Architecture and urban planning
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory Square) in Dejvice district (Prague 6).
Residential
Swedish residential specialist Heimstaden Bostad, through its subsidiaries Heimstaden Czech and Heimstaden Czech Pilsen, has received a sustainability-linked loan of EUR 700 mln from a consortium of banks for its Czech properties.
Architecture and urban planning
Alto Real Estate, the owner of the Sky Park complex in Bratislava, has launched an architectural competition for its further development on an adjacent plot.
Warehouse & industrial
Panattoni has developed a BTS facility for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies.
Green projects
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation programme across its European business park portfolio.
Green projects
Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.
Residential
Vastint Poland is launching the development of its first private rental sector residential project – the Pastelowo estate, which is to be built on ul. Pastelowa in Poznań, close to the developer’s Business Garden office complex in the city’s Grunwald Północ district.
Investment & finance
Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.
Office & mixed-use development
Forte Partners announces the completion of the U•Center 2 office building in Bucharest, which has a GLA of 35,000 sqm.
ESG
LaSalle Investment Management has announced that three of its office buildings in the CEE region – two in Prague and one in Warsaw – have achieved WiredScore 'Platinum' certification. The Czech buildings are the first office properties in the country to receive WiredScore at the highest level.
Investment & finance
Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.
Investment & finance
The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Investment & finance
Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.
Office & mixed-use development
Three tenants of North Gate office building in Warsaw have decided to extend their leases and expand the occupied space. As a result, the companies occupy a total of 4,000 sqm.
Warehouse & industrial
A company from the logistics sector has leased 110,000 sqm in the CTPark Warsaw West complex in Wiskitki, near Warsaw. The new tenant will occupy a total of two buildings.
Warehouse & industrial
Antra has leased almost 4,000 sqm of warehouse space in building DC4B at Prologis Park Chorzów. The lease was concluded for three years, with an option to extend.
Warehouse & industrial
ILS, which is responsible for the warehousing, distribution and transport services of Inter Cars Group, has leased 22,500 sqm of storage space in Mapletree Park Będzin.
Investment & finance
7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.
Investment & finance
E.Leclerc has bought a retail property in Jelenia Góra from Tesco. The building is currently undergoing revitalisation work to transform it into a 24,500 sqm convenience shopping centrre
Warehouse & industrial
Panattoni is close to completing a 150,000 sqm project for Hermes Fulfilment in Iłowa near Zielona Góra, which is investing EUR 300 mln in the project.
Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.
Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.
The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.
7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.
E.Leclerc has bought a retail property in Jelenia Góra from Tesco. The building is currently undergoing revitalisation work to transform it into a 24,500 sqm convenience shopping centrre
Czech Investment group Kaprain has purchased former Howden ČKD manufacturing facility in Prague 9. The brownfield site offers about 53,000 sqm of space.
Hillwood Polska has signed loan agreements with Bank Pekao SA for the construction of three warehouse parks - in Częstochowa, near Rawicz and in Łazy near Warsaw - granting a total loan of more than EUR 89 mln.
Garbe has acquired a plot of land located some 30 km east of Würzburg. A logistics centre with a total area of around 16,000 sqm is to be built on it. Construction is scheduled to start in Q2 of 2024, with an investment volume of around EUR 25 mln.
Galeria Askana in Gorzów Wielkopolski has been acquired by Polprop 4, an SPV owned by Irish investor John Patchell, for an undisclosed sum. The new owner plans to double the value of the shopping centre within 2 to 3 years.
Panattoni has received financing from BNP Paribas Bank Polska for the largest industrial park in Bydgoszcz, Panattoni Park Bydgoszcz IV.
Romanian developer One United Properties generated a gross profit of EUR 69.8 mln and a consolidated turnover of EUR 171 mln in H1 2023 – up by 17 pct and 26 pct y-o-y respectively.
P3 Logistic Parks has acquired a 30-hectare site in Dachowa near Poznań. The newly acquired plot will be used to build the P3 Poznań III park, which will complete the developer's portfolio in the Wielkopolska region.
The DSV Group intends to invest more than 1 bln PLN over the next five years in Poland. The largest investment will be the construction of a logistics centre in Wypędy near Warsaw. The cost of the project will be more than 260 mln PLN.
GTC has presented its financial results for H1 of 2023. Rental and service revenues ranked at EUR 90 mln (EUR 85 mln in the corresponding period of 2022), while rental revenue growth increased by 8 pct on a like-for-like basis.
Mitiska REIM has purchased a retail park in Skalica on behalf of the MEREP 3 fund. The company is also developing a new facility in Sládkovičovo and has announced plans to increase its portfolio of retail parks in Slovakia in partnership with OPC Group.
Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The EUR 10.5 mln loan was granted by Bank Gospodarstwa Krajowego.
Pad Res has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 mln. The funding will be allocated to the construction of two photovoltaic farms, with a combined capacity of 117 MW, in northern Poland.
Danish real estate investor Nrep has acquired a majority stake in Polish warehouse developer 7R, investing app. EUR 200 mln in the company.
AB Tewox, an investment company managed by Lords LB Asset Management, has announced the acquisition of five retail parks in Głowno, Świdnica, Przemyśl, Kalisz and Puławy in Poland.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
Polish construction company Erbud has signed a cooperation agreement with South Korean giant Daewoo Engineering & Construction to jointly implement pr ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni has extended its sponsorship agreement with Poland’s premier golfer, Adrian Meronk. In the first year of Panattoni’s sponsorship, Meronk ach ...
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
LaSalle Investment Management has announced that three of its office buildings in the CEE region – two in Prague and one in Warsaw – have achieved Wir ...
For the 12th time it all went with a bang! The winners of the Eurobuild Awards 2022 have been announced to almost 900 guests of the Awards Gala, who w ...
Welcome to the September issue of Eurobuild! For the first time, our magazine is also being published as a flipbook.
Welcome to Eurobuild FM – the hottest podcast around! Kazimierz Kirejczyk, the senior housing strategy advisor at JLL in Warsaw, recalls the beginning ...
The 12th JLL Charity Beach Volleyball Tournament took place on August 3rd, and this year a record number of people attended the event. The winning tea ...
We invite you to listen to the latest episode of the 'Eye to Eye' podcast! Today, Eurobuild's guest is Daniel Bienias, the head of CBRE for Poland and ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Hampton by Hilton Budapest City Centre, the country's first hotel under the Hampton by Hilton brand, has opened in Budapest.
Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE reg ...
Electrum is building a 200 MW solar farm for EDP Renewables. The project will be built on 245 hectares in the Przykona municipality in the Greater Pol ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. ...
Wrocław-based Satoia has acquired a 10 ha plot in Wolbórz from CPD for an undisclosed sum. The land has the potential for the development of an app. 4 ...
Operational and financial systems supporting property managers are constantly expanding and changing to keep up with changing market needs. Good relat ...
Forte Partners announces the completion of the U•Center 2 office building in Bucharest, which has a GLA of 35,000 sqm.
Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.
Construction work has begun on what is to be one of the largest sports, cultural and social venues in the Czech Republic – in the central city of Jihl ...
Swedish residential specialist Heimstaden Bostad, through its subsidiaries Heimstaden Czech and Heimstaden Czech Pilsen, has received a sustainability ...
Street Restaurant has opened in the Lixa office complex. The restaurant occupies approx. 470 sqm on the ground floor of the Lixa C building, facing th ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Panattoni has developed a BTS facility for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and dev ...
Flex office stock grows not only in large cities
Flex office stock grows not only in large cities
Newmark Polska
Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says ...
Real estate market in the transition phase
Real estate market in the transition phase
Axi Immo
The MIPIM international real estate fair in Cannes, held on March 14-17, 2023 was an opportunity to get acquainted with the latest trends and challenges facing the commercial marke ...
Polish Real Estate Investment
Polish Real Estate Investment
Cromwell Property Group
While the rest of the world watches Ukraine deal with the ongoing effects of its invasion by Russia in February 2022, the real estate industry should be paying particular attention ...