Investment & finance
RSSWarimpex 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.
Warimpex posts profit and completes Airportcity
EUROPE Warimpex has announced that it made a profit in Q1 this year of EUR 4.7 mln, which compares to a loss of EUR 0.5 mln in the preious year.
Investment & finance
W.P.Carey continues DIY investment
LITHUANIA/ESTONIA/LATVIA CPA:17 – Global, a REIT managed by W. P. Carey, has bought a EUR 127 mln majority stake in real estate investment vehicle Baltic Retail Properties.
Investment & finance
Blackstone prepares to sell Logicor
EUROPE Blackstone is in negotiations with China Investment Corporation for the sale of its warehouse platform Logicor, reportedly for more than EUR 12 bln.
Court approval of Immoeast settlement
EUROPE The commercial court in Vienna has approved the settlement to end the legal review of the exchange ratio applied in the merger of Immoeast and Immofinanz in 2010.
Warsaw and Gdansk for Robyg
POLAND Robyg has recorded a revenue of PLN 69.5 mln for Q1 this year while its net profit attributable to the shareholders of the parent company came to PLN 2.5 mln.
Dom closes in on Euro Styl
POLAND Dom Development is planning to acquire the Euro Styl capital group for PLN 260 mln.
Victoria Dom issues PLN 10 mln in bonds
POLAND Victoria Dom is to issue corporate bonds worth PLN 10 mln.
Financing for Gdańsk developer
POLAND Developer Towarzystwo Inwestycyjne Investing has raised PLN 9 mln in a bond issue organised by Upper Finance.
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
Fresh perspectives for the autumn!
The September edition of Eurobuild welcomes autumn with fresh insights and inspiration. While the weather cools down, the real estate market is heatin ...
Eurobuild celebrates its 300th issue!
The June issue of Eurobuild is now out!
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
Building momentum for the future
The Bricomarché chain is celebrating its 25th anniversary in Poland. On this occasion, we speak with Katarzyna Jańczak-Stefanide, General Manager of t ...
Ziv Zviel of Atlas Estates
Not just for the rich
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 hotels grow
Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & ...
Leonardo expands in JM Tower
Self service in Opole
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
Strabag constructs Deleni wind farm
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
Tender awarded for CPK rail changes
Most of the land now acquired for CPK
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
Quantum acquires Panattoni City Dock Mannheim Süd
Panattoni City Dock Mannheim Süd has been sold to Hamburg-based project developer and investment manager Quantum for an undisclosed price. The busines ...
More Polish investment in Poland
Yanfeng warehouse sold to Clarion Partners
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
BlmA stays on in Potsdam
The Federal Agency for Real Estate (BImA) has extended its lease for 8,000 sqm of office space at Behlertstrasse 3A in Potsdam with Sonar Real Estate. ...
Skyliner II shooting up
Grant Thornton to move into the Bridge
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Retail park set to open in Trzebiatów
A retail park is to open soon in Trzebiatów (West Pomerania). The centre is to comprise three buildings with a total area of 6,200 sqm and parking f ...
Three Multibox parks under development
Pasaż Łańcucki to open in 2027
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
Atrikom Fulfillment comes to Mettmann
Atrikom Fulfillment will occupy a total area of around 5,500 sqm in Garbe's multi-user logistics centre in Mettmann (North Rhine-Westphalia). The comp ...
