Investment & finance
RSS
Investment & finance
BH acquires sixth property
ESTONIA Following a capital raising, the Baltic Horizon evergreen fund has purchased the headquarters of Danish security company G4S in Tallinn and now has a portfolio of six buildings in the Baltic capital cities worth over EUR 100 mln.
Inpro sells less but makes more
POLAND TriCity-based developer Inpro Group generated PLN 29.3 mln of consolidated net profit in 2016 (up from PLN 25.8 mln in 2015) and sales revenue of PLN 204.6 mln – 3 pct less than last year, but with a net increase in profitability from 12 pct to 14 pct. Apartments sold by the group brought in app. PLN 178 mln gross. In 2017 the group intends to have 718 new apartments and houses available for purchase.
Murapol closes Poznań purchase
POLAND Murapol Group has finalised the purchase of a 0.77 ha plot on ul. Karpia in Poznań.
Erbud adds to portfolio
POLAND At the end of last year, Erbud Group had a record number of orders on its books, worth more than PLN 2 bln. The group also increased its revenue last year to almost PLN 1.79 mln, which was 4.34 pct higher than 2015. Its operating income (EBIT) rose 12.53 pct to PLN 45.8 mln.
UOKiK mulls its decision over Empik Platon fusion
POLAND The Office of Competition and Consumer Protection [UOKiK] has decided to analyse the potential effects of the proposed takeover of Platon by Empik in greater detail.
Atal announces dividend
POLAND Atal has reported good results for the previous year and has recommended paying a dividend to investors.
Investment & finance
CPI Property takes over eleven properties across CEE
POLAND/CZECH REPUBLIC/HUNGARY/ROMANIA CBRE Global Investors has completed its planned sale of an 11 property portfolio mostly made up of shopping centres located in the Czech Republic, Poland, Romania and Hungary to CPI Property Group for around EUR 650 mln.
Dino’s prospectus approved
POLAND The Polish Financial Supervision Authority has approved the prospectus of grocery chain Dino Polska.
Atrium hit by Russian rent falls
EUROPE Atrium European Real Estate has recorded a net rental income of EUR 188,8 mln for 2016, which compares with EUR 197 mln for 2015. The company saw EUR 5.9 mln less income or a 15 pct fall in Russia.
Tower Investments PLN 30 mln the richer
POLAND Tower Investments has signed sales deals for three Warsaw properties worth over PLN 30 mln.
Record profits for Robyg
POLAND Robyg Group has recorded a revenue of PLN 517 mln for last year (a figure that rises to PLN 766 mln when its share of revenues from joint venture projects is included). This represents an increase of 8 pct compared to 2015.
EUR 42.5 mln transaction on the industrial market
ROMANIA Dacia Pitesti auto parts warehouse has been sold.
Investment & finance
Skanska sells Maraton
POLAND Skanska has sold the Maraton office building in Poznań to the UniImmo: Deutschland real estate fund managed by Union Investment. The value of the transaction comes to EUR 62 mln.
Investment & finance
GTC summarizes and pays
EUROPE GTC has presented its financial results for 2016, while its board has recommended paying a dividend from the profit achieved in 2016.
Investment & finance
Dino poised to enter stock exchange
POLAND The Dino Polska grocery chain is drawing up plans to list on the Warsaw Stock Exchange.
Investment & finance
Five-star hotel changes hands
POLAND Europa Capital and Rezidor Hotels have applied to the European Commission for approval of the acquisition of the five-star Radisson Blu Centrum Hotel in Warsaw.
Archicom issues more bonds
POLAND Archicom has finished the book building for the second tranche bonds it has been planning and has increased the total value of its bond issue programme from PLN 100 mln to PLN 115 mln.
Investment & finance
Futureal Group and Erste Bank sign credit agreement
HUNGARY Futureal Group has signed a ten-year credit agreement for EUR 45.1 mln with Erste Bank to finance the development of the Corvin 5 office building in Budapest.
Ghelamco Invest plans bonds issue
POLAND Ghelamco Invest is planning to issue PLN 100 to PLN 160 mln of bonds, and the total value of the company’s issue programme could eventually reach PLN 400 mln.
Investment & finance
GalCap buys Budapest office building
HUNGARY Vienna-based investment manager GalCap Europe has bought the Merkúr Palota (the Mercury Palace) office building in Budapest VI from a private investor for an undisclosed sum.
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
Conseq and Accolade purchase 7R BTS Bielsko-Biała West I
Conseq and Accolade have purchased the 7R BTS Bielsko-Biała West I warehouse building with an area of 20,000 sqm in Międzyrzecz, near Bielsko-Biała.
Santander loans EUR 10 mln to Panattoni
Strong start to 2025
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
Romania now attractive to foreign retailers
Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real est ...
Supernova expansion for Eleport
Scallier to take on five more retail parks
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
Monosol starts production in Poland
MonoSol has opened a new manufacturing plant in Zimna Wódka in the Ujazd economic zone in Silesia. The company specialises in the production of water- ...
