News
AFI completes EUR 32 mln financing for Bucharest project
ROMANIA AFI Europe has finalised a EUR 32 mln loan it was given by Erste Group-owned Banca Comerciala Romana (BCR) to develop its two Bucharest office buildings, AFI Park 2 and AFI Park 3.
Retail & leisure
Warsaw sees retail calm before the storm
POLAND Although in H1 2014 the Warsaw commercial property market provided the largest retail space supply across Poland, with 1.1 mln sqm of shopping centre stock, the market was also determined by one of the lowest shopping centre density rates, 438 sqm per 1,000 residents. This, coupled with such factors as the highest spending power and a constant inflow of new residents, has created a window of opportunity for new retail projects of different size and format, says JLL in its report.
New Czech retail supply drying up, JLL
CZECH REPUBLIC This year a total of around 125,000 sqm of retail space is expected to be built in the Czech Republic – a 35 pct decrease on last year’s volume, according to research by JLL.
Alpha Bank buys MLP Bucharest Sud for EUR 14.2 mln
ROMANIA AGI-RRE Hera, a subsidiary of Greek bank Alpha Bank, has paid EUR 14.2 mln to buy the MLP Bucharest Sud logistics park in southern Bucharest.
Office & mixed-use development
Corso Court cornerstone laid
CZECH REPUBLIC Skanska Property has laid the cornerstone for its Corso Court office project in Prague’s Karlín business district.
Office & mixed-use development
Skanska signs record CEE tenant for Wrocław offices
POLAND IT giant HP has leased app. 16,400 sqm of space in Dominikański, a Skanska office development in Wrocław, where it will move at the end of 2015 or in early 2016 to merge two of its three Wrocław-based Global Business Center offices.
Office & mixed-use development
Turkish Embassy buys Rakowiecka City
POLAND Polski Holding Nieruchomości (PHN) has sold Rakowiecka City, its modernist four-storey 1,820 sqm tenement house located at ul. Rakowiecka 19 in Warsaw, to the Embassy of the Republic of Turkey.
Retail & leisure
To-be-extended Fashion City opens in Rzgów
POLAND A retail, production and exhibition centre, Miasto Mody (Fashion City), has just opened in Rzgów.
Retail & leisure
Grona Park enters new phase
POLAND The Grona Park retail park which is under construction in Zielona Góra has reached its shell stage. The park's developer, Vantage Development, emphasizes that work progresses in accordance with the schedule.
Office & mixed-use development
Pod Różami estate underway
POLAND Ground has been broken for Dom Development’s Pod Różami residential estate on ul. Włodarzewska in Warsaw’s Ochota district.
Stokrotka to blossom in Galeria Jastrzębie
POLAND This week, a Stokrotka delicatessen is going to open in Galeria Jastrzębie in Jastrzębie-Zdrój. The retailer will take up 1,000 sqm of space previously leased by another grocer, Delima.
Cushman & Wakefield in the green
WORLD In H1 2014, Cushman & Wakefield’s gross revenue increased to nearly USD 1.28 bln, a 23.7 pct y-o-y increase. The company’s commission and service fee revenue increased USD 174.2 mln, a 24.2 pct increase, to a record USD 895.2 mln, compared to USD 721 mln in H1 2013.
Echo Investment to issue another tranche of bonds
POLAND Warsaw-based developer Echo Investment has decided to issue another tranche of bonds addressed to individual investors. Series ‘C’ will include 750,000 of 3.5-year bonds worth PLN 100 each, the company informed.
Retail & leisure
NEPI shopping mall opens in Bucharest
ROMANIA South Africa-based developer New Europe Property Investments (NEPI) has opened its 25,000 sqm Bucharest shopping mall, Vulcan Value Centre.
PHN to construct build-to-suit retail project in Łódź
POLAND Polski Holding Nieruchomości (PHN) is set to start the construction work on a 1,100 sqm retail building in Łodź’s Retkinia district in late 2014 or early 2015, the company informed.
Warehouse & industrial
Prologis signs leases in Wrocław
POLAND Prologis has signed four leases in the Small Business Unit Building (SBU), which offers small warehouse modules in Prologis Park Wrocław III.
UPS to invest USD 25 mln in Poland
POLAND UPS has plans to invest USD 25 mln in two projects in the Łódź area: one in the town of Stryków, app. 20 km northeast of Łódź, and the other in the city itself.
Retail & leisure
Galeria Pomorska completes second phase
POLAND Resolution Property has completed a four-storey car park with 900 spaces in Galeria Pomorska in Bydgoszcz, which marks the completion of the second phase of the mall’s enlargement.
Investment & finance
Offices draw largest investment across Baltics
CEE REGION In H1 2014, the Baltic countries have seen office sector dominating their real estate investment volumes, while their total value reached EUR 385 mln, a 18.4 pct y-o-y drop, says Colliers.
Warehouse & industrial
Czech e-retailer leases 12,000 sqm in Prologis park
CZECH REPUBLIC Czech online electronics retailer Alza.cz has leased 12,600 sqm of warehousing space in Prologis Park Prague Úžice.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
GTC teams up with Paul
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
Well comes to Panattoni
LightOn with Outstanding design
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Romanian hotel market continues to recover
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 ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Strong start to 2025
The first half of 2025 brought a surge of activity to Poland’s commercial real estate market, with a total investment volume of around EUR 1.7 bln acr ...
European RE investment rebounds
Czech real estate investment booms
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Atlas Estates secures major loan from Bank Pekao
Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsa ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Construction of U•Center 3 begins
Forte Partners has begun construction work on the office component of U Center 3, following the receipt of the building permit at the end of June 2025 ...
First new tenant for V Office building
Warsaw offices squeezed by fewer deliveries
Property and Facility Management
Savills to manage for Yareal
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
Studio B under new management
Cushman feels the Vibe
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Zeitraum – Racławicka to open for next semester
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios Gdansk Old Town unveiled
Heimstaden starts apartment sales
Retail & leisure
Scallier to take on five more retail parks
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
Andersa retail park to open in 2026
Redkom to open Białystok retail park
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
Nemera expands in Western Pomerania
Nemera, a supplier of drug delivery devices, has opened a second manufacturing plant in Szczecin, with an area of 9,000 sqm, doubling its production s ...
