News
Extra PLN 20 mln bonds for Polnord
POLAND In accordance with the announcement from two days ago, Polnord has today issued unsecured MB2-series bonds for a total amount of PLN 20 mln.
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.
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
City Gate Office awarded latest LEED
The south tower of GTC's City Gate office complex in Bucharest has become the first building in Romania to be awarded LEED Gold v5 certification with ...
Outstanding awarded to CTP
Homepark goes 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
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Staycity to open first Aparthotel in Warsaw
Leading aparthotel operator Staycity Group and international investment firm Solida Capital has announced a strategic partnership for the development ...
Romanian hotels grow
Leonardo expands in JM Tower
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Strabag constructs Deleni wind farm
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
Tender awarded for CPK rail changes
Most of the land now acquired for CPK
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
Now's the time to buy
The investment market in Poland for Q1-Q3 2025 reflects stable market conditions, with year-to-date volume aligning closely with the Q1-Q3 of 2024. By ...
Onde enters Romania
Croatia growing fast
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Market now entering Q4 peak
October marks the peak period of the office real estate market, according to Colliers. Data from the last decade clearly indicates that almost one-thi ...
Increased demand but no new space
The office now the place to socialise
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
No drop in price from price transparency act
According to JLL and RynekPierwotny.pl, the Price Transparency Act has caused considerable confusion in the housing market, but the anticipated reduct ...
Kraków PRS continues to grow
Zeitraum to launch 200 serviced apartments
Retail & leisure
Osada to open in Łask
An Osada retail park is currently being developed in the town of Łask in the Łódź district. The 12,000 sqm retail and service complex will feature sev ...
The shopping centre lives on
Work underway on Oto Park Siemianowice
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
Work starts on Panattoni Park Rzeszów North II
Panattoni has purchased a 13 ha plot and is launching a new project in the Podkarpacie region. The first phase of Panattoni Park Rzeszów North II will ...
