Investment & finance
RSSAFI completes EUR 32 mln financing for Bucharest project
ROMANIA AFI Europe has finalised a EUR 32 mln loan it was given by Erste Group-owned Banca Comerciala Romana (BCR) to develop its two Bucharest office buildings, AFI Park 2 and AFI Park 3.
Alpha Bank buys MLP Bucharest Sud for EUR 14.2 mln
ROMANIA AGI-RRE Hera, a subsidiary of Greek bank Alpha Bank, has paid EUR 14.2 mln to buy the MLP Bucharest Sud logistics park in southern Bucharest.
Cushman & Wakefield in the green
WORLD In H1 2014, Cushman & Wakefield’s gross revenue increased to nearly USD 1.28 bln, a 23.7 pct y-o-y increase. The company’s commission and service fee revenue increased USD 174.2 mln, a 24.2 pct increase, to a record USD 895.2 mln, compared to USD 721 mln in H1 2013.
Echo Investment to issue another tranche of bonds
POLAND Warsaw-based developer Echo Investment has decided to issue another tranche of bonds addressed to individual investors. Series ‘C’ will include 750,000 of 3.5-year bonds worth PLN 100 each, the company informed.
Investment & finance
Offices draw largest investment across Baltics
CEE REGION In H1 2014, the Baltic countries have seen office sector dominating their real estate investment volumes, while their total value reached EUR 385 mln, a 18.4 pct y-o-y drop, says Colliers.
Segro finalises EUR 208 mln loan for SELP
CEE REGION UK-based Segro has managed to arrange a EUR 208 mln loan for European Logistics Partnership (SELP), its 50/50 joint venture with Canadian pension fund Public Sector Pension Investment Board, to co-finance the EUR 472 mln logistics property purchase it is making across Europe.
Plaza Centers gets rid of distressed Romanian asset
ROMANIA Israeli-owned shopping center developer Plaza Centers has ultimately given up on its Târgu Mureș retail project, as it has sold the site, valued at EUR 3.5 mln, to an undisclosed developer.
Investment & finance
PHN secures funds for Domaniewska Office Hub
POLAND PKO BP and Pekao Bank Hipoteczny banks have granted a loan to Polski Holding Nieruchomości (PHN) for the construction of the Domaniewska Office Hub project in Warsaw’s Mokotów district.
Investment & finance
Czerwona Torebka to move into overdrive
POLAND The dynamic growth of the Czerwona Torebka group has contributed to an increase in its consolidated revenue in the first half of the year.
Investment & finance
CEE commercial investment volumes slow down "temporarily"
CEE REGION Although in H1 2014 commercial real estate investment volumes in Eastern Europe have reached EUR 3.6 bln, a marginal slow down compared to the last year, they will soon accelerate again, says Colliers International in its latest study.
Secure Property enlarges and differentiates Romanian portfolio
ROMANIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investor, has made another property purchase in Romania. The London-listed company bought a EUR 3.3 mln residential portfolio comprised of 122 apartments situated in four Bucharest complexes.
HB Reavis issues EUR 30 mln of bonds
SLOVAKIA HB Reavis has closed its inaugural bond transaction on the Bratislava stock market by raising EUR 30 mln, bringing the total funds of HB Reavis raised on the capital markets since November 2013 to over EUR 63 mln.
EM&F to close fashion franchise by year-end
POLAND Empik Media & Fashion wants to close down its franchise of 90 fashion stores by the end of the year.
CEE markets co-determine Auchan’s H1 surge
EUROPE/CEE REGION In H1 2014, French grocer Auchan has posted a healthy growth, driven mostly by its Eastern European and Chinese operations. From running a total of 1,006 hyper- and 2,746 super- markets around the globe, Groupe Auchan generated a consolidated revenue incl. tax of EUR 31.2 bln, up 4.7 pct y-o-y.
Investment & finance
Mint Investments buys Astra and Euro
CZECH REPUBLIC Mint Investments has announced the acquisition of Palác Euro and Palác Astra in Wenceslas Square (Václavské náměstí) in Prague for EUR 40 mln.
Redan secures investor for Textilmarket
POLAND Clothing group Redan has signed an investment contract to sell a minority stake in Adesso – the owner of the Textilmarket chain of discount stores.
Investment & finance
Asbud takes over Karolkowa Business Park
POLAND Israeli development group Asbud has become the sole owner of Karolkowa Business Park in Warsaw’s Wola district.
Investment & finance
Israeli developer sees increased rental income in Russia, profit dips
RUSSIA AFI Development, a Russian subsidiary of the Israeli-based Africa Israel Investments development and construction holding, has seen a 9 pct y-o-y increase in rental and hotel operating income in the first half of the year, to US 74.8 mln (EUR 56.9 mln). However, the company’s revenues plunged to US 76.2 mln (EUR 58 mln), compared to US 123.9 mln (EUR 94.3 mln) in H1 2013.
Global City Holdings profits up to EUR 13.9 mln
POLAND The net profit of Global City Holdings (formerly Cinema City International) for the first half of the year increased to EUR 13.9 mln from EUR 8.1 mln in H1 2013.
Investment & finance
Warimpex hotels hit by Russian-Ukrainian crisis
CEE REGION In H1 2014, Vienna-headquartered developer Warimpex has seen a EUR 10.8 mln loss y-o-y with a 7 pct y-o-y decrease in total revenues. The latter broke down into a 9 pct y-o-y drop in the company's hotels revenues dropping, a 33 pct y-o-y slide in the development & services revenues and a 19 pct y-o-y surge in the investment properties revenues.
Conferences
24th EurobuildCEE Golf Tournament
20th EurobuildCEE Summer Tennis Tournament
2nd EurobuildCEE Running Tournament
CPK – Nowa Era dla Polski i Rynku Nieruchomości Komercyjnych
9. The 9th Suits on Bikes Ride
The 21st CEE Warehouse & Logistics Conference
31st Polish Commercial Real Estate Market Conference
The 15th Central & Eastern Europe EurobuildCEE Awards 2025
Magazine
Editions arrow_forward
Categories
Architecture and urban planning
Poznań with a green Aura
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Dutch-Czech team wins Dejvice contest
Alto launches Sky Park arch-comp
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
Six buildings certified
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Colliers qualifies as WELL Survey Provider
Nestlé House is Excellent
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
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
The May issue of EurobuildCEE is out now!
The latest edition of our magazine reaches readers at a time when there is a palpable sense of uncertainty on the global market. Nevertheless, a stead ...
Time to read Eurobuild's spring issue!
March issue of "Eurobuild" out now!
Events
Back to the Future Conference
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
Race to the top
Investors optimistic again
Exclusive
Rebuilding through tech – Mike Stenson of Kingspan
Irish company Kingspan has recently broken ground on a EUR 280 mln business technology campus near Lviv. This was the first major investment announced ...
A sudden slump is not on the cards
Keen students of the Polish scene – Xior Student Housing
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
Romanian hotel market continues to recover
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Changes at the helm of Dom Development
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 ...
Savills has new CEO
New head of retail at Cushman & Wakefield
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
Interior design
Grainy effect for Viterra
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 ...
Mercedes-Benz stylish Prague office
Saski Crescent eco-friendly and smart
Investment & finance
IP West sold
CA Immo has completed the sale of the IP West office building in Budapest. CBRE and Cerha Hempel Rechtsanwälte advised on the sale.
Silverton sells twice
CEE Commercial Real Estate Rebound Continues
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
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
Office demand on the rise
In the first quarter of this year, companies leased a total of 25 pct more office space across Poland’s major office markets compared to the same peri ...
Low CEE office take up
Memos grows
Property and Facility Management
Studio B under new management
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 ...
Cushman feels the Vibe
CBRE will rule in Skyliner II
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
All.inn to appear in Gdańsk
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
PRS growing rapidly in Poland
Mint lays out its growth plans
Retail & leisure
Bydgoszcz retail park to open 2026
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
Mall Moldova now open
BIG Poland acquires Multishop Suwałki retail park
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
Leasing up but developer activity down
In the first quarter, gross take-up for Poland’s industrial market came to 1.1 mln sqm (+16 pct y-o-y), with tenants increasingly opting to renew leas ...
