Investment & finance
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Investment & finance
X5 to turn Oriflame warehouse into supermarket
RUSSIA Russian retail giant X5 Retail Group has bought a Krasnogorsk warehousing and distribution complex from the Swedish cosmetics manufacturer and retailer Oriflame for EUR 36 mln.
Investment & finance
Kleba Invest obtains loan for Warsaw retail project
POLAND Kleba Invest has received a PLN 14.4 mln loan to finance the construction of the Prima retail park in Marki near Warsaw.
MLP Group has PLN 1 bln properties
POLAND In Q3 2014, the warehouse developer MLP Group has seen a 9.2 pct y-o-y surge in revenue, to PLN 75.3 mln. The net value of MLP assets increased by 25.3 pct y-o-y, to PLN 546.7 mln, while the company’s investment properties exceeded PLN 1 bln, a PLN 78.7 mln increase y-o-y.
Griffin Property Finance II gives first loan
POLAND Griffin Group has launched the Griffin Property Finance II platform, a debt fund financing real estate projects, of which ‘Eurobuild CEE’ informed at the beginning of July. The fund’s first transaction has already taken place: GPF II provided a EUR 46 mln financing to Rosehill Investment.
Bydgoszcz’s Zielone Arkady secured as seed asset
POLAND ECE’s European Prime Shopping Centre Fund II has closed with EUR 500 mln raised. The Zielone Arkady shopping centre, which is currently being developed by ECE in Bydgoszcz, has been secured as the first property for the fund.
Standard Life Investments sells off Brno warehouse
CZECH REPUBLIC Standard Life Investments’ European Property Growth Fund has sold a 13,000 sqm retail warehouse in Brno to its tenant, Sconto Immobilien.
Investment & finance
Cedet’s financing sorted
POLAND Bank Gospodarstwa Krajowego (BGK) has granted the Cedet redevelopment project with a EUR 56.5 mln loan as part of the Polish Investments programme it supports. The Cedet project redevelops and extends the historical CDT building in Warsaw, which used to house the iconic Smyk children’s department store.
Investment & finance
C-Mec sells off 10,000 sqm industrial building
CZECH REPUBLIC Belgian-Czech industrial equipment manufacturer C-Mec Holding has sold a 10,000 sqm office and warehousing building in Kladno to a private Czech investor through a sell-and- leaseback transaction.
Investment & finance
Hammerson and VIA Outlets buys Freeport outlets
CZECH REPUBLIC The Carlyle Group has sold its Freeport Portfolio of outlet centres in Portugal, Sweden and the Czech Republic to Hammerson, VIA Outlets, APG, Meyer Bergman and Value Retail.
Orco resumes buying for projects
CZECH REPUBLIC Orco Property Group has acquired four development projects in Prague and Central Bohemia.
PLN 60 mln bond issue for Robyg
POLAND The Robyg group has issued PLN 60 mln of unsecured ‘L’ series bonds.
Transneft close to buying Evolution Tower
RUSSIA Oil giant Transneft is planning to acquire the Evolution Tower office building in Moscow Intenational Business Center, according to undisclosed market sources cited by Vedomosti.
Hungarian central bank with distressed assets manager
HUNGARY Hungary’s central bank (MNB) is setting up an asset management agency, the MARK Group, that will have HUF 300 bln (EUR 980 mln) to buyout toxic commercial property loans from local banks.
Investment & finance
Brazilian banking tycoon buys The Gherkin
UNITED KINGDOM The Gherkin, London’s second-tallest building, has new owner. The 180-meter office tower located at 30 St Mary Axe has been sold to Safra Group, a Brazilian financial holding controlled by Joseph Safra.
Investment & finance
Ronson increases sales in Q3
POLAND In the first three quarters of the year, Polish residential developer Ronson has sold 565 units, a 36 pct y-o-y increase. The company now expects its 2014 sales to exceed the number of 700 apartments, 50 units more than earlier anticipated.
Investment & finance
Atrium buys AFI Palác Pardubice for EUR 83 mln
CZECH REPUBLIC Atrium European Real Estate has acquired the AFI Palác shopping centre in Pardubice from AFI Europe for EUR 83 mln.
Investment & finance
UGL completes sale of DTZ
WORLD UGL has finalised the sale of its property services business DTZ for AUD 1.215 bln to the TPG and PAG Consortium.
Budimex sees all-round improvement
POLAND In the January–September period, Budimex group’s sales increased by 17.8 pct, while its operating profit grew by 47.2 pct in this period compared to the same period last year. Its operating profit margin amounted to 4.7 pct – up by a quarter.
Griffin negotiates new acquisitions
POLAND Griffin is negotiating the purchase of four new commercial projects in Poland worth EUR 160 mln in total. Two of the projects are located in Warsaw and the other two in the regional markets.
Investment & finance
Bucharest office leasing sees improvement in Q3
ROMANIA According to CBRE, in Q3 2014, the total leasing activity (TLA) in Bucharest reached the level of 70,000 sqm. For the second consecutive quarter, new leases, expansions and pre-leases in the city accounted for more than 80 pct of TLA, the analysts point out.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
DL Invest moves into data centres
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Brain Park Building C sold
ECE Work & Live enters Poland
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office Park
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
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
Nonko signs up with MLP
Nonko, a logistics company that serves Chinese clients, has leased 4,100 sqm of modern warehouse space at MLP Wrocław.
