News

Hotels

Poland Hospitality revives – in an inhospitable environment

schedule 04 February 2022
Eurobuild CEE

Another difficult year for the hotel market has come to an end – hotels were back in operation for only the last six months of the year, but the summer and autumn seasons were much better than in 2020. But the hospitality sector is resilient and always has the potential to bounce back – according to the ‘Hotel market in the largest cities in Poland. Annual report 2021’ by Hotel Professionals, which ‘Eurobuild CEE’ has been granted the exclusive rights to publish.

Investment & finance

CENTRAL EUROPE Immofinanz rejects CPI’s improved bid

schedule 27 January 2022
Nathan North
managing editor (English section)

Austrian real estate company Immofinanz has recommended to its investors reject the share price offered by Prague-based CPI Property Group in its takeover bid, as, in the opinion of its executive and supervisory boards, it is too low – although it “welcomes” CPI’s increased offer to EUR 22.70.

Office & mixed-use development

POLAND Mondi moves into Andersia Tower

schedule 27 January 2022
Opr./edited by NN

Recruitment consultancy Mondi Polska has leased around 600 sqm on the 16th floor of Andersia Tower in Poznań.

Office & mixed-use development

POLAND Two lease 1,600 sqm in Business Garden Poznań

schedule 27 January 2022
Opr./edited by NN

Mitsubishi Electric and a medical clinic have leased a combined 1,600 sqm of office space from Vastint in Business Garden Poznań.

Warehouse & industrial

POLAND Panattoni starts work on 42,000 sqm Röhlig Suus centre

schedule 27 January 2022
Nathan North
managing editor (English section)

Panattoni has begun the construction of a 42,000 sqm logistics centre for Röhlig Suus Logistics at Panattoni Park Poznań West Gate I in Tarnowo Podgórne. At the same time, work has started in the park on an 18,000 sqm speculative facility

Warehouse & industrial

Poland Barbora opens third Polish logistics centre

schedule 26 January 2022

Online grocer Barbora has leased around 3,000 sqm in the Park City Logistics Katowice I logistics park.

Investment & finance

Romania Investment growth in Romania

schedule 26 January 2022

The volumes invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech Republic and Hungary saw a downturn compared to 2020, according to data from Cushman & Wakefield Echinox.

Warehouse & industrial

Czech Republic Warehousing still on a roll

schedule 26 January 2022

Modern industrial stock in the Czech Republic is now more than 9.6 mln sqm, according to figures from the Industrial Research Forum.

Warehouse & industrial

Poland 7R doubles space delivered y-o-y

schedule 26 January 2022

Polish warehouse developer 7R delivered almost 400,000 sqm of BREEAM-certified space over 2021, double the figure recorded for 2020.

Office & mixed-use development

CZECH REPUBLIC Prague offices on the road to recovery

schedule 26 January 2022
Opr./edited by NN

The Prague office market revived in 2021, showing a 16 pct increase in take-up on the previous year, according to the Prague Research Forum.

Construction

CENTRAL EUROPE Erbud takes in GWI for wooden mod cons

schedule 26 January 2022
Opr./edited by NN

Polish construction firm Erbud has merged its subsidiary Mod21 with German wooden modular buildings specialist GWI to establish a new company, also called Mod21.

Green projects

LITHUANIA LEED ‘Platinum’ for Vastint in Vilnius

schedule 26 January 2022
Opr./edited by NN

The first phase of Business Garden Vilnius, the developer of which is Vastint, has been awarded LEED ‘Platinum’ certification.

Office & mixed-use development

POLAND PKO BP to occupy all of SkySawa

schedule 26 January 2022
Nathan North
managing editor (English section)

PKO Bank Polski has leased the entire 35,000 sqm area of the SkySawa office complex in central Warsaw to Polish bank PKO BP for its new headquarters.

Investment & finance

POLAND Echo bond issue four times oversubscribed

schedule 25 January 2022
Nathan North
managing editor (English section)

The PLN 50 mln bond issue for individual investors by Polish developer Echo Investment has been more than four times oversubscribed.

Property and Facility Management

CZECH REPUBLIC Savills secures EQT PM mandate

schedule 25 January 2022
Opr./edited by NN

EQT Exeter has appointed international real estate advisor Savills as the property manager for its first warehouse investments in the Czech Republic – two parks in the Ostrava area.

Warehouse & industrial

CZECH REPUBLIC Prologis buys 7 ha for Ostředek park

schedule 25 January 2022
Opr./edited by NN

Prologis has acquired land for the potential extension of Prologis Park Ostředek on Prague’s southeastern outskirts by 27,000 sqm.

Warehouse & industrial

POLAND K-Flex expands in Uniejów again

schedule 25 January 2022
Opr./edited by NN

Panattoni is to extend a production complex for flexible thermal and acoustic insulation material manufacturer K-Flex in Uniejów in Central Poland.

Investment & finance

CTP raises EUR 700 mln in green bond issue

schedule 24 January 2022

Warehouse developer CTP has issued four-year green bonds worth EUR 700 mln as part of its EUR 8 bln medium-term note programme.

Investment & finance

Europe P3 raises EUR 1 bln through bond issue

schedule 24 January 2022

P3 has issued its inaugural senior unsecured dual-tranche Green Bonds worth EUR 1 bln to be traded on the Euro MTF Market and listed on the Luxembourg Stock Exchange.

Investment & finance

Europe More time to sell for Immofinanz shareholders

schedule 24 January 2022

The acceptance period for the partial offer made by S Immo to buy Immofinanz shares for EUR 23 per share has been extended.

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Edition 6 (308) June 2026

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