Investment & finance
RSSBankruptcy of Budimex’s company
POLAND Budimex subsidiary Przedsiębiorstwo Napraw Infrastruktury (PNI) has obtained a Warsaw court decision in regards to its declaration of bankruptcy open to arrangements.
Hydrobudowa in liquidation
POLAND The District Court in Poznań has declared that Hydrobudowa Polska is to go into liquidation and appointed an administrator for the company.
BULGARIA, Super Borovets Property Fund
BULGARIA Super Borovets Property Fund intends to raise BGN 9.93 mln (EUR 5.08 mln) through a share issue on the Bulgarian Stock Exchange.
Newsec agrees BNP alliance
BALTIC STATES Nordic and Baltic property consultancy Newsec has signed an alliance agreement with BNP Paribas Real Estate.
MirLand subs given USD 50 mln Sberbank loan
RUSSIA MirLand has announced that it has secured a new non-revolving USD 50 mln refinancing loan agreement with SberBank of Russia for two of its Moscow office investment assets.
Hydrobudowa opts for liquidation
POLAND Hydrobudowa, which in June had hoped to enter into a bankruptcy open to arrangements, has now made a court application to change the proceedings into a liquidation of the company’s assets.
Warsaw Trade Tower for sale
POLAND The Warsaw Trade Tower building is to be put up for sale by Akron Investment Central Eastern Europe II.
Share issue cancelled
ESTONIA Pro Kapital has cancelled its planned IPO. The company had finished the book building process but, “the shareholders and the company decided not to accept the steep discounts required by the financial markets,” the company wrote in a statement.
EU provides PLN 24 mln for Warsaw museum
POLAND The Royal Łazienki Museum in Warsaw has obtained supplementary financing from the European Regional Development Fund.
Wikana receives financing for Lublin project
POLAND Wikana subsidiary Wikana Invest has signed a PLN 53.7 mln credit agreement with PKO BP bank.
Successful H1 for Accor
WORLD Accor, the strategic partner of Grupa Hotelowa Orbis, registered a 3.6 pct increase in its revenue for H1 2012 – up to EUR 2.7 mln in a ‘like for like’ comparison (which excludes hotels that have been opened or sold as well as significant one-off factors).
Warsaw office building changes hands
POLAND IVG has bought the Norway House office building in Warsaw. The seller is a fund managed by Pramerica.
Raiffeisenbank provides Krakov finance
CZECH REPUBLIC Raiffeisenbank is providing more than CZK 500 mln (app. EUR 20.4 mln) in project finance for the Centrum Krakov project in Bohnice, Prague 8.
Murapol has land for Nowe Winogrady
POLAND Murapol Nowe Winogorady has reached a settlement with Bank Gospodarstwa Krajowego and taken on the debt of the former owner of the land on which the Nowe Winogrady estate in Poznań is to be built.
Poleczki hotel sold
POLAND UBM has sold a hotel in Warsaw’s Poleczki Business Park complex to BRE Leasing.
Better results for Wikana
POLAND Wikana recorded revenues of PLN 37.5 mln for H1 2012. Its gross profit from sales amounted to PLN 11 mln, which constitutes an increase of almost 102 pct on the same period of the previous year.
Three companies interested in Lublin bus station
POLAND Three investors, including Echo Investment, HB Reavis Poland and Karmar, have made offers to develop the Lublin bus station.
Erbud suffers 15.5 pct fall in revenue
POLAND In the first half of 2012 Erbud generated revenue of PLN 580 mln from its core activities, which constitutes a 15.51 pct decrease compared to the same period last year.
Indian group buys Ohrid hotel
MACEDONIA The Roy Subrata Group of India has bought the Slavija hotel in Ohrid.
SCD faces legal action
HUNGARY The Hungarian state is suing SCD group for a HUF 2.5 bln (app. EUR 8.7 mln) indemnity resulting from its failure to develop tourist facilities on land it bought from the state around lake Balaton in 2004 and 2005.
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
PORR wins PLN 539 mln contract for US air force base in Wrocław
PORR has signed a contract worth around PLN 539 mln gross to build the first phase of a cargo and logistics facility for the US Air Force at Wrocław-S ...
BERGER Bau to Modernise Wrocław Student Residences
Dekpol Budownictwo strengthens its position in the public-sector construction 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
Data centres could supply more heat to Polish cities
Poland’s growing data centre market could create a significant new source of waste heat for heating networks. According to analysis by the Polish Data ...
AI and cloud demand drives growth in European data centre market
Hillwood moves planned data centre further from homes
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
Greenfield Băneasa Earns BREEAM Excellent Certification
Twelve residential buildings comprising 982 apartments at Greenfield Băneasa in Bucharest have received BREEAM Excellent certification, following an a ...
A green office is more than a certificate
Wrocław Fashion Outlet cuts energy usage by 14 pct
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
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 October and Expo Real edition of Eurobuild is now out!
In this issue, hot off the press in time for Expo Real in Munich, the cover story is an interview with Ugo Giordano and Katarzyna Rzetecka, who are le ...
The June issue of Eurobuild is now out!
This sporting real estate life
Events
Will Poland dominate the AI market?
How will AI change the real estate business? Where are the best data centre sites in Poland? Will Europe be able to feed data centres the energy they ...
Get yourself connected with us at Expo Real!
JLL Charity Beach Volleyball Tournament on August 6th
Exclusive
Leading the renaissance of local investors
One of the more interesting Polish property investors to emerge on the local scene in recent years is Syrena Real Estate. This year, it added the Rena ...
The man from NASA
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
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
Green House Development launches pre-sales for final phase of Wave Świnoujście
Green House Development has launched pre-sales for Building C, the final phase of its Wave Świnoujście Thermal & SPA development. The building will fe ...
Accor to open Tribe hotel at Kraków Airport
Bucharest Hotel Market Set for Growth
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
Archicom raises PLN 385 mln in bond issue
Archicom, the residential developer subsidiary of Echo Group, has placed four-year bonds worth PLN 385 mln. Investor demand reached PLN 495 mln, equiv ...
Poland’s Retail Park Market Drives Growth in Portfolio Transactions
Commercial property investment hits EUR 680 mln
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
Hybrid work dominates in Poland
As many as 93 pct of organisations in Poland operate hybrid working models, while just 1 pct are fully remote, according to Colliers Define’s ‘Hybrid ...
Yareal moves into new Warsaw office
Tesco chooses Unity Square Two for its Kraków headquarters
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
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
RSJ and Na Jelenách plan 5,500 rental homes in Prague
Czech investment group RSJ and developer Na Jelenách have formed a strategic partnership to build a new residential district in southern Prague. The p ...
Nowa Tkalnia to open up Łódź’s industrial past
Skanska launches sales of 151 apartments in Prague
Retail & leisure
CH Osowa adds five new retail and entertainment concepts
Gdańsk’s CH Osowa shopping centre welcomed five new concepts in September and October, spanning gaming, collectibles, fashion and floristry. The new a ...
Ania Kruk opens store at Magnolia Park
BIG Konstantynów to open expanded retail park on 29 October
Technology
Skanska implements digital access control system at Studio A
Skanska has implemented a digital access control system at Studio A, an office building in Warsaw. The solution uses the company’s proprietary StudioA ...
Logicor brings smart metering to Polish portfolio
Singu takes over QRmaint
Warehouse & industrial
Ecologistics leases 44,500 sqm warehouse near Prague
Ecologistics, the Czech arm of logistics company Goodcang Holdings, has signed a long-term lease for an entire 44,500 sqm warehouse at EQT Park Prague ...
