News
Hotels
Best Western takes over World Hotels
WORLD Best WesternHotels & Resorts has acquired the WorldHotels brand with a collection of around 300 hotels and resorts around the world.
Choppy construction waters ahead
EUROPE The construction sector faces modest revenue growth and mostly stable profit margins in 2019 claims Scope Ratings. However the rating agency warns that the credit outlook is in danger of deteriorating as the business cycle turns.
First tenant in Hillwood park
POLAND Supplier to the automotive sector IWM Automation has leased 3,800 sqm of warehouse and office space in the Hillwood Ruda Śląska logistics park next to national road 925 near Katowice.
Investment & finance
Etalon swallows Moscow developer
RUSSIA Etalon Group has signed a binding agreement to purchase a 51 pct stake in Leader-Invest from Sistema for RUB 15.2 bln (app. EUR 200 mln).
Warehouse & industrial
Three companies to develop airport logistics centre
POLAND 7R, MF Capital and DIL Polska Baumanagement have formed a joint company to develop the MFC-7R City Flex Warsaw Airport I logistics centre to be delivered before the end of the year.
Investment & finance
A7 sold
CZECH REPUBLIC Revetas has announced the sale of the A7 Office Center, a mixed-use building in Prague on behalf of the Revetas Capital Fund II to Conseq Group.
Outsourcing still on the rise
POLAND According to forecasts by the Association of Business Service Leaders (ABSL), employment in the business services sector will exceed 300,000 by 2020.
Warehouse & industrial
MLP to build second Lublin park
POLAND MLP Group will build a new logistics park in Świdnik near Lublin.
Residential
Victoriei 139 on the starting blocks
ROMANIA Real estate developer Hagag Development Europe has been granted a building permit for H Victoriei 139 in Bucharest.
32.5 ha retail park on Varshavskoe Shosse
RUSSIA Russian developer Novoleks is planning to develop a 32,5 ha retail park on the Varshavskoe Shosse near Shcherbinka, 6 km south of Moscow.
Office & mixed-use development
PKO loves diamonds
POLAND PKO Bank Polski is moving its Wrocław headquarters from ul. Wita Stwosza to the Diamentum Office buidling on ul. Robotnicza.
Construction
Renault Bucharest Connected project completed
ROMANIA Elgan Offices, a company joint-owned by Globalworth and the Elgan Group, has completed The Renault Bucharest Connected office building in the west of Bucharest.
European investment slightly up
EUROPE In 2018 European commercial real estate investment came to EUR 312 bln, 0.3 pct above the previous record result of 2017, according to CBRE.
CTP expanding in Moravia
CZECH REPUBLIC Two new halls with a total leasable area of 12,000 sqm are to be delivered in April at CTPark Ostrava and a further 50,000 sqm is planned.
Warehouse & industrial
P3 expands in Lovosice
CZECH REPUBLIC Warehouse building A in the Lovosice warehouse park will be enlarged from its present size of 30,000 sqm by an additional 60,000 sqm. Delivery of the space is scheduled for the end of the year.
Retail & leisure
More pens sold in Prague
CZECH REPUBLIC Fountain pen producer Montblanc has opened its first direct store at Pařížská 17 in Prague.
Office & mixed-use development
Tillberg Design to enter Nowy Targ
POLAND Interior design studio Tillberg Design of Sweden is to move to the Nowy Targ office building in Wrocław.
Warehouse & industrial
FM Logistics opens EUR 20 mln cold storage centre
ROMANIA French logistics and transport services provider FM Logistic has opened a EUR 20 mln cold storage warehouse in Bucharest to meet demand from the growing pharmaceuticals industry in Romania.
Office & mixed-use development
Eastnine makes EUR 128 mln purchase
LITHUANIA Eastnine has acquired building I and agreed to buy a further two office buildings in the S7 office park complex in Vilnius. The price of all three buildings comes to EUR 128.3 mln representing a yield of 5.8 pct.
PNK to build 100,000 sqm for Lenta
RUSSIA Industrial developer PNK Group has started the construction of two industrial buildings for Russian retailer Lenta.
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 ...
