Investment & finance
RSSAmRest expands in CEE
EUROPE AmRest Group, which owns brands such as Pizza Hut, KFC, Starbucks and LaTagliatella, recorded a net profit of PLN 24.3 mln attributable to the shareholders of the parent company in Q3 2012, representing an improvement of app. PLN 1.8 mln compared to the same period of the previous year.
WDP sells Czech portfolio to CTP for EUR 25 mln
CZECH REPUBLIC Closed-end Belgian investment company Warehouses DePauw (WDP) has signed a binding agreement (subject to a number of conditions, including financing) for the sale of its 100 pct stake in Czech subsidiary WDP CZ.
Better financial results for LPP
POLAND LPP attributes its strong financial performance in Q3 to a 21 pct (67,000 sqm) increase in its retail area, an increase in sales for comparable stores and the popularity of its winter collection.
Rank Progress takes over Mielec project
POLAND Rank Progress has purchased from Kullar Gobi the Galeria Aviator shopping centre project in Mielec for an undisclosed sum.
Bridge builder diversifies into roads
RUSSIA Bridge constructor Mostotrest is to acquire a 50 pct stake in the North-West Concession Company (NWCC) for over RUB 7.7 bln (EUR 191.5 mln) through the purchase of 100 pct of the share capital of Plexy.
Negotiations begin for Horyniec health resort
POLAND The government has granted a potential investor a three-week exclusive negotiation period in its attempts to privatise the Horyniec health resort.
Deka Immobilien to buy IBC
POLAND Deka Immobilien Investment is to buy the International Business Center (IBC) at the junction of ul. Armii Ludowej and ul. Polna in Warsaw.
Ronson counts on better results in Q4
POLAND Ronson Europe has published its financial results for the first three quarters of 2012. Revenue increased to PLN 72.9 mln, up by 19 pct on the PLN 61.3 mln of the same period in the previous year.
P.A. Nova in the black
POLAND P.A. Nova has posted revenues of app. PLN 108 mln, a net profit of PLN 10.3 mln and an operating profit of PLN 10.8 mln for the first three quarters of the year.
Prologis predicts strong growth in Warehouse market
EUROPE European industrial real estate values declined 21.9 pct from the pre-crisis peak in 2007, and have subsequently only recovered by 1.3 pct on average, according to a report by Prologis.
China to finance motorways?
SERBIA The Serbian government is applying for a USD 1.8 bln loan from China’s Exim Bank to support a number of projects including three motorways (Belgrade to Ljig, Pojate to Preljina and Novi Sad to Ruma, Šabac and Loznica) as well as an upgrade to the Kostulac power plant.
Gant Development in the red
POLAND Gant Development has reported revenue of PLN 311.3 mln for the first nine months of the year, compared to PLN 198.9 mln for the same period of 2011.
More financing for Triumph Park
RUSSIA SberBank has granted MirLand subsidiary Petra 8 a credit line worth USD 47.5 mln to finance 70 pct of the second stage of its Triumph Park mixed-use residential development in St Petersburg.
Redan sees sales rise
POLAND Grupa Redan has reported a consolidated sales revenue of PLN 302.9 mln for the first nine months of the year, representing a 16 pct rise on the same period of the previous year.
Negotiations begin for Uzdrowisko Rabka
POLAND The government has started negotiations with Jan Wieczorkowski and the Thermaleo company, who have made a binding offer to purchase 91.06 pct of the shares in the Uzdrowisko Rabka health resort in Rabka-Zdrój.
PKP sells off properties
POLAND Between January and the end of September the Polish State Railways (PKP) has found buyers for 185 properties out of 725 which it put up for sale.
Prologis publishes Q3 results
CEE REGION Prologis has released its results for Q3 2013, during which the company leased 272,000 sqm – app. 10 pct more than in Q2.
Creditor seeks Polimex bankruptcy
POLAND Inwestycje Przemysłowe has filed for the bankruptcy of Polimex-Mostostal in a Warsaw court.
Europe still in the doldrums
EUROPE Economic activity in Europe contracted in Q3 2012, according to an RICS report. Russia experienced the strongest occupier and investment activity.
P3 cancels IPO
EUROPE PointPark Properties has cancelled its proposed IPO on the London Stock Exchange, a spokesman for the company has confirmed.
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 ...
