CZECH REPUBLIC Standard Life Investments’ European Property Growth Fund has sold a 13,000 sqm retail warehouse in Brno to its tenant, Sconto Immobilien.
Investment & finance
POLAND Bank Gospodarstwa Krajowego (BGK) has granted the Cedet redevelopment project with a EUR 56.5 mln loan as part of the Polish Investments programme it supports. The Cedet project redevelops and extends the historical CDT building in Warsaw, which used to house the iconic Smyk children’s department store.
Investment & finance
CZECH REPUBLIC Belgian-Czech industrial equipment manufacturer C-Mec Holding has sold a 10,000 sqm office and warehousing building in Kladno to a private Czech investor through a sell-and- leaseback transaction.
Investment & finance
CZECH REPUBLIC The Carlyle Group has sold its Freeport Portfolio of outlet centres in Portugal, Sweden and the Czech Republic to Hammerson, VIA Outlets, APG, Meyer Bergman and Value Retail.
CZECH REPUBLIC Orco Property Group has acquired four development projects in Prague and Central Bohemia.
POLAND The Robyg group has issued PLN 60 mln of unsecured ‘L’ series bonds.
RUSSIA Oil giant Transneft is planning to acquire the Evolution Tower office building in Moscow Intenational Business Center, according to undisclosed market sources cited by Vedomosti.
HUNGARY Hungary’s central bank (MNB) is setting up an asset management agency, the MARK Group, that will have HUF 300 bln (EUR 980 mln) to buyout toxic commercial property loans from local banks.
Investment & finance
UNITED KINGDOM The Gherkin, London’s second-tallest building, has new owner. The 180-meter office tower located at 30 St Mary Axe has been sold to Safra Group, a Brazilian financial holding controlled by Joseph Safra.
Investment & finance
POLAND In the first three quarters of the year, Polish residential developer Ronson has sold 565 units, a 36 pct y-o-y increase. The company now expects its 2014 sales to exceed the number of 700 apartments, 50 units more than earlier anticipated.
Investment & finance
CZECH REPUBLIC Atrium European Real Estate has acquired the AFI Palác shopping centre in Pardubice from AFI Europe for EUR 83 mln.
Investment & finance
WORLD UGL has finalised the sale of its property services business DTZ for AUD 1.215 bln to the TPG and PAG Consortium.
POLAND In the January–September period, Budimex group’s sales increased by 17.8 pct, while its operating profit grew by 47.2 pct in this period compared to the same period last year. Its operating profit margin amounted to 4.7 pct – up by a quarter.
POLAND Griffin is negotiating the purchase of four new commercial projects in Poland worth EUR 160 mln in total. Two of the projects are located in Warsaw and the other two in the regional markets.
Investment & finance
ROMANIA According to CBRE, in Q3 2014, the total leasing activity (TLA) in Bucharest reached the level of 70,000 sqm. For the second consecutive quarter, new leases, expansions and pre-leases in the city accounted for more than 80 pct of TLA, the analysts point out.
Investment & finance
POLAND The Medicover group is to extend its hospital in Warsaw’s Wilanów district and for this has purchased an area of over 2.5 ha near al. Rzeczypospolitej in the direct vicinity of one of its existing clinics.
POLAND Warsaw city council has put up for sale the former house and dressings factory of Rudolf Strzelecki at ul. Kujawska 1 in Mokotów district.
Investment & finance
ROMANIA New Europe Property Investments (NEPI) has completed the acquisition of Promenada Mall, a 40,300 sqm Bucharest shopping mall owned by RE Project Development SRL and Manierita Limited, for EUR 148 mln.
Investment & finance
ROMANIA Guernsey-based real estate investment company Globalworth has received a EUR 30 mln loan for its Bucharest office building, Tower Center International.
Investment & finance
CZECH REPUBLIC/POLAND Valad Europe has teamed up with a new investor to build a EUR 500 mln property portfolio. The company has already made its first purchase in the Czech Republic.
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 ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
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 ...
The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehou ...
