POLAND Erbud closed the first quarter with revenue of PLN 206.4 mln, 12 pct less than in the same period of 2012. The company’s EBIT came to PLN 2.3 mln, down by 69 pct, while its EBIT margin also decreased from 3.2 pct in Q1 2012 to 1.12 pct.
POLAND In the first quarter Empik Media & Fashion (EM&F) group’s revenue increased by 8 pct y-o-y to PLN 734 mln.
POLAND Polnord registered sales revenue of PLN 41.1 mln for the first quarter of the year and a gross profit on sales of PLN 3.8 mln.
POLAND Robyg generated over PLN 159 mln in Q1 2013, representing an increase of almost 186 pct on the same period of the previous year.
POLAND Echo Investment has officially started the construction phase of its Galeria Sudecka development in Jelenia Góra.
BULGARIA Construction work on the Gabrovo bypass, an investment of around EUR 200 mln, has now started. A consortium made up of PSVT, Hidrostroy JV, Patni Stroezhi-Veliko Tarnovo and Patinzheneringstroy-Т is acting as the general contractor of the first stage with the contract, which is worth BGN 92.94 mln (over EUR 47 mln) including VAT.
Office & mixed-use development
CZECH REPUBLIC Orco Property Group has established its joint venture with Unibail-Rodamco for the development of a shopping centre in Bubny, Prague 7.
CZECH REPUBLIC Housing manager and owner CPI Byty, part of the CPI Group, has issued project bonds to the value of CZK 3 bln (around EUR 115 mln).
Residential
POLAND Dom Development has officially initiated the construction phase of the Żoliborz Artystyczny residential quarter in Warsaw’s Żoliborz district.
SERBIA Google and Apple are planning to open brand stores in Serbia by the end of the year, according to prime minister Ivica Dačić, speaking on Radio Television of Serbia (RTS).
RUSSIA Sokol Estate [Сокол Эстейт] is to develop a USD 150 mln mixed-use office complex in northern Moscow.
POLAND JR Invest, which is listed on the NewConnect share market, has published its results for 2012 and Q1 2013.
POLAND PTB Nickel has started construction work on Rycerska – the latest stage of the Osiedle Księżnej Dąbrówki estate near Poznań.
Office & mixed-use development
POLAND Google has prolonged the lease of its offices in Warsaw Financial Center for the next ten years. The agreement that has been concluded for the lease of 3,670 sqm includes an option to extend the area.
Retail & leisure
POLAND The Karolinka shopping centre in Opole and the Pogoria shopping centre in Dąbrowa Górnicza, which are both managed by Mayland Real Estate, have finalised a cooperation contract with the LPP retail group.
POLAND Alpine Bau has withdrawn from the contract for the construction of the A1 motorway.
POLAND In Q1 2013 the TUP capital group generated net sales revenue of PLN 4.6 mln.
POLAND The competition for the design of the spatial development concept for pl. Narutowicza in Warsaw has ended with ten out of the 96 competition entries receiving distinctions
POLAND Redan achieved sales of PLN 98 mln in the first quarter – a 12.2 pct improvement on Q1 last year.
Office & mixed-use development
POLAND The construction of five underground floors of Warsaw Spire’s car park has now been completed and work on the ground-level floors in building ‘B’ has started.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Prologis has signed an agreement to purchase a warehouse of around 17,500 sqm in a sale and leaseback agreement with logistics operator DSV. The build ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
Czech engineering firm Sterplan has moved into new offices in the Port7 complex in Holešovice. Colliers was responsible for both the design and fit ou ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
The Napollo Group has appointed Kalter as the general contractor for a residential project. In the first stage of the Mono estate, two buildings are t ...
The Green Caffè Nero chain has joined the ranks of tenants at the Plac Wiślany shopping centre under construction in Warsaw's Siekierki district. The ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
DPD Polska is to expand its operations in Hillwood Ruda Śląska. The tenant has expanded its 13,200 sqm lease by an additional 4,700 sqm with Hillwood ...