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.
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.
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.
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.
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.
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.
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’.
POLAND The Capital Park group launched a number of new projects in Q1.
POLAND Union Investment Real Estate is about to acquire the Riviera shopping centre on ul. Kazimierza Gróskiego 2 in Gdynia.
ROMANIA/ BULGARIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investment company is acquiring a series of retail, residential and office assets across Romania and Bulgaria.
POLAND The Robyg group is to prematurely redeem some of J-series bonds secured by the mortgage on a property owned by Robyg Mokotów Investment (a company set up to carry out a residential project on a plot between ul. Puławska and al. Wilanowska).
POLAND The European Property Investors Special Opportunities 3 LP (EPISO 3) fund, advised by Tristan Capital Partners, in a joint venture with Avestus Real Estate Avestus, has acquired the Enterprise Park office building in Kraków.
WORLD Asset management company AXA Investment Managers has launched the AXA WF Global Flexible Property fund that aims to mimic the liability side of a real estate company's balance sheet and enable fund managers to seek a return profile similar to that of a direct real estate investment.
POLAND Bielsko-Biała based developer Murapol has finalised a preliminary purchase agreement for a plot on al. Marszałka Józefa Piłsudskiego and ul. Sobolowa in Łódź.
CEE REGION In the first quarter 2015, GTC’s net profit increased to EUR 8 mln, from a net loss of EUR 2 mln registered in Q1 2014, as the company disposed of three Polish and Romanian assets.
POLAND In Q1 2015, the LPP fashion retail group has seen its total sales increasing by 6 pct y-o-y, to PLN 1 bln. At the same time LPP generated a PLN 23.7-mln operational profit, a significant drop from PLN 48.4 mln last year, while the group’s revenues from comparable stores fell by 0.7 pct, excluding changes in local currency rates.
POLAND The sales of Małpka, the operator of the Małpka Express food store chain, has now been completed. Its new owner is Forteam Investments.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
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 ...
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.
The latest edition of our magazine reaches readers at a time when there is a palpable sense of uncertainty on the global market. Nevertheless, a stead ...
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
Irish company Kingspan has recently broken ground on a EUR 280 mln business technology campus near Lviv. This was the first major investment announced ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
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 Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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 ...
Silverton Asset Solutions, in its capacity as asset manager, has sold two properties from a portfolio in North Rhine-Westphalia. The parties have agre ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Cowork by Memos, a flexible workspace provider owned by Warimpex, is to increase its coworking space by 1,500 sqm in Kraków and Łódź.
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 ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
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 ...
Vehicle parts distributor Moto-Profil has extended its 60,000 sqm lease with Prologis.