Investment & finance
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Investment & finance
HB Reavis sells River Garden Office I
CZECH REPUBLIC HB Reavis Group has sold its River Garden Office I building in Prague’s Karlín business district to Prvý realitný fond (PRF) managed by Slovakian company IAD Investments.
Investment & finance
TechnoPark Pardubice goes under the hammer
CZECH REPUBLIC The Naxos auction house is selling Technopark Pardubice, with the lowest bid having been set at CZK 160 mln (app. EUR 5.7 mln).
Industrial investment in Europe hits seven-year high
EUROPE In H1 2014, investors have spent a total of EUR 8.7 bln on industrial properties across Europe, the best first half performance since 2007, a study by CBRE reveals. The figure represents a 25 pct increase versus H1 2013.
Investment & finance
Portland Trust buys plot to build more offices in Bucharest
ROMANIA Prague-based commercial developer Portland Trust has bought a 4 ha land plot in Bucharest from Nusco Group. Located in North Central part of the city, the plot will accommodate a "large office project."
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.
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 ...
