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.
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
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
POLAND The Arcona Property Fund has finalised the purchase of Centrum Biurowe Maris from Bywater Properties for EUR 8.9 mln.
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.
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.
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.
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
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
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.
POLAND Asbud Group has acquired land for the development of two residential towers at Rondo Daszyńskiego in Warsaw.
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.
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
ROMANIA British DIY retailer Kingisher, which owns the Brico Dépôt chain, is to buy its rival Praktiker in Romania for an undisclosed sum.
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.
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.
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.
POLAND Murapol is to take a majority stake in RTS Widzew Association, the owner of the Widzew Łódź football team.
ROMANIA Impact Developer & Contractor has been granted a loan of RON 32.7 mln (app. EUR 7.1 mln) by Piraeus Bank Romania.
POLAND Plaza Centers has announced the final sale agreement for the disposal of a 1.8 ha plot in Leszno for EUR 810,000.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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 ...
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
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 ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last y ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
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 ...
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.