WORLD The number of wealthy people, meaning those with USD 30 mln or more in net assets, declined by 3 pct last year. There are now around 187,500 the so-called ultra-high-net-worth individuals (UHNWIs) around the world, down from 193,100 in 2014, according to the latest Knight Frank report.
POLAND Dariusz Blocher, the president of the board of construction company Budimex, has stated that 2015 was a very successful year for the company.
Office & mixed-use development
POLAND German-based IT solutions provider Wincor Nixdorf is opening its fifth Polish office in Szczecin. The unit will be located in Echo Investment’s Oxygen building.
WORLD Marriott and Starwood have cleared the premerger antitrust review in the United States, satisfying one of the closing conditions of the pending combination transactions. The companies are continuing to cooperate with competition authorities in other jurisdictions worldwide to obtain regulatory approvals.
Warehouse & industrial
SLOVAKIA ICU Medical is to sell its manufacturing complex in Vráble in Nitra district, southwestern Slovakia.
Green projects
LITHUANIA Panevėžio Statybos Trestas has finished a green project in Tauragė.
UKRAINE Eleven shopping centres are under construction in Kyiv with around 749,000 sqm gla, according to Colliers international.
Residential
LITHUANIA The Antakalnio Parkas residential project in Vilnius being developed by M.M.M. Projektai is scheduled for completion in June.
Office & mixed-use development
POLAND Telecom sector outsourcing company Administration Personnel Services (APS), which is owned by Bertelsmann Media, has leased over 3,000 sqm of office space in the Maraton office building currently being developed in Poznań by Skanska Property Poland.
Investment & finance
LITHUANIA Lithuanian upholstery and decorative fabrics producer and furniture retailer Audėjas Group has completed a number of complex inter-related real estate transactions with a total value of more than EUR 11 mln.
Hotels
ESTONIA Hilton hotel is currently being finished off in Tallinn. It will open in the summer of 2016, Eurbuild CEE found out.
POLAND German-headquartered mobile advertising technology platform YOC is opening a Warsaw office as it expands European operations.
Office & mixed-use development
POLAND Immofinanz has finalised lease deals totalling app. 10,500 sqm for its Warsaw office portfolio.
Warehouse & industrial
SLOVAKIA French-based car components manufacturer Faurecia is to open a 27,000 sqm plant in P3 Bratislava.
POLAND Orco Property Group has disposed of an industrial and logistics project in Marki near Warsaw.
Investment & finance
CENTRAL EUROPE Munich-based investor Allianz Real Estate and Brussels-based industrial developer VGP have entered into a 50:50 joint venture with an overall transaction value of EUR 500 mln to purchase Central European projects exclusively owned by VGP.
CZECH REPUBLIC In 2015 the total volume of newly built industrial space in the Czech Republic reached 565,700 sqm, which is the highest figure recorded since the global financial crisis, according to JLL.
Investment & finance
WORLD South African real estate investment trust (REIT) Redefine Properties is acquiring a 75 pct stake in Echo Prime Properties, an Echo Investment subsidiary that controls all 18 of Echo Investment's commercial properties estimated at EUR 1.18 bln, for EUR 362 mln.
Architecture and urban planning
LITHUANIA Dutch architects Slangen+Koenis Architecten together with Lithuanian architectual studio Clouds Architektai have designed a swimming stadium in Klaipėda.
Construction
LITHUANIA The second phase of the Švitrigailos Namai residential project in Vilius will now be finished ahead of the original schedule, in Q3 2016.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
The Ace of Space powered by Globalworth space, located in Renoma, Wrocław, has been awarded a 'Building Without Barriers' certificate by the Integracj ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The latest issue of Eurobuild is now out - and it was worth waiting for because it's full of personality, quite literally! And The feature article is ...
This year's Eurobuild Awards gala features a charity auction for the Iskierka Foundation. The items under the hammer include a voucher for you to go a ...
Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern war ...
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.
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 ...
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 ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last yea ...
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 ...
Ul. Chłodna Street is to undergo a full refurbishment from ul. Wronia to ul. Towarowa. Monting Development is at its own expense to design and develop ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
CA Immo has sold the Kavci Hory Office Park in Prague. The 42,300 sqm centre has been acquired by the Conseq Group.
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
The implementation team for the next stage of the construction of the new main building of the Henryk Arctowski Polish Antarctic Station has reached K ...
Poland’s regional city office markets remained broadly stable in the third quarter of 2025, though new supply continued to be tightly constrained. Dev ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
The third quarter of 2025 will see a significant revival in demand in the housing market, fueled by improving economic conditions and rising consumer ...
Work on modernising the Europa Centralna shopping centre has begun in Gliwice. The main part of the centre has been closed for renovation work, while ...
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 ...
Average transaction size at the end of Q3 in the warehouse and logistics market was over EUR 820 mln, representing an 11 pct year-on-year increase, ac ...