Properties has sold 50 pct plus one share of JSC Bolshevik to Russian developer Tactics Group. JSC Bolshevik owns the 5.4 ha site of the former Bolshevik confectionery factory on Leningradksy Prospekt in Moscow.
POLAND J.W. Construction generated revenues of PLN 211.4 mln in the first three quarters of the year, as well as an operating profit of PLN 41.5 mln and a net profit of PLN 2.5 mln.
POLAND TriCity-based developer Inpro generated app. PLN 66 mln in consolidated revenue from January until the end of September, representing a 22 pct y-o-y rise.
POLAND In Q3 Grupa Erbud experienced a 15 pct y-o-y decline in revenue to PLN 262.4 mln.
POLAND Developer Robyg has recorded a revenue of app. PLN 319 mln for the first three quarters of 2012, a 263 pct rise on the same period of 2011.
CEE REGION Globe Trade Centre has announced that in Q3 its rental revenues increased 3 pct over the quarter to EUR 34 mln, while gross profit remained stable at EUR 24 mln.
CZECH REPUBLIC Orco Property Group has confirmed that Crestline Ventures Corp has transferred 12,056,281 of the company’s shareholding in OPG to Gamala Limited.
POLAND The EUR 210 mln sale of the Warsaw Financial Center (WFC) to a joint venture between Allianz Real Estate (with an 87.5 pct stake) and Curzon Capital Partners III, L.P. (CCP III) has now been finalised.
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has secured additional financing from European Regional Development Fund of over PLN 43.79 mln for the construction of Barłóg Kościelny ring road, which is part of national road no. 61.
RUSSIA Residential and commercial developer Mirland has posted its results for the first nine months of the year.
POLAND The Solar retail chain has registered a decrease in its net profit attributable to the shareholders of the parent company amounting to PLN 15.6 mln for the first three quarters of the year.
EUROPE AmRest Group, which owns brands such as Pizza Hut, KFC, Starbucks and LaTagliatella, recorded a net profit of PLN 24.3 mln attributable to the shareholders of the parent company in Q3 2012, representing an improvement of app. PLN 1.8 mln compared to the same period of the previous year.
CZECH REPUBLIC Closed-end Belgian investment company Warehouses DePauw (WDP) has signed a binding agreement (subject to a number of conditions, including financing) for the sale of its 100 pct stake in Czech subsidiary WDP CZ.
POLAND LPP attributes its strong financial performance in Q3 to a 21 pct (67,000 sqm) increase in its retail area, an increase in sales for comparable stores and the popularity of its winter collection.
POLAND Rank Progress has purchased from Kullar Gobi the Galeria Aviator shopping centre project in Mielec for an undisclosed sum.
RUSSIA Bridge constructor Mostotrest is to acquire a 50 pct stake in the North-West Concession Company (NWCC) for over RUB 7.7 bln (EUR 191.5 mln) through the purchase of 100 pct of the share capital of Plexy.
POLAND The government has granted a potential investor a three-week exclusive negotiation period in its attempts to privatise the Horyniec health resort.
POLAND Deka Immobilien Investment is to buy the International Business Center (IBC) at the junction of ul. Armii Ludowej and ul. Polna in Warsaw.
POLAND Ronson Europe has published its financial results for the first three quarters of 2012. Revenue increased to PLN 72.9 mln, up by 19 pct on the PLN 61.3 mln of the same period in the previous year.
POLAND P.A. Nova has posted revenues of app. PLN 108 mln, a net profit of PLN 10.3 mln and an operating profit of PLN 10.8 mln for the first three quarters of the year.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
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 ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agree ...
