POLAND The successful limiting of the downward trend in terms of sales, improvements in the profitability of each level of operations, maintaining a high level of cash, as well as building the order portfolio for the next few years – this is how Q1 2014 for the Budimex group was summed up by the president of the board, Dariusz Blocher.
POLAND A politician who put up for sale a city park such as Pole Mokotowskie in Warsaw, Błonie in Kraków or the Ronald Reagan park in Gdańsk would be unlikely to be a popular choice for re-election.
POLAND Orco Property Group (OPG) has given up on its recently announced plans to obtain a bridge loan to help it to pay back PLN 250 mln worth of liabilities to Pekao bank related to the development of the Złota 44 building in Warsaw.
RUSSIA Goldman Sachs International has bought a 6 pct stake (5.1 mln class ‘B’ ordinary shares) in Russian investment and development company O1 Properties for USD 100 mln.
CZECH REPUBLIC Pbb Deutsche Pfandbriefbank is to provide a EUR 39 mln loan to UK investor Meyer Bergman for the acquisition of the Prague Fashion Arena outlet centre.
ESTONIA The EPI Baltic I fund, managed by Northern Horizon Capital (NHI), has completed the sale of the De la Gardie shopping centre to Estonian investment company Lepidus Invest.
POLAND Domex group, which is owned by brothers Arkadiusz and Sławomir Tomala, has filed for bankruptcy open to arrangement at the district court in Tarnobrzeg.
POLAND Echo Investment closed 2013 with a net profit of PLN 331.1 mln, compared to PLN 374.1 mln a year earlier.
POLAND “On the basis of our solid financial results and further sales transactions for successful projects, we can see a lot of potential in new development activities,” Franz Jurkowitsch, the president of the board of Warimpex has declared at the launch of an office project next to the Chopin hotel in Kraków.
POLAND Construction company Mirbud is planning to take over Demuth Alfa, the owner of the Arena Ostróda exhibition centre.
CZECH REPUBLIC CTP has bought the D1 Zone – Nupaky Logistics Park on the south eastern outskirts of Prague from UK investor Mosaic Property and Czech-Irish investment group Kilcullen Kapital Partners for an undisclosed sum.
RUSSIA ICT Group has finalised the purchase of a 26 pct stake in O1 Properties
POLAND Orco Property Group has announced that on April 17th it concluded that an agreement with Pekao bank for the acquisition of loan receivables and collateral related to the Zlota 44 residential tower project in Warsaw.
CZECH REPUBLIC PPF Group, owned by Czech businessman Petr Kellner, is poised to buy the City Tower office building in Pankrác (Prague 4), according to local media.
RUSSIA Investment levels could be the lowest in the post-crisis period and comparable to total investment volumes in 2009, when the volume reached USD 3.2bn, according to JLL.
POLAND Griffin Group has acquired two of the office buildings forming part of the Centrum Biurowe Lubicz complex in Kraków from Polonia Property Fund I.
POLAND In Q1 2014 the most active investors on the Polish property investment market were funds that already have properties in Poland.
POLAND BNP Paribas Real Estate Capital Markets is to advise Elbfonds in its portfolio management, including the sale of selected properties and advice on project financing.
POLAND The trends shaping the Polish real estate market include an increase in transaction volumes, a return of speculative investments to the warehouse market, and rising interest in residential portfolio investments, according to research by consultancy EY.
POLAND Rank Progress and Immofinanz Group have concluded a preliminary agreement to co-operate on a retail development in Piła.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Almost 4,800 res ...
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 ...
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.
The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose ...
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.
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
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 ...
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Adventum International, through its acquisition of four industrial properties in Poland, has launched its new Adventum Industrial fund, a sub-fund of ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Three years after the pandemic, employee disinterest remains a barrier to a widespread return to the office, according to research by Colliers, obtain ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
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 ...
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Construction work on the Andersa retail park has begun at the junction of ul. Andersa and ul. Okulickiego in Gliwice. The centre is already almost ful ...
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 ...
DeFelt, a company that specialises in the use of PET felt for acoustics and interior design, has leased around 2,500 sqm in P3 Wrocław City.