News
Polimex-Mostostal secures financing
POLAND Polimex-Mostostal has signed an agreement with its creditors to reduce its fixed costs by a minimum of PLN 300 mln by 2015.
Revenue boost for Redan
POLAND Grupa Kapitałowa Redan generated consolidated sales revenue of PLN 437.1 mln for 2012, representing a 15 pct increase on 2011.
Ring road for Leżajsk
POLAND The Rzeszów branch of the General Directorate of National Roads and Motorways (GDDKiA) has signed a PLN 66 mln contract with a consortium made up of Przedsiębiorstwo Robót Inżynieryjnych Pol-Aqua (the leader) and Dragados for the construction of a 3.6 km section of the Leżajsk ring road.
PPG revises financial forecast upwards
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.
Orbis reveals ambitious plans
POLAND Grupa Hotelowa Orbis is to stop building its own hotels from 2014 and focus on developing its chain through franchising and management contracts.
Dolcan announces plans for 2013
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.
Robyg secures Warsaw estate finance
POLAND Grupa Robyg has borrowed PLN 15 mln from Millennium bank to finance a residential project on al. Rzeczypospolitej in Warsaw’s Wilanów district.
Haapsalu fined for tender irregularities
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.
Strong online sales growth
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.
WebMediaGroup joins Tropicano club
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.
EIB invests EUR 250 mln in Croatia
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.
Schoenherr in Le Palais
POLAND Law firm Schoenherr has leased over 700 sqm in Le Palais on ul. Próżna in Warsaw.
No Limit extends Polish boundaries
POLAND Logistics operator No Limit has leased warehouses in Pruszków and Wrocław with a total space of 15,000 sqm.
JLL to sell Sheraton Kraków and Hilton Sofia
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.
Work soon to start of Galeria Warmińska
POLAND Construction work should begin within the next few days on the Galeria Warmińska shopping centre in Olsztyn.
Wzgórze extension reaches shell stage
POLAND Mayland Real Estate has finished the shell stage of the extension to the Wzgórze shopping centre in Gdynia.
Erbud denies responsibility for runway damage
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.
Kristensen Group makes plans
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.
Czerwona Torebka obtains loan warranty from Alior Bank
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.
KPP changes PM
POLAND Keen Property Partners Retail (KPP Retail) is to change the property management structure in two of its Polish shopping centres.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
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 October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Staycity to open first Aparthotel in Warsaw
Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development ...
Romanian hotels grow
Leonardo expands in JM Tower
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Libero sold in biggest deal of the year!
Echo Investment has finalised the EUR 103 mln sale of the Libero Katowice shopping centre in Katowice to Estonian real estate investor Summus Capital. ...
LCP buys park in Strzyżów
BPI takes on Moniuszki 1A
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Office investment set to reach 1.4 bln
Investment in the office market is accelerating with EUR 474 mln in deals signed over Q3, according to the latest figures from Cushman & Wakefield. Th ...
Warta chooses Grundmanna Office Park
Supply gap grows larger
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
StudentSpace comes to Warsaw
StudentSpace, the student housing platform created by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, has begun construction o ...
No drop in price from price transparency act
Kraków PRS continues to grow
Retail & leisure
Another Smart Park to come to Wrocław
RGL, the developer behind the Smart Park brand, has started work on another centre. Its latest retail park will be in Wrocław on ul. Kamiennogórska in ...
Explosive growth of retail space in Romania
Grand Department Store in Pardubice reopens
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
Jet teams up with Panattoni in Rzeszów
Jet Industrial Lease, a real estate fund owned by the Czech investment firm Jet Investment, has begun construction on a modern industrial complex in R ...
