Investment & finance
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Investment & finance
Spar sale to Ahold goes through
CZECH REPUBLIC Brno competition authorities have approved the sale of Spar Czech Republic to Dutch retailer Ahold.
Investment & finance
Immofinanz posts 62.8 pct growth in annual profit
CEE REGION In its last fiscal year, the Austrian real estate company Immofinanz Group has seen net profit rising by 62.8 pct, to EUR 180.4 mln.
Investment & finance
Inpro leases back Hotel Mikołajki
POLAND Inpro has signed a letter of intent for the sale and leaseback of the five-star Hotel Mikołajki by Mleasing.
Ghelamco buys land for office building
POLAND Ghelamco has bought two plots in Warsaw’s Mokotów district for the development of an office building with an area of app. 20,000 sqm.
Polimex sells another property
POLAND Polimex-Mostostal is continuing with its restructuring process through the sale of properties unrelated to the main operations of the company.
AMW sells 38 ha military plot in Ciechanów
POLAND Polish Military Property Agency (AMW) has put up for sale a 37.7 ha land plot in Ciechanów. Located on ul. Wojska Polska, app. 1.5 km from the city centre, the plot is packed with 84 military buildings.
Investment & finance
Skanska wants to take over five star hotel in Warsaw
POLAND/EUROPE Skanska Central Europe Holding is about to take over SPS Investment, the majority stake owner of Warsaw’s Westin hotel.
Czarnecki takes over Hajdarowicz land plots in Kraków
POLAND Not Murapol but LC Corp, a company owned by the Polish millionaire Leszek Czarnecki, will buy a 6.4 ha Kraków land plot. The seller is the Jupiter fund, a part of the Gremi group that is owned by Grzegorz Hajdarowicz.
Investment & finance
Czerwona Torebka sees improved sales in H1 2014
POLAND In the first half of 2014, Czerwona Torebka has managed to sell 54 units worth nearly PLN 31 mln. Their total leasable area reached 4,900 sqm, a three-fold y-o-y increase, the company informed
Bad-debt weakened Erste posts EUR 930 mln loss in H1
CEE REGION Austrian banking group Erste has seen a EUR 929.7 mln loss in the first half of 2014 driven by the writedowns and tax regulations across the CEE markets.
OTP Group acquires Romanian Millennium Bank for EUR 39 mln
ROMANIA Portuguese commercial bank Banco Comercial Português is selling its Romanian unit, Millennium Bank, to the Hungarian OTP Bank that operates across eight CEE markets.
Investment & finance
NEPI buys Piatra Neamț plot for mall
ROMANIA South African-owned investor in the Romanian property market NEPI have announced in an annual report that it has bought a 7.4 ha site in Piatra Neamț in the north-east of the country.
Investment & finance
CEE office yields harden in H1 2014
CEE REGION The first half of the year has seen many European office rentals improving, along with the prime yields hardening in some of the CEE cities, including Bucharest (-50 bps), Budapest (-25 bps) and Prague (-25 bps), a study by Colliers International shows.
Investment & finance
Echo Investment in talks to sell two shopping malls
POLAND Warsaw-listed developer Echo Investment is negotiating a sale of two Polish shopping centres: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.
CBRE revenue up 22 pct
WORLD CBRE generated USD 2.1 bln in revenue in the second quarter of the year, representing a 22 pct increase from the figure of USD 1.7 bln recorded in Q2 2013.
Robyg buys Żoliborz plot
POLAND Robyg Żoliborz Investment has finalised the purchase of a plot in Warsaw’s Żoliborz district.
Investment & finance
PKP publishes list of parties interested in Warszawa Główna Osobowa
POLAND Six entities are interested in the development of the area of the former Warszawa Główna Osobowa railway station, the Polish State Railways (PKP) has announced.
South Korea’s pension fund to invest USD 800 mln in Poland
POLAND South Korea’s state-run pension fund is set to invest 820 bln South Korean won (USD 800 mln) in a portfolio of real estate assets in Poland, including "two shopping malls and a power transmission tower,” according to Reuters.
Office and retail plots go under the hammer
POLAND Warsaw city council has invited tenders for plots with combined area of 3,800 sqm in Warsaw’s Bielany district.
Investment & finance
Rank Progress secures loan for retail park
POLAND Rank Progress has been granted a loan by MBank Hipoteczny for the construction of a retail park near Krosno.
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.
