Investment & finance
RSSDaramis buys Zelené Město 2
CZECH REPUBLIC Daramis Group has bought the second stage of the Zelené Město residential project near the Jarov interchange in Prague 9, from the developer Lighthouse Group.
Erbud secures financing for current operations
POLAND Erbud has signed an annexe to a loan agreement with ING Bank Śląski.
Dromost bankruptcy open to arrangements
POLAND A Poznań court has ruled that Dromost, a subsidiary of PBG, is in bankruptcy open to arraignments.
Heitman poised to buy Karolinka and Pogoria
POLAND Heitman is considering the acquisition of two shopping centres.
EIB loans another EUR 165 mln to upgrade railways
POLAND The European Investment Bank (EIB) is to provide two loans amounting to EUR 165 mln the Polish state railway operator, PKP Polskie Linie Kolejowe.
Polonez Poznań sold to Griffin Investment
POLAND The Orbis hotel group has concluded an agreement to sell the former Polonez hotel in Poznań to Zerta, a subsidiary of Griffin Investment.
Gant and Geo consider the future together
POLAND Gant Development and Geo, Mieszkanie i Dom have signed a letter of intent for a mutual due diligence examination in preparation for merger negotiations.
Intersport releases Q3 figures
POLAND Sports shop chain Intersport generated a gross profit of almost PLN 2.5 mln in the first three quarters of the year, down from PLN 4.4 mln in the same period of 2011. In the first nine months the company achieved net sales revenues of PLN 175.3 mln – an increase of 24.3 pct y-o-y.
CPI buys supermarket portfolio
CZECH REPUBLIC TREI Real Estate Czech Republic has completed the sale of a portfolio of retail properties to CPI Group.
Capital mortgages Metropolitan for USD 750 mln
RUSSIA Capital Partners has been granted a 10-year USD 750 mln loan by Sberbank, using the Metropolis shopping centre in Moscow as collateral.
Panattoni and Pramerica sell Warsaw parks to RREEF
POLAND Panattoni Europe and Pramerica have announced the sale of an 80,000 sqm multi-leased logistics portfolio on the outskirts of Warsaw to RREEF Real Estate for EUR 54 mln.
RomReal in dire straits
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.
CPI boss “buys fifth of Orco”
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.
Tatry Mountain Resorts to list on three bourses
POLAND/SLOVAKIA Slovakian ski resort developer Tatry Mountain Resorts (TMR) has listed on the main marker of the Warsaw Stock Exchange.
Bankruptcy for Eurosmart
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.
Avans joins Media Expert
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.
Cocor faces foreclosure
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).
PBO Anioła to cut costs
POLAND PBO Anioła intends to cut costs by, among other measures, reducing management board pay by up to 30 pct.
AmRest increases European sales
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.
More Moscow office space
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.
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 ...
