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.
POLAND Negotiations, which began in May, between the Polish state and investors wishing to purchase an 87.4 pct stake in the Uzdrowisko Wysowa health resort in Wysowa-Zdrój, are now nearing completion.
POLAND The Embassy of the Republic of Lithuania has put its former embassy building on al. Szucha in Warsaw up for sale.
CEE REGION Russia and Poland will continue to cope with the economic and financial crisis better than many other countries in the CEE, CE and SEE regions, according to the ‘Eastern European Outlook’ analysis published by Nordic financial services group SEB.
POLAND Preliminary figures for Q3 from Jones Lang LaSalle show EUR 450 mln was transacted in property deals in the three active CEE countries (excluding Russia) over the quarter: Poland, the Czech Republic and Romania.
POLAND Hines Global REIT has bought Prologis Park Sosnowiec from Prologis for app. EUR 19.9 mln.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
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 ...
Poland has jumped by as many as 49 places in the Climate Risk Index 2025, ranking countries most affected by climate change, according to the latest r ...
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 ...
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.
We are proud to present the exceptional 300th anniversary issue of ‘EurobuildCEE’ magazine! This is not just a round number, it’s also an important mi ...
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.
Atlas Estates, which invests in real estate across the CEE region, recently secured a major refinancing loan for the Warsaw Hilton Hotel. And so, we s ...
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 ...
Leonardo Hotels Central Europe will manage the entire JM Tower complex on ul. Grzybowska in Warsaw from October this year. Currently, the chain is onl ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Central Communication Port (CPK) has awarded a tender for track layout changes in the Retkinia area of Łódź to Multiconsult Polska, who bid PLN ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Financing has been secured for the expansion of Panattoni Park Gdańsk West II in Pomerania. BNP Paribas Bank Polska issued the EUR 20.2 mln loan for t ...
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 ...
Astellas Pharma Global Capability Centre has joined the tenants of The Bridge in Warsaw. The international pharmaceutical company will occupy two floo ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
Skanska Residential Development has begun construction work on the first stage of its Awangarda Mogilska development in Kraków. A total of 278 apartme ...
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
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 ...
CTP has signed a lease agreement with Siemens Energy Global for the development of 20,000 sqm in CTPark Mülheim in North Rhine-Westphalia.