Investment & finance
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Investment & finance
Sagittarius deal done
POLAND Warburg-HIH Invest Real Estate has finalised the acquisition of the Sagittarius Business House office building in Wrocław from Echo Investment.
Investment & finance
PKO to finance Central European Logistics Hub
POLAND PKO Bank Polski has provided a EUR 61.5 mln loan for the construction of two warehouse buildings with a total of a 145,000 sqm in the Central European Logistics Hub, which is being developed by Panattoni Europe.
Yit sells part of Pushkin plot
RUSSIA Finnish residential developer and constructor Yit has sold part of a site it owns in Pushkin, south of St Petersburg, to Russian developer FSK Lider for app. EUR 15 mln.
Investment & finance
Balmain now sole owner of BSC group
CEE REGION Balmain Asset Management has purchased minority stakes in BSC Real Estate Advisors and BSC Property Management to become the sole owner of both companies.
Investment & finance
How to prepare for the minimum tax
POLAND The minimum tax is now calculated based on the initial value of a property minus PLN 10 mln for each building. The law that is to come into force is to change how this is calculated. PLN 10 mln is to be subtracted from a company's income. How to prepare for the law amendment says Justyna Bauta-Szostak, a tax adviser and partner at MDDP.
Investment & finance
EUR 100 mln for Kaufland refit
POLAND Kaufland Polska has taken out a EUR 100 mln loan from the European Investment Bank for its previously announced plans to renovate around 50 stores in Poland.
PKO BP sets out its terms
POLAND Inpro is renegotiating the terms of a construction loan for Hotel Mikołajki in Mikołajki with PKO BP.
Investment & finance
OTP snaps up MOM
HUNGARY OTP Real Estate Investment Fund has purchased the 47,500 sqm mixed-use MOM Park complex in Budapest from a consortium of Wing, Morgan Stanley and CC Real.
Investment & finance
Mint sells Polygon
CZECH REPUBLIC Amundi has purchased the Polygon office building in Prague’s Pankrác district for its KB realitní fond 2 fund.
Atal prepares for German entry
EUROPE Polish residential developer Atal has registered a company in Germany in preparation for the possible launch of a property development business.
LPP shares transferred to family foundations
POLAND Marek Piechocki and Jerzy Lubianiec have transferred their shares in LPP to two foundations established to maintain the company as a family business: the Semper Simul Foundation and Sky Foundation.
Name change for Apleona
POLAND Since July 5th Apleona GVA has been operating under the abbreviated name – GVA.
Cinema3D sells up in Poland
POLAND Cinema3D is selling its portfolio of multiplexes in Poland to Vue International.
Investment in CEE still on the rise
CEE REGION Investment in the CEE-6 region, which comprises Poland, Czech Republic, Slovakia, Bulgaria, Romania and Hungary, rose in the first half of the year by 4 pct y-o-y, Colliers International reports.
Investment & finance
HB Reavis buys fifth London project
EUROPE Slovakian developer HB Reavis has acquired the 12,800 sqm Crossrail Over-Site Development (OSD) office development in the Farringdon West integrated train station development, in Clerkenwell in Central London.
Nowy Styl expands to Dubai
POLAND/UNITED ARAB EMIRATES Office furniture suppliers and interior designers Nowy Styl has taken a 60 pct stake in Stylis Dubai in a joint venture with Saudi Arabian partner Stylis which holds a 40 pct stake.
Poland not quite so transparent
POLAND Poland is a less transparent real estate market than it was two years ago.
Investment & finance
Pałac Jabłonowskich sold to S+B Gruppe
POLAND Closed end fund CFB-Fonds 148, which is managed by Commerz Real, has sold the Pałac Jabłonowskich office building at ul. Senatorska 18 and 18A – directly opposite the National Theatre. The property has been bought by S+B Gruppe.
Investment & finance
Two Gdański Business Center buildings sold
POLAND HB Reavis has sold buildings B and C of the Gdański Business Center in Warsaw for over EUR 200 mln to Savills Investment Management, acting on behalf of a global pension fund client.
Investors glum in Western Europe
EUROPE Property investors believe the cyclical turning point will soon be reached in European real estate markets and professional investors are increasingly worried about misallocating capital, claims Union Investment in its latest report.
Categories
Architecture and urban planning
MoMA wins architectural grand prix
The 11th Architectural Awards of the Mayor of Warsaw [11. edycji Nagrody Architektonicznej Prezydenta m.st. Warszawy] were held on June 3rd, at Teatr ...
Poznań with a green Aura
Dutch-Czech team wins Dejvice contest
Construction
2025 looks optimistic for the construction companies
According to a report by research company Spectis “Construction companies in Poland 2025-2030”, the total revenues of the 300 leading construction gro ...
Strabag to build The Arc
Digitalisation to the rescue
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
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
Logicor opens Serenity Park in Mysłowice
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 ...
City Gate Office awarded latest LEED
Outstanding awarded to CTP
Eurobuild Awards
The winners of the Eurobuild Awards 2024!
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 ...
Call for nominations and jury members!
Let's live this again!
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 October issue is now out!
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 ...
Fresh perspectives for the autumn!
Eurobuild celebrates its 300th issue!
Events
The Accessibility Forum is just around the corner
On November 17–18, Poznań will, for the third time, bring together experts, decision-makers, designers, entrepreneurs, and representatives of public a ...
Last day to register
PBSA enters the mainstream
Exclusive
More than machines
Adrian Winiarek, Partner and Development Director at MDC2, shares his expert insights on how technology and infrastructure come together in modern war ...
The voice of the younger generation
EGLS enters the scene
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
Tourism set to boom around the Med
According to the report, Mediterranean and Southern European markets accounted for 44 pct of all inbound overnight tourist arrivals to Europe last yea ...
Novotel comes to Croatia
Staycity to open first Aparthotel in Warsaw
Human resources
ULI announces new chairs
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 ...
Panattoni bets big on data centres
Five new board members at JLL
Infrastructure
Nepi Rockcastle launches solar farm
Shopping centre operator and developer NEPI Rockcastle has opened Romania’s biggest industrial-scale solar farm in Chișineu-Criș in western Romania.
Strabag constructs Deleni wind farm
Tender awarded for CPK rail changes
Interior design
JLL redesigns its Warsaw branch
JLL has completed the modernisation of its offices in the Warsaw Spire building. The theme behind the design was ‘ReThink. ReUse. ReSpire’, emphasisin ...
Grainy effect for Viterra
Mercedes-Benz stylish Prague office
Investment & finance
DL Invest moves into data centres
DL Invest Group has entered into a joint venture with Boosteroid, a global provider of cloud technologies and cloud gaming to build a network of moder ...
Brain Park Building C sold
ECE Work & Live enters Poland
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
Peakside Capital is building the future of sustainable logistics
With a proven track record across Poland, Central and Eastern Europe and Germany, Peakside Capital is emerging as one of the most influential players ...
Brownfield rather than greenfield – a model for sustainable development at City Point Targówek
Nordbygg 2024: Many innovations and strong interest
Office & mixed-use development
One now full
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who n ...
Aon stays for longer
Office investment set to reach 1.4 bln
Property and Facility Management
Balmain takes on Adventum
The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
Savills to manage for Yareal
Studio B under new management
Public buildings
Warsaw Uni building underway
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 ...
MHP awarded with ULI prize
Museum of Modern Art opens
Residential
AFI starts work on Home V Korytech
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 ...
Student Depot extended in Poznań
StudentSpace comes to Warsaw
Retail & leisure
Westfield Černý Most now new and improved
Unibail-Rodamco-Westfield has announced the reopening of the Westfield Černý Most shopping centre in Prague, following its expansion by over 9,000 sqm ...
Retail continues to grow
Another Smart Park to come to Wrocław
Technology
Velis has a new name
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 ...
Symbiotic fit for HB Reavis and HqO
Saski Crescent has WiredScore Platinum
Warehouse & industrial
80,000 sqm pre-lease signed for CTPark Budapest–Érd
CTP has announced that a major international logistics business has leased 80,000 sqm of BTS space for a major distribution hub at the new CTPark Buda ...
