Investment & finance
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Investment & finance
BGK to provide majority of funding for Bałtyk
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
Okam eyes large land plot in Praga
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
Blackstone acquires CEE logistics portfolio
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.
Wikana exits commercial projects
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.
Mirbud wins two new contracts
POLAND Mirbud, the Polish construction company, will carry out two new projects worth a gross total of PLN 50 mln.
Investment & finance
Wilanów development gets EUR 61 mln funding
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
Sołowow selling off Echo Investment?
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
Octava buys office buildings, Arka for liquidation
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.
Capital Park plans PLN 200 mln buying spree
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.
Ghelamco finds buyer for three office buildings
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
Warimpex disposes of another luxury hotel in Prague
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
Polish developer to buy Browary Warszawskie?
POLAND One of the most interesting and largest investment plots in Warsaw’s Wola district will most probably soon be changing hands.
Middle Eastern investors to spend USD 145 bln in Europe
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
Vítek merges CPI into GSG
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.
ING agrees to EUR 93.6 mln financing package for CTP
CZECH REPUBLIC ING bank has agreed to a financing package worth EUR 93.6 mln to Brno-based industrial developer CTP.
Globalworth buys Bucharest plots
ROMANIA Investment company Globalworth Real Estate Investments has bought several plots with a combined area of app. 3 ha at the corner of Dimitrie Pompeiu boulevard and George Constantinescu street in Bucharest.
Baring Vostok buys Etalon shares
RUSSIA Moscow-based equity firm Baring Vostok has increased its stake in residential real estate developer Etalon Group to 16.39 pct.
Investment & finance
AFI Palace obtains EUR 220 mln refinancing
ROMANIA AFI Europe has received a EUR 220 mln loan for the refinancing of the AFI Palace Cotroceni shopping centre in Bucharest.
PIK pockets RUB 23.4 bln loan
RUSSIA Residential developer PIK Group has signed a loan agreement with VTB Capital to receive a one-year loan of RUB 23.4 bln (app. EUR 500 mln) with an extension option of five years.
Investment & finance
Robyg takes liking to Żoliborz
POLAND Robyg group has signed a contract for the purchase of the perpetual usufruct of a plot of almost 5,500 sqm on ul. Przasnyska in Warsaw’s Żoliborz district.
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 ...
