ROMANIA Oslo stock exchange listed property investor RomReal has revealed that it does not have enough funds for the principle repayment of an EUR 11.6 mln loan from Alpha Bank in Romania by its maturity date on November 30th.
CZECH REPUBLIC Radovan Vitek, the billionaire owner of CPI Group, has reportedly bought a fifth of the shares in Czech-based developer Orco on the Euronext Paris stock exchange.
POLAND/SLOVAKIA Slovakian ski resort developer Tatry Mountain Resorts (TMR) has listed on the main marker of the Warsaw Stock Exchange.
ROMANIA Eurosmart Investment, the developer of 50 luxury apartments on strada Strada Mihai Eminescu in Bucharest, has filed for bankruptcy and been declared insolvent by a Bucharest court, according to local media.
POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of a chain of 300 Avans electronic stores (including franchises) by OpenMedia, a company which belongs to Arkadiusz and Sławomir Tomal.
ROMANIA BCR plans to foreclose on Cocor and put the Cocor shopping centre in Bucharest up for auction on November the 16th for a starting price of RON 134.9 mln (app. EUR 30 mln).
POLAND PBO Anioła intends to cut costs by, among other measures, reducing management board pay by up to 30 pct.
EUROPE The AmRest group, which manages KFC, Pizza Hut and Burger King restaurants as well as the Starbucks cafe chain, posted sales of PLN 464.3 mln for Q3 for its Central European and Russian divisions.
RUSSIA New office completions in Moscow in Q3 came to 176,500 sqm, representing a 24 pct y-o-y increase, according to Jones Lang LaSalle.
POLAND Echo Investment has bought a 3.08 ha site on ul. Taśmowa in Warsaw’s Służewiec business district for PLN 60 mln from the Industrial Development Agency (Agencja Rozwoju Przemysłu).
POLAND The Warsaw district court has decided to prevent the seizure of Alterco’s assets and halt the seizure of the firm’s bank accounts.
POLAND The Polish state intends to sell a 25.09 pct stake in KCI Park Technologiczny Krowodrza.
EUROPE Offices are the most attractive asset class for European banks interested in property financing, according to a study by EC Harris.
SERBIA The European Bank for Reconstruction and Development is considering financing the development and construction of the first phase of a retail park in Zemun, Belgrade, with a net leasable area of 15,309 sqm.
POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the sale by CA Immo and Pramerica Real Estate Investors of the Warsaw Financial Center on ul. Emilii Plater in central Warsaw to a consortium made up of Allianz (with an 87.5 pct stake) and Curzon Capital Partners III (a fund managed by Tristan Capital Partners).
POLAND In Q3 Inpro Capital Group signed 122 preliminary sales contracts for apartments, 17 pct more than in the same period of 2011.
ROMANIA Construction company Confort, which is part of the Izometal Confort group, has filed for bankruptcy.
POLAND Neinver has revealed that sales in its Polish outlet centres increased by 27 pct y-o-y in H1, the highest growth in any country it operates in.
POLAND Globe Trade Centre (GTC) has purchased the remaining 50 pct stake in the Galeria Wilanów shopping centre project in Warsaw from Polnord.
POLAND Eurometal has had its application for the bankruptcy of Polimex-Mostostal thrown out by a Szczecin court, according to the latter company.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
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 ...
'Eurobuild CEE' announces its spring awakening. In the latest issue of our magazine, you will find, lots of optimism, all the latest real estate news, ...
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.
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
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.
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 ...
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 ...
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 ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Deutsche Hypo – NORD/LB Real Estate Finance has provided a five-year green loan to Olivia Seven for the refinancing of the Olivia Prime A office build ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
US technology, communications and security company Motorola Solutions has signed a five-year lease renewal, starting in August 2027, for app. 18,000 ...
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 ...
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 ...
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
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 ...
Panattoni is to build the Panattoni Park Mainz Süd in Erbes-Büdesheim bei Alzey.