Investment & finance
CEE REGION In the first quarter 2015, GTC’s net profit increased to EUR 8 mln, from a net loss of EUR 2 mln registered in Q1 2014, as the company disposed of three Polish and Romanian assets.
Human resources
POLAND The eleventh Ekiden marathon relay race organised by the Maraton Warszawski foundation has taken place in Warsaw’s Szczęśliwicki Park. Attended by a total of 770 teams, including real estate and construction sector representatives, the relay was designed for groups of six participants.
Warehouse & industrial
CZECH REPUBLIC Wheels Logistics has leased almost 8,800 sqm of new warehouse and office space at the P3 Plzeň.
POLAND In Q1 2015, the LPP fashion retail group has seen its total sales increasing by 6 pct y-o-y, to PLN 1 bln. At the same time LPP generated a PLN 23.7-mln operational profit, a significant drop from PLN 48.4 mln last year, while the group’s revenues from comparable stores fell by 0.7 pct, excluding changes in local currency rates.
Office & mixed-use development
POLAND Vastint has leased out app. 1,200 sqm of office space in its Business Garden Poznań office complex to a SAP solutions provider, Itelligence.
Retail & leisure
LITHUANIA The first stage of the Nørdika Shopping Valley retail park in Vilnius is set to open on 24rh September.
Retail & leisure
POLAND Modernization work has started on the Carrefour hypermarket in the Galeria Pomorska shopping centre which is currently being extended in Bydgoszcz.
Investment & finance
POLAND The sales of Małpka, the operator of the Małpka Express food store chain, has now been completed. Its new owner is Forteam Investments.
Construction
POLAND Dolcan has topped off the Ogrody Ochota II residential estate that it develops in Warsaw.
Construction
POLAND Ekonbud-Fadom, which develops the Aquarium residential estate in Zielona Góra, has acquired building permit for the construction of yet another stage of the project.
Construction
POLAND Totalbud is set to construct a residential building on ul. Kruszewskiego in Warsaw’s Praga Południe district.
Construction
POLAND Dom Development is starting yet another residential project, the Studio Mokotów residential estate, which is set to be built on ul. Garażowa in Warsaw.
Retail & leisure
POLAND Centrum Handlowe Echo located at ul. Błonie 2 in Tarnów is set to house a 1,191 sqm Black Red White furniture store. The opening of the new store is planned for July.
Retail & leisure
POLAND Modo Dom Mody, an app. 16,000 sqm new shopping centre that is currently being developed by Devin Investments on ul. Łopuszańska in Warsaw, has signed new lease contracts.
Technology
GERMANY DHL Parcel, Amazon and Audi are starting country-wide trials of their joint car trunk delivery system in Germany. The new service, which has been developed and tested by the companies for the past several months, aims to allow car owners to use their cars as mobile delivery addresses for parcel shipments.
Retail & leisure
ROMANIA British clothing and food retailer Marks & Spencer has launched its sixth Romanian store in the Plaza Romania shopping centre in Bucharest.
Warehouse & industrial
CZECH REPUBLIC Portuguese automotive supplier Simoldes Plasticos is planning to open its 22,000 sqm built-to-suit (BTS) industrial building within Panattoni Park Rychnov nad Kněžnou.
ROMANIA/ UNITED KINGDOM Fondul Proprietatea, a EUR 2.9 bln Romanian closed-end fund managed and co-owned by Franklin Templeton Investments, has floated on the London Stock Exchange.
Retail & leisure
POLAND TJX Poland, the company which develops the TK Maxx retail chain in Poland, has prolonged its sole lease agreement in Bydgoszcz.
Office & mixed-use development
POLAND DNB Bank Polska has renewed its 3,600 sqm lease agreement in the Marynarska Point 2 office building in Warsaw’s Służewiec district.
Government educational programmes on the TV are always keen to inform us that Poles are jealous of the whole world, but at the same time, each nation without exception holds a deep ...
Small talkSwedish real estate investor Eastnine has until now mainly been active in the Baltic states. As it takes the plunge into the Polish market with its first acquisitions, we asked the ...
Stock market reportThe Warsaw Stock Exchange has been performing poorly recently in comparison to other trading floors across Europe, even though the economy has been surprisingly resilient and the e ...
The Iulius group and Netherlands-based Atterbury Europe are to invest EUR 0.5 bln in a large-scale, mixed-use urban redevelopment project on the 14 ha ...
Erbud has been awarded a PLN 29.8 mln contract to modernise the Rector’s Office of the Medical University of Warsaw (WUM).
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
In response to the gravity of Russia’s aggression, Colliers has discontinued its business in Russia and Belarus, effective immediately, after more tha ...
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
It really was 'a hard day’s night'! We’ve had to wait for this moment much longer than usual, but it has definitely been worth it. It is now possible ...
Did you know that Telegram is now the world's most popular internet messenger? Well, our channel is already on it!
A special series of podcasts straight from Cannes! The latest comment, opinions and forecasts! Every morning, exclusively at www.eurobuildcee.com!
After a two-year break, the JLL Charity Beach Volleyball Tournament of the Real Estate Industry returns. The 11th edition of the event will take place ...
Polski Związek Firm Deweloperskich (PZFD) and Build Europe, the organisation representing the national federations of European developers and homebuil ...
A portfolio of six office buildings across Poland owned by PineBridge Benson Elliot and Sharow Capital has been awarded Well Building Standard and BRE ...
Meininger Hotels and Polish real estate developer Fronton have signed a deal to develop a 503-bed and 135-room hotel in Kraków, scheduled to open in s ...
The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has ...
A tender has been announced to reconstruct pl. Trzech Krzyży in Warsaw.
Tétris has completed the fit-out work on Echo Investment’s new head office in Browary Warszawskie (the Warsaw Brewery).
Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund f ...
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 ...
SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its l ...
Warimpex Finanz- und Beteiligungs AG has sold the B52 Office building in Budapest to Semmelweis University, which specialises in medical and health sc ...
Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district, which the company ha ...
The second stage of the University of Warsaw’s Dobra 55 building has been completed. The scientific and didactic building is the largest investment in ...
Dom Development has opened the sales process for its Osobowicka 114 estate in Wrocław.
Reserved, Mohito, Cropp, House, Sinsay, CCC, Half Price, Eobuwie and Modivo are the latest brands to be secured for Galeria Bawełnianka in Bełchatów i ...
Vantage Data Centers has announced the opening of two hyperscale data campuses – in Warsaw and Berlin.
Polish automotive parts supplier Inter Cars Group has leased more than 20,000 sqm in Panattoni Park Sosnowiec I in Upper Silesia.
