Investment & finance
RSSWojas sums up H1
POLAND In the first six months of this year Wojas generated consolidated sales revenue of PLN 72.1 mln – a 21.1 pct growth on H1 2011.
Orco still bleeding
EUROPE Orco has released its results for H1 2012. The company’s gross asset value fell slightly to EUR 1.5 bln at the end of June (from EU 1.6 bln at the end of last year), while the net asset value per share fell from EUR 22.40 over the same period to EUR 10.43.
CPI sales revenue doubles
CZECH REPUBLIC Czech Property Investments (CPI) suffered a net profit fall of 11 pct y-o-y to around CZK 358 mln in the first half of the year.
Twarda Tower sold to Europa Capital
CZECH REPUBLIC Czech Property Investments (CPI) suffered a net profit fall of 11 pct y-o-y to around CZK 358 mln in the first half of the year.
Lower 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.
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
Poland more at risk to climate change
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 ...
Logicor creates a public park
B10 takes WiredScore Platinum
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
Eurobuild celebrates its 300th issue!
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 ...
The June issue of Eurobuild is now out!
The May issue of EurobuildCEE is out now!
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
Ziv Zviel of Atlas Estates
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 ...
Not just for the rich
Demand for PBSA continues to accelerate
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
Leonardo expands in JM Tower
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 ...
Self service in Opole
Mercure comes to Transylvania
Human resources
Panattoni bets big on data centres
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
Five new board members at JLL
A change of guard at Eurobuild
Infrastructure
Tender awarded for CPK rail changes
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 ...
Most of the land now acquired for CPK
Tunnel to be built under Baltic
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
BNP Paribas lends Panattoni EUR 20.2 mln
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 ...
Financing for Chmielna 89
Saller takes on Nad Jeziorem
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
Rockwool grows bigger in Nowy Rynek
Polish mineral wool manufacturer Rockwool GBS has extended and prolonged its lease agreement with Eastnine for space in building D of the Nowy Rynek d ...
More drugs in Aeropark
VR comes to Norblin
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
Massive PRS portfolio purchase by Vantage
Vantage Development, a Tag Immobilien subsidiary, has acquired 18 Resi4Rent projects with 5,000 PRS units for PLN 2405 mln. The deal is subject to app ...
PBSA market set to grow rapidly
Zeitraum – Racławicka to open for next semester
Retail & leisure
Agora Mall Arad reopens
Agora Mall Arad (formerly Galleria Arad) officially reopened on August 28th following an extensive refurbishment and repositioning.
Ławica Shopping Park opens in Poznań
Retail park to come to Konstantynów Łódzki
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
Harden builds for Panattoni
General contractor Harden Construction has begun construction of Panattoni Park Gdańsk West II in Janków Gdański. The 40,000 sqm centre to be construc ...
