Investment & finance
RSSRank Progress plans to start four new projects in 2013
POLAND Rank Progress has recorded a net profit of over PLN 36 mln for Q3 2012. At the end of the period the company’s total debt was down by 2 pct y-o-y and came to 47.7 pct, while the company’s short-term liabilities dropped by 66 pct from PLN 111.8 mln to PLN 38 mln.
Sweet deal for O1 and Tactics
Properties has sold 50 pct plus one share of JSC Bolshevik to Russian developer Tactics Group. JSC Bolshevik owns the 5.4 ha site of the former Bolshevik confectionery factory on Leningradksy Prospekt in Moscow.
J.W. Construction plans next projects
POLAND J.W. Construction generated revenues of PLN 211.4 mln in the first three quarters of the year, as well as an operating profit of PLN 41.5 mln and a net profit of PLN 2.5 mln.
Profits up for Inpro
POLAND TriCity-based developer Inpro generated app. PLN 66 mln in consolidated revenue from January until the end of September, representing a 22 pct y-o-y rise.
Erbud posts Q3 results
POLAND In Q3 Grupa Erbud experienced a 15 pct y-o-y decline in revenue to PLN 262.4 mln.
Robyg sees massive growth
POLAND Developer Robyg has recorded a revenue of app. PLN 319 mln for the first three quarters of 2012, a 263 pct rise on the same period of 2011.
Stable profits for GTC
CEE REGION Globe Trade Centre has announced that in Q3 its rental revenues increased 3 pct over the quarter to EUR 34 mln, while gross profit remained stable at EUR 24 mln.
Gamala takes more than a fifth of Orco
CZECH REPUBLIC Orco Property Group has confirmed that Crestline Ventures Corp has transferred 12,056,281 of the company’s shareholding in OPG to Gamala Limited.
Warsaw Financial Center sale goes through
POLAND The EUR 210 mln sale of the Warsaw Financial Center (WFC) to a joint venture between Allianz Real Estate (with an 87.5 pct stake) and Curzon Capital Partners III, L.P. (CCP III) has now been finalised.
More financing for Barłóg Kościelny ring road
POLAND The General Directorate of National Roads and Motorways (GDDKiA) has secured additional financing from European Regional Development Fund of over PLN 43.79 mln for the construction of Barłóg Kościelny ring road, which is part of national road no. 61.
Solid results from Mirland
RUSSIA Residential and commercial developer Mirland has posted its results for the first nine months of the year.
Solar profits down
POLAND The Solar retail chain has registered a decrease in its net profit attributable to the shareholders of the parent company amounting to PLN 15.6 mln for the first three quarters of the year.
AmRest expands in CEE
EUROPE AmRest Group, which owns brands such as Pizza Hut, KFC, Starbucks and LaTagliatella, recorded a net profit of PLN 24.3 mln attributable to the shareholders of the parent company in Q3 2012, representing an improvement of app. PLN 1.8 mln compared to the same period of the previous year.
WDP sells Czech portfolio to CTP for EUR 25 mln
CZECH REPUBLIC Closed-end Belgian investment company Warehouses DePauw (WDP) has signed a binding agreement (subject to a number of conditions, including financing) for the sale of its 100 pct stake in Czech subsidiary WDP CZ.
Better financial results for LPP
POLAND LPP attributes its strong financial performance in Q3 to a 21 pct (67,000 sqm) increase in its retail area, an increase in sales for comparable stores and the popularity of its winter collection.
Rank Progress takes over Mielec project
POLAND Rank Progress has purchased from Kullar Gobi the Galeria Aviator shopping centre project in Mielec for an undisclosed sum.
Bridge builder diversifies into roads
RUSSIA Bridge constructor Mostotrest is to acquire a 50 pct stake in the North-West Concession Company (NWCC) for over RUB 7.7 bln (EUR 191.5 mln) through the purchase of 100 pct of the share capital of Plexy.
Negotiations begin for Horyniec health resort
POLAND The government has granted a potential investor a three-week exclusive negotiation period in its attempts to privatise the Horyniec health resort.
Deka Immobilien to buy IBC
POLAND Deka Immobilien Investment is to buy the International Business Center (IBC) at the junction of ul. Armii Ludowej and ul. Polna in Warsaw.
Ronson counts on better results in Q4
POLAND Ronson Europe has published its financial results for the first three quarters of 2012. Revenue increased to PLN 72.9 mln, up by 19 pct on the PLN 61.3 mln of the same period in the previous year.
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
Strabag to Build 170-Metre Roma Tower in Warsaw
Strabag, together with TKT Engineering, has been appointed general contractor for Roma Tower, a 170-metre residential skyscraper planned for central W ...
PORR wins PLN 539 mln contract for US air force base in Wrocław
BERGER Bau to Modernise Wrocław Student Residences
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
Warsaw and Kraków strengthen their AI credentials
Warsaw is strengthening its position on Europe’s artificial intelligence map, while Kraków stands out for its technology sector growth potential. Acco ...
EMEA data centre capacity exceeds 12.1 GW as energy constraints slow growth
Power, Power, Power
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
NEPI Rockcastle expands solar capacity
NEPI Rockcastle has opened its second large-scale photovoltaic park in Romania, bringing its in-house renewable energy capacity to the equivalent of 3 ...
Nowe Bielawy retail parks renew BREEAM Excellent ratings
Greenfield Băneasa Earns BREEAM Excellent Certification
Eurobuild Awards
Candidate and jury registration are still open for the Eurobuild Awards!
The deadlines for nominating candidates and registering for the jury for the 16th Eurobuild Awards have been extended! Both the candidate and jury reg ...
New venue and date for the Eurobuild Awards Gala!
All the winners of the EurobuildCEE Awards 2025!!
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 32nd Annual Polish Commercial Real Estate Conference is now on the horizon!
On November 19th, 2026, Eurobuild Conferences will welcome investors, developers, financial institutions, corporate executives and real estate profess ...
Statement by the CEO of Eurobuildcee sp. z o.o.
The October and Expo Real edition of Eurobuild is now out!
Events
Warsaw Spire commemorates Polish soldiers’ capture of Predappio
On 28th October, the Warsaw Spire skyscraper in Warsaw displayed the inscription “PREDAPPIO 28 X 1944, LA POLONIA NON È LIQUIDATA” (“Poland has not be ...
Panattoni celebrates 40 years of the company’s history
Will Poland dominate the AI market?
Exclusive
Uniqa opens up
Recently UNIQA Real Estate Management announced that it was opening up its portfolio to third-party investors and then, soon afterwards, announced tha ...
Leading the renaissance of local investors
The man from NASA
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
Mercure Gdynia Centrum earns four-star rating
Mercure Gdynia Centrum has officially been awarded a four-star rating following an application by the hotel’s owner, Essendi. The decision marks the c ...
Wave Hotels launches in Poland
Green House Development launches pre-sales for final phase of Wave Świnoujście
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Erste Bank provides EUR 126 mln refinancing for two Zagreb shopping centres
Manta d.o.o., owner of the City Center One East and City Center One West shopping centres in Zagreb, has signed a loan agreement worth EUR 126 mln wit ...
REICO Long Lease acquires 62,500 sqm logistics facility from Prologis
Poland’s investment market rebounds
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
Krakowski Bank Spółdzielczy takes serviced space at DL Space Atrium
Krakowski Bank Spółdzielczy has leased serviced space at DL Space Atrium, part of DL Invest Group’s mixed-use complex at 138 Korfantego Avenue in Kato ...
GEO plans mixed-use development on former railway land
Regional office demand could reach 700,000 sqm in 2026
Property and Facility Management
CBRE takes over 11 Dekada retail properties
CBRE has been appointed to manage and lease a portfolio of 11 Dekada retail properties owned by Hungary’s Appeninn Group. The portfolio comprises near ...
ISS takes over technical management of Axis in Kraków
Savills takes on TFI PZU retail portfolio
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Torus launches sales at 143-unit Mozaika project in Gdańsk
Grupa Torus has launched apartment sales at its Mozaika development on Droszyńskiego Street, between Gdańsk’s Oliwa and Przymorze Małe districts. The ...
Skanska launches second phase of Habitat residential project in Prague
Restored Pafawag boiler house completes Wrocław residential development
Retail & leisure
ShockPrice opens first store in Łódź region in Focus Mall
Focus Mall in Piotrków Trybunalski is expanding its retail offer. On 5th November, ShockPrice opened its first off-price store in the Łódź region at t ...
Xtreme Fitness expands in Galeria Mosty
BIG Poland expands to 15 retail parks with Konstantynów opening
Technology
CBRE moves into defence
CBRE is expanding its advisory services for the defence and dual-use technology sectors in Poland. Jan Banasikowski, who has been with the company for ...
Drone Deliveries could reach shoppers in 15 minutes
Skanska implements digital access control system at Studio A
Warehouse & industrial
Logicor starts construction of sixth warehouse at Mysłowice park
Logicor has started construction of a sixth building at its logistics park in Mysłowice, southern Poland. The new 21,860 sqm facility will bring the c ...
