Investment & finance
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Investment & finance
Bricostore becomes warehouse
HUNGARY, The former Bricostore DIY-unit in Törökbálint on the outskirts of Budapest has been sold to Hungarian toy company Régió.
Investment & finance
Smíchov Gate snapped up by Redside
CZECH REPUBLIC AEW has sold the Smíchov Gate office building in Anděl-Smíchov (Prague 5) to Czech investor Redside for an undisclosed sum.
Investment & finance
Mrągowo hotel sold to Bekdas entity
POLAND Orbis has finalised the sale of the Mercure Mrągowo Resort & Spa hotel to Deporium Inc.
Investment & finance
Duetto I sale goes through
LITHUANIA Finnish developer YIT has finalised the sale of the Duetto I office building in Vilnius to Baltic Horizon Fund for app. EUR 15 mln.
Higher turnover for Redan
POLAND Redan group’s annual turnover increased by 12 pct to PLN 619 mln.
Txm achieves 99.1 pct of expectations
POLAND The annual revenue of discount clothing retailer Txm, the owner of the Textilmarket chain of stores, increased by 20 pct to PLN 377 mln in 2016.
Investment & finance
CA Immo buys UI out of Prague and Buda buildings
CZECH REPUBLIC/HUNGARY CA Immo has completed the acquisition of 49 pct stakes from its joint venture partner Union Investment Real Estate in the Danube House and Infopark Research Centre office buildings in Prague and Budapest respectively.
Investment & finance
Dairy for Mrągowo
POLAND The European Investment Bank (EIB) has granted a loan of EUR 50 mln (around PLN 220 mln) for the construction of the Production Plant of Powdered Dairy Products of the Mlekpol Dairy Cooperative.
Investment & finance
CPI prepares huge portfolio acquisition
CZECH REPUBLIC/POLAND/HUNGARY/ROMANIA CPI Property has signed a framework agreement under which it is to buy a 265,000 sqm portfolio comprising mainly of shopping centres across the Czech Republic, Hungary, Poland and Romania.
EBRD funds student halls
POLAND The European Bank of Reconstruction and Development (EBRD) is to grant a loan of PLN 118.83 mln (EUR 27.07 mln) to finance the development of a private student accommodation network – Student Depot.
No PLN 120 mln Mlocum takeover
POLAND Marvipol and Mbank have broken off talks over the acquisition of Mlocum.
Raiffeisen Evolution evolves into Strabag
EUROPE Vienna-based developer Raiffeisen Evolution Project Development has been renamed Strabag Real Estate (SRE).
Investment & finance
CBRE Global Investors acquires Letňany shopping centre in Prague
CZECH REPUBLIC CBRE Global Investors has acquired, on behalf of a separate account client, the Letňany Shopping Centre in Prague.
Investment & finance
EBRD invests EUR 10 mln in Pula shopping centre
CROATIA The European Bank for Reconstruction and Development is together with the Enterprise Expansion Fund to invest EUR 10 mln for the development of the Trgovački centar Max Stoja, a shopping centre in the city of Pula.
More retail investment in Poland, Ireland and Italy
EUROPE During the first three quarters of 2016 non-core markets experienced a significant rise y-o-y in retail real estate investment.
Immofinanz goes after cash
EUROPE Immofinanz has announced a EUR 300 mln bond issue (increased from EUR 200 mln) of convertible bonds with a denomination of EUR 100,000 representing 125.4 mln shares in the company or 12.84 pct of the current outstanding share capital of the company.
Aberdeen Asset Management sells Construdava
ROMANIA Colliers has announced that Aberdeen Asset Management Deutschland sold the Construdava building in Bucharest to AdamAmerica in 2016.
Russian investment forecast to grow to USD 4.5 bln this year
RUSSIA Commercial real estate investment volume is expected to grow to USD 4.5 bln this year, according to JLL.
C&W: Investment expected to grow by 6 pct
EUROPE Despite economic and political uncertainty investor activity on the European real estate market in 2017 is expected to grow by 6 pct, according to a report by Cushman & Wakefield’s European Capital Markets team. It is likely to be driven by the weakening of bond prices and investors interest in safe but growth-orientated opportunities.
Official approval for Eko Holding takeover
POLAND The Office of Competition and Consumer Protection [UOKiK] has approved the acquisition of Eko Holding by Eurocash on the condition of the sale of three Eko Holding stores: two in Podkarpackie Province (Gniewczyna Łańcucka and Zarzecze) and one in Opolskie Province (Chróścice). e
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
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 October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
The Accessibility Forum is just around the corner
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
Last day to register
PBSA enters the mainstream
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Tourism set to boom around the Med
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last y ...
Novotel comes to Croatia
Staycity to open first Aparthotel in Warsaw
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
DL Invest moves into data centres
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Brain Park Building C sold
ECE Work & Live enters Poland
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
One now full
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
Aon stays for longer
Office investment set to reach 1.4 bln
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
AFI starts work on Home V Korytech
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Student Depot extended in Poznań
StudentSpace comes to Warsaw
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
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
Nonko signs up with MLP
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.
