The INREV Quarterly Index for the first quarter of 2020 has revealed the initial signs of the negative effects of the Covid-19 pandemic on the European real estate sector, with the lowest quarterly performance since Q4 2012.
Chariot Top Group, a company managed by Griffin Real Estate, has sold a 1.8 ha investment plot on al. Górnośląska in Katowice to an undisclosed buyer,
Goodman European Partnership (GEP) has completed the sale of 26 logistics properties in Poland, Slovakia, Czech Republic and Hungary to GLP for around EUR 1 bln.
NEPI Rockcastle and AFI Europe have entered into a new memorandum of understanding as a result of arbitration proceedings following AFI’s suspension of its takeover of NEPI Rockcastles’s Romanian office portfolio.
Average prime industrial and prime shopping centre yields across mainland Europe have converged for the first time in recorded history, as demand for logistics soars due to the e-commerce boom, according to research by Savills.
AFI Europe’s EUR 300 mln deal to buy NEPI Rockcastle’s Romanian office portfolio has fallen through with the seller insisting that Covid-19 restrictions have prevented the purchase – a claim denied by NEPI Rockcastle, which is now demanding EUR 15 mln compensation from the Israeli-owned company.
East Capital Real Estate IV has acquired SEB's head office in central Tallinn from Partners Group and Northern Horizon for EUR 45.75 mln.
An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.
Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.
Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.
A general meeting of shareholders has approved the appointment of Tomasz Trzósło to the position of CEO of EPP.
Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.
French investor Corum Asset Management has completed the acquisition of the new DSV International Shared Service Centre in Warsaw’s Mokotów business district from DSV in a sale-and-lease-back deal.
British retailer Tesco has announced the sale of its Polish hypermarket chain to Salling Group, the Danish owner (among others) of the Netto chain.
Vienna-based asset and investment manager GalCap Europe has acquired the Rumbach Center in Budapest’s central VII district for a German pension fund for an undisclosed sum.
Reino Capital has announced that it has concluded the purchase of the Logistic City complex in Piotrków Trybunalski in central Poland for an undisclosed sum.
Albert ČR has sold its shopping centre in Čestlice, on Prague’s southeastern outskirts, to HSTN Holding for an undisclosed sum.
RICS has launched an online mediation service as a response to the growing number of real estate market disputes, including rental payment disputes resulting from the covid 19 crisis.
The percentage of investors in Europe planning to focus on new markets plummeted from 20 pct in January to zero at the end of April, according to Deloitte’s latest market confidence survey.
HUNGARY Allianz Real Estate has completed the 100 pct acquisition of the Eiffel Square office building in Budapest.
Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. N ...Editorial
Guess who’s on the front cover? If you don’t know him, and probably you don’t, he’s the building manager of a certain residential project in Warsaw. You could see him as symbolisin ...Warehouse & industrial
POLAND This spring saw Panattoni both complete and launch work on several new buildings.
Finnish studio ALA Architects has won the competition to design an extension to the Estonian Business School in Tallinn’s central Maakri district.
Four mega-projects are currently under construction in Poland with a combined value of PLN 17 bln (EUR 3.8 bln), according to research by construction ...
Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its ...
POLAND Wildberries, the Russian online retailer that debuted on the Polish market in January, has revealed some of its initial Polish sales figures.
The aim of the Eurobuild Awards is to promote the key players of the real estate sector by recognising their achievements. Our long-term goal is also ...
It is our immense pleasure to present to you the new, improved Eurobuild website. And this won't be the last thing we have to say on this subject!
This year, our ‘Suits on Bikes’ cycle ride will start in Warsaw’s Służewiec business district. The starting point will be the Ambassador Office Buildi ...
United Business Center 3 in Timișoara has become the only LEED ‘Platinum’ certified office building in Romania outside Bucharest and only the third in ...
Accor has signed a management agreement with Alexandra Residence Design to open 144-room Ibis hotel near the future Terminal 2 of Bucharest’s main Hen ...
POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.
Skanska together with railway electrification Elektrizace železnic Praha (Elzel) has been awarded a contract with Správa železnic (SZDC) for the upgr ...
EUROPE Gala Collezione has a range of reclining armchairs perfect for reading, watching movies and talking on the phone.
The INREV Quarterly Index for the first quarter of 2020 has revealed the initial signs of the negative effects of the Covid-19 pandemic on the Europea ...
Freight forwarding company Sennder has leased more than 1,200 sqm of office space in the first stage of Centrum Południe in central Wrocław.
POLAND Local Heroes has opened its first fashion store of 81 sqm at ul. Mokotowska 49 in the Mokotowska Square building in Warsaw.
Rondo Business Park in Kraków is to be managed by Globalworth’s in-house team from July.
Skanska has been awarded a PLN 26 mln gross contract by the K. Marcinkowski Medical University in Poznań for the construction of a new wing of the Kar ...
Aurec Home has launched the sales process for the 163 apartments in the first stage of its Miasteczko Jutrzenki estate in Warsaw’s Włochy district.
The opening of Colosseum Mall in Bucharest’s 1st district has been rescheduled to 2021 due to the pandemic, having been initially planned for the end ...
As many as 88 pct of EMEA occupiers intend to invest more in technology designed specifically to aid home working, according to CBRE’s 2020 EMEA Occup ...
Romanian courier firm Sameday has leased 2,300 sqm in VGP Park Timișoara.