POLAND The Geo group has been granted a loan by Getin Bank to construct the Zdrowe Stylove residential estate on ul. Ceglana in Katowice.
POLAND Budimex has published its interim results for H1 2019. Operating profit was down for the at around PLN 111 mln (PLN 170 mln H1 2018).
POLAND Skanska has sold the Nowy Targ office project in Wrocław and the third and fourth buildings of the High5ive office complex in Kraków for EUR 214 mln to real estate funds managed by Credit Suisse Asset Management Global Real Estate.
POLAND Panova is to sell a retail park in Myszków for EUR 0.88 mln, having signed a deal for the sale of 100 pct of the shares in Panova Invest 3, the spv that owns the property.
CZECH REPUBLIC German asset fund KGAL has completed its first Czech acquisition – the Drn office building in Prague city centre for the Alternative Investment Fund (AIF) for an undisclosed sum.
POLAND In less than five years Mzuri CFI has raised more than PLN 50 mln through crowdfunding through almost 1,000 private small investors and it has set up over ten companies.
CEE REGION ICAMAP Investments has written a letter to Gazit Globe stating that it objects to the price offered for the remaining shares of Atrium European Real Estate and demands that the company be revalued before it will agree to sell its minority stake of 1.38 pct.
POLAND Cromwell Property Group has bought out the outstanding stake in its Cromwell Polish Retail Fund (CPRF) after exercising its right of first purchase to acquire the third-party investor interest in the fund.
WORLD Property developer and investor Trei Real Estate has announced an increase in its development volume to EUR 730 mln over the first half of 2019, up by EUR 45 mln since the end of 2018 (December 2018: EUR 685 mln). This represents a y-o-y rise of EUR 230 on the EUR 500 mln of H1 2018 (46 pct).
POLAND More than 60 tax, accounting and audit specialists so far employed by Moore Stephens Central Audit, are tojoin the Warsaw office of tax advisory TPA Poland, which has merged with the company.
CEE REGION According to data from Colliers International the Global Fortune 500 companies in the CEE region (Poland, The Czech Republic, Hungary, Romania, Slovakia and Bulgaria) are largely from the Automotive, Industrials, Food, Beverages & Tobacco, Telecom & Media and Transportation sectors.
POLAND/HUNGARY/CZECH REPUBLIC Vienna-based asset management company FLE has bought eleven stores under the Makro Cash & Carry brand in Poland and Hungary and under the Metro Cash & Carry brand in the Czech Republic from Metro Group in a sale and leaseback deal worth over EUR 250 mln.
POLAND Zeitgeist Asset Management subsidiary Hockley has bought a complex of six buildings on ul. Nowogrodzka in central Warsaw for EUR 81 mln from telecommunications firm Orange. The total area of the office and residential complex, which stands on a 1 ha plot, comes to 50,000 sqm.
POLAND Golub GetHouse is to pay PLN 54,014 PLN (app. EUR 12.362) net per sqm for a site at ul. Grzybowska 59 in Warsaw, which is likely to be the record paid for a construction plot in Poland.
WORLD Prologis’ USD 3.99 bln acquisition of Industrial Property Trust from Denver-based real estate investment manager and development firm Black Creek Group was the largest deal of July in the construction and real estate sector, as tracked by GlobalData.
POLAND LC Corp has bought a 5,400 sqm plot on ul. Kolejowa in Wrocław for almost PLN 32 mln, where it plans to build a new office building.
POLAND Marvipol Development subsidiary Joki has finalised the acquisition of a 2.6 ha plot on ul. Bokserska in Warsaw’s Służewiec district.
WORLD The European Commission has approved the acquisition of one of the world’s largest auction houses, Sotheby’s of the US, by Next Alt of Luxembourg.
POLAND Commercial land prices in Poland have been stable over the first half of 2019, while prices for residential sites are continuing their rising trend but at a slower pace, according to Colliers International.
POLAND Bank Pekao has put up for sale a listed tenement building at the junction of the Rynek Główny main square and ul. Szewska in Kraków’s Old Town.
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
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 ...
Panattoni has been awarded a Well ‘Gold’ certificate for the office section of a BTS project in Gliwice. This is the first such certificate awarded in ...
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 ...
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.
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 ...
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.
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 ...
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 hotel market in Bucharest continued its recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR has finally surpassed the milestone ...
Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists h ...
The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
After a moderate start to the year, Q2 brought a revival to the investment market. However, total transaction volume remains below the 2020 average, a ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Sonar Real Estate has taken over the commercial management of three office buildings in Düsseldorf's Medienhafen district. The total combined leasable ...
Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
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 ...
The Zeitraum – Racławicka student residence is to open in Krakow's Krowodrza district.
Commercialisation is underway for a retail park under development by Redkom Development in Białystok with around 14,000 sqm gla.
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 ...
DeFelt, a company that specialises in the use of PET felt for acoustics and interior design, has joined the tenants of P3 Wrocław City with a lease of ...