Investment & finance
RSS
Investment & finance
Romania The investment market decline
The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Investment & finance
Hungary Skanska sells H2Offices
Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.
Investment & finance
Poland GLP seals 7R park purchase
7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.
Investment & finance
Poland Leclerc picks up former Tesco
E.Leclerc has bought a retail property in Jelenia Góra from Tesco. The building is currently undergoing revitalisation work to transform it into a 24,500 sqm convenience shopping centrre
Investment & finance
Czech Republic Kaprain buys Libeň site for new district
Czech Investment group Kaprain has acquired a 5.3 ha brownfield site in Libeň (Prague 9) from Howden ČKD Compressors.
Investment & finance
Poland Hillwood builds, Pekao finances
Hillwood Polska has signed loan agreements with Bank Pekao SA for the construction of three warehouse parks - in Częstochowa, near Rawicz and in Łazy near Warsaw - granting a total loan of more than EUR 89 mln.
Investment & finance
Germany Garbe buys brownfield east of Würzburg
Garbe has acquired a plot of land located some 30 km east of Würzburg. A logistics centre with a total area of around 16,000 sqm is to be built on it. Construction is scheduled to start in Q2 of 2024, with an investment volume of around EUR 25 mln.
Investment & finance
Poland Irish investor buys Gorzów mall
Galeria Askana in Gorzów Wielkopolski has been acquired by Polprop 4, an SPV owned by Irish investor John Patchell, for an undisclosed sum. The new owner plans to double the value of the shopping centre within 2 to 3 years.
Investment & finance
Poland Giant loan for Panattoni
Panattoni has received financing from BNP Paribas Bank Polska for the largest industrial park in Bydgoszcz, Panattoni Park Bydgoszcz IV.
Investment & finance
RO MAN IA Profitable H1 for One United
Romanian developer One United Properties generated a gross profit of EUR 69.8 mln and a consolidated turnover of EUR 171 mln in H1 2023 – up by 17 pct and 26 pct y-o-y respectively.
Investment & finance
Poland P3 buys 30 ha near Poznań
P3 Logistic Parks has acquired a 30-hectare site in Dachowa near Poznań. The newly acquired plot will be used to build the P3 Poznań III park, which will complete the developer's portfolio in the Wielkopolska region.
Investment & finance
Poland DSV Group will spend 1 bln on investments
The DSV Group intends to invest more than 1 bln PLN over the next five years in Poland. The largest investment will be the construction of a logistics centre in Wypędy near Warsaw. The cost of the project will be more than 260 mln PLN.
Investment & finance
Poland GTC records growth
GTC has presented its financial results for H1 of 2023. Rental and service revenues ranked at EUR 90 mln (EUR 85 mln in the corresponding period of 2022), while rental revenue growth increased by 8 pct on a like-for-like basis.
Investment & finance
Slovakia Mitiska gears up for expansion in Slovakia
Mitiska REIM has purchased a retail park in Skalica on behalf of the MEREP 3 fund. The company is also developing a new facility in Sládkovičovo and has announced plans to increase its portfolio of retail parks in Slovakia in partnership with OPC Group.
Investment & finance
Poland Panattoni with the financing from BGK
Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The EUR 10.5 mln loan was granted by Bank Gospodarstwa Krajowego.
Investment & finance
Polska 54 million to build two farms
Pad Res has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 mln. The funding will be allocated to the construction of two photovoltaic farms, with a combined capacity of 117 MW, in northern Poland.
Investment & finance
Poland Nrep takes over 7R
Danish real estate investor Nrep has acquired a majority stake in Polish warehouse developer 7R, investing app. EUR 200 mln in the company.
Investment & finance
Poland AB Tewox buys five retail parks
AB Tewox, an investment company managed by Lords LB Asset Management, has announced the acquisition of five retail parks in Głowno, Świdnica, Przemyśl, Kalisz and Puławy in Poland.
Investment & finance
Germany Garbe leases to automobile manufacturer
Garbe Industrial Real Estate has recorded another lease as part of a joint venture with the Quakernack Group and Bremer Projektentwicklung. The German car manufacturer will move into a hall area of around 82,000 sqm in Bitterfeld-Wolfen (Saxony-Anhalt).
Investment & finance
POLAND Investika picks up Royal Trakt Offices
Investika realitní fond has acquired Royal Trakt Offices in central Warsaw from German investor Patrizia for an undisclosed sum.
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
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
Ziv Zviel of Atlas Estates
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
Not just for the rich
Demand for PBSA continues to accelerate
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
Leonardo expands in JM Tower
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Self service in Opole
Mercure comes to Transylvania
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
Strabag constructs Deleni wind farm
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
Tender awarded for CPK rail changes
Most of the land now acquired for CPK
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
Scallier sells project to Centerscape
Poznań-based Scallier has sold a commercial property in Nowa Wieś near Pruszków within the Warsaw urban area to Centerscape.
AFI buys out Echo's share of Office House
Dom Dochodowy sold
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
Exact Sciences enters Lixa D
Exact Sciences, a global leader in molecular diagnostics and early-stage cancer detection, has opened its international support centre in Warsaw. The ...
Offices Are Making a Comeback
Astellas comes to the Bridge
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
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Agora Mall Arad reopens
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Ławica Shopping Park opens in Poznań
Retail park to come to Konstantynów Łódzki
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
Hopi stays on with P3
P3 has extended its long-term lease for nearly 34,000 sqm of warehouse and office space with Hopi in its P3 Mszczonów park. Hopi is involved in wareh ...
