News

Strong H1 results for Neinver

schedule 22 July 2019
Alex Hayes
journalist

EUROPE Neinver has announced that sales across its outlet centre portfolio grew to EUR 487 mln during the first half of the year, an 8 pct increase compared to the same period in 2018.

Property and Facility Management

Colliers take on Business Garden

schedule 22 July 2019
Alex Hayes
journalist

ROMANIA Colliers International is to provide property management services for the Business Garden Bucharest, developed by Vastint Romania, in the Orhideea area in Bucharest.

Benson acquires building on Chmielna

schedule 22 July 2019
Rafał Ostrowski
journalist

POLAND Benson Elliot Real Estate Partners IV fund has acquired the Chmielna 134 office building in central Warsaw from UBS Real Estate Kapitalanlagegesellschaf.

Hotels

Motel One debuts in Poland

schedule 22 July 2019
Eurobuild CEE

POLAND Munich based budget hotel group Motel One is to debut in Poland with the Motel One Warsaw-Chopin hotel on ul. Tamka in Warsaw.

Retail & leisure

Spar vs Spar: the battle continues

schedule 22 July 2019
Eurobuild CEE

POLAND The District Court in Kielce has dismissed the suit brought by Spar International to suspend the the ruling of May 16th 2019, ruling that the termination of the licensing contract held by Spar Polska was not lawful. The decision cannot be appealed.

Warehouse & industrial

M7 sells Aerozone Logistics Park

schedule 22 July 2019
Alex Hayes
journalist

HUNGARY M7 Real Estate has announced the sale of Aerozone Logistics Park in Budapest, Hungary JT Ross Group on behalf of its Central European Real Estate Fund I.

Hotels

Best Western goes East

schedule 22 July 2019
Eurobuild CEE

RUSSIA Best Western Hotels & Resorts is to open the Vertical We &I BW Signature Collection hotel on Malyye Kamenshchiki street (Малые Каменщики) in Moscow in August 2020.

Office & mixed-use development

Globalworth stays busy

schedule 22 July 2019
Eurobuild CEE

POLAND Since entering the Polish market a year and a half ago, Globalworth has signed lease agreements for almost 100,000 sqm, representing some 20 pct of the company's Polish property portfolio

Fewer units sold, more profit

schedule 22 July 2019

POLAND Dekpol has announced that it sold 227 residential units in H1 compared to 319 in the same period of the previous year.

Profits drop for Budimex

schedule 22 July 2019
Eurobuild CEE

POLAND Budimex has announced a consolidated net profit of PLN 44 mln for Q2 2019 down by PLN 21 mln (32 pct) on the same period of the previous year.

Slower Q2 but better H1 for Dom Development

schedule 22 July 2019
Opr./edited by TC

POLAND Dom Development group signed sales contracts for 836 units net over the last quarter and handed over 440 units, 57 pct less than a year earlier, whereas in the first half of the year the group sold 1,762 units (+7 pct year-on-year) and handed over more than 1,655 (+15 pct y-o-y).

Poland the place to invest

schedule 22 July 2019
Rafał Ostrowski
journalist

POLAND The Polish real estate market is growing ever more attractive as an investment destination, as reflected in the latest investment market figures, claims Deutsche Hypo in its latest Real Estate Special study.

Retail & leisure

More glasses for the masses

schedule 22 July 2019
Anna Korólczyk-Lewandowska
editor-in-chief

POLAND The Kodano Optyk optician chain is to open four more stores by the end of the year, as well as its first Warsaw outlet in The Warsaw Hub in 2020.

Green projects

Eco-living in Żoliborz

schedule 22 July 2019
Opr./edited by AZ

POLAND Go4energy has carried out analyses of the energy demand of the third stage buildings of Skanska’s Osiedle Mickiewicza residential development in Warsaw’s Żoliborz district.

Warehouse & industrial

Panattoni builds for dishwashers

schedule 22 July 2019
Alex Hayes
journalist

POLAND Panattoni Europe is building the Panattoni Appliance Park with 30,000 sqm gla within the Central European Logistics Hub in Łódź.

Investment & finance

Nordic Light Trio sold for EUR 41 mln

schedule 21 July 2019
Nathan North
managing editor (English section)

HUNGARY Skanska has sold the Nordic Light Trio office building in Budapest to South Korean real estate investment trust JR AMC for EUR 41 mln.

EurobuildCEE

The 5 hottest stories of the week

schedule 19 July 2019
Rafał Ostrowski
journalist

EUROBUILD CEE It was records, rankings and large transactions that dominated among the most popular stories last week:

Hotels

Ibis Styles Sarajevo opens

schedule 19 July 2019

BOSNIA AND HERZEGOVINA Ibis Styles has opened a hotel in Sarajevo with 192 guestrooms.

Retail & leisure

Dealz and Pepco open in Poznań

schedule 19 July 2019
Eurobuild CEE

POLAND Discount stores Pepco and Dealz have both signed leases in the Półwiejska 2 centre in Poznań.

Retail & leisure

Centrum Janki soon to reach full size

schedule 19 July 2019
Eurobuild CEE

POLAND The work, which began in March 2017, on the extension of Centrum Janki is nearing completion. The extension is scheduled to open at the end of the summer.

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