News
Office & mixed-use development
Kellogg’s comes to Floreasca Park
ROMANIA US cereals manufacturer Kellogg’s has signed a 2,500 sqm lease for office space in Floreasca Park in Bucharest, according to local media.
EFH faces repudiation of PKO BP loan
POLAND Hotel operator Europejski Fundusz Hipoteczny (EFH) will have to repay its PKO BP loan. The bank has just repudiated its investment loan contract with the EFH's subsidiary, Masuria Hotel. The loan was supposed to finance the repayment of liabilities and extension of a hotel facility in Worliny.
Echo issues another tranche of bonds
POLAND Warsaw-listed developer Echo Investment has issued another tranche of its public bonds. Series B includes 250,000 two-year bonds priced at PLN 100 (EUR 24) each.
Investment & finance
Unibep continues to support Layetana
POLAND Another stage of construction work on the Mozaika Mokotów residential devlopment, located on ul. Cybernetyki in Warsaw, will be carried out by Unibep, the companies announced.
Warehouse & industrial
Another logistics tenant in Prologis Park Wrocław
POLAND Polish logistics operator Pst Ots Sped has leased 3,750 sqm of warehouse and office space in Prologis Park Wroclaw in Bielany Wrocławskie.
Investment & finance
Echo buys Warsaw Brewery for EUR 42 mln
POLAND Kielce-based developer Echo Investment has acquired a plot of almost 4.4 ha in the centre of Warsaw. Situated between ul. Grzybowska, ul. Wronia, ul. Chłodna and ul. Krochmalna, the historic area that once accommodated Warsaw Brewery will now be adapted for a multi-million office and residential investment. The value of the transaction is EUR 42 mln.
Riverview plot in Kraków has new owner
POLAND Real estate agency Leach & Lang has sold off a 1.5 ha land plot located on ul Bajeczna in Kraków.
Warsaw obtains EUR 240 mln loan to boost infrastructure
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
Moscow mall selects manager
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.
MOL shared services center opens in Alchemia
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.
Hotel occupancy in Moscow drops by 4 pct
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.
European investment on the rise in Q2
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
Getin finds home for its Romanian bank
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
Aedas splits business in two
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
Citi enlarges its Słuzewiec office
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
LCP attracts another tenant for Bydgoszcz warehouse
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
BGK to provide majority of funding for Bałtyk
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
Dom Development breaks ground in Warsaw
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
Auchan expands its real estate portfolio in Romania
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.
Carrefour to spend next ten years in Galeria Gniezno
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.
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.
