Łódzka shopping centre. The project could see the construction of 900 residential units.

schedule 20 December 2022

Wing and Griffin take 60% of Bauwert

Hungarian real estate group Wing together with Warsaw-based private equity manager Griffin Capital Partners have entered into an agreement with Bauwert to buy a 60 pct stake in the Berlin-based developer.

schedule 19 December 2022

LivUp buys in Kraków

LivUp, one of the first investor and operator on the Polish PRS market, has finalized the purchase of a property in Kraków from Galinvest. The new LivUp project will include about 80 residential apartments for long-term rental.

schedule 13 December 2022

PRS is doing well

We have visited the latest investment of the Resi4Rent platform - an investor and an operator of flats for rent. The project on ul. Woronicza in Warsaw was commissioned less than two months ago and is already 100 pct leased.

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