Investment & finance
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Investment & finance
Prosperus Real Estate Fund I buys North Star
LITHUANIA Real estate company MG Valda has sold its shares in BCU2, the owner of the North Star business center in Vilnius, to the real estate investment fund Prosperus Real Estate Fund I.
Investment & finance
Segro posts 72 pct revenue drop in Poland
CEE REGION In its last financial year, Segro has seen its Central European portfolio growing by 5.9 pct y-o-y, while the UK-based warehouse developer’s revenues from the Polish business fell by app. 72 pct, to GBP 8.2 mln, as compared to GBP 30.1 mln in 2013.
Investment & finance
Galeria Metropolia gets PLN 91 mln
POLAND Przedsiębiorstwo Budowlane Górski, which is the developer of the Galeria Metropolia shopping centre that is currently being developed in Gdańsk Wrzeszcz, has been given a PLN 91 mln financing for the construction of the project.
Investment & finance
Pbb Deutsche Pfandbriefbank goes private again
EUROPE German state-owned Hypo Real Estate Holding has put up for sale a 100-pct stake in Pbb Deutsche Pfandbriefbank, which had been nationalized after the financial turmoil caused by the collapse of Lehman Brothers.
Investment & finance
BIK announces new projects
POLAND Biuro Inwestycji Kapitałowych (BIK) is planning to start the construction of two logistic parks and a shopping centre. The new facilities are to be located in the southern part of the country.
Wikana sells Piaseczno plot
POLAND Wikana Property, a subsidiary of Wikana, has signed PLN 4.3 mln preliminary sales agreement concerning a land plot located on ul. Żeromskiego in Piaseczno near Warsaw, where it intended to build the Osiedle Żeromskiego residential building. The buyer is Bud-Rim Development.
Investment & finance
Kleba Invest finds buyer for Marki project
POLAND Kleba Invest has received a letter of intent concerning the purchase of Prima Park Marki, the company informed.
Investment & finance
CA Immo keeps selling off non-core assets
CZECH REPUBLIC Vienna-based developer CA Immo has disposed of two Czech hotel assets, Prague’s Europort Airport Center and Pilsen’s Diplomat Center, as the company continues to withdraw from the logistics, hotel and residential property segments.
Aareal Bank Group acquires WestImmo for EUR 350 mln
EUROPE German-based Aareal Bank Group has taken over all of the shares of Westdeutsche ImmobilienBank AG (WestImmo), which specialises in commercial property financing, from Erste Abwicklungsanstalt (EAA) for EUR 350 mln.
Skanska optimistic about 2015
CEE REGION Skanska will aim to sell off five office complexes located in Prague, Bucharest, Kraków, Poznań and Katowice this year.
Investment & finance
Czerwona Torebka sells three retail assets
POLAND Czerwona Torebka has sold three retail facilities worth jointly PLN 31.9 mln to private investors.
Belgians enter Wrocław
POLAND The Polish branch of BPI, a company from the CFE group has finalised the purchase of a plot in the centre of Wrocław.
Investment & finance
Acteeum and Rockcastle buy in Tomaszów
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.
Echo and the moneymen
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.
Investment & finance
PZU satisfied with real estate investment
POLAND In 2014, the rate on return on PZU Fundusz Inwestycyjny Zamknięty Sektora Nieruchomości 2, which is managed by TFI PZU, exceeded 11 pct.
Great year for Budimex
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.
Investment & finance
AFI back in the game, buys Warsaw’s ‘Pekin’
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.
Investment & finance
Something old and something new for Budizol
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.
Investment & finance
Skanska operations on the rise in CEE
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).
Investment & finance
Dubai investor to pour EUR 2.3 bln into SEE resort
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.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
DL Invest moves into data centres
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Brain Park Building C sold
ECE Work & Live enters Poland
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office Park
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
Nonko signs up with MLP
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.
