The value of Globe Trade Centre’s real estate portfolio is expected by the group to have decreased by app. EUR 74 mln in the three-month period ending December 31st, 2020 – a decline of 3.4 pct on the appraised value of EUR 2.161 bln at the end of September.
The real estate investment volume for 2020 in the main CEE countries is expected to reach EUR 9.4 bln, a third down on last year’s figure, according to Cushman & Wakefield.
Viennese real estate investor Galleon Capital Management (GalCap) has acquired the Koszykowa 54 office building in central Warsaw from the UBS Real Estate Kapitalanlagegesellschaft fund for an undisclosed sum.
Penta Real Estate has sold the Churchill Square office complex in Prague to a joint venture between Českomoravská Nemovitostní (ČMN) and Middle Eastern investor Corporate Finance House Group (CFH) for more than CZK 4 bln (app. EUR 152 mln).
MIRA Real Estate, which includes the former GLL Real Estate Partners, has continued to expand its presence in logistics real estate with more than EUR 300 mln in European transactions agreed over 2020.
Aareal Bank has arranged and underwritten the EUR 403.5 mln refinancing of two logistics and industrial parks in the Czech Republic on behalf of CTP.
Closed-ended real estate investment fund Lords LB Special Fund II has sold SEB Bank’s headquarter building in Vilnius to DEREIF SICAV FIS, which is managed by Luxembourgish asset and investment specialist REInvest Asset Management.
This year’s total commercial property investment volume in Poland is likely to be around EUR 5.5 bln, a 30 pct decrease year-on-year, according to the latest figures from Savills.
The Polish Development Fund (Polski Fundusz Rozwoju - PFR) has issued debt securities with a nominal value of PLN 500 mln, which have been fully subscribed by the European Investment Bank (EIB).
The first three quarters of 2020 across the CEE saw a 37.5 pct decrease in overall office investment volumes compared to the same period of 2019, according to figures published by Colliers International.
Austrian-based real estate company S Immo is to acquire the Campus 6.2 and 6.3 office buildings in Bucharest from Skanska for an undisclosed sum.
AFI Properties has signed an agreement to acquire T-Mobile Office Park in Warsaw for around EUR 100 mln.
Česká Spořitelna bank has provided a refinancing loan to the Accolade Industrial Fund worth CZK 2 bln (app. EUR 76 mln) while Slovenská Sporiteľňa bank is helping the fund with its expansion in Slovakia.
Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.
TDJ is to purchase the 30,157,629 outstanding shares in PGO for PLN 1.25 a share, which represents a 9.6 pct premium on the six-month average price.
Apleona is to be acquired by French private-equity company PAI Partners from Swedish-based investment company EQT.
The government has announced its Voluntary Acquisition Programme (PDN) for purchasing the land on which the Port Solidarność, airport and transport hub is to be built. Those wishing to sell land within the designated area should apply to public company CPK. Land purchases are expected to continue until 2023.
Globe Trade Centre’s Hungarian subsidiary, GTC Real Estate Development Hungary, has issued 792 senior unsecured ‘green bonds’ with a nominal value of HUF 50 mln each (app. EUR 140,000) and a total value of HUF 39.6 bln (app. EUR 110 mln).
By the end of the year, the Polish economy is expected to have contracted by 3-3.5 pct compared to 2019. Nevertheless, Poland’s GDP is expected to start growing again in 2021 and expand by around 4 pct in 2021, according to Cushman & Wakefield.
Cordia has applied to buy all the outstanding shares in Polnord in a public tender.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
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 ...
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 ...
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 ...
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.
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 ...
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.
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 ...
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.
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 ...
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 ...
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 ...
Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
M Core subsidiary LCP Poland has signed a contract to purchase five retail park projects with a combined area of almost 34,000 sqm from PKB Inwest Bud ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Croda Poland, a company that supplies specialist chemicals for the production of medicines, cosmetics and household chemicals will lease over 510 sqm ...
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 ...
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 ...
Speedwell has been granted a loan of PLN 100 mln by BNP Paribas Bank Polska to develop its Milestone Warszawa Mokotów project. This will be the first ...
M Core subsidiary LCP Poland has officially opened M Park Ropczyce 35 km from Rzeszów.
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 ...
Garbe Industrial Real Estate Poland together with Wood & Company Logistics Sub Fund will develop Garbe Park Gliwice in an investment of EUR 50 mln.