Investment & finance
POLAND In H1 2014, Interferie (Interferie jointly with an affiliated company, Interferie Medical SPA) continued to perform stable growth. At the end of June 2014, the group’s revenues amounted to over PLN 17.9 mln, as compared to PLN 17.9 last year. Its net loss in H1 2014 decreased to PLN 356,000, from PLN 1.23 mln in H1 2013.
Investment & finance
POLAND Management board of Atrium European Real Estate (AERE) has approved the first stage of the extension and modernization plan for the Atrium Promenada shopping centre in Warsaw. According to the company, the shopping centre will get enlarged by as much as 44,000 sqm.
EUROPE In H1 2014, a Poland-based restaurant operator Amrest, which runs app. 760 bars under KFC, Burger King, Pizza Hut and Starbucks brands, has seen a 8.9 y-o-y increase in its revenue, to PLN 1.4 bln. However, the company also posted a significant drop in net operating profit, which hit PLN 12 mln, as compared to PLN 41.8 mln in H1 2013.
Investment & finance
CEE REGION In H1 2014, AFI Properties, which is the parent company of the CEE developer AFI Europe, has seen an over six-fold y-o-y increase in profit, from EUR 4.3 mln to EUR 27.5 mln. The global real estate investment company’s net operating income hit EUR 39.4 mln, up 10 pct y-o-y.
Investment & finance
POLAND Inpro has signed a loan contract with the PKO BP bank for partial financing of the net costs related to the construction of B building at the Chmielna Park estate on ul. Chmielna and ul. Toruńska on the Spichrzów Island in Gdańsk.
RUSSIA In H1 2014, the total value of MirLand Development Corporation’ assets increased by 15 pct and for the first time hit USD 1 bln, the company has announced.
ROMANIA Telecommunications provider Romtelecom has put up for sale its ten Romanian properties. Located in Bucharest and a few smaller cities, they were valued at EUR 3.6 mln net in total, according to the local news agency Mediafax.
Investment & finance
POLAND The Metropolitan office building, designed by the famous Norman Foster, may soon be sold.
POLAND Polish State Railways (PKP) has chosen a consortium made up of Winnicki and Maxto for the redevelopment of Szczecin railway station under the ‘design and build’ formula.
CEE REGION Estonian developer Arco Vara, which also actively operates in Latvia and Bulgaria, has posted below expectations H1 results as the Group’s operational revenues reached EUR 2.2 mln, a 57 pct drop y-o-y, and its development services income decreased by 80 pct.
CEE REGION German real estate and construction company Bilfinger has reduced its projection for 2014 results again. Its net profit is now expected to hover around EUR 205 mln and EUR 220 mln, EUR 25 mln down compared to the previous financial adjustment made just five weeks ago.
HUNGARY In the first half of the year, total real estate transaction volumes in Hungary have increased by 46 pct, to EUR 283 mln. The number includes EUR 231 mln of income-generating investment deals, a record high level since 2011, according to Colliers International.
Investment & finance
POLAND Residential developer Okam Capital has purchased another plot in Warsaw’s Służewiec district.
Investment & finance
POLAND American fund SOF-IX International Holdings, which is owned by Starwood Capital Group, is set to buy three office buildings built by Ghelamco.
POLAND Robyg Group has signed an agreement to buy an 8.5 ha plot in Warsaw’s Służew district (south Mokotów).
Investment & finance
CZECH REPUBLIC Brno competition authorities have approved the sale of Spar Czech Republic to Dutch retailer Ahold.
Investment & finance
CEE REGION In its last fiscal year, the Austrian real estate company Immofinanz Group has seen net profit rising by 62.8 pct, to EUR 180.4 mln.
Investment & finance
POLAND Inpro has signed a letter of intent for the sale and leaseback of the five-star Hotel Mikołajki by Mleasing.
POLAND Ghelamco has bought two plots in Warsaw’s Mokotów district for the development of an office building with an area of app. 20,000 sqm.
POLAND Polimex-Mostostal is continuing with its restructuring process through the sale of properties unrelated to the main operations of the company.
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 ...
