POLAND Michał Sołowow, the largest single shareholder of development company Echo Investment, has called an extraordinary general meeting of shareholders.
EUROPE Real estate investment company AXA Real Estate has launched a new pan-European logistics and industrial development company, Baytree Logistics Properties, which has EUR 100 mln already earmarked for its project pipeline.
CZECH REPUBLIC Czech warehousing developer and owner CTP has secured a EUR 132 mln loan from its new financial partner pbb Deutsche Pfandbriefbank to finance CTPark Bor in Bor u Tachova, close to the German border.
POLAND Development company Atal is aiming to spend PLN 60-100 mln on land purchases this year.
RUSSIA Hines has reportedly acquired a 32,000 sqm office building that makes part of the Capital Partners-developed Metropolis mixed-use complex located by the Leningradskoe highway in Moscow.
LITHUANIA Lithuanian postal operator Lietuvos paštas (LP) will auction off app. 60 domestic properties.
EUROPE Berlin, Dublin, Madrid, Hamburg and Athens performed best among the European cities showing the strongest property investment prospects in 2015. Warsaw was ranked 14th, a three place drop compared to the 2014 ranking. Prague took the 18th position, a two place y-o-y fall, while Budapest was ranked 22nd, a five place jump compared to the last year, according to an annual investment prospects survey by PwC.
POLAND/CZECH REPUBLIC Slovakian resort operator and developer Tatry Mountain Resorts is considering abandoning plans to re-develop the Śląskie Wesołe Miasteczko amusement park in Chorzów and to develop another park in Ostrava instead.
ROMANIA/ BULGARIA Wrocław-based restaurant operator Amrest is acquiring two sole operators of the Starbucks-branded stores in Romania and Bulgaria for app. EUR 16 mln.
POLAND BBI Development will contribute the land and app. PLN 22 mln of cash while, Liebrecht & Wood will add app. PLN 70 mln for the development of the mixed-use Praga Koneser Center project in Warsaw.
POLAND In its last financial last year, the Erbud revenues and EBIT have increased by 38.5 pct and 34 pct y-o-y respectively, while the construction company generated PLN 1.69 bln revenues.
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.
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.
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.
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.
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.
POLAND Skanska Property Poland is seeking for buyers for four of its Polish office buildings with a total of 62,000 sqm gla.
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.
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.
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 ...
In the first quarter, gross take-up for Poland’s industrial market came to 1.1 mln sqm (+16 pct y-o-y), with tenants increasingly opting to renew leas ...