Investment & finance
POLAND Leading Cities Invest, a fund managed by the KanAm Grund Group, has purchased the Renaissance Building in Warsaw from a fund managed by GLL Real Estate Partners.
LATVIA/LITHUANIA/ESTONIA The combined real estate investment volume in the Baltic states last year totalled EUR 810 mln according to figures published by Newsec in its “Baltic Investment Outlook 2019” report.
Investment & finance
POLAND Wasz Sklep Spar, a subsidiary of the Spar Group has signed a purchase agreement for a majority stake in the financially troubled Piotr i Paweł grocery chain from funds managed by TFI Capital Partners.
POLAND LPP group has registered a 15.7 pct increase in sales to PLN 1.8 bln for Q1 this year. This year the company is targeting online sales in excess of PLN 1 bln with a single online store for the entire EU as well for Ukraine and has plans to debut in Finland.
POLAND VD Invest from the Vantage Development group has finalised the sale of the Delta 44 office building in Wrocław for PLN 28.7 mln.
Investment & finance
CZECH REPUBLIC An investment trust fund established by Korean investor Hana Alternative Asset Management and Polish property manager White Star Real Estate has bought the Rustonka office centre in Prague’s Karlín district from J&T Real Estate for an estimated CZK 4.2 bln (app. EUR 163 mln).
Investment & finance
POLAND Savills Investment Management has finalised the acquisition for its Savills IM European Logistics Fund 2 of a 42,000 sqm logistics property in the Warsaw area.
POLAND Marvipol Development has purchased a number of developed plots in Sopot for PLN 27.7 mln net.
POLAND Innovation over the next few years will result in a better quality of life, lower labour costs, an improvement in the environment, and the saving of time and resources according to the ‘Women Write the Future’ report published by the Ladies First Business Leaders Association.
POLAND Przedsiębiorstwa Handlu Zagranicznego Baltona has announced that it received a letter from Flemingo Dutyfree Shop Private and Flemingo International on May 23rd, which announces the launch of a review of strategic options by Flemingo and Ashdod Holding, the two largest shareholders in the company.
Investment & finance
POLAND Polish Q Hotel chain has purchased the headquarters of the Law and Justice [PiS] party at ul. Nowogrodzka 84/86 in Warsaw.
Investment & finance
SLOVAKIA Yit Slovakia has bought a 3.9 ha plot in the Nivy area of Bratislava. The plot is the site of a former prefabricated concrete factory in the city’s Ružinov district.
LATVIA The Baltic Horizon Fund, managed by Northern Horizon Capital, has signed a preliminary agreement to buy all the shares of Tampere Invest SIA, which owns the Galerija Centrs shopping centre in Riga’s Old Town from Linstow for EUR 75 mln.
EUROPE Warimpex has regestered a EUR 11.8 mln profit for Q1 2019, which compares to a EUR 3 mln loss in the same period of the previous year. The company attributes the improvement to higher gains on property sales and exchange rate gains.
Investment & finance
POLAND/SLOVAKIA/CZECH REPUBLIC Focus Estate Fund has announced its plans to enter the Slovak market as well as to double the size of its current portfolio over the next two years.
EUROPE Immofinanz has recorded a rental income of EUR 65.2 mln in Q1 2019, up 10.5 pct y-o-y.
Investment & finance
POLAND Foreign investment in Polish cities is mainly dependent on their labour, their infrastructure, the availability of office space and how well the market supports local businesses according to the ‘Business Environment Assessment Study’ published by Antal, which examined the business environments of Warsaw, Wrocław, Poznań, Łódź, the Tri-City, Kraków, Szczecin and Lublin.
Investment & finance
POLAND The final sale agreement of the Cinema 3D cinema portfolio has been signed.
WORLD Cresa has completed the acquisition of Portfolio Solutions Group (PSG), a full service lease administration, accounting and abstracting services company, which is to be renamed Cresa Lease Administration (CLA).
Investment & finance
HUNGARY Futureal Group has sold its Advance Tower building to the Erste Real Estate Fund. The second stage of the same project could also be sold to the fund under a forward purchase agreement.
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 ...
