News

C&W wins 50 contracts

schedule 20 February 2019
Rafał Ostrowski
journalist

POLAND Cushman & Wakefield’s Polish project and development services (PDS) team, which is responsible for project management, cost management, design services and quantity surveying, completed over fifty mandates for blue-chip investor and occupier clients last year.

Sponsored article

The City of Poznan Kick-off Meeting:

schedule 01 March 2019

The Mayor of Poznan invites you to the official opening of the City of Poznan stand at the MIPIM 2019 in Cannes.

Office & mixed-use development

Apollo-Rida completes Heweliusz

schedule 20 February 2019
Rafał Ostrowski
journalist

POLAND Apollo-Rida Poland has completed the Heweliusza 18 office building in the centre of Gdańsk.

Many mergers and acquisitions despite apparent slowdown

schedule 19 February 2019
Eurobuild CEE

POLAND According to the ‘Emerging Europe M&A 2018/2019’ report, 323 M&A transactions with a total value of EUR 6.5 bln were completed last year in Poland. Transactions were seen in the real estate, industrial, telecom and IT, commercial, retail, financial and insurance sectors.

Hotels

Best Western takes over World Hotels

schedule 19 February 2019
Eurobuild CEE

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

schedule 19 February 2019
Eurobuild CEE

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

schedule 19 February 2019
Rafał Ostrowski
journalist

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

schedule 19 February 2019
Rafał Ostrowski
journalist

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

schedule 19 February 2019
Alex Hayes
journalist

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

schedule 19 February 2019
Alex Hayes
journalist

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

schedule 19 February 2019
Alex Hayes
journalist

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

schedule 19 February 2019
Alex Hayes
journalist

POLAND MLP Group will build a new logistics park in Świdnik near Lublin.

Residential

Victoriei 139 on the starting blocks

schedule 19 February 2019
Alex Hayes
journalist

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

schedule 18 February 2019
Eurobuild CEE

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

schedule 18 February 2019
Rafał Ostrowski
journalist

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

schedule 18 February 2019
Rafał Ostrowski
journalist

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

schedule 18 February 2019
Eurobuild CEE

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

schedule 18 February 2019
Alex Hayes
journalist

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

schedule 18 February 2019
Alex Hayes
journalist

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

schedule 18 February 2019
Alex Hayes
journalist

CZECH REPUBLIC Fountain pen producer Montblanc has opened its first direct store at Pařížská 17 in Prague.

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