Investment & finance
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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.
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.
Conferences
Schedule 2026
12th Commercial Real Estate Investment Conference
25th Eurobuild Golf Tournament
2st EurobuildCEE Summer Tennis Tournament
3rd EurobuildCEE Running Tournament
The 22nd CEE Warehouse & Logistics Conference
Data Center – Real Estate, Technology, Investments
32nd Polish Commercial Real Estate Market Conference
The 16th Central & Eastern Europe EurobuildCEE Awards 2026
Magazine
Editions arrow_forward
Categories
Architecture and urban planning
Świecie remodelled around castle
The Teutonic Castle in Świecie is undergoing a restoration as part of a broader plan to redevelop the town, providing space for education, culture and ...
Dance centre opens in Warsaw
Public consultations held for Park Wilanów
Construction
Dekpol debuts in Romania with 20,000 sqm logistics park
Dekpol Budownictwo is eentering Romania. In December 2025, the company signed an agreement with a developer to carry out design work for the first sta ...
Construction industry waiting to boom
Warsaw returns another building to its prime
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
Designer Outlet Sosnowiec goes green
the Designer Outlet Sosnowiec shopping centre has installed a 50 kWp solar panel installation, with all of the energy to be used by the centre.
Idea Aurora takes BREEAM
Retro Office now accessible
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
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
Kazimierz Krupa takes the helm of Eurobuild magazine!
We are pleased to announce that Kazimierz Krupa, an economic journalist and capital market analyst, has been appointed editor-in-chief of Eurobuild CE ...
The March (MIPIM) issue of Eurobuild is now out!
The latest issue of Eurobuild has hit the shelves!
Events
Greetings from day three of MIPIM!
On a very busy second day of the MIPIM in Cannes, Eurobuild CEE and MDDP held their MIPIM lunch at the La Plage du Festival beach restaurant on the re ...
Let’s meet in Cannes
The night is worth billions
Exclusive
Our plans are ambitious
Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out abou ...
Our plans are ambitious
From Tallinn to Dubrovnik
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
Mercure expands in Romania
Mercure has signed a contract to develop a hotel in Craiova and has also announced it is to open the Mercure Oradea hotel.
Lithuanians construct hotel in Gdańsk
ibis Styles open in Tbilisi
Human resources
Change at the top for ULI Europe
The Urban Land Institute (ULI) has appointed Simon Durkin as Chief Executive Officer Europe, ULI, succeeding Lisette van Doorn, commencing early March ...
ULI announces new chairs
Panattoni bets big on data centres
Infrastructure
Road agreement signed for CPK
The Central Communication Port (CPK) and the General Directorate for National Roads and Motorways (GDDKiA) have signed an agreement regulating the pre ...
One step closer to atomic power
Intercor to build Piaski-Dorohucza
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Brain Park A sold
Echo Investment has sold the Brain Park A office building in Kraków to the SCPI Transitions Europe fund, managed by Arkéa REIM. The building comprises ...
Germany still core
Ireks plans centre near Bucharest
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
Sick moves into Campus
Industrial sensor manufacturer Sick has leased space in the Campus 160 office complex at Al. Jerozolimskie 160 in Warsaw. The company has leased over ...
Chemical company stays on in Mogilska
Alkotás Point under modernisation
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
A new look for central Warsaw
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Oleśnica railway station restored
Warsaw Uni building underway
Residential
PRS gains strength in Kraków
Kraków is strengthening its position as one of the most important residential markets for institutional investors in Poland, according to the report ' ...
Antczak given the go-ahead for Twarda 7
IMV to manage Słowackiego
Retail & leisure
Zdrofit continues to grow
The Zdrofit fitness club chain has opened two new clubs in Warsaw. Benefit Systems currently operates 294 clubs across Poland, with a total of over 42 ...
Cinema City to open in Tarnów retail park
More stores in Środa Wielkopolska
Technology
Rentujemy to revolutionise the market
Polish technology company Rentujemy, which is involved in short-term rental management, is launching a co-hosting service. With this solution, the com ...
Velis has a new name
Symbiotic fit for HB Reavis and HqO
Warehouse & industrial
Strong performance from industrial sector
Strong tenant activity in the fourth quarter and the second-highest annual result in the market’s history confirm that the industrial and logistics se ...
