News
RomReal in dire straits
ROMANIA Oslo stock exchange listed property investor RomReal has revealed that it does not have enough funds for the principle repayment of an EUR 11.6 mln loan from Alpha Bank in Romania by its maturity date on November 30th.
CPI boss “buys fifth of Orco”
CZECH REPUBLIC Radovan Vitek, the billionaire owner of CPI Group, has reportedly bought a fifth of the shares in Czech-based developer Orco on the Euronext Paris stock exchange.
Tatry Mountain Resorts to list on three bourses
POLAND/SLOVAKIA Slovakian ski resort developer Tatry Mountain Resorts (TMR) has listed on the main marker of the Warsaw Stock Exchange.
Bankruptcy for Eurosmart
ROMANIA Eurosmart Investment, the developer of 50 luxury apartments on strada Strada Mihai Eminescu in Bucharest, has filed for bankruptcy and been declared insolvent by a Bucharest court, according to local media.
Avans joins Media Expert
POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of a chain of 300 Avans electronic stores (including franchises) by OpenMedia, a company which belongs to Arkadiusz and Sławomir Tomal.
Work on Adventure World Warsaw begins
POLAND Imtech Polska, the general contractor for Adventure Park Warsaw, has entered the development site. The preparation and excavation work has started on the project, the investor behind which is Adventure World Warsaw Parks&Resort.
Cocor faces foreclosure
ROMANIA BCR plans to foreclose on Cocor and put the Cocor shopping centre in Bucharest up for auction on November the 16th for a starting price of RON 134.9 mln (app. EUR 30 mln).
Közgép to renovate square for EUR 13 mln
HUNGARY A consortium of Közgép, Magyar Aszfalt and West Hungária Bau is to complete the renovation of Dunakapu Square in Győr in a contract worth HUF 3.8 bln (app. EUR 13 mln).
GSK in Baltic Hearts
LITHUANIA GlaxoSmithKline, the US pharmaceutical company has relocated their 800 sqm office to new Baltic Hearts business centre in Vilnius CBD.
Centrál mall opens in Bratislava
SLOVAKIA The Centrál shopping centre in Bratislava has been opened.
KIK comes to Jarosław
POLAND A 430 sqm KIK clothing store is to open in the Pruchnicka shopping centre in Jarosław in south east Poland.
CCC enters Galeria Malta
POLAND The Galeria Malta shopping centre n Poznań, which is owned by Neinver, has acquired the CCC brand as a new tenant.
PBO Anioła to cut costs
POLAND PBO Anioła intends to cut costs by, among other measures, reducing management board pay by up to 30 pct.
AmRest increases European sales
EUROPE The AmRest group, which manages KFC, Pizza Hut and Burger King restaurants as well as the Starbucks cafe chain, posted sales of PLN 464.3 mln for Q3 for its Central European and Russian divisions.
Plac Małachowskiego to be renovated?
POLAND The State Ethnographical Museum in Warsaw, the Zachęta National Gallery of Art, the Holy Trinity Lutheran Church in Warsaw and Hochtief Development Poland have come together in an attempt to renovate the historic Plac Małachowskiego
Budimex makes cheapest A4 offer
POLAND Budimex has made the cheapest offer to finish construction work on a 4 km section (between the Rzeszów-Zachód interchange and the Rzeszów Centralny interchange) of the A4 motorway.
More Moscow office space
RUSSIA New office completions in Moscow in Q3 came to 176,500 sqm, representing a 24 pct y-o-y increase, according to Jones Lang LaSalle.
Igroland to open in Lviv
UKRAINE Toy store Igroland has leased 1,500 sqm in the Forum Lviv shopping centre, which is being developed by Multi Development Ukraine.
EmiTel to move to Fronton in Kraków
POLAND Radio and TV broadcast infrastructure operator EmiTel has leased 983 sqm of office space in Fronton Office Center in Kraków. Cushman & Wakefield represented the tenant for this transaction.
Finns start Tapiola in St Petersburg
RUSSIA Finnish company Lemminkäinen has purchased a plot along the Obvodny Canal near Moskovsky Prospekt in central St Petersburg for its Tapiola residential project.
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
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.
CPK arises
Back to the Future Conference
Exclusive
Not just for the rich
Tymon Nowosielski, CEO of Eiffage Immobilier Polska, spoke with us about why the housing market can’t revolve solely around the wealthy – and how PRS ...
Demand for PBSA continues to accelerate
More than 15 minutes of fame
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
Leonardo expands in JM Tower
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Self service in Opole
Mercure comes to Transylvania
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
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
Financing for Chmielna 89
Madison International Realty and Cavatina Holding have secured EUR 61 mln in refinancing from Santander and Bank Pekao for Chmielna 89, a landmark off ...
Saller takes on Nad Jeziorem
Blue Rock sells in Cologne
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
Rockwool triples lease size in Nowy Rynek
Polish mineral wool manufacturer Rockwool GBS has extended and prolonged its lease agreement with Eastnine for space in building D of the Nowy Rynek d ...
More drugs in Aeropark
VR comes to Norblin
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
Massive PRS portfolio purchase by Vantage
Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to app ...
PBSA market set to grow rapidly
Zeitraum – Racławicka to open for next semester
Retail & leisure
Ławica Shopping Park opens in Poznań
Ławica Shopping Park on ul. Bukowska has now opened. The 7,000 sqm park of three buildings stands on a 2 ha site. Ławica Shopping Park houses 17 retai ...
Retail park to come to Konstantynów Łódzki
Small towns lead retail expansion
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
Harden builds for Panattoni
General contractor Harden Construction has begun construction of Panattoni Park Gdańsk West II in Janków Gdański. The 40,000 sqm centre to be construc ...
