POLAND The oversupply of space is weighing upon occupier and investment sentiment despite the economic strength of the country, according to the latest Poland Commercial Property Monitor for Q2 2015 by the RICS.
CZECH REPUBLIC Deka Immobilien has sold the Panorama Business Center in Prague 2 to local property group Mint Investment for around EUR 15 mln.
POLAND Polish Office of Competition and Consumer Protection has decided to extend the ongoing procedure concerning the ZT General Partner and Warsaw III takeover by Unibail Rodamco by up to four months. ZT General Partner and Warsaw III hold rights for Warsaw's Złote Tarasy.
POLAND YIT group, one of the largest European developers, plans on debuting on the Warsaw residential market.
POLAND Warimpex has concluded an agreement with the city of Łódź on the sale of a land plot located near the junction of ul. Zachodnia and ul. Ogrodowa. The Vienna-based developer aims to erect a 29,000 sqm office building there.
SLOVAKIA CTP has purchased DNV Logistics Park, a 87,000 sqm warehouse and industrial property in the Bratislava area, from three co-owners: Aviva Investors, J&T Real Estate and SachsenFonds Asset Management.
ROMANIA Strabag has taken over the Bucharest-based development team of Raiffeisen to start operations on the Romanian market.
WORLD In the first half of its 2015 financial year, the multi-format Spanish fashion retailer Inditex has opened 94 new stores across 35 markets, increasing the total store count to 6,777 locations in 88 countries.
EUROPE Vienna-based developer Immofinanz aims to sell its 1 mln sqm logistics portfolio to a sole buyer. The company also does not rule out merging with its Austrian competitor and minority shareholder CA Immo, Immofinanz’s CEO, Oliver Schumy, said in an interview given to the Austrian daily Wirtschaftsblatt.
POLAND CBRE Global Investors has acquired the second stage of the Ideal Idea Logistics Park in Warsaw from an investment fund managed by BPH Towarzystwo Funduszy Inwestycyjnych.
RUSSIA Russian Direct Investment Fund and the Abu Dhabi government-owned Mubadala fund are in talks with the Russian developer PNK as they aim to purchase the PNK-Chekhov 3 and PNK-Severnoye Sheremetyevo logistic parks near Moscow, according to the Russian daily Kommersant.
POLAND Austrian real estate investor CA Immo has sold its 50 pct share in the Poleczki Business Park office complex, which is currently being developed at the junction of ul. Poleczki and ul. Hołubcowa near the Okęcie Airport in Warsaw, to UBM, the owner of the remaining stake in the property.
POLAND Warsaw’s City Hall and the Polish State Railways (PKP) are set to sign an agreement on the use of plots located in the very city centre of Warsaw soon.
EUROPE A private equity fund owned by BaltCap, an investment fund from the Baltics region, has acquired BPT Real Estate, a regional commercial property manager.
POLAND The construction of new projects, plans for new ones, the modernization of existing stations, a record property sales and proposals for cost-cutting and improving the company’s reputation – all these activities dominated the Polish State Railways development operations in 2015.
POLAND Bilfinger Infrastructure, which was taken over by Porr, has become the second Polish company of Porr. And it has ambitious development plans as the two companies will not merge.
POLAND B&B Hotel Polska and MLeasing have entered into a sale-and-leaseback agreement on the B&B Wrocław Centrum hotel.
POLAND In H1 2015 Polski Holding Nieruchomości (PHN) has seen its profit increasing to PLN 29.2 mln, while the company’s revenues decreased.
WORLD In the 2015 financial year IKEA Group’s total sales reached EUR 31.9 bln, an 11.2 pct y-o-y boost, exclusive of a foreign exchange impact.
EUROPE In H1 2015 European real estate transaction volumes have reached EUR 104.9 bln, a 29 y-o-y increase, according to Knight Frank.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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 ...
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
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.
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 ...
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.
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 ...
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 ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
A clear recovery can be seen in the investment market, according to the latest research by Savills. The transaction volume in Europe increased by 11 p ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Atlas Estates is pleased to announce the successful securing of a significant loan facility from Bank Pekao SA, one of Poland’s leading financial inst ...
The refurbishment of the V Tower office building in Warsaw is nearing completion with the first tenant to move into the building in the autumn. The St ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
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 ...
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
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 ...
Work has been completed on the second stage of 7R Park Gdańsk IV in Barniewice, in the Tricity area. Dekpol Budownictwo was the general contractor.