Investment & finance
CEE REGION In H1 2014, Vienna-headquartered developer Warimpex has seen a EUR 10.8 mln loss y-o-y with a 7 pct y-o-y decrease in total revenues. The latter broke down into a 9 pct y-o-y drop in the company's hotels revenues dropping, a 33 pct y-o-y slide in the development & services revenues and a 19 pct y-o-y surge in the investment properties revenues.
Investment & finance
POLAND Construction and development company P.A. Nova’s sales revenue increased by app. PLN 12 mln, from PLN 67 mln after the first six months in 2013 to almost PLN 79 mln in the January–June 2014 period.
CEE REGION Orco Property Group registered as loss of EUR 63 mln for the first half of the year, which the company attributes mostly to the loss of revenue and impairments due to the disposal of shares in its German residential subsidiary GSG Group and the site for its proposed Bubny retail development in Prague.
POLAND Echo Investment closed the first half of the year with a net profit of PLN 424.8 mln, which constitutes a growth of almost 40 pct on the same period in 2013.
Construction
POLAND Capital Park has obtained the final building permit for the Art Norblin project on ul. Żelazna in Warsaw. The work is to start in Q1 2015.
Investment & finance
POLAND In the first half of the financial year Mirbud group generated revenue of PLN 501.3 mln, representing an almost twofold growth on the PLN 267.5 mln registered in H1 2013.
POLAND The construction of the Nowy Rynek shopping centre in Jelenia Góra has now moved up to ground level.
Residential
POLAND An occupancy permit has been issued for the six-storey Dyrekcyjna 33 building in Wrocław, a project by Cieszyn-based developer Atal.
Interior design
POLAND A bathroom designed by Polish interior designer Ewelina Niska has gone through to the finals of the prestigious SBID International Design Awards competition, which is organised by a British interior design association.
POLAND The profit generated by Grupa Orbis in the first half of the year amounted to PLN 22 mln – an almost 20 pct increase on H1 2013.
Warehouse & industrial
POLAND Kolporter has prolonged its lease of almost 4,000 sqm in Śląskie Centrum Logistyczne in Sosnowiec.
EUROPE/ CEE REGION In H1 2014, connectivity hubs in Europe have sold a total of 38MW of customer IT power, a 68 pct y-o-y increase. Currently dominated by London, Frankfurt and Amsterdam facilities, the European data centre industry is starting to blossom in the CEE region where more and more facilities of this kind is being developed, says CBRE in its latest report.
RUSSIA Goldman Sachs International has bought another 6 pct of O1 Properties’ shares, thus increasing its stake in the Russian developer to 12 pct.
Office & mixed-use development
POLAND BBI Development has received the final building permit for the Centrum Marszałkowska mixed-use project in the centre of Warsaw.
Retail & leisure
CEE REGION In H1 2014, struggling shopping-centre developer Plaza Centers has seen its profit decreasing to EUR 12.6 mln, an 11 pct y-o-y slip and its total assets shrinking by EUR 67 mln over just six months, to EUR 519 mln, as the company continues to implement its debt restructuring plan.
ROMANIA Cyprus-based development and investment company Secure Property Development & Investment has taken over EOS Business Park, a Bucharest office building fully leased out by Danone Romania, for EUR 5.85 mln.
EUROPE/ CEE REGION In Q2 2014, European prime office rents have increased by 0.4 pct, slightly lower than at the beginning of the year when they hit 1.1 pct. Meanwhile, leasing volumes in Europe reached 2.8 mln sqm, a 19 pct quarter-over-quarter increase and an 11 pct year-over-year surge, according to the latest study by JLL.
CZECH REPUBLIC Orco Property Group has announced a date for the delisting of all its 114,507,629 ordinary shares from the Prague Stock Exchange: September 22nd.
Investment & finance
POLAND The Legnica-based developer Rank Progress has finalised the sales of Galeria Piła to Austrian property investor Immofinanz. The transaction was worth almost PLN 57.7 mln net.
Investment & finance
POLAND Automotive company and developer Marvipol generated a net profit of over PLN 29 mln in H1 – three times more than the figure for the same period in 2013 and the best semi-annual result in the group’s history.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The April-May edition of Eurobuild CEE has now hit the shelves! It features interviews with Monika Woźniak-Zawioła and Daniel Tudor as they bring The ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
Monting Development, a company set up by Danilo Djurović and Poland’s most famous footballer Robert Lewandowski, has hit the headlines recently (as we ...
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 ...
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
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 ...
Polish consultancy JWA, which specialises in sustainable construction and real estate certification in Central and Eastern Europe, is opening its firs ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Leasing transactions for modern office space in Bucharest increased by 14 pct in the first quarter of 2026 compared to the same period last year, whil ...
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 ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Matexi Polska has completed the Żelazna 54 development in Warsaw's Wola district, and the project has now been granted an occupancy permit.
Rituals Cosmetics has opened a 180 sqm store in the Gemini Park Tychy shopping centre.
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
The Tri-City warehouse and industrial market is entering a new phase of development, combining stable demand with the growing importance of the manufa ...
