News
Warimpex finalises hotel portfolio sale
CEE REGION Warimpex has finalised the sale of a hotel portfolio consisting of eight hotels in the Czech Republic, Poland and Romania to the Thai investor U City. The company announced the sale in February, when the purchase contract was still pending subject to the fulfilment of the standard closing conditions for such real estate transactions.
Office & mixed-use development
HB Reavis starts work on Bratislava tower
SLOVAKIA HB Reavis has started the construction of the large-scale Stanica Nivy mixed-use project in Bratislava.
Stable yields, increasing demand
ESTONIA/LATVIA/LITHUANIA Vacancies in A-class offices in Tallinn in Q1 2017 stood at 4-5 pct while in Riga on the they were between 14 pct and 16 pct and in Vilnius 3-4 pct, according to a report by Colliers International entitled “Research & Forecast Report Baltic States. Property Snapshot”. Rental rates in all three cities were between EUR 12.5 and EUR 16.5 per sqm per month.
Office & mixed-use development
Paper producer chooses WTT
POLAND Finnish paper producer Stora Enso Narew has opened a 360 sqm office in Warsaw Trade Tower in Warsaw’s Wola district.
Wheelchair tennis to grace Eurobuild tournament
POLAND Kamil Fabisiak, currently ranked as the number 20 wheelchair tennis player by the International Tennis Federation (ITF) and the current champion of Poland will promote the ‘Tennis without Barriers’ campaign promoting wheelchair tennis.
Two tenants in 101
POLAND Leases in the 101 building in Wrocław have been signed by TBSCG and Etno Café.
Investment & finance
Echo without Tęcza
POLAND The Office of Competition of Consumer Protection [UOKiK] has approved the Echo Polska Properties takeover of shopping centres in Kłodzko, Wrocław and Zamość, however it has not consented to the takeover of Galeria Tęcza in Kalisz.
B&B keeps expanding
EUROPE In 2016 36 new B&B hotels opened bringing the number of hotels in the chain up to 392 (253 in France, 90 in Germany, 24 in Italy, 19 in Spain, 5 in Poland, 1 in the Czech Republic and 1 in Morocco)
Retail & leisure
Dekada in Grójec to be extended
POLAND Dekada is to enlarge its shopping centre on ul. Armii Krajowej in Grójec with Jysk as a new tenant (1,200 sqm) and a larger Martes Sport store (which currently operates on an area of 650 sqm).
No free parking in Minsk
BELARUS Those who park their cars in the centre of Minsk will be automatically charged for their stay.
Buma and REINO start building in Wrocław
POLAND REINO Partners and Grupa Buma have started construction work on their first joint development project in Wrocław.
Retail & leisure
Spar enters Oława
POLAND Grocery chain Spar is to anchor the Quick Park in Oława, which is to open in the autumn this year.
Investment & finance
LaSalle buys RiGa I for EUR 57 mln
CZECH REPUBLIC LaSalle Investment Management has acquired the River Garden I (RiGa I) office complex in Prague’s Karlín business district on behalf of its LaVA mandate for app. EUR 57 mln.
Investment & finance
Chinese buy Logicor for EUR 12.25 bln
EUROPE Blackstone has sold its European logistics platform Logicor, to China Investment Corporation for EUR12.25 bln.
In the spotlight
POLAND
Office & mixed-use development
IHS Global to move to C200
POLAND IHS Global is to occupy nearly 4,300 sqm of space in the C200 Office building in Gdańsk.
Office & mixed-use development
BNP Paribas to anchor Wronia 31
POLAND BNP Paribas Securities Services is to be the biggest tenant of the Wronia 31 office building in Warsaw with a lease of 8,000 sqm.
Office & mixed-use development
SIA Merks to finish off Z Towers
LATVIA SIA Merks, part of the Merko Ehitus group,has signed a contract with Towers Construction Management to complete construction work on the mixed-use Z-Towers complex at 30 Ranķa Dambis in Riga.
Investment & finance
Echo seals deal for Galeria Młociny
POLAND EPP and Echo Investment have finalised the EUR 42 mln purchase from Rosehill Investments of the Galeria Młociny shopping centre, which is under construction in the northern suburbs of Warsaw.
Croatia to build 2.4 km bridge
CROATIA According to prime minister Andrej Plenković, the European Commission is to partially finance the Road Connectivity of South Dalmatia project, which includes the construction of the future Pelješac Bridge.
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
Six buildings certified
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Colliers qualifies as WELL Survey Provider
Nestlé House is Excellent
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
The June issue of Eurobuild is now out!
The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose ...
The May issue of EurobuildCEE is out now!
Time to read Eurobuild's spring issue!
Events
CPK arises
We invite you to join us on June 10th in Łódź at our conference entitled ‘CPK - A new era for Poland and the commercial real estate market’ where we s ...
Back to the Future Conference
Race to the top
Exclusive
Capitalising on the landlord's market
Frederik Stentoft Berling, the group director of brand and communications, explains how Heimstaden's recently announced privatisation of its apartment ...
A more mature student scene
Strategy is key
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
A change of guard at Eurobuild
From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.
Changes at the helm of Dom Development
Savills has new CEO
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
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
Erste lends Panattoni EUR 10.2 mln
Panattoni has secured financing for the construction of the third and final building in Panattoni Park Warsaw West. The EUR 10.2 mln loan was granted ...
My Park enters Poland
EUR 1.1 bln transacted in first four months
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
Three new tenants for Oxygen Park
Golden Star has announced three new tenants for its Oxygen Park centre in Warsaw’s Włochy district. In total, Trane Poland, Hamelin Polska and E-Xim I ...
Colliers lays out the perfect office
Pharma grows in Warsaw’s office scene
Property and Facility Management
Studio B under new management
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
Cushman feels the Vibe
CBRE will rule in Skyliner II
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
Heimstaden starts apartment sales
Heimstaden has begun apartment sales for its Oh!Praga development in Warsaw.
EBRD supports Resi4Rent
Living sector on the rise
Retail & leisure
Multikino to open in Avenida
The Multikino cinema chain is to open a new multiplex in the Galeria Avenida shopping centre in Poznań'. The parties to the deal have signed a letter ...
Scallier opens park in Western Pomerania
Scallier opens retail park in Ploiești
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
Data centres to boom in Romania?
Romania benefits from a series of favourable factors that facilitate the growth and expansion of data centres and could emerge as a developing market ...
