POLAND Acteeum group and Rockcastle Global Real Estate have purchased a plot located at the junction of ul. Warszawska and ul. Barlickiego in Tomaszów Mazowiecki, where the investors plan to build Galeria Tomaszów. Formerly, the property was occupied by a textile manufacturer.
POLAND Echo Investment has obtained a EUR 165 mln plus a PLN 14 mln loan (over PLN 700 mln in total) from UK bank HSBC and HSBC Bank Polska.
POLAND In 2014, the rate on return on PZU Fundusz Inwestycyjny Zamknięty Sektora Nieruchomości 2, which is managed by TFI PZU, exceeded 11 pct.
POLAND 2014 has turned out to be the best ever year for the Budimex group in terms of the value of contracts signed, which amounted to PLN 6.3 bln, a nearly two-fold increase compared to 2013. As of the end of 2014, the value of the company’s real estate portfolio reached PLN 6.1 bln, a 41 pct surge y-o-y.
POLAND Kraków-based company Czerwone Maki, which belongs to the AFI Europe Poland group, has purchased a historical Wolf Krongold tenement house located near Warsaw's city centre. The company now eyes further acquisitions in Poland, according to what ‘Eurobuild CEE’ has found.
POLAND Włocławek-based company Budizol has acquired another historic property in Warsaw that it is now plans to restore. The company is also planning an entirely new project in the south of the city.
CEE REGION In its last financial year, the Swedish construction and development company Skanska has seen its operating income in construction increasing by 16 pct y-o-y, to SEK 4.5 bln (EUR 470 mln), while the company’s revenues increased by 6 pct and amounted to SEK 145.0 bln (EUR 15 bln).
BOSNIA AND HERZEGOVINA Dubai-based developer Buroj Property Development plans on developing a EUR 2.3 bln (BAM 4.5 bln) residential, hotel, retail and sports complex in Trnovo near Sarajevo in a move to turn the former Winter Olympics site into a luxury regional mountain resort.
EUROPE An Ares Real Estate Group fund has acquired two Warsaw office properties from IVG Institutional Funds: the app. 8,000 sqm gla three-building Jerozolimskie Business Park complex and the app. 8,000 sqm gla Jerozolimskie Offices building.
POLAND Robyg group has signed a conditional for the purchase of plots with a combined area of app. 1.5 ha in Gdańsk.
POLAND In 2014 the Polish State Railways (PKP) made PLN 363 mln on the sale of real estate (PLN 203 mln in 2013). PKP also carried out 21 station projects in an investment of PLN 220 mln. It also sold properties on ul. Targowa in Siedlce (PLN 28.7 mln), ul. Toruńska in Gdańsk (PLN 26.2 mln), ul. Głowackiego in Sochaczew (PLN 12.1 mln), ul. Bokserska in Warsaw (PLN 6.7 mln) and a leisure centre in Jachranka for PLN 13.8 mln, among others.
CEE REGION Two merging cement and aggregates suppliers Holcim and Lafarg aim to sell EUR 6.5 bln assets, including plants and other facilities, to the Irish building materials company CRH. These will include Holcim's assets in Hungary, Serbia and Slovakia, as well as Lafarge's properties in Romania.
HUNGARY/ BULGARIA CA Immo has sold two small office assets: the 8,000 sqm gla Europark office building in Sofia and the 6,400 sqm Buda Business Center office building in Budapest, for EUR 17 mln.
POLAND/BALTIC STATES BPT Optima, a fund managed by Northern Horizon Capital, has agreed to sell seven office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipėda, totalling app. 112,000 sqm of leasable space, as well as the large-scale Young City urban regeneration site on the Gdańsk waterfront, including the historic former shipyard.
POLAND BBI Development subsidiary has received two loans from PKO BP for the financing of the next stage of the Małe Błonia residential project in Szczecin.
POLAND In its last financial year, the French commercial property investor Unibail-Rodamco has seen its net recurring results reaching EUR 1,06 bln, up 8.3 pct y-o-y. The company attributes the surge to “strong like-for-like growth in shopping centres and offices, the successful deliveries in 2013, the acquisition of a stake in CentrO in May 2014 and a record-low cost of debt of 2.6 pct.”
POLAND MBank has granted the Marvipol group a five-year loan of EUR 13.6 mln for refinancing – with a higher LTV (leverage-to-value) index – a loan taken out for the construction of the Prosta Tower office building in Warsaw.
POLAND Home Invest is planning to spend PLN 80 mln on the purchase of land in Warsaw this year.
POLAND Warsaw-based developer Marvipol has signed a PLN 30 mln loan agreement with Bank Ochrony Środowiska to finance a large Warsaw project.
POLAND Transactions on the residential land market will be dominant in 2015. They also dominated last year and turned out to be so attractive that investors from Saudi Arabia, the United Arab Emirates, India, the Republic of South Africa and China have been coming to Poland to survey what is on offer –these are some of the conclusions of Daniel Puchalski, the director of the investment land service department at JLL, while recently discussing the consultancy’s ‘Investment Land Market in Poland’ report.
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 ...
In the first quarter of this year, companies leased a total of 25 pct more office space across Poland’s major office markets compared to the same peri ...
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 ...