POLAND Platinum Properties Group (PPG) has revised its estimated net profit for 2012 to PLN 13 mln – up on the PLN 12 mln that it predicted earlier. The developer now estimates its turnover at PLN 44 mln, compared to its previous forecast of PLN 30 mln.
POLAND Grupa Hotelowa Orbis is to stop building its own hotels from 2014 and focus on developing its chain through franchising and management contracts.
POLAND In 2013 Dolcan is to put 782 apartments on the market. The developer is also to start construction work on the second stage of its Ogrody Ochota estate in Warsaw, an investment of app. PLN 90 mln.
POLAND Grupa Robyg has borrowed PLN 15 mln from Millennium bank to finance a residential project on al. Rzeczypospolitej in Warsaw’s Wilanów district.
ESTONIA The town of Haapsalu is to lose EUR 100,000 in grants from Enterprise Estonia due to irregularities in the tender procedure for the general contractor of the town’s cultural centre.
CZECH REPUBLIC Internet sales reached CZK 43 bln (EUR 1.68 bln) in the Czech Republic in 2012, which is the equivalent of 46 shopping centres, according to Cushman & Wakefield.
RUSSIA WebMediaGroup, a company that provides online games, video and retail, has leased 1,037 sqm of office space in the Tropicano business centre on ulitsa Krasnaya Presnya in Moscow.
CROATIA The European Investment Bank is to lend EUR 250 mln to the Croatian Bank for Reconstruction and Development (HBOR) to finance a number of projects throughout the country, including infrastructure projects supported by local authorities and tourism schemes.
POLAND Law firm Schoenherr has leased over 700 sqm in Le Palais on ul. Próżna in Warsaw.
POLAND Logistics operator No Limit has leased warehouses in Pruszków and Wrocław with a total space of 15,000 sqm.
POLAND/BULGARIA Jones Lang LaSalle Hotels & Hospitality Group has been appointed as the exclusive agent for the sale of the freehold interests of the Sheraton Kraków and Hilton Sofia hotels.
POLAND Construction work should begin within the next few days on the Galeria Warmińska shopping centre in Olsztyn.
POLAND Mayland Real Estate has finished the shell stage of the extension to the Wzgórze shopping centre in Gdynia.
POLAND “Erbud has ruled out the possibility that errors were made in the construction of the runway at Modlin airport”, Józef Zubelewicz, the president of the management board of Erbud, the general contractor of the project, has stated at a press conference.
POLAND This year Kristensen Group plans to launch the second stage, comprising 12 homes with 24 apartments, of its holiday home estate on ul. Komuny Paryskiej in Karpacz.
POLAND Czerwona Torebka has concluded a loan repayment guarantee agreement with Alior Bank for a loan taken out by its subsidiary Piętnasta-Czerwona Torebka from the same bank.
POLAND Keen Property Partners Retail (KPP Retail) is to change the property management structure in two of its Polish shopping centres.
POLAND Bouygues has bought a stake of over 50 pct in Woodsia from Ave Este Luxembourg, which possesses 100 pct of the founding capital of the firm.
CROATIA Orco Property Group has filed a request for arbitration against the State Property Management Agency of the Republic of Croatia.
CROATIA IKEA has received a building permit to build a store in Zagreb, according to local media reports.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
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 ...
'Eurobuild CEE' announces its spring awakening. In the latest issue of our magazine, you will find, lots of optimism, all the latest real estate news, ...
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 Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
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 ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
JLL has announced the sale and leaseback of two properties by a manufacturing company in a deal worth over PLN 1 bln.
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 ...
Axi Immo has presented its latest report “Warsaw Office Market – Q1 2025. The market opened in 2025 on a steady footing, with a notable increase in le ...
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 ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Mall Moldova has opened in Iași. The tenants include. Ikea, Peek & Cloppenburg and Leroy Merlin.
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 ...
Convenience store chain Żabka has officially opened a new logistics centre in Kąty Wrocławskie. The first stage of the development will serve 1,500 st ...