News

Investment & finance

Kraków Old Town building for sale

schedule 27 August 2019
Eurobuild CEE

POLAND Bank Pekao has put up for sale a listed tenement building at the junction of the Rynek Główny main square and ul. Szewska in Kraków’s Old Town.

Warimpex in the green

schedule 27 August 2019
Rafał Ostrowski
journalist

EUROPE Warimpex Finanz-und Beteiligungs recorded a EUR 17.9 mln profit in H1, compared to a EUR 4.3 mln loss a year earlier. As the company explains, this can be attributed primarily to property sales, valuation gains and exchange rate gains.

Construction

Moris to build KTO theatre

schedule 26 August 2019
Eurobuild CEE

POLAND Moris Polska has been chosen as the general contractor for the construction of the Krakowski Teatr Osobliwości (KTO) theatre, which is to be built at ul. Jana Zamoyskiego 50 in Kraków.

Construction

Bouygues starting another Wrocław project

schedule 26 August 2019
Eurobuild CEE

POLAND Bouygues Immobilier is about to complete the demolition of the former nursery school no. 45 on ul. Kręta in Wrocław’s Nadodrze district to make space for its Zajezdnia Wrocław residential project.

Hotels

MGallery opens in Wroclaw

schedule 26 August 2019
Eurobuild CEE

POLAND Accor group and Tacit Investment have opened the Bridge Wroclaw hotel on Plac Katedralny cathedral square in Wrocław.

PLN 400 investment in Łódź Kaliska

schedule 26 August 2019
Eurobuild CEE

POLAND Polish State Railways (PKP PKL) have contracted Poznań-based construction company Torpol for a PLN 406.8 mln redevelopment of the Łódź Kaliska station.

Construction

Grimbud to build Nowa 5 Dzielnica

schedule 26 August 2019
Eurobuild CEE

POLAND Centrum Nowoczesnych Technologii has chosen Grimbud as the general contractor for a residential building which will be built as part of the second stage of the Nowa 5 Dzielnica project in Kraków.

Two candidates for Akademia

schedule 26 August 2019
Eurobuild CEE

POLAND Two companies have submitted their bids for the first stage of the refurbishment of the Zamoyski Academy in Zamość.

Skanska sets up Central European unit

schedule 26 August 2019
Rafał Ostrowski
journalist

CEE REGION Skanska has announced that it will merge its Polish and Czech/Slovak construction operations into one business unit, to be called Skanska Central Europe.

Office & mixed-use development

EY to Imagine

schedule 26 August 2019
Rafał Ostrowski
journalist

POLAND EY has signed a five-year lease for 3,015 sqm in the Imagine office complex in Łódź, which is being built by Avestus Real Estate.

Investment & finance

EUR 52 mln loan for Warburg

schedule 26 August 2019
Rafał Ostrowski
journalist

HUNGARY PBB Deutsche Pfandbriefbank has provided a EUR 52 mln investment and VAT loan to an open-ended special alternative fund managed by Warburg-HIH Invest Real Estate for the purchase of the White House office building in Budapest.

Czech investment to exceed EUR 3 bln

schedule 23 August 2019
Eurobuild CEE

CZECH REPUBLIC The commercial real estate investment volume in the Czech Republic could exceed EUR 3 bln this year, according to Cushman & Wakefield. After a good H1, when EUR 1.74 bln in real estate was transacted, the market in the second half of the year is also expected to thrive.

Patisha changes hands

schedule 23 August 2019
Eurobuild CEE

POLAND Bulgarian civil engineering company Patisha AD has sold 90 pct of its shares to Zavodski Stroeji PS Pazardzhik, the oldest construction company in Pazardzhik region.

EurobuildCEE

The top 5 hottest stories of the week

schedule 23 August 2019
Rafał Ostrowski
journalist

EUROBUILD CEE As is now customary, the top places in our weekly sum-up are occupied by investment deals, including those that have been accomplished or are still planned - and even those that failed to happen.

Interior design

Kraków facelift for Warsaw Radisson

schedule 23 August 2019
Anna Pakulniewicz

POLAND The interiors of the Radisson Collection (formerly the Radisson Blu) in Warsaw have recently been completed, according to designs by Kraków-based studio Iliard Architecture & Interior Design.

Retail & leisure

KiK starts in City Point Tychy

schedule 23 August 2019
Opr./edited by AKL

POLAND German clothing chain KiK is to open a store in City Point Tychy.

Retail & leisure

White Bear looking for entrepreneurs

schedule 23 August 2019
Opr./edited by AZ

POLAND A White Bear Coffee shop has opened at ul. Henryka Sienkiewicza 6 in Bialystok – the first store of a new brand created by two local companies: Koku Sushi and Mobilny Barista.

Public buildings

National Health Fund open to smaller towns

schedule 23 August 2019
Opr./edited by AZ

POLAND The first shared services centre (CUW) of the National Health Fund (NFZ) in Poland is to open in Chełm in eastern Poland. It is designed to process electronic applications for the issuing of the European Health Insurance Card (EHIC) from across the entire country.

Warehouse & industrial

Egger eager to go eco

schedule 23 August 2019
Opr./edited by TC

POLAND The Egger factory in Biskupiec in north-eastern Poland, one of the largest greenfield projects in the country, has now been put into operation.

Romania outperforming the rest of the region

schedule 22 August 2019
Nathan North
managing editor (English section)

ROMANIA The Romanian real estate market has recorded good results for H1 2019, with more dynamic activity in the office and investment segments than in some of its neighbours in the CEE region, according to Colliers International Romania.

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