Plaza Centers announces H1 results

Investment & finance
EUROPE Plaza Centers has released its results for H1 2012. The group’s operational revenues increased to EUR 33.7 mln, up by 42 pct on H1 2011 (EUR 23.7 mln), but nonetheless the group made a net loss of EUR 7 mln compared to a profit in the same period of the previous year of EUR 32 mln.
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Over the period the group opened Kragujevac Plaza, its first development in Serbia. The centre has been visited by 800,000 shoppers in the first three months of operations. The group has also announced that since the reporting period it has disposed of Ramstore development in Bulgaria and thus cleared EUR 6 mln of debt from its balance sheet.

Latest news

Retail & leisure

SEE region Supernova expansion for Eleport

schedule 22 July 2025
Opr./edited by NN

Shopping centre operator Supernova Group has entered into a strategic partnership with Estonian electric vehicle charging station provider Eleport, which will install almost 200 ultra-fast charging points in 30 Supernova locations across Croatia and Slovenia.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

schedule 20 July 2025
Eurobuild CEE

Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsaw City hotel and to support future investment projects aligned with the group’s broader regional growth strategy

Investment & finance

Poland Santander loans EUR 10 mln to Panattoni

schedule 22 July 2025
Opr./edited by AH

Panattoni has secured a loan of EUR 10 mln from Santander Bank Polska for the construction of the second stage of City Logistics Warsaw Airport IV.

Office & mixed-use development

Romania Bucharest office market down 31 pct on H1 2024

schedule 22 July 2025
Opr./edited by AH

Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first half of 2025. These contracts have brought the total value of the office leasing portfolio brokered by Crosspoint to over EUR 45 mln.

Warehouse & industrial

Germany Third centre for MSK Pharma

schedule 22 July 2025
Opr./edited by AH

After developing MSK Bensheim I and MSK Bensheim II, Panattoni has been commissioned to build a third centre for pharmaceutical company MSK Pharma Group. A 40,000 sqm BTS property is to be built on a brownfield site.

Warehouse & industrial

Poland Specjał expands in MLP Poznań

schedule 22 July 2025
Opr./edited by AH

GK Specjał has expanded its presence in the MLP Poznań logistics centre with the lease of an additional 6,400 sqm of warehouse space, including cold storage and freezers.

Warehouse & industrial

Poland Nemera expands in Western Pomerania

schedule 21 July 2025
Opr./edited by AH

Nemera, a supplier of drug delivery devices, has opened a second manufacturing plant in Szczecin, with an area of 9,000 sqm, doubling its production space.

Infrastructure

Poland Most of the land now acquired for CPK

schedule 21 July 2025
Opr./edited by AH

CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airport and the western section of the railway junction has now been acquired.

Office & mixed-use development

Romania Construction of U•Center 3 begins

schedule 21 July 2025
Opr./edited by AH

Forte Partners has begun construction work on the office component of U Center 3, following the receipt of the building permit at the end of June 2025. Located on Calea Șerban Vodă in Bucharest, the final residential stage is to begin in 2026.

Investment & finance

Poland Strong start to 2025

schedule 21 July 2025
Opr./edited by AH

The first half of 2025 brought a surge of activity to Poland’s commercial real estate market, with a total investment volume of around EUR 1.7 bln across 63 transactions, according to the latest report from Avison Young.

Investment & finance

Europe European RE investment rebounds

schedule 18 July 2025
Opr./edited by AH

A clear recovery can be seen in the investment market, according to the latest research by Savills. The transaction volume in Europe increased by 11 pct year-on-year, reaching nearly EUR 95 bln. Savills also predicts the Polish economy to grow.

Investment & finance

Czech Republic Czech real estate investment booms

schedule 18 July 2025
Opr./edited by AH

The commercial real estate investment market in the Czech Republic is experiencing an exceptionally strong period. The transaction volume in H1 2025 reached EUR 2.1 bln, representing a 187 pct year-on-year increase and signalling renewed investor confidence.

EurobuildCEE

Poland/CEE region Eurobuild celebrates its 300th issue!

schedule 17 July 2025
Eurobuild CEE

We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important milestone in our history – and the ideal opportunity to reflect on the path we have taken together with the real estate market in Poland and Central and Eastern Europe.

Warehouse & industrial

Poland 7R Park Gdańsk IV extended

schedule 17 July 2025
Opr./edited by AH

Work has been completed on the second stage of 7R Park Gdańsk IV in Barniewice. Dekpol Budownictwo was the general contractor.

Office & mixed-use development

Poland First new tenant for V Office building

schedule 17 July 2025
Opr./edited by AH

The refurbishment of the V Tower office building in Warsaw is nearing completion, with the first tenant to move into the building in the autumn – the State Treasury Property Board, which has leased almost 2,000 sqm of office space.

Warehouse & industrial

Poland ID Logistics stays on in Sosnowiec

schedule 17 July 2025
Opr./edited by AH

ID Logistics has extended its lease agreement for 15,500 sqm of warehouse space at Panattoni Park Sosnowiec II. Overall, the developer has now delivered over 250,000 sqm to the logistics operator throughout Poland.

Warehouse & industrial

Poland Nextbike consolidates in Prologis Park Warsaw II

schedule 17 July 2025
Opr./edited by AH

Nextbike Polska, a city bikesharing operator, is opening a production centre of almost 8,000 sqm in Prologis Park Warsaw II, combining a high-bay warehouse, a bicycle assembly plant, and a component printing centre.

Warehouse & industrial

Poland WKK comes to Łódź

schedule 17 July 2025
Opr./edited by AH

WKK, a supplier of fasteners, has secured over 1,700 sqm of space at MLP Business Park Łódź. The facility is expected to be delivered in mid-September this year.

Office & mixed-use development

Poland Warsaw offices squeezed by fewer deliveries

schedule 16 July 2025
Opr./edited by AH

According to figures from Cushman & Wakefield as of the end of June 2025, Warsaw’s office development pipeline remains at a historic low. Despite low take-up volumes, leasing activity was strong in terms of deal count. Shrinking office availability in central locations continues to drive prime rental growth.

Office & mixed-use development

Poland Landlord’s market begins for Warsaw offices

schedule 16 July 2025
Opr./edited by AH

Development activity in the Warsaw office market remains moderate but stable, with almost 90 pct of new space being built in central locations, according to Avison Young. Many properties are also being converted to new uses, most often for residential purposes.

Latest in Investment & finance

schedule 22 July 2025

Santander loans EUR 10 mln to Panattoni

Panattoni has secured a loan of EUR 10 mln from Santander Bank Polska for the construction of the second stage of City Logistics Warsaw Airport IV.

schedule 21 July 2025

Strong start to 2025

The first half of 2025 brought a surge of activity to Poland’s commercial real estate market, with a total investment volume of around EUR 1.7 bln across 63 transactions, according to the latest report from Avison Young.

schedule 18 July 2025

European RE investment rebounds

A clear recovery can be seen in the investment market, according to the latest research by Savills. The transaction volume in Europe increased by 11 pct year-on-year, reaching nearly EUR 95 bln. Savills also predicts the Polish economy to grow.

schedule 18 July 2025

Czech real estate investment booms

The commercial real estate investment market in the Czech Republic is experiencing an exceptionally strong period. The transaction volume in H1 2025 reached EUR 2.1 bln, representing a 187 pct year-on-year increase and signalling renewed investor confidence.

schedule 16 July 2025

Strong Romanian volumes in H1

The total volume invested in income-producing real estate assets in Romania reached around EUR 391 mln in H1 2025, down by 6.5 pct on the same period in 2024 (EUR 418 mln), according to data from Cushman & Wakefield Echinox. However, the period enjoyed the second-best performance of the last 12 years, being 30 pct above the average.

schedule 15 July 2025

Santander finances Panattoni Poznań XIV

Panattoni has secured further financing from Santander Bank Polska for the development of Panattoni Park Poznań XIV. The EUR 22 mln loan will enable the second and third stages of the project comprising a modern BTS facility and a 28,000 sqm speculative building.

schedule 14 July 2025

Adventum acquires four industrial assets

Adventum International, through its acquisition of four industrial properties in Poland, has launched its new Adventum Industrial fund, a sub-fund of Adventum Central Europe NAIF SICAV p.l.c. focused on industrial real estate investment as part of a long-term strategy focused on stable income-generating assets.

schedule 11 July 2025

Investment recovers

After a moderate start to the year, Q2 saw a revival in the investment market. However, the total transaction volume remains below the 2020 average, according to Savills Polska's 'Investment Market in Poland in H1 2025' report.

schedule 11 July 2025

DL Invest raises EUR 350 mln with bond issue

Polish warehouse developer DL Invest Group has completed its first public Eurobond issue, raising EUR 350 mln. The funds will be used for refinancing and further development.

schedule 10 July 2025

Develia buys Bouygues Immobilier

Develia has completed the acquisition of a 100 pct stake in Bouygues Immobilier Polska for EUR 65.9 mln, which will allow the company to further expand its operations in Warsaw, Poznań and Wrocław.

schedule 09 July 2025

Accolade buys Garbe Park České Budějovice

Accolade has acquired Garbe Park České Budějovice for around EUR 100 mln.. The transaction includes two completed buildings with a total area of ​​50,000 sqm and a 16 ha development site.

schedule 09 July 2025

7R purchases 1.4 ha

7R has finalised the purchase of a 1.4 ha plot in Stara Wieś (between Warsaw and Białystok), where it intends to build a warehouse and logistics park.

schedule 07 July 2025

BIG purchases tenth retail park

BIG Poland has acquired OTO Park Koszalin with a gla of 38,000 sqm. Following the purchase, BIG now operates ten fully commercialized retail parks across Poland, including in Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski, Ostróda, Myszków, Włocławek, Olsztyn, and Suwałki.

schedule 04 July 2025

PKO grants Echo EUR 27 mln loan

Echo Investment has been granted over EUR 27 mln to develop its Swobodna Spot project in Wrocław by PKO Bank Polski. The funds include a construction and investment loan of EUR 27.3 mln as well as a VAT loan of PLN 5 mln.

schedule 03 July 2025

M Core buys five new parks

M Core subsidiary LCP Poland has signed a contract to purchase five retail park projects with a combined area of almost 34,000 sqm from PKB Inwest Budowa. All of the parks are currently under development.

schedule 03 July 2025

PLN 100 mln for Milestone Warszawa Mokotów

Speedwell has been granted a loan of PLN 100 mln by BNP Paribas Bank Polska to develop its Milestone Warszawa Mokotów project. This will be the first PBSA centre to be developed in Warsaw under the Milestone brand.

schedule 01 July 2025

Studenac granted EUR 300 mln in financing

Croatian grocery store chain Studenac has been granted a EUR 300 mln loan for refinancing and development.

schedule 30 June 2025

Arkady Wrocławskie sold

Develia has signed a sales agreement with Vastint Poland for the Arkady Wrocławskie mixed-use building for EUR 42.967 mln.

schedule 30 June 2025

Stena buys two High5ive buildings

Swedish real estate company Stena is to acquire two LEED Platinum-certified office buildings in the High5ive complex in Kraków.

schedule 27 June 2025

Sale and leaseback for Cavatina Hall

Cavatina Holding has signed a sale and leaseback agreement with BPS Leasing for over EUR 22 mln for the Cavatina Hall, building A in Bielsko-Biała.

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Edition 7 (300) July 2025

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