Investment & finance
RSSWikana 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.
Traffic Club moves towards buying Matras stake
POLAND The bookshop chain Matras has made the first step towards a change in ownership – a contract for the purchase of a minority stake in the company has just been signed between its current shareholders and an SPV company affiliated with the Traffic Club company.
Investment & finance
Dexa in Rzeszów changes hands
POLAND The Dexa construction and furnishing centre in Rzeszów has been bought by businessman Jarosław Karczewki, who had previously wanted to buy the Millenium Hall mall in the city in 2010.
Eurocash to invest in chains
POLAND Eurocash is to buy a controlling stake in the Inmedio chain of newsagents and is investing in the 1minute concept.
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
Mirbud wins PLN 168 mln contract for Warsaw sports hall
Mirbud has signed a contract with Warsaw University of Technology to build a sports and events hall next to the Syrenka Stadium in Warsaw. The design- ...
Budimex to build archive for Adam Mickiewicz University
Budimex to rebuild the I/43 Road
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
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
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
BRE launches BREEAM Refurbishment and Fit Out V7
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7) ...
Ocean Winds starts BC-Wind service base in Władysławowo
Signum Work Station earns WELL Health-Safety Rating
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
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
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
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
Skanska to sell second stage of H2Offices in Budapest to ERSTE fund
Skanska has agreed to sell the second stage of its H₂Offices complex in Budapest to the ERSTE Open-Ended Real Estate Investment Fund, represented by E ...
AYA Properties Fund and Curtis Group acquire Chmielna 13A
Hillwood sells four logistics properties for EUR 150 mln
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
Prime space comes harder to find
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the ...
BNP Paribas expands in Avatar
Full façade closure for second stage of H2Offices
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
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
Nova Wola Park receives occupancy permit
The first stage of Nova Wola Park in Nowa Wola near Warsaw has received its occupancy permit. CK Development has started handing over apartments and k ...
Sandberg Capital enters Prague residential market
Archicom signs PLN 87 mln contract for Poznań housing project
Retail & leisure
Primark to open first store in Podlaskie
Primark is preparing to open a store in G City Biała in Białystok. The nearly 3,500 sqm store will be the retailer’s first in the Podlaskie region.
HDREY opens first Katowice store
Two-thirds of CEE retail stock is over 15 years old
Technology
Logicor brings smart metering to Polish portfolio
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Singu takes over QRmaint
Łukasiewicz Research Network opens technology laboratory
Warehouse & industrial
Hippocampus signs for 16,700 sqm at CTPark Solingen
CTP has signed a lease with third-party logistics (3PL) provider Hippocampus GmbH for around 16,700 sqm at CTPark Solingen in Germany. The deal covers ...
