RUSSIA Residential developer Etalon has approved a dividend policy whereby it will pay out in the form of dividends between 15 and 30 pct of its IFRS net profit adjusted for non-cash items if warranted.
POLAND Protea Development, a subsidiary of PBO Anioła, has concluded a preliminary agreement for the purchase of a plot in Warsaw.
RUSSIA Russian billionaire Roman Abramovich's investment company Millhouse has acquired the White Gardens class ‘A’ office centre in Moscow.
POLAND IVG Warschau Fonds, an investment fund managed by IVG Institutional Funds, has bought the Feniks office building on ul. Żelazna in Warsaw for app. EUR 39 mln.
POLAND UK investor First Property Group has bought a 19.7 pct stake in Blue Tower Plaza (also known as the Blue Skyscraper) on pl. Bankowy in Warsaw, for EUR 5.23 mln.
POLAND At the end of Q3 the market value of the income portfolio of Atrium Real Estate in Poland (which constitutes 50.3 pct of the income property portfolio of the company) came to EUR 1.2 bln.
CZECH REPULIC PPF has become the majority owner of the O2 Arena in Prague after acquiring KKCG’s 50 pct stake in Lindus Services Limited.
CEE REGION Israeli-owned CEE shopping centre developer Plaza Centers has announced that it will be unable to make an app. EUR 15 mln payment due to Polish bondholders on November 18th 2013 and an app. EUR 17 mln payment due to Israeli bondholders on December 31st 2013.
EUROPE The value of investment transactions on the commercial property market in Q3 2013 increased by 17.7 pct compared to the same period last year, according to research by Cushman & Wakefield.
POLAND For the third quarter the like-for-like EBITDA of the Orbis hotel group amounted to PLN 69.8 mln compared to PLN 60.9 mln in 2012.
HUNGARY US-owned manufacturer Emerson Process Management Magyarország has bought a 25,000 sqm industrial building on a 12 ha site in the Sóstó Industrial Park in Székesfehérvár (central Hungary).
CZECH REPUBLIC Cimex has bought the City West B1 office building from Finep in Stodůlky (Prague 13) for an undisclosed sum, in what Finep claims to be one of the largest transactions in the last three years
LATVIA Plaza Centers’ 50 pct Latvian subsidiary has obtained a EUR 59.3 mln refinancing loan for the Riga Plaza shopping centre.
POLAND Warsaw-based developer Marvipol sold 473 apartments over the first nine months of the year – almost 200 more than the 278 residential units it sold in the same period last year.
POLAND P.A. Nova has received the final building permit for the Galena shopping centre in Jaworzno.
POLAND Polish State Railways (PKP) has found a buyer for the office building that used to house Śląska Dyrekcja Okęgowa Kolei Państwowej Polskie Koleje Państwowe (The Silesian District Directorate for Polish State Railways).
RUSSIA AFI Development has signed a binding agreement to sell building ‘1’ of the Aquamarine III office complex in Moscow to a Russian state-controlled corporation.
ROMANIA An operating permit has been issued to set up the Tetapolis science and technology park in Cluj county, local media reports.
ROMANIA Alpha Bank subsidiary AGI-RRE Poseidon has purchased the Blue Tower Colentina residential block with 156 apartments in Bucharest for EUR 11.4 mln, local media reports.
EUROPE French mall owner and manager Klépierre has announced that it is in discussions to sell a portfolio of shopping centres to Carrefour.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
Panattoni has been awarded a Well ‘Gold’ certificate for the office section of a BTS project in Gliwice. This is the first such certificate awarded in ...
Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's ...
Enjoy the last set of recordings with comments straight from this year's MIPIM. This time, we asked experts from our home country for their input.
The latest issue of Eurobuild is now out – and, as always, it’s packed with timely analysis, expert forecasts, industry commentary... and a good dose ...
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
We’ve asked Susanna Graziano, the business development manager of ASK4, who is actively engaged in the evolving Polish PBSA and flex-living markets, t ...
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.
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 ...
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 ...
The hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
After a moderate start to the year, Q2 brought a revival to the investment market. However, total transaction volume remains below the 2020 average, a ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Sonar Real Estate has taken over the commercial management of three office buildings in Düsseldorf's Medienhafen district. The total combined leasable ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Commercialisation is underway for a retail park under development by Redkom Development in Białystok with around 14,000 sqm gla.
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
DeFelt, a company that specialises in the use of PET felt for acoustics and interior design, has joined the tenants of P3 Wrocław City with a lease of ...