EUROPE Immofinanz has announced that in principle it has reached the settlement of a dispute resulting from the company’s merger in June 2010 with Immoeast.
Investment & finance
CEE REGION Luxembourg based fund Pradera European Retail Parks SCSp has finalised the acquisition of 17 retail properties in Germany, France and Poland from Ikea as part of a EUR 900 mln deal negotiated in March to acquire 25 retail parks.
BALTIC STATES Investment volume in commercial real estate reached EUR 1.19 bln in 2016, according to figures from Colliers International.
POLAND Polish State Railways (PKP), the Polish Post Office and PKP’s developer subsidiary Xcity Investment have signed a letter of intent to jointly develop land owned separately by the state enterprises.
POLAND Institutional investor Altus Investment Fund has bought a 5.49 pct stake in commercial developer Tower Investments. It is the second investment fund, after Trigon TFI, to invest in Tower Investment shares.
RUSSIA In Q1 2017, Russia’s real estate investment volume reached USD 830 mln, down 18 pct y-o-y, according to JLL. However, the agency expects investments to grow in the near future. According to its forecasts for 2017, this figure will reach USD 4.5 bln compared to USD 4.2 bln in 2016.
Investment & finance
POLAND J.W. Construction Holding has obtained a loan for the construction of the third stage of an estate in Katowice.
EUROPE Philips Lighting has announced its results for 2016, its first year of operations as a standalone company.
POLAND PDC Industrial Center 63, a joint venture company of Marvipol and PG Europe has signed a loan agreement with BGŻ BNP Paribas to develop 70,000 sqm logistic and warehouse complex near Grodzisk
POLAND/CZECH REPUBLIC Helaba has granted CPI Property Group a loan of EUR 354m loan for the purchase of three shopping centres and one mixed use building.
Investment & finance
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.
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.
POLAND Murapol Group has finalised the purchase of a 0.77 ha plot on ul. Karpia in Poznań.
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.
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.
POLAND Atal has reported good results for the previous year and has recommended paying a dividend to investors.
Investment & finance
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.
POLAND The Polish Financial Supervision Authority has approved the prospectus of grocery chain Dino Polska.
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.
POLAND Tower Investments has signed sales deals for three Warsaw properties worth over PLN 30 mln.
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 ...
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure ...
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 ...
Prologis has been awarded a BREEAM International New Construction certificate with a rating of Outstanding for its new warehouse development in Ujazd ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
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 ...
Once again, for the 15th time, the real estate sector is to come together for a worthy cause in support of the Ronald McDonald House Poland Foundation ...
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
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 ...
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The National Appeals Chamber (KIO) has dismissed the appeal lodged against the construction of foundations for the passenger terminal of the Port of P ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
The investment land market in Poland is entering a phase of structural shortage in prime locations. With continued developer demand, this translates i ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Shire - Beyond Coworking, a nationwide operator of premium serviced offices, has signed a lease for approximately 2,000 sqm for space in the Pozna ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Polish State Railways (PKP) is to modernise the station in Gronów Elbląski. The design is ready, and the company has now announced a tender to select ...
The Moja Oszmiańska residential project is being jointly developed by Grupo Lar Polska and Hanner in Warsaw's Targówek district. The investors have no ...
The Karuzela Ełk Retail Park will be expanding its offerings with the addition of a fitness club. On June 16th, Xtreme Fitness Gyms will join the tena ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
CTP has completed the first phase of the transformation of the former Zátiší barracks in Plzeň into a modern mixed-use business park.
June 2026