POLAND Kielce-based developer Echo Investment has revealed that it has sold over 330 apartments since the beginning of this year, 120 of which were bought in Q3.
POLAND The 46 pct stake in Kielce-based developer Echo Investment, put up for sale by the company’s founder and biggest shareholder Michał Sołowow earlier this year, has tempted a large US player.
Investment & finance
CEE REGION While less than one third of European banks are considering disposing of part of their commercial loan portfolios within the next 12-18 months, their share reaches 60 pct in Bulgaria, 57 pct in Hungary and 50 pct in both Croatia and Slovenia, according to KPMG’s latest study examining prospects for banks financing the real estate sector.
Investment & finance
POLAND Airship refuelling services company PetroLot is selling a number properties in the neighbourhood of Warsaw Airport. The starting price for all the properties is PLN 52.3 mln.
WORLD US equity group Starwood Capital is looking for buyers for its Louvre Hotels Group (LHG) chain, according to French media.
Investment & finance
POLAND The Metropolitan office building, designed by Norman Foster, has been sold.
RUSSIA President Vladimir Putin has signed a new law to increase property taxes.
CEE REGION The investment volume in the CEE region could reach between EUR 6 and 7 bln by the year-end, marking the highest level since the economic downturn, according to research by JLL.
Investment & finance
POLAND Grupa Muszkieterów has announced that the Bricomarché chain of DIY supermarkets has taken over 14 stores of Nomi – which is in liquidation and has thus become the owner of the majority of retail outlets of the brand (Nomi has 24 locations).
POLAND With the sale of a minority stake in the company which controls the TextilMarket chain, Redan can now finish its restructuring ahead of schedule and look forward to new projects.
RUSSIA In Q3 2014, the total investment volume on the Russian market came to USD 1.3 bln, slightly more than the USD 1.2 bln recorded last year, according to Cushman & Wakefield.
EUROPE German construction company Hochtief has sold its Munich-based residential development company formart to Activum SG, as the Group continues to review its core business operations and implement reorienting strategy.
Investment & finance
POLAND BNP Paribas Real Estate has advised Elbfonds on the acquisition of funds for its Marcredo Center Kutno shopping centre investment.
Investment & finance
POLAND Atrium European Real Estate Limited has agreed to acquire Focus Mall in Bydgoszcz from Aviva Investors for EUR 122 mln.
Investment & finance
POLAND The privatisation process for the Świeradów-Czerniawa health resort has been completed by Polska Grupa Uzdrowisk.
Investment & finance
CZECH REPUBLIC/SLOVAKIA CPI Property Group has announced that it has entered into agreements to buy 20,000 ha of farmland in the Czech Republic and the Poštová Office Center in Bratislava.
EUROPE Cyprus-based O1 Group has bought a 16.35 pct stake in CA Immobilien Anlagen from Unicredit Bank Austria for EUR 295 mln.
WORLD In its last financial year, real estate agent Knight Frank has seen a record GBP 392.7 mln turnover, a 12 pct y-o-y increase, while it generated GBP 136.6 mln profit, a 33 pct y-o-y boost.
Investment & finance
SERBIA Plaza Centers has completed the sale of its Kragujevac Plaza shopping centre for EUR 38.6 mln.
Investment & finance
POLAND Irish investor Castle Carbery Properties, on behalf of Mazovia Holdings II, has sold the Cirrus office building in Warsaw’s Mokotów district to a subsidiary of Tel Aviv Stock Exchange listed Adgar Investments & Development.
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 ...
