Investment & finance
RSS
Investment & finance
Immofinanz stokes merger rumours with new CEO
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.
Investment & finance
Record Q1 for Polish investment volumes
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.
Investment & finance
Elite closes first fund with Polish acquisition
POLAND Singapore-based alternative asset managers Elite Partners Capital has announced the first close of its pure play Elite Logistics Fund.
Investment & finance
Amundi enters Poland to buy Nowogrodzka Square
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.
Investment & finance
Penta sells D48 offices to IAD
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.
Investment & finance
Aurec acquires PRS tower in Warsaw
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.
Retail portfolio deals continue to grow
POLAND Portfolio transactions have been increasing on the Polish retail market, according to real estate advisory Cresa’s recent ‘Retail Occupier Economics 2019’ report.
Investment & finance
Optima to take over GTC
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.
Immofinanz moves AGM to October
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.
Ups 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.
Conferences
Schedule 2025
9. The 9th Suits on Bikes Ride
The 21st CEE Warehouse & Logistics Conference
Data Center – Real Estate, Technology, Investments
31st Polish Commercial Real Estate Market Conference
The 15th Central & Eastern Europe EurobuildCEE Awards 2025
Magazine
Editions arrow_forward
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
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
LightOn with Outstanding design
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 ...
Gold for Polona 68
Six buildings certified
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 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
EurobuildCEE
The June issue of Eurobuild is now out!
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 ...
The May issue of EurobuildCEE is out now!
Time to read Eurobuild's spring issue!
Events
Race'N'Raise supports rural children's education
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.
CPK arises
Back to the Future Conference
Exclusive
Demand for PBSA continues to accelerate
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 ...
More than 15 minutes of fame
Capitalising on the landlord's market
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
Five new board members at JLL
Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.
A change of guard at Eurobuild
Changes at the helm of Dom Development
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
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
PKO grants Echo EUR 27 mln loan
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 ...
M Core buys five new parks
Studenac granted EUR 300 mln in financing
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
Croda enters Unity Square One
Croda Poland, a company that supplies specialist chemicals for the production of medicines, cosmetics and household chemicals will lease over 510 sqm ...
Vilharia 75 pct commercialised
Equilibrium 2 awarded WiredScore Platinum certification
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
PLN 100 mln for Milestone Warszawa Mokotów
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 ...
Zeitraum – Racławicka to open for next semester
Noli Studios Gdansk Old Town unveiled
Retail & leisure
Retail park to be constructed in Żory
The largest retail park in Upper Silesia is to be built in Żory on a 6 ha brownfield site of a former brickyard.
M Park opens in Ropczyce
Sixteen brands enter the market
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
WPIP to build for CTP
WPIP Construction has signed a contract with CTP to construct two buildings and extend industrial facilities in Opole and Zabrze. The contract also in ...
