HUNGARY The number of nights spent by foreign guests in Hungarian hotels and other commercial board slumped by 68 pct y-o-y in March, chiefly due to the pandemic, according to the latest figures from the Hungarian Central Statistical Office (KSH).
POLAND Mirbud’s contract has been finalised for the construction of a Bi1 grocery hypermarket and petrol station next to the Karuzela shopping centre in Ełk in northeastern Poland.
Office & mixed-use development
POLAND In the next few weeks two developments under construction in central Warsaw are set to surpass 200m in height.
Retail & leisure
POLAND The Silesia Outlet centre has been reopened and renamed Factory Gliwice.
Office & mixed-use development
POLAND The investment volume for Warsaw offices rose by 44 pct y-o-y to EUR 438.6 mln in the first quarter, according to Cushman & Wakefield’s Q1 figures for the city’s office market. The consultancy also insists that fears of over-supply in the wake of the pandemic are unfounded and that the market should soon be able to re-balance itself.
Warehouse & industrial
POLAND Terg, the Polish owner of consumer electronics retail chain Media Expert, has leased 1,800 sqm of warehouse, office and social space in Prologis Park Poznań III.
Coronavirus
POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.
EUROPE Finnish industrial equipment supply company Metso Corporation has been granted a EUR 100 mln, two-year term loan from Nordea Bank, to help prepare for the impact of the Covid-19 pandemic on its business. The loan is expected to be drawn soon.
Warehouse & industrial
POLAND Polish logistics company Uniq Logistic has leased more than 5,700 sqm in MLP Pruszków II on Warsaw’s western outskirts.
Property and Facility Management
POLAND Colliers International has taken over the management of two new buildings in the High5ive office complex in Kraków.
Investment & finance
SLOVAKIA/POLAND Slovakian developer Penta Real Estate has closed the sale of three office buildings since the beginning of the year.
Investment & finance
CEE REGION Atrium European Real Estate has reported a 21.4 pp fall in net rental income for Q1 2020.
Retail & leisure
POLAND The Polish Council of Shopping Centres (PRCH) has appealed to the Polish government to raise the ban on Sunday trading and to redeem and cancel 2020/21 property and shopping centre taxes payment to allow the retail sector to recover from the Covid-19 lockdown.
Human resources
POLAND/WORLD As employers prepare to allow their staff to return to their offices, a recent study by JLL points out that the process will have to be done gradually and certain safeguards and revised practices will have to be in place.
Construction
POLAND Construction work has been completed on the structure of Generation Park Y in Warsaw, which forms part of Skanska’s Generation Park complex in the city’s Wola-Centrum district.
Property and Facility Management
POLAND Cushman & Wakefield has been chosen to manage The Warsaw Hub complex in Warsaw, where the company will also be occupying 2,500 sqm office space.
Office & mixed-use development
POLAND Property management specialists MVGM will be moving into 1,000 sqm of the MyHive Crown Point building in Warsaw next year.
CZECH REPUBLIC The net take-up for Czech industrial properties in Q1 2020 was significantly down at 93,600 sqm – a decrease of 63 pct both q-o-q and y-o-y, according to the latest figures published by Industrial Research Forum.
Warehouse & industrial
POLAND Green Factory Logistics is investing in a new warehouse for handling slope processes in Błonie, about 30 km west of Warsaw city centre.
SLOVAKIA In the first quarter of the year, the total office stock of A and B class office buildings in Bratislava remained unchanged at around 1.83 mln, according to the Bratislava Research Forum. However, ten buildings scheduled for completion in 2020 or 2021 are under construction in the city. These projects would are set to add app. 130,000 sqm of office space to the Bratislava market.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
Monting Development, a company set up by Danilo Djurović and Poland’s most famous footballer Robert Lewandowski, has hit the headlines recently (as we ...
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.
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 ...
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 ...
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Kingstone Real Estate has entered into a partnership with French investment fund and asset manager Iroko. The partners intend to identify properties i ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Consultancy OPG Property Professionals has been appointed to manage the Lixa D office building in Warsaw. The contract term is for three years.
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Zeitraum has become the operating partner of the first major serviced apartment project in Bratislava under development by Lucron in the city's Nesto ...
Era Park has now opened in Kosakowo, near Gdynia. The retail park is on the Gdynia-Rewa road, directly next to an existing Lidl supermarket, as well a ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...