Investment & finance
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Investment & finance
IKEA Retail Polska 14 pct up
POLAND IKEA Retail Polska has published its results for the 2014 financial year (from September 1st 2013 until August 31st 2014).
Leasing-Experts finances Rank Progress properties
POLAND Leasing-Experts bought and then leased two Rank Progress land plots located in Kłodzko and Legnica.
Another big commercial deal looms in Europe
EUROPE Blackstone is looking for a buyer for Valad Europe, the European arm of the Australian Valad Property Group it owns.
Investment & finance
GTC shareholders say no to share issue
CEE REGION At an extraordinary general meeting of Globe Trade Centre held in Warsaw today, a vote to go ahead with a planned share issue fell short of the required two-thirds majority.
Investment & finance
CA Immo sells its Eastern European warehouses to P3
EUROPE CA Immobilien Anlagen has agreed to sell its 467,000 sqm logistics portfolio in Poland and Romania to warehouse developer P3, owned by TPG Real Estate and Ivanhoé Cambridge.
Echo to break residential record
POLAND Kielce-based developer Echo Investment has revealed that it has sold over 330 apartments since the beginning of this year, 120 of which were bought in Q3.
Americans eye Sołowow’s stake in Echo Investment
POLAND The 46 pct stake in Kielce-based developer Echo Investment, put up for sale by the company’s founder and biggest shareholder Michał Sołowow earlier this year, has tempted a large US player.
Investment & finance
Polish and Romanian banks most eager to support developers
CEE REGION While less than one third of European banks are considering disposing of part of their commercial loan portfolios within the next 12-18 months, their share reaches 60 pct in Bulgaria, 57 pct in Hungary and 50 pct in both Croatia and Slovenia, according to KPMG’s latest study examining prospects for banks financing the real estate sector.
Investment & finance
PetroLot to sell three office buildings and plots near Warsaw Airport
POLAND Airship refuelling services company PetroLot is selling a number properties in the neighbourhood of Warsaw Airport. The starting price for all the properties is PLN 52.3 mln.
Starwood to sell LHG?
WORLD US equity group Starwood Capital is looking for buyers for its Louvre Hotels Group (LHG) chain, according to French media.
Investment & finance
Metropolitan in Warsaw sold
POLAND The Metropolitan office building, designed by Norman Foster, has been sold.
Putin signs property tax rise
RUSSIA President Vladimir Putin has signed a new law to increase property taxes.
CEE market heading for record year
CEE REGION The investment volume in the CEE region could reach between EUR 6 and 7 bln by the year-end, marking the highest level since the economic downturn, according to research by JLL.
Investment & finance
Bricomarché takes over 14 Nomi stores
POLAND Grupa Muszkieterów has announced that the Bricomarché chain of DIY supermarkets has taken over 14 stores of Nomi – which is in liquidation and has thus become the owner of the majority of retail outlets of the brand (Nomi has 24 locations).
Redan finishes restructuring
POLAND With the sale of a minority stake in the company which controls the TextilMarket chain, Redan can now finish its restructuring ahead of schedule and look forward to new projects.
Good Q3 on Russian real estate investment market
RUSSIA In Q3 2014, the total investment volume on the Russian market came to USD 1.3 bln, slightly more than the USD 1.2 bln recorded last year, according to Cushman & Wakefield.
Hochtief gets rid of residential developer
EUROPE German construction company Hochtief has sold its Munich-based residential development company formart to Activum SG, as the Group continues to review its core business operations and implement reorienting strategy.
Investment & finance
BNP provides finance for Marcredo
POLAND BNP Paribas Real Estate has advised Elbfonds on the acquisition of funds for its Marcredo Center Kutno shopping centre investment.
Investment & finance
Atrium buys Focus Mall Bydgoszcz for EUR 122 mln
POLAND Atrium European Real Estate Limited has agreed to acquire Focus Mall in Bydgoszcz from Aviva Investors for EUR 122 mln.
Investment & finance
Świeradów-Czerniawa health resort bought by KGHM
POLAND The privatisation process for the Świeradów-Czerniawa health resort has been completed by Polska Grupa Uzdrowisk.
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.
