Investment & finance
RSSImmofinanz ends seven-year dispute
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
Seventeen parks sold, eight to go
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.
EUR 1.19 bln spent in the Baltics
BALTIC STATES Investment volume in commercial real estate reached EUR 1.19 bln in 2016, according to figures from Colliers International.
PKP hand in hand with the Post office
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.
Altus invests in Tower
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.
Slow first quarter for Russian investment
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
Loan for Nowe Tysiąclecie
POLAND J.W. Construction Holding has obtained a loan for the construction of the third stage of an estate in Katowice.
Philips lighting turns a profit
EUROPE Philips Lighting has announced its results for 2016, its first year of operations as a standalone company.
Loan for Marvipol and Panattoni
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
Helaba provides financing for CPI CBRE GI deal
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
BH acquires sixth property
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.
Inpro sells less but makes more
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.
Murapol closes Poznań purchase
POLAND Murapol Group has finalised the purchase of a 0.77 ha plot on ul. Karpia in Poznań.
Erbud adds to portfolio
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.
UOKiK mulls its decision over Empik Platon fusion
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.
Atal announces dividend
POLAND Atal has reported good results for the previous year and has recommended paying a dividend to investors.
Investment & finance
CPI Property takes over eleven properties across CEE
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.
Dino’s prospectus approved
POLAND The Polish Financial Supervision Authority has approved the prospectus of grocery chain Dino Polska.
Atrium hit by Russian rent falls
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.
Tower Investments PLN 30 mln the richer
POLAND Tower Investments has signed sales deals for three Warsaw properties worth over PLN 30 mln.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
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 ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Mirbud wins PLN 168 mln contract for Warsaw sports hall
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design- ...
Budimex to build archive for Adam Mickiewicz University
Budimex to rebuild the I/43 Road
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
Data centres
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
BRE launches BREEAM Refurbishment and Fit Out V7
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7) ...
Ocean Winds starts BC-Wind service base in Władysławowo
Signum Work Station earns WELL Health-Safety Rating
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
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 ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Skanska to sell second stage of H2Offices in Budapest to ERSTE fund
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by E ...
AYA Properties Fund and Curtis Group acquire Chmielna 13A
Hillwood sells four logistics properties for EUR 150 mln
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
Prime space comes harder to find
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the ...
BNP Paribas expands in Avatar
Full façade closure for second stage of H2Offices
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Nova Wola Park receives occupancy permit
The first stage of Nova Wola Park in Nowa Wola near Warsaw has received its occupancy permit. CK Development has started handing over apartments and k ...
Sandberg Capital enters Prague residential market
Archicom signs PLN 87 mln contract for Poznań housing project
Retail & leisure
Primark to open first store in Podlaskie
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
HDREY opens first Katowice store
Two-thirds of CEE retail stock is over 15 years old
Technology
Logicor brings smart metering to Polish portfolio
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Singu takes over QRmaint
Łukasiewicz Research Network opens technology laboratory
Warehouse & industrial
Hippocampus signs for 16,700 sqm at CTPark Solingen
CTP has signed a lease with third-party logistics (3PL) provider Hippocampus GmbH for around 16,700 sqm at CTPark Solingen in Germany. The deal covers ...
