CEE REGION In Q1, the residential sector topped the investment market in a single deal across the CEE region, according to Colliers International’s ‘CEE Investment Scene Q1 2020’ report. Offices maintained their position in the ranking (with a 27 pct share), closely followed by industrial and logistics (26 pct).
WORLD Savills, in its latest global sentiment survey of the impact of Covid-19, concludes that the outlook has improved slightly.
POLAND/HUNGARY Hungarian real estate company Cordia International has raised its stake in Polish residential developer Polnord to 92.92 pct.
CEE REGION Despite the turbulence surrounding the Covid-19 pandemic, the prospects remain good for certain segments of the CEE real estate market in terms of returns for investors, according to research by UBS Global Wealth Management.
SLOVAKIA Reico IS ČS has bought two modern industrial buildings with a total area of 45,000 sqm for EUR 30.6 mln in the PNK Park Sered’ complex near Bratislava.
POLAND CPI Property Group has announced that it has acquired a 50.3 pct stake in the Chałubinskiego 8 office tower in central Warsaw.
CENTRAL EUROPE Ronny Pecik has been appointed to the executive board for three years and to the position of CEO of Austrian real estate group Immofinanz, starting May 4th.
POLAND The total investment volume on the Polish real estate market in Q1 2020 came to almost EUR 1.8 bln, the second highest figure on record for the quarter, according to JLL.
POLAND Singapore-based alternative asset managers Elite Partners Capital has announced the first close of its pure play Elite Logistics Fund.
POLAND French investor Amundi Real Estate, on behalf of its managed funds, has completed the acquisition of the Nowogrodzka Square office building in central Warsaw from French developer Yareal.
POLAND Penta Real Estate has sold the D48 office building in Warsaw’s Służewiec business district to fellow Slovak company IAD Investments for an undisclosed sum.
POLAND Aurec Capital has completed the acquisition of the Puławska 186 project in Warsaw’s Mokotów district from Matexi Polska for more than PLN 100 mln.
POLAND Portfolio transactions have been increasing on the Polish retail market, according to real estate advisory Cresa’s recent ‘Retail Occupier Economics 2019’ report.
CEE REGION The Optimum Ventures Private Equity Fund, which is owned by the National Bank of Hungary’s fund manager Optima, has announced that it has entered into a conditional share purchase agreement to acquire Lone Star's majority shareholding in Globe Trade Centre S.A.
CENTRAL EUROPE Austrian-based real estate investor Immofinanz has decided to reschedule the 27th annual general meeting, originally planned for May 22nd, due to the Covid-19 pandemic.
POLAND Budimex’s net revenue from the sales of products and materials amounted to slightly more than PLN 6.9 bln in 2019.
CZECH REPUBLIC Generali Real Estate has acquired the Kotva department store in Prague for an undisclosed sum from Pražská Správa Nemovitostí (PSN) through its pan-European fund Generali Real Estate Asset Repositioning SA (GREAR). According to local media, the property changed hands for CZK 4 bln (app. EUR 150 mln), which would make it the largest real estate deal on the Czech market this year.
CENTRAL EUROPE Aareal Bank’s management board has resolved to suspend the payment of dividends for the 2019 and 2020 financial years at least until October 1st 2020.
POLAND Hines Poland Sustainable Income Fund (HPSIF), an investment fund managed by Hines Polska, has finalised the sale of a portfolio of six distribution parks and the Nord Point office building in Warsaw’s Białołęka district to CGL Investment Holdings Corporation Limited.
POLAND CDRL group, the owner of the Coccodrillo and Buslik clothing and accessories chains, generated record-high consolidated sales revenues of PLN 514.1 mln in 2019. This is an increase of almost 105 pct compared to the PLN 251.3 mln it earned a year earlier.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
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 ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
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 St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occ ...
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 ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
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 ...
7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the ...