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.
POLAND Plaza Centers intends to sell two properties in łódź where it was planning to build a residential and a retail project. The company announced the intended sale in its H1 2018 results summary.
POLAND EPP has registered a 12 pct rise in profit per share amounting to EUR 5.82 cents for H1 2018.
Investment & finance
POLAND Older buildings have outdated functions, different technical installations, and often have high level of vacancy, but they also represent significant opportunities and huge potential, told us Bartłomiej Uszkur, senior consultant at the investment department of Savills.
BALTIC STATES In Q2 2018, the Baltic Horizon Fund earned a net profit of EUR 2.26 mln (which compares to EUR 1.54 mln for Q2 2017), according to the company’s consolidated unaudited financial results.
Investment & finance
POLAND Polish clothing producers and retailers Vistula Group and Bytom have obtained the consent of the Office of Competition and Consumer Protection [UOKiK] for the merger of their businesses.
POLAND The Office of Competition and Consumer Protection [UOKiK] is to further examine the takeover of Partner by Eurocash.
Investment & finance
POLAND Ronson Development has obtained a loan of PLN 21.95 mln (and PLN 3 mln for VAT) from PKO BP to finance and refinance the net costs of the construction of the Panoramika residential estate in Szczecin’s Pogodno district.
Investment & finance
POLAND Office of Competition and Consumer Protection [UOKiK] has decided that further market analysis is required before it can approve the acquisition of the Cinema 3D chain by Vue International the owner of the Multikino chain.
Investment & finance
POLAND PKO Bank Polski has granted an investment loan of EUR 186 mln to EPP for the refinancing of the Galeria Echo shopping centre in Kielce and the O3 Business Campus in Kraków.
Investment & finance
POLAND LCP Properties, part of the London & Cambridge Properties group, bought four retail assets over July and August.
Investment & finance
POLAND The Saller Group has bought a retail park in Radomsko.
Investment & finance
ROMANIA Orbis, in line with its business strategy of allocating capital to the most promising markets in order to underpin sustainable results in the future, has signed a purchase agreement for the plot, building and business related operations of the Mercure Bucharest Unirii hotel.
POLAND TxM (Textilmarket), a Polish discount store chain, will capitalize the company through the issue of shares and bonds worth PLN 31.9 mln.
Investment & finance
POLAND Atrium European Real Estate is set to buy the Wars Sawa Junior department store complex in central Warsaw from PFCEE, a fund managed by CBRE Global Investors, for EUR 301.5 mln.
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 ...
Logicor has officially opened the first public park in the grounds of a logistics centre in Poland. Logicor’s Serenity Park in Mysłowice comprises 4 h ...
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 ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
In the latest issue of the magazine, we take a closer look at retail parks, data centres and the PBSA market. We also ask whether, after a slowdown, i ...
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern war ...
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 ...
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last yea ...
ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shap ...
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Skanska has sold the second stage of its Centrum Południe development in Wrocław for EUR 62 mln to a joint venture of Investika Real Estate Fund and B ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
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 ...
AFI Czech Republic has begun work on its AFI Home V Korytech project in the Strašnice district of Prague. The PRS development will comprise 519 apartm ...
Construction of the Rock Park Tarnobrzeg retail and service complex, under development by Rock Capital, is entering its final stages with the opening ...
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 ...
Media Expert and Panattoni have laid the cornerstone for a distribution centre in Łódź. The new logistics hub will supply a network of over 600 brick- ...