Investment & finance
POLAND Another stage of construction work on the Mozaika Mokotów residential devlopment, located on ul. Cybernetyki in Warsaw, will be carried out by Unibep, the companies announced.
Investment & finance
POLAND Kielce-based developer Echo Investment has acquired a plot of almost 4.4 ha in the centre of Warsaw. Situated between ul. Grzybowska, ul. Wronia, ul. Chłodna and ul. Krochmalna, the historic area that once accommodated Warsaw Brewery will now be adapted for a multi-million office and residential investment. The value of the transaction is EUR 42 mln.
POLAND Real estate agency Leach & Lang has sold off a 1.5 ha land plot located on ul Bajeczna in Kraków.
POLAND The European Investment Bank (EIB) will lend EUR 240 mln (PLN 1 bln) for Warsaw municipal infrastructure projects. The funds will support the city’s 2014-2019 investment programme and contribute to creating the long-awaited mobility schemes, education, social and healthcare infrastructure as well as modernizing public and green spaces.
CEE REGION In Q2 2014, the volume of commercial real estate investment across the Central European markets (Poland, the Czech Republic, Slovakia, Hungary and Romania) amounted to EUR 1.14 bln, which represented a 75 pct increase y-o-y, a new report by Cushman & Wakefield shows.
Investment & finance
POLAND Bałtyk, an office and retail building in Poznań, will be mainly funded by the Polish Investments Programme, coordinated by Bank Gospodarstwa Krajowego (BGK). A portion of the funding will also come from a European initiative supporting urban development, Jessica.
Investment & finance
POLAND The Polish-Israeli developer Okam is interested in purchasing a 4.3-h plot of land in Warsaw district of Praga. Located on ul. Szwedzka, the parcel has formerly housed Pollena Uroda’s manufacturing facilities. It could now accommodate nearly 1,000 apartments and some office space.
Investment & finance
CEE REGION The US real estate giant Blackstone has acquired six logistics and distribution parks, located across Poland and the Czech Republic, from Pramerica Real Estate Investors. Meanwhile, Blackstone's logistics platform, Logicor, has bought a portfolio of European logistics facilities, including a Hungarian warehouse.
POLAND In order to better concentrate on residential construction, the Lublin-based developer Wikana, has sold its commercial property in Krasnobród for PLN 4.2 mln. The mini-mall housed a Biedronka store and a few smaller retailers. The new owner is a private person, specialized in running retail facilities.
POLAND Mirbud, the Polish construction company, will carry out two new projects worth a gross total of PLN 50 mln.
Investment & finance
POLAND Capital Park, the investor of the Royal Wilanów office project, located at the junction of ul. Klimczaka and ul. Przyczółkowa in Warsaw, has got a loan from PKO BP to further develop the project. “We have reached the required level of commercialization of the facility, and met the requirements over our deposit, which has paved the way for us to get the first tranche of funding. The total amount of the loan granted by PKO Bank Polski amounts to EUR 61.1 mln,” informed Michał Majewski, treasury manager of Capital Park.
Investment & finance
POLAND Michał Sołowow, the founder and biggest shareholder in Echo Investment, has put his nearly 46 pct stake in the Kielce-based company up for sale. The shares were offered for sale by London branch of Citi. Neither Echo Investment nor Sołowow himself have commented on the news. While Sołowow didn’t find time to answer our questions for over a week, we have confirmed with three independent market sources that the offering is now on.
Investment & finance
POLAND Octava Fizan, the Polish non-public assets closed investment fund, has finalized the purchase of six office buildings from Arka BZ WBK, the real estate closed investment fund that is set to be liquidated. The office buildings which changed their owner include: FDS Plaza and Light House in Warsaw, Quattro Forum in Wrocław, Winogrady Business Center in Poznań, Red Tower in Łódź and Alfa Plaza in Tricity. Their total leasable area amounts to app. 48,300 sqm.
POLAND Capital Park generated PLN 3.2 mln in net profit in the first quarter – app. PLN 9 mln lower than the figure last year. The group is continuing its acquisition policy and is planning purchases worth as much as PLN 200 mln this year.
POLAND American fund SOF-IX International Holdings, which is owned by Starwood Capital Group, is to buy three office buildings developed by Ghelamco. The properties changing hands are Katowice Business Point and two office complexes in Warsaw – Łopuszańska Business Park and T-Mobile Office Park on ul. Marynarska.
Investment & finance
CZECH REPUBLIC Vienna-headquartered property developer Warimpex has sold its last five-star hotel in Prague, the Savoy Hotel, to a private investor, as the company completes the withdrawal from the city’s declining luxury hotel market.
Investment & finance
POLAND One of the most interesting and largest investment plots in Warsaw’s Wola district will most probably soon be changing hands.
WORLD/EUROPE Middle Eastern investors are expected to spend USD 180 bln in the world’s commercial real estate markets over the next decade, with 80 pct of it (USD 145 bln) to be allocated in Europe, according to the latest research from global property advisor CBRE.
Investment & finance
CZECH REPUBLIC Radovan Vítek has decided to merge his Czech real estate investment company CPI Group into GSG Group (formerly Orco Germany), with the intention of further expansion into the European property market.
CZECH REPUBLIC ING bank has agreed to a financing package worth EUR 93.6 mln to Brno-based industrial developer CTP.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) inc ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
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 ...
BNP Paribas Bank Polska and Bank Pekao have granted a EUR 160 mln investment loan to refinance Mennica Towers. With the funds, Mennica Polska has now ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
IAG GBS Poland, the shared services centre of the International Airlines Group, has extended its 2,2000 sqm office lease in the O3 Business Campus com ...
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 ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Capital Park Group is preparing to start construction work in Szczecin. Rezydencja Aleja Fontann, a late 19th-century townhouse, is to be renovated wi ...
LCP Poland, part of M Core, has opened the M Park Ozorków retail park with over 5,600 sqm gla and ten retail units.
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Röhlig Suus Logistics is opening a new logistics centre in Szczecin, combining warehousing facilities with a cross-dock terminal. The operator is to c ...