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.
CZECH REPUBLIC Local investor Redside has successfully completed the acquisition of four office buildings in Prague from a German investment fund.
RUSSIA At the end of January, Immofinanz commissioned CBRE, its the newly appointed appraiser for its CEE portfolio, to prepare a special appraisal of Immofinanz’s Russian properties.
POLAND Valad Europe has acquired the MEAG-owned Warsaw Corporate Center on behalf of its VCERP fund.
POLAND At least PLN 2.5 bln was invested in land for development in Poland in 2015, according to research by JLL, and this year the land market is expected to perform as well if not better.
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.
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Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
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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 ...
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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.
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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 ...
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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 ...
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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 ...
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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 ...