News

Office & mixed-use development

Business Garden gains Wirtualna Polska

schedule 15 February 2019
Alex Hayes
journalist

POLAND Wirtualna Polska has signed a seven-year lease with Vastint for 7,000 sqm in Business Garden on ul. Żwirki i Wigury in Warsaw.

Office & mixed-use development

BNP Paribas to move to Oregon

schedule 15 February 2019
Alex Hayes
journalist

ROMANIA Four BNP Paribas companies (BNP Paribas Personal Finance, BNP Paribas Leasing Solutions, BNP Paribas Corporate & Institutional Banking and BNP Paribas Central Europe Technologies) will move to Oregon Park in Bucharest.

CBRE revenues rise 15 pct

schedule 15 February 2019
Rafał Ostrowski
journalist

WORLD CBRE recorded USD 21.3 bln full-year revenue for 2018, up 15 pct y-o-y. Its net income increased 53 pct to USD 1.1 bln, while its earnings per diluted share rose 51 pct to USD 3.1.

Investment & finance

Wing takes on Infopark

schedule 15 February 2019
Rafał Ostrowski
journalist

HUNGARY Hungarian real estate developer and investor Wing has acquired the Infopark B, C and I office buildings in Budapest’s South Buda district.

Investment & finance

EPISO 5 takes on EUR 1.7 bln war chest

schedule 15 February 2019
Alex Hayes
journalist

EUROPE Tristan Capital Partners has completed the capital raising for its European Property Investors Special Opportunities 5 (EPISO 5) fund with equity commitments from investors totalling just under EUR 1.7 bln.

Warehousing still booming

schedule 14 February 2019
Rafał Ostrowski
journalist

POLAND 2018 saw a record-breaking EUR 1.84 bln of investment transactions, 2 mln sqm of completed warehousing space and 3,7 mln sqm leased on the Polish warehouse market claims JLL.

Ten Square in City Forum

schedule 14 February 2019

POLAND Ten Square Games, a mobile game developer, has leased 1,800 sqm of office space at City Forum, an office complex owned by Archicom.

Etalon still on 2018 roll

schedule 14 February 2019
Rafał Ostrowski
journalist

RUSSIA Etalon has reported a 51 pct y-o-y increase in apartment sale contracts in January, which reached RUB 5.5 bln (app. EUR 73,000,000).

Good results for Merko Ehitus

schedule 14 February 2019
Alex Hayes
journalist

BALTIC STATES Merko Ehitus has posted revenue of EUR 119.2 mln for Q4 of 2018 and its 12-month revenue figure came to EUR 418 mln. The group’s net profit for Q4 2018 was EUR 7 mln and the 12-month net profit was EUR 19.3 mln.

Property and Facility Management

Three properties under C&W management

schedule 14 February 2019
Alex Hayes
journalist

POLAND/CZECH REPUBLIC Cushman & Wakefield is to take over the property management of two AEW centres in Poland: the Klif shopping centre in Gdynia and Klif Tower (including the Klif House of Fashion) in Warsaw. Under the same deal, AEW has also appointed it to be the property manager for Myslbek mixed-use centre in Prague.

Investment & finance

Salini Impregilo offers to rescue Astaldi

schedule 14 February 2019
Alex Hayes
journalist

EUROPE Italian general contractor Salini Impregilo has made a bid to acquire a 65 pct stake in its competitor Astaldi.

Office & mixed-use development

Two tenants for AFI

schedule 14 February 2019
Alex Hayes
journalist

ROMANIA Co working space provider New Work and Afcon Electra Romania, a company that specialises in installing HVAC systems, have both signed leases in AFI Tech Park 1 in Bucharest and now the property is around 80 pct leased.

Property and Facility Management

BNP takes on Vipol Plaza

schedule 13 February 2019
Alex Hayes
journalist

BNP Paribas Real Estate will be the exclusive agent responsible for leasing the vacant space in the Vipol Plaza office complex.

Office & mixed-use development

Eastern Europe among top-five software development hubs

schedule 13 February 2019
Alex Hayes
journalist

CEE REGION With CEE tech talent now recognised as world-class, the regional export software development industry experienced a significant spike in mergers and acquisitions and private equity activity in 2018.

Retail & leisure

Paw Patrol comes to Poland

schedule 13 February 2019
Eurobuild CEE

POLAND Children's entertainment company Spin Master is to open a sales and marketing office in Warsaw.

More bonds from Echo

schedule 13 February 2019
Eurobuild CEE

POLAND Echo Investment is to issue bonds for individual investors with a total face value of PLN 40 mln.

Investment & finance

The Hub goes abstract

schedule 13 February 2019
Eurobuild CEE

POLAND A large picture created by abstract artist Łukasz Stokowski has been hung from the rising structure of The Warsaw HUB office centre development.

Investment & finance

Skanska keeps busy

schedule 13 February 2019
Rafał Ostrowski
journalist

POLAND Over 2018, Skanska sold five office buildings and started construction work on seven more.

CTP hits 1 mln sqm

schedule 13 February 2019
Rafał Ostrowski
journalist

ROMANIA CTP is the first developer to build up a portfolio of 1 mln sqm of warehouse space in Romania.

Office & mixed-use development

Second life for old factory

schedule 13 February 2019
Anna Pakulniewicz

POLAND Echo Investment will convert the cotton mill built by Karl Scheibler on ul. Tymienieckiego in Łódź’s Księży Młyn district into a mixed-use development. Medusa Group is responsible for the architectural design of the project.

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