Investment & finance
RSSUps and downs for Budimex
POLAND Budimex’s net revenue from the sales of products and materials amounted to slightly more than PLN 6.9 bln in 2019.
Investment & finance
Generali buys iconic Prague department store
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.
Aareal suspends dividends
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.
Investment & finance
Hines sells warehouse portfolio and Nord Point
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.
Investment & finance
Record revenues for CDRL
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.
Investment & finance
Vestas buys Leroy Merlin hub for EUR 71 mln
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.
Investment & finance
Wing now holds two-thirds of Echo
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.
Investment & finance
Good year for PHN
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.
CCC to issue shares
POLAND CCC is planning a share issue and has announced that it is to raise the share capital of the company by 20 pct.
Investment & finance
Echo sees PLN 300 mln profit
POLAND Development company Echo Investment has recorded a net profit PLN 300 mln for the full-year of 2019.
Investment & finance
GLL buys another 7R warehouse
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.
Investment & finance
Swedes buy into Capital Park
POLAND Capital Park has announced that Swedish group Europi Property has bought a 12.27 pct in the company (13,301,161 shares).
Investment & finance
CPI takes Moniuszki tower
POLAND CPI Property Group has bought the Moniuszki 1A office building in Warsaw.
H&M cancels dividend
EUROPE The board of directors of H&M has proposed to the 2020 annual general meeting that the company will not pay a dividend.
Orpea keeps growing
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.
Investment & finance
EPP to clean house
POLAND EPP has announced that it intends to sell its three remaining office buildings.
Immofinanz to cut costs
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.
Investment & finance
Spanish owned sites sold off by bank
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.
Investment & finance
Robyg to take over Wrocław player
POLAND Robyg has applied to the Polish competitions authorities to take over Wrocławskie Przedsiębiorstwo Budowlane.
Investment & finance
Deka buys Generation Park Z
POLAND Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for EUR 98 mln.
Conferences
Schedule 2025
24th Eurobuild Golf Tournament
20th Eurobuild Summer Tennis Tournament
2nd Eurobuild Running Tournament
CPK – A NEW CHAPTER FOR POLAND AND THE COMMERCIAL REAL ESTATE MARKET
9. The 9th Suits on Bikes Ride
The 21st CEE Warehouse & Logistics Conference
31st Polish Commercial Real Estate Market Conference
The 15th Central & Eastern Europe EurobuildCEE Awards 2025
Magazine
Editions arrow_forward
Categories
Architecture and urban planning
Poznań with a green Aura
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Dutch-Czech team wins Dejvice contest
Alto launches Sky Park arch-comp
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
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
Six buildings certified
Six class A office buildings in the PRO Portfolio, which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U ...
Colliers qualifies as WELL Survey Provider
Nestlé House is Excellent
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
Eurobuild CEE
Keen students of the Polish scene – Xior Student Housing
As the PBSA sector finally takes off in Poland, it is now increasingly attracting international operators and investors. Eurobuild CEE spoke to Xior' ...
Time to read Eurobuild's spring issue!
March issue of "Eurobuild" out now!
Eurobuild FM
A breath of fresh air from France, or comments from Cannes part 3
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.
A breath of fresh air from France, or comments from Cannes part 2
Poland versus the West
Events
Back to the Future Conference
The Back to the Future conference, organised by Urban Land Institute Polska, will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W ...
Race to the top
Investors optimistic again
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
Romanian hotel market continues to recover
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 ...
Condo to be built on the Baltic
Marriott plans to expand Four Points by Flex portfolio
Human resources
Changes at the helm of Dom Development
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 ...
Savills has new CEO
New head of retail at Cushman & Wakefield
Infrastructure
Tunnel to be built under Baltic
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
Grand station in little Brzeziny
Ghelamco gets go-ahead for Gdańska
Interior design
Grainy effect for Viterra
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 ...
Mercedes-Benz stylish Prague office
Saski Crescent eco-friendly and smart
Investment & finance
Investment volume grows steadily
The total transaction volume for 2024 more than doubled in comparison to 2023, according to the latest report by Avison Young.
EUR 15 mln for City Point Okęcie
Massive rise in hotel transactions
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
Prices rise in Prague
Prime rents in Prague city centre reached EUR 30 in the first quarter of the year and the vacancy rate continues to decline, according to the latest r ...
Motorola renews at Green Office
Supply taps the brakes while take-up hits the gas
Property and Facility Management
Studio B under new management
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 ...
Cushman feels the Vibe
CBRE will rule in Skyliner II
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
All.inn to appear in Gdańsk
Torus has announced its All.inn students’ residence concept that is soon to appear on ul. Konarskiego in Gdańsk.
PRS growing rapidly in Poland
Mint lays out its growth plans
Retail & leisure
Bydgoszcz retail park to open 2026
Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz.
Mall Moldova now open
BIG Poland acquires Multishop Suwałki retail park
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
ALDI takes 43,000 sqm in CTPark Warsaw Emilianów,
CTP has signed a lease with discount chain ALDI for a 43,000 sqm central warehouse at CTPark Warsaw Emilianów, near Warsaw.
