EUROPE In the first quarter of the year Atrium European Real Estate saw 1.2 pct drop in net rental income to EUR 46.2 mln, on the EUR 46.8 mln recorded for the first quarter last year.
POLAND Industrial and retail developer Biuro Inwestycji Kapitałowych (BIK) increased its revenues by 8 pct to PLN 19.2 mln in 2018. The company has also announced the development of more logistics facilities.
POLAND Ghelamco Poland has completed the sale of the Wronia 31 office building in Warsaw’s Wola business district to the Encore+ fund managed by LaSalle Investment Management.
POLAND Echo Investment has issued unsecured bonds worth a total of PLN 100 mln under a PLN 1 bln Bond Issue Programme organised with Mbank.
POLAND Globalworth Holding has begun the delisting of Globalworth Poland Real Estate from the Warsaw Stock Exchange. The delisting of the Polish subsidiary, which is 99.6 pct owned by Globalworth Holding should be completed by the end of the year.
POLAND Globalworth has signed a conditional agreement to acquire Retro Office House in Wrocław and Silesia Star in Katowice for EUR 113.2 million. The contracts should be finalised in July.
HUNGARY Futureal residential developer Cordia has signed loan agreements worth EUR 86.6 mln with OTP Bank, Takarék Group and Sberbank in order to finance five residential developments in Budapest.
POLAND EPP has raised ZAR 1.45 bln (app. EUR 90 mln) for the second tranche of its acquisition of the portfolio of M1 shopping centres (also known as the Chariot portfolio) across Poland.
EUROPE Over the 2018 financial year, Deutsche Hypothekenbank generated an operating profit of EUR 74.7 mln, representing a 19.1 pct increase on the previous year.
POLSKA Biuro Inwestycji Kapitałowych has signed preliminary with American fund manager Exeter Property Group for the sale of Śląskie Centrum Logistyczne in Sosnowiec and Centrum Logistyczne Kraków II.
POLAND Lower Silesian developer has announced that it has found a party interested in buying two office complexes.
CZECH REPUBLIC Revetas Capital Fund II has sold the A7 Office Center building in Prague’s Holešovice to Czech investor Conseq.
POLAND GLL Real Estate Partners has completed the acquisition of Biura przy Bramie, which is the first building of Echo Investment’s Browary Warszawskie mixed-use complex in Warsaw’s Wola district. The property was sold for EUR 76.8 mln.
POLAND The Ministry of Entrepreneurship and Technology has examined the impact of Sunday trade restrictions on the retail sector and recommends no changes to the current plan of introducing a total Sunday trading.
POLAND The Polish Office of Competition and Consumer Protection (UOKiK) has received an application for the concentration of subsidiaries of the Panattoni group and Ipopema Securities.
BALTIC STATES All the economies of the Baltic states maintained their growth last year and the rises look set to continue into 2019. Around 900,000 sqm of new commercial space is now planned to be delivered across all three Baltic capital cities, according to the latest report by Colliers International.
EUROPE Northern Horizon Capital., the managers of the Baltic Horizon Fund, has raised EUR 20.5 mln in a private placement. The placement, which targetted institutional investors in select European countries, was announced on February 25th and closed on April 11th 2019.
CZECH REPUBLIC Czech retail specialist DBK has acquired a majority stake in Europark Štěrboholy in Prague 10 from Austrian developer SES Spar European Centers for an undisclosed sum.
POLAND M7 Real Estate has announced that it has finalised the acquisition of three office assets in Poland in separate transactions for a total of EUR 45 mln, constituting the first tranche of capital deployed for the M7 Polish Active Fund.
POLAND Generali Real Estate, on behalf of its Generali Europe Investments Holding (GEIH) Fund, has acquired the Piękna 2.0 office building on ul. Piękna in central Warsaw from SO SPV 57 – an investment fund advised by Griffin Real Estate.
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 ...
GTC, together with PAUL Tech AG, has announced a strategic partnership to sustainably upgrade GTC’s residential portfolio in Germany. Nearly 4,800 res ...
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 saw a revival in the investment market. However, the 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 ...
Three years after the pandemic, employee disinterest remains a barrier to a widespread return to the office. Data from Colliers, obtained in collabora ...
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.
Construction work on the Andersa retail park has begun at the intersection of ul. Andersa and ul. Okulickiego in Gliwice. Already, the centre is nearl ...
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 leased around 2,500 sqm in P3 Wrocław City.