Investment & finance
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Investment & finance
POLAND REICO buys battery plant in Gniezno
REICO ČS Long Lease, managed by Czech real estate investment group REICO IS ČS, has acquired the APS consumer battery manufacturing centre in Gniezno in a sale-leaseback deal for app. CZK 511 mln (PLN 97.4 mln or EUR 20.4 mln).
Investment & finance
CENTRAL EUROPE S Immo recommends CPI takeover
The management and supervisory boards of Austrian real estate developer S Immo have officially recommended to the company’s shareholders that they accept the takeover offer of Prague-based CPI Property Group.
Investment & finance
POLAND Two Panattoni parks change hands
Panattoni has sold two of its Polish logistics parks to a North American private equity investor for an undisclosed sum.
Investment & finance
ROMANIA One United buys First Bank HQ for EUR 28 mln
One United Properties has acquired the headquarter building of First Bank in Bucharest for around EUR 28 mln.
Investment & finance
ROMANIA Cascade sold for EUR 10 mln
GTC has sold the Cascade Office Building in Bucharest to Hungarian real estate investor Crown Holding for EUR 10.1 mln.
Investment & finance
CZECH REPUBLIC Wood & Company buys Green Point
A sub-fund of Wood & Company has acquired the Green Point in Prague’s Smíchov district for an undisclosed sum. The building, which has 7,500 sqm of leasable office space, is the tenth office building and the third in Prague to be added to the sub-fund’s portfolio.
Investment & finance
CENTRAL EUROPE CPI makes its move for S Immo
Czech real estate company CPI Property Group has published its offer document for the mandatory takeover of Austrian group S Immo.
Investment & finance
CZECH REPUBLIC Corso Karlín caught by Nemo
The Nemo real estate fund has finalised the purchase of the Corso Karlín office building in Prague 8 from Revetas Capital Advisors.
Investment & finance
HUNGARY Historic buy for Wing
Hungarian developer Wing has acquired two historic office buildings in central Budapest for an undisclosed sum from Teichmann & Compagnons, acting on behalf of the properties’ American owners.
Investment & finance
EUROPE First closing of Garbe fund raises EUR 400 mln
German warehousing investor and developer Garbe Industrial Real Estate has raised EUR 400 mln in equity from investors for its Garbe Logistics Real Estate Fund Plus III investment fund.
Investment & finance
POLAND Echo Investment issues PLN 40 mln of bonds
Polish developer Echo Investment has issued PLN 40 mln of N-series bonds to individual investors. The reduction rate is 37 pct and the interest rate comes to 4 pct above WIBOR 6M.
Investment & finance
CEE REGION Peakside completes EUR 160 mln portfolio disposal
German investment manager Peakside Capital Advisors has completed the disposal of a 240,000 sqm portfolio in the CEE region for more than EUR 160 mln.
Investment & finance
POLAND Warimpex takes the Red Tower
Warimpex Group has acquired Red Tower in Łódź from Octa RT for an undisclosed sum. The property is situated on the city’s main thoroughfare, ul. Piotrkowska, and is one of its tallest office buildings.
Investment & finance
Poland Panattoni sells five parks for EUR 160 mln
Panattoni has finalised the sale of five fully-leased logistics parks in Poland to an undisclosed North American real estate investment manager for EUR 160 mln.
Investment & finance
Poland Echo sells twice
Echo Investment has today announced the closing of two disposals. MidPoint71 in Wrocław has been acquired by the Czech-based Trigea Real Estate Fund for over EUR 100 mln, while German fund manager KGAL Group has bought three buildings in the Fuzja office complex in Łódź for EUR 56 mln.
Investment & finance
CENTRAL EUROPE S Immo lifts cap for CPI takeover
Austrian real estate investor and developer S Immo has officially confirmed that it has abolished its voting rights cap, thus providing Czech counterpart CPI Property Group with a controlling stake and triggering a mandatory takeover offer.
Investment & finance
CENTRAL EUROPE Immofinanz plans future after CPI takeover
Immofinanz has published details of its updated strategy following the majority takeover of the Austrian real estate investor by its Czech counterpart CPI Property Group. This will involve selling off around EUR 1 bln of assets.
Investment & finance
Czech Republic/Hungary Adventum hits billion mark
Adventum Group’s acquisition of a 360,000 sqm gla portfolio of 18 retail parks anchored by Tesco across Hungary and the Czech Republic has now been finalised. With this transaction, Adventum’s assets under management have reached EUR 1 bln.
Investment & finance
Poland Exeter takes Pomeranian gem
US investor Invesco Real Estate has sold Panattoni Park Gdańsk Airport, a logistics park situated in the vicinity of the Gdańsk international airport, to EQT Exeter. The complex, part of which is still under construction, comprises five buildings and has a total leasable area of app. 110,000 sqm.
Investment & finance
Poland Cavatina sells three to Lone Star
Carbon Tower in Wrocław, Ocean Office Park A and Tischnera Office in Kraków have been acquired by a partner of Lone Star Funds. The buildings offer a total of almost 66,000 sqm gla and are around 90 pct leased. Cavatina Holding has signed preliminary contracts for the sale of the portfolio, which is expected to be completed by the end of November.
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
Race'N'Raise supports rural children's education
Logicor has raised over PLN 40,000 in the 4th Race'n'Raise charity cycle race to support the EFC Foundation's Horizons Scholarship Program.
CPK arises
Back to the Future Conference
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
Arkady Wrocławskie sold
Develia has signed a sales agreement with Vastint Poland for the Arkady Wrocławskie mixed-use building for EUR 42.967 mln.
Stena buys two High5ive buildings
Sale and leaseback for Cavatina Hall
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 ...
