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.
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.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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.
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 ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Echo Investment signed a conditional sale agreement for React, the office building in Łódź. Upon conclusion of the deal, the asset will be acquired by ...
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 ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
Panattoni will begin construction of a new park in the Silesian voivodship - Panattoni Park Sosnowiec V. The investment will ultimately comprise two b ...
