Investment & finance
RSSLSR to develop EUR 1.8 bln project
RUSSIA Razvitie, a joint venture of LSR Group and AFK Sistema, has won the tender for the redevelopment rights of 109.9 ha in the southern part of the former ZiL plant in Moscow.
Gazit-Globe raises USD 155 mln
WORLD International real estate company Gazit-Globe has raised app. USD 155 mln from a flotation of 17 mln shares on the Tel Aviv Stock Exchange. The offer closed at the end of December at NIS 35.5 per share (app. USD 9.1).
Investment & finance
Atterbury buys into EUR 259 mln portfolio
SERBIA Atterbury Europe together with Attacq Limited have acquired a one-third stake in a EUR 259 mln gross asset value portfolio of seven Serbian shopping centres with MPC Properties – including the country’s largest mall, Ušće Shopping Centre in Belgrade.
Investment & finance
Green Court acquisition finalized
ROMANIA Guernsey-registered investment company Globalworth has closed the app. EUR 45 mln acquisition of Skanska’s Green Court Building B in Bucharest.
Investment & finance
GTC takes over Pixel
POLAND GTC has signed a preliminary purchase agreement on the Pixel office building in Poznań.
Investment & finance
More homes for seniors
POLAND Angel Poland Group, the developer of the elderly care home project Angel Care, which is currently being carried out in Wrocław, and the senior care homes operator MD Nursing aim to jointly develop ten new projects of this kind in Poland in the next five years.
Investment & finance
W. P. Carey acquires Służewiec building
POLAND CPA:17 – Global, a non-traded REIT managed by W. P. Carey, has acquired the app. 22,600 sqm new headquarters of Polkomtel’s Plus mobile network in Warsaw’s Służewiec district.
Investment & finance
HB Reavis sells Slovakia building to Erste fund
SLOVAKIA HB Reavis has sold the Forum Business Center I building (‘Forum BC I’) in Bratislava. The office development at the junction of Bajkalská and Prievozská streets - the headquarters of Slovak Telekom since 2013 – has been purchased by ČS Nemovitostní Fond for EUR 46.2 mln.
Investment & finance
Skanska to erect mixed-use complex in Poznań
POLAND Skanska and PKS Poznań have signed a PLN 63.5 mln preliminary agreement on the purchase of the former bus station located at the junction of ul. Matyi and ul. Wierzbięcice in central Poznań.
Asian investment into European hotels up 400 pct
EUROPE A total of EUR 1.6 bln of Asian capital has powered the European hotel sector this year as a result of the increased liquidity and a low cost of capital, informs CBRE.
Archicom improves sales
POLAND This year until the end of November, Archicom group sold 571 apartments (presales contracts) compared to 479 apartments over the same period in 2014.
Robyg buys another Gdańsk plot
POLAND A subsidiary of Robyg has purchased another plot in Gdańsk. This time the company has bought 1.8 ha in Wrzeszcz district for PLN 22.5 mln.
Rank Progress sells Mielec plot to Leroy Merlin
POLAND Retail developer Rank Progress has sold an almost 3 ha parcel adjacent to the Aviator shopping centre, which is under construction in Mielec.
BIK’s IPO prospectus approved
POLAND Poland’s Financial Supervision Authority has approved the IPO prospectus of Biuro Inwestycji Kapitałowych (BIK). Its planned public offer will involve the issue of shares as well as the sale of some shares by the company’s current shareholders.
Gramercy buys two EUR 45 mln Polish assets
EUROPE US-based Gramercy Property Europe investment fund has acquired two Polish logistics facilities with 99,360 sqm of space in total. Located in Stryków and Piaseczno, the assets were acquired in a EUR 45.1 mln sale and lease back transaction with Raben Group.
Investment & finance
Accor takes over 155 luxury hotels
WORLD AccorHotels is set to buy 155 high-end hotels and resorts operated by the Canada-based Gulf-financed FRHI Holdings for app. USD 2.9 bln. The portfolio, which is comprised of the Fairmont, Raffles, and Swissôtel brands, includes such landmark sites as The Savoy in London, The Plaza Hotel in New York and Shanghai’s Fairmont Peace Hotel. It also embraces six CEE properties.
Investment offensive from Whirlpool
POLAND Whirlpool is planning to invest EU 235 mln (almost PLN 1 bln) in Poland over 2016 and 2017.
Investment & finance
Record loan for Echo Investment
POLAND Echo Investment has signed a loan agreement with a bank consortium consisting of BZ WBK and Erste Group Bank for a EUR 342 mln loan and an additional PLN 15 mln for two retail projects: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.
Investment & finance
Obi adds 70 locations to store portfolio
EUROPE The European Commission has agreed for the German home improvement retailer Obi to take over 68 of the 105 stores run by its struggling Austrian competitor Baumax in Central Europe.
Investment & finance
Jurek changes hands
POLAND The Kraków Regional Division of the Military Property Agency has sold at auction two plots in Zakopane on which the Jurek boarding house stands.
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
GTC teams up with Paul
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
Well comes to Panattoni
LightOn with Outstanding design
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
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
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
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
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 hotel market continues to recover
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
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
Most of the land now acquired for CPK
CPK has already acquired over 2,000 ha under the Voluntary Acquisition Programme. This means that more than half of the land required for the CPK Airp ...
Tunnel to be built under Baltic
Grand station in little Brzeziny
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
Santander loans EUR 10 mln to Panattoni
Panattoni has secured a loan of EUR 10 mln from Santander Bank Polska for the construction of the second stage of City Logistics Warsaw Airport IV.
Strong start to 2025
European RE investment rebounds
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
Atlas Estates secures major loan from Bank Pekao
Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsa ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Bucharest office market down 31 pct on H1 2024
Crosspoint Real Estate, the international associate of Savills in Romania, brokered office lease transactions totalling over 6,000 sqm in the first ha ...
Construction of U•Center 3 begins
First new tenant for V Office building
Property and Facility Management
Savills to manage for Yareal
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
Studio B under new management
Cushman feels the Vibe
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
Zeitraum – Racławicka to open for next semester
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios Gdansk Old Town unveiled
Heimstaden starts apartment sales
Retail & leisure
Romania now attractive to foreign retailers
Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real est ...
Supernova expansion for Eleport
Scallier to take on five more retail parks
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
Third centre for MSK Pharma
After developing MSK Bensheim I and MSK Bensheim II, Panattoni has been commissioned to build a third centre for pharmaceutical company MSK Pharma Gro ...
