EUROPE Warimpex Finanz-und Beteiligungs recorded a EUR 17.9 mln profit in H1, compared to a EUR 4.3 mln loss a year earlier. As the company explains, this can be attributed primarily to property sales, valuation gains and exchange rate gains.
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.
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.
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.
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.
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.
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.
HUNGARY The competition authorities (GVH) have approved the acquisition by Indotek of a number of shopping centres owned by the Klépierre group.
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.
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.
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 ...