Investment & finance
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Investment & finance
Inditex trims down new space in prime locations
WORLD Fashion retail group Inditex expects to open 400 to 460 stores gross this financial year, as it continues to expand both its store and online portfolio.
Panattoni establishes new venture
POLAND PG Europe, a part of the Panattoni capital group, is joining forces with CSJV CP Logistics Europe, which belongs to the US public retirement fund California State Teachers' Retirement System.
Investment & finance
Amrest to open 140 restaurants, pursue M&A opportunities
POLAND Warsaw-listed restaurant operator Amrest aims to significantly strengthen its position on the CEE markets it operates on, as it posts a 13.1 pct increase in revenues, to PLN 3.33 bln (EUR 798 mln), in FY 2015.
Peakside looking to reach bigger peaks
CEE REGION Peakside Capital, through its Central and Eastern European team, completed over EUR 550 mln in transactions in 2015, to add to its substantial asset and debt management activities.
Vantage buys plot for estate
POLAND Vantage Development has purchased a plot from the Municipal Transport Company (MPK) in Wrocław for PLN 11.5 mln. The company aims to develop a residential project there.
Investment & finance
Knight Frank wins Transylvania mandate
ROMANIA Romanian Commercial Bank (BCR), a member of Erste Group, has appointed Knight Frank to market the Silver Mountain residential and hotel complex in Poiana Brasov in Transylvania.
Investment & finance
Xcity invitations open for longer
POLAND Xcity Investment has prolonged its invitations to a selection of investors for 15 development projects with an estimated combined commercial area of over 250,000 sqm.
Vantage to build Wrocław project
POLAND Vantage Development, a subsidiary of Promenada VII VD, has concluded a preliminary contract with FSMnW Wrocław for the construction of a building on ul. Zakładowa in Wrocław.
Record-breaking Q4 for Prague offices – Colliers
CZECH REPUBLIC The final quarter of 2015 saw the biggest gross take-up in the history of the Prague office market, according to a report published today by Colliers International on Q4 2015 in the Czech Republic.
Investment & finance
Retail driving RE investment market
LATVIA 2015 was a record post-crisis year in terms of real estate investment, with a volume of over EUR 1 bln in the commercial real estate segment of all three Baltic States, according to the latest Colliers International report. The annual review has been published together with Sorainen and KPMG.
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.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Mirbud wins PLN 168 mln contract for Warsaw sports hall
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design- ...
Budimex to build archive for Adam Mickiewicz University
Budimex to rebuild the I/43 Road
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
Data centres
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
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
BRE launches BREEAM Refurbishment and Fit Out V7
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7) ...
Ocean Winds starts BC-Wind service base in Władysławowo
Signum Work Station earns WELL Health-Safety Rating
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
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
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
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
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Skanska to sell second stage of H2Offices in Budapest to ERSTE fund
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by E ...
AYA Properties Fund and Curtis Group acquire Chmielna 13A
Hillwood sells four logistics properties for EUR 150 mln
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
Prime space comes harder to find
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the ...
BNP Paribas expands in Avatar
Full façade closure for second stage of H2Offices
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Nova Wola Park receives occupancy permit
The first stage of Nova Wola Park in Nowa Wola near Warsaw has received its occupancy permit. CK Development has started handing over apartments and k ...
Sandberg Capital enters Prague residential market
Archicom signs PLN 87 mln contract for Poznań housing project
Retail & leisure
Primark to open first store in Podlaskie
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
HDREY opens first Katowice store
Two-thirds of CEE retail stock is over 15 years old
Technology
Logicor brings smart metering to Polish portfolio
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Singu takes over QRmaint
Łukasiewicz Research Network opens technology laboratory
Warehouse & industrial
Hippocampus signs for 16,700 sqm at CTPark Solingen
CTP has signed a lease with third-party logistics (3PL) provider Hippocampus GmbH for around 16,700 sqm at CTPark Solingen in Germany. The deal covers ...
