CEE REGION While global investors expect Western European investment volumes to continue to grow this year (59 pct) and next year (56 pct), their sentiment over CEE investment conditions is not as positive: 52 pct expect the CEE market conditions to deteriorate, as compared to 32 pct last year, while app. 40 pct expect CEE volumes to fall in 2014 and 2015, according to a Colliers International study.
Investment & finance
ROMANIA Guernsey-registered investment company Globalworth has bought the first of the three office buildings that make up Green Court, a 52,000 sqm office complex that is currently being developed in Bucharest, for EUR 44 mln. The newly-acquired Building A offers 19,500 sqm gla of Class A office space.
Investment & finance
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
POLAND Kleba Invest has received a PLN 14.4 mln loan to finance the construction of the Prima retail park in Marki near Warsaw.
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.
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.
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.
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
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
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
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.
CZECH REPUBLIC Orco Property Group has acquired four development projects in Prague and Central Bohemia.
POLAND The Robyg group has issued PLN 60 mln of unsecured ‘L’ series bonds.
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.
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
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
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
CZECH REPUBLIC Atrium European Real Estate has acquired the AFI Palác shopping centre in Pardubice from AFI Europe for EUR 83 mln.
Investment & finance
WORLD UGL has finalised the sale of its property services business DTZ for AUD 1.215 bln to the TPG and PAG Consortium.
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.
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 ...