Investment & finance
RSSSweet 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.
AmRest 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.
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
Last day to register
For the 15th time, we invite you to one of the most important and prestigious events in the commercial real estate calendar in Central and Eastern Eur ...
PBSA enters the mainstream
Let's look into the future!
Exclusive
The voice of the younger generation
In our latest exclusive interview, we spoke with Justyna Glinka, a senior associate at Baker McKenzie Krzyżowski i Wspólnicy, who has been appointed a ...
EGLS enters the scene
The cost of going green
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
Novotel comes to Croatia
Accor's Novotel brand is expanding in Southeastern Europe with the opening of Novotel Zagreb, the brand's first hotel in Croatia.
Staycity to open first Aparthotel in Warsaw
Romanian hotels grow
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
Two transactions by Prime Holdings
Prime Holdings Group has sold its Łódź 1 project in Poland as well as the Science Park office complex in Budapest, Hungary. Together, the two transact ...
Domestic investors now dominate in Romania
Libero sold in biggest deal of the year!
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
Aon stays for longer
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by ...
Office investment set to reach 1.4 bln
Warta chooses Grundmanna Office Park
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Student Depot extended in Poznań
Kajima Properties Europe has completed the extension of Student Depot Poznań, adding over 400 new beds to its portfolio. The project, which was deliv ...
StudentSpace comes to Warsaw
No drop in price from price transparency act
Retail & leisure
Another Smart Park to come to Wrocław
RGL, the developer behind the Smart Park brand, has started work on another centre. Its latest retail park will be in Wrocław on ul. Kamiennogórska in ...
Explosive growth of retail space in Romania
Grand Department Store in Pardubice reopens
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
Sanmar comes to Łódź
Sanmar has leased nearly 5,500 sqm of warehouse and office space in Panattoni's Logistics Łódź VI development.
