CZECH REPUBLIC Triuva Kapitalverwaltungsgesellschaft, formerly IVG Institutional Funds, has completed the sale of City Point – an 8,000 sqm class ‘A’ office building in Pankrác (Prague 4) to a large European institution.
EUROPE Aareal Bank Group has raised the forecast of its results for 2015, which give a projected consolidated operating profit of between EUR 450 mln and EUR 460 mln instead of EUR 400 mln to EUR 430 mln as previously predicted.
ROMANIA Skanska Romania has sold an office building which forms part of the three-building Green Court Bucharest complex to the Guernsey-registered investment company Globalworth for EUR 47 mln.
POLAND In the first three quarters of 2015, Ronson Europe sold 658 apartments – 16 pct more than in the same period last year, when 565 apartments found buyers.
LITHUANIA Synergy Finance is to set up another fund to invest in commercial real estate.
POLAND RREEF Investment, which is owned by Deutsche Bank, has been given the go-ahead for the acquisition of the Stary Browar shopping centre in Poznań by the Office of Competition and Consumer Protection (UOKiK).
POLAND An economic zone with an area equalling 30 football pitches has been opened on ul. Dąbrowa Miejska in Bytom.
POLAND Pekao bank has provided the finance for the acquisition of the five-star Sheraton Warsaw hotel. Lawyers from the banking and finance team of the Dentons law office advised the bank for the loan, which was closed on October 28th 2015.
CEE REGION The Central European Industrial Fund (CEIF), which is managed by Valad Europe and Aviva Investors, could see a change of ownership.
CE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania accelerated significantly in the third quarter, with over EUR 1.8 bln invested, compared to EUR 889 mln in the previous quarter, according to Cushman & Wakefield.
POLAND The Polish Council of Shopping Centres (Polska Rada Centrów Handlowych – or PRCH) has joined the European Property Federation (EPF).
POLAND French developer Yareal has bought a plot of over 1.5 ha including some buildings from the Polish Post [Polska Poczta] in Warsaw’s Praga district.
POLAND Griffin and Starwood could be forming a joint venture with Skanska (the present owner), to take over the Westin hotel in Warsaw.
SLOVAKIA J&T Real Estate has bought part of the Klingerka project in Bratislava from Koruna Reality, according to Reality.Trend.sk.
ROMANIA The acquisition by German investment fund GLL Real Estate Partners of the Floreasca Park office building from Portland Trust, in a transaction of worth almost EUR 100 mln, has been approved by the Romanian competition authorities, according to Profit.ro.
POLAND Over the next three years the Orbis hotel group is to expand with another 21 hotels operating on the basis of franchise and management agreements as well as three own hotels which are currently under construction. In Q3 of this year the company opened five new facilities, which operate on a franchise basis. These include hotels in Poland, Romania and Lithuania.
WORLD Global commercial real estate investment reached USD 407 bln in the first half of the year, the strongest first half since 2007, according to the latest research from global property advisor CBRE Group.
RUSSIA Russian multimillionaire Suleyman Kerimov has sold The Four Seasons Hotel near Red Square in Moscow to two businessmen, Yuri and Alexey Khotyn, according to Russian daily RBK.
CZECH REPUBLIC Swedish developer Skanska has sold its 17,200 sqm gla Corso Court building in Prague to the investment fund manager Invesco Real Estate for EUR 55 mln.
EUROPE Immofinanz has signed a contract to sell its entire logistics portfolio to Blackstone.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
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 ...
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.
'Eurobuild CEE' announces its spring awakening. In the latest issue of our magazine, you will find, lots of optimism, all the latest real estate news, ...
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
No fireworks and no major changes – that’s how Marcin Malka, the CEO of Real Management, assesses the state of the market in this interview with ‘Euro ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
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 Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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 ...
Syrena Real Estate, a Polish commercial real estate investment company, has acquired the Zaułek Piękna office building în Warsaw. The purchase was co- ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
DIY retailer Leroy Merlin has leased 4,000 sqm of office space in Floreasca Park in Bucharest.
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 ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
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 is to build two BTO warehouses in Łódź for Media Expert with a total area of 207,000 sqm în an investment of PLN 500 million.