News

Retail & leisure

Spektrum becomes visible

schedule 04 June 2020
Nathan North
managing editor

CZECH REPUBLIC CPI Property Group’s redevelopment of the Spektrum shopping centre in Čestlice in Prague’s southeastern outskirts is now taking shape.

Investment & finance

HB Reavis sells and buys in London

schedule 04 June 2020
Nathan North
managing editor

SLOVAKIA/UK Slovak developer HB Reavis has sold its office building at 20 Farringdon Street in central London and has also announced the acquisition of a new property in the city, which after redevelopment will be become Quick & Tower House, a 135,000 sq ft (12,540 sqm) commercial project in Shoreditch.

Investment & finance

S Immo confident in spite of EUR 31.5 mln write-down

schedule 03 June 2020
Nathan North
managing editor

CE REGION S Immo enjoyed good operational performance in Q1 2020, but was also impacted by a EUR 31.5 mln write-down in the value of its portfolio due to the pandemic.

Investment & finance

Equal Business Park from Cavatina to Apollo-Rida

schedule 03 June 2020
Nathan North
managing editor

POLAND The Equal Business Park office complex in Kraków developed by Cavatina Holding has been sold for an undisclosed sum to a consortium managed by Apollo-Rida.

Warehouse & industrial

BMW ready to build Debrecen factory

schedule 03 June 2020
Alex Hayes
journalist

HUNGARY BMW has announced that it has taken possession of a 400 ha site in Debrecen, where it is soon to build a new factory.

Office & mixed-use development

POLAND ISOC takes all of Silesia Business Park

schedule 03 June 2020
Alex Hayes
journalist

POLAND Philippines-based ISOC Group has bought buildings A and B of Silesia Business Park in Katowice from a fund managed by NIAM.

Warehouse & industrial

Panattoni turns fifteen

schedule 03 June 2020
Rafał Ostrowski
journalist

EUROPE Warehouse developer Panattoni is celebrating 15 years of business in Europe.

Residential

Building permit for Up Site

schedule 03 June 2020
Alex Hayes
journalist

ROMANIA Atenor has announced that it has been granted a building permit for its Up-Site residential project in Bucharest.

Hotels

Hilton Tallinn Park Hotel now 'Very Good'

schedule 03 June 2020
Alex Hayes
journalist

ESTONIA East Capital Real Estate has announced that the Hilton Tallinn Park Hotel is the first hotel in the country to have been awarded BREEAM-In-Use with a rating of ‘Very Good’.

Warehouse & industrial

Clipper expands in Poznań

schedule 02 June 2020
Alex Hayes
journalist

POLAND Warehouse developer P3 has signed a lease with Clipper Logistics for 7,324 sqm of additional warehouse space at its P3 Poznań park. When the tenant takes up its new space, Clipper will have almost 60,000 sqm and will be the largest tenant at the park.

Office & mixed-use development

EUR 2.87 bln revamp for Romexpo

schedule 02 June 2020
Alex Hayes
journalist

ROMANIA Commercial property developer Iulius and the Romanian Chamber of Commerce and Industry have together announced a project to renovate the Romexpo exhibition complex in a EUR 2.87 bln investment.

Residential

Savills seeks PRS partner for Eiffage

schedule 02 June 2020
Nathan North
managing editor

POLAND Eiffage Immobilier Polska has appointed Savills to acquire an investment partner for the development of a 453-apartment build-to-rent project in Warsaw, which forms part of a secured development pipeline of over 2,300 such units in Poland’s five largest cities.

Property and Facility Management

CPI close to managing whole Warsaw portfolio

schedule 02 June 2020
Nathan North
managing editor

POLAND CPI Property Group is about to complete the process of taking over the management of the Central Tower and Prosta 69 buildings in Warsaw.

Investment & finance

CPI looking ahead to post-pandemic life

schedule 01 June 2020
Nathan North
managing editor

CZECH REPUBLIC CPI Property Group saw its net profit increase by 118 pct y-o-y in Q1 2020 to EUR 62 mln.

Office & mixed-use development

Harfa Business Center on its way to Prague 9

schedule 01 June 2020
Nathan North
managing editor

CZECH REPUBLIC Kaprain in a joint venture with Lighthouse has started the construction of the Harfa Business Center in Prague 9, according to local media.

Investment & finance

City One in Wrocław sold for EUR 33.8 mln

schedule 01 June 2020
Nathan North
managing editor

POLAND Archicom has finalised the sale of the City One office building in central Wrocław to an undisclosed international institutional investor for EUR 33.8 mln.

Property and Facility Management

Globalworth adds five to PM portfolio

schedule 01 June 2020
Nathan North
managing editor

POLAND Globalworth is introducing its latest management model to five Polish office buildings with a combined area of ​​more than 50,000 sqm.

Warehouse & industrial

Panattoni strikes twice Bydgoszcz

schedule 01 June 2020
Nathan North
managing editor

POLAND Panattoni Park Bydgoszcz II has now been completed.

Investment & finance

Immofinanz makes EUR 37 mln Q1 loss

schedule 01 June 2020
Nathan North
managing editor

CE REGION Immofinanz suffered a net loss of EUR 37.6 mln in the first quarter of 2020 – down from a net profit of EUR 30.4 mln in Q1 2019.

Good Q1 for CA Immo

schedule 29 May 2020
Nathan North
managing editor

CE REGION CA Immo’s results in the first quarter were “barely affected by the Covid-19 pandemic” and showed a significant increase in net income, according to the company.

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