Investment & finance
EUROPE Berlin, Dublin, Madrid, Hamburg and Athens performed best among the European cities showing the strongest property investment prospects in 2015. Warsaw was ranked 14th, a three place drop compared to the 2014 ranking. Prague took the 18th position, a two place y-o-y fall, while Budapest was ranked 22nd, a five place jump compared to the last year, according to an annual investment prospects survey by PwC.
Investment & finance
POLAND/CZECH REPUBLIC Slovakian resort operator and developer Tatry Mountain Resorts is considering abandoning plans to re-develop the Śląskie Wesołe Miasteczko amusement park in Chorzów and to develop another park in Ostrava instead.
Investment & finance
ROMANIA/ BULGARIA Wrocław-based restaurant operator Amrest is acquiring two sole operators of the Starbucks-branded stores in Romania and Bulgaria for app. EUR 16 mln.
Investment & finance
POLAND BBI Development will contribute the land and app. PLN 22 mln of cash while, Liebrecht & Wood will add app. PLN 70 mln for the development of the mixed-use Praga Koneser Center project in Warsaw.
POLAND In its last financial last year, the Erbud revenues and EBIT have increased by 38.5 pct and 34 pct y-o-y respectively, while the construction company generated PLN 1.69 bln revenues.
POLAND The Polish real estate market has exited the development phase and entered the mature market phase. This seems to be confirmed by very good 2014 results across all the market sectors, among other things, according to Anna Kicińska, partner, leader of the real estate consultancy group at EY, CSE, who presented the ‘Poland. The Real State of Real Estate 2015’ report.
Investment & finance
POLAND German real estate bank Helaba has agreed, as arranger and underwriter, to provide a EUR 100 mln medium-term investment loan to AIG/Lincoln Polska for Galeria Sloneczna in Radom.
RUSSIA Magnum, a company owned by Russian businessman Victor Loktinov, has sold the Enigma class ‘B’ business centre in St Petersburg’s Kirovsky district to an undisclosed private investor.
Investment & finance
CZECH REPUBLIC Hamburg-based Union Investment has completed its acquisition of a majority stake in the Palladium building on Náměstí Republiky in Prague 1 for around EUR 570 mln.
Investment & finance
POLAND TriGranit Development Corporation has been granted a EUR 193 mln term loan facility from ING Bank Śląski S.A. and ING Bank N.V. to refinance senior debt related to the Bonarka City Center in Kraków.
Investment & finance
LITHUANIA The Baltic Opportunity Fund, which is managed by Northern Horizon Capital, has acquired the Europa shopping centre in Vilnius CBD from Baltic Property Trust Secura A/S for an undisclosed sum.
Investment & finance
POLAND Skanska Property Poland is seeking for buyers for four of its Polish office buildings with a total of 62,000 sqm gla.
Investment & finance
CZECH REPUBLIC TREI Real Estate Czech Republic has signed an agreement for the sale of the Penny Market distribution centre in Radonice (Prague-East) to a company controlled by ZFP Investments, acting on behalf of the ZFP realitní fond.
Investment & finance
RUSSIA A subsidiary of the Trinfico Investment Group-managed private Russian pension fund Blagosostoyanie has completed the EUR 70 mln acquisition of two buildings located within the Airportcity business centre in St Petersburg.
POLAND Gliwice-based developer P.A. Nova has received a PLN 37.5 mln financing for a retail park which is being developed on the post-industrial area of Kamienna Góra.
POLAND Bank Pekao and Przedsiębiorstwo Porty Lotnicze (PPL) have signed a contract on the financing of the extension of the Warsaw Chopin Airport. The planned work will be financed with the support of a PLN 600 mln bond issue, with the final redemption date set for 2022, arranged by the Bank.
Investment & finance
SLOVAKIA In 2014, the real estate investment activity in Slovakia increased to over EUR 610 mln, the highest level since 2005, says JLL.
EUROPE CA Immobilien Anlagen and O1 Group are considering the joint acquisition of a 15 pct stake in Immofinanz AG.
Investment & finance
WORLD Real estate agent Cushman & Wakefield is being put up for sale in the face of growing property prices and competition, according sources cited by the World Street Journal. The company’s majority owner has reportedly hired Goldman Sachs and Morgan Stanley to find buyer for its stake.
Investment & finance
POLAND The Kapelanka 42 office complex which was developed by Skanska Property Poland in Kraków has been awarded LEED Core&Shell certificate with ‘Gold’ rating.
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 ...