POLAND Not Murapol but LC Corp, a company owned by the Polish millionaire Leszek Czarnecki, will buy a 6.4 ha Kraków land plot. The seller is the Jupiter fund, a part of the Gremi group that is owned by Grzegorz Hajdarowicz.
Construction
RUSSIA/UKRAINE Chinese investors have offered the Crimean authorities to build a 4 km long underwater tunnel on the bottom of the Kerch Strait. The tunnel would accommodate two-way railway tracks and a six-lane motorway.
Investment & finance
POLAND In the first half of 2014, Czerwona Torebka has managed to sell 54 units worth nearly PLN 31 mln. Their total leasable area reached 4,900 sqm, a three-fold y-o-y increase, the company informed
CEE REGION Austrian banking group Erste has seen a EUR 929.7 mln loss in the first half of 2014 driven by the writedowns and tax regulations across the CEE markets.
ROMANIA Portuguese commercial bank Banco Comercial Português is selling its Romanian unit, Millennium Bank, to the Hungarian OTP Bank that operates across eight CEE markets.
Investment & finance
ROMANIA South African-owned investor in the Romanian property market NEPI have announced in an annual report that it has bought a 7.4 ha site in Piatra Neamț in the north-east of the country.
UKRAINE At the end of Q2 2014 the primary vacancy level in the warehousing sector in the greater Kyiv area amounted to 10.1 pct, representing a 5.4 pct increase on to Q1, according to research by DTZ.
POLAND In H1 2014 over half of new retail space was completed in cities with less than 100,000 inhabitants, with another 22 pct in cities with populations of between 100,000 and 200,000, according to research by DTZ.
RUSSIA EtalonPromstroy, Etalon Group’s industrial construction subsidiary, has been selected by Japanese investors Unipres Corporation as the general contractor for the design and construction of a 16,000 sqm automobile components factory.
Investment & finance
CEE REGION The first half of the year has seen many European office rentals improving, along with the prime yields hardening in some of the CEE cities, including Bucharest (-50 bps), Budapest (-25 bps) and Prague (-25 bps), a study by Colliers International shows.
Retail & leisure
EUROPE Paris-listed pan-European shopping centre operator Klépierre is set to acquire the Netherlands-based retail group Corio for EUR 7.2 bln. The move comes as Klépierre, which owns assets worth EUR 14 bln, aims to strengthen its position on the market and become Europe’s “leading pure-play retail property company.”
Office & mixed-use development
BULGARIA London-based investor Salamanca Group has opened the 21,000 sqm Infinity Tower office building, a part of the Bulgaria Mall complex.
Warehouse & industrial
CZECH REPUBLIC Toyota Tsusho Europe has leased more than 13,000 sqm of space in Prologis Park Prague-Jirny, increasing its space from the previously leased 7,500 sqm.
CZECH REPUBLIC Metrostav has started work on adapting a section of Václav Havel International Airport in Prague for the use of giant Airbus A380 jumbo jets.
Investment & finance
POLAND Warsaw-listed developer Echo Investment is negotiating a sale of two Polish shopping centres: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.
Hotels
RUSSIA The Park Inn by Radisson Pulkovo Airport hotel in St Petersburg has been opened.
UKRAINE Turkish fashion retailer LC Waikiki has singed a 1,190 sqm lease for space in the Riviera shopping centre in Odessa.
POLAND The volume of newly delivered warehouse space in Poland in the first half of the year amounted to 326,000 sqm, compared to the 198,000 sqm delivered in H1 2013, according to an industrial market report by Colliers International.
RUSSIA Around 630,000 sqm of new warehouse space was delivered in the first half of the year in the Moscow Region – almost three times more than in H1 2013, according to JLL.
Warehouse & industrial
POLAND Rico Logistics, part of the Rico Group, is to open its first Polish office.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
The new issue of Eurobuild is already here, with the first summaries of the passing year, numerous interviews and reports from market events: our annu ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
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 ...
S Immo has successfully completed a sale of the Juliš Hotel in Prague, with a total leasable area of around 6,700 sqm.
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Insignis concept store, a furniture retailer, has rented space on the ground floor of The Bucharest Business Park. Three other companies that sell fur ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by ...
Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersec ...
The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Pa ...
