Investment & finance
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Investment & finance
TriGranit sells Millennium Gate
HUNGARY TriGranit has sold the Millennium Gate building in Budapest to Dutch-registered International Medical Centers for an undisclosed sum.
EIB grants CZK 1 bln infrastructure loan for Ostrava
CZECH REPUBLIC The European Investment Bank (EIB) is to provide a loan of CZK 1 bln (app. EUR 37 mln) to finance the development of municipal infrastructure in Ostrava.
Investment & finance
ECE sells Trio in Vilnius
LITHUANIA Austrian investor ECE European City Estates has sold the Trio office complex in Vilnius to Swedish private investor Nordic and Baltic Property Group (NBP).
Investment & finance
W.P. Carey buys and leases Nokia building in Kraków
POLAND W. P. Carey, through its non-traded REIT CPA®:17–Global, has completed the acquisition in a sale-leaseback of an office/R&D facility in Kraków with Nokia Corporation.
Date set for Orco delisting from PSE
CZECH REPUBLIC The Prague Stock Exchange has accepted Orco Property Group’s request to delist from the bourse.
Polish developers take out less loans
POLAND In the last year, the process of obtaining property bank financing in Poland has become more difficult for developers, while the activity of the cooperative banks in providing this kind of backing decreased. Meanwhile, the largest creditors’ market share improved, according to a study by the Polish Association of Development Companies (PZFD).
Investment & finance
GLL buys Wenceslas Square diamond
CZECH REPUBLIC The Diamant building on Wenceslas Square in Prague has been bought by a German-based fund manager GLL Real Estate Partners (represented by SPI) for an undisclosed sum.
Investment & finance
Augustine Hotel sold to Russian investor
CZECH REPUBLIC Russian private investment firm GledenInvest has completed the acquisition of the five-star plus Augustine Hotel in Prague’s Malá Strana district from Raiffeisen Evolution.
East Capital buys Baltic grocer’s EUR 13.4 mln premises
ESTONIA Stockholm-based asset manager East Capital has acquired the logistics centre and offices owned and occupied by the Baltic grocery retailer Rimi Eesti Food near Tallinn, worth EUR 13.4 mln.
AFI completes EUR 32 mln financing for Bucharest project
ROMANIA AFI Europe has finalised a EUR 32 mln loan it was given by Erste Group-owned Banca Comerciala Romana (BCR) to develop its two Bucharest office buildings, AFI Park 2 and AFI Park 3.
Alpha Bank buys MLP Bucharest Sud for EUR 14.2 mln
ROMANIA AGI-RRE Hera, a subsidiary of Greek bank Alpha Bank, has paid EUR 14.2 mln to buy the MLP Bucharest Sud logistics park in southern Bucharest.
Cushman & Wakefield in the green
WORLD In H1 2014, Cushman & Wakefield’s gross revenue increased to nearly USD 1.28 bln, a 23.7 pct y-o-y increase. The company’s commission and service fee revenue increased USD 174.2 mln, a 24.2 pct increase, to a record USD 895.2 mln, compared to USD 721 mln in H1 2013.
Echo Investment to issue another tranche of bonds
POLAND Warsaw-based developer Echo Investment has decided to issue another tranche of bonds addressed to individual investors. Series ‘C’ will include 750,000 of 3.5-year bonds worth PLN 100 each, the company informed.
Investment & finance
Offices draw largest investment across Baltics
CEE REGION In H1 2014, the Baltic countries have seen office sector dominating their real estate investment volumes, while their total value reached EUR 385 mln, a 18.4 pct y-o-y drop, says Colliers.
Segro finalises EUR 208 mln loan for SELP
CEE REGION UK-based Segro has managed to arrange a EUR 208 mln loan for European Logistics Partnership (SELP), its 50/50 joint venture with Canadian pension fund Public Sector Pension Investment Board, to co-finance the EUR 472 mln logistics property purchase it is making across Europe.
Plaza Centers gets rid of distressed Romanian asset
ROMANIA Israeli-owned shopping center developer Plaza Centers has ultimately given up on its Târgu Mureș retail project, as it has sold the site, valued at EUR 3.5 mln, to an undisclosed developer.
Investment & finance
PHN secures funds for Domaniewska Office Hub
POLAND PKO BP and Pekao Bank Hipoteczny banks have granted a loan to Polski Holding Nieruchomości (PHN) for the construction of the Domaniewska Office Hub project in Warsaw’s Mokotów district.
Investment & finance
Czerwona Torebka to move into overdrive
POLAND The dynamic growth of the Czerwona Torebka group has contributed to an increase in its consolidated revenue in the first half of the year.
Investment & finance
CEE commercial investment volumes slow down "temporarily"
CEE REGION Although in H1 2014 commercial real estate investment volumes in Eastern Europe have reached EUR 3.6 bln, a marginal slow down compared to the last year, they will soon accelerate again, says Colliers International in its latest study.
Secure Property enlarges and differentiates Romanian portfolio
ROMANIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investor, has made another property purchase in Romania. The London-listed company bought a EUR 3.3 mln residential portfolio comprised of 122 apartments situated in four Bucharest complexes.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Poland heading for a two-tier market
The value of the 960 largest construction projects in Poland is already more than PLN 1 tln and continues to rise, driven by a wave of infrastructure ...
Poland underestimates Building site crime
Dekpol debuts in Romania with 20,000 sqm logistics park
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
Data centres
Data 4 starts in France with EUR 5 bln investment
By 2030, Data4 plans to invest over EUR 20 bln in the development of its European campuses. Data4 will invest EUR 5 bln to transform a brownfield site ...
EU targets Poland for rapid Data centre growth
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
Outstanding for Prologis
Prologis has been awarded a BREEAM International New Construction certificate with a rating of Outstanding for its new warehouse development in Ujazd ...
Silesia City Center now Excellent
Outstanding for City Point Okęcie Logistics Park
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 June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
August 7th – mark the date
Once again, for the 15th time, the real estate sector is to come together for a worthy cause in support of the Ronald McDonald House Poland Foundation ...
Investment given the green light
SIMA grows internationally
Exclusive
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
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
aHouse to build hotel in Grodzisk Mazowiecki
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Swissôtel comes to Gdynia
Strong Warsaw hotel growth
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Green light for Port of Poland
The National Appeals Chamber (KIO) has dismissed the appeal lodged against the construction of foundations for the passenger terminal of the Port of P ...
Strabag wins EUR 255 mln contract
Hill International to work on Central Communication Port
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
YIT partners again with One Family Office
YIT Czechia, in a joint venture with One Family Office, has completed the purchase of development land in Prague 4 through the acquisition of DH Tower ...
Central Point sold to Lewandpol
Apsys shares Posnania with Trigea
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
Foundever expands in Campus 6.3
Foundever, a global leader in customer experience solutions, has expanded its office space in Bucharest to 3,500 sqm, doubling its footprint within th ...
Hungary's office market returns
The Shire comes to Poznań
Property and Facility Management
JLL takes on Equal Business Park
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 ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Gronów Elbląski station to be renovated
Polish State Railways (PKP) is to modernise the station in Gronów Elbląski. The design is ready, and the company has now announced a tender to select ...
A new look for central Warsaw
Oleśnica railway station restored
Residential
Poland unprepared for ageing population
JLL's latest report, 'TheSenior Housing Market in Poland', reveals a deep supply gap, coupled with a solid demand base. Poland is aging the fastest in ...
Quorum Tower reaches final height
Moja Oszmiańska arises in Warsaw
Retail & leisure
Wroclavia becomes Westfield
The Unibail-Rodamco-Westfield (URW) Group is rebranding the Wroclavia shopping centre to Westfield Wroclavia. The name change is to take effect from S ...
Enter the Zone
EUR 9 mln to modernise Iulius Mall
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Battswap comes to Prologis Park Prague-Rudná
Prologis has signed a new lease with innovative Czech technology company BattSwap. The startup will occupy around 2,200 sqm at Prologis Park Prague-Ru ...
