Investment & finance
RSSStrong results from Raven
RUSSIA Raven Russia has released its results for 2012. Net Operating income was up by 49 pct from USD 91.7 mln to USD 136.5 mln. The company’s underlying operating profit was up 63 pct from USD 68.9 mln to USD 112.1 mln.
PPF granted EUR 185 mln loan for ComCity
RUSSIA PPF Real Estate Russia, part of the PPF Group, and Sberbank have reached an agreement to provide PPF with a credit line worth EUR 185.84 mln for the financing of the construction and completion of the first phase of PPF‘s ComCity mixed-use development in Moscow.
KSP buys Holland Park offices
POLAND Kulczyk Silverstein Properties (KSP) has bought the Holland Park office building in central Warsaw for an undisclosed sum.
ABM Solid again subject to arrangements
POLAND Construction company ABM Solid has changed terms of its bankruptcy proceedings, which it entered in July 2012.
TUP sells Zakroczym plot
POLAND Inter Car has purchased an app. 11.2 ha site earmarked for warehouse development in Zakroczym near Modlin outside Warsaw.
Bank Pekao to finance Hevelia
POLAND Monday Palacza, a company set up by Monday Development and Unidevelopment, has concluded a PLN 35 mln loan agreement with Bank Pekao for the co-financing of the Hevelia estate, which is being built in Poznań’s Grunwald district.
Baltic markets set to grow
BALTIC STATES The real estate markets of the Baltic States are set to grow over the next two to three years, according to a report by Newsec.
CPI buys all of Copa Centrum Národní
CZECH REPUBLIC CPI Group has purchased the remaining 50 pct stake in the Copa Centrum Národní office and retail development in Prague from Swiss businessman Sebastian Pawlowski and is now the sole owner.
Polimex property goes to Mars
POLAND Polimex-Mostostal has sold the perpetual usufruct of a harbour property in Gdynia to the Industrial Development Agency’s Mars Finance 1 investment fund.
Polnord wades into water and sewage
POLAND Polnord has filed a lawsuit against Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji (MPWiK), the company that operates the water and sewage works in Warsaw.
Ronson reports higher profits
POLAND Ronson Development generated revenue of PLN 198.8 mln in 2012, an increase of 106 pct on the previous year.
Mostostal Zabrze suffers 2012 losses
POLAND Construction group Mostostal Zabrze suffered a net loss in 2012 of more than PLN 11.5 mln, after generating a profit of PLN 27.9 mln a year earlier, according to a report drawn up by the company. Its sales revenue reached PLN 661 mln, compared to PLN 732.7 mln a year earlier.
Office and warehousing up, but slower retail growth
POLAND The supply of office space in Warsaw increased by 270,000 sqm in 2012 and currently amounts to nearly 2.9 mln sqm, according to a report by DTZ. Another 650,000 sqm is under construction, which “will translate into a high level of supply in the next two years,” claim the authors of the report.
This is an ex-Swan
ROMANIA Swan Property, the developer of the Swan Office & Technology Park in Bucharest, has been declared insolvent.
Skanska buys Corso IIB project
CZECH REPUBLIC Karlín Group has sold the Corso IIB office project in Prague to Skanska Property Czech Republic, according to local media reports.
Good year for Echo
POLAND Echo Investment has reported its results for 2012. Its operating revenue amounted to PLN 583.6 mln, up on the PLN 406.9 mln it made in 2011.
Mixed last quarter for Prima Moda
POLAND Footwear chain Prima Moda has published its results for Q4 2012. Over the period the company restructured its sales division, closing down two stores.
Sfinks turning the corner
POLAND Sfinks Polska has reported its results for 2012. Net revenue for the restaurant chain came to PLN 170.9 mln, while registering an operating loss of PLN 2.6 mln (compared to a loss of PLN 9.9 mln in 2011).
Warimpex issues EUR 15.1 mln of bonds
POLAND Warimpex has issued bonds in Poland to the value of PLN 63.1 mln (app. EUR 15.1 mln), with each bond worth PLN 1,000 (app. EUR 250).
No complaints from Dom Development
POLAND Development company Dom Development has summed up 2012 as a difficult but successful year. The company sold 1,436 apartments over the year, nearly 300 fewer than in 2011.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Work progresses on Henryk Arctowski Antarctic Station
A significant stage in the assembly of the new main building of the Henryk Arctowski Antarctic Station has been completed.
Poland heading for a two-tier market
Poland underestimates Building site crime
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
Data centres
Poland to be the new data hub
During the presentation of the 'Driving the Economy: The Economic Impact of the Data Centre Sector in Poland' report, we took the opportunity to speak ...
Data centres to transform Polish economy
Data 4 starts in France with EUR 5 bln investment
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
Punkt goes Platinum
The Punkt office building in Gdańsk has been awarded LEED v4 Platinum certification. This is the first Torus Group development certified under this ve ...
Outstanding for Prologis
Silesia City Center now Excellent
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
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 ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
Let's play volleyball again
For the 15th time, the real estate industry will unite for a worthy cause and once again in support of the Ronald McDonald House Poland Foundation. Th ...
August 7th – mark the date
Investment given the green light
Exclusive
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
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
aHouse to build hotel in Grodzisk Mazowiecki
aHouse Development will deliver a new hotel on ul. Daleka in the centre of Grodzisk Mazowiecki, marking the company’s entry into the hospitality real ...
Swissôtel comes to Gdynia
Strong Warsaw hotel growth
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Green light for Port of Poland
The National Appeals Chamber (KIO) has dismissed the appeal lodged against the construction of foundations for the passenger terminal of the Port of P ...
Strabag wins EUR 255 mln contract
Hill International to work on Central Communication Port
Interior design
New food hall in Poznań
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 ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Patron and Trei sell six retail parks
Patron Capital, in partnership with Trei Real Estate, has announced the sale of six retail parks in Poland to a joint venture of Generali Investments ...
YIT partners again with One Family Office
Central Point sold to Lewandpol
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
Nasdaq enters Infinity
Newmark Polska acted as broker to Nasdaq – a global technology and market infrastructure company powering capital markets worldwide – in securing a le ...
Foundever expands in Campus 6.3
Hungary's office market returns
Property and Facility Management
JLL takes on Equal Business Park
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 ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Warszawa Wschodnia station to be modernised
Polish Railway Lines (PKP) has signed a contract with general contractor Torpol for the modernisation of Warszawa Wschodnia station (Warsaw East), wor ...
Gronów Elbląski station to be renovated
A new look for central Warsaw
Residential
StudentSpace to build second centre in Warsaw
StudentSpace, a student housing platform developed by SIGNAL, Griffin Capital Partners, and Echo Investment, has begun construction of its second Wars ...
Poland unprepared for ageing population
Quorum Tower reaches final height
Retail & leisure
Looking good and feeling good in Norblin Factory
The Norblin Factory is expanding its offerings for those seeking health, fitness, and beauty services. The latest tenant in the complex is KNOX – Pola ...
Wroclavia becomes Westfield
Enter the Zone
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Holcim builds in Bielawy
Holcim Polska has begun construction of an Aggregate Production Plant in Bielawy, on the premises of a limestone mine owned by the Kujawy Cement Plant ...
