Investment & finance
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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.
Investment & finance
New plot in Okam’s hands
POLAND Residential developer Okam Capital has purchased another plot in Warsaw’s Służewiec district.
Investment & finance
Starwood finalises Ghelamco negotiations
POLAND American fund SOF-IX International Holdings, which is owned by Starwood Capital Group, is set to buy three office buildings built by Ghelamco.
Robyg buys Służew plot
POLAND Robyg Group has signed an agreement to buy an 8.5 ha plot in Warsaw’s Służew district (south Mokotów).
Investment & finance
Spar sale to Ahold goes through
CZECH REPUBLIC Brno competition authorities have approved the sale of Spar Czech Republic to Dutch retailer Ahold.
Investment & finance
Immofinanz posts 62.8 pct growth in annual profit
CEE REGION In its last fiscal year, the Austrian real estate company Immofinanz Group has seen net profit rising by 62.8 pct, to EUR 180.4 mln.
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
Budimex wins foundational contract for CPK
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massi ...
Work progresses on Henryk Arctowski Antarctic Station
Poland heading for a two-tier market
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
Poland to benefit from data centre realignment
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
Data centres spread out across the region
Poland to be the new data hub
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 in VGP Park Split
Building A (31,984 sqm) in VGP Park Split in Dugopolje has been awarded a BREEAM v6 Outstanding rating. The certification was carried out by BuildGree ...
Galeria Jurajska recertified
Westbridge secures green energy for Skanska
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
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
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
Mercure opens in Oradea
Accor has announced the opening of the Mercure Oradea. The new 90-room hotel is the hospitality group’s 26th location in the country. It is managed by ...
Saltic Zieleniec hotel under construction by Mirbud
Marvipol launches Unique Hotel Kołobrzeg
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
Hydrobudowa Gdańsk to modernise Władysławowo quay for BC-Wind
Ocean Winds has selected Hydrobudowa Gdańsk as the general contractor for adapting part of the port infrastructure in Władysławowo on the Baltic coast ...
Intermodal strengthens Poland’s position on the European logistics map
Orlen buys 216 MW hybrid renewable energy project in Wielkopolska
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
PLN 52 bln developed, but supply not keeping up with demand
July saw a shift in the supply-demand ratio across Poland’s seven largest housing markets. The pool of available developer units fell below the 60,000 ...
Apsys goes shopping for 3 Stawy
CEE real estate investment goes steadily upward
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
Warsaw office market picks up in Q2
After a subdued start to the year, Warsaw’s office market gained significant momentum in Q2 2026, with tenant activity in H1 reaching 420,000 sqm, rep ...
VeloBank renews Citi Handlowy lease in Q22
Knight Frank chosen for Loft Park in Kraków
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
Szczecin castle reconstruction completed
Mostostal Warszawa has completed the second stage of the reconstruction of the north wing of the Pomeranian Dukes’ Castle (Zamek Książąt Pomorskich) i ...
Dewin–Biberstein–Promnitz Castle to be restored
Budimex rebuilds Szczecin sports centre
Residential
Liberty Tower sells PLN 250 mln in six months
Since sales began in February 2026, 122 contracts have been concluded in the Liberty Tower residential building in Warsaw, which is owned by Cavatina. ...
Still too few student beds
Mercator ready to begin flagship Kraków project
Retail & leisure
TK Maxx to debut in Galeria Wiślanka
TK Maxx is to open a 2,200 sqm store in Galeria Wiślanka in Żory, about 30 km southwest of Katowice in Silesia. This will be the British clothing chai ...
Auchan opens in Fuzja
Intermarché opens new-format supermarket in Radlin
Technology
Singu takes over QRmaint
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Łukasiewicz Research Network opens technology laboratory
Skanska installs NHIB in Studio A
Warehouse & industrial
MLP enters Hamburg market
MLP Group has acquired a 6.8 ha brownfield site from a private owner in Geesthacht, Schleswig-Holstein, near Hamburg – marking the group’s debut in th ...
