POLAND In 2017, real estate transactions hit a record-breaking volume of EUR 5 bln, up by nearly 10 pct y-o-y, according to figures from Cushman & Wakefield.
Investment & finance
HUNGARY Czech real estate investor CPI Property Group has announced that it has sold the Budaörs Office Park in Pest county on the western outskirts of Budapest.
CEE REGION The valuation of the Arcona Property Fund closed 2017 up by 3.7 pct y-o-y. This was largely due to a rise in value of the fund’s four-building Czech portfolio of 5.7 pct and a rise of 2.8 pct in the value of its eight properties in Slovakia. The value of its twelve properties in Poland remained stable.
Investment & finance
POLAND According to Knight Frank, in 2017 investors invested 3 pct more funds in Polish real estate than in 2016.
Investment & finance
POLAND Cromwell Property Group has sold the Warsaw Corporate Center to Raiffeisen Immobilien Kapitalanlage-Gesellschaft (Raiffeisen Capital Management) for EUR 27.8 mln.
POLAND In 2017 the city of Łódź sold 60 properties and raised over PLN 74 mln.
EUROPA Europa Capital has raised EUR 716 mln for its fifth European value-add fund and associated co-investment vehicles.
SLOVAKIA The total investment volume in Slovakia for 2017 was recorded by JLL at just under EUR 525 mln, which was below the company’s EUR 600 mln expectation, since several deals failed to close before the year-end and will be completed in 2018.
Investment & finance
CEE REGION Serbian-based Delta Holding has announced that it is to Invest EUR 600 mln in real estate projects over the next two years.
LITHUANIA Inreal is to act as agent in the sale of 23 properties across the country by insurance company Ergo.
Investment & finance
POLAND Ronson has obtained PLN 33 mln and a VAT loan of PLN 2 mln from Alior Bank for a residential estate development in Wrocław.
POLAND Alior Bank has agreed to lend PLN 75 mln to Echo Investment, which represents the extension of a revolving loan as well as an increase in its value.
POLAND Warsaw-based developer Wartico is to pay PLN 7.3 mln for 0.5 ha plot on Al. Racławickie in Lublin.
Investment & finance
CEE REGION With EUR 12.98 bln transacted in 2017 the CEE real estate investment market set a new record high, according to JLL.
Investment & finance
POLAND Polish real estate Investment market saw EUR 5.03 bln transacted in 2017, the second highest volume result ever after the EUR 5.05 bln transacted in 2006, according to JLL.
Investment & finance
POLAND Newbridge has acquired three neighbourhood shopping centres from a fund managed by Aerium: Bielawy in Toruń, Guliwer in Łódź and Czyżyny in Kraków.
POLAND A subsidiary of Vantage Development has obtained the perpetual usufruct rights to an area of 0.6 ha on ul. Kobierzycka in Wrocław for PLN 3.8 mln.
Investment & finance
POLAND The pension funds which collectively hold the majority stake in Polish residential developer Robyg are refusing to sell to Goldman Sachs subsidiary Bricks Acquisitions at a price of PLN 3.55 per share.
LITHUANIA Following the approval of the Lithuanian competition authorities, Axis Industries has purchased all the shares of Veikmės Statyba to become one of the main construction companies in Lithuania with over 300 employees and one of the largest teams specialising in monolithic concrete construction in the country, the company claims.
POLAND The Office of Competition and Consumer Protection [UOKiK] has agreed to the takeover of Doraco by Polski Holding Nieruchomości (PHN).
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 ...
Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw Unit skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real ...
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 ...
P3 Logistic Parks has started at P3 Poznań park the construction of a warehouse with a total area of nearly 27,000 sq m for ochama, a European omni-ch ...
