CZECH REPUBLIC Atrium European Real Estate Limited has signed an agreement to acquire a 75 pct stake in the Arkády Pankrác shopping centre in Prague for EUR 162 mln.
POLAND At the end of 2014, the total area of modern office stock in Warsaw reached app. 4.39 mln sqm, according to the latest report by the Warsaw Research Forum.
POLAND Carrefour Polska has modernized its retail property in Tomaszów Mazowiecki. The renovation work involved a 1,200 sqm extension of the shopping arcade, a change of the store format (from a supermarket to a hypermarket) and the interior and facade remodelling.
WORLD Gazit-Globe, an Israeli real estate investor that holds a 39.99-pct stake in Atrium European Real Estate (AERE), is acquiring 52,069,622 ordinary shares of AERE, which account for an app. 13.87 pct stake in the company. The shares are being taken over from a consortium managed by CPI CEE Management, which will now have no AERE shares, for a total of app. EUR 229 mln in an off-market transaction.
HUNGARY In Q4 2014, demand for the Budapest industrial space showed a strong performance as the total volume of lease transactions reached 128,465 sqm, increasing two-fold q-o-q and hitting the Q4 2013 take up level, according to the Budapest Research Forum (BRF).
UNITED KINGDOM Organic foods retailer Whole Foods Market has teamed up with the multinational technology provider Rehabstudio to develop a shopping system that allows for doing highly-personalized in-store groceries with a help of wearables such as smartwatches.
POLAND Warsaw has been ranked 14th in the most attractive places in Europe for investing in real estate, in the Emerging Trends in Real Estate Europe 2015 survey that has just been published by PwC and the Urban Land Institute (ULI).
POLAND Two new tenants – a Sphinx restaurant and a Biedronka grocery discount store – have started the design work for their new outlets at the Wrocław Główny station.
POLAND Murapol has finalised the purchase of a 0.85 ha site on ul. Poznańska in Kraków.
POLAND GD&K Group has secured a new lease agreement for its Carpathia office development in Warsaw.
POLAND A TK Maxx store is to be opened in Galeria Katowicka. The tenant has leased an area of over 2,000 sqm in the mall in Katowice, with the new store scheduled to open at the end of February.
POLAND The Orbis hotel group has signed a franchise contract with the Four Hotel company for a hotel that is being developed on ul. Pszenna in Gdańsk.
POLAND Cushman & Wakefield has been appointed as the property manager for two Warsaw buildings that belong to the Deutsche Asset & Wealth Management fund.
RUSSIA Etalon will build and sell more without any obstales, the future of the developer seems full of succes, according to the company’s president and founder.
POLAND AGED has prolonged its lease in the MLP Pruszków I logistic park, developed by MLP Group.
POLAND Polish firm GD&K Consulting is to develop a 1.4 ha plot neighbouring the main train station in Kraków.
POLAND L'Oréal has renewed its 19,500 sqm distribution space lease in the ProLogis Park Błonie II warehousing and industrial centre near Warsaw.
BULGARIA Swissôtel Hotels & Resorts, a hotel group owned by the Toronto-based and Gulf-financed FRHI Hotels & Resorts (FRHI), will manage Swissôtel Sofia, a condo hotel tower that is currently being developed by Turkish developer Garanti Koza in Bulgaria’s capital city.
CEE REGION CPI Group and Orco Property Group (OPG) have both announced that they have been served with a legal summons by Delaware-based Kingstown Partners and affiliated companies for damages due to alleged violation of minority OPG shareholder rights.
ROMANIA French retailer and real estate investor Groupe Auchan has received an approval of the Romanian Competition Council to acquire a portfolio of twelve retail properties, in which the company has been running some of its 32 Romanian supermarkets.
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 ...
Two buildings completed as part of the first phase of Good Point V, an investment by Real Management, have received the final BREEAM International New ...
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 ...
The December edition of Eurobuild is full of events and emotions, market news and expert opinion pieces. Enjoy your reading!
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 first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.
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 ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
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 ...
DL Invest Group has finalized the acquisition of a production and warehouse complex in Bielsko-Biała, with a total rental area exceeding 270,000 sqm.
CTP has agreed to a EUR 155 mln deal to acquire an industrial site spanning over 830,000 sqm in Düsseldorf, North Rhine-Westphalia. The seller is Vall ...
Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and ...
BNY, the global financial services provider, has moved its Polish office to the Centrum Południe building in Wrocław. The company has taken 20,000 sqm ...
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 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 ...
Nearly 1,500 flats in six stages will be built in Wrocław as part of the Apartamenty Krakowska project being developed by Robyg on land adjacent to th ...
A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek. The investment will be led by Redkom Devel ...
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 ...
7R will develop a technology and production hub on the site of Kraków's ‘Ruszcza’ Logistics and Industrial Centre. The 230,000 sqm investment will be ...