Investment & finance
CZECH REPUBLIC/HUNGARY Tesco is set to shut down another hypermarket in the Czech Republic along with 13 Hungarian stores, as the company is implementing an international recovery program that aims to dramatically cut costs.
Investment & finance
POLAND A Griffin Group-managed investment fund has signed a letter of intent with PKO Bank Polski on buying Qualia Development, a real estate company owned by the PKO BP bank.
POLAND The town council of Piaseczno has passed a resolution which allows Auchan Polska to bypass a tender procedure when buying three plots adjacent to the company’s shopping centre.
POLAND The Management Board of Polski Holding Nieruchomości (PHN) has signed a letter of intent concerning the purchase of an app. 15,000 sqm office building.
CZECH REPUBLIC CEE investment and development company CPI Property Group aims to buy five retail assets in Poland for a total amount of app. CZK 500 mln (PLN 70 mln) as it sees retail investment opportunities in the Czech Republic dry up and turns its eyes towards the Polish market, reports the Hospodářské noviny daily.
Warehouse & industrial
HUNGARY Auto parts supplier Daejung has opened its first Hungarian, 4,700 sqm manufacturing facility within the Europolis Park Budapest M1 industrial and logistics park whose majority shareholder is the German developer CA Immo.
Retail & leisure
POLAND The world’s first Avon Studio, a special store concept developed by the cosmetics manufacturer and retailer Avon, has opened in the Złote Tarasy shopping centre in Warsaw.
Retail & leisure
POLAND Seven Inditex shops are to open in the Forum Radunia shopping centre that is currently being developed in Gdańsk.
POLAND Korean NSG Group, the owner of Pilkington’s Polish companies, aims to extend the Pilkington IGP glass manufacturing plant in Szczecin.
Office & mixed-use development
POLAND The Nuvalu consultancy has been granted an exclusive mandate for leasing two Warsaw office buildings, Crown Point and Crown Tower. Both properties belong to the Austrian developer Immofinanz Group.
Office & mixed-use development
POLAND Centrum Zana Group is planning to build a 100,000 sqm office, services and residential complex on a 5-ha plot on al. Kraśnicka in Lublin. Between 10 to 20 new buildings are to be developed on the parcel which previously accommodated a public transit terminal.
RUSSIA The average headline rent on the Moscow Class A office market has decreased by 20 pct, to USD 650 per sqm a year, according to the preliminary 2014 results published by Knight Frank.
RUSSIA Russian real estate investment volumes will not exceed USD 3 bln this year, which will equal the lowest level of the last 10 years, says JLL in its latest forecast.
Retail & leisure
UKRAINE Megapoliszhilstroi [Мегаполисжилстрой] plans on opening the Respublika mix-use centre in Kyiv in May 2015.
Office & mixed-use development
POLAND A subsidiary of Polonia Property Found LP (Polonia I), managed by Peakside Capital, has received a EUR 62.6 mln loan from Bank Zachodni WBK to refinance the Wiśniowy Business Park complex in Warsaw’s Włochy district.
Office & mixed-use development
POLAND Yareal now has a legally binding building permit for the construction of the Neopark office complex in Warsaw. The construction work on the project is set to begin within this quarter.
Office & mixed-use development
POLAND Polish development company Nieruchomości Mieczysław Daniel plans on constructing Willowa 56, a 1,000 sqm boutique office building located on ul. Willowa in Lublin.
POLAND Warbud has signed a PLN 19.7 mln contract on the construction work associated with the modernization of the rooms, and the thermal modernization, of the A1 building of the public Holy Family Hospital (Szpital im. Świętej Rodziny) on ul. Madalińskiego in Warsaw.
Investment & finance
CZECH REPUBLIC Atrium European Real Estate has completed the sale of 72 small-format retail assets (supermarkets) located in the Czech Republic to a private client account managed by Peakside Capital Advisors for app. EUR 68.5 mln.
Construction
POLAND Developer of the Onyx Business Point office building in Piła, PRESCO Group, has chosen Pil-Building as the general contractor of the project.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
Here it is at last! The latest issue of Eurobuild is out fresh from the printers, and in it, as always, there's plenty of market news, expert opinions ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 ...
The Moxy Hotels brand has announced the expansion of its European portfolio to 100 hotels by the end of 2025. 17 more hotels are to open by the end o ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
Ghelamco has renewed its partnership with Polish railway operator PKP SA and its real estate division Xcity Investment related to the redevelopment of ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Ł ...
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 ...
The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by ...
Archicom is planning a new housing estate in Warsaw. The developer wants to implement its latest project, designed by the WWAA studio, at the intersec ...
The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging ...
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 ...
Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of ...
