Investment & finance
RSSGTC sells off malls
ROMANIA Globe Trade Centre has entered into an agreement to sell three shopping centres in Buzău, Piatra Neamț and Suceava, which have been valued at between EUR 6-7 mln.
Robyg takes over land in Miasteczko Wilanów
POLAND Robyg subsidiary Robyg Osiedle Królewskie has concluded a preliminary contract with Carrefour Polska, to purchase of an app. 4 ha plot on Al. Rzeczypospolitej in Warsaw for PLN 29.9 mln net.
Poland sees fastest online sales growth
EUROPE Poland is to continue to see the fastest growth in online retailing in Europe having seen a 34 pct increase in the size of the sector last year, according to a report by Colliers International.
CBRE posts results
WORLD CBRE has reported its results for Q3 2012. Total revenue rose 1 pct to USD 1.56 bln compared to USD 1.53 bln in Q3 2011. Net income came in at USD 83.6 million, up by 8 pct on USD 77.7 million in Q3 2011.
Intercontinental Warsaw sold
POLAND UBM and Warimpex have signed a preliminary contract to sell the Intercontinental Warsaw Hotel to Deka Immobilien for EUR 103 mln.
GTC sells Platinium Park buildings
POLAND Globe Trade Centre has sold four office buildings to Allianz Real Estate in Platinium Business Park in Warsaw, the deal is to be finalised on October 31st.
WBK finances Makrum hotel in Chorzów
POLAND Bank Zachodni WBK has granted a loan of PLN 14.27 mln to Makrum subsidiary Immobile to develop a three-star Focus hotel in Chorzów.
Budimex profit down
POLAND After the first three quarters of the year Budimex recorded a net profit of PLN 76.6 mln, compared to PLN 194 mln in the same period of the previous year.
Dom Development posts Q3 results
POLAND In the third quarter Dom Development sold 361 apartments, down from 454 in the same period of 2011.
Domex looking to expand
POLAND Domex has applied for permission from the Office of Competition and Consumer Protection (UOKiK) to take over more than 40 Havo electronic stores.
Polimex-Mostostal signs conditional sale agreements
POLAND Polimex-Mostostal has signed conditional sale agreements for assets to the MARS investment fund – an entity managed and represented by the MS investment fund company, which is owned by the Industrial Development Agency (ARP).
Manufaktura sale to be finalised
POLAND On October 31st, Union Investment Real Estate is to finalise the acquisition of the 91,000 sqm Manufaktura shopping centre in Łódź for its Unilmmo: Deutschland open-ended fund.
Ecorse Investments takes over Eko Holding Group
POLAND Ecorse Investments, a company controlled by Advent International, has taken over Eko Holding Group by buying a 58.61 pct stake in the company.
Protea Development plans Łódź sales centre
POLAND Protea Development, a subsidiary of PBO Anioła, has concluded a preliminary agreement to purchase a 0.9 ha site in Łódź.
Italux invests in land at Okęcie
POLAND Italux, a manufacturer and importer of decorative lighting, has purchased a 1.6 ha plot on ul. Szyszkowa in Warsaw’s Okęcie area.
TK Development co-finances road renovation in Jelenia Góra
POLAND TK Development has signed an agreement with the town of Jelenia Góra to help finance the renovation of ul. Obrony Pokoju.
No arrangements for Metorex
POLAND A court in Toruń has dismissed an application for bankruptcy open to arrangements by PBG subsidiary Przedsiębiorstwo Inżynieryjne Metorex.
Biedronka releases Q3 results
POLAND The Biedronka retail chain, which belongs to the Jeronimo Martins group, has recorded EUR 7.954 bln in consolidated sales in Q3 this year, an increase of 8.7 pct. the company’s EBITDA increased by 5.2 pct, while its consolidated profit came to EUR 271.5 mln.
Portico takes on two retail properties
POLAND Portico Investments has acquired two retail properties in Zabrze and Czechowice-Dziedzice.
Rezidor sees improvement
WORLD Rezidor has released its Q3 results. Revenue was up by 8.3 pct to EUR 237.3 mln from EUR 219.4 mln in Q3 2011.
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 ...
