News

Investment & finance

CPI looking ahead to post-pandemic life

schedule 01 June 2020
Nathan North
managing editor (English section)

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 (English section)

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 (English section)

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 (English section)

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 (English section)

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 (English section)

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 (English section)

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.

Property and Facility Management

Hagag embraces Global Vision

schedule 28 May 2020
Nathan North
managing editor (English section)

ROMANIA Global Vision has been commissioned by Hagag Development Europe for the property management of the H Victoriei 109 building in Bucharest.

Investment & finance

Green light for Optima to take over GTC

schedule 28 May 2020
Nathan North
managing editor (English section)

POLAND/HUNGARY Globe Trade Centre has announced that it has received approval from the Polish anti-trust authorities for its takeover by Optimum Ventures Magántőkealap.

Warehouse & industrial

Chocs away in Skarbimierz

schedule 28 May 2020
Nathan North
managing editor (English section)

POLAND Panattoni has completed the construction of a 8,260 sqm logistics centre for DSV Solutions in Skarbimierz in Poland’s southwestern Opole province.

Investment & finance

Adventum adds fourth building to Polish portfolio

schedule 28 May 2020
Nathan North
managing editor (English section)

POLAND Budapest/Malta-based investment fund manager Adventum International has acquired the Centrum Orląt office building in Wrocław from EFL Service for an undisclosed sum.

Investment & finance

Recovery faster than credit crunch - Savills

schedule 28 May 2020
Nathan North
managing editor (English section)

EUROPE European real estate investment activity is set to plummet by 50 pct before rebounding sharply within the next 12 months, according to Savills.

Aurovitas Pharma peers into lens factory

schedule 27 May 2020
Nathan North
managing editor (English section)

POLAND Aurovitas Pharma has leased more than 1,000 sqm in the Fabryka PZO building in Warsaw’s Prague-Południe district.

Property and Facility Management

C&W both PM and FM of Nowogrodzka Square

schedule 27 May 2020
Nathan North
managing editor (English section)

POLAND Cushman & Wakefield has been awarded a double mandate for the property and asset management of the Nowogrodzka Square building in Warsaw.

Office & mixed-use development

Alcon sees clear path into BB Centrum

schedule 27 May 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC Alcon Pharmaceuticals has leased more than 1,000 sqm in building B of the BB Centrum office park in Prague 4.

Investment & finance

EPG buys 12.3 pct stake in Capital Park

schedule 27 May 2020
Nathan North
managing editor (English section)

POLAND Stockholm-based real estate investor and fund manager Europi Property Group has acquired a 12.31 pct stake in Polish office and mixed-use developer Capital Park.

Infrastructure

EUR 30 mln Prague Airport job for Eurovia and Hochtief

schedule 27 May 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC A consortium comprising Eurovia and Hochtief has been awarded a CZK 835 mln (app. EUR 30.826 mln) contract to expand the second terminal and construct a new runway parallel to it at Václav Havel – Ruzyně Airport in Prague.

Public buildings

Coventry coming to Wrocław in September

schedule 27 May 2020
Nathan North
managing editor (English section)

POLAND Coventry University’s new Wrocław campus will be ready to welcome its first intake in September, subject to the Polish government lifting Covid-19 restrictions.

Retail & leisure

Four-fifths of Polish shoppers feel safe in malls

schedule 26 May 2020
Nathan North
managing editor (English section)

POLAND In a study conducted by research body Inquiry for the Polish Council of Shopping Centres (PRCH), 51 pct of those surveyed visited shopping centres in the first week after they reopened with the lifting of certain pandemic measures.

Retail & leisure

KappAhl returns to Silesia with Libero opening

schedule 26 May 2020
Nathan North
managing editor (English section)

POLAND Swedish clothing brand KappAhl has opened a 550 sqm store in the Libero shopping centre in Katowice.

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