News
Hotel occupancy in Moscow drops by 4 pct
RUSSIA According to the latest report by JLL, in 2014, the quality hotel market in Moscow has seen a 4-pct drop in occupancy rates (down to 59 pct) and a 1-pct drop in the ADR (now at the level of RUB 6,000). This fall can be attributed to the political turmoil in Ukraine and sanctions put on Russia as a result, the analysts write in the “Moscow Hotel Market” report.
European investment on the rise in Q2
CEE REGION In Q2 2014, the volume of commercial real estate investment across the Central European markets (Poland, the Czech Republic, Slovakia, Hungary and Romania) amounted to EUR 1.14 bln, which represented a 75 pct increase y-o-y, a new report by Cushman & Wakefield shows.
Office & mixed-use development
Getin finds home for its Romanian bank
ROMANIA Romanian International Bank, a subsidiary of the Polish financial group Getin Holding, has found a place for its new headquarters. The company will lease 3,500 sqm of office space at Hermes Business Campus in Bucharest.
Architecture and urban planning
Aedas splits business in two
UNITED KINGDOM International architecture and design company Aedas has reorganized its structure. The company’s regional offices in Russia, Poland and Kazakhstan, as well as eight British bureaus will now be operating under different brand, AHR.
Office & mixed-use development
Citi enlarges its Słuzewiec office
POLAND Citi Service Center Poland has signed a 7,900 sqm lease contract for some extra office space in the T-Mobile Office Park complex, located in a white-collar district of Warsaw, Służewiec Przemysłowy.
Warehouse & industrial
LCP attracts another tenant for Bydgoszcz warehouse
POLAND PHUP Gniezno, the distributor of grocery products, will now have its warehouse at the Logistic & Business Park (LCP) in Bydgoszcz. The company has leased an area of 4,450 sqm from LCP’s owner, London & Cambridge Properties.
Investment & finance
BGK to provide majority of funding for Bałtyk
POLAND Bałtyk, an office and retail building in Poznań, will be mainly funded by the Polish Investments Programme, coordinated by Bank Gospodarstwa Krajowego (BGK). A portion of the funding will also come from a European initiative supporting urban development, Jessica.
Residential
Dom Development breaks ground in Warsaw
POLAND Dom Development has launched the construction of its Warsaw residential project, Willa Lindego. The facility will be located at ul. Wrzeciono 2 in Bielany, Warsaw.
Retail & leisure
Auchan expands its real estate portfolio in Romania
ROMANIA Auchan, the French grocery retailer, has acquired a portfolio of twelve retail properties where the company has been running some of its Romanian supermarkets.
Carrefour to spend next ten years in Galeria Gniezno
POLAND French grocer Carrefour has extended its 4,450-sqm lease contract with Galeria Gniezno for the next ten years. The nine-year-old Galeria Gniezno building, which belongs to the investment fund Standard Life Investments, offers 17,000 sqm of retail space.
Retail & leisure
Four new tenants in Gliwice shopping mall
POLAND Arrangements works are now taking place in the four new stores that will soon open in Europa Centralna, a shopping mall in Gliwice. The stores, including Fabryka Dywanów Welton, will jointly take up over 890 sqm.
Residential
Acciona Nieruchomości to invest in Wilanów
POLAND Acciona Nieruchomości has announced a new project in Warsaw’s Miasteczko Wilanów. The Moja Atmosfera complex will consist of a residential part facing al. Rzeczypospolitej and a building on ul. Klimczaka destined for service providers.
Investment & finance
Okam eyes large land plot in Praga
POLAND The Polish-Israeli developer Okam is interested in purchasing a 4.3-h plot of land in Warsaw district of Praga. Located on ul. Szwedzka, the parcel has formerly housed Pollena Uroda’s manufacturing facilities. It could now accommodate nearly 1,000 apartments and some office space.
Retail & leisure
JHM Development invests in retail space
POLAND A Mirbud-owned company, JHN Development, will develop a 3,000-sqm retail facility in the city of Rumia. Mirbud, the project’s general contractor, has already broken ground at the construction site.
Construction
Totalbud to erect residential estate in Mokotów
POLAND Totalbud will be general contractor for a new residential building on ul. Pory in Warsaw, developed by a social housing association, Warszawa Południe. The value of the contract, signed after the so-called “design and construct” bidding procedure, amounts to app. PLN 9.7 mln.
Investment & finance
Blackstone acquires CEE logistics portfolio
CEE REGION The US real estate giant Blackstone has acquired six logistics and distribution parks, located across Poland and the Czech Republic, from Pramerica Real Estate Investors. Meanwhile, Blackstone's logistics platform, Logicor, has bought a portfolio of European logistics facilities, including a Hungarian warehouse.
Construction
Budmont enters Wikana site in Lublin
POLAND Budmont Sebastian Lipiec, a general contractor, is entering the construction site of Osiedle Marina in Lublin. Work on the residential project has been commissioned by its developer, Wikana.
CBRE Hungary with new department
HUNGARY The Hungarian office of CBRE has launched a new business line, Asset Services.
Point leases space in Newton Plaza
RUSSIA Moscow-based software distributor Point has leased 730 sqm at the Newton Plaza business centre on Nagatinskiy St. in Moscow.
Hotels
Best Western to open at Kraków airport
POLAND Real estate developer Doctor Q Bud will build a new, Best Western-branded hotel at Kraków-Balice airport. The project is now undergoing the final phase of designing and planning. Best Western Balice Airport Kraków is scheduled to open in the first half of 2016.
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
Tunnel boring soon to begin
Work is progressing on the High-Speed Rail (KDP) tunnel in Łódź, part of the Port Polska project. At the launch chamber in Retkinia, the concrete supp ...
Budimex begins earthworks on Poland's first nuclear power plant
Budimex wins foundational contract for CPK
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
Poland to benefit from data centre realignment
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
Data centres spread out across the region
Poland to be the new data hub
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
The Grand Pardubice now Excellent
The Grand department store in Pardubice has achieved an Excellent rating under the internationally recognised BREEAM In-Use sustainability certificati ...
Outstanding in VGP Park Split
Galeria Jurajska recertified
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
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
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
Mercure opens in Oradea
Accor has announced the opening of the Mercure Oradea. The new 90-room hotel is the hospitality group’s 26th location in the country. It is managed by ...
Saltic Zieleniec hotel under construction by Mirbud
Marvipol launches Unique Hotel Kołobrzeg
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
New railway station planned for Łapy
Polish State Railways (PKP) has launched a tender to appoint a contractor to build a new railway station in Łapy, with bids due by 28 August. Construc ...
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Hydrobudowa Gdańsk to modernise Władysławowo quay for BC-Wind
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Van der Vorm launches real estate bridge financing business
Dutch real estate group Van der Vorm is expanding into a new business line in Poland focused on asset-backed real estate financing. The group's first ...
NEPI Rockcastle expands beyond CEE
EBRD lends NEPI Rockcastle EUR 250 mln
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
Spot rises above the ground
Construction work om Moderna Holding’s Spot development in Sopot has now reached ground level, marking the completion of the main underground works. T ...
Penta to lead redevelopment of Prague's Bubny district
Warsaw now a landlord’s market
Property and Facility Management
Savills takes on TFI PZU retail portfolio
Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.
JLL takes on Equal Business Park
Savills takes on two Warsaw buildings
Public buildings
Budimex wins PLN 86 mln Białystok hospital contract
Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Childre ...
Szczecin castle reconstruction completed
Dewin–Biberstein–Promnitz Castle to be restored
Residential
Liberty Tower sells PLN 250 mln in six months
Since sales began in February 2026, 122 contracts have been concluded in the Liberty Tower residential building in Warsaw, which is owned by Cavatina. ...
Still too few student beds
Mercator ready to begin flagship Kraków project
Retail & leisure
Work begins on Park Kaszuby
Finarto Investments has appointed Allcon as the general contractor for Park Kaszuby, a new retail park in Wejherowo. The construction site is due to b ...
Retail stock breaches 14 mln sqm
Retail market revives
Technology
Singu takes over QRmaint
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Łukasiewicz Research Network opens technology laboratory
Skanska installs NHIB in Studio A
Warehouse & industrial
MDC2 Park Ruda Śląska on its way
MDC2 has launched its latest project – MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and lo ...
