POLAND The European Investment Bank (EIB) will lend EUR 240 mln (PLN 1 bln) for Warsaw municipal infrastructure projects. The funds will support the city’s 2014-2019 investment programme and contribute to creating the long-awaited mobility schemes, education, social and healthcare infrastructure as well as modernizing public and green spaces.
Property and Facility Management
RUSSIA Real estate consultancy JLL will be the manager of the Vodny shopping centre, which is to open in August in north-western Moscow, close to the Vodniy Stadion metro station.
POLAND A European subsidiary of the Japanese transport company Mitsui OSK Lines, MOL Europe, has signed a five-year lease deal for 800 sqm in the Alchemia business park in Gdańsk.
RUSSIA According to the latest report by JLL, in 2014, the quality hotel market in Moscow has seen a 4-pct drop in occupancy rates (down to 59 pct) and a 1-pct drop in the ADR (now at the level of RUB 6,000). This fall can be attributed to the political turmoil in Ukraine and sanctions put on Russia as a result, the analysts write in the “Moscow Hotel Market” report.
CEE REGION In Q2 2014, the volume of commercial real estate investment across the Central European markets (Poland, the Czech Republic, Slovakia, Hungary and Romania) amounted to EUR 1.14 bln, which represented a 75 pct increase y-o-y, a new report by Cushman & Wakefield shows.
Office & mixed-use development
ROMANIA Romanian International Bank, a subsidiary of the Polish financial group Getin Holding, has found a place for its new headquarters. The company will lease 3,500 sqm of office space at Hermes Business Campus in Bucharest.
Architecture and urban planning
UNITED KINGDOM International architecture and design company Aedas has reorganized its structure. The company’s regional offices in Russia, Poland and Kazakhstan, as well as eight British bureaus will now be operating under different brand, AHR.
Office & mixed-use development
POLAND Citi Service Center Poland has signed a 7,900 sqm lease contract for some extra office space in the T-Mobile Office Park complex, located in a white-collar district of Warsaw, Służewiec Przemysłowy.
Warehouse & industrial
POLAND PHUP Gniezno, the distributor of grocery products, will now have its warehouse at the Logistic & Business Park (LCP) in Bydgoszcz. The company has leased an area of 4,450 sqm from LCP’s owner, London & Cambridge Properties.
Investment & finance
POLAND Bałtyk, an office and retail building in Poznań, will be mainly funded by the Polish Investments Programme, coordinated by Bank Gospodarstwa Krajowego (BGK). A portion of the funding will also come from a European initiative supporting urban development, Jessica.
Residential
POLAND Dom Development has launched the construction of its Warsaw residential project, Willa Lindego. The facility will be located at ul. Wrzeciono 2 in Bielany, Warsaw.
Retail & leisure
ROMANIA Auchan, the French grocery retailer, has acquired a portfolio of twelve retail properties where the company has been running some of its Romanian supermarkets.
POLAND French grocer Carrefour has extended its 4,450-sqm lease contract with Galeria Gniezno for the next ten years. The nine-year-old Galeria Gniezno building, which belongs to the investment fund Standard Life Investments, offers 17,000 sqm of retail space.
Retail & leisure
POLAND Arrangements works are now taking place in the four new stores that will soon open in Europa Centralna, a shopping mall in Gliwice. The stores, including Fabryka Dywanów Welton, will jointly take up over 890 sqm.
Residential
POLAND Acciona Nieruchomości has announced a new project in Warsaw’s Miasteczko Wilanów. The Moja Atmosfera complex will consist of a residential part facing al. Rzeczypospolitej and a building on ul. Klimczaka destined for service providers.
Investment & finance
POLAND The Polish-Israeli developer Okam is interested in purchasing a 4.3-h plot of land in Warsaw district of Praga. Located on ul. Szwedzka, the parcel has formerly housed Pollena Uroda’s manufacturing facilities. It could now accommodate nearly 1,000 apartments and some office space.
Retail & leisure
POLAND A Mirbud-owned company, JHN Development, will develop a 3,000-sqm retail facility in the city of Rumia. Mirbud, the project’s general contractor, has already broken ground at the construction site.
Construction
POLAND Totalbud will be general contractor for a new residential building on ul. Pory in Warsaw, developed by a social housing association, Warszawa Południe. The value of the contract, signed after the so-called “design and construct” bidding procedure, amounts to app. PLN 9.7 mln.
Investment & finance
CEE REGION The US real estate giant Blackstone has acquired six logistics and distribution parks, located across Poland and the Czech Republic, from Pramerica Real Estate Investors. Meanwhile, Blackstone's logistics platform, Logicor, has bought a portfolio of European logistics facilities, including a Hungarian warehouse.
Construction
POLAND Budmont Sebastian Lipiec, a general contractor, is entering the construction site of Osiedle Marina in Lublin. Work on the residential project has been commissioned by its developer, Wikana.
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 ...
