POLAND The Polish real estate market has exited the development phase and entered the mature market phase. This seems to be confirmed by very good 2014 results across all the market sectors, among other things, according to Anna Kicińska, partner, leader of the real estate consultancy group at EY, CSE, who presented the ‘Poland. The Real State of Real Estate 2015’ report.
Investment & finance
POLAND German real estate bank Helaba has agreed, as arranger and underwriter, to provide a EUR 100 mln medium-term investment loan to AIG/Lincoln Polska for Galeria Sloneczna in Radom.
RUSSIA Magnum, a company owned by Russian businessman Victor Loktinov, has sold the Enigma class ‘B’ business centre in St Petersburg’s Kirovsky district to an undisclosed private investor.
Investment & finance
CZECH REPUBLIC Hamburg-based Union Investment has completed its acquisition of a majority stake in the Palladium building on Náměstí Republiky in Prague 1 for around EUR 570 mln.
Investment & finance
POLAND TriGranit Development Corporation has been granted a EUR 193 mln term loan facility from ING Bank Śląski S.A. and ING Bank N.V. to refinance senior debt related to the Bonarka City Center in Kraków.
Investment & finance
LITHUANIA The Baltic Opportunity Fund, which is managed by Northern Horizon Capital, has acquired the Europa shopping centre in Vilnius CBD from Baltic Property Trust Secura A/S for an undisclosed sum.
Investment & finance
POLAND Skanska Property Poland is seeking for buyers for four of its Polish office buildings with a total of 62,000 sqm gla.
Investment & finance
CZECH REPUBLIC TREI Real Estate Czech Republic has signed an agreement for the sale of the Penny Market distribution centre in Radonice (Prague-East) to a company controlled by ZFP Investments, acting on behalf of the ZFP realitní fond.
Investment & finance
RUSSIA A subsidiary of the Trinfico Investment Group-managed private Russian pension fund Blagosostoyanie has completed the EUR 70 mln acquisition of two buildings located within the Airportcity business centre in St Petersburg.
POLAND Gliwice-based developer P.A. Nova has received a PLN 37.5 mln financing for a retail park which is being developed on the post-industrial area of Kamienna Góra.
POLAND Bank Pekao and Przedsiębiorstwo Porty Lotnicze (PPL) have signed a contract on the financing of the extension of the Warsaw Chopin Airport. The planned work will be financed with the support of a PLN 600 mln bond issue, with the final redemption date set for 2022, arranged by the Bank.
Investment & finance
SLOVAKIA In 2014, the real estate investment activity in Slovakia increased to over EUR 610 mln, the highest level since 2005, says JLL.
EUROPE CA Immobilien Anlagen and O1 Group are considering the joint acquisition of a 15 pct stake in Immofinanz AG.
Investment & finance
WORLD Real estate agent Cushman & Wakefield is being put up for sale in the face of growing property prices and competition, according sources cited by the World Street Journal. The company’s majority owner has reportedly hired Goldman Sachs and Morgan Stanley to find buyer for its stake.
Investment & finance
POLAND The Kapelanka 42 office complex which was developed by Skanska Property Poland in Kraków has been awarded LEED Core&Shell certificate with ‘Gold’ rating.
EUROPE Russian investment holding O1 Group has increased its stake in the Austrian commercial real estate investor CA Immo from 16.1 pct to 26 pct.
POLAND Ronson is planning to spend a total of PLN 50 mln on extending its land bank in 2015. The residential developer, which has already concluded a PLN 21 mln preliminary agreement on the purchase in Warsaw’s Wola district this year, is mostly interested in the Warsaw market.
Investment & finance
LITHUANIA Real estate company MG Valda has sold its shares in BCU2, the owner of the North Star business center in Vilnius, to the real estate investment fund Prosperus Real Estate Fund I.
Investment & finance
CEE REGION In its last financial year, Segro has seen its Central European portfolio growing by 5.9 pct y-o-y, while the UK-based warehouse developer’s revenues from the Polish business fell by app. 72 pct, to GBP 8.2 mln, as compared to GBP 30.1 mln in 2013.
Investment & finance
POLAND Przedsiębiorstwo Budowlane Górski, which is the developer of the Galeria Metropolia shopping centre that is currently being developed in Gdańsk Wrzeszcz, has been given a PLN 91 mln financing for the construction of the project.
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.
