News

Warehouse & industrial

HUNGARY Warehousing tops 2.35 mln sqm in Budapest area

schedule 22 July 2020
Opr./edited by NN

In Q2 2020, 64,140 sqm of new space was added to the total modern industrial stock in Budapest and its surrounding area, according to the Budapest Research Forum.

Warehouse & industrial

POLAND Medezin made up in 7R Park Łódź West I

schedule 21 July 2020
Opr./edited by NN

Medezin, part of the Pelion Group of pharmaceutical companies, has started production on 3,700 sqm of space specially prepared for it in 7R Park Łódź West I.

Office & mixed-use development

POLAND Monopolis part two on its way

schedule 21 July 2020
Nathan North
managing editor

Construction work has begun on the second stage of the Monopolis office and service complex, which is being developed in Łódź by Virako.

Warehouse & industrial

POLAND Over a million leased by Panattoni in H1

schedule 21 July 2020
Nathan North
managing editor

Panattoni signed leases for more than 1.1 mln sqm in H1, more than twice the space leased in the same period of 2019. In Q2 its transaction volume was over 671,500 sqm – 57 pct higher than in the previous three months.

Office & mixed-use development

ROMANIA Continental completes EUR 27 mln Iaşi R&D centre expansion

schedule 21 July 2020
Opr./edited by NN

Automotive parts manufacturer Continental has completed the expansion of its research and development centre in Iaşi.

EurobuildCEE

Temporary e-mail address

schedule 21 July 2020
Eurobuild CEE

Due to the fact we are currently moving our premises, which involves the relocation of our mail server, Eurobuild cannot be contacted via our usual e-mail addresses.

Retail & leisure

ROMANIA Târgu Mureș mall opens after Covid delay

schedule 21 July 2020
Nathan North
managing editor

NEPI Rockcastle has finally opened Shopping City Târgu Mureș in Transylvania, its 20th Romania mall.

Construction

EUROPE EU construction up by 21.2 pct in May

schedule 21 July 2020
Opr./edited by NN

EU construction output rebounded in May, up by 21.2 pct on the previous month, following a record fall in April, when output plummeted by 14.9 pct, according to data and analytics specialists GlobalData.

Infrastructure

BULGARIA Strabag wins EUR 202 mln railway job

schedule 21 July 2020
Opr./edited by NN

Austrian construction firm Strabag and local consortium partner GP Group AD has been awarded a EUR 202 mln (BGN 395 mln) contract to modernise a stretch of the Elin Pelin–Kostenets railway line in western Bulgaria. Strabag holds a 51 pct share in the consortium.

Investment & finance

POLAND Polish 2020 investment unlikely to fall by more than a fifth – Savills

schedule 20 July 2020
Opr./edited by NN

Polish commercial property investment activity reached EUR 2.92 bln in H1 2020, up by almost 5 pct on the same period in 2019 – according to Savills.

Technology

HUNGARY Symbiotic and smart for BP in Agora

schedule 20 July 2020
Opr./edited by NN

HB Reavis has introduced its Symbiosy smart office system into petro-giant BP’s new global businesses services unit in the Agora building in Budapest.

Warehouse & industrial

7R buys Rzeszów site for Subcarpathian expansion

schedule 20 July 2020
Opr./edited by NN

7R has finalised the acquisition of a development site in Trzebownisko on the outskirts of Rzeszów from Gardner Aerospace.

Infrastructure

EUROPE EU to kick-start recovery with EUR 2.2 bln for transport

schedule 20 July 2020
Nathan North
managing editor

The EU is to invest EUR 2.2 bln in key transport projects in all member states as part of its economic recovery plans.

Warehouse & industrial

POLAND Panattoni completes Kołbaskowo forklift plant for Kion

schedule 17 July 2020
Opr./edited by NN

Panattoni has completed the construction of a forklift assembly plant in Kołbaskowo near Szczecin for warehouse automation technology manufacturer Kion Group.

Events

POLAND Out for a spin with Immofinanz

schedule 17 July 2020
Eurobuild Conferences

Immofinanz has been involved in Eurobuild Conferences’ ‘Suits on Bikes’ project since the very first time the event took place, and, naturally, this year’s no exception. For many years, the company has been consistent in promoting cycling as a healthy and safe means of transport.

Green projects

POLAND 7R paves the way to trigeneration

schedule 17 July 2020
Opr./edited by NN

Automotive suspension parts designer and manufacturer BWI Group has opened a new R&D centre in Balice near Kraków – a passive building developed by 7R.

Investment & finance

POLAND Highest ever Polish r.e. investment volume in H1 2020

schedule 17 July 2020
Opr./edited by NN

A record high volume of EUR 3.5 bln of real estate transactions were closed in Poland in H1 2020, 30 pct higher than the same period last year, according to Avison Young.

Investment & finance

SLOVAKIA Karimpol buys Bory Business Park

schedule 16 July 2020
Opr./edited by NN

Penta Real Estate has sold the Bory Business Park project in Bratislava to Karimpol Group for an undisclosed sum.

Warehouse & industrial

ROMANIA EBRD loans EUR 150 mln to WDP

schedule 16 July 2020
Opr./edited by NN

The European Bank for Reconstruction and Development (EBRD) has agreed a financing package worth EUR 150 mln with Romanian warehouse developer WDP.

Warehouse & industrial

ROMANIA Interbrands sticks to the A1

schedule 16 July 2020
Opr./edited by NN

Interbrands Marketing & Distribution has leased 24,830 sqm of logistics and office space in the P3 Bucharest A1 park.

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