Investment & finance
RSSGreen Court deal finalized
ROMANIA Globalworth has completed the purchase of the 19,500 sqm Green Court Building A, the first of the three office buildings that form the 52,000 sqm Green Court office complex in Bucharest.
Russian investment market 33 pct down in H1
RUSSIA In the first half of the year investment volumes on the Russian real estate market reached USD 1.1 bln, according to research by JLL.
IKEA buys 13.7-ha Bucharest site
ROMANIA Swedish furniture manufacturer and retailer IKEA is set to construct the second Romanian store. The company has just acquired a 13.7-ha land plot on Pallady Boulevard in Bucharest’s District 3.
Investment & finance
Dekpol secures financing for Młoda Morena
POLAND Dekpol, the developer of the Młoda Morena residential estate in Gdańsk, has acquired a PLN 49 mln loan from Getin Bank for the construction of the project.
Plaza disposes of yet another Romanian plot
ROMANIA Israeli-financed shopping centre developer Plaza Centers is selling off a 46,500 sqm development site in Iasi to an undisclosed buyer for EUR 7.3 mln.
Bilfinger sheds two more divisions
EUROPE German real estate, engineering and construction company Bilfinger has sold its infrastructure division to the Austrian construction company Porr for app. EUR 20 mln net. Bilfinger also plans on starting a structured selling process for its loss-making power division by the end of this year.
Investment & finance
GE sells Futurum Kolín to CPI for EUR 23 mln
CZECH REPUBLIC CPI Property Group has acquired the Futurum shopping centre in Kolín.
HB Reavis to develop 120,000 sqm Budapest project
HUNGARY HB Reavis has acquired 3-ha land plots located in Budapest's 13th district. The Slovakia-based developer is set to develop a 120,000 sqm gla office project there in the future.
GTC in Lone Star’s arms
POLAND More than half of the Globe Trade Centre (GTC) shares is now owned by the companies that belong to the Lone Star group.
Investment & finance
Echo taken over for more than PLN 1.1 bln
POLAND Michał Sołowow has sold his 41.55 pct stake in Kielce-based developer Echo Investment for PLN 1.114 bln (PLN 6.5 per share).
Orbis to issue bonds
POLAND Orbis has launched the subscriptions for a bond issue.
Investment & finance
ING to refinance Blue City
POLAND ING Bank NV and ING Bank Śląski have provided a loan for the refinancing of the Blue City retail and office complex in Warsaw.
Savills partners up with Chinese investors
WORLD Savills Group’s investment management company, Savills Investment Management, has entered into a joint venture with China Minsheng Investment Capital (CMIC), a part of the Chinese private investment company China Minsheng Investment, to invest in property assets through “a series of funds and investment vehicles” worldwide.
Investment & finance
Colliers spins itself into two
WORLD Colliers International Group has announced the completion its separation into two independent, publicly traded companies: Colliers International Group Inc. (Colliers) and FirstService Corporation.
Won’t you buy me, Mercedes-Benz Plaza?
RUSSIA Mercedes-Benz Plaza on Leningradskiy Prospect in Moscow has been acquired by the Region Group of Companies.
Invalda INVL increases assets under management
LITHUANIA Invalda INVL now manages equity worth EUR 300 mln.
Investment & finance
Hines to buy “five or six” more Polish properties
POLAND US property company Hines has closed its Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF) at EUR 155 mln. The fund, whose portfolio currently includes three Warsaw office buildings, is aimed at acquiring five or six other properties in Poland.
Crowdfunding catching on
POLAND The Mzuri group has launched another SPV company, Mzuri CFI 2, which is to buy a portfolio of apartments for rent under the crowdfunding model.
Sweco acquires Grontmij
EUROPE Swedish engineering company Sweco is taking over all issued and outstanding ordinary shares of its Netherlands-based competitor Grontmij in an attempt to get a better access to the Western European markets and broaden its expertise.
White Stone Development takes over Fort Mokotów
POLAND White Stone Development has purchased the buildings that make up the historic Fort Mokotów fortification at ul. Racławicka 99 in Warsaw.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
GTC teams up with Paul
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
Well comes to Panattoni
LightOn with Outstanding design
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
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 ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
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.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
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 ...
More than 15 minutes of fame
Capitalising on the landlord's market
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
Romanian hotel market continues to recover
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 ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Investment on the return
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 ...
real estate investment booms
Strong Romanian volumes in H1
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
First new tenant for V Office building
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 ...
Warsaw offices squeezed by fewer deliveries
Landlord’s market begins for Warsaw offices
Property and Facility Management
Savills to manage for Yareal
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
Studio B under new management
Cushman feels the Vibe
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Zeitraum – Racławicka to open for next semester
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios Gdansk Old Town unveiled
Heimstaden starts apartment sales
Retail & leisure
Scallier to take on five more retail parks
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
Andersa retail park to open in 2026
Redkom to open Białystok retail park
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
7R Park Gdańsk IV extended
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.
