Investment & finance
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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.
Investors optimistic about the future
EUROPE Only 7 pct of the surveyed real estate professionals expect their profits to decrease in 2016, according to the “Emerging Trends in Real Estate. Europe 2016” report by PwC and Urban Land Institute.
Global real estate investment likely to increase
WORLD Over a half (52 pct) of the 600 investors surveyed by Colliers International is planning to increase real estate fund allocations in 2016, while only 11 pct of the respondents to decrease their investment, according to the “Global Investor Outlook” report.
Veranda gets EUR 25 mln financing
ROMANIA Veranda shopping centre, situated in Bucharest’s Obor area, has secured a EUR 25.5 mln development loan from Raiffeisen Bank and Raiffeisen Bank International.
Centerscape buys four Polish assets
POLAND Centerscape Group has acquired four small retail properties in Chorzów, Prudnik, Rawa Mazowiecka and Trzcianka.
PKP earns over PLN 200 mln selling real estate
POLAND The Polish State Railways (PKP) has announced that in 2015 the company carried out 22 projects.
Griffin raises funds for new acquisitions
POLAND The Griffin Real Estate Group is aiming to raise PLN 300 mln from a bond issue programme and is planning more acquisitions. Griffin Real Estate is the company issuing the bond.
CEE investment volumes hit EUR 7.37 bln
CEE REGION According to Cushman & Wakefield, investment activity in the major CEE markets, namely in Poland, the Czech Republic, Slovakia, Hungary and Romania, has increased to EUR 3.16 bln in Q4 2015, surpassing the pre-crisis 2006 levels.
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
Strabag to Build 170-Metre Roma Tower in Warsaw
Strabag, together with TKT Engineering, has been appointed general contractor for Roma Tower, a 170-metre residential skyscraper planned for central W ...
PORR wins PLN 539 mln contract for US air force base in Wrocław
BERGER Bau to Modernise Wrocław Student Residences
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
Warsaw and Kraków strengthen their AI credentials
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
EMEA data centre capacity exceeds 12.1 GW as energy constraints slow growth
Power, Power, Power
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
NEPI Rockcastle expands solar capacity
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
Nowe Bielawy retail parks renew BREEAM Excellent ratings
Greenfield Băneasa Earns BREEAM Excellent Certification
Eurobuild Awards
Candidate and jury registration are still open for the Eurobuild Awards!
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
New venue and date for the Eurobuild Awards Gala!
All the winners of the EurobuildCEE Awards 2025!!
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
Franck Delage of S&P is the keynote speaker at Eurobuild Annual Conference!
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital marke ...
The 32nd Annual Polish Commercial Real Estate Conference is now on the horizon!
Statement by the CEO of Eurobuildcee sp. z o.o.
Events
Warsaw Spire commemorates Polish soldiers’ capture of Predappio
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not be ...
Panattoni celebrates 40 years of the company’s history
Will Poland dominate the AI market?
Exclusive
Uniqa opens up
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
Leading the renaissance of local investors
The man from NASA
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 Gdynia Centrum earns four-star rating
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
Wave Hotels launches in Poland
Green House Development launches pre-sales for final phase of Wave Świnoujście
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
GTC Sells Francuska Office Complex in Katowice
GTC has completed the sale of the Francuska Office Centre in Katowice to BPS Leasing S.A., which acquired the property on behalf of Grupa Opal through ...
Erste Bank provides EUR 126 mln refinancing for two Zagreb shopping centres
REICO Long Lease acquires 62,500 sqm logistics facility from Prologis
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
PIB Group consolidates Warsaw offices in WTT
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new head ...
Towarowa22 to Revitalise Historic Warsaw Pavilion
Krakowski Bank Spółdzielczy takes serviced space at DL Space Atrium
Property and Facility Management
CBRE takes over 11 Dekada retail properties
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
ISS takes over technical management of Axis in Kraków
Savills takes on TFI PZU retail portfolio
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
Agrobex completes second stage of Nove Garby
Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed ...
Re.Start Petynka now half sold
Matexi Completes Final Stage of Sady Żoliborz
Retail & leisure
Retail parks drive Poland’s retail market growth
Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct y ...
ShockPrice opens first store in Łódź region in Focus Mall
Xtreme Fitness expands in Galeria Mosty
Technology
CBRE moves into defence
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Drone Deliveries could reach shoppers in 15 minutes
Skanska implements digital access control system at Studio A
Warehouse & industrial
Autoklass leases 3,000 sqm at MLP Bucharest West
Romanian automotive dealer Autoklass has become the latest tenant at MLP Bucharest West, leasing 3,000 sqm of space, including 2,700 sqm of warehouse ...
