POLAND A buyer has finally been found for the Altus building in Katowice: Izera, which has bought the property for PLN 185 mln after three public auctions.
POLAND Mostostal Warszawa has borrowed EUR 9 mln (app. PLN 38 mln) from Acciona Infraestructuras.
WORLD Australian construction group UGL has today officially announced its plans for a demerger with DTZ. Both companies are to be listed on the Australian Securities Exchange (ASX), with UGL to revert to focusing on construction and engineering and DTZ to concentrate on property services.
CZECH REPUBLIC Residential developer and investor Central Group has today officially offered to buy Tančící dům (the Dancing Building or ‘Fred and Ginger’) in Prague for CZK 250 mln (app. EUR 9.65 mln).
EUROPE Berlin Hyp generated EUR 51.2 mln before tax and profit transfer in the first half, lower than the result for H1 2012 when the company made EUR 57 mln.
EUROPE The creditors of IVG Immobilien have put forward a restructuring plan for the company, which among other measures includes a simplified capital reduction down to 0.5 pct of the share capital of the company as well as a debt-to-equity swap (after which the creditors will hold 80 pct of the company's share capital).
POLAND/CZECH REPUBLIC Czech private equity group Penta Investments is to takeover Polish pharmacy chain Mediq Apteka.
POLAND Inpro has signed a contract with Bank Gospodarki Żywnościowej for a bond issue.
CZECH REPUBLIC The Dancing Building (Tančící dům) in Prague 2 – also known as “Fred and Ginger – is being put up for sale, according to the E15 website.
WORLD Blackstone Group is to sell Hilton Worldwide, a source close to the deal has confirmed. and has hired four banks (Deutsche Bank, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley) to act as underwriters in the flotation of Hilton Worldwide.
RUSSIA Mirland together with its wholly-owned subsidiary Investicionno-Ipotechnaya Kompaniya (IIK) have signed a non-revolving USD 95 mln refinancing loan agreement with SberBank of Russia.
POLAND Four tenderers, including Ghelamco GP1 BETA S.K.A., have submitted preliminary offers to buy Przedsiębiorstwo Komunikacji Samochodowej Polonus, which owns the area of the Dworzec Zachodni station in Warsaw.
RUSSIA The building of the Tanais hotel in Rostov-on-Don, which formerly housed the Radisson SAS Hotel Don, is to be sold at auction.
RUSSIA Hals Development, a subsidiary of VTB Bank, intends to sell the Danilovsky Fort business centre in Moscow.
EUROPE The European Commission has approved US asset manager Blackstone Group’s acquisition of sole control over Dutch shopping centre developer Multi Corporation.
SLOVAKIA HB Reavis has finalised the sale of the Aupark Žilina shopping centre in Žilina to South African-based New Europe Property Investments (NEPI).
RUSSIA In H1 2013 investment reached USD 3.8 bln – a new record for this period of the year, according to the latest data from CBRE.
EUROPE Immofinanz Group has announced that its results from operations for the 2012/13 financial year (May 2012–April 2013) totalled EUR 542.1 mln, representing a 15.3 pct increase of EUR 71.9 mln.
POLAND Portico Investments has acquired a retail facility in Nowy Dwór Mazowiecki in Warsaw’s northern outskirts.
RUSSIA Renova Group, owned by Ukrainian-born Russian oligarch Viktor Vekselberg, is planning to become the sole owner of large logistic developer Mezhdunarodnoye Logisticheskoye Partnerstvo (MLP) [Международное логистическое партнерство], according to ‘Kommersant’.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the ...