News

USD 1.3 bln closing for JP Morgan fund

schedule 10 December 2018
Eurobuild CEE

EUROPE JP Morgan Asset Management has announced the final closing of its European Opportunistic Property Fund IV with USD 1.3 bln in equity capital from a broad range of global international investors providing a total investment capacity of USD 5.3 bln.

Investors spy juicy returns from hotels

schedule 10 December 2018
Anna Pakulniewicz

CEE REGION The hotel market is attracting ever greater investment with many more investors also entering the market claims Cushman & Wakefield in a report compiled jointly with legal tax advisory CMS.

Residential

Art Modern second stage under development

schedule 10 December 2018
Eurobuild CEE

POLAND The seconds stage of the Art Modern estate in Łódź is under development comprising a further 73 residential units.

Hotels

More rooms for Poleczki

schedule 10 December 2018
Eurobuild CEE

POLAND A total of 29 superior standard rooms have been added to the Best Western Hotel Poleczki, which now includes a total of 53 rooms.

Events

Proptech pays for itself

schedule 10 December 2018
Eurobuild CEE

POLAND Property technology reduces costs and improves efficiency at work, although it is not an end in itself concluded the speakers at the ‘Tantalising Tech’ debate during the 24th Annual Property Market Convention in Poland, organised by Eurobuild Conferences.

Retail & leisure

Reduta expands

schedule 10 December 2018
Eurobuild CEE

POLAND The Atrium Reduta shopping centre on Al. Jerozolimskie in Warsaw has been extended with an additional 4,000 sqm including a Cinema 3D multiplex and a 24 hour CityFit fitness club.

Office & mixed-use development

A Big Star seen in Koszyki

schedule 10 December 2018
Eurobuild CEE

POLAND Clothing retailer Big Star has leased 640 sqm of office space on the second floor of building C in Hala Koszyki.

Investment & finance

Centrum Marszałkowska to change hands

schedule 10 December 2018
Tomasz Cudowski
editor-in-chief

POLAND Liebrecht & Wood has signed a preliminary purchase agreement for the Centrum Marszałkowska in Warsaw, which is owned by BBI Development and the Społem Warszawska Spółdzielnia Spożywców Śródmieście cooperative.

Sponsored article

The 10th edition of the Real Estate Conference in Poland at Warsaw School of Economics

schedule 10 December 2018

POLAND SKN Inwestycji i Nieruchomości invites you to the 10th edition of the largest student conference in Poland. On December 12-13, 2018, the best specialists working in the real estate industry will present how the commercial real estate market will change in the upcoming years.

Retail & leisure

CPI redesigns the Spektrum

schedule 07 December 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC CPI Property Group is to demolish the Spektrum shopping centre in Čestlice south east of Prague and replace it with a new strip mall featuring a minimalistic design.

One billion złoty for Kraków Airport

schedule 07 December 2018
Eurobuild CEE

POLAND The Polish Minister of Infrastructure Andrzej Adamczyk has approved a plan to invest around PLN 1 bln in Kraków Airport over the next twenty years.

Retail & leisure

N Park opens just outside Warsaw

schedule 07 December 2018
Eurobuild CEE

POLAND The first N-Park in the greater Warsaw area has been opened on the border of Piaseczno and Stara Iwiczna.

Retail & leisure

UOKiK keeps NEPI Rockcastle in suspense

schedule 07 December 2018

POLAND The Office of Competition and Consumer Protection (UOKiK) has decided to further examine the proposed acquisition of two Kraków shopping centres by NEPI Rockcastle from Mayland Real Estate.

Retail & leisure

Three Kiks out of four for Tristan

schedule 07 December 2018
Aneta Cichla

POLAND The KiK discount chain has signed leases in three of the four centres managed by Tristan Capital Partners.

Office & mixed-use development

OEC meets Buma

schedule 07 December 2018
Rafał Ostrowski
journalist

POLAND US B2B service provider for the automotive industry OEConnection has leased 3,000 sqm of office space in the Wadowicka 3 office complex developed by Buma Group in Kraków.

Office & mixed-use development

First Data heads for Equator

schedule 07 December 2018
Nathan North
managing editor (English section)

POLAND First Data Polska, which specialises in cashless payments services, has leased more than 4,600 sqm in the Equator IV office building west of Warsaw city centre.

Investment & finance

Eften flies into Ryo

schedule 07 December 2018
Nathan North
managing editor (English section)

LITHUANIA Eften has bought the Ryo shopping centre in Panevėžys for EUR 47 mln at a yield of 8 pct for its Eften Real Estate Fund 4.

Events

Not so easy for general contractors

schedule 07 December 2018
Rafał Ostrowski
journalist

POLAND "Self-respecting construction companies price their services according to current rates and expect partnership from investors,” said Łukasz Kozerski, the development manager at CFE Polska, during a panel discussion on the problems faced by the Polish construction sector at the 24th Annual Property Market Convention organised by Eurobuild CEE.

Hilton to open near Poznań

schedule 07 December 2018

POLAND A Hampton by Hilton hotel is to be built in Swarzędz, on the outskirts of Poznań. The new hotel is to open in 2020 and will operate under a franchise agreement signed with Clip Hotel.

Retail’s crucial role in the Polish economy

schedule 07 December 2018
Eurobuild CEE

POLAND The Polish Council of Shopping Centres (PRCH) and consultancy EY have published the first report on the social and economic significance of the development of retail in Poland.

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