Investment & finance
RSSOrco sells shares and fund stake
EUROPE Orco Property Group has sold its units in the office sub-fund of the Endurance Real Estate Fund to J&T Banka for EUR 8.7 mln.
ECM finally laid to rest
CZECH REPUBLIC The Prague municipal court has finally declared developer ECM Real Estate Investments bankrupt. On February 7th, Astin Capital Management, the main group of creditors, pulled out of the reorganisation plan it had originally favoured.
FRI buys stake in retail park portfolio
ROMANIA First Retail International (FRI), which is managed by Mitiska Ventures, has bought a 50 pct stake in the InterCora retail park portfolio from Alpha Property Development.
VTB lends RUB 2.7 bln to MR Group
RUSSIA VTB Bank has provided a RUB 2.7 bln (app. EUR 66.3 mln) three-year credit line for Business Park Savelovsky, a subsidiary of MR Group, to finance the first phase of Savelovsky City, a class ‘B’ mixed-use complex in Moscow.
EBRD finances Belgrade retail park
SERBIA The European Bank for Reconstruction and Development is to provide EUR 13.5 mln in financing for a 15,309 sqm retail park in Belgrade.
Horyniec health resort talks continue
POLAND After extending exclusive negotiations with potential investors for the Horyniec health resort in Horyniec-Zdrój – Specjalistyczny Gabinet Reumatologiczny Lekarz Medycyny Beata Bogusz-Dukacz and Przedsiębiorstwo Handlowo-Usługowe Dukat Witold Dukacz – the Polish government has now opened talks with another party, Eskulap G. Czarnecki of Rachanie.
BPT fund buys Sky
LATVIA In a sale and lease-back transaction, the BPT Baltic Opportunity fund has acquired its second asset, the Sky shopping centre in Riga’s Mežciems district.
TUP sells over 11 ha
POLAND TUP Property, a subsidiary of TUP, has signed a preliminary agreement to sell 11.2 ha in POLAND TUP Property (Mazowieckie) to Warsaw company Inter Cars.
PHN to be sold for PLN 22 per share
POLAND Subscriptions by private individuals have been concluded for shares in Polski Holding Nieruchomości, while the book building process for institutional investors has also closed.
Czerwona Torebka to acquire Merlin.pl
POLAND Czerwona Torebka has signed a letter of intent to purchase internet retailer Merlin.pl and is shortly to carry out due diligence and apply for regulatory approval from the Office of Competition and Consumer Protection (UOKiK).
P.A. Nova pulls out of Selgros property purchase
POLAND Gliwice-based developer P.A. Nova has cancelled its preliminary contract with Selgros to purchase of a property for PLN 30 mln after Selgros refused to amend the agreement.
Blue Tower Residence for sale
ROMANIA RVA Insolvency Specialists are to auction the uncompleted Blue Tower Residence on Strada Fabrica de Gheata in Bucharest on February 15th.
Arco Vara breaks ties with Nordecon
ESTONIA Tivoli Arendus, a company jointly owned by Arco Vara subsidiary Arco Investeeringute and International Invest Project, has cancelled its construction contract with Nordecon to develop an apartment building on Narva maantee in Tallinn.
More former military land up for sale
POLAND The Polish government has sold Fort Traugutta, a former military property built on a 2,300 sqm site on ul. Międzyparkowa in Warsaw, to a private individual for PLN 3.03 mln.
Imtech Polska investigated over Adventure Park Warsaw irregularities
POLAND The board of directors of Imtech Polska has been suspended pending an investigation by the mother company into possible irregularities regarding four contracts – including three signed with Adventure World Warsaw, a project for which Imtech was appointed general contractor.
Tower 115 receives EUR 44 mln
SLOVAKIA An investment loan of EUR 44 mln has been provided by Všeobecná Úverová Banka (the arranger) and Československá Obchodní Banka for the Tower 115 building in Bratislava.
Logicor acquires portfolio from Panattoni
POLAND Panattoni Europe has sold two portfolios of logistics assets located in Poland totalling 402,000 sqm to Logicor, a pan-European logistics platform established by the Blackstone Group.
O1 Properties buys White Square offices
RUSSIA O1 Properties has bought the White Square office building in Moscow for an undisclosed sum.
Echo issues bonds
POLAND Echo Investment has issued bonds with a total value of PLN 200 mln. The bond issue was part of the Bond Issue Programme of the 1st of September 2011 agreement which was signed with BRE Bank.
Good year for JLL
WORLD Jones Lang LaSalle has reported global revenues of USD 3.9 bln for 2012 up from USD 3.5 bln in 2011 and representing a 12 pct increase in local currencies.
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
LightOn with Outstanding design
LightOn – the latest office project being developed by CPI Property Group at ul. Prosta 69 in central Warsaw – has been awarded BREEAM design stage ce ...
Gold for Polona 68
Six buildings certified
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
The June issue of Eurobuild is now out!
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 ...
The May issue of EurobuildCEE is out now!
Time to read Eurobuild's spring issue!
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
Demand for PBSA continues to accelerate
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 ...
More than 15 minutes of fame
Capitalising on the landlord's market
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 hotel market continues to recover
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 ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Five new board members at JLL
Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.
A change of guard at Eurobuild
Changes at the helm of Dom Development
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
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
Arkady Wrocławskie sold
Develia has signed a sales agreement with Vastint Poland for the Arkady Wrocławskie mixed-use building for EUR 42.967 mln.
Stena buys two High5ive buildings
Sale and leaseback for Cavatina Hall
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
Equilibrium 2 awarded WiredScore Platinum certification
Skanska’s Equilibrium 2 building in Bucharest has been awarded the highest-level WiredScore certification for an operational building.
PZU stays in Konstruktorska
Office sizes growing
Property and Facility Management
Studio B under new management
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 ...
Cushman feels the Vibe
CBRE will rule in Skyliner II
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
Noli Studios Gdansk Old Town unveiled
Noli Studios is to open its latest project in the Tricity in July. The Czerwone Koszary barracks has been transformed into a PRS project with hotel se ...
Heimstaden starts apartment sales
EBRD supports Resi4Rent
Retail & leisure
M Park opens in Ropczyce
M Core subsidiary LCP Poland has officially opened M Park Ropczyce 35 km from Rzeszów.
Sixteen brands enter the market
Karuzela to grow
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
Work begins on Westside Szczecin Neo by LemonTree
LemonTree has launched Westside Szczecin Neo by LemonTree, its second project in Szczecin. The centre will provide 34,000 sqm of warehouse and office ...
