Investment & finance
HUNGARY PBB Deutsche Pfandbriefbank has provided a EUR 52 mln investment and VAT loan to an open-ended special alternative fund managed by Warburg-HIH Invest Real Estate for the purchase of the White House office building in Budapest.
CZECH REPUBLIC The commercial real estate investment volume in the Czech Republic could exceed EUR 3 bln this year, according to Cushman & Wakefield. After a good H1, when EUR 1.74 bln in real estate was transacted, the market in the second half of the year is also expected to thrive.
POLAND Bulgarian civil engineering company Patisha AD has sold 90 pct of its shares to Zavodski Stroeji PS Pazardzhik, the oldest construction company in Pazardzhik region.
ROMANIA The Romanian real estate market has recorded good results for H1 2019, with more dynamic activity in the office and investment segments than in some of its neighbours in the CEE region, according to Colliers International Romania.
POLAND Bank Pekao has granted Echo Investment a EUR 65 mln loan for the construction of the Face2Face Business Campus office complex in Katowice.
Investment & finance
EUROPE EP Global Commerce, the Czech-Slovak holding controlled by Daniel Křetínský, has failed to reach the minimum acceptance threshold of 67.5 pct of its voluntary takeover offer for German retailer Metro AG.
EUROPE The Eurostat’s first estimate for the volume of exports from the euro area (EA19) to the rest of the world in June 2019 was EUR 189.9 bln, down 4.7 pct y-o-y.
CEE REGION Investment manager Letko Brosseau & Associates has declared its intention to vote against Gazit Globe’s buyout of Atrium European Real Estate, in which it controls a 2.4 pct stake making it the second largest shareholder in the company.
RUSSIA Etalon Group has completed the purhcase of the remaining 49 pct stake in residential developer Leader-Invest from Sistema for RUB 14.6 bln.
EUROPE Tallinn based Baltic Horizon Fund has increased its net asset value per unit to EUR 1.3451. As of the end of July the value increased by 0.52 pct m-o-m.
Investment & finance
EUROPE Office, retail and logistics rents increased in the second quarter of 2019 across the CEE region, according to the DNA of Real Estate report by Cushman & Wakefield.
Investment & finance
POLAND Immofinanz has sold a section of its Empark office development in Warsaw's Służewiec business district to Echo Investment. Prior to the deal, the Austrian investor had drawn up a concept design for a number of the buildings on the 1.17 ha plot to be pulled down to make way for a new residential development.
Investment & finance
POLAND Skanska has sold the second building that it is developing in its Nowy Rynek office complex in Poznań to Corum Asset Management for EUR 36 mln.
Investment & finance
CZECH REPUBLIC Wood & Company has acquired the Centrum Krakov mall in Prague. The sellers were the Syner Group as well as private investors Petr Syrovátko and Karel Zetka.
Investment & finance
HUNGARY The competition authorities (GVH) have approved the acquisition by Indotek of a number of shopping centres owned by the Klépierre group.
Investment & finance
RUSSIA Warimpex has completed its purchase of a 35 pct stake in AO Avielen, the SPV which is responsible for the development and management of the Airportcity mixed-use complex in St Petersburg, bringing its total stake in the project up to 90 pct.
ROMANIA Polish clothing group TXM, which is undergoing restructuring, has filed for the bankruptcy of its 100 pct Romanian subsidiary Adesso TXM Romania, based in Timişoara.
Investment & finance
POLAND Ghelamco has signed a loan agreement with PKO BP, Santander Bank Polska, Pekao and Towarzystwo Ubezpieczeń i Reasekuracji Warta for financing the construction of the 45-storey Warsaw Unit office development at Rondo Daszyńskiego in central Warsaw.
RUSSIA Etalon Group has signed a binding agreement to purchase the remaining 49 pct of the share capital of residential developer Leader-Invest from Sistema, a publicly-traded diversified holding company, for RUB 14.6 bln.
Investment & finance
POLAND Łódź city council has commissioned Deloitte to prepare analyses of the city's economic development programme and investment potential.
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 ...
