News
“Second-best year in history” claims UBM
EUROPE UBM development has announced the results of the second-best year in its history.
Investment & finance
MLP issues bonds and buys land in Germany
POLAND/GERMANY MLP Group is to issue bonds worth up to EUR 50 mln with the proceeds largely earmarked to finance the company’s planned international expansion.
Two tenants stay in Okopowa 56
POLAND Two tenants have prolonged their leases in the Okopowa 56 building in Warsaw’s Wola district and both have also leased extra space.
Immofinanz ends seven-year dispute
EUROPE Immofinanz has announced that in principle it has reached the settlement of a dispute resulting from the company’s merger in June 2010 with Immoeast.
Echo on target to dominate residential market
POLAND Echo investment sold 259 apartments in the first quarter of the 2017 up by 76 pct y-o-y.
Investment & finance
Seventeen parks sold, eight to go
CEE REGION Luxembourg based fund Pradera European Retail Parks SCSp has finalised the acquisition of 17 retail properties in Germany, France and Poland from Ikea as part of a EUR 900 mln deal negotiated in March to acquire 25 retail parks.
Dana gets into gear
HUNGARY Dana has held the ground breaking ceremony for a new gear factory in Győr.
No more warehouses for CA Immo
HUNGARY/CEE REGION CA Immo has sold its 51 pct stake in the Aerozone logistics park in Budapest to the M7 CEREF I fund completing its strategic withdrawal from the logistics sector.
EUR 1.19 bln spent in the Baltics
BALTIC STATES Investment volume in commercial real estate reached EUR 1.19 bln in 2016, according to figures from Colliers International.
PKP hand in hand with the Post office
POLAND Polish State Railways (PKP), the Polish Post Office and PKP’s developer subsidiary Xcity Investment have signed a letter of intent to jointly develop land owned separately by the state enterprises.
Pin Park to replace rail carriage factory
POLAND The Pin Park office complex with an area of nearly 52,000 sqm is to be developed at the site of the former Pafawag rail carriage factory in Wrocław.
Huawei and Philips Lighting team up
WORLD Philips Lighting and Huawei Technologies have signed a partnership agreement to ensure the compatibility of the Philips Hue integrated lighting system and Huawei’s OceanConnect platform for the Internet of Things (IoT).
Autodistribution Polska stays in WLC
POLAND Autodistribution Polska has prolonged its lease of over 6,000 sqm of warehouse space in the WLC Bielany Wrocławskie distribution centre owned by the CBRE GI-managed Pan European Core (PEC) fund. Cushman & Wakefield represented the tenant during the in negotiations.
Deloitte grows in Rzeszów
POLAND Deloitte’s Shared Service Centre in Rzeszów is to double its number of staff by the end of the year to 400 people. The centre currently takes up two floors of the Skyres Warszawska building.
Perla park to be constructed near Słupsk
POLAND The Perla Logistic Park will be built in Płaszewko near Słupsk next to the future S6 expressway.
Altus invests in Tower
POLAND Institutional investor Altus Investment Fund has bought a 5.49 pct stake in commercial developer Tower Investments. It is the second investment fund, after Trigon TFI, to invest in Tower Investment shares.
Viva Garden reaches fifth stage
POLAND Victoria Dom developer has begun apartment sales for the fifth stage of its Viva Garden project under development in Warsaw’s Białołęka district.
Combohotel in Poznań
POLAND Modernisation work on the Novotel Poznań Centrum hotel at Plac Andersa in Poznań has begun. Two hotels from different segments (economy and mid-range) are to share the same roof.
Slow first quarter for Russian investment
RUSSIA In Q1 2017, Russia’s real estate investment volume reached USD 830 mln, down 18 pct y-o-y, according to JLL. However, the agency expects investments to grow in the near future. According to its forecasts for 2017, this figure will reach USD 4.5 bln compared to USD 4.2 bln in 2016.
Warehouse & industrial
Geis opens warehouse in Ústí nad Labem
CZECH REPUBLIC At the beginning of April, logistics operator Geis Group opened a 5,600 sqm BTS centre in the Řehlovice industrial zone, in the Ústí nad Labem region.
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 Group 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
Colliers lays out the perfect office
Although many companies have announced the return of employees to the office and are striving to achieve full occupancy, findings from Colliers’ lates ...
Pharma grows on Warsaw office scene
VeloBank looks to Sagittarius
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
Trammell Crow breaks ground in Kerpen
Trammell Crow Company (TCC), a leading commercial real estate developer, has broken ground on a speculative industrial development in the Rhine-Ruhr r ...
