News

Fifth year of growth in home sales in Prague

CZECH REPUBLIC A total of 4,531 homes were sold on the Prague market in the first eleven months of the year, according to Czech residential developer Ekospol.

Moravian relocations for Amazon after referendum rejection?

CZECH REPUBLIC The governor of Moravskoslezský region in northern Moravia is to offer Amazon a location for a distribution centre after the residents of Dobrovíz on the outskirts of Prague voted in a referendum to reject such a development in a referendum.

Low vacancy in Warsaw malls

POLAND In Q3 vacancy levels in Warsaw shopping centres remained low at 2.6 pct – the same rate as in the previous quarter, according to the latest EMEA Retail MarketView report by CBRE.

Residential

Epoque Pankrác finally goes ahead

CZECH REPUBLIC A final building permit has been issued for the Epoque Pankrác residential tower in Prague 4.

PIK pays off loan

RUSSIA Residential developer PIK Group has paid off a RUB 2.9 bln loan (app. EUR 645 mln) from VTB Bank.

Lokaty Budowlane buys ul. Chłodna plot

POLAND Lokaty Budowlane has signed a preliminary agreement to purchase a 956 sqm plot on ul. Chłodna in Warsaw, where a residential and service building with a ratio of total area to plot size of 3:1 and a height of 32m could be built.

P.R.I. Pol-Aqua exits WSE

POLAND Shares in Przedsiębiorstwo Robót Inżynieryjnych Pol-Aqua are no longer to be traded on the main market of the Warsaw Stock Exchange.

Investment & finance

LC Corp takes over Sky Tower

POLAND Developer LC Corp is to acquire the SPV company that owns the Sky Tower building in Wrocław from its parent company LC Corp BV for PLN 259 mln.

Unibep signs contract with SM Wola

POLAND Unibep has been appointed as the general contractor of the Wola Apartments residential building on ul. Powstańców in Pruszków.

Inpro sells 448 apartments

POLAND In the first eleven months of 2013 the Inpro group signed 448 sales contracts and handed over 419 apartments to buyers – an increase of over 50 pct on the previous year.

Skanska builds Krośnice swimming baths

POLAND The foundation stone has been laid by general contractor Skanska for an indoor swimming pool in Krośnice (within the Milicz administrative district).

Property and Facility Management

CBRE to manage Domaniewska 45

POLAND CBRE has been appointed to manage the Domaniewska 45 office building in Warsaw’s Mokotów business district.

Work begins on Palanga concert hall

LITHUANIA The foundation stone has been laid for a 4,500 sqm summer concert hall in Palanga.

Campus extension for MOME

HUNGARY The Moholy-Nagy University of Art and Design in Budapest (MOME) is to invest over EUR 35 mln in new buildings on its campus.

The Eurobuild Awards 2013: The Popular Choice Awards

At this year’s Eurobuild Awards at the Hilton Warsaw Hotel on December 5th two winners were decided by a public vote.

Eurobuild Awards 2013: the results! (CEE region)

At the Eurobuild Awards on December 5th, the jury selected the best performers in the real estate and construction sector across Central and Eastern Europe.

The Eurobuild Awards 2013: the results!

For the fourth time a jury composed of 200 professionals and experts from the real estate and construction sectors has honoured the most important projects and deals and the best performers on the Polish market.

Eurobuild Tenant Awards 2013: the tenants have spoken

The Eurobuild Awards are not only decided by the jury. The winners of five awards were chosen by tenants of the properties.

The Lifetime Achievement Award: Eugene Golub

With 50 years’ experience on the real estate market, Eugene Golub has been responsible for transactions with a combined value of over USD 7 bln.

A grand total of PLN 70,435 was raised on the night of the Eurobuild Awards 2013 for the foundation