Investment & finance
RSSSecure 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.
Investment & finance
Revenue boost for P.A. Nova
POLAND Construction and development company P.A. Nova’s sales revenue increased by app. PLN 12 mln, from PLN 67 mln after the first six months in 2013 to almost PLN 79 mln in the January–June 2014 period.
Orco value plummets after disposals
CEE REGION Orco Property Group registered as loss of EUR 63 mln for the first half of the year, which the company attributes mostly to the loss of revenue and impairments due to the disposal of shares in its German residential subsidiary GSG Group and the site for its proposed Bubny retail development in Prague.
Echo profits grow by 40 pct
POLAND Echo Investment closed the first half of the year with a net profit of PLN 424.8 mln, which constitutes a growth of almost 40 pct on the same period in 2013.
Investment & finance
Mirbud increases revenue and issues bonds
POLAND In the first half of the financial year Mirbud group generated revenue of PLN 501.3 mln, representing an almost twofold growth on the PLN 267.5 mln registered in H1 2013.
Orbis sees growth in profits
POLAND The profit generated by Grupa Orbis in the first half of the year amounted to PLN 22 mln – an almost 20 pct increase on H1 2013.
Goldman Sachs doubles its stake in O1 Properties
RUSSIA Goldman Sachs International has bought another 6 pct of O1 Properties’ shares, thus increasing its stake in the Russian developer to 12 pct.
Warsaw and Budapest drive CEE office performance
EUROPE/ CEE REGION In Q2 2014, European prime office rents have increased by 0.4 pct, slightly lower than at the beginning of the year when they hit 1.1 pct. Meanwhile, leasing volumes in Europe reached 2.8 mln sqm, a 19 pct quarter-over-quarter increase and an 11 pct year-over-year surge, according to the latest study by JLL.
Orco to delist from Prague next month
CZECH REPUBLIC Orco Property Group has announced a date for the delisting of all its 114,507,629 ordinary shares from the Prague Stock Exchange: September 22nd.
Investment & finance
Rank Progress sells Galeria Piła to Austrians
POLAND The Legnica-based developer Rank Progress has finalised the sales of Galeria Piła to Austrian property investor Immofinanz. The transaction was worth almost PLN 57.7 mln net.
Investment & finance
Jaguar sales push up Marvipol profits
POLAND Automotive company and developer Marvipol generated a net profit of over PLN 29 mln in H1 – three times more than the figure for the same period in 2013 and the best semi-annual result in the group’s history.
Conferences
Schedule 2025
9. The 9th Suits on Bikes Ride
The 21st CEE Warehouse & Logistics Conference
Data Center – Real Estate, Technology, Investments
31st Polish Commercial Real Estate Market Conference
The 15th Central & Eastern Europe EurobuildCEE Awards 2025
Magazine
Editions arrow_forward
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
GTC teams up with Paul
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
Well comes to Panattoni
LightOn with Outstanding design
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 June issue of Eurobuild is now out!
The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose ...
The May issue of EurobuildCEE is out now!
Time to read Eurobuild's spring issue!
Events
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
More than 15 minutes of fame
Capitalising on the landlord's market
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
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
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
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
Santander finances Panattoni Poznań XIV
Panattoni has secured further financing from Santander Bank Polska for the development of Panattoni Park Poznań XIV. The EUR 22 mln loan will enable t ...
Adventum acquires four industrial assets
Investment recovers
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
Vacancy stable in the regions
At the end of Q2 2025, the total stock of modern office space in Poland's eight largest regional office markets came to around 6.75 mln sqm, according ...
How to bring workers back to the office
Sonar takes on three buildings
Property and Facility Management
Savills to manage for Yareal
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
Studio B under new management
Cushman feels the Vibe
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
Zeitraum – Racławicka to open for next semester
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Noli Studios Gdansk Old Town unveiled
Heimstaden starts apartment sales
Retail & leisure
Scallier to take on five more retail parks
Scallier has obtained the exclusive rights to commercialise five new retail parks in Toruń, Bydgoszcz, Ruda Śląska, Zabrze, and Darłowo. Construction ...
Andersa retail park to open in 2026
Redkom to open Białystok 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
Raben moves into Brașov
CTP has signed a new lease agreement with Raben Romania, which has taken 1,800 sqm at CTPark Brașov West. With this new space, Raben now operates ten ...
