POLAND Budimex has signed two construction contracts with an Italian chocolate manufacturer Ferrero. Worth jointly PLN 153.7 mln, they come as the company's expands its production in Poland.
POLAND Litwiniuk Property facilitated the sale of a 240 sqm retail unit in a Szczecin tenement house. Located on ul. Bogusława X and owned by an undisclosed company that also holds the rest of the building, the space was acquired by an anonymous private investor for PLN 2.6 mln, the company informed.
ROMANIA Bank of Cyprus has disposed of its 35.2 pct share in JW Marriott-branded Bucharest Grand Hotel, initially valued at EUR 95 mln, by selling it to the Austrian construction and development conglomerate Strabag.
POLAND LeasePlan Fleet Management, an international fleet management company, has leased almost 2,000 sqm of space in the NC3 office building in Warsaw, where it will move in Q1 2015.
RUSSIA Colliers International has become the property manager for Drive, a 42,000 sqm shopping centre in Moscow’s Vykhino-Zhulebino district.
POLAND Belgian-originated developer Ghelamco has finalized the sale of its T-Mobile Office Park, Łopuszańska Business Park and Katowice Business Point to an American private investment firm Starwood Capital Group. The three office properties comprise 78,000 sqm of space in total.
POLAND This Saturday the construction work is about to begin on the The Tides office and hotel project in Warsaw. Developed by the Tides company at the Vistula River embankment, the complex will be erected on the land plot now occupied by the Warsaw Rowing Association. The construction work is planned to be completed at the end of 2015 or in early 2016.
POLAND In H1 2014, Interferie (Interferie jointly with an affiliated company, Interferie Medical SPA) continued to perform stable growth. At the end of June 2014, the group’s revenues amounted to over PLN 17.9 mln, as compared to PLN 17.9 last year. Its net loss in H1 2014 decreased to PLN 356,000, from PLN 1.23 mln in H1 2013.
POLAND Management board of Atrium European Real Estate (AERE) has approved the first stage of the extension and modernization plan for the Atrium Promenada shopping centre in Warsaw. According to the company, the shopping centre will get enlarged by as much as 44,000 sqm.
EUROPE In H1 2014, a Poland-based restaurant operator Amrest, which runs app. 760 bars under KFC, Burger King, Pizza Hut and Starbucks brands, has seen a 8.9 y-o-y increase in its revenue, to PLN 1.4 bln. However, the company also posted a significant drop in net operating profit, which hit PLN 12 mln, as compared to PLN 41.8 mln in H1 2013.
CEE REGION In H1 2014, AFI Properties, which is the parent company of the CEE developer AFI Europe, has seen an over six-fold y-o-y increase in profit, from EUR 4.3 mln to EUR 27.5 mln. The global real estate investment company’s net operating income hit EUR 39.4 mln, up 10 pct y-o-y.
POLAND In its last financial year, Goodman Group has seen a 10 pct boost in operating profit worldwide, to EUR 414 mln, while its total assets under management hit EUR 18.4 bln, up 14 pct y-o-y.
POLAND Eiffage Polska Budownictwo has signed a PLN 45 mln deal to extend and redevelop a Solaris bus plant in Bolechów-Osiedle in Wielkopolskie Province, the companies announced.
POLAND Fashion retailer Wrangler is planning to open its first mono-branded store in Poland, in Warsaw’s Arkadia, by the end of the month, the company announced.
POLAND Ground has been broken for the first stage of the Klasyków II residential estate on ul. Krokwi in Warsaw’s Białołęka district, a Dom Development project.
POLAND Czarna Góra Apartamenty has decided to build a condo hotel near its existing Czarna Góra resort in Sienna near Stronie Śląskie in Poland’s Lower Silesian Province. Located next to the six luxury apartment buildings, the four storey condo hotel is set to house 142 apartments.
POLAND Inpro has signed a loan contract with the PKO BP bank for partial financing of the net costs related to the construction of B building at the Chmielna Park estate on ul. Chmielna and ul. Toruńska on the Spichrzów Island in Gdańsk.
POLAND On August 15th, after eight years of preparations, the local zoning plan for a brownfields site in the neighbourhood of ul. Orłów Piastowskich in Warsaw’s Ursus district has come into force.
POLAND DTZ has been re-selected to lease and manage the Złote Tarasy shopping centre in Warsaw.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
'Eurobuild CEE' announces its spring awakening. In the latest issue of our magazine, you will find, lots of optimism, all the latest real estate news, ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
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 ...
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
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 ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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 ...
JLL has announced the sale and leaseback of two properties by a manufacturing company in a deal worth over PLN 1 bln.
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Axi Immo has presented its latest report “Warsaw Office Market – Q1 2025. The market opened in 2025 on a steady footing, with a notable increase in le ...
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 University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Mall Moldova has opened in Iași. The tenants include. Ikea, Peek & Cloppenburg and Leroy Merlin.
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 ...
Convenience store chain Żabka has officially opened a new logistics centre in Kąty Wrocławskie. The first stage of the development will serve 1,500 st ...