Investment & finance
RSSKrosno 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.
Investment & finance
MBank finances Warsaw office project
POLAND Okre Development has obtained financing from MBank for the construction of the Grójecka Offices building in Warsaw.
Investment & finance
Liberec Plaza sold for EUR 9.5 mln
CZECH REPUBLIC Struggling shopping centre developer Plaza Centers has agreed to sell its Liberec Plaza shopping mall in Liberec to an undisclosed buyer for EUR 9.5 mln.
Millionaires on decline worldwide
WORLD The number of wealthy people, meaning those with USD 30 mln or more in net assets, declined by 3 pct last year. There are now around 187,500 the so-called ultra-high-net-worth individuals (UHNWIs) around the world, down from 193,100 in 2014, according to the latest Knight Frank report.
Budimex wins contracts worth PLN 7.1 bln in 2015
POLAND Dariusz Blocher, the president of the board of construction company Budimex, has stated that 2015 was a very successful year for the company.
Investment & finance
Audėjas Group sells and buy real estate
LITHUANIA Lithuanian upholstery and decorative fabrics producer and furniture retailer Audėjas Group has completed a number of complex inter-related real estate transactions with a total value of more than EUR 11 mln.
Orco sells Marki warehouse property
POLAND Orco Property Group has disposed of an industrial and logistics project in Marki near Warsaw.
Investment & finance
Allianz and VGP form EUR 500 mln JV
CENTRAL EUROPE Munich-based investor Allianz Real Estate and Brussels-based industrial developer VGP have entered into a 50:50 joint venture with an overall transaction value of EUR 500 mln to purchase Central European projects exclusively owned by VGP.
Investment & finance
Redefine buys 75 pct stake in Echo portfolio
WORLD South African real estate investment trust (REIT) Redefine Properties is acquiring a 75 pct stake in Echo Prime Properties, an Echo Investment subsidiary that controls all 18 of Echo Investment's commercial properties estimated at EUR 1.18 bln, for EUR 362 mln.
C&W: investment volumes heading for another record
EUROPE European commercial real estate investment activity is expected to set another historic record this year, according to the latest report by Cushman & Wakefield.
Investment & finance
Griffin targets the student housing market
POLAND Griffin Real Estate aims to grow its presence on the Polish private student housing market. In the next three years the company plans to develop a portfolio of 7,000-8,000 dorm rooms.
Investment & finance
Amazon warehouses change hands
POLAND A 119,000 sqm Amazon Wrocław warehouse, developed by Panattoni Europe, has been sold off, while another Amazon Polish fulfilment centre is to be sold soon.
Investors optimistic about the future
EUROPE Only 7 pct of the surveyed real estate professionals expect their profits to decrease in 2016, according to the “Emerging Trends in Real Estate. Europe 2016” report by PwC and Urban Land Institute.
Global real estate investment likely to increase
WORLD Over a half (52 pct) of the 600 investors surveyed by Colliers International is planning to increase real estate fund allocations in 2016, while only 11 pct of the respondents to decrease their investment, according to the “Global Investor Outlook” report.
Veranda gets EUR 25 mln financing
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.
Centerscape buys four Polish assets
POLAND Centerscape Group has acquired four small retail properties in Chorzów, Prudnik, Rawa Mazowiecka and Trzcianka.
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
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 October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
DL Invest moves into data centres
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Brain Park Building C sold
ECE Work & Live enters Poland
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office Park
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
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
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
Nonko signs up with MLP
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.
