News
Interior design
Indivi-dual and minimalist
EUROPE The Indivi sofa from BoConcept is celebrating its 20th anniversary this year. It is the creation of Anders Nørgaard, who has been contributing designs for the Danish brand for 20 years.
Interior design
Tétris walls Japanese-style
POLAND The newly opened Menya Musashi Japanese restaurants in Warsaw and Gdańsk feature walls dominated by raw concrete and hand-made decorations.
EurobuildCEE
High five of the week
EUROBUILD CEE The real estate market seems not to have gone on holiday. We are seeing big transactions and other important events, which has also been reflected in this weeks Top 5 most popular stories published by Eurobuild CEE.
Retail & leisure
North Face concept unveiled
WORLD The North Face has unveiled its global retail strategy, with the opening of a new store in New York.
Hotels
Hilton Garden Inn to come to Toruń
POLAND Hilton has signed a franchise agreement with Satoria subsidiary PPI Polskie Projekty Inwestycyjne, to open the Hilton Garden Inn Torun Old Town hotel with 132 rooms. The hotel will be managed by VHM Hotel.
Trade down
EUROPE The Eurostat’s first estimate for the volume of exports from the euro area (EA19) to the rest of the world in June 2019 was EUR 189.9 bln, down 4.7 pct y-o-y.
Architecture and urban planning
Chapman Taylor designs media centre
RUSSIA Chapman Taylor has produced two concept designs for a state-of-the-art media centre in St Petersburg.
EA7 makes Russian debut
RUSSIA Emporio Armani owned brand EA7 has entered the Russian market with opening a 200 sqm store in the the Mega Teply Stan shopping centre in Moscow and has become part of the centre’s fashion cluster, which is a 3,000 sqm multibrand department store including international brands such as Karl Lagerfeld, Marc Cain, Liu Jo, Tommy Hilfiger, Hugo Boss and MaxMara Weekend.
Atrium undervalued says Letko
CEE REGION Investment manager Letko Brosseau & Associates has declared its intention to vote against Gazit Globe’s buyout of Atrium European Real Estate, in which it controls a 2.4 pct stake making it the second largest shareholder in the company.
Etalon completes Leader-Invest purchase
RUSSIA Etalon Group has completed the purhcase of the remaining 49 pct stake in residential developer Leader-Invest from Sistema for RUB 14.6 bln.
Office & mixed-use development
Raiffeisenbank orders 34,000 sqm BTS from Etalon
RUSSIA Raiffeisenbank has appointed Etalon Group to build a 34,000 sqm office project in the Nagatino I-Land business park outside the third ring road in Southern Moscow.
Baltic Horizon increases in value
EUROPE Tallinn based Baltic Horizon Fund has increased its net asset value per unit to EUR 1.3451. As of the end of July the value increased by 0.52 pct m-o-m.
Investment & finance
Rents go up across CEE
EUROPE Office, retail and logistics rents increased in the second quarter of 2019 across the CEE region, according to the DNA of Real Estate report by Cushman & Wakefield.
Construction
Svilengrad enters the world of gambling
BULGARIA US investor BC Industries has started contruction work on a casino complex in Svilengrad near the borders with Turkey and Greece in an investment of around EUR 150 mln.
Investment & finance
Echo takes over Immofinanz office buildings
POLAND Immofinanz has sold a section of its Empark office development in Warsaw's Służewiec business district to Echo Investment. Prior to the deal, the Austrian investor had drawn up a concept design for a number of the buildings on the 1.17 ha plot to be pulled down to make way for a new residential development.
Investment & finance
Skanska sells second Nowy Rynek building
POLAND Skanska has sold the second building that it is developing in its Nowy Rynek office complex in Poznań to Corum Asset Management for EUR 36 mln.
Investment & finance
Centrum Krakov sold
CZECH REPUBLIC Wood & Company has acquired the Centrum Krakov mall in Prague. The sellers were the Syner Group as well as private investors Petr Syrovátko and Karel Zetka.
Residential
Sales begin for BW Aria
SERBIA Belgrade Waterfront has begun apartment sales for the BW Aria building, the tenth to be built in the project.
Bilfinger maintains course
EUROPE Bilfinger has announced a EUR 6 mln net loss in the second quarter of the year, compared to an EUR 11 mln profit in Q2 2018 despite revenue growing by 8 pct to EUR 1.15 bln compared to EUR 1.06 bln the year before. Adjusted EBITA improved by 47 pct to EUR 17 mln.
Office & mixed-use development
Instapage chooses Prosta
POLAND Internet marketing firm Instapage has leased 700 sqm of office space at the Prosta Office Centre in Warsaw’s Wola district.
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
Bank Millenium finances solar farms
Pad Res, a Polish developer and investor in renewable energy, has secured a PLN 107.1 mln loan from Bank Millennium. The funds will be used for the op ...
GCP granted EUR 322 mln loan
Panattoni buys former paint factory
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
Katowice to exchange mine for Technology hub
The Shaft Katowice – Silesian Hub for Advanced Future Technologies complex is to be built on the site of the Wieczorek coal mine in Katowice. Strabag ...
Office market in Warsaw remains stable
Shiji stays on in Silesia Business Park
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
City Park expands to 45,000 sqm
Construction work has begun on a new 10,000 sqm building in City Park Warsaw, which will comprise SBUs with office and warehousing space. Upon complet ...
