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.
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.
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.
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.
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.
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.
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.
UKRAINE Megapoliszhilstroi [Мегаполисжилстрой] plans on opening the Respublika mix-use centre in Kyiv in May 2015.
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.
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.
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.
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.
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 ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
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 ...
As the student accommodation (PBSA) sector finally takes off in Poland, it is now increasingly attracting international operators and investors. One o ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
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 Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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 ...
Residential developer Develia has signed a preliminary agreement to acquire all the shares in Bouygues Immobilier Polska, the Polish subsidiary of Bou ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
US technology, communications and security company Motorola Solutions has signed a five-year lease renewal, starting in August 2027, for app. 18,000 ...
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 ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
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 ...
ESA logistika has leased 15,000 sqm in Prologis Park Piotrków.