EUROPE Creditors and shareholders of IVG Immobilien have approved an insolvency plan for the German real estate investor.
POLAND Construction company Erbud plans to issue four-year unsecured bearer bonds with a total nominal value of up to PLN 52 mln.
POLAND Swiss strategic Investor Papag AG has bought Praktiker Polska from its insolvent parent company Praktiker Group.
CEE REGION The CEO of Orco Property Group, Jean-François Ott, has been dismissed from his position – a move forced by largest shareholder Radovan Vítek.
EUROPE IVG Immobilien has sold its IVG Private Funds Management business (worth EUR 3.4 bln) to another German fund, Deutsche Immobilien, according to press reports.
HUNGARY Deutsche Pfandbriefbank has provided a EUR 33 mln loan to Europa Capital on behalf of Europa Fund II to refinance the 23,500 sqm Eiffel Square building in Budapest.
POLAND Real estate management service company Invesco Real Estate has opened its second CEE office in Warsaw.
ESTONIA Arco Vara has announced on the Tallinn Stock Exchange that it is to issue bonds worth EUR 200,000 to its existing shareholders.
POLAND J.W. Construction is to have a public issue of 40,554,960 bonds in order to finance a number of projects.
POLAND Millenium Logistic Parks recorded a 36 pct y-o-y increase in the value of its assets in 2013, up to PLN 508.9 mln.
POLAND Gliwice-based construction company P.A. Nova has started the construction of a shopping centre in Jaworzno.
POLAND Spanish stock exchange-listed developer Realia has sold a 3.5 ha site in Warsaw’s Wilanów district to a large Polish developer.
CZECH REPUBLIC Deka Immobilien has sold the Florenc Office Center in Prague 7 to Czech property fund ZFP Investments investiční společnost for app. EUR 34 mln.
POLAND Jerónimo Martins Polska, the owner of the Biedronka grocery chain, is planning to open app. 300 new stores this year, some of which are to be acquired from the MarcPol chain.
CEE REGION Plaza Centers has announced its results for 2013 with a loss for the year of EUR 218 mln. Compared to a loss of EUR 86 mln for the previous year.
ROMANIA Heineken has announced the sale of the Griviţa brewery in Bucharest to a group of real estate investors, including Ionut Dumitrescu, the founder of Eurisko Consulting (a company acquired by CBRE in 2008 for over USD 35 mln).
RUSSIA MirLand Development Corporation has recorded revenues of USD 103.8 mln for 2013, representing a 147.1 pct increase on the USD 42 mln from the previous year.
CEE REGION AFI Properties has registered a record profit of EUR 32 mln in 2013 as well as an 85 pct increase in its operating profit to EUR 96.5 mln and an 11 pct y-o-y increase in the company’s net operating income , which totalled EUR 73 mln in 2013.
CZECH REPUBLIC Ahold, the Dutch company which runs the Albert chain of supermarkets, has agreed to purchase the Czech operations of the Austrian-based grocery chain Spar for over CZK 5.2 bln (app. EUR 191 mln).
SLOVAKIA HB Reavis has sold three buildings in the five-building City Business Center office complex in Bratislava.
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. Nearly 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 ...
After a moderate start to the year, Q2 saw a revival in the investment market. However, the total transaction volume remains below the 2020 average, a ...
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. Data from Colliers, obtained in collabora ...
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 intersection of ul. Andersa and ul. Okulickiego in Gliwice. Already, the centre is nearl ...
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.