News
Redan secures investor for Textilmarket
POLAND Clothing group Redan has signed an investment contract to sell a minority stake in Adesso – the owner of the Textilmarket chain of discount stores.
GDDKiA announces S7 tenders
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has announced tenders for the construction of two sections of S7 expressway between Koszwały and Nowy Dwór and between Nowy Dwór Gdański and Kazimierzów near Elbląg.
Construction
Work progresses on Bydgoszcz station
POLAND After three months of work, Budimex and Lech have laid the foundation stone for the new railway station in Bydgoszcz.
Technology
Marriott and MIT work on guest-connecting LinkedIn-powered solution
WORLD Hotel giant Marriott has joined forces with the researchers of the Massachusetts Institute of Technology to develop Six Degrees, an app-based social and business networking system that allows hotel guests to find and meet their future business partners as well as old work and university mates staying at the Marriott hotels.
Investment & finance
Asbud takes over Karolkowa Business Park
POLAND Israeli development group Asbud has become the sole owner of Karolkowa Business Park in Warsaw’s Wola district.
Residential
PHN partners up with mLocum for Port Rybacki
POLAND Polish state-owned investor PHN acting through its subsidiary Dalmor has reached an agreement with developer mLocum regarding the construction of the Port Rybacki residential project in Gdynia.
Romanian construction permits on decline
ROMANIA In July, the number of construction permits granted for residential buildings in Romania dropped by 7.5 pct y-o-y, and 0.4 pct month-over-month, says the country’s National Institute of Statistics.
Warehouse & industrial
Viktória Park Logistics Centre with new tenant
HUNGARY Zagreb-headquartered logistics and distribution company Orbico has leased out 6,000 sqm of industrial space in Viktória Park Logistics Centre located just outside of Budapest.
Investment & finance
Israeli developer sees increased rental income in Russia, profit dips
RUSSIA AFI Development, a Russian subsidiary of the Israeli-based Africa Israel Investments development and construction holding, has seen a 9 pct y-o-y increase in rental and hotel operating income in the first half of the year, to US 74.8 mln (EUR 56.9 mln). However, the company’s revenues plunged to US 76.2 mln (EUR 58 mln), compared to US 123.9 mln (EUR 94.3 mln) in H1 2013.
Global City Holdings profits up to EUR 13.9 mln
POLAND The net profit of Global City Holdings (formerly Cinema City International) for the first half of the year increased to EUR 13.9 mln from EUR 8.1 mln in H1 2013.
Retail & leisure
Echo buys plot for Galeria Sudecka extension
POLAND Echo Investment has won a tender for the purchase of investment land next to its Galeria Sudecka shopping centre project in Jelenia Góra.
Investment & finance
Warimpex hotels hit by Russian-Ukrainian crisis
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
Revenue boost for P.A. Nova
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.
Orco value plummets after disposals
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.
Echo profits grow by 40 pct
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
Permit for Art Norblin
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
Mirbud increases revenue and issues bonds
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.
Nowy Rynek Jelenia Góra project moves to next stage
POLAND The construction of the Nowy Rynek shopping centre in Jelenia Góra has now moved up to ground level.
Residential
Atal finishes Dyrekcyjna 33
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
Polish bathroom recognised by SBID
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.
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
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
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 acquisition – 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
First acquisition for Pearl
Revetas Capital has acquired a building at Reschgasse 20 in Vienna's Meidling district. This is the first transaction completed for Pearl, a new inves ...
Atal completes Budner takeover
EUR 72 mln refinancing deal for Newgate
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
Alides announces project in Żoliborz
Belgian real estate investor and developer Alides, is planning a new project in Warsaw's Żoliborz district. The planned development will comprise arou ...
Olivia Pulse to start rentals in Gdańsk
An end to housing subsidies
Retail & leisure
M Park opens in Nasielsk
LCP Poland, part of M Core, has opened M Park Nasielsk about 50 km north of Warsaw, in what is the company’s fourth M Park opening since the beginning ...
Czech Republic attracts retail brands
Karuzela Lubliniec grows
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.
