News

Investment & finance

R22 invests in hotel platform

schedule 24 January 2020
Eurobuild CEE

POLAND R22 has invested around PLN 30 mln in Profitroom for a 33 pct stake in the company.

Investment & finance

Vantage sold

schedule 24 January 2020
Eurobuild CEE

POLAND TAG Immobilien group has bought all 48,561,706 shares of Wrocław-based developer Vantage Development.

Residential

Financing for Start

schedule 23 January 2020
Opr./edited by TC

POLAND Inpro has secured an operating loan from Mbank of up to PLN 31.5 mln.

Office & mixed-use development

Wadowicka 3 enters final stage

schedule 23 January 2020
Opr./edited by AKL

POLAND Kraków-based Buma group is starting the third and final stage of its Wadowicka 3 project in Kraków’s Podgórze district.

Warehouse & industrial

Smart roofs from Segro

schedule 23 January 2020
Rafał Ostrowski
journalist

POLAND Segro is planning to introduce intelligent roof surface monitoring in each of its Polish warehousing parks by the end of the year.

Retail & leisure

Busy year ahead for Gemini

schedule 23 January 2020
Opr./edited by AKL

POLAND This year promises to be a busy time for Gemini Holding, with the expansion of Gemini Park Tychy and the refurbishment of its two other shopping centres in Tarnów and Bielsko-Biała as well as improvements to tenant mixes and further investment plans.

Warehouse & industrial

Raben still expanding

schedule 23 January 2020
Opr./edited by TC

POLAND/GERMANY German logistics provider Raben Group generated EUR 1.2 bln in revenue in 2019 – an increase of 8 pct y-o-y.

Public buildings

Smarter and more exotic

schedule 23 January 2020
Opr./edited by TC

POLAND Sosnowiec city council has announced a tender for the construction of the Centrum Edukacji Ekologicznej – Egzotarium environmental education centre.

Investment & finance

European construction rises

schedule 23 January 2020
Eurobuild CEE

EUROPE In November 2019, seasonally adjusted production figures for the construction industry in the European Union increased by 1.1 pct m-o-m, according to Eurostat, the statistical office of EU.

Office & mixed-use development

Skanska tweaks tower design

schedule 23 January 2020
Tomasz Szpyt-Grzegórski

POLAND Skanska has unveiled new visualisations of the 140m tower it is developing on the Rondo Daszyńskiego roundabout in central Warsaw. Some changes have also been made to the layout of the interiors and the space around the building.

Investment & finance

Prologis sees earnings drop

schedule 23 January 2020
Eurobuild CEE

WORLD Prologis recorded net earnings of USD 1.567 bln in 2019, down from USD 1.643 a year earlier. Net earnings per diluted share were USD 2.46 compared with USD 2.87 in 2018.

Retail & leisure

Aleja to open in March

schedule 23 January 2020
Eurobuild CEE

SLOVENIA The Aleja shopping centre under development by SES Spar European Shopping Centers in Ljubljana’s Šiška district is to open on March 19th 2020.

Investment & finance

Galerija Centrs sale tops Latvian investment ranking

schedule 23 January 2020
Rafał Ostrowski
journalist

LATVIA The sale of the Galerija Centrs in Riga by Linstow to Baltic Horizon Fund topped the Top 10 largest real estate investment deals in 2019 in the country, according to Colliers International.

Warehouse & industrial

Panattoni to build again near Białystok

schedule 23 January 2020
Alex Hayes
journalist

POLAND Panattoni Europe has fully leased Panattoni Park Białystok I and has announced that it is to develop 35,000 sqm in Panattoni Park Białystok II to be delivered this year.

Retail & leisure

Brest needs implant – of capital

schedule 22 January 2020
Tomasz Cudowski
editor-in-chief

BELARUS The Ministry of Economy has put up for sale two existing shopping centres in Brest.

Inpost turns it up to eleven

schedule 22 January 2020
Opr./edited by TC

POLAND Inpost is to open a 9,100 sqm sorting plant in KJF Park Balice in the greater Kraków area.

Retail & leisure

Biedronka and Jysk in Tarnovia

schedule 22 January 2020
Opr./edited by AKL

POLAND Biedronka is the new grocery anchor of Galeria Tarnovia in Tarnów. Cream Property Advisors has also secured Jysk as a tenant of the centre, adding a home and garden store to its tenant mix.

Investment & finance

M7 sells three Polish assets

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND British investor M7 Real Estate has sold two office buildings in Poznań and Zgorzelec Plaza in western Poland on behalf of its PVBRI vehicle.

Investment & finance

KGAL buys Prosta Office Centre

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND German investment and asset managment company KGAL has bought the Prosta Office Centre building in Warsaw’s Wola district from Cromwell Property Group for one of its real estate funds.

Investment & finance

South-African investor buys Obi stores

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND South-African investor Marr Holdings has bought two stores leased to DIY store OBI in Gdańsk and Łódź from Chariot Group.

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