Investment & finance
RSSStrong demand for hotels
CEE REGION The volume of hotel transactions achieved in the first half of 2017 was more than EUR 700 mln with 34 transactions recorded in core CEE markets, according to data from Cushman & Wakefield.
CEE still booming
CEE REGION Real estate investment into the Central & Eastern European region rose 17 pct y-o-y in the first half of 2017 to EUR5.4 bln, according to data from Colliers International.
Sonae Sierra sees 9 pct growth in H1 2017
EUROPE Sonae Sierra recorded a net profit of EUR 64.2 mln in the first half of 2017, up 9 pct on the EUR 59.0 mln recorded in the same period last year.
Investment & finance
Proximo 1 sold for over EUR 116 mln
POLAND Hines has sold the Proximo I office building from the portfolio of the Hines Russia & Poland Fund to ČS nemovitostní fond (CSNF), a fund managed by REICO, for EUR 116.6 mln.
Investment & finance
Arcona buys Szczecin office
POLAND The Arcona Property Fund has finalised the purchase of Centrum Biurowe Maris from Bywater Properties for EUR 8.9 mln.
Murapol buys Katowice plot
POLAND Murapol has finalised the purchase of an investment plot with an area of 0.9 ha on ul. Nasypowa in Katowice for PLN 5 mln net.
Lublin looking for investors
POLAND The city of Lublin is looking for investors to develop two big plots in the city, and is planning the development of hotels retail and office space. One of the plots is in the district of Podzamcze, while the other is near the PKP railway station.
Good six months for Budimex
POLAND The Budimex Group has announced its H1 results. The parent company’s net profit came to PLN 194.6 mln in H1, compared to PLN 146 last year.
Eften enters Lithuania
LITHUANIA Eften Real Estate Fund II AS acquired a complex of almost 30,000 sqm gla comprising two class A buildings with warehouse and office premises, in the Kaunas Free Economic Zone from Genesta Nordic Baltic Real Estate Fund I.
Investment & finance
EUR 133 mln financing Deal for Business Park Sofia
BULGARIA OTP Bank, its Bulgarian subsidiary DSK Bank and Postbank have granted a EUR 133 mln senior financing package to Business Park Sofia with Pricing set at 2.65 pct, plus the three-month Euribor, and a stated maturity of 2027.
Investment & finance
City Zen and Kalvin Square sold
HUNGARY Europa Capital has concluded the sale of the Kalvin Portfolio, Budapest. The Kalvin Portfolio comprises two city centre office buildings in Budapest with a total floor area of 26,000 sqm.
Asbud plans two 30-storey towers
POLAND Asbud Group has acquired land for the development of two residential towers at Rondo Daszyńskiego in Warsaw.
Mas ups the ante
CEE REGION Mas Real Estate Investment has announced that it is to increase its capital commitment to its joint venture with Prime Kapital from EUR 200 mln to EUR 350 mln of preference share capital.
Cobblers come to Knjaževac
SERBIA Italian shoe maker Progetti has bought a greenfield investment site in Knjaževac, representing the first new industrial development in the area for 30 years.
Investment & finance
Kingfisher gobbles up Praktiker
ROMANIA British DIY retailer Kingisher, which owns the Brico Dépôt chain, is to buy its rival Praktiker in Romania for an undisclosed sum.
Factory to be sold for PLN 16 mln
POLAND Projprzem of Bydgoszcz has signed a preliminary contract with to sell its factory in Sępólno Krajeńskie to Eggersmann Polska for EUR 3.75 mln.
Most investment in retail
POLAND The volume of real estate transactions in Poland in H1 2017 was in excess of EUR 1.5 bln, representing a slight y-o-y rise. Acquisitions comprised as much as 59 pct of all the transactions.
Warsaw to spend PLN 100 mln on sport
POLAND The city of Warsaw has announced a tender for the modernisation of the Szczęśliwice sports centre, which includes a resurfacing of the 8,500 sqm dry ski slope and a refurbishment of the ski lifts.
Murapol takes stake in Football club
POLAND Murapol is to take a majority stake in RTS Widzew Association, the owner of the Widzew Łódź football team.
Piraeus lends for homes of impact
ROMANIA Impact Developer & Contractor has been granted a loan of RON 32.7 mln (app. EUR 7.1 mln) by Piraeus Bank Romania.
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.
