Investment & finance
RSSBomi wishes to renegotiate debt repayments
POLAND Bomi, which has been declared bankrupt open to arrangements, has suggested modifying the repayment provisions with the banks which are its main creditors.
Supply outstripping demand
BULGARIA No major changes are predicted on the Bulgarian real estate market for 2013, according to Colliers International.
Profits up for Savills
WORLD Real estate consultancy Savills saw revenues rise by 12 pct over 2012.
Global investment up
WORLD In 2012 the value of global property investments increased by 6 pct to USD 929 bln (EUR 714 bln), according to the ‘International Investment Atlas’ by Cushman & Wakefield.
UOKiK scrutinises Real and Auchan deal
POLAND The European Commission has handed over the responsibility for approving the takeover of Real by Auchan to the Office of Competition and Consumer Protection (UOKiK).
Poland leads in investment
CEE REGION Investment activity in Poland, the Czech Republic, Slovakia, Hungary and Romania increased significantly in Q4 2012 to EUR1,826 mln, almost matching 2007 levels, and ahead of the EUR 536 mln invested in Q3 2012, according to figures from Cushman and Wakefield.
Best European property returns in Poland
WORLD Globally, total returns on property shares and other assets came to 29.8 pct in local currencies and 26.6 pct when measured in euros, according to figures from the Global Property Research In Europe the same figure came to 29.5 pct measured in euros.
ECM assets sold
CZECH REPUBLIC ECM has sold its shares in Epoque-Lancaster and Epoque Hotel, two SPV companies that were established to develop skyscrapers in Pankrác plateau. Raiffeisenbank, which was financing the project, has been repaid.
Mall project and supermarket go under the hammer in forced sale
On January 10th liquidators RVA Insolvency Specialists is to auction off a shopping centre that is under construction as well as a supermarket. Both properties are in Focşani and owned by bankrupt investor Omnium Invest.
Real estate agents punished by UOKiK
POLAND The Office of Competition and Consumer Protection (UOKiK) has fined the Metrohouse & Partnerzy and Bracia Strzelczyk real estate agencies a combined total of nearly PLN 90,000.
Redan pays off its debts
POLAND In accordance with the debt restructuring agreement agreed with its creditors, Redan has issued 57,422 three-month D-series bonds with a value of just over PLN 5.74 mln to bondholders in exchange for their A-series bonds worth over PLN 5.5 mln.
Euromark faces liquidation
POLAND A court of Warsaw has granted the petition of Bank Millennium for the bankruptcy and liquidation of Euromark Polska and has appointed administrators.
Rank Progress builds shopping centre in Wejherowo
POLAND Rank Progress together with a partner has won a public tender to buy a 22,500 sqm plot of land in the centre bordered by ul. Sienkiewicza, ul. Wałowa, ul. Srebrny Potok, and ul. Św. Jana for PLN 7 mln net.
SOFAZ buys Gallery Actor
RUSSIA The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has purchased the Gallery Actor mixed-use office and retail complex at 16 Tverskaya ulitsa in Moscow for USD 133 mln.
Investment volumes at EUR 7.4 bln for 2012
CEE REGION Investment volumes for the CEE region in 2012 reached EUR 7.4 bln, according to figures from CBRE, representing a 35 pct decrease y-o-y.
Immofinanz sells Prague office building
CZECH REPUBLIC Immofinanz Group has sold the BB Centrum Building ‘C’ in Prague to the VIG fund for an undisclosed price.
LPP sees revenue rise
POLAND LPP, the owner of clothing brands Reserved, House, Mohito and Cropp Town has recorded sales revenue for 2012 of PLN 3.2 bln, a 29 pct increase on 2011.
Two health centres in local council hands
POLAND The health centres in Świnoujście and Kołobrzeg have been taken over by local government authorities using a new government regulation allowing for the transfer of ownership of those centres excluded from the recent privatisation process.
Another mall declared insolvent
ROMANIA The Grand Arena Mall in Bucharest has been declared insolvent after three construction companies (Arcon Constructions, Climatehnic and CZ & C) petitioned the courts for repayment of debts, according to local media.
Blackstone buys restaurant building in Kłodzko
POLAND Blackstone, the owner of the Galeria Twierdza shopping centre in Kłodzko, has bought the freestanding Broaster Chicken restaurant building, which has recently been built adjacent to the mall, for EUR 1.3 mln from Rank Progress.
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 wins foundational contract for CPK
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massi ...
Work progresses on Henryk Arctowski Antarctic Station
Poland heading for a two-tier market
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
Poland to be the new data hub
During the presentation of the 'Driving the Economy: The Economic Impact of the Data Centre Sector in Poland' report, we took the opportunity to speak ...
Data centres to transform Polish economy
Data 4 starts in France with EUR 5 bln investment
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
Punkt goes Platinum
The Punkt office building in Gdańsk has been awarded LEED v4 Platinum certification. This is the first Torus Group development certified under this ve ...
Outstanding for Prologis
Silesia City Center now Excellent
Eurobuild Awards
All the winners of the EurobuildCEE Awards 2025!!
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
The winners of the Eurobuild Awards 2024!
Call for nominations and jury members!
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
Three days of lakeside cycling: EQT on the Move
More than 70 representatives of the Polish logistics real estate market participated in the third edition of EQT on the Move: Ride the Lakes. The even ...
Let's play volleyball again
August 7th – mark the date
Exclusive
Bringing people together
We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport ...
Laying the groundwork for success
The French connection
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
Griffin and Primestar join forces
Warsaw-based private equity investment manager Griffin Capital Partners and Berlin-based hospitality operator Primestar Group have launched Prime Grif ...
aHouse to build hotel in Grodzisk Mazowiecki
Swissôtel comes to Gdynia
Human resources
Leadership change at Nepi Rockcastle
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Change at the top for ULI Europe
ULI announces new chairs
Infrastructure
Budimex builds in Slovakia
Budimex has handed over the motorway junction of the D1 and D4 roads in Slovakia, 90 days ahead of the deadline specified by the consgtruction contrac ...
Green light for Port of Poland
Strabag wins EUR 255 mln contract
Interior design
New food hall in Poznań
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
New look for Eurocentrum lobby
New look for Otis offices
Investment & finance
Welcome loan for Wita
Echo Investment has signed a loan agreement with Bank Pekao to finance its Wita mixed-use complex, which is being developed on a 3 ha site in central ...
Mood improves over office sector
Patron and Trei sell six retail parks
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
Brenntag in Brama Miasta B
German chemical raw materials distributor Brenntag has opened its EMEA shared services centre in Brama Miasta B in Łódź, which is owned by Skanska Co ...
WITA welcomes OPmobility
Rents rising with limited supply
Property and Facility Management
JLL takes on Equal Business Park
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Savills takes on two Warsaw buildings
Tensions in the gulf promote energy efficiency
Public buildings
Warszawa Wschodnia station to be modernised
Polish Railway Lines (PKP) has signed a contract with general contractor Torpol for the modernisation of Warszawa Wschodnia station (Warsaw East), wor ...
Gronów Elbląski station to be renovated
A new look for central Warsaw
Residential
Neighbourhood becoming more important in home purchases
According to 'The Living 2040' report, today's residents are more aware, pragmatic, and demanding of the place they live.
Warsaw fourth most unaffordable European city
StudentSpace to build second centre in Warsaw
Retail & leisure
More tenants for Soho by Yareal
Yareal Polska continues to expand the retail tenant mix for its flagship, mixed-use complex in Warsaw's Praga Południe district. SOHO by Yareal now in ...
New Yorker arrives in Jędrzejów
Looking good and feeling good in Norblin Factory
Technology
Łukasiewicz Research Network opens technology laboratory
The Łukasiewicz Research Network - Automotive Industry Institute has completed a PLN 36 mln project, of which PLN 24.7 mln comes from the Regional Dev ...
Skanska installs NHIB in Studio A
Rentujemy to revolutionise the market
Warehouse & industrial
Panattoni to begin work on Panattoni Park Kraków West IV
Panattoni, together with Eika Asset Management, an investment management company, have begun the development of Panattoni Park Kraków West IV. The cen ...
