News
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.
Orbis sees growth in profits
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
Kolporter stays in Śląskie Centrum Logistyczne
POLAND Kolporter has prolonged its lease of almost 4,000 sqm in Śląskie Centrum Logistyczne in Sosnowiec.
Market interest in CEE data centres continues to surge
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.
Goldman Sachs doubles its stake in O1 Properties
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
Centrum Marszałkowska given go-ahead
POLAND BBI Development has received the final building permit for the Centrum Marszałkowska mixed-use project in the centre of Warsaw.
Retail & leisure
Plaza Centers keeps losing money but not visitors
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.
Danone Bucharest headquarters changes hands
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.
Warsaw and Budapest drive CEE office performance
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.
Orco to delist from Prague next month
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
Rank Progress sells Galeria Piła to Austrians
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
Jaguar sales push up Marvipol profits
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.
Retail & leisure
Second Multibox opens in Ostrów Wielkopolski
POLAND The second Multibox retail park in Ostrów Wielkopolski has now opened.
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
Construction begins on EUR 400 mln Munich Arena project
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than ...
Strabag to Build 170-Metre Roma Tower in Warsaw
PORR wins PLN 539 mln contract for US air force base in Wrocław
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
Warsaw and Kraków strengthen their AI credentials
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
EMEA data centre capacity exceeds 12.1 GW as energy constraints slow growth
Power, Power, Power
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
NEPI Rockcastle expands solar capacity
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
Nowe Bielawy retail parks renew BREEAM Excellent ratings
Greenfield Băneasa Earns BREEAM Excellent Certification
Eurobuild Awards
Candidate and jury registration are still open for the Eurobuild Awards!
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
New venue and date for the Eurobuild Awards Gala!
All the winners of the EurobuildCEE Awards 2025!!
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
Franck Delage of S&P is the keynote speaker at Eurobuild Annual Conference!
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital marke ...
The 32nd Annual Polish Commercial Real Estate Conference is now on the horizon!
Statement by the CEO of Eurobuildcee sp. z o.o.
Events
Join us on Nov 19th at the Eurobuild Annual Conference!
The 32nd Polish Real Estate Market Conference organised by Eurobuild Conferences is just around the corner! This year it takes place in the august sur ...
Warsaw Spire commemorates Polish soldiers’ capture of Predappio
Panattoni celebrates 40 years of the company’s history
Exclusive
Uniqa opens up
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
Leading the renaissance of local investors
The man from NASA
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 Gdynia Centrum earns four-star rating
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
Wave Hotels launches in Poland
Green House Development launches pre-sales for final phase of Wave Świnoujście
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
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
Falcon secures EUR 52.1 mln from mBank to refinance seven OTO Parks
Falcon Investment Management has secured EUR 52.1 mln in financing from mBank to refinance seven of its 11 retail parks operating under the OTO Park b ...
GARBE Industrial sells fully leased logistics property near Regensburg
Poland remains a leading investment destination in Europe
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
Prime office rents in Bucharest Rise 9.5 pct y-o-y
Prime headline office rents in Bucharest reached EUR 23 per sqm per month in Q3 2026, rising 9.5 pct year-on-year, according to the Bucharest Office M ...
PIB Group consolidates Warsaw offices in WTT
Towarowa22 to Revitalise Historic Warsaw Pavilion
Property and Facility Management
CBRE takes over 11 Dekada retail properties
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
ISS takes over technical management of Axis in Kraków
Savills takes on TFI PZU retail portfolio
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
PSN to restore historic Prague building
PSN is preparing to redevelop a historic residential building on Strossmayerovo Square in Prague. The Rezidence Strossmayer project will comprise 21 a ...
Bucharest home sales to rise 23 pct in Q4
Agrobex completes second stage of Nove Garby
Retail & leisure
Redkom Development to open 24,000 sqm Świderek retail park in December
Park Handlowy Świderek, a nearly 24,000 sqm retail park developed by Redkom Development in Otwock, is scheduled to open on 3 December 2026. The develo ...
Retail parks drive Poland’s retail market growth
ShockPrice opens first store in Łódź region in Focus Mall
Technology
CBRE moves into defence
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Drone Deliveries could reach shoppers in 15 minutes
Skanska implements digital access control system at Studio A
Warehouse & industrial
Polish Warehouse demand hits record high
Poland's warehouse market recorded its strongest-ever demand for the first nine months of a year in 2026, with gross take-up reaching 5.3 mln sqm, up ...
