X5 issue bonds worth RUB 5 bln

Investment & finance
RUSSIA The X5 Finance, a wholly owned subsidiary of the X5 Retail Group, has completed a bond issue worth RUB 5 bln (EUR 124 mln) on the MICEX market in Moscow.
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The issue was 20 pct oversubscribed while the bonds are to mature in three years. Ronin acted as underwriter while the issue was organised by VTB Capital, Raiffeisen Bank, and Alfa-Bank, while Globex Bank acted as a co-lead manager. X5 Retail Group is Russia's largest retailer in terms of revenue. The company operates several retail formats including the Pyaterochka store chain, the Perekrestok supermarket chain and the Karusel hypermarket chain.

Latest news

Warehouse & industrial

Poland Nhood Services kicks of Góraszka Project

schedule 23 March 2026
Opr./edited by AH

Nhood Services Poland, responsible for development oversight of the Góraszka Project, is beginning the construction of underground sections and connections.

Warehouse & industrial

Poland Quality not scale

schedule 23 March 2026
Opr./edited by AH

Developers and investors are focusing on top-quality warehouse space, and land banks are being gradually released, according to CBRE's '2026 Poland Real Estate Market Outlook' report.

Retail & leisure

Poland MMG to build Krosno retail park

schedule 23 March 2026
Opr./edited by AH

Master Management Group is launching MMG Centers Krosno park, which will comprise around 26,000 sqm gla with parking for over 1,000 vehicles. Additionally, Agata is to build a 5,000 sqm standalone furniture showroom within the complex.

Investment & finance

Germany US investor comes into Bischweier with KPE

schedule 23 March 2026
Opr./edited by AH

Kajima Properties Europe has set up a joint venture with a US investor, with the new company to take possession of a 130,000 sqm logistics centre in Bischweier. Through the deal, KPE will retain partial ownership of the property and will also continue in its role as the centre's manager.

Investment & finance

Poland Swiss Family Office buys Lixa D

schedule 23 March 2026
Opr./edited by AH

The Swiss Family Office represented by OPG Property Professionals has acquired the Lixa D office building at ul. Giełdowa 5 in Warsaw from developer Yareal.

Warehouse & industrial

Poland Action comes to Dunikowo

schedule 23 March 2026
Opr./edited by AH

Action, a chain of non-food discount stores, has officially opened its fourth distribution centre in Poland. The 44,000-sqm centre was built in Dunikowo, near Szczecin.

Investment & finance

Poland Optimism comes home

schedule 23 March 2026
Opr./edited by AH

Poland is strengthening its position as one of the most compelling destinations for institutional real estate capital in Europe — this was the clear message echoed at MIPIM 2026 in Cannes. According to the capital markets at Axi Immo, investor confidence in the Poland is not only returning but accelerating.

Office & mixed-use development

Punkt now open

schedule 23 March 2026
Opr./edited by AH

The Punkt office building developed by Torus has opened in the Wrzeszcz district of Gdańsk, comprising 12,600 sqm gla.

Retail & leisure

Poland More travelling in Pogoria

schedule 20 March 2026
Opr./edited by AH

Travel agent Join UP! Polska has opened in the Pogoria Shopping Centre in Dąbrowa Górnicza.

Retail & leisure

Poland Bytom comes to Bonarka

schedule 20 March 2026
Opr./edited by AH

Bytom has opened a new 150 sqm clothing store in Krakow's Bonarka shopping centre with an interior based on modern aesthetics and the thoughtful presentation of the clothing.

Retail & leisure

Poland Three more tenants for Oto Park Siemianowice Śląskie

schedule 20 March 2026
Opr./edited by AH

The Oto Park Siemianowice Śląskie will house a number of stores previously absent from the town, including Douglas, Pan Materac, and Agata Home.

Infrastructure

EMEA region Tourism fuelled by growth in aviation

schedule 20 March 2026
Opr./edited by AH

Expanding airport capacity in Europe, the Middle East, and Africa will play a key role in sustaining long-term tourism growth and supporting demand for hotel, retail, and leisure properties, according to Colliers' latest report, 'Expanding Airport Capacity & Tourism, EMEA.'

Retail & leisure

Big Park Dzierżoniów to open Q2 2026

schedule 20 March 2026
Opr./edited by AH

Work is underway on the development of the BIG Dzierżoniów project, currently under construction in the town centre on ul. Batalionów Chłopskich.

Investment & finance

Hungary Árkád Szeged sold

schedule 20 March 2026
Opr./edited by AH

ECE Real Estate Partners and Bonitás Investment Fund Management announced the sale of the Árkád Szeged shopping centre in Szeged. to Hungarian real estate fund Home Fund. The transaction value has not been disclosed.

Events

Poland Don't miss the 12th Commercial Real Estate Conference

schedule 20 March 2026
Opr./edited by AH

On March 26th, at the NYX Hotel Warsaw in Warsaw, a conference is to be held to examine real estate investment in Poland and the CEE region. The event will bring together investors, developers, financial institutions, and advisors to share their knowledge and analyse current market trends.

Retail & leisure

Poland Retail sector remains strong and stable

schedule 20 March 2026
Opr./edited by AH

The total stock of modern retail space in Poland reached 14.2 mln sqm gla by the end of 2025, with a density of 380 sqm per thousand people, according to the Polish Council of Shopping Centres latest report titled 'Retail Market in Poland – H2 2025'. 

Architecture and urban planning

Poland Plans created for Airport City around CPK

schedule 20 March 2026
Opr./edited by AH

CBRE and 4CF have been selected as strategic advisors for the Airport City project, part of the Port Polska development programme. The two companies will develop a vision and operational strategy for the 600,000 sqm project.

Warehouse & industrial

Poland Work starts on refrigerated warehouse park

schedule 19 March 2026
Opr./edited by AH

Construction of a modern Greenyard refrigerated logistics centre at the Marq Logistics Centre in Gliwice has begun. The warehouse will be operational by the end of the year.

Office & mixed-use development

Poland Pekao enters Sky Tower

schedule 19 March 2026
Opr./edited by AH

A Pekao S.A. Bank customer service point has opened in Wrocław's Sky Tower building. The branch occupies over 300 sqm with an entrance on ul. Powstańców Śląskich.

Warehouse & industrial

Poland Rittal takes on 3,100 sqm

schedule 19 March 2026
Opr./edited by AH

Segro has signed another lease agreement with Rittal, a global supplier of control cabinet systems. Rittal is expanding its space at Segro Logistics Park Stryków by an additional 3,100 sqm.

Latest in Investment & finance

schedule 23 March 2026

US investor comes into Bischweier with KPE

Kajima Properties Europe has set up a joint venture with a US investor, with the new company to take possession of a 130,000 sqm logistics centre in Bischweier. Through the deal, KPE will retain partial ownership of the property and will also continue in its role as the centre's manager.

schedule 23 March 2026

Swiss Family Office buys Lixa D

The Swiss Family Office represented by OPG Property Professionals has acquired the Lixa D office building at ul. Giełdowa 5 in Warsaw from developer Yareal.

schedule 23 March 2026

Optimism comes home

Poland is strengthening its position as one of the most compelling destinations for institutional real estate capital in Europe — this was the clear message echoed at MIPIM 2026 in Cannes. According to the capital markets at Axi Immo, investor confidence in the Poland is not only returning but accelerating.

schedule 20 March 2026

Árkád Szeged sold

ECE Real Estate Partners and Bonitás Investment Fund Management announced the sale of the Árkád Szeged shopping centre in Szeged. to Hungarian real estate fund Home Fund. The transaction value has not been disclosed.

schedule 19 March 2026

AI now transforming real estate

The influence of artificial intelligence on the real estate market is growing, transforming not only the way buildings function but also how they are valued, leased, and sold, according to the 'The Impact of AI on the Built World' report by Cushman & Wakefield Echinox.

schedule 18 March 2026

Investment returns

According to Joanna Sinkiewicz, managing director of Accolade in Poland, this year's MIPIM trade fair in Cannes saw significantly more talk about specific projects and potential transactions compared to last year.

schedule 12 March 2026

Brain Park A sold

Echo Investment has sold the Brain Park A office building in Kraków to the SCPI Transitions Europe fund, managed by Arkéa REIM. The building comprises nearly 14,000 sqm of leasable space and is BREEAM certified with a rating of Excellent.

schedule 11 March 2026

Germany still core

Germany remains one of the most important markets for commercial real estate investment, although investors are increasingly monitoring the economic situation and structural challenges, according to the 'Trendbarometer' study prepared by Berlin Hyp, based on a survey of over 100 industry experts in March.

schedule 10 March 2026

Ireks plans centre near Bucharest

International manufacturer of bakery ingredients Ireks, has acquired a 1,3 ha plot in Chitila, near Bucharest, where it plans to build a new administrative facility with a customer service centre and a warehouse.

schedule 09 March 2026

CEE ready for the rebound

Real estate investment activity across Central and Eastern Europe (CEE) is gaining momentum, with total volumes reaching EUR 11.3 bln in 2025, up 34 pct year-on-year and 24 pct above the five-year average, according to the latest Investment Report CEE 2025 published by Knight Frank. The increase reflects stronger activity from domestic and regional investors, highlighting the growing role of CEE markets within the European investment landscape.

schedule 06 March 2026

Ceetrus and Auchan sell to Adventum

Ceetrus and Auchan have sold eight commercial properties in Poland to Adventum Group. The sale was coordinated by Nhood, who represented Ceetrus, the co-owner of the assets.

schedule 06 March 2026

7R goes into partnership

7R has signed a partnership with an SMA to invest EUR 200 mln in the development of modern industrial, warehouse and logistics projects across Germany.

schedule 05 March 2026

BIG buys into Dzierżoniów

BIG Poland has acquired a retail park project in Dzierżoniów in the Lower Silesia region. The project is to be the eleventh park in the company’s portfolio.

schedule 04 March 2026

Urban Partners sells care homes

 Urban Partners has announced the divestment of six modern care and nursing homes in Sweden on behalf of Nordic Strategies Fund III (NSF III). The portfolio has been acquired by Northern Horizon through its Aged Care Social Infrastructure Fund (ACSIF).

schedule 03 March 2026

Park Center portfolio disposal completed

Revetas Capital,, has announced the finalisation of the sale of the Park Center Hungary portfolio to Gránit Asset Management acting on behalf of Magyar Posta Takarék Real Estate Investment Fund. 

schedule 03 March 2026

Fidurock buys two Prague townhouses

The real estate investment group Fidurock has purchased two historic apartment buildings at Sokolská 35 and Sokolská 37 in the immediate vicinity of Wenceslas Square.

schedule 03 March 2026

Family Office Noack consolidates ownership of Zeitgeist

Family Office owned by, Sebastian Junghänel, has sold its shares in Zeitgeist Asset Management to Family Office Noack, ending the long-standing collaboration between the partners.

schedule 27 February 2026

PKO refinances ELI

Logistics platform European Logistics Investment secured EUR 136 mln in financing from PKO Bank Polski to refinance existing assets in the company's portfolio.

schedule 27 February 2026

Appennin buys Dunlop centre

Hungarian-based Appeninn has acquired the Goodyear logistics centre in Tarnów. The sale was brokered by Indotek Group. 

schedule 27 February 2026

Retail centres outside Bucharest attracting investors

Shopping centres located outside the Romanian capital were the most attractive asset class for investors in 2025, accounting for nearly 40 pct of the total transaction volume, according to the Romania Marketbeat Investment H2 2025 report. Office buildings in Bucharest came in second with a 30 pct share of the total investment volume.

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Edition 3 (306) March 2026

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