Investment & finance
RSSLoss for Plaza Centers
CEE REGION Plaza Centers recorded a loss in H1 2013 of EUR 81 mln, having made a loss of EUR 10 mln in H1 2012.
Poland heading for record investment volume
POLAND The annual investment transaction volume is likely to reach the highest level since 2006, according to the latest report from Savills.
Bulgarian McDonald’s changes hands
BULGARIA The Bulgarian franchise of restaurant chain McDonald’s has a new owner, according to Econ.bg.
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.
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
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 October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
Shopper Park Plus to enter Poland
Hungarian retail park operator Shopper Park Plus has officially announced it is to buy eight centres in Poland for around EUR 195 mln.
Two transactions by Prime Holdings
Domestic investors now dominate in Romania
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office Park
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
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Retail continues to grow
Despite ongoing geopolitical tensions and economic uncertainty, long-term retail growth is being fueled by urbanisation, tourism, and rapid technology ...
Another Smart Park to come to Wrocław
Explosive growth of retail space in Romania
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
Sanmar comes to Łódź
Sanmar has leased nearly 5,500 sqm of warehouse and office space in Panattoni's Logistics Łódź VI development.
