Investment & finance
RSSCzerwona Torebka share price set at PLN 7
POLAND Shopping arcade developer Czerwona Torebka is to offer 2.69 mln shares for PLN 7 each with 2.56 mln shares reserved for institutional investors and 122,700 shares for individuals.
CPI buys seven halls and two stores
CZECH REPUBLIC CPI Group has purchased seven warehouses in Prague and two Billa supermarkets in Tábor and České Budějovice for CZK 400 mln (app. EUR 16 mln).
Romstrade enters insolvency
ROMANIA Road constructor Romstrade has been declared insolvent by a Giurgiu court, according to local media.
Hotel tender in Siedlce
POLAND Agencja Rozwoju Miasta Siedlce (the Siedlce Development Agency) has announced a tender for the sale of a 0.46 ha plot on ul. Jana Pawła II in the town, on which a hotel with app. 150 beds could be built.
New bonds for old
CEE REGION Globe Trade Centre (GTC) has extended the maturity of more than EUR 21 mln of its existing bonds, which were due to mature in 2014, through the issue of new bonds in exchange for old.
Karolinka and Pogoria sale approved
POLAND The Office for Competition and Consumer Protection (UOKiK) has approved the purchase of the Karolinka shopping centre in Opole and the Pogoria shopping centre in Dąbrowa Górnicza by HEPP IV Management Company, a subsidiary of the Heitman European Property Partners IV fund.
Lofty u Scheiblera to go under the Hammer
POLAND The administrator of bankrupt MNE Investment has put up for sale apartments in the Lofty u Scheiblera project in Łódź.
East capital acquires Vilnius mall
LITHUANIA East Capital Baltic Property Fund II has acquired the Gedimino 9 shopping centre in Vilnius from Ektornet AB.
Marynarska Business Park sale finalised
POLAND The sale of the Marynarska Business Park in Warsaw has now been finalised, according to an announcement by PBB Deutsche Pfandbriefbank.
More time for Uzdrowisko Horyniec purchase talks
POLAND The Polish government has extended the exclusive negotiation period for the privatisation of the Uzdrowisko Horyniec health resort in Horyniec-Zdrój with potential investors Specjalistyczny Gabinet Reumatologiczny Lekarz Medycyny Beata Bogusz-Dukacz and Przedsiębiorstwo Handlowo-Usługowe Dukat Witold Dukacz.
Alterco alters agreement
POLAND Alterco, a company undergoing bankruptcy proceedings open to arrangements, has signed an annexe to its contract with Projekt Jankowo for the establishment of a closed investment fund.
IBC sold for EUR 148 mln
POLAND Deka Immobilien has acquired both buildings of the International Business Centre on al. Armii Ludowej in Warsaw for app. EUR 148 mln from the Accession Fund SICAV, which is managed by GLL Real Estate Partners.
RICS brings standards to Poland
POLAND The Royal Institution of Chartered Surveyors has introduced its ‘Global Standards of Professional Practice RICS – Agency and Intermediation’ professional code to the Polish market.
City Green Court sale goes through
CZECH REPUBLIC Skanska Property Czech Republic has finalised the sale of its newly completed City Green Court project in Prague 4 to Deka Immobilien Investment for EUR 53.7 mln. CBRE advised the seller for this transaction, which was agreed in May this year.
Sberbank gives PIK more breathing space
RUSSIA Residential real estate developer PIK Group has reached agreement with Sberbank, the group’s largest creditor, to extend its existing debt repayment schedule.
HB receives FBC I refinancing and reveals Warsaw station plans
SLOVAKIA/POLAND HB Reavis has been granted a EUR 29 mln loan by Slovenská Sporiteľňa bank to refinance the development of Forum Business Center I in Bratislava.
Auchan buys Real for EUR 1.1 bln
CEE REGION Groupe Auchan has signed a EUR 1.1 bln purchase agreement with German retailer Metro Group to buy the operational activities of the Real hypermarket chain in Poland, Romania, Russia and Ukraine.
Investor interested in PBG
POLAND A company from the construction industry that invests in the power industry could invest in PBG, claims Jerzy Wiśniewski, president of the supervisory board of PBG.
Mostostal Warszawa repairs road for PLN 33.7 mln
POLAND A 900m section of national road no. 81 in Wiślica has been renovated.
Passerinvest acquires Nove Butovice
CZECH REPUBLIC Real Estate Metronom has sold its Nove Butovice residential project in Prague 13 to Passerinvest.
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
Sale and leaseback for Cavatina Hall
Cavatina Holding has signed a sale and leaseback agreement with BPS Leasing for over EUR 22 mln for the Cavatina Hall, building A in Bielsko-Biała.
Budapest Marriott sold
City2 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 ...
