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
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
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
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
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
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.
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
POLAND Development company Echo Investment has recorded a net profit PLN 300 mln for the full-year of 2019.
Investment & finance
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
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
POLAND CPI Property Group has bought the Moniuszki 1A office building in Warsaw.
EUROPE The board of directors of H&M has proposed to the 2020 annual general meeting that the company will not pay a dividend.
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
POLAND EPP has announced that it intends to sell its three remaining office buildings.
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
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
POLAND Robyg has applied to the Polish competitions authorities to take over Wrocławskie Przedsiębiorstwo Budowlane.
Investment & finance
POLAND Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for EUR 98 mln.
Investment & finance
Swiss Pillar Investments Europe has applied to the Polish competition authorities to buy five warehouse parks from AEW.
Investment & finance
POLAND MLP Group has purchased 20 ha at ul. Ofiar Terroryzmu 11 września in Łódź where it will construct MLP Łódź.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Prologis has signed an agreement to purchase a warehouse of around 17,500 sqm in a sale and leaseback agreement with logistics operator DSV. The build ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
According to the ‘Office Occupier – Office Market in Regions’ report published by Newmark Polska, the first quarter of 2026 saw relatively low occupie ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
The Napollo Group has appointed Kalter as the general contractor for a residential project. In the first stage of the Mono estate, two buildings are t ...
The commercialisation of the BIG Konstantynów centre, developed by Acteeum Group and BIG Poland, is drawing to a close. One of the latest tenants to b ...
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
DPD Polska is to expand its operations in Hillwood Ruda Śląska. The tenant has expanded its 13,200 sqm lease by an additional 4,700 sqm with Hillwood ...