Investment & finance
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Investment & finance
Globalworth takes over Griffin Premium RE
POLAND Romanian investor Globalworth Asset Managers has signed a conditional investment agreement to buy a majority stake in Griffin Premium RE of between 50.01 pct and 67.9 pct.
Record-breaking orders for Strabag
EUROPE The output volume of Strabag rose up by 10 pct in the first half of 2017. The company has an order pipeline at a record level of EUR 16.5 bln – and it is 7 pct more than in the same period of last year. Strabag has also confirmed its outlook for 2017 – it is aiming for higher output volume, while its EBIT margin has been targeted at over 3 pct.
Investment & finance
Pentagon sold
LITHUANIA Icor has sold the Pentagon office building in Vilnius and the grounds around it to the Finnish company Technopolis for app. EUR 32 mln.
Investment & finance
Savills returns to Hungary
HUNGARY Savills has re-entered the Hungarian market by forming a partnership with property advisor Eston International.
Investment & finance
Pbb refinances Banská Bystrica mall
SLOVAKIA Pbb Deutsche Pfandbriefbank has provided a EUR 22 mln medium term loan to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE) to refinance the Europa SC mall in Banská Bystrica.
Investment & finance
Unibail-Rodamco to buy into Prague mall
CZECH REPUBLIC Unibail-Rodamco is aiming to acquire a stake in the Metropole Zličín shopping centre in Prague 5.
Investment & finance
Eurocash adds Mila to its basket
POLAND Eurocash has signed a preliminary purchase agreement for a 100 pct stake in Demelius Limited, which owns the more than 180-store Mila supermarket chain.
Investment & finance
J.P. Morgan announces Polish entry
POLAND J.P. Morgan, the bank with the highest market capitalisation in the world, is to open an office in the centre of Warsaw. It will employ 3,000 people over the next few years.
Slower three months for Russian investment
RUSSIA In the first three quarters of the year, Russia’s real estate investment declined by 13 pct compared to the same period of the previous year, reaching USD 2.7 bln, JLL reports.
Investment & finance
Malaysians eye second part of Gdański
POLAND Kwasa Europe is planning to buy two buildings, C and D, of the Gdański Business Center office complex in Warsaw from HB Reavis.
Investment & finance
Warsaw Spire partly sold
POLAND Ghelamco has completed a transaction for the sale of building B of the Warsaw Spire office complex.
Investment & finance
Shock change to Polish REITs
POLAND The Polish equivalent of REITs [SRWNs] will not be introduced right at the beginning of 2018 as planned – and will also not include commercial real estate.
Investment & finance
“Largest CEE logistics asset” sold to Chinese
SLOVAKIA Prologis Park Galanta-Gáň has been sold to state-owned Chinese entity CNIC Corporation for an undisclosed sum.
Investment & finance
Galeria Słoneczna sold
POLAND Mutual fund ČS nemovitostní fond managed by REICO Českéspořitelny has purchased the Galeria Sloneczna shopping centre in Radom.
Investment & finance
NEPI Rockcastle in Paradise
BULGARIA NEPI Rockcastle subsidiary NEPI Project Two has acquired all the issued shares in, and claims against, Bulfeld, the owner of Paradise Center in Sofia.
Murapol with PLN 190 mln revenue
POLAND Murapol Group has reported revenues of PLN 190.6 mln with an operating profit of PLN 49.2 mln and a net profit of PLN 37.2 mln for H1 2017.
Echo oversubscribed
POLAND Echo’s latest bond issue (series F) worth PLN 125 mln was oversubscribed.
LC Corp to be sold?
POLAND Open Finance, Leszek Czarnecki, LC Corp, Getin Noble Bank and Open Life TU Życie are planning to sell a 51.17 pct stake in LC Corp for a minimum price of PLN 2.05 per share.
Investment & finance
Arena goes to NEPI Rockcastle
HUNGARY NEPI Rockcastle has acquired the Arena Plaza Shopping centre in Budapest for an aggregate purchase price of EUR 275mln.
Strong performance by Echo
POLAND Echo Investment has reported a consolidated net profit of PLN 187 mln for H1 2017 which compares to PLN 302 mln last year.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Budimex to rebuild the I/43 Road
Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (E ...
Budimex to complete Bydgoszcz hospital expansion
Berger Bau to modernise Wrocław police headquarters
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
Data centres
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
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
Signum Work Station earns WELL Health-Safety Rating
Signum Work Station, an office building on Domaniewska Street in Warsaw, has received the WELL Health-Safety Rating from the International WELL Buildi ...
EPP meets 2030 emissions reduction targets ahead of schedule
PAD RES launches 24 MW solar farms in Koszalin district
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
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
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Vilea joins Christie’s luxury property network
Vilea Property Boutique has become the exclusive Christie’s International Real Estate partner in Poland. The partnership brings the Polish firm into t ...
PGIM sells data centre development
Mint rezidenční fond buys 306 apartments in Prague
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
Full façade closure for second stage of H2Offices
The façade is now fully closed at Skanska’s H₂Offices Phase 2 in Budapest, while roof waterproofing is also complete. The building is now weather-tigh ...
Łódź City Council to move to University Business Park
Unimot renews lease in DL Jagiellońska 1
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Mill-Yon launches sales at Osiedle Brzechwy in Pruszków
Mill-Yon has launched sales at Osiedle Brzechwy in Pruszków. The development will comprise five four-storey buildings with 289 apartments ranging from ...
OKAM brings SiDLY telecare to PRESTIA senior residences
Dantex plans Nurt residential project in Wilanów
Retail & leisure
Xtreme Fitness Gyms to open at Gemini Park Tarnów
Gemini Park Tarnów is adding a new fitness and leisure concept. Xtreme Fitness Gyms, Poland’s largest fitness club network, will join the centre’s ten ...
Castorama Studio Projektowe opens in Galeria Świdnicka
Retail parks strengthen their position in Poland
Technology
Singu takes over QRmaint
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Łukasiewicz Research Network opens technology laboratory
Skanska installs NHIB in Studio A
Warehouse & industrial
Phoenix Pharma stays with Segro
Phoenix Pharma Polska has renewed its lease at Segro Logistics Park Warsaw, Pruszków, where it occupies 8,635 sqm of warehouse space and around 700 sq ...
