Investment & finance
A manufacturing and warehouse BTS facility built by Panattoni in Tczew (about 30 km south of Gdańsk) has been sold for EUR 26 mln to US investor LCN Capital Partners.
Investment & finance
Newport Logistics Fund II, a fund investing in development of warehouses in Europe, was established in Luxembourg as an investment company. Second fund is looking to raise 100 mln EUR for further investments in Western Europe.
Investment & finance
Belgian investor Mitiska REIM has acquired the 67,000 sqm gla Europa Centralna shopping complex in Gliwice from Sierra Balmain for an undisclosed sum.
Investment & finance
Moje Miejsce II, the second office building of Echo Investment’s multifunctional project in Warsaw, has been acquired by Czech investor Trigea Real Estate Fund for EUR 45 mln.
Investment & finance
The Echo-Archicom Group closes the year 2022 with a strong cash position and further reduced net debt of the company. This is the result of sale of seven office buildings worth nearly EUR 320 mln.
Investment & finance
2022 was a successful year for the property developer CTP. The company, operating in 10 European countries, has successfully managed to deal with the impact of global events on the European market. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 mln sqm. Rental income increased by 13 pct year-on-year to EUR 230.3 mln. At present, CTP is the largest player in the Czech industrial-logistics property market with a 28 pct share.
Investment & finance
Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna, acquired the K+K Elisabeta hotel located in the Bucharest city centre, and they will relaunch it under the newly established Peakture hotel brand.
Investment & finance
The value of MLP group’s investment properties rose 31 pct, to more than PLN 4.4 bln (EUR 945 mln). Consolidated revenue improved 39 pct y-o-y, to PLN 279.1 mln (EUR 59.5 mln), driven by an increase in leased area combined with higher rental rates. Last year, MLP group earned PLN 422.4 mln (EUR 90.1 mln) in net profit.
Investment & finance
Kajima Europe together with Griffin Capital Partners acquired a 70 pct stake in Hymon, a photovoltaic installation company. This is the second joint initiative by these partners in Poland's renewable energy market, having taken a majority stake in Pad RES, a developer in Poland's clean energy asset space, in 2021.
Investment & finance
Hungarian asset manager Appeninn Holding has acquired the four-building Wiśniowy Business Park in Warsaw from Cromwell Property Partners for an undisclosed sum.
Investment & finance
Newport Logistics Fund, which invests in warehouse properties in Europe, has raised EUR 50 mln for its first fund. Currently, work is underway to launch a second fund worth EUR 100 mln.
Investment & finance
United Benefits Holding (UBH) of Austria has entered the Polish market with the acquisition of Wrocław's Silver Forum office building in an off-market deal. The company, which has so far operated mainly on the German-speaking market, is now planning further expansion in Poland.
Investment & finance
Geopolitics remains centre stage, inflation is set to remain a major issue, green and efficient buildings continue to be in focus, and office demand is recovering – these are some of the 10 top predictions for the CEE-6 in 2023 just revealed by Colliers.
Investment & finance
Vienna,-based United Benefits Holding has entered the Polish market with the acquisition of the Silver Forum office building in Wroclaw. In an exclusive interview, Michael Klement, the CEO of the company, tells ‘Eurobuild’ about the company's plans for Poland and discusses the state of the investment market during the present crisis.
Investment & finance
CPD has completed the sale of two properties in Warsaw for a combined PLN 31 mln – the Solar office building in the city’s Służewiec business district and a tenement building with offices on ul. Koszykowa in the city centre.
Investment & finance
The REICO ČS Nemovitostní (RČSN) fund has sold the Office Box office building in Bratislava to Slovak telecoms service company Movys for an undisclosed sum.
Investment & finance
According to the experts from Cushman & Wakefield, the interest of international companies to locate their headquarters in Brno has gradually cooled. Decision-making processes have slowed down, attitudes are reserved and willingness to make long-term commitments is low.
Investment & finance
White Stone has sold the Celebro office building in Warsaw for an undisclosed sum to a Lithuanian newcomer to the Polish market – Eika Asset Management, on behalf of the Eika Real Estate Fund.
Investment & finance
Volvo Cars has announced plans to open its first Tech Hub in Poland - the software development centre in Kraków is to play a key role in the company's strategy to become an all-electric brand and a leader in new technologies by 2030.
Investment & finance
Nepi Rockcastle has reported a record net operating income of EUR 405 mln in its 2022 full-year results - up 17 pct from 2021 and driven by strong tenant turnover and base rental growth. This performance was achieved against a challenging economic background, marked by high inflation, rising interest rates and the energy crisis triggered by the war in Ukraine.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
In Berlin Hyp’s most recent Trendbarometer, more than 200 real estate professionals expressed their opinions on opportunities and risks in the real e ...
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 ...
Sopot Marriott Resort & Spa, inaugurated in 2012, has been awarded the LEED Gold certification in the Operations and Maintenance category, granted to ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The May issue of "Eurobuild" has already been published, as usual, full of interesting articles and professional analyses! Lovers of news in the field ...
Welcome to a special episode of Eurobuild FM! Next Monday, the May issue of the "Eurobuild CEE" monthly will be released, and today we have a preview ...
On 24 May 2024, we will inaugurate a new event in the real estate community - Eurobuild's Annual Running Tournament! Participants will run through the ...
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
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 ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Real estate investor and fund manager Cromwell Property Group has announced the sale of six retail centres across Poland, held by the Cromwell Polish ...
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 ...
Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan i ...
Atenor, the Belgian developer responsible for the Lakeside development in Warsaw's Mokotów district, intends to renovate the neighbouring UBC II build ...
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava ...
The Cepelia pavilion at the junction of Al. Jerozolimskie and ul. Marszałkowska in Warsaw is undergoing renovation. A three-storey Empik store with a ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
CTP expands its partnership with Cargus, a courier company in Romania, with the inauguration of a new location in Sibiu.
