News
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.
Warehouse & industrial
Panattoni to start second Bydgoszcz park
POLAND Panattoni Europe is to develop the Panattoni Park Bydgoszcz II industrial complex, around 6 km east from the city’s centre. Construction is to start on the 40,000 sqm park in September. The first units are to be ready in Q1 2020.
Investment & finance
Klépierre to sell four malls to Indotek
HUNGARY The competition authorities (GVH) have approved the acquisition by Indotek of a number of shopping centres owned by the Klépierre group.
Hotels
Hilton Garden Inn opens at Bucharest airport
ROMANIA The 218-room Hilton Garden Inn Bucharest Airport has opened within the Henri Coandă International Airport complex in the town of Otopeni.
Office & mixed-use development
Banca Comercială Română to move to Business Garden
ROMANIA Erste Group subsidiary Comercială Română (BCR) is to move its headquarters to Business Garden Bucharest in 2020 with a lease of 14,000 sqm.
Hotels
Uzdrowisko Szczawnica focused on renovation
POLAND Thermaleo & Uzdrowisko Szczawnica Group is to open the Pieniny Grand holiday complex in Szczawnica in southern Poland at the end of the year.
AI to reduce shopping queues
POLAND An end to queuing, with less customer irritation and employee stress, along with greater loyalty and higher sales turnover. This is what the store of the near future could be like, according to Itmagination, which has developed a system that analyses real-time traffic and in-store queues.
Go Sport to set to go from Polish market
POLAND Rallye, the owner of international sporting goods retail chain Go Sport, has announced that it has entered negotiations with Singaporean company Sportmaster regarding the sale of its Polish subsidiary, Go Sport Poland.
Changes ahead for construction law
POLAND The Polish government has adopted a package of proposed changes to the construction law drawn up by the Ministry of Investment and Development.
Mostostal appointed to build university building
POLAND Mostostal Warszawa has won the tender to construct the faculty of physics and applied computer science of the AGH University of Science and Technology in Kraków.
Architecture and urban planning
Buildings planned for Warsaw University
POLAND The Association of Polish Architects [SARP] has announced an architectural competition to find a design concept for teaching facilities for the University of Warsaw.
Investment & finance
CA Immo completes exit from Airportcity
RUSSIA Warimpex has completed its purchase of a 35 pct stake in AO Avielen, the SPV which is responsible for the development and management of the Airportcity mixed-use complex in St Petersburg, bringing its total stake in the project up to 90 pct.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Budimex wins foundational contract for CPK
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massi ...
Work progresses on Henryk Arctowski Antarctic Station
Poland heading for a two-tier market
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
Data centres
Poland to be the new data hub
During the presentation of the 'Driving the Economy: The Economic Impact of the Data Centre Sector in Poland' report, we took the opportunity to speak ...
Data centres to transform Polish economy
Data 4 starts in France with EUR 5 bln investment
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
Punkt goes Platinum
The Punkt office building in Gdańsk has been awarded LEED v4 Platinum certification. This is the first Torus Group development certified under this ve ...
Outstanding for Prologis
Silesia City Center now Excellent
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
Three days of lakeside cycling: EQT on the Move
More than 70 representatives of the Polish logistics real estate market participated in the third edition of EQT on the Move: Ride the Lakes. The even ...
Let's play volleyball again
August 7th – mark the date
Exclusive
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
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
Griffin and Primestar join forces
Warsaw-based private equity investment manager Griffin Capital Partners and Berlin-based hospitality operator Primestar Group have launched Prime Grif ...
aHouse to build hotel in Grodzisk Mazowiecki
Swissôtel comes to Gdynia
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Budimex builds in Slovakia
Budimex has handed over the motorway junction of the D1 and D4 roads in Slovakia, 90 days ahead of the deadline specified by the consgtruction contrac ...
Green light for Port of Poland
Strabag wins EUR 255 mln contract
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Robyg IPO underway
German real estate group TAG Immobilien has launched the IPO of its Polish subsidiary, Robyg. A total of 25 mln Robyg shares have been placed, each p ...
Welcome loan for Wita
Mood improves over office sector
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
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
UniCredit in Prime position
A branch of UniCredit bank has opened in the DL Prime complex, which was developed by DL Invest Group on ul. Piwna in Gliwice.
Jetset moves into V Tower
Brenntag in Brama Miasta B
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Warszawa Wschodnia station to be modernised
Polish Railway Lines (PKP) has signed a contract with general contractor Torpol for the modernisation of Warszawa Wschodnia station (Warsaw East), wor ...
Gronów Elbląski station to be renovated
A new look for central Warsaw
Residential
Neighbourhood becoming more important in home purchases
According to 'The Living 2040' report, today's residents are more aware, pragmatic, and demanding of the place they live.
Warsaw fourth most unaffordable European city
StudentSpace to build second centre in Warsaw
Retail & leisure
Another Popeyes to open
Tomorrow, Thursday, June 25th, Warsaw's ninth Popeyes restaurant will officially open in the G City Targówek shopping centre.
TEDI reaches 300
More tenants for Soho by Yareal
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Landlords gain the upper hand
Although tenants continue to benefit from relatively favourable terms, the market is slowly turning to the advantage of the landlord, according to Cus ...
