POLAND/HUNGARY/SERBIA “Unfortunately I have some bad news for you: we don’t have any of the bad news that you enjoy so much,” was how Thomas Kurzmann, the president of GTC, introduced a press conference on its recent performance figures.
POLAND In March, City Service Polska purchased shares in Parama Group, which includes a number of companies such as Atrium 21, Concierge–Zarządzanie Nieruchomościami, Gerente–Serwis Nieruchomości, Skydas–Przeglądy Budowlane, Hoone–Usługi Budowlane and Home Rent.
ROMANIA Warsaw-listed GTC has acquired two small office buildings in Bucharest.
SOUTH AFRICA/ SLOVAKIA Johannesburg-listed property fund Accelerate is establishing a CEE-focused investment platform aimed at acquiring single-tenant net-leased retail, industrial and office properties. It has just announced its first, app. EUR 140 mln deal.
POLAND In 2016 Carrefour Polska is planning to earmark app. PLN 260 mln for projects in Poland, similar to last year’s amount, i.e. PLN 267 mln.
POLAND Vastint Poland has purchased land for a number of large commercial and residential projects in Warsaw, Gdańsk and Poznań.
POLAND In Q1 2016 Robyg signed sales contracts for 727 apartments, Vantage Development sold 250 apartments, Dom Development found buyers for 615 apartments, Polnord sold 276 apartments and Archicom sold 215 apartments. For each of these companies this was the best first quarter on record.
POLAND Colliers International will now also advise on the development of workplace strategies. The company has just established a new department, Workplace Innovation.
EUROPE In its last financial year Bratislava-based developer HB Reavis Group has posted a 175 pct y-o-y increase in consolidated net profit, to EUR 245 mln.
EUROPE Immofinanz has entered into an agreement to take over another Austrian property company. It has acquired 25,690,167 ordinary shares, around 26 pct of the share capital and voting rights in CA Immobilien Anlagen Aktiengesellschaft from O1 Group Limited and Terim Limited.
POLAND Footwear chain CCC will have to pay over PLN 100 mln more for the purchase a stake in online footwear retailer eobuwie.pl because the EBITDA of Eobuwie exceeded PLN 15 mln in 2015 – the agreed threshold above which the additional fee was to be charged.
POLAND Union Investment has acquired the Ferio Konin shopping centre in Konin from Rockspring Property Investment Managers for an undisclosed sum.
CZECH REPUBLIC South African property investor New Europe Property Investments (NEPI) has bought the Forum Ústi nad Labem shopping centre in an EUR 82.6 mln transaction.
RUSSIA Residential developer Etalon Group has recorded a 156 pct y-o-y increase in the number of new contracts for the first quarter of 2016.
CEE REGION Peakside Capital has acquired additional capital of over EUR 100 mln for opportunistic real estate investment in Central and Eastern Europe, which is to be invested by the end of 2016.
EUROPE Bridgepoint has been given permission by the European Commission to take over the Smyk group.
SOUTH AFRICA Johannesburg-listed property fund Pivotal is to acquire an app. 6 pct stake in the Echo Prime Properties portfolio from Redefine for EUR 30 mln.
POLAND Alma Market has sold three retail properties from its Olive portfolio to Skarbiec TFI for app. PLN 27 mln.
POLAND Subscriptions for a tranche of Biuro Inwestycji Kapitałowych shares earmarked for individual investors are to be made from April 14th to April 19th.
POLAND Golub GetHouse has agreed to sell the Prime Corporate Center office tower in Warsaw to Warburg-HIH Invest Real Estate.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
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 ...
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building St ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of w ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
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 ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkas ...
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have ...
Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be construc ...