POLAND Budimex Nieruchomości has purchased an undeveloped 5.1 ha plot on ul. Jana Pawła II in Gdańsk for a net price of EUR 11.4 mln (PLN 46.4 mln) from its own equity.
POLAND Polnord finished Q1 2015 with a 12 pct increase in sales of apartments compared to the same period in 2014.
EUROPE 40 pct of EMEA investors will be looking to take more risk in 2015 than in 2014, while 9 pct of them assess their appetite as lower than last year. However, their higher risk tolerance doesn’t seem to spill over to the central part of Europe, says CBRE in its “Investor Intentions Survey 2015” report.
POLAND Robert Pydzik, the president of the board of developer Wikana, has announced that in line with its current strategy the company intends to sell its retail portfolio.
POLAND Warsaw city council has announced that app. PLN 1.5 bln has been designated for the revitalisation of Warsaw’s right-bank.
EUROPE Pan-European shopping centre operator Klépierre, which runs 22 malls across the CEE region, has officially completed the EUR 7.2 bln acquisition of app. 60 shopping malls owned by a Western European retail developer, Corio.
EUROPE It is last financial year, the investment and development company CPI Property Group has recorded a 24 pct y-o-y net rental income increase, to EUR 187 mln. The holding’s total revenues climbed to EUR 269 mln, a 44 pct y-o-y surge.
POLAND Skanska Property Poland has finalized the sale of its two-building Green Horizon office complex in Łódź which was acquired by a Griffin Real Estate-managed fund for EUR 66 mln.
POLAND Capital Park is aiming to increase its revenue from leasing in 2015, as well as to start the construction of the ArtN project by the end of the year.
POLAND Commerz Real has bought Warsaw’s Universal office building and right of perpetual usufruct for the land plot which houses the project from S+B Gruppe AG. The buyer plans on developing a EUR 95 mln mixed-use project in that place.
POLAND Archicom Invest has been chosen by Xcity Investment for further negotiations over the implementation of the Wrocław Świebodzki project. The partners are to revitalise the historic building of the Świebodzki railway station and commercially develop the surrounding area. They also plan to return railway traffic to the station.
WORLD Commercial real estate consultancy CBRE is acquiring the Johnson Controls-owned facility and property management company Global Workplace Solutions (GWS) for USD 1.48 bln.
POLAND Bielsko-Biała based developer Murapol is to buy a 2.1 ha plot in Kraków for the construction of a residential estate.
POLAND Dekpol has purchased a plot on ul. Jaglana on Wyspa Spichrzów in Gdańsk from Eco-Classic for PLN 22 mln.
POLAND A fund managed by GLL Real Estate Partners has signed a preliminary agreement on the EUR 42 mln purchase of Globe Trade Centre’s 15,000 sqm Kazimierz Office Center in Kraków’s Kazimierz district.
POLAND Lublin-based development company Wikana plans on increasing its apartment sales, selling off non-core assets – including some shopping centres – as well as reducing the number of development projects and operating costs this year.
POLAND Yareal Polska has acquired from Deka-S-Property Fund No. 1 an office building in Warsaw’s Wola district.
ROMANIA Guernsey-registered real estate investment company Globalworth has closed two Romanian office acquisitions: the EUR 43 mln Unicredit Building purchase and the EUR 46 mln Nusco Tower acquisition.
CEE REGION Globe Trade Centre is to propose an increase in its share capital to its shareholders and issue up to 140 mln of new shares.
HUNGARY Hungarian developer Futureal has sold yet another part of its Vision Towers complex in Budapest to the Austrian Erste Real Estate Fund.
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 ...
CA Immo has completed the sale of the IP West office building in Budapest. CBRE and Cerha Hempel Rechtsanwälte advised on the sale.
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 ...
Demand for office space slowed down in Q1 across the CEE region, while less than 30,000 sqm was delivered across the region, according to data from th ...
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 ...
Self-storage provider Stokado has begun construction on its second development project in Kraków.