CZECH REPUBLIC In June 2014, construction of residential units started in the Czech Republic in June 2014 jumped by 45 pct y-o-y to 2,434 dwellings, according to the Czech Statistical Office (ČSÚ).
HUNGARY Hungary’s central bank (MNB) has found an interesting way to support the country’s recovering real estate market. After what must have been extremely hard bargaining, it has bought a four-star rural residence worth EUR 2.9 mln for over EUR 1.3 mln to pamper its employees, reports the ‘Wall Street Journal.’
CEE REGION Estonian developer Arco Vara, which also actively operates in Latvia and Bulgaria, has posted below expectations H1 results as the Group’s operational revenues reached EUR 2.2 mln, a 57 pct drop y-o-y, and its development services income decreased by 80 pct.
Office & mixed-use development
POLAND Skanska Property Poland has started the construction of the second building of Silesia Business Park on ul. Chorzowska in Katowice.
RUSSIA The amount of vacant space in Moscow’s class ‘A’ offices at the end of H1 reached 25 pct, due to the strong level of new supply coupled by lower leasing activity, according to a research by Colliers International.
Warehouse & industrial
ROMANIA Guernsey-based real estate investment company Globalworth has acquired Timişoara Airport Park, a light industrial complex owned by Invest4SEE and located near the Traian Vuia International Airport northeast of Timişoara, for EUR 35 mln.
Office & mixed-use development
POLAND Garvest Real Estate is planning to start the construction of the P4 office complex in Warsaw’s Służewiec district this year, with the completion scheduled for the first quarter of 2016.
Retail & leisure
RUSSIA Over 5 mln sqm of new shopping centre space was under construction across Russia in H1 2014, according to research by CBRE.
Construction
POLAND RD Bud is to build facilities in Bronisze and Ruda Śląska for Petit Forestier, which specialises in the rental of refrigerated vehicles.
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has chosen a bid by a consortium of Budimex (95 pct) and Ferrovial Agroman (5 pct) in the tender to select the contractor of S7 expressway in Jędrzejów on the boundary of the Świętokrzyskie and Małopolskie provinces.
Office & mixed-use development
POLAND Griffin Group has obtained a final building permit for the reconstruction of Hala Koszyki in the centre of Warsaw.
Interior design
POLAND A refurbished Swarovski cut-crystal store has been opened in Dom Mody Klif in Warsaw.
POLAND Mostostal Warszawa has been awarded the contract for the construction of Centrum Nauk Stosowanych (CNS) [the Centre of Applied Sciences] in Chorzów.
POLAND In the first seven months of 2014, Inpro signed a net total of 243 preliminary contracts to sell apartments – 35 pct more than the same period last year.
Residential
POLAND Villa Juliette, the construction of which has started in Warsaw’s Bemowo district, is to be the first residential project of French group Spirit in Poland.
Retail & leisure
POLAND Clothing retailer KappAhl has decided to prolong its lease agreement in the Turzyn shopping centre in Szczecin for another seven years.
Residential
POLAND Dom Development has started the construction and the sale of a new stage, Subocz, of the Wilno estate in Warsaw’s Targówek district.
Warehouse & industrial
POLAND Panattoni Europe is to develop a new industrial park in Sosnowiec in Upper Silesia after buying a 4.2 ha investment plot from CTL Logistics.
RUSSIA With a 5.4 pct drop in the revenue per room (RevPAR) y-o-y, the performance of the Moscow hotel market for H1 2014 is down, but less than feared, according to the Moscow Hotel Market Update report by JLL.
RUSSIA LSR Group is planning a 990,000 sqm residential project in Moscow’s Solntsevo district. Construction is to start next year, with the completion scheduled for 2019.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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 ...
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
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 ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last y ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
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 ...
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.