News

Investment & finance

Q Hotel takes over party headquarters

schedule 30 May 2019
Eurobuild CEE

POLAND Polish Q Hotel chain has purchased the headquarters of the Law and Justice [PiS] party at ul. Nowogrodzka 84/86 in Warsaw.

Hotels

Stone laid for Moxy

schedule 30 May 2019
Anna Pakulniewicz

LITHUANIA The foundation stone has been laid for a Moxy hotel in Kaunas, by the project’s general contractor Mitnija.

Office & mixed-use development

Two further office blocks for Koneser

schedule 30 May 2019
Eurobuild CEE

POLAND The construction of the next stage of the Centrum Praskie Koneser mixed-use complex in Warsaw has begun.

Investment & finance

Yit starts project of over EUR 300 mln

schedule 30 May 2019
Anna Pakulniewicz

SLOVAKIA Yit Slovakia has bought a 3.9 ha plot in the Nivy area of Bratislava. The plot is the site of a former prefabricated concrete factory in the city’s Ružinov district.

Retail & leisure

GTC opens Ada

schedule 30 May 2019
Rafał Ostrowski
journalist

SERBIA GTC has opened its first shopping centre in Serbia. Ada Mall on Radnička street in Belgrade has a retail area of 34,000 sqm.

Office & mixed-use development

Santander with record in Lublin

schedule 30 May 2019
Anna Pakulniewicz

POLAND Santander Bank Polska has leased nearly 5,000 sqm of office space in building A of CZ Office Park at the junction of ul. Nałęczowska and al. Kraśnicka in Lublin.

Baltic to buy Galerija Centrs

schedule 29 May 2019
Eurobuild CEE

LATVIA The Baltic Horizon Fund, managed by Northern Horizon Capital, has signed a preliminary agreement to buy all the shares of Tampere Invest SIA, which owns the Galerija Centrs shopping centre in Riga’s Old Town from Linstow for EUR 75 mln.

Warimpex sees profits rise

schedule 29 May 2019
Eurobuild CEE

EUROPE Warimpex has regestered a EUR 11.8 mln profit for Q1 2019, which compares to a EUR 3 mln loss in the same period of the previous year. The company attributes the improvement to higher gains on property sales and exchange rate gains.

Investment & finance

Focus plans expansion

schedule 29 May 2019
Rafał Ostrowski
journalist

POLAND/SLOVAKIA/CZECH REPUBLIC Focus Estate Fund has announced its plans to enter the Slovak market as well as to double the size of its current portfolio over the next two years.

Residential

Quarters co-living enters Poland

schedule 29 May 2019
Anna Pakulniewicz

POLAND Coliving space provider Medici Living Group is expanding into Poland.

Strong Q1 for Immofinanz

schedule 29 May 2019
Anna Pakulniewicz

EUROPE Immofinanz has recorded a rental income of EUR 65.2 mln in Q1 2019, up 10.5 pct y-o-y.

Warehouse & industrial

Panattoni goes speculative in Pruszków

schedule 29 May 2019
Anna Pakulniewicz

POLAND Panattoni Europe has launched the construction of Panattoni Park Pruszków IV near Warsaw.

Investment & finance

Why invest in Poland?

schedule 29 May 2019
Anna Pakulniewicz

POLAND Foreign investment in Polish cities is mainly dependent on their labour, their infrastructure, the availability of office space and how well the market supports local businesses according to the ‘Business Environment Assessment Study’ published by Antal, which examined the business environments of Warsaw, Wrocław, Poznań, Łódź, the Tri-City, Kraków, Szczecin and Lublin.

Office & mixed-use development

Chmielna 89 under construction and with tenants

schedule 29 May 2019
Anna Pakulniewicz

POLAND Already 20 pct of the space in the Chmielna 89 has been leased out, developer Cavatina told 'EurobuildCEE'.

Investment & finance

Cinema 3D joins Multikino

schedule 29 May 2019
Anna Pakulniewicz

POLAND The final sale agreement of the Cinema 3D cinema portfolio has been signed.

Knight Frank busy in Dębiec

schedule 27 May 2019
Eurobuild CEE

POLAND Knight Frank has been appointed asset manager, property administrator and leasing agent of the Galeria Dębiec shopping centre in Poznań.

Panattoni enters Zabrze

schedule 27 May 2019
Eurobuild CEE

POLAND Panattoni Europe has started the development of its first logistics project in Zabrze. Panattoni Park Zabrze will include three buildings with a total of 64,200 sqm of space.

White Star to start Budapest project

schedule 27 May 2019
Eurobuild CEE

HUNGARY White Star Real Estate is planning to start the construction of the park22 office and warehouse project adjacent to the Campona Shopping Centre in southern Budapest.

Record warehouse pipeline

schedule 27 May 2019
Eurobuild CEE

POLAND The amnount of warehouse space currently under construction amounts to 2.16 mln sqm, according to Cresa Poland’s “Occupier Insight Q1 2019 “ report. This is the country’s record for projects under construction.

Flex sector to grow by half

schedule 27 May 2019
Rafał Ostrowski
journalist

EMEA Flexible workspace in EMEA is to grow by over 50 pct by 2022, according to the “Flexible Workspace Outlook Report 2019” report by Colliers International.

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