Investment & finance
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Investment & finance
Echo bond issue “heavily over-subscribed”
POLAND Investors have subscribed for all E-series public bonds Echo Investment plans to list on the Warsaw Stock Exchange’s Catalyst market in July.
Xcity returns to investor search
POLAND At the end of September or in early October this year, the Polish State Railways’ (PKP) real estate investment division Xcity Investment is planning to restart the process for choosing investors for development projects in seven locations across the country.
Blackstone Real Estate Partners Europe V Raises EUR 7.8 bln
EUROPE Blackstone has held its final close for its fifth European opportunistic real estate fund, Blackstone Real Estate Partners Europe V.
Last 12 months set CEE investment record
CEE REGION The one-year period between Q2 2016 to Q1 2017 set an all time record for CEE real estate investment with a total of EUR 12.2 bln according to CBRE.
Investment & finance
Danes near Zielona Góra
POLAND A Danish company has purchased a 20 ha plot in Nowa Sól, within the area of the Kostrzyn-Słubice Special Economic Zone, where it is planning to build a factory.
Echo prepares PLN 300 mln bond issue
POLAND Echo Investment has announced its Q1 financial results as well as plans for a PLN 300 mln bond issue.
M7 still not stopped shopping
HUNGARY/CZECH REPUBLIC M7 Real Estate has acquired a portfolio of eleven light industrial assets in Hungary and the Czech Republic for its CEREF I fund from a joint venture of Partners Group and Cromwell Property Group.
Polnord signs conditional purchase agreement
POLAND Polnord has signed a conditional purchase agreement for the right of perpetual usufruct to two plots in Gdańsk.
Warimpex finalises hotel portfolio sale
CEE REGION Warimpex has finalised the sale of a hotel portfolio consisting of eight hotels in the Czech Republic, Poland and Romania to the Thai investor U City. The company announced the sale in February, when the purchase contract was still pending subject to the fulfilment of the standard closing conditions for such real estate transactions.
Investment & finance
Echo without Tęcza
POLAND The Office of Competition of Consumer Protection [UOKiK] has approved the Echo Polska Properties takeover of shopping centres in Kłodzko, Wrocław and Zamość, however it has not consented to the takeover of Galeria Tęcza in Kalisz.
Investment & finance
LaSalle buys RiGa I for EUR 57 mln
CZECH REPUBLIC LaSalle Investment Management has acquired the River Garden I (RiGa I) office complex in Prague’s Karlín business district on behalf of its LaVA mandate for app. EUR 57 mln.
Investment & finance
Chinese buy Logicor for EUR 12.25 bln
EUROPE Blackstone has sold its European logistics platform Logicor, to China Investment Corporation for EUR12.25 bln.
Investment & finance
Echo seals deal for Galeria Młociny
POLAND EPP and Echo Investment have finalised the EUR 42 mln purchase from Rosehill Investments of the Galeria Młociny shopping centre, which is under construction in the northern suburbs of Warsaw.
Poland publishes long-awaited REIT legislation
POLAND The Ministry of Finance has unveil a proposal for a bill governing companies that are to be structured as ‘Real Estate Leasing Market Companies’ [SRWN], which are to be the equivalent of a Real Estate Investment Trusts on the Polish market.
NewCo to start trading on July12th
CEE REGION NEPI and Rockcastle have announced full details of their merger with the prospectus for the merged company NewCo having already been approved by the Johannesburg Stock Exchange.
Mirbud twice as good
POLAND In the first quarter, the Mirbud group generated revenue similar to Q1 last year and a gross profit from sales of almost PLN 4 mln.
Marvipol multiplies by dividing
POLAND The division of the Marvipol group into two stock exchange-listed entities is entering its final phase.
Griffin Premium RE announces loss but plans dividend
POLAND In the first quarter of 2017 the net operating income of Griffin Premium RE was over EUR 5.9 mln, up by 3 pct y-o-y. Nevertheless the company made a net accounting loss of EUR 5.1 mln, which as the company claims was mainly the “result of the strengthening of the Polish złoty against the euro”.
Investment & finance
Galeria Świdnicka sold
POLAND Calioppe Investments, owned by Catalyst Capital managed fund CEPF II. has acquired the Galeria Świdnicka mall from Rank Progress in a EUR 26.7 mln transaction that includes EUR 15.2 mln of debt financing.
Czech investment doubles in Q1 2017
POLAND Czech property market investment grew in Q1 2017 by EUR 1.57 bln, which was almost double the transaction value compared to the same period last year, according to the ‘Market Overview for the Czech Republic" for Q1 2017’ report by Collierws International.
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
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
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
Santander loans EUR 10 mln to Panattoni
Panattoni has secured a loan of EUR 10 mln from Santander Bank Polska for the construction of the second stage of City Logistics Warsaw Airport IV.
Strong start to 2025
European RE investment rebounds
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
Atlas Estates secures major loan from Bank Pekao
Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsa ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Bucharest office market down 31 pct on H1 2024
Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first ha ...
Construction of U•Center 3 begins
First new tenant for V Office building
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
Supernova expansion for Eleport
Shopping centre operator Supernova Group has entered into a strategic partnership with Estonian electric vehicle charging station provider Eleport, wh ...
Scallier to take on five more retail parks
Andersa retail park to open in 2026
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
Third centre for MSK Pharma
After developing MSK Bensheim I and MSK Bensheim II, Panattoni has been commissioned to build a third centre for pharmaceutical company MSK Pharma Gro ...
