News
LafargeHolcim to sell off EUR 6.5 bln assets to CRH
CEE REGION Two merging cement and aggregates suppliers Holcim and Lafarg aim to sell EUR 6.5 bln assets, including plants and other facilities, to the Irish building materials company CRH. These will include Holcim's assets in Hungary, Serbia and Slovakia, as well as Lafarge's properties in Romania.
Warehouse developers pleased with 2014
CEE REGION Last year was a very good one for the two largest warehouse developers in the region. In 2014 Panattoni and Prologis built 650,000 sqm of warehouse space in total.
Hotels
Starwood keeps growing in CEE
CEE REGION In 2014, the US hotel giant Starwood, which operates such chains as Westin, Sheraton, Le Meridien, St. Regis, Aloft and W, has opened 74 new hotels worldwide which translated into app. 15,000 rooms in 26 countries. The company now aims to keep up with the pace of openings by adding, among others, new CEE locations to its portfolio.
Vacancy may top 2009 levels
RUSSIA In H1 2015 vacancy levels on the Moscow office market could reach 19–20 pct, that is, the peak levels of the 2008/2009 crisis, according to the latest CBRE report.
Investment & finance
CA Immo disposes of two office projects
HUNGARY/ BULGARIA CA Immo has sold two small office assets: the 8,000 sqm gla Europark office building in Sofia and the 6,400 sqm Buda Business Center office building in Budapest, for EUR 17 mln.
Green projects
A4 Business Park lands two BREEAMS
POLAND Two BREEAM certificates have been awarded to Echo Investment’s A4 Business Park in Katowice.
Office & mixed-use development
Hagibor Office Building goes bust
CZECH REPUBLIC The owners of the Hagibor Office Building in Prague-Strašnice have filed for insolvency.
Warehouse & industrial
Work begins on Poznań Airport Logistics Centre
POLAND Construction work has started on the first, 16,000 sqm warehousing building of Goodman’s Poznań Airport Logistics Centre.
Investment & finance
BPT Optima sells Young City site and Baltic assets
POLAND/BALTIC STATES BPT Optima, a fund managed by Northern Horizon Capital, has agreed to sell seven office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipėda, totalling app. 112,000 sqm of leasable space, as well as the large-scale Young City urban regeneration site on the Gdańsk waterfront, including the historic former shipyard.
Retail & leisure
Gemini Park Tychy in starting blocks
POLAND Gemini Holding is gearing up for the launch of the construction work on the Gemini Park Tychy shopping centre, while the commercialization of the 36,000 sqm gla project is now in progress.
Retail & leisure
New tenants in HopStop Zamość Sadowa
POLAND Four new companies signed lease agreements for retail space in the HopStop Zamość Sadowa retail park that is currently being developed in Zamość.
Piotr i Paweł expands in Kraków
POLAND Piotr i Paweł delicatessen chain has opened its second location in Kraków at the end of January.
Retail & leisure
Vacancy rate in Moscow malls almost triples
RUSSIA The average vacancy rate in Moscow shopping centres reached 7 pct at the end of the last year compared to 2.6 pct in 2013, CBRE reports.
Property and Facility Management
SB Property PM for most of REICO portfolio
CZECH REPUBLIC SB Property Services has been appointed as the property manager of the majority of the portfolio of Česká spořitelna’s real estate subsidiary Reico.
Office & mixed-use development
Westwing takes up 1,000 sqm in Spektrum
POLAND Home furnishings e-retailer Westwing Home & Living Polska has leased 1,000 sqm of office space in Spektrum Tower in Warsaw.
Retail & leisure
Step forward for Galeria Sudecka retail park
POLAND The environmental permit has been obtained for a Leroy Merlin DIY supermarket being developed as part of the first stage of the development of a retail park around Galeria Sudecka in Jelenia Góra.
Conflict dragging Moscow hotel market down
RUSSIA The current military and political conflict in the region has led to the deterioration of the Moscow hotel market and falling property values.
Ceva opens Gdynia facility
POLAND Supply chain management company Ceva Logistics has opened a new, 5,000 sqm multi-user warehouse next to the sea port of Gdynia.
Technology
DHL tests hands-free warehouse order-picking
NETHERLANDS Logistics giant DHL has carried out a pilot project testing smart glasses and augmented reality in a warehouse in the Netherlands. The trial showed that the augmented reality-enabled warehouse picking solution increased the efficiency of the picking process by 25 pct.
Kyiv office market to grow by 80,000 sqm this year
UKRAINE Eight business centres with a combined area of 79,195 sqm are to open opening in Kyiv in 2015 according to consultancy UTG.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Budimex wins foundational contract for CPK
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massi ...
Work progresses on Henryk Arctowski Antarctic Station
Poland heading for a two-tier market
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
Strabag snaps up Olivia Star
Strabag Group has purchased the Olivia Star office tower in Gdańsk. This is the largest office building in a regional city with 40,000 sqm gla and the ...
Not only for horses
Panattoni sticks to the fairway
Data centres
Data centres spread out across the region
The EMEA data centre market is entering a new phase where power availability, not demand, is defining growth, forcing a structural shift in how and wh ...
Poland to be the new data hub
Data centres to transform Polish economy
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
Punkt goes Platinum
The Punkt office building in Gdańsk has been awarded LEED v4 Platinum certification. This is the first Torus Group development certified under this ve ...
Outstanding for Prologis
Silesia City Center now Excellent
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
Three days of lakeside cycling: EQT on the Move
More than 70 representatives of the Polish logistics real estate market participated in the third edition of EQT on the Move: Ride the Lakes. The even ...
Let's play volleyball again
August 7th – mark the date
Exclusive
A statement deal – Tomasz Nowakowski of Lewandpol Group
A few weeks ago, Lewandpol Group hit the headlines with its EUR 107 mln acquisition of the 19,300 sqm Central Point office building in Warsaw city cen ...
Bringing people together
Laying the groundwork for success
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
Pbb refinances Radisson Blu Bucharest
Deutsche Pfandbriefbank (Pbb) has provided EUR 123 mln in investment financing to funds managed by Cerberus Capital Management and Revetas Capital for ...
Griffin and Primestar join forces
aHouse to build hotel in Grodzisk Mazowiecki
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
PKP to modernise two more stations
Polish State Railways (PKP) has announced tenders to prepare designs for the reconstruction of the Lubań Śląski and Kudowa-Zdrój railway stations.
Port of Poland moves closer with location decisions
Budimex builds in Slovakia
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Poles turning online for mortgages
Poles are taking out mortgages online while the memory of Swiss Franc loans is fading with each generation. This is the result of a new study by Busin ...
Spain now most attractive European economy
Skanska sells Studio A to Stena
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
CA Immo to build from wood
CA Immo has begun leasing the space for its Skygreen at Hallesche Ufer 74–76 in Berlin. A modern, sustainable 18,400 sqm six-storey office building u ...
Offices above the warehouse
Improved Water pressure in City Tower
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Warszawa Wschodnia station to be modernised
Polish Railway Lines (PKP) has signed a contract with general contractor Torpol for the modernisation of Warszawa Wschodnia station (Warsaw East), wor ...
Gronów Elbląski station to be renovated
A new look for central Warsaw
Residential
Cavare commercialises Jankego apartments
Cavare is taking on the role of an independent PRS property operator. The company has opened a leasing office in Katowice at ul. Jankego 15, and has b ...
Alides announces project in Żoliborz
Olivia Pulse to start rentals in Gdańsk
Retail & leisure
Scallier builds in Bolesławiec
Scallier is building a modern retail park on al. Tysiąclecia in Bolesławiec.
M Park opens in Nasielsk
Czech Republic attracts retail brands
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Unilever expands in Poznań
An automated 36m high-bay warehouse is being built next to the Unilever factory in Poznań.
