Orbis predicts EBITDA of PLN 205 mln for 2012

Investment & finance
POLAND The management of the Orbis hotel group has predicted an EBITDA of PLN 205 mln for 2012.
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The forecast has been made after releasing its financial results for the last nine months and is based on the booking levels in its hotels in the fourth quarter of the year. The company has informed us that it has not taken into account the results of property sales transactions, fixed assets’ revaluation adjustments or the costs of employment restructuring. The forecast is being monitored and will be updated in the case of any considerable deviations.

Latest news

Investment & finance

Poland Calm year for investment markets

schedule 23 February 2026
Opr./edited by AH

In 2025, the value of investment transactions in the Polish commercial real estate market reached EUR 3.98 bln, according to the latest figures from the ‘Investment Market in Poland – Q4 2025’ review published by BNP Paribas Real Estate. Q4 confirmed the market's resilience and continued investor activity despite the challenging macroeconomic and geopolitical environment.

Office & mixed-use development

Czech Republic Hila nears completion

schedule 23 February 2026
Opr./edited by AH

The mixed-use Hila complex under development by Passerinvest Group, in Prague's Brumlovka district, is nearing completion. The 15-storey building will combine office, retail, and space, as well as a public transport terminal. Completion is scheduled for this year.

Investment & finance

CEE region Investment on the rise across the region

schedule 23 February 2026
Opr./edited by AH

Investor sentiment in Central and Eastern Europe will continue to improve in 2026, according to CBRE's ‘European Investor Intentions Survey 2026,’ . Market players predict this will be a more active year for real estate transactions in this region, compared to the overall European average.

Office & mixed-use development

Poland Just four construction permits issued

schedule 23 February 2026
Opr./edited by AH

According to the "Warsaw Crane Survey 2026" report by  Deloitte, last year four building permits were granted, three new applications were submitted, and one planning permission was issued.

Investment & finance

Poland Aareal increases Hillwood financing to EUR 440 mln

schedule 23 February 2026
Opr./edited by AH

Hillwood has secured an additional EUR 120 mln in financing from Aareal Bank for four existing warehouse projects in Poland. The transaction included a refinancing of the original debt and an increase in the existing credit line, bringing the total value of the loan to EUR 440 mln.

Warehouse & industrial

Poland Stokado opens second Warsaw centre

schedule 23 February 2026
Opr./edited by AH

Stokado has opened its second self-storage centre in Warsaw. The newly opened building comprises 4,800 sqm of storage with around 950 units.

Investment & finance

Romania Record Park sold

schedule 23 February 2026
Opr./edited by AH

Record Park in Cluj Napoca has been sold by Belgium-based investment fund  AYA Properties Fund to BT Property, managed by INNO Investments.

Warehouse & industrial

Poland Panattoni starts constructing 240,000 sqm near Katowice

schedule 23 February 2026
Opr./edited by AH

Panattoni is to launch construction work on Panattoni Park Katowice Airport. FIEGE is to be the first tenant of the centre with a lease of 42,000 sqm.  Eventually, the project is to comprise 240,000 sqm.

Exclusive

Germany Our plans are ambitious

schedule 23 February 2026
Opr./edited by AH

Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out about what the Polish warehouse developer plans for the German market?

Office & mixed-use development

Poland Cavatina takes the top floor

schedule 20 February 2026
Opr./edited by AH

Resi Capital, Cavatina Holding, Cavare, and Cavatina Real Estate Services have leased 840 sqm on the top floor of the V Tower building in Warsaw. The company is to move into its new office in May 2026.

Warehouse & industrial

Poland CTP completes first Emalianów building

schedule 20 February 2026
Opr./edited by AH

CTP has completed the first building in the CTPark Warsaw Emilianów complex, delivering approximately 54,000 sqm to the market. The company is preparing to begin construction on the second building with an area of more than 43,000 sqm.

Retail & leisure

Poland TK Maxx to open soon

schedule 20 February 2026
Opr./edited by AH

On February 26th, TK Maxx will officially open its first store in Gorzów Wielkopolski.

Warehouse & industrial

Czech Republic Warehousing investment booming

schedule 20 February 2026
Opr./edited by AH

Annual demand for industrial space in the Czech Republic reached its third-highest ever level last year. At the same time, the volume of projects under construction was also at a record level.

Office & mixed-use development

Poland Only two small projects delivered

schedule 20 February 2026
Opr./edited by AH

At the end of 2025, the stock of modern office space in Poznań came to 677,500 sqm, with 4,900 sqm having been delivered in two small projects. Despite the low volume, this was the second-highest among Poland's regional markets.

Investment & finance

Germany Finishing what someone else starts

schedule 20 February 2026
Opr./edited by AH

Orion Capital Managers has acquired a 32,600 sqm uncompleted mixed-use development in Mannheim.

EurobuildCEE

CEE REGION The latest issue of Eurobuild has hit the shelves!

schedule 20 February 2026
Eurobuild CEE

The latest issue of Eurobuild CEE magazine is now out, in print, web and flipbook versions! And it contains the usual mix of hot news, analysis, trends and interviews. The highlights of this month's issue include an interview with the CEO of a major North American investor as it enters the Polish market, the responses of the Eurobuild Awards winners (including a biographical essay by the our Lifetime Achievement laureate, Kazimierz Kirejczyk), and a look around Soho by Yareal as it continues to transform Praga-Południe.

Investment & finance

Poland Focus secures financing from Pekao

schedule 20 February 2026
Opr./edited by AH

Focus Estate Fund has secured a senior financing facility of EUR 10.5 mln with Bank Pekao S.A. The financing will support the Trilogy portfolio of mid-sized retail properties in southern Poland, comprising Sosnowiec Plaza, Ruda Śląska Plaza and Rybnik Plaza.

Warehouse & industrial

Poland Two tenants stay on in Diamond Business Park

schedule 20 February 2026
Opr./edited by AH

Konvertia Poland and Fresenius Kabi Polska have signed lease extensions for space in Diamond Business Park Stryków, a joint venture between Greykite European Real Estate Fund I and White Star Real Estate. Fresenius Kabi, also increased the size of its lease. The newly signed deals are for a total area of 34,400 sqm.

Warehouse & industrial

Poland Panattoni signs up Mikomax

schedule 19 February 2026
Opr./edited by AH

Acoustic booth manufacturer Mikomax has extended its lease for 10,000 sqm of warehouse space at City Logistics Łódź III and also leased a new 3,000 sqm space at Panattoni Business Center Łódź I.

Retail & leisure

Poland Agata opens in Galeria Północna

schedule 19 February 2026
Opr./edited by AH

Home furnishings retailer Agata has opened a 300 sqm store in Warsaw's Galeria Północna shopping centre on the first floor, opposite the RTV Euro AGD electronics store.

Latest in Investment & finance

schedule 23 February 2026

Calm year for investment markets

In 2025, the value of investment transactions in the Polish commercial real estate market reached EUR 3.98 bln, according to the latest figures from the ‘Investment Market in Poland – Q4 2025’ review published by BNP Paribas Real Estate. Q4 confirmed the market's resilience and continued investor activity despite the challenging macroeconomic and geopolitical environment.

schedule 23 February 2026

Investment on the rise across the region

Investor sentiment in Central and Eastern Europe will continue to improve in 2026, according to CBRE's ‘European Investor Intentions Survey 2026,’ . Market players predict this will be a more active year for real estate transactions in this region, compared to the overall European average.

schedule 23 February 2026

Aareal increases Hillwood financing to EUR 440 mln

Hillwood has secured an additional EUR 120 mln in financing from Aareal Bank for four existing warehouse projects in Poland. The transaction included a refinancing of the original debt and an increase in the existing credit line, bringing the total value of the loan to EUR 440 mln.

schedule 23 February 2026

Record Park sold

Record Park in Cluj Napoca has been sold by Belgium-based investment fund  AYA Properties Fund to BT Property, managed by INNO Investments.

schedule 20 February 2026

Finishing what someone else starts

Orion Capital Managers has acquired a 32,600 sqm uncompleted mixed-use development in Mannheim.

schedule 20 February 2026

Focus secures financing from Pekao

Focus Estate Fund has secured a senior financing facility of EUR 10.5 mln with Bank Pekao S.A. The financing will support the Trilogy portfolio of mid-sized retail properties in southern Poland, comprising Sosnowiec Plaza, Ruda Śląska Plaza and Rybnik Plaza.

schedule 19 February 2026

pbb takes on two projects

Deutsche Pfandbriefbank (pbb) is financing logistics developments in Herten and Bensheim on behalf of the joint venture between Urban Partners (formerly Nrep) and HIH Invest. Both projects are being developed in accordance with the latest ESG standards and are aiming for DGNB Gold certification.

schedule 19 February 2026

7R Słupsk sold

7R has sold a warehouse centre near Słupsk to CRISTAL Life, a real estate investment trust managed by French asset management company Inter Gestion REIM. This transaction marks the trust’s entrance into Poland.

schedule 19 February 2026

Market begins recovery

Poland is one of the most attractive investment markets in Europe according to Knight Frank. High transaction activity in the fourth quarter, stable yields, and the growing role of local capital show that the market is in a recovery phase with prospects for further growth.

schedule 19 February 2026

Investment returns to CEE

Real estate investment markets in Central and Eastern Europe returned to growth in 2025, benefiting from falling inflation, improved economic prospects, and the beginnings of monetary policy normalisation, according to the "CEE Investment Market Perspective" report prepared by JLL and iO Partners.

schedule 18 February 2026

Revive buys first Warsaw building

The Belgian company Revive has purchased a townhouse at ul. Zgoda 1 in Warsaw. The eight-storey property will be modernised. The building was built in 1877 and has a total area of over 3,100 sqm.

schedule 17 February 2026

Domestic investment on the rise

Domestic investors invested nearly EUR 860 mln in Polish real estate over 2025, according to figures from Colliers.

schedule 13 February 2026

Booster Zabrze sold

LemonTree has sold the two warehouse buildings comprising the first stage of the Booster Zabrze development to Vestas Investment Management Europe, an international company managing an extensive portfolio of logistics and office properties across Europe on behalf of global investors.

schedule 12 February 2026

Investika enters Germany

The Investika Real Estate Fund is entering Germany through the planned acquisition of an 89.9 pct stake in the Höfe am Brühl shopping centre in Leipzig. The transaction creates a joint venture with Unibail‑Rodamco-Westfield Germany, which is to remain a minority shareholder and will continue to provide asset and property management services.

schedule 12 February 2026

Panattoni financed by Santander

Panattoni has secured a EUR 26.5 mln from Santander Bank Polska for its Warsaw Panattoni Park Warsaw North III project in Nadma.

schedule 06 February 2026

Investment rebounds across CEE

Central and Eastern Europe (CEE) marked a decisive turning point in 2025, moving from hesitation to execution as investment volumes surged to EUR 11.6 bln across the region’s six core markets, a 31 pct year-on-year increase according to the latest insights from Colliers. The rebound was driven by disciplined underwriting, stabilising pricing and the return of liquidity — increasingly led by domestic and regional investors.

schedule 06 February 2026

Warsaw now third best European investment destination

Warsaw has emerged as one of the most attractive cities for investment in Europe in 2026, according to CBRE's 'European Investor Intentions Survey 2026'. The city ranked third in the ranking, trailing only London and Madrid.

schedule 05 February 2026

2025 a time of structural change

Although the volume of investment transactions in 2025 reached around EUR 4.5 bln, a 13 pct decrease compared to the previous year, the past 12 months were marked by significant structural changes states Cushman & Wakefield.

schedule 04 February 2026

Taifun to become university building

Indotek Group has sold the Taifun office building in Warsaw to Lazarski University. The building will house teaching facilities for the country's first private dental studies course.

schedule 03 February 2026

Alior to sell office property

Alior Bank has announced that it is to sell its right of perpetual usufruct to ul. Towarowa 25A next to Rondo Daszyńskiego.

Read flipbook version

Edition 2 (305) February 2026

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