POLAND Capital Park generated PLN 3.2 mln in net profit in the first quarter – app. PLN 9 mln lower than the figure last year. The group is continuing its acquisition policy and is planning purchases worth as much as PLN 200 mln this year.
POLAND American fund SOF-IX International Holdings, which is owned by Starwood Capital Group, is to buy three office buildings developed by Ghelamco. The properties changing hands are Katowice Business Point and two office complexes in Warsaw – Łopuszańska Business Park and T-Mobile Office Park on ul. Marynarska.
Investment & finance
CZECH REPUBLIC Vienna-headquartered property developer Warimpex has sold its last five-star hotel in Prague, the Savoy Hotel, to a private investor, as the company completes the withdrawal from the city’s declining luxury hotel market.
POLAND Advertising group Publicis is to move from its current offices in the Babka Tower building in Warsaw’s Żoliborz district to 1,100 sqm of offices in the Platinium Business Park complex on ul. Domaniewska in Mokotów district.
Retail & leisure
POLAND Panorama, one of the first shopping centre in Poznań, is to undergo modernisation work.
Retail & leisure
POLAND A TK Maxx store is to open in the Magnolia Park shopping centre in Wrocław.
POLAND Polish State Railways (PKP) is looking for parties willing to participate in a pilot programme for small development projects.
Office & mixed-use development
POLAND AIG/Lincoln Polska has started the construction of the third (11,900 sqm) and the fourth (11,400 sqm) building in The Park Warsaw complex in Warsaw.
Investment & finance
POLAND One of the most interesting and largest investment plots in Warsaw’s Wola district will most probably soon be changing hands.
Green projects
POLAND The North Gate and Atrium City office buildings in central Warsaw, which are both owned by Deka Immobilien, have received BREEAM In-Use certificates.
Office & mixed-use development
HUNGARY General Electric Healthcare has leased 6,500 sqm in building ‘C’ of the Váci Greens office building in Budapest.
Warehouse & industrial
Logistics developer and investor MLP, which owns six parks in Poland – two in Pruszków, one in Tychy, Bieruń and Poznań, as well as a recently announced project in Lublin – is planning another investment, this time in Kąty Wrocławskie.
WORLD/EUROPE Middle Eastern investors are expected to spend USD 180 bln in the world’s commercial real estate markets over the next decade, with 80 pct of it (USD 145 bln) to be allocated in Europe, according to the latest research from global property advisor CBRE.
Warehouse & industrial
POLAND Hi Logistics Europe, an affiliated logistics company of LG Electronics, has leased 20,600 sqm of warehousing in the ‘DC5’ building of Prologis Park Wrocław V.
Office & mixed-use development
SLOVAKIA Facebook game developer Pixel Federation has leased 2,100 sqm in Digital Park in Bratislava.
CZECH REPUBLIC Central Group has announced that since the beginning of the year it has bought land in Prague for the development of 1,900 homes for CZK 4.5 bln (app. EUR 164 mln) – a record for the company.
CZECH REPUBLIC Seznam.cz is planning to build a 2,500 sqm data centre in the industrial Park VGP Horní Počernice.
Retail & leisure
RUSSIA Four months before its opening in November, the Columbus shopping centre at Varshavskoe Shosse in Moscow is 78 pct leased, while another 10 pct is under negotiation.
Human resources
EUROPE During the celebrations of the 10th anniversary of BNP Paribas Real Estate, Philippe Zivkovic announced that he was stepping down from the position of the president of the management board and is to be replaced by Thierry Laroue-Pont, his deputy up until this point.
Retail & leisure
POLAND The 900th Rossmann drugstore has been opened in the Galeria Mokotów shopping centre in Warsaw, bringing the number of stores under this brand up to 85 in the capital city.
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 ...
