Investment & finance
RSSEcho racks up PLN 50 mln profit
POLAND Echo Investment has posted a net profit of PLN 50 mln for the third quarter of the year.
Dekpol buys land for 60,000 sqm development
POLAND Residential developer Dekpol is finalising the purchase of a 13 ha plot in Gdańsk from a private investor for around PLN 21.4 mln.
Europeans growing richer
EUROPE The average European consumer has a net disposable income of EUR 13,937 per person in 2017, which represents a 1.9 pct rise on last year, according to the ‘Purchasing Power Europe 2017’ study of GfK.
EUR 1 bln pan-European logistics joint venture
EUROPE Palmira Capital Partners and the European Principal Finance III fund managed be Apollo Global Management have established a EUR 1 bln pan-European logistics joint venture.
Investment & finance
Gránit Pólus refinances WestEnd and plans 450,000 sqm project
HUNGARY Gránit Pólus is planning to build a 320,000 – 450,000 mixed-use development on a 9.4 ha plot near the Budapest-Nyugati (Western) railway station and has also announced that it has refinanced the WestEnd City Center complex which was developed two decades ago.
Prague leads the way
CZECH REPUBLIC Prague was Central Eastern Europe’s top performer for office investment in the first nine months of 2017, with a total of EUR 746 million worth of assets transacted over this period, claims Knight Frank.
The Hillwood of Oz
EUROPE Hillwood, a company associated with American billionaire Ross Perot, is to set up a new logistics fund with Australian-based First State Super.
Successful bond issue for Takko Fashion
EUROPE Takko Fashion has issued corporate bonds worth EUR 510 mln to refinance to buy back other bonds ahead of their maturity and in doing so it has considerably reduced its financing costs.
Investment & finance
Toruń Plaza sold
POLAND Plaza Centers has completed the sale of the Toruń Plaza shopping centre in Toruń.
Investment & finance
M1 portfolio changes hands
POLAND A portfolio of 28 retail centres (including M1 Shopping centres) in Poland is to change hands are changing their owner.
More loans expected in Europe
EUROPE Lenders expect to see a growth in new lending, particularly to the residential, student accommodation and the logistics sectors, according the latest 2017 EMEA Lending Trends report by Cushman & Wakefield.
Investment & finance
OPG employs funds for Off
POLAND OPG Property Professionals has started employing the funds it has received for two office buildings in Łódź in a loan granted by Bank BGŻ BNP Paribas.
Investment & finance
Terms signed for Toruń Plaza sale
POLAND Plaza Centers has announced that it has agreed the final terms of the sale of the Toruń Plaza shopping centre to an undisclosed investment fund.
Investment & finance
EUR 81 mln for Galeria Bałtycka
POLAND The Deutsche Hypothekenbank is to refinance the Galeria Bałtycka shopping centre in Gdańsk with a loan of nearly EUR 81 mln.
Ronson sees revenues fall
POLAND Ronson Development has presented its Q3 results and announced a number of planned projects.
Investment & finance
GTC sees profits rise
EUROPE GTC has registered a EUR 112 mln profit for the first nine months of 2017, up 5 pct y-o-y. Most of the improvement is due to revaluation.
AmRest buys Wrocław hospital
POLAND AmRest, which operates chain restaurants, cafés and fast food bars across the region, including KFC, Pizza Hut and Burger King, has bought at auction a former hospital on ul. Traugutta in Wroclaw.
Etalon to pay 4 cents
RUSSIA Etalon declared an interim dividend for the first half of this year of USD 0.04 per ordinary share.
Investment & finance
Immofinanz sells Russian portfolio
RUSSIA Immofinanz has siold five shopping centres in Moscow to Fort Group for EUR 226 mln net (EUR 901 mln including EUR 675 mln of debt).
Investment & finance
Triuva sold
EUROPE Patrizia Immobilien has announced that it has acquired Triuva Kapitalverwaltungsgesellschaft significantly expanding its business in Germany and Europe. Both parties have agreed not to disclose the purchase price.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
GTC teams up with Paul
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
Well comes to Panattoni
LightOn with Outstanding design
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Romanian hotel market continues to recover
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 ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Investment on the return
A clear recovery can be seen in the investment market, according to the latest research by Savills. The transaction volume in Europe increased by 11 p ...
real estate investment booms
Strong Romanian volumes in H1
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
First new tenant for V Office building
The refurbishment of the V Tower office building in Warsaw is nearing completion with the first tenant to move into the building in the autumn. The St ...
Warsaw offices squeezed by fewer deliveries
Landlord’s market begins for Warsaw offices
Property and Facility Management
Savills to manage for Yareal
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
Studio B under new management
Cushman feels the Vibe
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Zeitraum – Racławicka to open for next semester
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios Gdansk Old Town unveiled
Heimstaden starts apartment sales
Retail & leisure
Scallier to take on five more retail parks
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
Andersa retail park to open in 2026
Redkom to open Białystok retail park
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
7R Park Gdańsk IV extended
Work has been completed on the second stage of 7R Park Gdańsk IV in Barniewice, in the Tricity area. Dekpol Budownictwo was the general contractor.
