News

Investment & finance

Echo issues more bonds

schedule 04 January 2022

Echo Investment is launching a new series of bonds for private investors. The developer will issue securities worth PLN 50 mln.

Investment & finance

Europe VGP and Allianz set up new JV

schedule 04 January 2022

Allianz Real Estate and VGP have agreed to form a new 50/50 joint venture.

Investment & finance

POLAND EUR 65.6 mln loan for Brain Park

schedule 04 January 2022
Eurobuild CEE

Echo Investment has obtained a EUR 65.6 mln loan for the construction of three office buildings of its Brain Park office development in Kraków. The financing has been provided by PKO Bank Polski (the loan agent) and Bank Pekao SA (the security agent).

Investment & finance

POLAND Skanska sells two to Stena for EUR 128 mln

schedule 04 January 2022
Nathan North
managing editor (English section)

Skanska has sold two of its office projects, in Wrocław and Kraków, to Stena Real Estate for EUR 128 mln.

Investment & finance

CENTRAL EUROPE S Immo issues green bonds and makes Immofinanz bid

schedule 03 January 2022

Austrian property investor S Immo has issued green bonds worth EUR 50 mln with a term of five years.

Investment & finance

Europe Aareal says yes to proposed takeover

schedule 03 January 2022

The management and supervisory boards of Aareal Bank have made a formal recommendation to the company’s shareholders to accept a takeover offer by Atlantic BidCo.

Investment & finance

POLAND Cresa Polska becomes Newmark Polska

schedule 03 January 2022
Nathan North
managing editor (English section)

New York-based real estate services company has announced a business partnership with Polish advisory Cresa Polska, formerly part of the Cresa group, which will now operate as Newmark Polska.

Retail & leisure

POLAND LCP goes shopping in Prudnik

schedule 03 January 2022
Opr./edited by NN

LCP Properties has acquired Premium Park in Lubrza near Prudnik in southern Poland from the developer of the retail park, Fortis Investments, for an undisclosed sum.

Warehouse & industrial

CZECH REPUBLIC VGP Park Ústí nad Labem City on its way

schedule 03 January 2022
Opr./edited by NN

VGP has announced that it is to develop a 52,000 sqm semi-industrial and logistics complex focused on last-mile logistics in Ústí nad Labem in North Bohemia.

Construction

POLAND Erbud wins PLN 300 mln Lidl contract

schedule 31 December 2021
Opr./edited by NN

Erbud has been awarded a PLN 298.4 mln contract to build a distribution centre for discount retailer Lidl near Błonie, west of Warsaw.

Office & mixed-use development

POLAND Warimpex starts work on Mogilska 35

schedule 31 December 2021
Opr./edited by NN

Austrian developer Warimpex has started the construction of Mogilska 35 Office, the third stage if its Mogilska development in Kraków’s Grzegórzki district.

Investment & finance

POLAND Liberty Tower plot sold to Singaporean group

schedule 31 December 2021
Nathan North
managing editor (English section)

Golub GetHouse has finalised the sale of the site of the planned 140m Liberty Tower skyscraper on ul. Grzybowska in Warsaw for an undisclosed sum. The buyer is AT Capital Group of Singapore.

Office & mixed-use development

POLAND Enea takes two floors in Business Garden Poznań

schedule 31 December 2021
Opr./edited by NN

Enea, the fourth largest energy group in Poland, has leased two floors of a building in Business Garden Poznań.

Residential

Europe Garbe sets up European residential fund

schedule 30 December 2021

Garbe Institutional Capital has launched a pan-European residential real estate fund with a total target investment volume of around EUR 800 mln.

Property and Facility Management

Poland JLL to lease three CA Immo buildings

schedule 30 December 2021

JLL has been appointed as leasing agent for three CA Immo-owned buildings in Warsaw: Sienna Center, Warsaw Spire C and Bitwy Warszawskiej Business Center.

Investment & finance

POLAND Polsat set to buy Port Praski

schedule 30 December 2021
Opr./edited by NN

Polish multimedia group Polsat Plus aims to invest PLN 880 mln in acquiring a 66.94 pct stake in Port Praski, which owns 38 ha in Warsaw’s Praga district where 800,000 sqm could eventually be developed.

Investment & finance

ROMANIA Atenor completes sale of Dacia One

schedule 30 December 2021
Nathan North
managing editor (English section)

Belgian developer Atenor has finalised the sale of its recently completed Dacia One development in central Bucharest to Pavăl Holding for around EUR 50 mln.

Investment & finance

POLAND Generation Park Y sold in biggest CEE deal of 2021

schedule 30 December 2021
Nathan North
managing editor (English section)

German investor Hansainvest Real Assets has acquired the 47,000 sqm Generation Park Y skyscraper in Warsaw from Swedish developer Skanska for EUR 285 mln – the largest property purchase in the entire CEE region this year.

Retail & leisure

Croatia Stop Shop goes big in Croatia

schedule 29 December 2021

Immofinanz is to expand its Stop Shop chain of retail parks from 4 to 20 locations over the next three to five years.

Green projects

Romania Campus 6.3 awarded three certificates

schedule 29 December 2021

Campus 6.3, the third building in the Campus 6 complex developed by Skanska in Bucharest, has been granted WELL Core & Shell certification with a rating of ‘Gold’.

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Edition 6 (308) June 2026

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