News

CEE REGION In 2014 HB Reavis Group generated a EUR 89 mln consolidated net profit, which accounted for a 26 pct y-o-y growth. At the same time the company recorded a 29 pct increase in operating profit, to EUR 132.6 mln, while its total assets increased by 18 pct, to EUR 1.8 bln and total shareholder equity reached EUR 933 mln.

Magyar Telekom trims office space, builds 55,000 sqm headquarters

27 May 2015

Agata Kłapeć

HUNGARY Hungary’s largest telecommunications company Magyar Telekom, a subsidiary of Deutsche Telekom, has signed an agreement with the Hungarian development company Wing Group on the construction of its new 55,000 sqm Budapest headquarters and the sale of the existing main offices.

Polish billionaire develops offices and apartments in Dolny Mokotów

POLAND Jerzy Starak, a Polish pharmaceutical tycoon and one of the richest businesspeople in the country, is planning to extend its development business. He is founding an SPV company which will operate on the office property market and target Warsaw’s Dolny Mokotów area.

WFC signs new banking tenants

POLAND BZ WBK Asset Management and BZ WBK Towarzystwo Funduszy Inwestycyjnych have leased 1,300 sqm of office space in the Warsaw Financial Center (WFC) in Warsaw. The lease agreement was signed for five years.

Small office building grows in Saska Kępa

POLAND A small office building is currently being developed at ul. Zwycięzców 2 in Warsaw’s Praga Południe district.

Praha City Center re-opens

Rafał Ostrowski
journalist

CZECH REPUBLIC London-based fund manager Tristan Capital Partners has opened the Praha City Center office building in Prague 1 after refurbishment.

Enel-Med jostles in Warsaw’s Empark

Rafał Ostrowski
journalist

POLAND Private medical clinics operator Enel-Med has signed a 1,100 sqm lease agreement for space in Empark Mokotów Business Park in Warsaw’s Mokotów distirct.

Investment & finance

UBM to sell large office and hotel portfolio

POLAND/EUROPE Vienna-based development company UBM is putting up for sale a portfolio of 17 non-core European properties, which include Warsaw’s Poleczki Business Park office complex.

Inpro markets Gdańsk's Kwartał Uniwersytecki

POLAND Inpro has started to sell the 174 apartments that will be provided within the Kwartał Uniwersytecki residential project.

Immofinanz signs two new tenants

POLAND Immofinanz has signed two new lease contracts in one of its Warsaw office buildings, Nimbus, with Euler Hermes and Intelligent Technologies.

ECI enters Warsaw resi market

POLAND ECI Residential, which belongs to the ECI group that has been so far involved in the construction of office buildings, is developing its first residential project, Moduo House Mokotów.

Small project to launch in Warsaw’s Wola

POLAND Tynkbud 1 is gearing up for the construction of a residential building in Warsaw’s Wola district.

Polnord keeps developing in Szczecin

POLAND Ground has been broken for the third stage of Polnord's Ku Słońcu residential estate in Szczecin’s Gumieńce district.

Dom Development works on Osiedle Przyjaciół

POLAND Dom Development has started the work on Osiedle Przyjaciół, a new residential project in Warsaw’s Bemowo district.

PKP and Immofinanz in Warszawa Główna talks

26 April 2015

POLAND The Polish State Railways (PKP) and Xcity Investment are to enter further negotiations with Immofinanz Group regarding developing the site of the Warszawa Główna train station in Warsaw.

Green projects

Accent projects obtain HQE green certificate

04 May 2015

POLAND Accent Vert and Accent Eco, two stages of a residential estate that is currently being developed by Bouygues Immobilier Polska in Warsaw’s Bemowo district, have been granted – as the first buildings in Poland – Cerway’s HQE green certificate.

Green projects

Warsaw’s Polna 40 obtains BREEAM 2013

POLAND Polna 40 office building, which is set to be erected in the Warsaw city centre, has been awarded BREEAM 2013 certificate with “Excellent” rating.

Green projects

Skanska offices green-certified

Property and Facility Management

POLAND Skanska has been granted the first Polish LEED Commercial Interior certificate with the “Platinum” rating for its headquarters in Warsaw’s Atrium 1 office building.

Apsys to work for Union Investment again

POLAND Apsys Polska has become the manager of the Focus Park Rybnik shopping centre, a new purchase of the Union Investment company. It is the third Union Investment shopping centre, after 3 Stawy in Katowice and Manufaktura in Łódź, to be managed by the French company.

Production tenants increasingly active

25 May 2015