Investment & finance
RSSOrbis enjoys modest growth
POLAND The total revenue of Grupa Hotelowa Orbis increased by 3.3 pct y-o-y in 2012, amounting to PLN 691.5 mln.
PKP railway stations for sale or renovation
POLAND PKP is considering the sale of 50 railway stations this year, after having sold 58 in 2011.
Successful year for Budimex
POLAND Grupa Budimex has released its results for 2012. Net revenue from sales of products, goods and materials came to nearly PLN 6.08 bln up on 2011 revenues of PLN 5.5 bln in 2011.
Platinium Properties prepares WSE flotation
POLAND Platinium Properties Group has begun the book building process for its flotation on the Warsaw Stock Exchange.
EFH unable to buy back bonds
POLAND Europejski Fundusz Hipoteczny has applied to the District Court in Warsaw to extend the maturity of its EF series bonds, upon which payment is currently due.
Eften Real Estate Fund acquires Hotel Palace in Tallinn
ESTONIA Eften Real Estate Fund and AS Esraven in a 50:50 joint venture have purchased the Hotel Palace on Vabaduse väljak (‘Freedom square’) in Tallinn from Scandic Hotels for an undisclosed price. Eften has announced that the building is to be fully renovated.
Valad takes control of GE Capital’s Polish Retail Fund
POLAND Real estate investment manager Valad has acquired the investment adviser and asset management teams of GE Capital Real Estate’s Polish Retail Fund for an undisclosed price.
Próchnik buys Rage Age
POLAND fashion retailer Próchnik has bought the Rage Age clothing brand for PLN 18 mln. The transaction has been financed through the issue and acquisition of I series shares.
Universal sale
POLAND The court appointed administrator of Metro-Projekt has announced the former headquarters of Universal Foreign Trade Centre.
Better results for LPP
POLAND The LPP capital group has reported improved sales revenue for Q4 2012 amounting to PLN 962 mln. This represents a 22 pct increase on the previous year.
Warsaw leaves Vienna, Rome and Madrid behind
POLAND The commercial property market in Warsaw is one of the most attractive in Europe, according to the ‘Emerging Trends in Real Estate Europe 2013’ ranking drawn up by PwC and the Urban Land Institute.
IKEA sees strong growth in 2012
POLAND Inter IKEA Centre Group Poland has released its results for 2012 and reported an increase in footfall at its retail parks and shopping centres, an increase in turnover of over 9 pct, nearly 50 newly signed leases as well as 150 lease extensions and the repositioning of two retail parks.
CPI makes offer for Ablon
CEE REGION CPI has indicated that it is considering a possible takeover for Ablon at a price of GBP 0.225 per ordinary share in cash, valuing the company's entire issued share capital at GBP 30.8 mln (app. EUR 37.5 mln).
Penta secures EUR 113 mln refinancing for Digital Park
SLOVAKIA Penta has secured EUR 113 mln in refinancing for its Digital Park office project in Bratislava. The loan is to be used to refinance existing loans for the construction of Digital Park I and II and finance construction work on Digital Park III.
Helical demands payment from BNP Paribas
POLAND Helical Sośnica, an SPV company of Helical Poland established to develop the Europa Centralna retail centre, has demanded that BNP Paribas Bank Polska pay out PLN 25.9 mln from a guarantee it issued for the completion of the work on the centre to the general contractor, Polimex-Mostostal.
Waryński signs contracts with partners
POLAND The Waryński group has signed an investment contract with Polnord and Dantex to develop two residential and office projects on ul. Jana Kazimerza in Warsaw’s Wola district by setting up joint venture companies with both firms.
Monnari receives over PLN 10 mln for Łódź plot
POLAND Monnari Trade, the owner of the Monnari clothing brand, has sold a 1.6 ha plot on ul. Kilińskiego in Łódź to Centrum-Wasiak Sławomir for PLN 10.45 mln net.
Lakeview sale finalised
ROMANIA New Europe Property Investments subsidiary NE Property Cooperatief has bought all the shares of BVB Real Estate from AIG/Lincoln Lakeview and also acquired the company’s outstanding debt from MKB Bank MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársas.
Poland accounts for 70 pct of CEE investment
POLAND The Polish market accounted for over 70 pct (EUR 1.87 bln) of the total EUR 2.5 bln real investment in the CEE region in H2 2012, according to figures from Jones Lang LaSalle.
Griffin buys two Warsaw office buildings
POLAND A fund managed by Griffin Group has acquired Philips House and Batory Office Building I, two modern office buildings in Warsaw, for around PLN 80 mln in a court bankruptcy public tender.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Budimex to build archive for Adam Mickiewicz University
Budimex has signed a contract with Adam Mickiewicz University in Poznań to design and build a new university archive. The contract is worth more than ...
Budimex to rebuild the I/43 Road
Budimex to complete Bydgoszcz hospital expansion
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
Data centres
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
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
BRE launches BREEAM Refurbishment and Fit Out V7
The Building Research Establishment (BRE) has launched the seventh version of its BREEAM Refurbishment and Fit Out Commercial standard (BREEAM RFO V7) ...
Ocean Winds starts BC-Wind service base in Władysławowo
Signum Work Station earns WELL Health-Safety Rating
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
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 June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
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
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
WDP expands with EUR 19 mln Krefeld acquisition
WDP has acquired a logistics property in Krefeld, North Rhine-Westphalia, for approximately EUR 19 mln, expanding its German platform through a select ...
Panattoni sells 150,000 sqm logistics park near Poznań
Vilea joins Christie’s luxury property network
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
Prime space comes harder to find
Price is no longer the only issue in Warsaw office negotiations. Finding the right space is becoming a challenge in its own right, with vacancy in the ...
BNP Paribas expands in Avatar
Full façade closure for second stage of H2Offices
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Archicom signs PLN 87 mln contract for Poznań housing project
Archicom has signed an agreement with Unibep for the construction of the first two buildings at its Kolektyw residential project in Poznań. The contra ...
Rutkowski Group buys site for 39 apartments in Warsaw
Warsaw residential yields reach up to 6 pct
Retail & leisure
Two-thirds of CEE retail stock is over 15 years old
Around 20 mln sqm of modern retail stock across Central and Eastern Europe is more than 15 years old, pointing to a growing cycle of refurbishment, re ...
DJI to open first store in Kraków
Castorama Studio Projektowe opens in Galeria Świdnicka
Technology
Logicor brings smart metering to Polish portfolio
Logicor is set to complete the rollout of smart metering across all 18 of its logistics parks in Poland by the end of 2026, giving tenants real-time v ...
Singu takes over QRmaint
Łukasiewicz Research Network opens technology laboratory
Warehouse & industrial
Hippocampus signs for 16,700 sqm at CTPark Solingen
CTP has signed a lease with third-party logistics (3PL) provider Hippocampus GmbH for around 16,700 sqm at CTPark Solingen in Germany. The deal covers ...
