Investment & finance
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Investment & finance
PointPark Properties buys eleven logistics parks
CZECH REPUBLIC PointPark Properties has agreed to buy eleven Czech logistics parks from Tristan Capital Partners and VGP for EUR 523 mln.
Investment & finance
HB Reavis sells River Garden Office I
CZECH REPUBLIC HB Reavis Group has sold its River Garden Office I building in Prague’s Karlín business district to Prvý realitný fond (PRF) managed by Slovakian company IAD Investments.
Investment & finance
TechnoPark Pardubice goes under the hammer
CZECH REPUBLIC The Naxos auction house is selling Technopark Pardubice, with the lowest bid having been set at CZK 160 mln (app. EUR 5.7 mln).
Industrial investment in Europe hits seven-year high
EUROPE In H1 2014, investors have spent a total of EUR 8.7 bln on industrial properties across Europe, the best first half performance since 2007, a study by CBRE reveals. The figure represents a 25 pct increase versus H1 2013.
Investment & finance
Portland Trust buys plot to build more offices in Bucharest
ROMANIA Prague-based commercial developer Portland Trust has bought a 4 ha land plot in Bucharest from Nusco Group. Located in North Central part of the city, the plot will accommodate a "large office project."
Investment & finance
Szczecin tenement house offered for sale
POLAND Litwiniuk Property facilitated the sale of a 240 sqm retail unit in a Szczecin tenement house. Located on ul. Bogusława X and owned by an undisclosed company that also holds the rest of the building, the space was acquired by an anonymous private investor for PLN 2.6 mln, the company informed.
Investment & finance
Strabag acquires EUR 95 mln stake in JW Marriott hotel
ROMANIA Bank of Cyprus has disposed of its 35.2 pct share in JW Marriott-branded Bucharest Grand Hotel, initially valued at EUR 95 mln, by selling it to the Austrian construction and development conglomerate Strabag.
Investment & finance
Ghelamco sells three Polish properties to Starwood
POLAND Belgian-originated developer Ghelamco has finalized the sale of its T-Mobile Office Park, Łopuszańska Business Park and Katowice Business Point to an American private investment firm Starwood Capital Group. The three office properties comprise 78,000 sqm of space in total.
Investment & finance
Interferie reduces net loss
POLAND In H1 2014, Interferie (Interferie jointly with an affiliated company, Interferie Medical SPA) continued to perform stable growth. At the end of June 2014, the group’s revenues amounted to over PLN 17.9 mln, as compared to PLN 17.9 last year. Its net loss in H1 2014 decreased to PLN 356,000, from PLN 1.23 mln in H1 2013.
Investment & finance
Atrium redevelops Warsaw mall
POLAND Management board of Atrium European Real Estate (AERE) has approved the first stage of the extension and modernization plan for the Atrium Promenada shopping centre in Warsaw. According to the company, the shopping centre will get enlarged by as much as 44,000 sqm.
Amrest satisfied with Poland, Hungary and Russia in H1
EUROPE In H1 2014, a Poland-based restaurant operator Amrest, which runs app. 760 bars under KFC, Burger King, Pizza Hut and Starbucks brands, has seen a 8.9 y-o-y increase in its revenue, to PLN 1.4 bln. However, the company also posted a significant drop in net operating profit, which hit PLN 12 mln, as compared to PLN 41.8 mln in H1 2013.
Investment & finance
AFI ends H1 with EUR 27.5 mln profit
CEE REGION In H1 2014, AFI Properties, which is the parent company of the CEE developer AFI Europe, has seen an over six-fold y-o-y increase in profit, from EUR 4.3 mln to EUR 27.5 mln. The global real estate investment company’s net operating income hit EUR 39.4 mln, up 10 pct y-o-y.
Investment & finance
Inpro borrows PLN 25 mln to build Chmielna Park
POLAND Inpro has signed a loan contract with the PKO BP bank for partial financing of the net costs related to the construction of B building at the Chmielna Park estate on ul. Chmielna and ul. Toruńska on the Spichrzów Island in Gdańsk.
MirLand grows in value
RUSSIA In H1 2014, the total value of MirLand Development Corporation’ assets increased by 15 pct and for the first time hit USD 1 bln, the company has announced.
Romtelecom to sell off ten properties
ROMANIA Telecommunications provider Romtelecom has put up for sale its ten Romanian properties. Located in Bucharest and a few smaller cities, they were valued at EUR 3.6 mln net in total, according to the local news agency Mediafax.
Investment & finance
Lord Foster Warsaw project to change hands
POLAND The Metropolitan office building, designed by the famous Norman Foster, may soon be sold.
Contractor chosen for Szczecin station redevelopment
POLAND Polish State Railways (PKP) has chosen a consortium made up of Winnicki and Maxto for the redevelopment of Szczecin railway station under the ‘design and build’ formula.
Arco Vara sees 57 pct drop in H1
CEE REGION Estonian developer Arco Vara, which also actively operates in Latvia and Bulgaria, has posted below expectations H1 results as the Group’s operational revenues reached EUR 2.2 mln, a 57 pct drop y-o-y, and its development services income decreased by 80 pct.
Bilfinger CEO quits as annual forecast drops
CEE REGION German real estate and construction company Bilfinger has reduced its projection for 2014 results again. Its net profit is now expected to hover around EUR 205 mln and EUR 220 mln, EUR 25 mln down compared to the previous financial adjustment made just five weeks ago.
Hungarian transaction volumes see 46 pct boost in H1
HUNGARY In the first half of the year, total real estate transaction volumes in Hungary have increased by 46 pct, to EUR 283 mln. The number includes EUR 231 mln of income-generating investment deals, a record high level since 2011, according to Colliers International.
Categories
Architecture and urban planning
Dance centre opens in Warsaw
The Dance and Performing Arts Pavilion has opened in Warsaw's Powiśle district.
Public consultations held for Park Wilanów
Need for clarity introducing reforms
Construction
Dekpol debuts in Romania with 20,000 sqm logistics park
Dekpol Budownictwo is eentering Romania. In December 2025, the company signed an agreement with a developer to carry out design work for the first sta ...
Construction industry waiting to boom
Warsaw returns another building to its prime
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 signs power purchase agreement
GTC has signed a three-year power purchase agreement (PPA) with Ekovoltis, due to which all of the company's office buildings and shopping centres in ...
ESG to evolve with the regulations
Light On takes Platinum
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
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 ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
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 December issue of Eurobuild hits the shelves!
The December 2025 edition of EurobuildCEE magazine has now been published! And, as usual, it's filled with some fabulous interviews, market analysis, ...
The latest issue of Eurobuild hits the shelves!
The October issue is now out!
Events
Merry Christmas to one and all
May Christmas be a time of peace, reflection, and regeneration after an intense year so full of challenges. May the New Year bring bright prospects, s ...
Jazz for the New Year
The ageing population discussed at the Accessibility Forum
Exclusive
BIM now mainstream
The year 2025 clearly demonstrated that BIM methodology and technology have already entered companies on a large scale. Aleksandra Zielazna-Pawlukiewi ...
What is driving the spate of lease renewals
More than just opening doors
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
Swissôtel opens in The Czech Republic
The Swissôtel chain has announced the opening of its first hotel in the Czech Republic in the spa town of Mariánské Lázně.
AC Hotels to open in Port Praski
New look for Novotel Praha Wenceslas Square
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
Budimex builds more roads
Budimex has obtained a permit to build the seventh section of the S10 expressway between Piecnik and Wałcz in the Western Pomerania region.
AI fundamental to future water management
Intercom to construct Jasło bypass
Interior design
New food hall in Poznań
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 ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Skanska sells Equilibrium 2
Skanska has sold the second building of the Equilibrium office complex in Bucharest to Magyar Posta Takarék Real Estate Investment Fund (MPTIA), a pub ...
Real Estate market remains stable
BNP Paribas backs Panattoni in Szczecin
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
EY GDS comes to Katowice
EY GDS, a provider of advisory and audit services, has launched an EY Global Delivery Services centre in Katowice, its third in Poland.
Sygnity changes offices in West Forum
CTP moves into Varso Tower
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
Agrobex builds in Poznań
Construction work on 50 municipal apartments has begun on ul. Darzyborska in Poznań. The project has been commissioned by ZKZL, and Agrobex Group is t ...
Entering a two-tier market
Student Depot expands in Gdańsk
Retail & leisure
Record high construction
Around 500,000 sqm of new retail space will be delivered to the Polish market in 2025, with the new supply, largely driven by the development of retai ...
OTO Park Kłodzko now bigger
Smart Play to come to Aleja Bielany
Technology
Rentujemy to revolutionise the market
Polish technology company Rentujemy, which is involved in short-term rental management, is launching a co-hosting service. With this solution, the com ...
Velis has a new name
Symbiotic fit for HB Reavis and HqO
Warehouse & industrial
NRF grows with Panattoni
Automotive parts producer NRF Group has expanded its warehouse and office footprint at Panattoni Park Gdańsk West II by 7,000 sqm to a total of 52,000 ...
