ROMANIA Veranda shopping centre, situated in Bucharest’s Obor area, has secured a EUR 25.5 mln development loan from Raiffeisen Bank and Raiffeisen Bank International.
POLAND Centerscape Group has acquired four small retail properties in Chorzów, Prudnik, Rawa Mazowiecka and Trzcianka.
POLAND The Polish State Railways (PKP) has announced that in 2015 the company carried out 22 projects.
POLAND The Griffin Real Estate Group is aiming to raise PLN 300 mln from a bond issue programme and is planning more acquisitions. Griffin Real Estate is the company issuing the bond.
CEE REGION According to Cushman & Wakefield, investment activity in the major CEE markets, namely in Poland, the Czech Republic, Slovakia, Hungary and Romania, has increased to EUR 3.16 bln in Q4 2015, surpassing the pre-crisis 2006 levels.
EUROPE/ NETHERLANDS Colliers International has acquired the Netherlands-based property and asset management company WPM Groep.
POLAND The Polish state treasury has suspended the privatisation process of Grupa Hoteli WAM – a hotel network owned by the AMW (Military Property Agency).
WORLD CBRE is currently conducting negotiations over the acquisition of a Billfinger Real Estate-owned advisory GVA, while it might also want to take over some other Bilfinger real estate units, informs PropertyWeek.com.
SERBIA/MONTENEGRO South African shopping centre REIT Hyprop Investments has acquired a 60 pct stake in Serbian mall Delta City Belgrade purchased from Delta Real Estate Group (Delta), and Montenegrin mall, Delta City Podgorica, purchased from Hemslade Trading Limited Cyprus (Hemslade) and Delta. Homestead Group Holdings Limited, a company associated with Louis Norval, a non-executive director of Hyprop, has acquired the remaining 40 pct of both shopping centres.
CEE REGION Skanska completed the sale of eleven office buildings in three CEE countries in 2015, achieving a total transaction volume of almost EUR 500 mln for the year.
POLAND An increasing number of investors entering Poland, almost 1 mln sqm of office space planned for delivery, and a rising supply of hotel facilities – are just some these are among the predictions made by Colliers International for Polish the real estate market in 2016, in its latest Market Insights report.
POLAND After its application has been assessed by the supervisory board, the management board of Erbud will recommend a dividend ranging from 30 to 50 pct of the net financial result generated in the previous financial year at a company general meeting.
CZECH REPUBLIC Atrium European Real Estate has completed the sale of a portfolio of ten retail assets in the Czech Republic to a private client account managed by Palmer Capital for EUR 102.6 mln.
POLAND Pergranso, a subsidiary of the SOFILEC group (the owner of the E.Leclerc grocery chain), has acquired the Galeria Aviator shopping centre project which is currently being developed in Mielec.
CZECH REPUBLIC The Kotva department store on Naměstí Republiky in central Prague has been bought by Pražská Správa Nemovitostí, a company owned by property magnate Václav Skala – according to E15.
RUSSIA In 2015 foreign investment in commercial real estate in Russia amounted to USD 540 mln, according to research by Knight Frank.
SLOVAKIA The total investment volume for Slovakian real estate in 2015 came to app. EUR 412 mln, according to research by JLL.
RUSSIA IKEA Centres Russia has acquired a 40 ha land plot in the Sosnovskiy district located within the Chelyabinsk region where it plans on developing a new Mega-branded shopping centre.
UNITED KINGDOM Knight Frank Investment Management, the investment management arm of Knight Frank, has successfully completed its first close on a new open-end fund at the level of over GBP 300 mln.
WORLD Colliers International Group recorded USD 1.72 bln in revenue in 2015.
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 ...
EUR 115 bln – this is the amount the Swedish government and local authorities intend to invest in construction and infrastructure projects in the Stoc ...
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 ...
According to data from Colliers, a trend called Shell & Core is gaining momentum in the Czech Republic. This is a strategy where developers construct ...