News
Hotels
Office block to turn into hotel
POLAND Re-construction work on the former Projprzem Makrum office building in central Bydgoszcz has started. The building is to be completely transformed into a three-star Focus Hotel, becoming the 12th hotel of the chain, which is owned by Polish group Immobile.
Investment & finance
BNP finances React
POLAND BNP Paribas Bank Polska has given a loan of over EUR 19 mln to Echo Investment for the construction of the first office building of the React office complex, which is being developed at the corner of ul. Kilińskiego and al. Piłsudskiego in Łódź.
Kik with even more Kik
POLAND Kik has opened a store of 640 sqm in Świecie, as well as a new stores in Krapkowice (a town between Katowice and Wrocław) and Toruń
Orbis before split
POLAND Orbis saw like-for-like growth in its EBITDA of 19.3 pct to EUR 51 mln in its H1 financial results. The Eastern Europe region remained strong with 5 pct RevPAR growth.
Architecture and urban planning
Central Station enters monumental era
POLAND Warszawa Centralna [Warsaw Central] station has been listed as a registered monument and thus is now covered by a protection order. The decision should preserve the structure of the modernist station and its spatial layout in its existing form.
Residential
Vantage in the centre of Wrocław
POLAND Vantage Development has opened the apartment sales process for its Legnicka 33 development in Wrocław.
Residential
Resi-market keeps its balance
POLAND The downward trend is continuing for home purchases and new supply, according to JLL’s latest Residential Market in Poland report for Q2 2019. However, increasing prices are allowing developers to maintain satisfactory margins, since they are not falling at the same rate as the number of transactions.
More sales for Etalon
RUSSIA In H1, Etalon saw a 41 pct y-o-y increase in new contract sales to RUB 38.7 bln [app. EUR 532 mln] with a 23 pct increase in space sold to 322,212 sqm.
Retail & leisure
Leases signed in Arkady Wrocławskie
POLAND A number of tenants have signed leases for space in the Arkady Wrocławskie mall in Wrocław.
Office & mixed-use development
Expeditors move into garden
POLAND Logistics services firm Expeditors has moved into its new Polish headquarters in the Business Garden office complex in Warsaw, where the company has leased 660 sqm.
Retail & leisure
Reserved goes big in Zielona Góra
POLAND The Reserved store in Focus Mall in Zielona Góra has been renovated. The store, owned by Poland based LPP, also has been enlarged by 1,366 sqm and now occupies 2,996 sqm, making it the largest Reserved store in the country.
UOKiK gives a Real wigging
POLAND Office of Competition and Consumer Protection [UOKiK] has ruled that the Real hypermarket chain has abused its market position to squeeze its suppliers by delaying payment for goods beyond the deadlines laid down by law.
Warehouse & industrial
Panattoni completes Hydroline plant
POLAND Panattoni Europe has completed the construction of a factory in Stargard for Hydroline, a Finnish manufacturer of hydraulic cylinders.
Retail & leisure
Ingka opens EUR 7.5 mln entertainment zone
RUSSIA Ingka Centers, the manager of the IKEA brand, has opened a 1.35 ha outdoor entertainment area in front of its Mega Ekaterinburg mall in central Russia.
Office & mixed-use development
Sustainalytics moves to Unirii View
ROMANIA Sustainalytics, an environmental ratings agency has leased 1,000 sqm on the tenth floor in Unirii View building in Bucharest.
Retail & leisure
Renovation work begins on Ogrody
POLAND Tétris, as the general contractor, has begun renovation work on the Ogrody shopping centre in Elbląg, which includes the restaurant area and relaxation zones.
Residential
Apartments for rent in Pacific Residence
POLAND The Decoroom studio has been chosen to create the design concept for the apartments in the Pacific Residence in Warsaw’s Powiśle district.
Retail & leisure
Vendo Park to be built in Bolesławiec
POLAND Trei Real Estate is planning to build a Vendo Park retail park in Bolesławiec to the west of Wrocław.
Good June for retail
EUROPE Retail trade volume increased across the EU in June by 1.2 pct m-o-m and 2.8 y-to-y, according to estimates from Eurostat, the statistical office of the European Union.
Office & mixed-use development
Dell stays in Cubus
SLOVAKIA Computer manufacturer Dell has renegotiated its lease of over 20,000 sqm in the Cubus office centre in Bratislava.
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 ...
