Investment & finance
CEE REGION In 2014 HB Reavis Group generated a EUR 89 mln consolidated net profit, which accounted for a 26 pct y-o-y growth. At the same time the company recorded a 29 pct increase in operating profit, to EUR 132.6 mln, while its total assets increased by 18 pct, to EUR 1.8 bln and total shareholder equity reached EUR 933 mln.
HUNGARY Hungary’s largest telecommunications company Magyar Telekom, a subsidiary of Deutsche Telekom, has signed an agreement with the Hungarian development company Wing Group on the construction of its new 55,000 sqm Budapest headquarters and the sale of the existing main offices.
Investment & finance
POLAND/EUROPE Vienna-based development company UBM is putting up for sale a portfolio of 17 non-core European properties, which include Warsaw’s Poleczki Business Park office complex.
Investment & finance
EUROPE European Commission has approved Griffin Topco III’s and LVS II Lux XX’s joint acquisition of 41.55 pct of the Echo Investment shares that currently belong to the development company’s founder, Michał Sołowow.
Investment & finance
EUROPE London-based real estate investment fund manager Tristan Capital is exploring the option of selling a GBP 1.5 bln European retail portfolio comprised of 35 properties, a fifth of which is located in Poland, on an off-market basis, informs ‘Property Week’.
Investment & finance
POLAND The Capital Park group launched a number of new projects in Q1.
Investment & finance
POLAND Union Investment Real Estate is about to acquire the Riviera shopping centre on ul. Kazimierza Gróskiego 2 in Gdynia.
Investment & finance
ROMANIA/ BULGARIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investment company is acquiring a series of retail, residential and office assets across Romania and Bulgaria.
POLAND The Robyg group is to prematurely redeem some of J-series bonds secured by the mortgage on a property owned by Robyg Mokotów Investment (a company set up to carry out a residential project on a plot between ul. Puławska and al. Wilanowska).
Investment & finance
POLAND The European Property Investors Special Opportunities 3 LP (EPISO 3) fund, advised by Tristan Capital Partners, in a joint venture with Avestus Real Estate Avestus, has acquired the Enterprise Park office building in Kraków.
WORLD Asset management company AXA Investment Managers has launched the AXA WF Global Flexible Property fund that aims to mimic the liability side of a real estate company's balance sheet and enable fund managers to seek a return profile similar to that of a direct real estate investment.
POLAND Bielsko-Biała based developer Murapol has finalised a preliminary purchase agreement for a plot on al. Marszałka Józefa Piłsudskiego and ul. Sobolowa in Łódź.
Investment & finance
CEE REGION In the first quarter 2015, GTC’s net profit increased to EUR 8 mln, from a net loss of EUR 2 mln registered in Q1 2014, as the company disposed of three Polish and Romanian assets.
POLAND In Q1 2015, the LPP fashion retail group has seen its total sales increasing by 6 pct y-o-y, to PLN 1 bln. At the same time LPP generated a PLN 23.7-mln operational profit, a significant drop from PLN 48.4 mln last year, while the group’s revenues from comparable stores fell by 0.7 pct, excluding changes in local currency rates.
Investment & finance
POLAND The sales of Małpka, the operator of the Małpka Express food store chain, has now been completed. Its new owner is Forteam Investments.
ROMANIA/ UNITED KINGDOM Fondul Proprietatea, a EUR 2.9 bln Romanian closed-end fund managed and co-owned by Franklin Templeton Investments, has floated on the London Stock Exchange.
POLAND Wrocław-based developer i2 Development has purchased a plot with a historical granary at ul. Księcia Witolda 46 in Wrocław. The company now plans on modernizing the building which previously belonged to the city of Wrocław and developing a residential and office complex on the 0.5-ha plot.
Investment & finance
POLAND Around 2 ha of the former Nauta ship repair yard in Gdynia, which is to be revitalised as the Gdynia Waterfront project, has been sold and the sale of the remaining area of Stocznia Remontowej Nauta is currently being negotiated.
POLAND Marvipol has signed a PLN 25 mln preliminary purchase agreement on app. 5.3-ha parcels located in Warsaw’s Białołęka district.
Investment & finance
POLAND The AICEE II fund, which is managed by Akron Group, has sold the Europlex office and retail complex on ul. Puławska to Lone Star.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) inc ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
BNP Paribas Bank Polska and Bank Pekao have granted a EUR 160 mln investment loan to refinance Mennica Towers. With the funds, Mennica Polska has now ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
IAG GBS Poland, the shared services centre of the International Airlines Group, has extended its 2,2000 sqm office lease in the O3 Business Campus com ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Capital Park Group is preparing to start construction work in Szczecin. Rezydencja Aleja Fontann, a late 19th-century townhouse, is to be renovated wi ...
LCP Poland, part of M Core, has opened the M Park Ozorków retail park with over 5,600 sqm gla and ten retail units.
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Röhlig Suus Logistics is opening a new logistics centre in Szczecin, combining warehousing facilities with a cross-dock terminal. The operator is to c ...