POLAND The Warsaw appeals court has upheld a decision of the city council to rescind Griffin Real Estate’s perpetual usufruct rights for a plot neighbouring Łazienki Park, while the site development conditions for the land were also annulled by the administrative court.
Investment & finance
POLAND Residential developer Polnord has floated bonds worth PLN 50 mln as part of a bond issue programme of up to PLN 100 mln.
Investment & finance
POLAND Home Broker Business has negotiated PLN 23 mln in financing for developer KDP Group for the Huculska 5 residential project in Warsaw’s Mokotów district.
POLAND British private equity fund manager Europa Capital has sold off a 25,975 sqm site in Warsaw’s Wawer district to a Polish residential developer, Eko Developments Polska.
Investment & finance
POLAND Yareal Polska is developing Nowogrodzka Square, a 11,000 sqm gla office building, which is to be erected between Al. Jerozolimskie and ul. Nowogrodzka in Warsaw. The construction work on the project is scheduled to start in Q4 2015 and last for app. 18 months.
POLAND Ghelamco is starting subscriptions for the second issue of bonds for individual investors in the company’s history.
POLAND Polish construction company Erbud has decided to pay dividend for 2014 to its shareholders.
Investment & finance
POLAND Atal will become listed on the Warsaw Stock Exchange in mid-June. The development company aims to raise app. PLN 160 mln for financing its investments this way.
POLAND Łódź’s City Council has adopted the updated “New Centre of Łódź” programme which assumes the economic, social as well as functional and spatial revitalization of the city’s centre by 2030.
EUROPE Aareal Bank Group has completed the acquisition of all the Westdeutsche ImmobilienBank AG (WestImmo) shares.
Investment & finance
POLAND Globe Trade Centre has signed a final agreement on the EUR 42 mln sale of Kazimierz Office Center, the developer informed.
CEE REGION Lone Star Real Estate Fund III has bought a portfolio of ten commercial assets in Central and Eastern Europe from a fund owned by Aviva Investors Central European Property Fund for app. EUR 185 mln.
Investment & finance
POLAND Raiffeisen Polbank has granted a loan to the investor of the Karuzela shopping centre that is currently being developed in Września.
POLAND Subscriptions are now taking place for the sale of the Globe Trade Centre (GTC) shares after a call announced by Lone Star, which is the company’s majority shareholder.
Investment & finance
POLAND Kielce-based developer Echo Investment intends to launch 17 new project this year, investing mainly in the residential and office sectors. The plans include three retail developments.
Investment & finance
CEE REGION In 2014 HB Reavis Group generated a EUR 89 mln consolidated net profit, which accounted for a 26 pct y-o-y growth. At the same time the company recorded a 29 pct increase in operating profit, to EUR 132.6 mln, while its total assets increased by 18 pct, to EUR 1.8 bln and total shareholder equity reached EUR 933 mln.
HUNGARY Hungary’s largest telecommunications company Magyar Telekom, a subsidiary of Deutsche Telekom, has signed an agreement with the Hungarian development company Wing Group on the construction of its new 55,000 sqm Budapest headquarters and the sale of the existing main offices.
Investment & finance
POLAND/EUROPE Vienna-based development company UBM is putting up for sale a portfolio of 17 non-core European properties, which include Warsaw’s Poleczki Business Park office complex.
Investment & finance
EUROPE European Commission has approved Griffin Topco III’s and LVS II Lux XX’s joint acquisition of 41.55 pct of the Echo Investment shares that currently belong to the development company’s founder, Michał Sołowow.
Investment & finance
EUROPE London-based real estate investment fund manager Tristan Capital is exploring the option of selling a GBP 1.5 bln European retail portfolio comprised of 35 properties, a fifth of which is located in Poland, on an off-market basis, informs ‘Property Week’.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
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 Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
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 ...
The purchaser of the recently completed logistics property which was planned, developed and realised by ECE Work & Live is a German investor, represen ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, nex ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.
