Investment & finance
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Investment & finance
R22 invests in hotel platform
POLAND R22 has invested around PLN 30 mln in Profitroom for a 33 pct stake in the company.
Investment & finance
Vantage sold
POLAND TAG Immobilien group has bought all 48,561,706 shares of Wrocław-based developer Vantage Development.
Investment & finance
European construction rises
EUROPE In November 2019, seasonally adjusted production figures for the construction industry in the European Union increased by 1.1 pct m-o-m, according to Eurostat, the statistical office of EU.
Investment & finance
Prologis sees earnings drop
WORLD Prologis recorded net earnings of USD 1.567 bln in 2019, down from USD 1.643 a year earlier. Net earnings per diluted share were USD 2.46 compared with USD 2.87 in 2018.
Investment & finance
Galerija Centrs sale tops Latvian investment ranking
LATVIA The sale of the Galerija Centrs in Riga by Linstow to Baltic Horizon Fund topped the Top 10 largest real estate investment deals in 2019 in the country, according to Colliers International.
Investment & finance
M7 sells three Polish assets
POLAND British investor M7 Real Estate has sold two office buildings in Poznań and Zgorzelec Plaza in western Poland on behalf of its PVBRI vehicle.
Investment & finance
KGAL buys Prosta Office Centre
POLAND German investment and asset managment company KGAL has bought the Prosta Office Centre building in Warsaw’s Wola district from Cromwell Property Group for one of its real estate funds.
Investment & finance
South-African investor buys Obi stores
POLAND South-African investor Marr Holdings has bought two stores leased to DIY store OBI in Gdańsk and Łódź from Chariot Group.
Investment & finance
Weaker results for CCC
POLAND Polish footwear retail chain CCC revenues grew but its profits fell in Q4 2019, according to preliminary figures published by the company.
Investment & finance
Toshiba plant to open in Gniezno
POLSKA Toshiba Carrier Corporation is to invest around EUR 25 mln (over PLN 100,000 mln) in a HVAC manufacturing plant and distribution centre in Gniezno in Poland’s Wielkopolska region.
Investment & finance
Improved sales for LPP
POLAND Polish fashion group LPP generated PLN 483 mln of consolidated operating profit Q4 2019 – an 11 pct increase on the same period in 2018.
Investment & finance
UBM sells two hotels
POLAND Union Investment has signed a contract for the acquisition of two hotels that are currently under development: an Ibis Styles in Kraków and Mercure Katowice City Center.
Investment & finance
Etalon sells more
RUSSIA Etalon’s residential sales in 2019 reached a value of RUB 77.6 bln, up 13 pct y-o-y.
Savills IM advises caution
EUROPE/POLAND Savills Investment Management advises investors to concentrate on long term income streams in Europe because the company believes that occupier markets are now significantly weakening. Economic growth is slowing, while a number of geopolitical risks remain unresolved.
Investment & finance
UBM sells hotels in Katowice and Kraków
POLAND Union Investment Institutional Property has signed a forward purchasing agreement for two hotels in Katowice and Kraków, which it will acquire for its open ended real estate fund UII EuropeanM.
Investment & finance
Apollo-Rida to buy Cavatina park
POLAND Apollo-Rida Poland has signed a preliminary purchase agreement for the Equal Business Park in Kraków's Podgórze district. The complex being developed by Cavatina Holding will eventually have four buildings with a total of 60,641 sqm.
Investment & finance
Chinese buy into Amazon
POLAND Global real estate investment manager Invesco Real Estate has sold two Amazon distribution centres to Chinese investment company CGL Investment Holdings Corporation.
Investment & finance
House prices rise across EU
EUROPE House prices in EU increased by 4.1 pct in the year between Q3 2019 and Q3 2018, according to Eurostat, the statistical office of the European Union.
Investment & finance
PureGym takes on Fitness World
EUROPE UK Fitness operator PureGym has completed its takeover of Fitness World and is now has the second largest chain of gym clubs in Europe with 1.7 million members and over 500 branches across the UK, Denmark, Switzerland and Poland.
Investment & finance
Polnord moves closer to Cordia
POLAND The Office of Competition and Consumer Protection has received an application from Cordia International for approval to take control of Polnord.
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
Logicor opens Serenity Park in Mysłowice
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
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
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The October issue is now out!
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
The Accessibility Forum is just around the corner
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
Last day to register
PBSA enters the mainstream
Exclusive
More than machines
Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern war ...
The voice of the younger generation
EGLS enters the scene
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
Tourism set to boom around the Med
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last yea ...
Novotel comes to Croatia
Staycity to open first Aparthotel in Warsaw
Human resources
ULI announces new chairs
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
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
Centrum Południe sold
Skanska has sold the second stage of its Centrum Południe development in Wrocław for EUR 62 mln to a joint venture of Investika Real Estate Fund and B ...
DL Invest moves into data centres
Brain Park Building C sold
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
One now full
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
Aon stays for longer
Office investment set to reach 1.4 bln
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
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
AFI starts work on Home V Korytech
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Student Depot extended in Poznań
StudentSpace comes to Warsaw
Retail & leisure
Rock Park Tarnobrzeg to open December 15th
Construction of the Rock Park Tarnobrzeg retail and service complex, under development by Rock Capital, is entering its final stages with the opening ...
Westfield Černý Most now new and improved
Retail continues to grow
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
Cornerstone laid for Media Expert
Media Expert and Panattoni have laid the cornerstone for a distribution centre in Łódź. The new logistics hub will supply a network of over 600 brick- ...
