Investment & finance
RSSRomReal renegotiates loan
ROMANIA RomReal has extended it EUR 11.6 mln loan with Alpha Bank for a further three years until November 30th 2015 with the option to extend the loan on maturity for a further two years.
Uzdrowisko Wysowa in private hands
POLAND The Polish government has sold its 87.36 pct stake in Uzdrowisko Wysowa in Wysowa-Zdrój for PLN 8.76 mln.
Polnord buying, selling and de-investing
POLAND In the first three quarters of the year, Polnord completed 571 apartments, 144 of which were finished in Q3.The company estimates that the number of apartments to be handed over to buyers this year will be similar to the 912 in 2011.
PHN finds potential investor
POLAND Ringwood Financial, a subsidiary of Radius Projekt, is planning to take a controlling share of Polski Holding Nieruchomości (PHN) and has applied for approval for the purchase from the Office for Competition and Consumer Protection (UOKiK).
Köki Terminal bankrupt
HUNGARY R-CO, the developer and owner of the 59,000 sqm Köki Terminal shopping centre in Budapest, has been declared bankrupt.
Ideal Idea III plot purchased
POLAND Urban warehouse and office developer Ideal Idea has purchased a 4 ha site in Warsaw’s Włochy district for its Ideal Idea III project, which is already under construction. Cushman & Wakefield acted as advisor for the acquisition.
Ups and downs for Warimpex
EUROPE Warimpex has posted its financial results for the first three quarters of 2012.
Court rejects bankruptcy proposal concerning Alpine
POLAND A Warsaw court has thrown out a claim by Pekabex for the bankruptcy of Alpine Construction Polska.
GC Investment buys land in Zabrze
POLAND GC Investment has been granted a loan by Bank Spółdzielczy for over PLN 4.67 mln, which is to be used to purchase development plots in Zabrze.
Erbud takes over Engorem
POLAND Erbud has purchased 80 pct of the shares in Engorem, a company that specialises in comprehensive investment, renovation and diagnostic services for the energy sector.
KCI Park Technologiczny Krowodrza shares for sale
POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.
Czerwona Torebka starts public share offering
POLAND Czerwona Torebka, a Polish chain of shopping arcades, has published its share prospectus. A total of 16,341,666 new shares (25 pct of the company’s share capital) are to be issued.
Condohotel under Tatra mountains
POLAND Nosalowy Dwór that it will cost PLN 50 mln a condohotel in the existing Nosalowy Dwór Resort & Spa complex in Zakopane.
Tacit becomes holding company
POLAND Tacit Development Holding, comprising Tacit Development, Plac Katedralny and Jasnier has been established with PLN 117 mln in equity.
Marvipol to buy land for money from stock flotation
POLAND Marvipol has announced that subscriptions for I series non-voting shares are to start on the November 26th. Investors will be able to buy 7.4 mln non-voting shares with a value of PLN 85.5 mln.
BNP joins the Professionals
CZECH REPUBLIC BNP Paribas Real Estate has entered into a partnership with Czech property agents Professionals.
Former Staropramen brewery sold
CZECH REPUBLIC ING Real Estate Development has sold the Braník brewery located in Braník, Prague 4.
Budapest sold in Moscow
RUSSIA According to local media reports, the Budapest hotel in Moscow has been sold at auction to Novostroy+ [Новострой+] for RUB 1.036 bln (app. EUR 25.1 mln), through purchasing 100 pct of the share capital of the company owning the property.
VGP goes for growth
CZECH REPUBLIC In the third quarter, Czech warehouse developer VGP signed new annualised committed leases worth more than EUR 1.5 mln, of which EUR 1.2 mln related to new leasable space and EUR 0.3 mln to renewals of existing leases.
Hochtief takes over from Menolly in Powiśle
POLAND Hochtief Development Poland has finalised the purchase of land from the former Powiśle electricity plant in Warsaw from Irish developer Menolly.
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 ...
