Investment & finance
RSSRedan pays off its debts
POLAND In accordance with the debt restructuring agreement agreed with its creditors, Redan has issued 57,422 three-month D-series bonds with a value of just over PLN 5.74 mln to bondholders in exchange for their A-series bonds worth over PLN 5.5 mln.
Euromark faces liquidation
POLAND A court of Warsaw has granted the petition of Bank Millennium for the bankruptcy and liquidation of Euromark Polska and has appointed administrators.
Rank Progress builds shopping centre in Wejherowo
POLAND Rank Progress together with a partner has won a public tender to buy a 22,500 sqm plot of land in the centre bordered by ul. Sienkiewicza, ul. Wałowa, ul. Srebrny Potok, and ul. Św. Jana for PLN 7 mln net.
SOFAZ buys Gallery Actor
RUSSIA The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has purchased the Gallery Actor mixed-use office and retail complex at 16 Tverskaya ulitsa in Moscow for USD 133 mln.
Investment volumes at EUR 7.4 bln for 2012
CEE REGION Investment volumes for the CEE region in 2012 reached EUR 7.4 bln, according to figures from CBRE, representing a 35 pct decrease y-o-y.
Immofinanz sells Prague office building
CZECH REPUBLIC Immofinanz Group has sold the BB Centrum Building ‘C’ in Prague to the VIG fund for an undisclosed price.
LPP sees revenue rise
POLAND LPP, the owner of clothing brands Reserved, House, Mohito and Cropp Town has recorded sales revenue for 2012 of PLN 3.2 bln, a 29 pct increase on 2011.
Two health centres in local council hands
POLAND The health centres in Świnoujście and Kołobrzeg have been taken over by local government authorities using a new government regulation allowing for the transfer of ownership of those centres excluded from the recent privatisation process.
Another mall declared insolvent
ROMANIA The Grand Arena Mall in Bucharest has been declared insolvent after three construction companies (Arcon Constructions, Climatehnic and CZ & C) petitioned the courts for repayment of debts, according to local media.
Blackstone buys restaurant building in Kłodzko
POLAND Blackstone, the owner of the Galeria Twierdza shopping centre in Kłodzko, has bought the freestanding Broaster Chicken restaurant building, which has recently been built adjacent to the mall, for EUR 1.3 mln from Rank Progress.
Polnord acquires plot from Dolcan
POLAND Polnord has bought a land plot from developer Dolcan on ul. Powstańców in Ząbki just outside Warsaw.
BOŚ bank takes over Feniks
POLAND The Bank Ochrony Środowiska Group has leased the entire Feniks office building in Warsaw.
Makrum sells land in Szczecin
POLAND Makrum has sold the perpetual usufruct of two plots on ul. Gdańska within the seaport in Szczecin.
Redan signs debt repayment deal
POLAND Redan has concluded an agreement with its banks and its bond holders. Within the next three months its management board is to present a long term business plan which is to include a repayment schedule of its total debt.
Polimex-Mostostal agrees with creditors
POLAND Polimex-Mostostal has concluded a restructuring agreement with its creditors, due to which it should receive additional financing from the Industrial Development Agency by the end of January 2013.
Unibep announces Q3 results for 2012
POLAND the Unibep capital group has recorded a 27 pct increase in its net profit for Q3 2012 compared to the same period of the previous year.
Immofinanz releases results
EUROPE Immofinanz Group has recorded a 15.1 pct increase in its revenues from lease for the first half of the 2012/2013 financial year up from EUR 283.7 mln in the same period of the previous year to EUR 326.7 mln.
W.P. Carey invests in Agrokor
CROATIA W.P. Carey has acquired a portfolio of eight retail stores through its publicly- held REIT affiliate CPA®:17 – Global.
Date set for CPI/Ablon denouement
HUNGARY/CZECH REPUBLIC Shareholders have until April 3rd 2013 to accept an offer by CPI to buy the entire share capital of Ablon Group.
Plaza Centers hit by depreciating assets
WORLD Shopping centre developer Plaza Centers has reported a loss of EUR 85.9 mln for 2012.
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
Poland more at risk to climate change
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
Eurobuild celebrates its 300th issue!
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
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
Ziv Zviel of Atlas Estates
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
Not just for the rich
Demand for PBSA continues to accelerate
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
Leonardo expands in JM Tower
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Self service in Opole
Mercure comes to Transylvania
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Tender awarded for CPK rail changes
The Central Communication Port (CPK) has awarded a tender for track layout changes in the Retkinia area of Łódź to Multiconsult Polska, who bid PLN ...
Most of the land now acquired for CPK
Tunnel to be built under Baltic
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
AFI buys out Echo's share of Office House
AFI and Echo Investment, the developers of the Towarowa22 project, have signed a deal under which AFI becomes the sole owner of the Office House offic ...
Dom Dochodowy sold
BNP Paribas lends Panattoni EUR 20.2 mln
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
Astellas comes to the Bridge
Astellas Pharma Global Capability Centre has joined the tenants of The Bridge in Warsaw. The international pharmaceutical company will occupy two floo ...
Rockwool grows bigger in Nowy Rynek
More drugs in Aeropark
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Work begins on Awangarda Mogilska
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
More Resi4Rent apartments in Kraków
Massive PRS portfolio purchase by Vantage
Retail & leisure
Agora Mall Arad reopens
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Ławica Shopping Park opens in Poznań
Retail park to come to Konstantynów Łódzki
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
Siemens Energy comes to Mülheim
CTP has signed a lease agreement with Siemens Energy Global for the development of 20,000 sqm in CTPark Mülheim in North Rhine-Westphalia.
