News
Retail & leisure
Ninth Dekada centre opens
POLAND Dekada’s ninth retail facility has opened in Brodnica in the Kuyavian-Pomeranian Province).
Polimex sells another property
POLAND Polimex-Mostostal is continuing with its restructuring process through the sale of properties unrelated to the main operations of the company.
CTP to construct custom-built facility for German pipe maker
ROMANIA Dutch developer CTP has signed an agreement with the German pipe manufacturer Fränkische to provide an app. 3,400 sqm custom-built facility at the CTPark Turda industrial and warehousing park in Romania worth EUR 2 mln.
Residential
Metrostav wins biggest ever one-stage residential contract
CZECH REPUBLIC Central Group has chosen Metrostav to construct the Residence Garden Towers estate in what is claims is the largest tender for a residential project in the Czech history. The contract is worth more than CZK 2 bln (app. EUR 72 mln).
AMW sells 38 ha military plot in Ciechanów
POLAND Polish Military Property Agency (AMW) has put up for sale a 37.7 ha land plot in Ciechanów. Located on ul. Wojska Polska, app. 1.5 km from the city centre, the plot is packed with 84 military buildings.
Hotels
Zdrojowa Invest teams up with Carlson Rezidor
POLAND Carlson Rezidor Hotel Group has decided to open a five-star Radisson Blu Resort in Świnoujście as part of the Baltic Park Molo complex, developed by Zdrojowa Invest. This will be the first Radisson Blu Resort-branded hotel in Poland.
Investment & finance
Skanska wants to take over five star hotel in Warsaw
POLAND/EUROPE Skanska Central Europe Holding is about to take over SPS Investment, the majority stake owner of Warsaw’s Westin hotel.
Czarnecki takes over Hajdarowicz land plots in Kraków
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
Underwater tunnel to link Crimea with Russia?
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
Czerwona Torebka sees improved sales in H1 2014
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
Bad-debt weakened Erste posts EUR 930 mln loss in H1
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.
OTP Group acquires Romanian Millennium Bank for EUR 39 mln
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
NEPI buys Piatra Neamț plot for mall
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.
Warehouse vacancy grows in Kyiv area
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.
Developers shift interest to smaller cities
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.
Japanese investors choose Etalon
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 office yields harden in H1 2014
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
Klépierre builds multibillion retail empire
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
Salamanca Group opens Infinity Tower in Sofia
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
Toyota almost doubles-up in Prologis Park Prague-Jirny
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.
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
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
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
Investment on the return
A clear recovery can be seen in the investment market, according to the latest research by Savills. The transaction volume in Europe increased by 11 p ...
real estate investment booms
Strong Romanian volumes in H1
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
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
First new tenant for V Office building
The refurbishment of the V Tower office building in Warsaw is nearing completion with the first tenant to move into the building in the autumn. The St ...
Warsaw offices squeezed by fewer deliveries
Landlord’s market begins for Warsaw offices
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
7R Park Gdańsk IV extended
Work has been completed on the second stage of 7R Park Gdańsk IV in Barniewice, in the Tricity area. Dekpol Budownictwo was the general contractor.
