RUSSIA Russian real estate investment volumes will not exceed USD 3 bln this year, which will equal the lowest level of the last 10 years, says JLL in its latest forecast.
CZECH REPUBLIC Atrium European Real Estate has completed the sale of 72 small-format retail assets (supermarkets) located in the Czech Republic to a private client account managed by Peakside Capital Advisors for app. EUR 68.5 mln.
CZECH REPUBLIC Nestlé Česko has sold its 6,500 sqm site with 2,500 sqm built-up area in Nupaky near Prague. Comprised of office and warehouse space, the property was bought by Levné potraviny.
POLAND Orco Property Group has informed that its earnings from the sale of the Złota 44 luxury apartment building in Warsaw to BBI Development and the US fund Amstar Global Partners will be in fact EUR 13 mln lower due to the claims made by the building’s general contractor, Inso.
POLAND Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF), which is managed by the US property investor Hines, has acquired the Sky Office Center office building in Warsaw from the 5th Avenue Holding.
POLAND Warehouse owner, asset manager and developer Segro has acquired a 10-ha land plot in Tychy to build over 40,000 sqm of new production and warehousing space.
POLAND Czerwona Torebka is selling off the Małpka Express grocery chain to its minority shareholder.
POLAND Marvipol has sold 47 apartments spread across its three residential projects in Warsaw to the Military Residential Agency (WAM) in an over PLN 28.2 mln deal.
POLAND PKP has launched Xcity Investment, an entity responsible for coordinating development projects on the land plots owned by PKP. The number of the developable PKP plots is estimated at 130.
POLAND Griffin Group has acquired a 0.8-ha land plot located at the junction of ul. Towarowa and ul. Wolska in Warsaw, the rest of the so-called ‘Serek Wolski’ area it owns. Now the company plans on developing a large mix-use project jointly with Skanska Property Poland in this location.
POLAND Polish construction and development company Dekpol has debuted on the Warsaw Stock Exchange. The funds raised from the public offering are to be invested in three main areas Dekpol operates in: construction, development and construction equipment manufacturing.
POLAND Development company OKRE Development is changing its ownership structure. The company’s two current shareholders, the Belgian firms Koramic Real Estate and Otreco, have been joined by another Belgian entity, Futurn.
POLAND Black Lion Fund-owned Soho Tetris has been granted a 39 PLN mln loan for another building within Warsaw’s Soho Factory by Getin Noble Bank.
WORLD Poland, the largest CEE market, has been ranked among the top five emerging foreign real estate investment destinations, following such economies as Brazil, China, Mexico and Chile, according to the 23rd annual taken among the members of the US-based Association of Foreign Investors in Real Estate (AFIRE).
POLAND Griffin Group has attained its plan. The company purchased a plot with an area of 0.6-ha at ul. Towarowa 20 in Warsaw. It currently includes a Statoil petrol station.
CZECH REPUBLIC Skanska Property Czech Republic has acquired a Hochtief Development office project that was scheduled to provide a 10,500 sqm office building in Prague’s Anděl-Smíchov business district (Prague 5), Five!.
EUROPE/POLAND Neinver and TIAA Henderson Real Estate (TH Real Estate), on behalf of the New York-based Teachers Insurance and Annuity Association–College Retirement Equities Fund (TIAA–CREF) have set up a joint venture company to specialise in the development of outlet centres across Europe.
POLAND Developer Mayland Real Estate and its investment partner Foncière Euris have signed an agreement with a consortium of Pekao and Bank Zachodni WBK banks for a EUR 95 mln loan for the construction of the Serenada shopping centre in Kraków.
CEE REGION Orco Property Group has announced the sale of its shares in Hospitality Invest (HI), the owner of the MaMaison network of boutique hotels, to CPI Property Group.
CZECH REPUBLIC Orco Property Group has acquired two development projects, one in Prague and the other Brno.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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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.
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Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
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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 ...
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The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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The refurbishment of the V Tower office building in Warsaw is nearing completion with the first tenant to move into the building in the autumn. The St ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
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 ...
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
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 ...
Work has been completed on the second stage of 7R Park Gdańsk IV in Barniewice, in the Tricity area. Dekpol Budownictwo was the general contractor.