Investment & finance
RSSJ.W. Construction enjoys sales growth
POLAND J.W. Construction Holding generated a consolidated net profit of PLN 11.4 mln in 2013, constituting an 18.8 pct y-o-y growth.
Redan turns things around
POLAND Retail group Redan generated a net profit of PLN 3.4 mln in 2013, after suffering a loss of PLN 27 mln in 2012.
Investment & finance
Insolvency plan agreed for IVG
EUROPE Creditors and shareholders of IVG Immobilien have approved an insolvency plan for the German real estate investor.
Erbud to issue bonds worth up to PLN 52 mln
POLAND Construction company Erbud plans to issue four-year unsecured bearer bonds with a total nominal value of up to PLN 52 mln.
Investment & finance
Praktiker Polska sold to Swiss investor
POLAND Swiss strategic Investor Papag AG has bought Praktiker Polska from its insolvent parent company Praktiker Group.
Investment & finance
Vítek removes Ott as Orco CEO
CEE REGION The CEO of Orco Property Group, Jean-François Ott, has been dismissed from his position – a move forced by largest shareholder Radovan Vítek.
IVG Private Funds “sold”
EUROPE IVG Immobilien has sold its IVG Private Funds Management business (worth EUR 3.4 bln) to another German fund, Deutsche Immobilien, according to press reports.
EUR 33 mln for Eiffel Square
HUNGARY Deutsche Pfandbriefbank has provided a EUR 33 mln loan to Europa Capital on behalf of Europa Fund II to refinance the 23,500 sqm Eiffel Square building in Budapest.
Invesco RE opens Warsaw office
POLAND Real estate management service company Invesco Real Estate has opened its second CEE office in Warsaw.
Arco Vara plans EUR 200,000 bond issue
ESTONIA Arco Vara has announced on the Tallinn Stock Exchange that it is to issue bonds worth EUR 200,000 to its existing shareholders.
J.W. Construction to fund projects with bond issue
POLAND J.W. Construction is to have a public issue of 40,554,960 bonds in order to finance a number of projects.
MLP asset value up by 36 pct
POLAND Millenium Logistic Parks recorded a 36 pct y-o-y increase in the value of its assets in 2013, up to PLN 508.9 mln.
Investment & finance
Galena construction begins in Jaworzno
POLAND Gliwice-based construction company P.A. Nova has started the construction of a shopping centre in Jaworzno.
Realia sells Wilanów plot
POLAND Spanish stock exchange-listed developer Realia has sold a 3.5 ha site in Warsaw’s Wilanów district to a large Polish developer.
Investment & finance
Deka sells Florenc Office Center for EUR 34 mln
CZECH REPUBLIC Deka Immobilien has sold the Florenc Office Center in Prague 7 to Czech property fund ZFP Investments investiční společnost for app. EUR 34 mln.
Investment & finance
Biedronka has eyes on MarcPol
POLAND Jerónimo Martins Polska, the owner of the Biedronka grocery chain, is planning to open app. 300 new stores this year, some of which are to be acquired from the MarcPol chain.
Plaza Centers still leaking money
CEE REGION Plaza Centers has announced its results for 2013 with a loss for the year of EUR 218 mln. Compared to a loss of EUR 86 mln for the previous year.
Heineken sells historic brewery
ROMANIA Heineken has announced the sale of the Griviţa brewery in Bucharest to a group of real estate investors, including Ionut Dumitrescu, the founder of Eurisko Consulting (a company acquired by CBRE in 2008 for over USD 35 mln).
MirLand increases profitability
RUSSIA MirLand Development Corporation has recorded revenues of USD 103.8 mln for 2013, representing a 147.1 pct increase on the USD 42 mln from the previous year.
Record profits for AFI
CEE REGION AFI Properties has registered a record profit of EUR 32 mln in 2013 as well as an 85 pct increase in its operating profit to EUR 96.5 mln and an 11 pct y-o-y increase in the company’s net operating income , which totalled EUR 73 mln in 2013.
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
Let's play volleyball again
For the 15th time, the real estate industry will unite for a worthy cause and once again in support of the Ronald McDonald House Poland Foundation. Th ...
August 7th – mark the date
Investment given the green light
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
Patron and Trei sell six retail parks
Patron Capital, in partnership with Trei Real Estate, has announced the sale of six retail parks in Poland to a joint venture of Generali Investments ...
YIT partners again with One Family Office
Central Point sold to Lewandpol
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
Nasdaq enters Infinity
Newmark Polska acted as broker to Nasdaq – a global technology and market infrastructure company powering capital markets worldwide – in securing a le ...
Foundever expands in Campus 6.3
Hungary's office market returns
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
StudentSpace to build second centre in Warsaw
StudentSpace, a student housing platform developed by SIGNAL, Griffin Capital Partners, and Echo Investment, has begun construction of its second Wars ...
Poland unprepared for ageing population
Quorum Tower reaches final height
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
Pepsico opens new centre near Wrocław
ID Logistics has expanded its partnership with PepsiCo by opening a new logistics facility in Tyniec Mały, near Wrocław. The existing two distribution ...
