News

Coronavirus

Rents to rise across the region

schedule 27 March 2020
Alex Hayes
journalist

CEE REGION European currencies not pegged to the Euro have all fallen by around 10 pct with the exception of the Romanian leu.

Warehouse & industrial

Panattoni to build A2 East Warsaw

schedule 27 March 2020
Alex Hayes
journalist

POLAND Panattoni has announced that it is to construct the A2 East Warsaw Park in the village of Duchnów about 24 km from the Warsaw city centre.

Office & mixed-use development

7,500 sqm lease in Váci Greens

schedule 26 March 2020
Eurobuild CEE

HUNGARY An undisclosed software development company has pre-leased 7,500 sqm of office space in building E of the Váci Greens development in Budapest.

Hotels

Orbis brings Tribe to Kraków

schedule 26 March 2020
Opr./edited by AKL

POLAND Polish hotel operator and developer Orbis is to buy a 595 sqm plot of land at ul. Worcella 6 in Kraków's old t willown for PLN 9.2 mln net.

Architecture and urban planning

Erbud to build Bydgoszcz estate

schedule 26 March 2020
Opr./edited by AKL

POLAND Erbud has been awarded a PLN 37.2 mln net contract with Kalisz-based Colian Developer for the construction of a residential project at ul. Garbary 5 in Bydgoszcz.

Coronavirus

Cemat’70 joins fight against the virus

schedule 26 March 2020
Eurobuild CEE

POLAND Cemat'70, which provides office and warehouse space on ul. Wólczyńska in Warsaw’s Bielany district, is to contribute towards the purchase of protective masks and clothing for hospitals, medical services and non-governmental organisations.

Retail & leisure

Better February for small shops

schedule 26 March 2020
Eurobuild CEE

POLAND The Polish Chamber of Commerce [PIH] has announced that this year’s turnover for small-format stores increased by 11.2 pct in February y-o-y and the total number of transactions went up by 3 pct.

Coronavirus

Poland under state of epidemic

schedule 26 March 2020
Eurobuild CEE

POLAND Polish Prime Minister Mateusz Morawiecki has announced the introduction of a ‘state of epidemic’ due to the spread of Covid-19.

Investment & finance

Echo sees PLN 300 mln profit

schedule 26 March 2020
Eurobuild CEE

POLAND Development company Echo Investment has recorded a net profit PLN 300 mln for the full-year of 2019.

Investment & finance

GLL buys another 7R warehouse

schedule 26 March 2020
Alex Hayes
journalist

POLAND A joint venture of 7R and Hillwood has sold a warehouse building in 7R Park Kraków to GLL Real Estate Partners for an undisclosed price.

Futureal promises money to the coronavirus cause

schedule 26 March 2020
Eurobuild CEE

HUNGARY Futureal and Cordia have decided to donate HUF 250 mln (over EUR 700,000) for the fight against the coronavirus epidemic.

Office & mixed-use development

C&F takes more of Tulipan House

schedule 26 March 2020
Eurobuild CEE

POLAND Data management company C&F has increased the office space it occupies in the Tulipan House building in Warsaw from 1,300 sqm to 2,150 sqm and has extended its lease agreement for a further five years.

Investment & finance

Swedes buy into Capital Park

schedule 26 March 2020
Eurobuild CEE

POLAND Capital Park has announced that Swedish group Europi Property has bought a 12.27 pct in the company (13,301,161 shares).

Coronavirus

Napollo reaches out to tenants

schedule 26 March 2020
Eurobuild CEE

POLAND Napollo, the owner and manager of the N Park retail park brand has reduced the rents of its tenants, whose stores have been shut since March 14th, by 10 pct. The company has also offered a two-week rent holiday in April.

Warehouse & industrial

Panattoni goes BREEAM

schedule 25 March 2020
Eurobuild CEE

POLAND Panattoni Europe has announced that it will certify all of its logistics parks to be developed in 2020 under BREEAM to a ‘Very Good’ rating standard

Office & mixed-use development

Poznań has over 500,000 sqm of office space

schedule 25 March 2020
Eurobuild CEE

POLAND Poznań’s office stock increased by nearly 18 pct to 564,800 sqm in 2019, according to Cushman & Wakefield. Over the period ten office buildings totalling 85,700 sqm were delivered to the market.

Investment & finance

CPI takes Moniuszki tower

schedule 25 March 2020
Alex Hayes
journalist

POLAND CPI Property Group has bought the Moniuszki 1A office building in Warsaw.

Coronavirus

No MIPIM in Cannes this year

schedule 25 March 2020
Alex Hayes
journalist

EUROPE MIPIM is to hold a two-day event in Paris in September. It is also unveiling its MIPIM Connect online experience, which will be open all year round.

Warehouse & industrial

CTP buys 57,000 sqm Bucharest Park

schedule 25 March 2020
Alex Hayes
journalist

ROMANIA CTP has purchased Equest Logistic Park near Bucharest for around EUR 30 mln from Forum Serdika.

Warehouse & industrial

MLP starts second German park

schedule 25 March 2020
Alex Hayes
journalist

EUROPE Polish Warehouse developer MLP is continuing its expansion onto the German market.

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