Investment & finance
RSSLakeview to change hands?
ROMANIA AIG/Lincoln and Dinu Paticiu Global Properties are reportedly finalising negotiations for the sale of the Lakeview office building in Bucharest to New Europe Property Investments for EUR 70 mln, reports Ziarul Financiar.
Strong results for Warimpex
EUROPE Warimpex Finanz- und Beteiligungs has reported a 13 pct increase in sales revenues to EUR 73.6 mln for 2012.
Historic office sale in Riga
LATVIA Real estate fund BPT Secura has sold a historic office building on Kaļķu iela in Riga to SIA Key 15, a subsidiary of Italian-owned Baltic RE Group.
WDP raises EUR 50 mln through bond issue
EUROPE WDP has issued seven-year bonds worth EUR 50 mln.
European Commission suspends road payments
POLAND The European Commission has temporarily suspended payments of EU road subsidies for projects commissioned by the General Directorate of National Roads and Motorways (GDDKiA).
O1 to sell Olimpia?
RUSSIA O1 Properties is considering the sale of the Olimpia Park office complex to its largest tenant, IT company Kaspersky Labs, according to ‘Vedomosti’.
Kaufland buys from P.A. Nova
POLAND Gliwice-based P.A. Nova has sold retail complex to Kaufland Polska Markety for over PLN 23 mln.
Strong results for Ghelamco
POLAND In 2012 Ghelamco Poland leased a record 75,000 sqm, the highest ever amount in the 22-year history of the company.
FairPlay turns loss to profit
BULGARIA FairPlay Properties made an unconsolidated profit in 2012 of BGN 1.68 mln (app. EUR 859,000.) after making a loss in 2011 of BGN 2.02 mln.
Record results for Home Broker
POLAND Despite the crisis on the residential market, real estate agency Home Broker has considerably improved its sales results. In 2012 Home Broker negotiated the sales of 10,564 apartments, 19 pct more than in 2011.
Museum contract signed
ESTONIA Fund Ehitus has signed a EUR 47 mln contract with the Estonian government to build the National Museum in Tartu.
Colliers predicts stable market
POLAND A total of 900,000 sqm of office space in Poland will be leased over 2013, according to predictions from Colliers International.
Polimex-Mostostal secures financing
POLAND Polimex-Mostostal has signed an agreement with its creditors to reduce its fixed costs by a minimum of PLN 300 mln by 2015.
Revenue boost for Redan
POLAND Grupa Kapitałowa Redan generated consolidated sales revenue of PLN 437.1 mln for 2012, representing a 15 pct increase on 2011.
PPG revises financial forecast upwards
POLAND Platinum Properties Group (PPG) has revised its estimated net profit for 2012 to PLN 13 mln – up on the PLN 12 mln that it predicted earlier. The developer now estimates its turnover at PLN 44 mln, compared to its previous forecast of PLN 30 mln.
Robyg secures Warsaw estate finance
POLAND Grupa Robyg has borrowed PLN 15 mln from Millennium bank to finance a residential project on al. Rzeczypospolitej in Warsaw’s Wilanów district.
Haapsalu fined for tender irregularities
ESTONIA The town of Haapsalu is to lose EUR 100,000 in grants from Enterprise Estonia due to irregularities in the tender procedure for the general contractor of the town’s cultural centre.
Strong online sales growth
CZECH REPUBLIC Internet sales reached CZK 43 bln (EUR 1.68 bln) in the Czech Republic in 2012, which is the equivalent of 46 shopping centres, according to Cushman & Wakefield.
EIB invests EUR 250 mln in Croatia
CROATIA The European Investment Bank is to lend EUR 250 mln to the Croatian Bank for Reconstruction and Development (HBOR) to finance a number of projects throughout the country, including infrastructure projects supported by local authorities and tourism schemes.
JLL to sell Sheraton Kraków and Hilton Sofia
POLAND/BULGARIA Jones Lang LaSalle Hotels & Hospitality Group has been appointed as the exclusive agent for the sale of the freehold interests of the Sheraton Kraków and Hilton Sofia hotels.
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 ...
