Newport Logistics Fund II, a fund investing in development of warehouses in Europe, was established in Luxembourg as an investment company. Second fund is looking to raise 100 mln EUR for further investments in Western Europe.
Belgian investor Mitiska REIM has acquired the 67,000 sqm gla Europa Centralna shopping complex in Gliwice from Sierra Balmain for an undisclosed sum.
Moje Miejsce II, the second office building of Echo Investment’s multifunctional project in Warsaw, has been acquired by Czech investor Trigea Real Estate Fund for EUR 45 mln.
The Echo-Archicom Group closes the year 2022 with a strong cash position and further reduced net debt of the company. This is the result of sale of seven office buildings worth nearly EUR 320 mln.
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.
Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.
The value of MLP group’s investment properties rose 31 pct, to more than PLN 4.4 bln (EUR 945 mln). Consolidated revenue improved 39 pct y-o-y, to PLN 279.1 mln (EUR 59.5 mln), driven by an increase in leased area combined with higher rental rates. Last year, MLP group earned PLN 422.4 mln (EUR 90.1 mln) in net profit.
Kajima Europe together with Griffin Capital Partners acquired a 70 pct stake in Hymon, a photovoltaic installation company. This is the second joint initiative by these partners in Poland's renewable energy market, having taken a majority stake in Pad RES, a developer in Poland's clean energy asset space, in 2021.
Hungarian asset manager Appeninn Holding has acquired the four-building Wiśniowy Business Park in Warsaw from Cromwell Property Partners for an undisclosed sum.
Newport Logistics Fund, which invests in warehouse properties in Europe, has raised EUR 50 mln for its first fund. Currently, work is underway to launch a second fund worth EUR 100 mln.
United Benefits Holding (UBH) of Austria has entered the Polish market with the acquisition of Wrocław's Silver Forum office building in an off-market deal. The company, which has so far operated mainly on the German-speaking market, is now planning further expansion in Poland.
Geopolitics remains centre stage, inflation is set to remain a major issue, green and efficient buildings continue to be in focus, and office demand is recovering – these are some of the 10 top predictions for the CEE-6 in 2023 just revealed by Colliers.
Vienna,-based United Benefits Holding has entered the Polish market with the acquisition of the Silver Forum office building in Wroclaw. In an exclusive interview, Michael Klement, the CEO of the company, tells ‘Eurobuild’ about the company's plans for Poland and discusses the state of the investment market during the present crisis.
CPD has completed the sale of two properties in Warsaw for a combined PLN 31 mln – the Solar office building in the city’s Służewiec business district and a tenement building with offices on ul. Koszykowa in the city centre.
The REICO ČS Nemovitostní (RČSN) fund has sold the Office Box office building in Bratislava to Slovak telecoms service company Movys for an undisclosed sum.
According to the experts from Cushman & Wakefield, the interest of international companies to locate their headquarters in Brno has gradually cooled. Decision-making processes have slowed down, attitudes are reserved and willingness to make long-term commitments is low.
White Stone has sold the Celebro office building in Warsaw for an undisclosed sum to a Lithuanian newcomer to the Polish market – Eika Asset Management, on behalf of the Eika Real Estate Fund.
Volvo Cars has announced plans to open its first Tech Hub in Poland - the software development centre in Kraków is to play a key role in the company's strategy to become an all-electric brand and a leader in new technologies by 2030.
Nepi Rockcastle has reported a record net operating income of EUR 405 mln in its 2022 full-year results - up 17 pct from 2021 and driven by strong tenant turnover and base rental growth. This performance was achieved against a challenging economic background, marked by high inflation, rising interest rates and the energy crisis triggered by the war in Ukraine.
Markets are expected to remain subdued in H1 2023 due to the negative sentiment in the economy, the significantly higher financing costs and the subsequent pricing correction that is currently playing out in both CEE and many other global markets, reveals a report by Colliers: CEE Investment Scene 2022/2023.
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 ...
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
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.
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
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.
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
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 ...
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Strabag has been commissioned to erect 23 GE Vernova wind turbines, each with a capacity of 6.1 MW by PPC Renewables Romania. The 140 MW wind farm Del ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Poznań-based Scallier has sold a commercial property in Nowa Wieś near Pruszków within the Warsaw urban area to Centerscape.
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 ...
Grant Thornton, a global auditing and advisory firm, has joined the tenants in The Bridge – Ghelamco's newest Warsaw development. The company will occ ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
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 ...
P3 has extended its long-term lease for nearly 34,000 sqm of warehouse and office space with Hopi in its P3 Mszczonów park. Hopi is involved in wareh ...