ESTONIA Eften Real Estate Fund and AS Esraven in a 50:50 joint venture have purchased the Hotel Palace on Vabaduse väljak (‘Freedom square’) in Tallinn from Scandic Hotels for an undisclosed price. Eften has announced that the building is to be fully renovated.
POLAND Real estate investment manager Valad has acquired the investment adviser and asset management teams of GE Capital Real Estate’s Polish Retail Fund for an undisclosed price.
POLAND fashion retailer Próchnik has bought the Rage Age clothing brand for PLN 18 mln. The transaction has been financed through the issue and acquisition of I series shares.
POLAND The court appointed administrator of Metro-Projekt has announced the former headquarters of Universal Foreign Trade Centre.
POLAND The LPP capital group has reported improved sales revenue for Q4 2012 amounting to PLN 962 mln. This represents a 22 pct increase on the previous year.
POLAND The commercial property market in Warsaw is one of the most attractive in Europe, according to the ‘Emerging Trends in Real Estate Europe 2013’ ranking drawn up by PwC and the Urban Land Institute.
POLAND Inter IKEA Centre Group Poland has released its results for 2012 and reported an increase in footfall at its retail parks and shopping centres, an increase in turnover of over 9 pct, nearly 50 newly signed leases as well as 150 lease extensions and the repositioning of two retail parks.
CEE REGION CPI has indicated that it is considering a possible takeover for Ablon at a price of GBP 0.225 per ordinary share in cash, valuing the company's entire issued share capital at GBP 30.8 mln (app. EUR 37.5 mln).
SLOVAKIA Penta has secured EUR 113 mln in refinancing for its Digital Park office project in Bratislava. The loan is to be used to refinance existing loans for the construction of Digital Park I and II and finance construction work on Digital Park III.
POLAND Helical Sośnica, an SPV company of Helical Poland established to develop the Europa Centralna retail centre, has demanded that BNP Paribas Bank Polska pay out PLN 25.9 mln from a guarantee it issued for the completion of the work on the centre to the general contractor, Polimex-Mostostal.
POLAND The Waryński group has signed an investment contract with Polnord and Dantex to develop two residential and office projects on ul. Jana Kazimerza in Warsaw’s Wola district by setting up joint venture companies with both firms.
POLAND Monnari Trade, the owner of the Monnari clothing brand, has sold a 1.6 ha plot on ul. Kilińskiego in Łódź to Centrum-Wasiak Sławomir for PLN 10.45 mln net.
ROMANIA New Europe Property Investments subsidiary NE Property Cooperatief has bought all the shares of BVB Real Estate from AIG/Lincoln Lakeview and also acquired the company’s outstanding debt from MKB Bank MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársas.
POLAND The Polish market accounted for over 70 pct (EUR 1.87 bln) of the total EUR 2.5 bln real investment in the CEE region in H2 2012, according to figures from Jones Lang LaSalle.
POLAND A fund managed by Griffin Group has acquired Philips House and Batory Office Building I, two modern office buildings in Warsaw, for around PLN 80 mln in a court bankruptcy public tender.
POLAND/RUSSIA Platinum Properties Group has raised PLN 7.5 mln from a public share issue on the Warsaw Stock Exchange
POLAND Echo Investment is selling three shopping centres in Radom, Tarnów and Piotrków Trybunalski.
EUROPE CA Immo made a loss of EUR 157.8 mln in 2012. This was still a better result than in 2011 when the company made a loss of EUR 177.9 mln.
ROMANIA Romanian developer Impact Developer & Contractor has released its results for 2012. It has declared a net loss of RON 38.79 mln (app. EUR 8.8 mln) for the period, which compares with a loss of RON 45.06 mln in the previous year.
POLAND Around 85 pct of land purchases by investors were for office and residential projects, with 10 pct for retail and 5 pct for industrial projects – according to Colliers International.
CBRE and 4CF have been selected as strategic advisors for the Airport City project, part of the Port Polska development programme. The two companies w ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The latest report by Colliers charts the expansion of airport capacity in the region and its impact on commercial real estate, particularly hotels, re ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
In the first quarter of 2026, the investment volume in the Polish commercial real estate market totalled more than EUR 1 biln. This was the best openi ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nowy Rynek C in Poznań, developed by Skanska Commercial Development Europe, is the first office building in Poland certified to be in compliance with ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
The Napollo Group has appointed Kalter as the general contractor for a residential project. In the first stage of the Mono estate, two buildings are t ...
LCP Poland, part of M Core has purchased land in Nowa Wola near Warsaw, where it is to launch its fifth retail park development project this year. MPa ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Italian food importer IF&B Mille Sapori has joined the tenants of MLP Pruszków II. The 4,100 sqm lease was brokered by Coldwell Banker Commercial. The ...