Investment & finance
RSSMore Cromwell in CPRF
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.
Trei picks up steam
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).
Investment & finance
Moore Stephens merged into TPA Poland
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.
High FDI in CEE
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.
Investment & finance
FLE buys Metro cash & carry portfolio
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.
Investment & finance
Orange buildings now part of the Zeitgeist
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.
Investment & finance
Record price for Grzybowska plot
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.
July’s top five global deals
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.
LC Corp buys plot for Wrocław offices
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.
Marvipol buys Służewiec plot
POLAND Marvipol Development subsidiary Joki has finalised the acquisition of a 2.6 ha plot on ul. Bokserska in Warsaw’s Służewiec district.
Green light for Sotheby’s acquisition
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.
Investment & finance
Investment sites still in demand
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.
Investment & finance
Kraków Old Town building for sale
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.
Warimpex in the green
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.
Investment & finance
EUR 52 mln loan for Warburg
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 investment to exceed EUR 3 bln
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.
Patisha changes hands
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 outperforming the rest of the 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.
Echo granted EUR 65 mln loan for Face2Face
POLAND Bank Pekao has granted Echo Investment a EUR 65 mln loan for the construction of the Face2Face Business Campus office complex in Katowice.
Investment & finance
EPGC fails in Metro takeover bid
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.
Categories
Architecture and urban planning
Praga to tower up over Warsaw
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
ULI releases New Urban Poland report
Plans created for Airport City around CPK
Construction
Budimex to rebuild the I/43 Road
Budimex has begun reconstructing a more than 2-kilometre section of the I/43 road near Černá Hora in the Czech Republic. The CZK 250.2 mln contract (E ...
Budimex to complete Bydgoszcz hospital expansion
Berger Bau to modernise Wrocław police headquarters
Coronavirus
Vaccination centre provided by Globalworth
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Employers in no rush to return to workplaces
Catella sees hope and chances for real estate after Covid-19
Corporate social responsibility
Not only for horses
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Panattoni sticks to the fairway
Colliers ends operations in Russia, Belarus
Data centres
Hillwood moves planned data centre further from homes
Hillwood Polska has revised plans for its planned data centre campus in Reguły, in the Michałowice municipality. Following feedback from local residen ...
Poland to benefit from data centre realignment
Data centres spread out across the region
E-commerce
This is the end
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 ...
Wildberries now growing in Ukraine
Wildberries growing in April
ESG
Signum Work Station earns WELL Health-Safety Rating
Signum Work Station, an office building on Domaniewska Street in Warsaw, has received the WELL Health-Safety Rating from the International WELL Buildi ...
EPP meets 2030 emissions reduction targets ahead of schedule
PAD RES launches 24 MW solar farms in Koszalin district
Eurobuild Awards
New venue and date for the Eurobuild Awards Gala!
The 16th Eurobuild Awards Gala is now on the horizon! And there has been a CHANGE OF DATE AND LOCATION. The Gala will now take place on December 8th, ...
All the winners of the EurobuildCEE Awards 2025!!
The winners of the Eurobuild Awards 2024!
Eurobuild FM
The power of community
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
A breath of fresh air from France, or comments from Cannes part 3
A breath of fresh air from France, or comments from Cannes part 2
EurobuildCEE
The June issue of Eurobuild is now out!
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
This sporting real estate life
The May issue of Eurobuild is now out!
Events
JLL Charity Beach Volleyball Tournament on August 6th
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
Three days of lakeside cycling: EQT on the Move
Let's play volleyball again
Exclusive
The man from NASA
Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Pol ...
Strengthening our presence – Wolfgang Molnar of Erste Group Bank
Experienced and out-of-the-box – Josef Malíř of SCF
Eye to eye
Eye to eye… with Władysław Grochowski
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.
Eye to eye… with Paweł Sapek
Eye to eye with… Daniel Bienias
For Ukraine
Nansen Refugee Award goes to Poland!
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 ...
Build Europe supports refugees and appeals to European Commission
Former Russian building to house Ukrainian refugees
Green projects
EIB grants CTP solar-powered €200m loan
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 ...
Cromwell granted €66m green loan for Janki
Pad Res to build 2 PV farms in Pomerania
Hotels
Accor to open Tribe hotel at Kraków Airport
Accor has signed a franchise agreement for the Tribe Kraków Airport hotel. Located next to the airport terminal, the 170-room property is scheduled to ...
Bucharest Hotel Market Set for Growth
Bob W to open fifth Tallinn property at Krulli Quarter
Human resources
Ghelamco reshuffles management team in Poland
Agnieszka Ciupak has been appointed managing director of Ghelamco in Poland. She joins Przemysław Dąbrowski, Jakub Kutzmann and Krzysztof Gozdecki as ...
Leadership change at Nepi Rockcastle
Change at the top for ULI Europe
Infrastructure
Port Polska and Kielce plan cargo terminal
Port Polska and the City of Kielce have signed a letter of intent covering plans for a cargo terminal in Obice, near Kielce. The centre would handle b ...
New railway station planned for Łapy
EUR 54 bln worth of contracts to be awarded for Port Polska in 2026
Interior design
ING Hubs Poland opens new HQ in The Form
ING Hubs Poland is officially moving into its new headquarters in The Form office building in Warsaw’s Wola business district. The more than 6,000 sqm ...
New food hall in Poznań
New look for Eurocentrum lobby
Investment & finance
Vilea joins Christie’s luxury property network
Vilea Property Boutique has become the exclusive Christie’s International Real Estate partner in Poland. The partnership brings the Polish firm into t ...
PGIM sells data centre development
Mint rezidenční fond buys 306 apartments in Prague
Land acquisitions
Panattoni enlarges its Swedish portfolio
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
CTP purchases land in Kragujevac
CTP secures major brownfield site
Material partner
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Nordbygg 2024: Many innovations and strong interest
Excellent Fern at Off Piotrkowska
Office & mixed-use development
Full façade closure for second stage of H2Offices
The façade is now fully closed at Skanska’s H₂Offices Phase 2 in Budapest, while roof waterproofing is also complete. The building is now weather-tigh ...
Łódź City Council to move to University Business Park
Unimot renews lease in DL Jagiellońska 1
Property and Facility Management
ISS takes over technical management of Axis in Kraków
ISS has taken over the technical facility management of Axis, an office building in Kraków owned by French fund Corum XL. The company is providing tec ...
Savills takes on TFI PZU retail portfolio
JLL takes on Equal Business Park
Public buildings
Prague 14 begins construction of primary school in Jahodnice
Prague 14 has begun construction of a new primary school in Jahodnice. The school, at U Hostavického potoka Street, will accommodate 540 pupils, with ...
Construction begins on emergency care unit at Prague’s Thomayer University Hospital
Dekpol to redevelop the Poznań Palm House
Residential
Mill-Yon launches sales at Osiedle Brzechwy in Pruszków
Mill-Yon has launched sales at Osiedle Brzechwy in Pruszków. The development will comprise five four-storey buildings with 289 apartments ranging from ...
OKAM brings SiDLY telecare to PRESTIA senior residences
Dantex plans Nurt residential project in Wilanów
Retail & leisure
Xtreme Fitness Gyms to open at Gemini Park Tarnów
Gemini Park Tarnów is adding a new fitness and leisure concept. Xtreme Fitness Gyms, Poland’s largest fitness club network, will join the centre’s ten ...
Castorama Studio Projektowe opens in Galeria Świdnicka
Retail parks strengthen their position in Poland
Technology
Singu takes over QRmaint
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Łukasiewicz Research Network opens technology laboratory
Skanska installs NHIB in Studio A
Warehouse & industrial
Phoenix Pharma stays with Segro
Phoenix Pharma Polska has renewed its lease at Segro Logistics Park Warsaw, Pruszków, where it occupies 8,635 sqm of warehouse space and around 700 sq ...
