POLAND Savills Investment Management has completed the EUR 71 mln purchase, on behalf of Korean institutional investors managed by Vestas Investment Management, of a 123,000 sqm BTS logistics building developed by Panattoni in Piątek, 40 km north of Łódź. The seller was Invesco Real Estate.
POLAND Hungarian real estate group Wing has successfully acquired another 10.04 pct stake in Echo Investment in the latest stage of its buyout the Polish developer.
POLAND Polski Holding Nieruchomości has announced that its consolidated net profit for 2019 increased by over 40 pct to PLN 69 mln while its rental income increased to PLN 171.9 mln from PLN 160 mln in 2018.
POLAND CCC is planning a share issue and has announced that it is to raise the share capital of the company by 20 pct.
POLAND Development company Echo Investment has recorded a net profit PLN 300 mln for the full-year of 2019.
POLAND A joint venture of 7R and Hillwood has sold a warehouse building in 7R Park Kraków to GLL Real Estate Partners for an undisclosed price.
POLAND Capital Park has announced that Swedish group Europi Property has bought a 12.27 pct in the company (13,301,161 shares).
POLAND CPI Property Group has bought the Moniuszki 1A office building in Warsaw.
EUROPE The board of directors of H&M has proposed to the 2020 annual general meeting that the company will not pay a dividend.
EUROPE French nursing home and hospital operator Orpea Group recorded a 246 mln consolidated net profit in 2019, up 11.6 pct y-o-y. Its revenue increased 9.4 pct to EUR 3.74 bln. The number of beds across all its homes and care centres rose by 7,657 to 104,234 beds across 22 countries. Another 21,00 are under construction.
POLAND EPP has announced that it intends to sell its three remaining office buildings.
CEE REGION Immofinanz has said that temporary declines in rental income from the retail business due to the spread of covid-19 should be largely offset by the cost cutting programme it is currently implementing.
POLAND Banco Popular Español from the Santander group has sold two investment plots in Wrocław’s Psie Pole district and in Warsaw’s Miasteczko Wilanów to local businesses.
POLAND Robyg has applied to the Polish competitions authorities to take over Wrocławskie Przedsiębiorstwo Budowlane.
POLAND Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for EUR 98 mln.
Swiss Pillar Investments Europe has applied to the Polish competition authorities to buy five warehouse parks from AEW.
POLAND MLP Group has purchased 20 ha at ul. Ofiar Terroryzmu 11 września in Łódź where it will construct MLP Łódź.
EUROPE International shopping centre investor Unibail-Rodamco-Westfield has informed that it is reducing its non-staff expenses, deferring non-essential capital expenditure and is to make use of any relevant facilities or arrangements provided by various national authorities to assist companies through the crisis.
POLAND The Polish government has announced an economic stimulus package of PLN 212 bln to assist businesses and their employees during the Covid-19 crisis.
POLAND MLP Group has recorded a net profit of PLN 129.4 mln for 2019, up 40 pct year on year.
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 ...