News
Investment & finance
Skanska wants to take over five star hotel in Warsaw
POLAND/EUROPE Skanska Central Europe Holding is about to take over SPS Investment, the majority stake owner of Warsaw’s Westin hotel.
Czarnecki takes over Hajdarowicz land plots in Kraków
POLAND Not Murapol but LC Corp, a company owned by the Polish millionaire Leszek Czarnecki, will buy a 6.4 ha Kraków land plot. The seller is the Jupiter fund, a part of the Gremi group that is owned by Grzegorz Hajdarowicz.
Construction
Underwater tunnel to link Crimea with Russia?
RUSSIA/UKRAINE Chinese investors have offered the Crimean authorities to build a 4 km long underwater tunnel on the bottom of the Kerch Strait. The tunnel would accommodate two-way railway tracks and a six-lane motorway.
Investment & finance
Czerwona Torebka sees improved sales in H1 2014
POLAND In the first half of 2014, Czerwona Torebka has managed to sell 54 units worth nearly PLN 31 mln. Their total leasable area reached 4,900 sqm, a three-fold y-o-y increase, the company informed
Bad-debt weakened Erste posts EUR 930 mln loss in H1
CEE REGION Austrian banking group Erste has seen a EUR 929.7 mln loss in the first half of 2014 driven by the writedowns and tax regulations across the CEE markets.
OTP Group acquires Romanian Millennium Bank for EUR 39 mln
ROMANIA Portuguese commercial bank Banco Comercial Português is selling its Romanian unit, Millennium Bank, to the Hungarian OTP Bank that operates across eight CEE markets.
Investment & finance
NEPI buys Piatra Neamț plot for mall
ROMANIA South African-owned investor in the Romanian property market NEPI have announced in an annual report that it has bought a 7.4 ha site in Piatra Neamț in the north-east of the country.
Warehouse vacancy grows in Kyiv area
UKRAINE At the end of Q2 2014 the primary vacancy level in the warehousing sector in the greater Kyiv area amounted to 10.1 pct, representing a 5.4 pct increase on to Q1, according to research by DTZ.
Developers shift interest to smaller cities
POLAND In H1 2014 over half of new retail space was completed in cities with less than 100,000 inhabitants, with another 22 pct in cities with populations of between 100,000 and 200,000, according to research by DTZ.
Japanese investors choose Etalon
RUSSIA EtalonPromstroy, Etalon Group’s industrial construction subsidiary, has been selected by Japanese investors Unipres Corporation as the general contractor for the design and construction of a 16,000 sqm automobile components factory.
Investment & finance
CEE office yields harden in H1 2014
CEE REGION The first half of the year has seen many European office rentals improving, along with the prime yields hardening in some of the CEE cities, including Bucharest (-50 bps), Budapest (-25 bps) and Prague (-25 bps), a study by Colliers International shows.
Retail & leisure
Klépierre builds multibillion retail empire
EUROPE Paris-listed pan-European shopping centre operator Klépierre is set to acquire the Netherlands-based retail group Corio for EUR 7.2 bln. The move comes as Klépierre, which owns assets worth EUR 14 bln, aims to strengthen its position on the market and become Europe’s “leading pure-play retail property company.”
Office & mixed-use development
Salamanca Group opens Infinity Tower in Sofia
BULGARIA London-based investor Salamanca Group has opened the 21,000 sqm Infinity Tower office building, a part of the Bulgaria Mall complex.
Warehouse & industrial
Toyota almost doubles-up in Prologis Park Prague-Jirny
CZECH REPUBLIC Toyota Tsusho Europe has leased more than 13,000 sqm of space in Prologis Park Prague-Jirny, increasing its space from the previously leased 7,500 sqm.
Metrostav takes on jumbo contract
CZECH REPUBLIC Metrostav has started work on adapting a section of Václav Havel International Airport in Prague for the use of giant Airbus A380 jumbo jets.
Investment & finance
Echo Investment in talks to sell two shopping malls
POLAND Warsaw-listed developer Echo Investment is negotiating a sale of two Polish shopping centres: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.
Hotels
Park Inn by Radisson opens in Pulkovo Airport
RUSSIA The Park Inn by Radisson Pulkovo Airport hotel in St Petersburg has been opened.
LC Waikiki expands in Ukraine
UKRAINE Turkish fashion retailer LC Waikiki has singed a 1,190 sqm lease for space in the Riviera shopping centre in Odessa.
Polish warehouse market keeps growing
POLAND The volume of newly delivered warehouse space in Poland in the first half of the year amounted to 326,000 sqm, compared to the 198,000 sqm delivered in H1 2013, according to an industrial market report by Colliers International.
Moscow warehouse supply triples
RUSSIA Around 630,000 sqm of new warehouse space was delivered in the first half of the year in the Moscow Region – almost three times more than in H1 2013, according to JLL.
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
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
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.
