News
Immofinanz moves AGM to October
CENTRAL EUROPE Austrian-based real estate investor Immofinanz has decided to reschedule the 27th annual general meeting, originally planned for May 22nd, due to the Covid-19 pandemic.
Coronavirus
Aleja opening postponed
SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.
Ups and downs for Budimex
POLAND Budimex’s net revenue from the sales of products and materials amounted to slightly more than PLN 6.9 bln in 2019.
Coronavirus
BPI opens virtual sales office
POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.
Retail & leisure
Galeria Chełm (partly) opens
POLAND Only three stores have been able to open in the Galeria Chełm shopping centre, which had been scheduled to open in its entirety March 26th.
Coronavirus
Rent suspension in Sukcesja
POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.
Retail & leisure
Siedlce Stop Shop opens with three stores
POLAND Biedronka, Hebe and Dealz opened their first stores in Siedlce with the official opening of the Stop Shop Siedlce retail park on March 26th.
Construction
Constructors gloomiest for the last three years
POLAND Construction sector confidence levels fell for the twelfth consecutive month in March, according to the latest report by Spectis.
Office & mixed-use development
Six secured for AFI Vokovice
CZECH REPUBLIC Six new tenants have signed up for space in the AFI Vokovice office complex in Prague 6.
Investment & finance
Generali buys iconic Prague department store
CZECH REPUBLIC Generali Real Estate has acquired the Kotva department store in Prague for an undisclosed sum from Pražská Správa Nemovitostí (PSN) through its pan-European fund Generali Real Estate Asset Repositioning SA (GREAR). According to local media, the property changed hands for CZK 4 bln (app. EUR 150 mln), which would make it the largest real estate deal on the Czech market this year.
Aareal suspends dividends
CENTRAL EUROPE Aareal Bank’s management board has resolved to suspend the payment of dividends for the 2019 and 2020 financial years at least until October 1st 2020.
Warehouse & industrial
VS Transport takes 13,400 sqm at Panattoni Park Wrocław VII
POLAND Logistics operator VS Transport has leased 13,400 sqm at Panattoni Park Wrocław VII.
Office & mixed-use development
Two to lease Central Point
POLAND JLL and CBRE have been selected by Immobel Poland to be the leasing agents for its Central Point office development in Warsaw city centre.
EurobuildCEE
PLN 750 mln for research, construction and real estate
POLAND Applications for innovation grants from this year’s [Badania na Rynek] ‘Market Research’ competition can now be submitted to the Polish Enterprise Development Agency [PARP].
Coronavirus
Retailers join the fight
POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.
Investment & finance
Hines sells warehouse portfolio and Nord Point
POLAND Hines Poland Sustainable Income Fund (HPSIF), an investment fund managed by Hines Polska, has finalised the sale of a portfolio of six distribution parks and the Nord Point office building in Warsaw’s Białołęka district to CGL Investment Holdings Corporation Limited.
Residential
Echo makes its digital mark
POLAND Echo Investment has launched its new online viewing and booking system for residential sales.
Residential
Four seasons – the prelude
BELARUS Tenkinvest has started construction of the 4 Sezona [Four Seasons] residential estate in Minsk. As the Belarusian currency is vulnerable to rapid devaluation, the developer has frozen the apartment prices in rubles.
Coronavirus
Carrefour donates PLN 2 mln to fight pandemic
POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.
Property and Facility Management
Real estate tax suspended for Warsaw
POLAND Warsaw mayor Rafał Trzaskowski has decided to suspend individual decisions on the amount of property tax due for 2020.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
B10 takes WiredScore Platinum
The B10 office building in Wrocław, owned by Vastint Poland, has been certified with a WiredScore Platinum rating. The certification is an assessment ...
Moderna Office goes Platinum
GTC teams up with Paul
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
Eye to eye
Eye to eye… with Władysław Grochowski
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Romanian hotel market continues to recover
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Pbb lends EUR 40 mln to to Resolution Capital Management
Deutsche Pfandbriefbank AG (pbb) has granted an investment loan facility of EUR 40 mln to an office fund to finance the acquisition of two neighbourin ...
Stable investment over H1
CEE growing vigorously
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Atlas Estates secures major loan from Bank Pekao
Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial inst ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Vacancies squeezed by supply across the regions
High demand is reducing the available space in regional office markets, says CBRE. A growing divide is now visible between prime properties and the re ...
Katowice swaps mine for technology hub
Office market in Warsaw remains stable
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
PBSA market set to grow rapidly
Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Fra ...
Zeitraum – Racławicka to open for next semester
Noli Studios Gdansk Old Town unveiled
Retail & leisure
Romania attractive to foreign retailers
Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real est ...
Supernova expansion for Eleport
Scallier to take on five more retail parks
Technology
Velis has a new name
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
Egelhof starts production in Radom
The Egelhof Group is to open its first factory in Poland. The modern 14,000 sqm plant is to be built in the B1 Park in Radom, with production to start ...
