POLAND Construction group Mostostal Zabrze suffered a net loss in 2012 of more than PLN 11.5 mln, after generating a profit of PLN 27.9 mln a year earlier, according to a report drawn up by the company. Its sales revenue reached PLN 661 mln, compared to PLN 732.7 mln a year earlier.
POLAND Irish developer Caelum Development has set up Caelum Real Estate Asset Management (CREAM).
POLAND The supply of office space in Warsaw increased by 270,000 sqm in 2012 and currently amounts to nearly 2.9 mln sqm, according to a report by DTZ. Another 650,000 sqm is under construction, which “will translate into a high level of supply in the next two years,” claim the authors of the report.
ROMANIA Swan Property, the developer of the Swan Office & Technology Park in Bucharest, has been declared insolvent.
POLAND Building material producer Saint-Gobain Group has leased app. 2,400 sqm of office space in the Iris building in Warsaw.
CZECH REPUBLIC Karlín Group has sold the Corso IIB office project in Prague to Skanska Property Czech Republic, according to local media reports.
POLAND Echo Investment has reported its results for 2012. Its operating revenue amounted to PLN 583.6 mln, up on the PLN 406.9 mln it made in 2011.
POLAND Footwear chain Prima Moda has published its results for Q4 2012. Over the period the company restructured its sales division, closing down two stores.
POLAND Sfinks Polska has reported its results for 2012. Net revenue for the restaurant chain came to PLN 170.9 mln, while registering an operating loss of PLN 2.6 mln (compared to a loss of PLN 9.9 mln in 2011).
POLAND Two brands of the Inditex group are to open stores in the Nowy Rynek shopping centre in Jelenia Góra. Stradivarius will occupy 400 sqm and Bershka will take up 600 sqm
POLAND Takko Fashion has leased stores in two Auchan shopping centres in Silesia. The stores are to be opened in Katowice and Gliwice and will occupy 449 sqm and 378 sqm respectively.
POLAND Construction work on the My Box retail park in Oława has begun. Skanska is the general contractor of the 2,000 sqm facility, which is being built on ul. Ks. Kutrowskiego.
POLAND A number of new stores are to open in the Galeria Solna shopping centre in Inowrocław, including Esotiq, Lavard, Orange, Plus, Kolporter, Kornecki and furniture stores Antrax and Lawabo Meble.
HUNGARY Office supply in Budapest was the lowest ever in 2012, according to figures released by DTZ. The total stock increased by 22,950 sqm to reach nearly 3.2 mln sqm.
ROMANIA The AFI Park 1 office building in Bucharest is now 85 pct leased. IT company Endava, one of the anchor tenants of the building, has decided to expand its existing 2,400 sqm of office space by a further 600 sqm.
SLOVAKIA Park Snow Veľká Lomnica, a subsidiary of Cyprus-registered Park Snow Limited, is planning to build an amusement park in Veľká Lomnica in the High Tatras, according to local media.
POLAND Warimpex has issued bonds in Poland to the value of PLN 63.1 mln (app. EUR 15.1 mln), with each bond worth PLN 1,000 (app. EUR 250).
RUSSIA InterContinental Hotels Group (IHG) has signed a franchise multiple development agreement (MDA) with Regional Hotel Chain, a portfolio company of VIY Management (VIYM), to develop 15 new hotels in Russia by 2019.
POLAND Development company Dom Development has summed up 2012 as a difficult but successful year. The company sold 1,436 apartments over the year, nearly 300 fewer than in 2011.
POLAND All LPP brands (Reserved, Cropp Town, House, Mohito and Sinsay) are to have stores in the new extension to the Gemini Park Bielsko-Biała shopping centre, occupying a combined area of 3,300 sqm.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
LightOn – the latest office project being developed by CPI Property Group at ul. Prosta 69 in central Warsaw – has been awarded BREEAM design stage ce ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose ...
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
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.
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 ...
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 ...
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Echo Investment has been granted over EUR 27 mln to develop its Swobodna Spot project in Wrocław by PKO Bank Polski. The funds include a construction ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Croda Poland, a company that supplies specialist chemicals for the production of medicines, cosmetics and household chemicals will lease over 510 sqm ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
Speedwell has been granted a loan of PLN 100 mln by BNP Paribas Bank Polska to develop its Milestone Warszawa Mokotów project. This will be the first ...
The largest retail park in Upper Silesia is to be built in Żory on a 6 ha brownfield site of a former brickyard.
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
WPIP Construction has signed a contract with CTP to construct two buildings and extend industrial facilities in Opole and Zabrze. The contract also in ...