EUROPE In the first three quarters of 2015/16 Immofinanz has recorded net profit of EUR -146.1 mln, as compared to EUR 123.8 mln after Q3 2014/2015.
EMEA REGION Poland has been ranked sixth in terms of investment attractiveness in Europe, according to the latest 2016 EMEA Investor Intentions Survey by CBRE.
EUROPE A record of EUR 123.6 bln in new equity was raised for non-listed real estate in 2015, according to the ‘Capital Raising Survey 2016’ by the European Association for Investors in Non-Listed Real Estate Vehicles (INREV).
EUROPE CBRE Global Investors is planning to invest EUR 5.3 in new acquisitions across European markets in 2016.
Investment & finance
POLAND The Polish Office of Competition and Consumer Protection (UOKiK) has expressed a number of reservations concerning the acquisition by Unibail-Rodamco of control over the ZT General Partner and Warsaw III companies, which own the Złote Tarasy shopping centre in Warsaw.
EUROPE AFI Properties, the Israeli parent company of AFI Europe, has registered an almost 17 pct drop in profit, from EUR 60 mln last year to EUR 50 mln in 2015, according to the company’s latest yearly financial report.
Investment & finance
WORLD Fashion retail group Inditex expects to open 400 to 460 stores gross this financial year, as it continues to expand both its store and online portfolio.
POLAND PG Europe, a part of the Panattoni capital group, is joining forces with CSJV CP Logistics Europe, which belongs to the US public retirement fund California State Teachers' Retirement System.
Investment & finance
POLAND Warsaw-listed restaurant operator Amrest aims to significantly strengthen its position on the CEE markets it operates on, as it posts a 13.1 pct increase in revenues, to PLN 3.33 bln (EUR 798 mln), in FY 2015.
CEE REGION Peakside Capital, through its Central and Eastern European team, completed over EUR 550 mln in transactions in 2015, to add to its substantial asset and debt management activities.
POLAND Vantage Development has purchased a plot from the Municipal Transport Company (MPK) in Wrocław for PLN 11.5 mln. The company aims to develop a residential project there.
Investment & finance
ROMANIA Romanian Commercial Bank (BCR), a member of Erste Group, has appointed Knight Frank to market the Silver Mountain residential and hotel complex in Poiana Brasov in Transylvania.
Investment & finance
POLAND Xcity Investment has prolonged its invitations to a selection of investors for 15 development projects with an estimated combined commercial area of over 250,000 sqm.
POLAND Vantage Development, a subsidiary of Promenada VII VD, has concluded a preliminary contract with FSMnW Wrocław for the construction of a building on ul. Zakładowa in Wrocław.
CZECH REPUBLIC The final quarter of 2015 saw the biggest gross take-up in the history of the Prague office market, according to a report published today by Colliers International on Q4 2015 in the Czech Republic.
Investment & finance
LATVIA 2015 was a record post-crisis year in terms of real estate investment, with a volume of over EUR 1 bln in the commercial real estate segment of all three Baltic States, according to the latest Colliers International report. The annual review has been published together with Sorainen and KPMG.
Investment & finance
Recently some changes have been introduced to the Budner shareholder structure. The company has appointed a new management board. Will Budner’s strategy now change? Gregor Sobisch, the president of the board at Budner: Our company, which boasts a 25-year history and experience, has specialized in general construction and execution of housing projects so far. Now we are taking a turn as the company’s profile is to be extended by additional strategic operations. They are to facilitate and speed up further development of the company. General construction will be one of the arms of our business growth.
Investment & finance
POLAND In FY 2015 the Jeronimo Martins-owned Biedronka discount grocer has reported revenues of EUR 9.2 bln, a 9.2 pct increase on 2014.
CEE REGION In 2015 the European Investment Bank (EIB) has backed Polish investment projects with a total of EUR 5.54 bln, including the road, transport and city infrastructure projects. This year the EIB will aim to focus on increasing the pace of modernisation of Polish cities, promoting major investments in the energy sector and supporting SMEs and midcaps.
Investment & finance
POLAND Slovakian companies Penta Investments and Krockella Limited have purchased entities that together hold 37.2 pct of the shares in the Empik Media & Fashion (EM&F) group and had belonged to subsidiaries of Eastbridge.
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 ...
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkas ...
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 ...
Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakef ...
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 ...
