Investment & finance
RSSAFI Properties suffers 17 pct profit drop
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
Inditex trims down new space in prime locations
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.
Panattoni establishes new venture
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
Amrest to open 140 restaurants, pursue M&A opportunities
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.
Peakside looking to reach bigger peaks
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.
Vantage buys plot for estate
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
Knight Frank wins Transylvania mandate
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
Xcity invitations open for longer
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.
Vantage to build Wrocław project
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.
Record-breaking Q4 for Prague offices – Colliers
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
Retail driving RE investment market
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
Budner takes a leap in new ventures
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
Jeronimo Martins to spend EUR 600 mln
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.
EIB to remain active CEE lender
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
Penta increases stake in EM&F
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.
Krosno extends investment zone
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.
New AXA European fund kicks off
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
Budapest sees “the strongest return profile in CEE”
HUNGARY Hungarian CRE investment volume reached EUR 745 million in 2015, a 62 pct increase on 2014, says CBRE in its report.
Investment & finance
Yandex buys its Moscow headquarters
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).
Chinese investment in Europe on the rise
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.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Fresh perspectives for the autumn!
The September edition of Eurobuild welcomes autumn with fresh insights and inspiration. While the weather cools down, the real estate market is heatin ...
Eurobuild celebrates its 300th issue!
The June issue of Eurobuild is now out!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Building momentum for the future
The Bricomarché chain is celebrating its 25th anniversary in Poland. On this occasion, we speak with Katarzyna Jańczak-Stefanide, General Manager of t ...
Ziv Zviel of Atlas Estates
Not just for the rich
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
Romanian hotels grow
Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & ...
Leonardo expands in JM Tower
Self service in Opole
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Strabag constructs Deleni wind farm
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
Tender awarded for CPK rail changes
Most of the land now acquired for CPK
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Quantum acquires Panattoni City Dock Mannheim Süd
Panattoni City Dock Mannheim Süd has been sold to Hamburg-based project developer and investment manager Quantum for an undisclosed price. The busines ...
More Polish investment in Poland
Yanfeng warehouse sold to Clarion Partners
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
BlmA stays on in Potsdam
The Federal Agency for Real Estate (BImA) has extended its lease for 8,000 sqm of office space at Behlertstrasse 3A in Potsdam with Sonar Real Estate. ...
Skyliner II shooting up
Grant Thornton to move into the Bridge
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Pasaż Łańcucki to open in 2027
Refield is to develop another retail centre in the Podkarpackie region. Pasaż Łańcucki will comprise over 11,000 sqm of gla, and the anchor tenant wil ...
Four retail parks set to grow
Agora Mall Arad reopens
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
More jeans from Germany
GXO and Levi Strauss & Co. have opened a fully automated 70,000 sqm logistics centre in Dorsten near Essen to support its European distribution networ ...
