Investment & finance
RSSMore money for solar panels
POLAND Due to the large number of applicants, the National Fund for Environmental Protection and Water Management has decided to increase state funding for solar panels by PLN 150 mln.
Polimex-Mostostal sells the family silver
POLAND In Q1 2013 Polimex-Mostostal is to receive PLN 219 mln from the sale of the company’s assets.
Cinema City releases Q3 results
CEE REGION In the Q3 2012, Cinema City generated revenues of EUR 74.9 mln (an increase of 8.0 pct y-o-y). EBITDA and net income increased by 33 pct and 10 pct, respectively.
Echo Investment releases Q3 results
POLAND Echo Investment has released its results for Q3 2012. Operating revenue increased by 45 pct compared to 2011 and came to PLN 159 mln.
Apollo to sell Warsaw warehouse/ office plot
POLAND Electronics distributor Apollo Electronics is looking to sell a plot of land ul. Municypalna in Warsaw, which has a building permit and an architectural design
EM&F to open 30 stores before year-end
POLAND EM&F group has recorded a revenue of PLN 759 mln for Q3, constituting a 9-pct y-o-y rise.
Vantage Development also to invest outside Wrocław
POLAND During the first three quarters of 2012 Vantage Development sold 63 apartments and four service premises, generating a profit of nearly PLN 4.5 mln.
Polimex-Mostostal sells Łódź factory
POLAND Polimex-Mostostal is to sell the ZREW transformer factory in Łódź to American private equity fund Highlander Partners for PLN 46.7 mln.
Rank Progress plans to start four new projects in 2013
POLAND Rank Progress has recorded a net profit of over PLN 36 mln for Q3 2012. At the end of the period the company’s total debt was down by 2 pct y-o-y and came to 47.7 pct, while the company’s short-term liabilities dropped by 66 pct from PLN 111.8 mln to PLN 38 mln.
Sweet deal for O1 and Tactics
Properties has sold 50 pct plus one share of JSC Bolshevik to Russian developer Tactics Group. JSC Bolshevik owns the 5.4 ha site of the former Bolshevik confectionery factory on Leningradksy Prospekt in Moscow.
J.W. Construction plans next projects
POLAND J.W. Construction generated revenues of PLN 211.4 mln in the first three quarters of the year, as well as an operating profit of PLN 41.5 mln and a net profit of PLN 2.5 mln.
Profits up for Inpro
POLAND TriCity-based developer Inpro generated app. PLN 66 mln in consolidated revenue from January until the end of September, representing a 22 pct y-o-y rise.
Erbud posts Q3 results
POLAND In Q3 Grupa Erbud experienced a 15 pct y-o-y decline in revenue to PLN 262.4 mln.
Robyg sees massive growth
POLAND Developer Robyg has recorded a revenue of app. PLN 319 mln for the first three quarters of 2012, a 263 pct rise on the same period of 2011.
Stable profits for GTC
CEE REGION Globe Trade Centre has announced that in Q3 its rental revenues increased 3 pct over the quarter to EUR 34 mln, while gross profit remained stable at EUR 24 mln.
Gamala takes more than a fifth of Orco
CZECH REPUBLIC Orco Property Group has confirmed that Crestline Ventures Corp has transferred 12,056,281 of the company’s shareholding in OPG to Gamala Limited.
Warsaw Financial Center sale goes through
POLAND The EUR 210 mln sale of the Warsaw Financial Center (WFC) to a joint venture between Allianz Real Estate (with an 87.5 pct stake) and Curzon Capital Partners III, L.P. (CCP III) has now been finalised.
More financing for Barłóg Kościelny ring road
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has secured additional financing from European Regional Development Fund of over PLN 43.79 mln for the construction of Barłóg Kościelny ring road, which is part of national road no. 61.
Solid results from Mirland
RUSSIA Residential and commercial developer Mirland has posted its results for the first nine months of the year.
Solar profits down
POLAND The Solar retail chain has registered a decrease in its net profit attributable to the shareholders of the parent company amounting to PLN 15.6 mln for the first three quarters of the year.
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 ...
