Investment & finance
RSSLower revenue for Erbud
POLAND Grupa Erbud registered revenue of PLN 603.4 mln in H1 2012 – a decrease of 11.8 pct on the same period last year.
Solar releases H1 figures and plans next openings
POLAND Clothing firm Solar Company registered sales revenue of PLN 72.26 mln in H1 2012, which constitutes a 14.1-pct decrease compared to the same period of 2011.
Ablon looks to cut costs after poor results
CEE REGION Ablon Group suffered a 19.6 pct fall in the value of its property portfolio in the first half, from EUR 484 mln at the end of last year to EUR 389 mln at the end of June.
Two tenants for Market Central Ferihegy
HUNGARY H&M has leased 1,848 sqm and Jysk have leased 1,150 sqm in the Market Central Ferihegy retail park, which is owned by AIG/Lincoln.
Billionaire “buys Bořislavka”
CZECH REPUBLIC KKCG Group, owned by oil tycoon Karel Komárek, has bought the Bořislavka mixed-use project in Vokovice in Prague 6.
Moscow Metropol sold
RUSSIA The Metropol hotel in Moscow has been sold at auction for over RUB 8.8 bln (app. EUR 218 mln).
Murapol bond issue
POLAND Murapol has floated unsecured series ‘F’ bonds worth a total of PLN 10 mln. This is the first flotation in a series of three, through which the company hopes to raise a total of PLN 45 mln.
Oświęcim Castorama opens
POLAND Castorama Polska has opened its 64th store on ul. Zatorska in Oświęcim.
Grupa Orbis sums up H1
POLAND The Orbis hotel group registered a revenue of PLN 355.4 mln in H1 2012, a 10.1 pct improvement on the PLN 322.7 mln it recorded in same period of 2011.
EBRD finances roads
MONTENEGRO The European Bank of Reconstruction and Development is considering lending the government of Montenegro EUR 20 mln to upgrade local roads in the northern part of the country.
Warimpex still in profit
EUROPE Warimpex has seen its cash flow from operating activities grow in the first half from EUR 2.2 mln in H1 2011 to EUR 5.5 mln.
Reinhold still struggling
POLAND Reinhold Polska has released its results for H1 2012. Net sales for the period came to over EUR 536,000, after EUR 508,000 in H1 2011, and an operating loss was incurred of over EUR 209,000, compared to a loss of EUR 350,000 in H1 2011.
Second quarter investment volumes at record low
CE REGION Total real estate investment activity in Central European markets fell by 60 pct q-o-q to EUR 327 mln in the second quarter, down from EUR 834 mln in Q1, according to research by DTZ.
Cocor sells store for almost EUR 4 mln
ROMANIA Cocor Bucuresti, the owner of the Cocor shopping centre in Bucharest, has announced that it has sold 196 sqm of retail space on Unirea Blvd for almost EUR 4 mln, representing a price of over EUR 20,000 per sqm.
Vilnius on the Adriatic
LITHUANIA The Mayor of Vilnius, Artūras Zuokas, is to attempt to buy a Greek island for the city for the development of Lithuanian spas and hotels, according to local media reports.
Dolcan closes H1 with higher revenue
POLAND Grupa Dolcan closed H1 2012 with revenue of PLN 91.5 mln, double the figure from the same period in 2011.
Dom Development maintains stability
POLAND Dom Development generated sales revenue of PLN 308 mln in H1 2012, 85.4 pct more than in the same period of 2011.
ED invest sums up H1
POLAND ED invest registered a gross profit of PLN 420,000 in H1 2012. Its revenue from residential construction amounted to just over PLN 10 mln, which constitutes 100 pct of its total sales revenue.
Budimex subsidiary files for bankruptcy
POLAND Przedsiębiorstwo Napraw Infrastruktury (PNI), a subsidiary of listed company Budimex, has filed for bankruptcy open to arrangements.
Pro Kapital Grupp launches public offering
ESTONIA Real estate developer Pro Kapital Grupp has published its public share offer prospectus and filed an application to be listed on the NASDAQ OMX Baltic index.
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
CPK arises
We invite you to join us on June 10th in Łódź at our conference entitled ‘CPK - A new era for Poland and the commercial real estate market’ where we s ...
Back to the Future Conference
Race to the top
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
Sale and leaseback for Cavatina Hall
Cavatina Holding has signed a sale and leaseback agreement with BPS Leasing for over EUR 22 mln for the Cavatina Hall, building A in Bielsko-Biała.
Budapest Marriott sold
City2 sold
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 ...
