ROMANIA Plaza Centers has announced that it has signed a pre-agreement to sell a plot in Brașov to an undisclosed purchaser for a total of EUR 620,000, representing a slight increase on the property’s book value.
EUROPE The fourth quarter of last year brought large increases in rents for the office and industrial sectors across Europe, while retail rents dropped slightly, according to Cushman & Wakefield’s latest DNA of Real Estate report.
CEE REGION Last year, Investment markets in the CEE region recorded a volume of EUR 13.8 bln up 5 pct y-o-y, states Colliers International in its latest “Outlook 2019: Climbing at the altitude” report.
POLAND Warsaw city council has agreed to an investment subsidy of PLN 180 mln for the construction of the Museum of Modern Art near the Palace of Science and Culture (PKiN) on pl. Centralny (pl. Defilad).
POLAND Mercedes-Benz Cars is to build an electric cars battery plant in Jawor in Lower Silesia.
POLAND Singaporean investor Mapletree Investments is to acquire the West Station office complex in Warsaw.
RUSSIA PPF Real Estate has completed the EUR 171 mln aquisition of the Nevsky Centre mall in St Petersburg from Stockmann.
CZECH REPUBLIC Austrian real estate investor Immofinanz has acquired a 50 pct stake in the Na Příkopě 14 building in Prague city centre from former investment partner Lordship to become the sole owner. The value of the transaction has not been disclosed.
POLAND TAN Poland, a company managed by Zeus Capital Management, has acquired the Graffit office building on ul. Domaniewska in Warsaw’s Mokotów district.
POLAND A consortium of three banks has provided a construction loan of over EUR 131 mln in to Golub Gethouse and Mennica Polska for the Mennica Legacy Tower project.
HUNGARY AEW has bought an 3,000 sqm mixed-use building on Vörösmarty tér in the centre of Budapest for around EUR 18 mln.
POLAND Wielkopolski Bank Spółdzielczy has granted Murapol a two-year loan worth PLN 26 mln to refinance the purchase announced in October 2017 of the perpetual usufruct of a plot at ul. Cybernetyki 15 in Warsaw’s Służewiec district.
EUROPE CCC has obtained competition approval in Germany and Austria to acquire an almost one third stake in German footwear retailer HR Group.
POLAND Griffin in partnership with PIMCO has acquired a 70 pct stake in Chojnice-based Polcom group, according to Puls Biznesu.
CZECH REPUBLIC Cromwell Property Group has completed the sale of the Pohořelice Industrial Park to an undisclosed buyer for an undisclosed sum.
POLAND Karuzela Holding has sold Mitiska REIM-managed funds FRI1 and FRI2 a 50 pct stake in four shopping centres.
POLAND A King Cross, which recently bought a marina in Sztynort, has now bought a hotel project on ul. Postępu in Warsaw’s Służewiec district.
EUROPE The real estate advisor predicts that prime offices will continue to be the “top pick” for core investors, in particular in Germany, the Southern European cities as well as the Central and Eastern European markets. Value-add investors could focus on transport and storage, mainly in Poland, Czech Republic and Romania, while redevelopments and new developments are the main routes to higher returns, according to the international real estate advisor.
UKRAINE Stolitsa Group subsidiary Martin has been granted a development loan for its Retroville shopping and office centre which is under construction in Kyiv with the developer having previously appointed Polish-based company Unibep in October as the general contractor.
POLAND Sonae Sierra has acquired a 50 pct stake in Balmain Asset Management Group’s Central European platform, which is now to be a joint venture called Sierra Balmain.
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. Almost 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 ...
Adventum International, through its acquisition of four industrial properties in Poland, has launched its new Adventum Industrial fund, a sub-fund of ...
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, according to research by Colliers, obtain ...
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 junction of ul. Andersa and ul. Okulickiego in Gliwice. The centre is already almost ful ...
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.