News
Retail & leisure
New playground in Auchan Gdańsk
POLAND A Kinderplaneta playground has been opened in the Auchan Gdańsk shopping centre, covering an area of 400 sqm.
Construction
Napollo hits the spot
POLAND The Nowy Punkt 2 estate in Warsaw’s Targówek district is to be built by Przedsiębiorstwo Budowlane Besta of Rzeszów. Napollo has settled a tender procedure to determine the general contractor for the project. The work is to start this summer and finish in autumn next year.
Warehouse & industrial
Prologis stepping up leasing activity in CEE
CEE REGION Prologis leased over 400,000 sqm in the region in the second quarter of 2016, which represented a 7 pct increase over the same period last year.
Bank of Russia vacates up to 100,000 sqm in Moscow
RUSSIA A mass recall of bank licenses by Bank of Russia has led to the closure of 517 bank branches between January 1st 2015 and June 1st 2016.
Immofinanz to leave Russian market
RUSSIA Immofinanz is about to sell its EUR 1.1 bln portfolio of shopping centres in Moscow. “Since the Russian properties have distinct market characteristics and a different risk profile than the remainder of the portfolio, Immofinanz plans either to sell or spin off the Moscow shopping centres,” the company stated in its recent 2015/2016 annual report.
Retail & leisure
GTC trumpets growing Galeria Północna occupancy rate
POLAND The under-construction Galeria Północna shopping centre in Warsaw is already almost 70 pct leased out.
More tourists using Polish hotels
POLAND According to a report prepared by Christie & Co, the number of tourists using hotels in Poland increased by 86 pct from 2006 until 2015.
7R Logistic obtains funds from bonds
POLAND Upper Finance has raised PLN 5 mln through the issue of three-year bearer bonds for a company from the 7R Logistic capital group. This is the third issue from which 7R Logistic has acquired funds. The money will make it possible to expand the Kraków-Kokotów logistics park that was launched in December 2015.
More cigarettes from Augustów
POLAND A cigarette factory in Augustów is set to become one of the largest manufacturing plants of British American Tobacco (BAT) in the world. The BAT factory is to be extended because some of its production is being moved from Germany to Poland (following the closure of its plant in Bayreuth). The extended factory in Augustów will offer more than 200 extra jobs.
Polnord gaining millions thanks to bonds
POLAND Polnord has issued unsecured O-series bonds as part of a private issue. They are worth PLN 20 mln and were all taken up by two financial institutions.
Warehouse & industrial
Auto Partner takes extra 19,000 sqm from MLP
POLAND Auto Partner, an importer and distributor of car components, is to extend the warehouse and office area the company occupies in two warehouse parks, MLP Bieruń and MLP Pruszków II, by nearly 19,000 sqm.
Residential
Launch of Mennica Residence
POLAND Mennica Polska (the Polish Mint) has officially launched the construction of the first stage of the Mennica Residence – a residential project in Warsaw’s Wola district.
Marvipol sets up land bank in the capital city
POLAND Marvipol, a WSE-listed residential developer, concluded a preliminary contract with Veolia Energia Warszawa concerning the purchase of a property on ul. Lizbońska in Warsaw’s Saska Kępa district and has also acquired a plot on ul. Topiel in Powiśle.
Dom Development acquires plots worth PLN 133.5 mln from Qualia
POLAND Dom Development has purchased 100 pct of the shares in Fort Mokotów Inwestycje from Qualia Development for PLN 133.5 mln.
Warehouse & industrial
BIK to start third stage of Śląskie Centrum Logistyczne
POLAND Biuro Inwestycji Kapitałowych (BIK) has obtained a building permit for the third stage of Śląskie Centrum Logistyczne in Sosnowiec.
Lokum makes a purchase in Kraków
POLAND Lokum Deweloper of Wrocław has purchased a 3.9 ha plot on ul. Walerego Sławka in Kraków for PLN 40 mln. Lokum is planning to build a superior standard multifamily estate.
Orbis happy with results
EUROPE In H1 2016 Orbis had a double-digit growth of its Rev PAR index (10.2 pct) compared to H1 2015 thanks to higher operational indexes across Eastern Europe (an increase of the occupancy rate by 1.9 percentage points and the average price per room by 6.9 pct), reports the hotel operator.
Green projects
Rondo 1 with green credentials
POLAND Rondo 1 office building in central Warsaw has received LEED Platinum certification.
Retail & leisure
Veneda to be redeveloped
POLAND Echo Investment has started the design work for the redevelopment of Galeria Veneda in Łomża.
Vacancies in Warsaw to stay at 15-16 pct
POLAND The vacancy ratio on the Warsaw office market is to stay at 15-16 pct during the second half of the year, according to the latest Marketview report by CBRE. The agency expects that the market will grow in total by 454,500 sqm in 30 new buildings by the end of the year.
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Ziv Zviel of Atlas Estates
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
Not just for the rich
Demand for PBSA continues to accelerate
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
Leonardo expands in JM Tower
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Self service in Opole
Mercure comes to Transylvania
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Tender awarded for CPK rail changes
The Central Communication Port (CPK) has awarded a tender for track layout changes in the Retkinia area of Łódź to Multiconsult Polska, who bid PLN ...
Most of the land now acquired for CPK
Tunnel to be built under Baltic
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
Scallier sells project to Centerscape
Poznań-based Scallier has sold a commercial property in Nowa Wieś near Pruszków within the Warsaw urban area to Centerscape.
AFI buys out Echo's share of Office House
Dom Dochodowy sold
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
Offices Are Making a Comeback
Demand for office space in Poland is on the rise, particularly in regional cities. The trend of downsizing office footprints is reversing, as companie ...
Astellas comes to the Bridge
Rockwool grows bigger in Nowy Rynek
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Agora Mall Arad reopens
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Ławica Shopping Park opens in Poznań
Retail park to come to Konstantynów Łódzki
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
VGP builds in Bucharest
VGP has begun construction on the first building of VGP Park Bucharest 2. The project will comprise over 114,000 sqm.
