Investment & finance
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Investment & finance
IVG shielded from creditors
EUROPE IVG Immobilien’s application for creditor protection has been granted by a court in Bonn.
Griffin Group appeals against Tsarist barracks expropriation
POLAND Griffin Group has appealed against the ruling of the district court in Warsaw to remove the company’s perpetual usufruct right to site of the former Tsarist barracks on ul. 29 Listopada next to Łazienki Park.
Dragon increases shareholding in Henryland
UKRAINE Dragon Capital Investments has acquired East Capital’s 50.45 pct stake in Henryland Group’s for USD 13.77 mln.
Immofinanz to pay dividend
EUROPE Immofinanz Group is planning to pay a EUR 0.15 dividend per share despite a 59.1 drop in profits for the financial year 2012/2013.
Investment & finance
IVG seeks creditor protection
EUROPE German real estate investor IVG Immobilien is to apply to the district court in Bonn to open protective shield proceedings to allow the company to restructure itself through self-administration.
Most expensive industrial land in Warsaw
POLAND The average price for industrial investment land is currently around PLN 130–160 per sqm, according to a report by Axi Immo.
Investment & finance
TUP changes tack and becomes Alta
POLAND TUP has announced a new strategy to focus exclusively on the construction of Siewierz Jeziorna in Siewierz (Silesia) – a project to develop a sustainable town district.
Investment & finance
“Buyer found” for Fashion Arena Outlet Centre
CZECH REPUBLIC A buyer has been found for the Fashion Arena Outlet Centre in Prague, according to the ‘Hospodářské noviny’ newspaper.
Investment & finance
Sjælsø declared bankrupt
EUROPE Danish developer Sjælsø Gruppen has been declared bankrupt after efforts to restructure the heavily indebted company were terminated.
Investment & finance
LC Corp to buy RB Finance Expert
POLAND Warsaw Stock Exchange listed company LC Corp is to buy a 100 pct stake in RB Finance Expert from LC Corp BV of Amsterdam (the largest shareholder of LC Corp and controlled by Leszek Czarnecki).
Profits increasing for AFI
CEE REGION AFI Properties has registered an income for the first half of EUR 51 mln, up by 32 pct on the same period of 2012. Over the period the company’s operating income reached EUR 32.3 mln, up by 47 pct.
Mirland earning more
RUSSIA Mirland Development Corporation has recorded USD 23.8 mln in revenues in the first half of this year, which represents a 19 pct increase compared to USD 20 mln in H1 2012.
Pessimism but some positivity, says RICS
EUROPE Poland is one of the most attractive markets for investors, according to the Global Commercial Property Survey by the RICS, despite Polish market experts being more pessimistic than those in Germany.
UOKiK says thrice yes
POLAND UOKiK, the Office of Competition and Consumer Protection, has issued three decisions impacting on the real estate market.
Slide in land prices slows
POLAND Around 80–85 pct of Polish land acquisitions were for sites in Warsaw in H1, according to a report by Colliers International.
Profit growth for X5
RUSSIA Food retailer X5 Retail Group recorded app. USD 4.2 bln in net sales in the second quarter, representing a growth of 5.9 pct y-o-y.
Investment & finance
Twierdza Modlin sold... at last
POLAND A buyer has finally been found for Twierdza Modlin in the ninth auction of the 19th century fortress.
PIK Group buys land for residential complex
RUSSIA PIK Group has acquired 96.2 pct of the shares of the Tretii Taksomotorny Park [3-ий таксомоторныйпарк] taxi company, the owner of a 1,6 haplot located on Vavilov street in an upmarket district to the southwest of Moscow’s historic centre.
Investment & finance
Altus sold to Izera
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.
Mostostal Warszawa borrows PLN 38 mln
POLAND Mostostal Warszawa has borrowed EUR 9 mln (app. PLN 38 mln) from Acciona Infraestructuras.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
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
Poland more at risk to climate change
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 ...
Logicor creates a public park
B10 takes WiredScore Platinum
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
EurobuildCEE
Eurobuild celebrates its 300th issue!
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 ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
Events
Race'N'Raise supports rural children's education
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.
CPK arises
Back to the Future Conference
Exclusive
Building momentum for the future
The Bricomarché chain is celebrating its 25th anniversary in Poland. On this occasion, we speak with Katarzyna Jańczak-Stefanide, General Manager of t ...
Ziv Zviel of Atlas Estates
Not just for the rich
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
Romanian hotels grow
Occupancy rates increased by around 4 pct in the first six months of the year compared to the same period of 2024, according to a report by Cushman & ...
Leonardo expands in JM Tower
Self service in Opole
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Strabag constructs Deleni wind farm
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 ...
Tender awarded for CPK rail changes
Most of the land now acquired for CPK
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
Yanfeng warehouse sold to Clarion Partners
Sale and leaseback specialist Clarion Partners Europe has acquired a 47,000 sqm warehouse in Zatec, Czech Republic, for around EUR 50 mln on behalf of ...
Financing for Sosnowiec V
Scallier sells project to Centerscape
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
Skyliner II shootind up
The construction of the second phase of the Skyliner office complex in Warsaw, owned by the Karimpol Group, has reached the halfway point. At a height ...
Grant Thornton to move into the Bridge
Exact Sciences enters Lixa D
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Agora Mall Arad reopens
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Ławica Shopping Park opens in Poznań
Retail park to come to Konstantynów Łódzki
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
Industra Park Iași set to grow
Oresa Industra has been granted a building permit for a 15,000 sqm expansion of Industra Park Iași in Lețcani, with delivery scheduled for the first h ...
