POLAND/HUNGARY Globe Trade Centre has announced that it has received approval from the Polish anti-trust authorities for its takeover by Optimum Ventures Magántőkealap.
POLAND Budapest/Malta-based investment fund manager Adventum International has acquired the Centrum Orląt office building in Wrocław from EFL Service for an undisclosed sum.
EUROPE European real estate investment activity is set to plummet by 50 pct before rebounding sharply within the next 12 months, according to Savills.
POLAND Stockholm-based real estate investor and fund manager Europi Property Group has acquired a 12.31 pct stake in Polish office and mixed-use developer Capital Park.
POLAND Reino Capital has announced in a statement to the Warsaw Stock Exchange that Australian investor RF Corval has pulled out of the two companies’ PLN 1.3 bln joint buy-out of Polish developer Buma.
CZECH REPUBLIC The Nemo real estate fund has acquired the Mezi Vodami 31 office building in Modřany in Prague 12.
HUNGARY Hungarian real estate group Wing has raised HUF 54.7 bln (app. EUR 156 mln) from a bond auction, according to a communiqué posted on the Budapest Stock Exchange website.
EUROPE Immofinanz is expecting a devaluation of its standing assets of EUR 45 mln due to the Covid-19 pandemic.
CZECH REPUBLIC Czech industrial developer Contera Management has secured a syndicated loan from ČSOB and Komerční banka of EUR 155 mln.
POLAND Beirut-based FFA Real Estate has bought the Młodziejewski Palace (Pałac Młodziejowskiego) in Warsaw from German investment fund Patrizia for an undisclosed sum.
EUROPE Finnish industrial equipment supply company Metso Corporation has been granted a EUR 100 mln, two-year term loan from Nordea Bank, to help prepare for the impact of the Covid-19 pandemic on its business. The loan is expected to be drawn soon.
SLOVAKIA/POLAND Slovakian developer Penta Real Estate has closed the sale of three office buildings since the beginning of the year.
CEE REGION Atrium European Real Estate has reported a 21.4 pp fall in net rental income for Q1 2020.
EUROPE The sudden slowdown in real estate investment in March after the onset of the Covid-19 pandemic along with the sharp upturn in withdrawn transactions are signals of a significant shrinkage in activity ahead of us – according to Real Capital Analytics’ ‘European Capital Trends’ report for Q1 2020.
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.
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 ...
Echo Investment has been granted over EUR 27 mln to develop its Swobodna Spot project in Wrocław by PKO Bank Polski. The funds include a construction ...
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 ...
The largest retail park in Upper Silesia is to be built in Żory on a 6 ha brownfield site of a former brickyard.
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 ...
WPIP Construction has signed a contract with CTP to construct two buildings and extend industrial facilities in Opole and Zabrze. The contract also in ...