RUSSIA Total real estate investment volume in Russia in 2018 could be around USD 3.5 bln, according to JLL, with part of the decline being due to Russia's deteriorating relations with the US.
EUROPE Immofinanz has sold its 26 pct stake in CA Immobilien Anlagen (CA Immo) to a subsidiary of the Starwood Capital Group.
Investment & finance
POLAND Zeitgeist Asset Management has purchased an office building at ul. Solec 22 in Warsaw, which it intends to convert into student halls.
Investment & finance
POLAND Harmony Office Center II, which is a complex of three office buildings on ul. Żaryna in Warsaw's Mokotów district, has been acquired by the Catalyst Core Plus European Property Fund (CCPEPF) managed by Catalyst Capital for an undisclosed sum.
Investment & finance
HUNGARY Bluehouse Capital has sold Margit Palace in Budapest to the Adventum Trium real estate fund for an undisclosed sum. The deal was brokered by CBRE.
EUROPE The total real estate investment volume in Europe reached EUR 97 bln in the first half of the year, according to Savills.
POLAND The Office of Competition and Consumer Protection [UOKiK] has reported that Chopin Airport Development intends to purchase all the shares of Residence Management from Qualia Development.
Investment & finance
POLAND Metro Properties, the real estate subsidiary of Metro AG, has sold a property in Poznań with a retail building under a long term lease to Castorama to French investor Corum Asset Management for EUR 20.3 mln.
EUROPE German retailer Metro has decided to sell its hypermarkets in order to focus on wholesale and e-commerce.
ROMANIA Crosspoint Real Estate, the local partner of Savills in Romania, has brokered the sale of a land plot in Bucharest’s Obor in a deal worth EUR 2 mln for the construction of an 8,000 sqm residential project.
Investment & finance
POLAND Three Polish cities have been listed in CBRE’s latest “EMEA Tech Cities” ranking, which identifies the largest technology clusters in the EMEA region.
Investment & finance
POLAND Globalworth has recorded a 135 pct growth of net operating income to EUR 51.7 mln in the first six months of 2018.
EUROPE Immofinanz has signed the purchase agreements for 19,499,437 bearer shares in S Immo, which represent a stake of roughly 29.14 pct.
POLAND Regulations have come into force on governmental support for industry.
Investment & finance
HUNGARY Futureal Group has been granted a EUR 150 mln from UniCredit and Erste Group to finance the the development and long term operations of the Etele Plaza shopping centre next to the Kelenföld railway station in Budapest.
POLAND Polinvest 9, a subsidiary of Italian-based 21 Partners group, wants to purchase a 50 pct stake (50 shares) in Reesco.
CEE REGION Over H1 2018, GTC refurbished two buildings (21,600 sqm) in its Green Heart project (formerly known as GTC Square), completed its White House (21,500 sqm) development in Budapest and purchased the Mall of Sofia as well as Sofia Tower. At the end of the period, the company had four projects under construction with 85,000 sqm gla to be completed in 2019 and had plans to start a further three projects this year with a combined 90,000 sqm gla.
POLAND CDRL, the owner of the Coccodrillo children's clothing chain, has recorded a consolidated net profit in H1 of PLN 8.8 mln, which compares to PLN 2.9 mln in the same period of the previous year.
Investment & finance
POLAND Hines has sold the Proximo II building at ul. Przyokopowa 26, which was part of the Hines Russia & Poland Fund portfolio, to the CS Nemovitostní Fond (CSNF), managed by the REICO investment company of Česká spořitelna (REICO IS ČS).
POLAND Castorama is buying land next to the Libero mall, which is being built in Katowice.
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 ...
Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, nex ...
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 ...
The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehou ...
