CEE REGION In its last financial year, the Swedish furniture retailer and shopping centre developer IKEA Group has seen a 5.9 pct increase in sales, while registering 270 mln visits to its 14 Russian shopping centres and over 700 mln visits to its 315 IKEA stores worldwide.
POLAND Bankruptcy trustee of the Kostrzyn-based developer PBO Anioła has sold a Poznań land plot together with the perpetual usufruct rights to the property to Terra Haus.
CEE REGION Commercial real estate investment in Central and Eastern Europe excluding Russia reached just over EUR 7.7 bln in 2014, according to research by CBRE.
SERBIA GTC Serbia has signed a EUR 9,5 mln construction loan agreement with Raiffeisen Bank to finance the first stage of its Fortyone office project that is currently being developed in Belgrade.
POLAND The Military Property Agency (AMW) has put some of the most attractive investment plots in Kraków up for sale.
EUROPE Australian fund manager Cromwell Property Group has today announced the acquisition of pan-European property fund manager Valad Europe for EUR 145 mln.
EUROPE Commercial real estate European investment volumes are set to reach record levels in 2015, fueled by the European Central Bank’s quantitative easing programme.
POLAND The Suwałki Special Economic Zone issued 16 permits for business operations last year
POLAND Construction and development company Dekpol has concluded a conditional agreement with Jaglana 3-5 for the purchase of the perpetual usufruct of a plot on ul. Jaglana in Gdańsk.
CZECH REPUBLIC AEW Europe has acquired the 255,000 sqm Panattoni Park Prague Airport logistics complex close to the city’s Václav Havel Airport for its Logistis fund for EUR 150 mln.
POLAND KI Projekt 5, a subsidiary of Kleba Invest, has purchased a plot in Białogard. The PLN 2.75 mln net property will houses a retail and service facility.
POLAND BPT Optima has sold two buildings from its Polish office real estate portfolio to the Octava FIZAN investment fund: the Obrzeżna Building in Warsaw and the Baltic Business Center in Gdynia.
POLAND Gliwice city council has invited tenders for the purchase of a plot at the interchange of the A1 and A4 motorways.
CEE REGION The management board of Globe Trade Centre (GTC) has informed that the fair value of GTC’s property portfolio which is to be included in the company’s financial report for 2014 (ended December 31st, 2014) would be app. EUR 132 mln lower than the value indicated in the financial statement published at the end of September 2014.
POLAND Deutsche Asset & Wealth Management-owned and Cushman & Wakefield-managed Metropolitan, a 38,000 sqm gla office building in central Warsaw, will now be managed by Colliers International.
CZECH REPUBLIC Atrium European Real Estate Limited has signed an agreement to acquire a 75 pct stake in the Arkády Pankrác shopping centre in Prague for EUR 162 mln.
WORLD Gazit-Globe, an Israeli real estate investor that holds a 39.99-pct stake in Atrium European Real Estate (AERE), is acquiring 52,069,622 ordinary shares of AERE, which account for an app. 13.87 pct stake in the company. The shares are being taken over from a consortium managed by CPI CEE Management, which will now have no AERE shares, for a total of app. EUR 229 mln in an off-market transaction.
POLAND Warsaw has been ranked 14th in the most attractive places in Europe for investing in real estate, in the Emerging Trends in Real Estate Europe 2015 survey that has just been published by PwC and the Urban Land Institute (ULI).
POLAND Murapol has finalised the purchase of a 0.85 ha site on ul. Poznańska in Kraków.
CEE REGION CPI Group and Orco Property Group (OPG) have both announced that they have been served with a legal summons by Delaware-based Kingstown Partners and affiliated companies for damages due to alleged violation of minority OPG shareholder rights.
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 ...