News
Investment & finance
Blackstone completes Multi acquisition
EUROPE US private equity group Blackstone Group has completed the acquisition of Dutch-based developer Multi Corporation.
Investment & finance
ECE loses CZK 1.8 bln case against Czech state
CZECH REPUBLIC German developer ECE has lost a CZK 1.8 bln (app. EUR 70 mln) compensation case against the Czech government over the aborted Galerie Liberec development at the International Court of Arbitration in Paris.
Prologis raises EUR 450 mln for PEPF II
EUROPE Prologis has announced that its Prologis European Properties Fund II (PEPF II) has received new capital commitments of EUR 450 mln after opening to new investors for the first time.
Multikino sale goes through
POLAND Luxembourg-registered International Trading and Investments (ITI Group) has announced that it has completed the sale of the Multikino chain of cinemas to British group Vue-Entertainment.
P3 completes DHL hub at Bratislava Airport
SLOVAKIA PointPark Properties (P3) has completed and handed over a tailor-made distribution facility developed at Bratislava Airport for postal and logistics company DHL Express.
Jysk enters Galeria Rumia
POLAND Jysk has signed a five-year lease for space in Galeria Rumia.
Third star for DeSilva hotel
POLAND The Warsaw hotel of the DeSilva chain in the city’s Wilanów district has gained its third star by the Masovian provincial government.
Polimex pulls out of PLN 96 mln contract
POLAND Polimex-Mostostal has withdrawn from a contract signed in February 2012 with the Lublin provincial government.
PBO Anioła to build Netto store
POLAND Protea Development, a subsidiary of PBO Anioła, is to build a turn-key retail and administration building for Netto.
Office & mixed-use development
4,000 sqm sold in Nagatino i-Land
RUSSIA Two companies have recently bought office space in the Nagatino i-Land business park in Moscow. Transport company RailTransHolding has bought 2,454 sqm on the 11th and the 12th floors of the Newton business centre (total area 36,064 sqm), while Navigator, specialising in lighting products, acquired a 1,597 sqm office on the 13th floor of the Lobachevskiy business centre (33,381 sqm).
Central European investment surges
CE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania accelerated significantly in Q3 with around EUR 1.5 bln invested, compared with EUR 630 mln in the previous quarter, according to research by Cushman & Wakefield.
Investment volumes heading for a record year
RUSSIA If all the transactions in progress are closed this year, 2013 will be record for investment in Russian retail real estate, according to research by Cushman & Wakefield.
Retail & leisure
Kardan in talks to sell GTC stake
CEE REGION Kardan, which owns a 27.75 pct share holding in CEE developer Globe Trade Centre (through its wholly-owned subsidiary GTC Real Estate Holding), has announced that it is the process of selling its stake to a strategic investor.
Office & mixed-use development
Moscow office market under-saturated
RUSSIA Moscow has ten times less office space per capita than Zurich or Geneva and five times less than Paris or London, according to the latest research by Jones Lang LaSalle.
Two renew in Budapest for Prologis
HUNGARY Two contracts have been signed for space in Prologis warehousing complexes in Budapest.
Retail & leisure
USD 100 mln shopping centre opens in Sochi
RUSSIA The Mandarin shopping centre, Russia’s first open-sky mall, has been opened in Sochi on the Black Sea coast.
Construction
Skanska to build Jewish museum
POLAND Skanska is to build the Ulma Family Museum of Poles Saving Jews [Muzeum Polaków Ratujących Żydów im. Rodziny Ulmów] in Markowa, near Łańcut in the Subcarpathian province.
Residential
JHM Development obtains loan for Konin estate
POLAND JHM Development has been granted a PLN 12.79 mln loan from Alior Bank to construct the first stage of the Osiedle Diamentowe estate in Konin.
Meridian publishes Warsaw IPO prospectus
POLAND/CEE REGION Meridian Properties has published the prospectus for its Warsaw Stock Exchange IPO.
Construction
Garden Plaza reaches shell stage
POLAND The shell of the Garden Plaza office building, which is being developed on ul. Elbląska in Warsaw’s Żoliborz district, has been completed.
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
Polish construction sector faces growing labour shortage
Poland’s construction sector is facing increasing labour shortages, with the industry short of around 150,000 workers. Turnover among engineers has re ...
Carbon Counts in Construction
Polish construction sector under pressure
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
EPP meets 2030 emissions reduction targets ahead of schedule
EPP has already met the emissions reduction targets it set for 2030 under the Science Based Targets initiative (SBTi), which helps companies set emiss ...
PAD RES launches 24 MW solar farms in Koszalin district
The Grand Pardubice now Excellent
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
Bob W to open fifth Tallinn property at Krulli Quarter
Bob W has signed a long-term deal to operate a new aparthotel at Krulli Kvartal, part of the 10.2 ha regeneration of the historic Krulli industrial qu ...
Prague moves into top 10 for hotel investment
Mövenpick opens first Croatian hotel on Adriatic coast
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
Planning reform redraws the land market
Poland’s planning reform is changing the way land is valued, according to Walter Herz. Plots covered by a local zoning plan (MPZP), a legally binding ...
Nusco secures EUR 21.4 mln financing from Exim Banca Românească
CEECAT Capital raises EUR 135m at first close of third fund
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
Flint Group extends Łódź 1 lease
Flint Group Packaging Solutions has renewed its lease at the Łódź 1 office building at al. Piłsudskiego 22. The company will remain at its current hea ...
Colliers to lease UREM Poland portfolio
ADC stays on in Francuska
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
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
Apartments remain a top investment
Poles continue to see apartments as one of the most attractive ways of investing their money, according to Otodom’s ‘Property Market Sentiment Monitor ...
MTX plans Katowice tower
RealCo sells out Wrocław project
Retail & leisure
Retailers rethink the role of technology
Consumers are increasingly tired of technology overload and excessive personalisation, while physical stores can benefit from offering something the d ...
Retail parks become local hubs
M Core acquires Galeria Chełm
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
Warehouse vacancy falls to three-year low
The vacancy rate in Poland’s warehouse market fell to 6.6 pct at the end of June, its lowest level in three years. At the same time, gross take-up ros ...
