Investment & finance
RSSPwC predicts RevPAR growth in Russia and Prague
RUSSIA/CZECH REPUBLIC RevPAR in Moscow is to reach RUB 4,052 by the end of 2013, representing an increase of 2.8 pct, according to PricewaterhouseCoopers. Tourist traffic is expected to double to 10 mln by 2020.
Feniks for sale
POLAND Colliers International has been exclusively instructed to market the Feniks office building in central Warsaw for sale by developer Europlan and co-investor Griffin Real Estate.
CEE investment reaches EUR 7.4 bln
CEE REGION Overall investment volume for 2012 was around 35 pct lower than for 2011, falling to EUR 7.4 bln, according to figures from CBRE.
AFI takes control of Ozerkovskaya
RUSSIA AFI Development has announced that it is to buy the remaining 50 pct stake in Krown Investments, which is developing the Ozerkovskaya project, from its joint venture partner, Super Passion Limited, for USD 230 mln.
Weakest ever H2 volumes
CZECH REPUBLIC In 2012, EUR 609 mln was transacted on the Czech investment market, down by 71 pct y-o-y – according to figures just published by CBRE.
King’s Street buys Galeria Leszno
POLAND King’s Street Retail, Blackstone’s retail platform in Poland, has acquired Galeria Leszno from EnergoUtech 1 for an undisclosed sum.
Romanian sales up, Polish sales down
WORLD Carrefour has announced disappointing sales in Europe (excluding France) for 2012 with a drop of 2.5 pct to EUR 23.6 bln on the previous year and a fall 2.4 pct in Q4 on the same period of 2011 to EUR 6.3 bln.
Investment still strongest for Poles for Russians
RUSSIA/POLAND Transaction volumes on the Russian real estate market last year totalled USD 8.6 bln – up by 1.3 pct on 2011, according to Jones Lang LaSalle.
Robyg sells bonds to buy bonds
POLAND The Robyg group has completed a bond issue worth PLN 50 mln. The company issued 100,000 series ‘H’ unsecured bonds as well as 400,000 series ‘G’ secured bonds.
AFI obtains financing for Ploieşti mall
ROMANIA Raiffeisen Bank International is to provide financing of over EUR 30 mln to AFI Europe for the development of the AFI Palace Ploieşti shopping centre in Ploieşti.
Helaba provides EUR 59 mln for Warta Tower
POLAND German bank Helaba is providing EUR 59 mln in financing to Chmielna Inwestycje (part of the Kulczyk Real Estate Holding group) for the Warta Tower building in central Warsaw.
Ticket sales up for Cinema City
CEE REGION Cinema City International has announced that it sold a total of 36.3 mln tickets in all its countries of operation in 2012, up by 2.5 pct on the 35.5 mln sold in the previous year.
EU provides EUR 13.92 mln for Ploieşti flyover
ROMANIA The EU’s Regional Operational Programme 2007–2013, managed by the Ministry of Regional Development and Public Administration, is to provide EUR 13.92 mln in financing for a flyover in Ploieşti.
Riga airport plots up for auction
LATVIA Riga city council is auctioning 22 plots with a combined area of just over 40 ha next to Riga International Airport.
Bank pays Polnord for claims against Warsaw
POLAND Polnord has received PLN 10 mln from Polski Bank Przedsiębiorczości. It is the second tranche of a payment totalling PLN 25 mln for its claims against the city of Warsaw that it sold to the bank.
Technological parks in Kraków in Katowice to expand
POLAND The government has decided to extend Kraków Technology Park by more than 70 ha, which will increase its size up to 628 ha.
More details of PHN flotation
POLAND The government has announced that a 25 pct stake in Polski Holding Nieruchomości is to be floated on the Warsaw Stock Exchange in Q1 2013.
First Retail International prepares invest in Europe
EUROPE Mitiska Ventures has announced that it has raised EUR 41 mln for its First Retail International (FRI) fund.
Sobet declares bankruptcy
POLAND The NewConnect listed company Sobet, has filed for bankruptcy open to arrangements.
Ringwood takeover of PHN approved
POLAND The Office of Competition and Consumer Protection (UOKiK) has approved Ringwood Financial’s (a subsidiary of Grupa Radius) proposed takeover of Polski Holding Nieruchomości (PHN) ruling that the deal would not limit competition.
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
CPK arises
We invite you to join us on June 10th in Łódź at our conference entitled ‘CPK - A new era for Poland and the commercial real estate market’ where we s ...
Back to the Future Conference
Race to the top
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
Stena buys two High5ive buildings
Swedish real estate company Stena is to acquire two LEED Platinum-certified office buildings in the High5ive complex in Kraków.
Sale and leaseback for Cavatina Hall
Budapest Marriott sold
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 ...
