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.
POLAND Krosno town council extended the Krosno-Airport investment zone to nearly 50 ha, 41.6-ha of which is part of the Special Economic Zone in Krosno.
EUROPE AXA Investment Managers – Real Assets has launched its new pan-European open-ended real estate fund, AXA Core Europe, for which it have initially raised over EUR 500 mln.
Investment & finance
HUNGARY Hungarian CRE investment volume reached EUR 745 million in 2015, a 62 pct increase on 2014, says CBRE in its report.
Investment & finance
RUSSIA Internet search provider Yandex has bought seven out of eleven buildings of the Krasnaya Roza office complex in Moscow from development company Krasnaya Roza 1875 (owned by KR Properties).
EUROPE Greater Chinese investment (including Hong Kong, Macau and Taiwan) in European commercial real estate reached EUR 8.5 bln in 2015, signifying a 22 pct increase on 2014, according to the latest research by Cushman & Wakefield.
Investment & finance
POLAND Okre Development has obtained financing from MBank for the construction of the Grójecka Offices building in Warsaw.
Investment & finance
CZECH REPUBLIC Struggling shopping centre developer Plaza Centers has agreed to sell its Liberec Plaza shopping mall in Liberec to an undisclosed buyer for EUR 9.5 mln.
WORLD The number of wealthy people, meaning those with USD 30 mln or more in net assets, declined by 3 pct last year. There are now around 187,500 the so-called ultra-high-net-worth individuals (UHNWIs) around the world, down from 193,100 in 2014, according to the latest Knight Frank report.
POLAND Dariusz Blocher, the president of the board of construction company Budimex, has stated that 2015 was a very successful year for the company.
Investment & finance
LITHUANIA Lithuanian upholstery and decorative fabrics producer and furniture retailer Audėjas Group has completed a number of complex inter-related real estate transactions with a total value of more than EUR 11 mln.
POLAND Orco Property Group has disposed of an industrial and logistics project in Marki near Warsaw.
Investment & finance
CENTRAL EUROPE Munich-based investor Allianz Real Estate and Brussels-based industrial developer VGP have entered into a 50:50 joint venture with an overall transaction value of EUR 500 mln to purchase Central European projects exclusively owned by VGP.
Investment & finance
WORLD South African real estate investment trust (REIT) Redefine Properties is acquiring a 75 pct stake in Echo Prime Properties, an Echo Investment subsidiary that controls all 18 of Echo Investment's commercial properties estimated at EUR 1.18 bln, for EUR 362 mln.
EUROPE European commercial real estate investment activity is expected to set another historic record this year, according to the latest report by Cushman & Wakefield.
Investment & finance
POLAND Griffin Real Estate aims to grow its presence on the Polish private student housing market. In the next three years the company plans to develop a portfolio of 7,000-8,000 dorm rooms.
Investment & finance
POLAND A 119,000 sqm Amazon Wrocław warehouse, developed by Panattoni Europe, has been sold off, while another Amazon Polish fulfilment centre is to be sold soon.
EUROPE Only 7 pct of the surveyed real estate professionals expect their profits to decrease in 2016, according to the “Emerging Trends in Real Estate. Europe 2016” report by PwC and Urban Land Institute.
WORLD Over a half (52 pct) of the 600 investors surveyed by Colliers International is planning to increase real estate fund allocations in 2016, while only 11 pct of the respondents to decrease their investment, according to the “Global Investor Outlook” report.
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 ...
Redkom has announced that it has finalised the sale of a retail park under construction in Bielsko-Biała to Newgate Investment. The 17,000 sqm retail ...
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 ...
Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europac ...
Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currentl ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni has started construction of the new International Consolidation Centre (ICC) for Mercedes-Benz in Bischweier.
