Investment & finance
HUNGARY Accor, the majority shareholder of Orbis (52.7 pct) is buying the Sofitel Budapest Chain Bridge hotel via a subsidiary.
CEE REGION The total commercial real estate investment volume across Central and Eastern Europe grew 11 pct to EUR 11 bln in 2016, bucking the wider trend across Europe, where volumes shrank year-on-year, according to Cushman & Wakefield. In Q4 2016 alone, the total investment across the region reached EUR 4.4 bln, a 27 pct increase on a year ago.
EUROPE Immofinanz has sold app. 4.5 mln of ordinary shares in Austrian residential builder and manager BUWOG.
Investment & finance
CZECH REPUBLIC CBRE Global Investors has acquired a EUR 108 mln loan from Pbb Deutsche Pfandbriefbank for the acquisition of the Letňany shopping centre in Prague. Letňany,
Investment & finance
POLAND Echo Polska Properties (EPP) has announced the signing of a preliminary agreement to acquire four shopping centres across Poland from funds managed by Blackstone.
HUNGARY The Hungarian commercial real estate investment market doubled from EUR 745 mln in 2015 to EUR 1.54 in 2016, according to the latest report by CBRE.
HUNGARY US fund manager BlackRock is to set up an innovation centre in Budapest.
POLAND Atal has announced that it sold 2,436 apartments in 2016, 44 pct more than the 1,689 apartments sold in the previous year.
POLAND A 20 ha near the Jabłonna ring road has been put up for sale by the Polish Academy of Sciences. “The academy is not planning to construction any scientific research facilities on the land, so the decision was made to sell,” says Tadeusz Latała, the chancellor of the Polish Academy of Sciences.
Investment & finance
SERBIA Plaza Centers has signed a sales agreement for the 32,300 sqm Belgrade Plaza shopping centre to BIG Shopping Centers, having signed a letter of intent in November last year.
POLAND The Ministry of Environment has signed a contract worth PLN 30 mln for plans to be drawn up to prepare Polish towns and cities with populations of over 100,000 people for the challenges posed by climate change.
Investment & finance
POLAND Moderna has purchased a historic building, which formerly housed Bank Polski, at the junction of ul. 3 Maja and 10 lutego in Gdynia. Since 1984 the building has been on the list of historic buildings, but it has not been renovated for many years.
POLAND The Polish tax office has acquired two office buildings on ul. Erazma Ciołka in Warsaw’s Wola district from Satoria Group.
POLAND The Sun & Snow group has issued PLN 10 mln worth of series A bonds, which will mature in three years time.
Investment & finance
POLAND Terra Casa has signed a loan agreement with Raiffeisen Polbank to finance 70 pct of the investment costs of the NY Residence project in Kraków.
Investment & finance
POLAND Firmus Group has earmarked around PLN 5 bln for projects in Poland over the next 10 to 15 years.
Investment & finance
RUSSIA Subsidiaries of Raven Russia have agreed to acquire three St Petersburg properties from EPI Russia I Ky, a fund managed by Northern Horizon Capital, for RUB 4.9 bln (app. EUR 77 mln).
POLAND A total of 13 investors have expressed interest in jointly developing two plots in Warsaw with Polish State Railways [PKP] affiliate Xcity Investment.
Investment & finance
HUNGARY, The former Bricostore DIY-unit in Törökbálint on the outskirts of Budapest has been sold to Hungarian toy company Régió.
Investment & finance
CZECH REPUBLIC AEW has sold the Smíchov Gate office building in Anděl-Smíchov (Prague 5) to Czech investor Redside for an undisclosed sum.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
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 ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Echo Investment signed a conditional sale agreement for React, the office building in Łódź. Upon conclusion of the deal, the asset will be acquired by ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.
