Investment & finance
RSSPlaza 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.
HB Reavis issues EUR 30 mln of bonds
SLOVAKIA HB Reavis has closed its inaugural bond transaction on the Bratislava stock market by raising EUR 30 mln, bringing the total funds of HB Reavis raised on the capital markets since November 2013 to over EUR 63 mln.
EM&F to close fashion franchise by year-end
POLAND Empik Media & Fashion wants to close down its franchise of 90 fashion stores by the end of the year.
CEE markets co-determine Auchan’s H1 surge
EUROPE/CEE REGION In H1 2014, French grocer Auchan has posted a healthy growth, driven mostly by its Eastern European and Chinese operations. From running a total of 1,006 hyper- and 2,746 super- markets around the globe, Groupe Auchan generated a consolidated revenue incl. tax of EUR 31.2 bln, up 4.7 pct y-o-y.
Investment & finance
Mint Investments buys Astra and Euro
CZECH REPUBLIC Mint Investments has announced the acquisition of Palác Euro and Palác Astra in Wenceslas Square (Václavské náměstí) in Prague for EUR 40 mln.
Redan secures investor for Textilmarket
POLAND Clothing group Redan has signed an investment contract to sell a minority stake in Adesso – the owner of the Textilmarket chain of discount stores.
Investment & finance
Asbud takes over Karolkowa Business Park
POLAND Israeli development group Asbud has become the sole owner of Karolkowa Business Park in Warsaw’s Wola district.
Investment & finance
Israeli developer sees increased rental income in Russia, profit dips
RUSSIA AFI Development, a Russian subsidiary of the Israeli-based Africa Israel Investments development and construction holding, has seen a 9 pct y-o-y increase in rental and hotel operating income in the first half of the year, to US 74.8 mln (EUR 56.9 mln). However, the company’s revenues plunged to US 76.2 mln (EUR 58 mln), compared to US 123.9 mln (EUR 94.3 mln) in H1 2013.
Global City Holdings profits up to EUR 13.9 mln
POLAND The net profit of Global City Holdings (formerly Cinema City International) for the first half of the year increased to EUR 13.9 mln from EUR 8.1 mln in H1 2013.
Investment & finance
Warimpex hotels hit by Russian-Ukrainian crisis
CEE REGION In H1 2014, Vienna-headquartered developer Warimpex has seen a EUR 10.8 mln loss y-o-y with a 7 pct y-o-y decrease in total revenues. The latter broke down into a 9 pct y-o-y drop in the company's hotels revenues dropping, a 33 pct y-o-y slide in the development & services revenues and a 19 pct y-o-y surge in the investment properties revenues.
Investment & finance
Revenue boost for P.A. Nova
POLAND Construction and development company P.A. Nova’s sales revenue increased by app. PLN 12 mln, from PLN 67 mln after the first six months in 2013 to almost PLN 79 mln in the January–June 2014 period.
Orco value plummets after disposals
CEE REGION Orco Property Group registered as loss of EUR 63 mln for the first half of the year, which the company attributes mostly to the loss of revenue and impairments due to the disposal of shares in its German residential subsidiary GSG Group and the site for its proposed Bubny retail development in Prague.
Echo profits grow by 40 pct
POLAND Echo Investment closed the first half of the year with a net profit of PLN 424.8 mln, which constitutes a growth of almost 40 pct on the same period in 2013.
Investment & finance
Mirbud increases revenue and issues bonds
POLAND In the first half of the financial year Mirbud group generated revenue of PLN 501.3 mln, representing an almost twofold growth on the PLN 267.5 mln registered in H1 2013.
Orbis sees growth in profits
POLAND The profit generated by Grupa Orbis in the first half of the year amounted to PLN 22 mln – an almost 20 pct increase on H1 2013.
Goldman Sachs doubles its stake in O1 Properties
RUSSIA Goldman Sachs International has bought another 6 pct of O1 Properties’ shares, thus increasing its stake in the Russian developer to 12 pct.
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
Construction begins on EUR 400 mln Munich Arena project
Construction has officially started on Munich Arena, a new live entertainment complex scheduled to open in 2029. The development, valued at more than ...
Strabag to Build 170-Metre Roma Tower in Warsaw
PORR wins PLN 539 mln contract for US air force base in Wrocław
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
Warsaw and Kraków strengthen their AI credentials
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
EMEA data centre capacity exceeds 12.1 GW as energy constraints slow growth
Power, Power, Power
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
NEPI Rockcastle expands solar capacity
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
Nowe Bielawy retail parks renew BREEAM Excellent ratings
Greenfield Băneasa Earns BREEAM Excellent Certification
Eurobuild Awards
Candidate and jury registration are still open for the Eurobuild Awards!
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
New venue and date for the Eurobuild Awards Gala!
All the winners of the EurobuildCEE Awards 2025!!
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
Franck Delage of S&P is the keynote speaker at Eurobuild Annual Conference!
The keynote speaker at Eurobuild’s 32nd Annual Polish Commercial Real Estate Conference will be one of Europe’s foremost real estate and capital marke ...
The 32nd Annual Polish Commercial Real Estate Conference is now on the horizon!
Statement by the CEO of Eurobuildcee sp. z o.o.
Events
Warsaw Spire commemorates Polish soldiers’ capture of Predappio
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not be ...
Panattoni celebrates 40 years of the company’s history
Will Poland dominate the AI market?
Exclusive
Uniqa opens up
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
Leading the renaissance of local investors
The man from NASA
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 Gdynia Centrum earns four-star rating
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
Wave Hotels launches in Poland
Green House Development launches pre-sales for final phase of Wave Świnoujście
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
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
Poland remains a leading investment destination in Europe
The European real estate market is awaiting a more sustained recovery, but Poland remains one of the region's most promising investment destinations. ...
Czech commercial property investment to reach EUR 3 bln in 2026
Ikonix partners with Avant to invest over CZK 1 bln annually in real estate
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
PIB Group consolidates Warsaw offices in WTT
International insurance brokerage group PIB Group has leased 1,300 sqm of office space at Warsaw Trade Tower (WTT), owned by Globalworth. The new head ...
Towarowa22 to Revitalise Historic Warsaw Pavilion
Krakowski Bank Spółdzielczy takes serviced space at DL Space Atrium
Property and Facility Management
CBRE takes over 11 Dekada retail properties
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
ISS takes over technical management of Axis in Kraków
Savills takes on TFI PZU retail portfolio
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Agrobex completes second stage of Nove Garby
Agrobex Deweloper has secured an occupancy permit for the second phase of its Nove Garby residential development in Garby, near Poznań. The completed ...
Re.Start Petynka now half sold
Matexi Completes Final Stage of Sady Żoliborz
Retail & leisure
Retail parks drive Poland’s retail market growth
Poland’s retail property market continues to see strong development activity. In Q3 2026, 128,000 sqm of new retail space was delivered, up 36.2 pct y ...
ShockPrice opens first store in Łódź region in Focus Mall
Xtreme Fitness expands in Galeria Mosty
Technology
CBRE moves into defence
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Drone Deliveries could reach shoppers in 15 minutes
Skanska implements digital access control system at Studio A
Warehouse & industrial
Polish warehouse market sees rising demand and falling vacancy
Poland's warehouse market ended the third quarter of 2026 with stronger occupier demand, increased development activity and declining availability of ...
