Investment & finance
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.
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.
ROMANIA Over the first half of 2018, a total of 33,000 sqm was delivered to the Bucharest office market with over 150,000 sqm to be delivered over the rest of the year, according to figures from Colliers International.
EUROPE Zalando has reported increased revenues in Q2 of 20.9 pct to EUR 1,330.0 mln, a rise which is in line with its 20-25 pct growth target. The company’s adjusted EBIT came in at EUR 94 mln representing a margin of 7.1 pct.
LATVIA Baltic Horizon Fund has bought the LNK Centre office building in Riga.
Investment & finance
HUNGARY Skanska has sold Mill Park, a two-building office project in Budapest to Erste Alapkezelő, a real estate fund of Erste Asset Management.
POLAND PDC Industrial Center 82, a joint venture company set up by Marvipol Logistics and Panattoni Europe, has secured a loan agreement with BGŻ BNP Paribas to develop a warehousing project near Warsaw.
Investment & finance
POLAND By the end of July 2018, the total investment volume this year in Poland amounted to almost EUR 3.88 bln, according to JLL.
POLAND JHM Development has bought a 0.4 ha plot on ul. Bohaterów Kragujewca where it intends to build a residential block.
Investment & finance
POLAND AEW Europe has sold the Atrium Tower office building at al. Jana Pawła II 25 in Warsaw to the VIG Fund of the Vienna Insurance Group for an undisclosed sum.
POLAND Próchnik has been officially declared bankrupt.
POLAND Metropolitan Investment has extended its land bank with three plots in Siedlce, Ostrów Wielkopolski and Warsaw’s Wawer district. The plots, which were sold as a block, have a combined area of 4.7 ha.
POLAND LC Corp has purchased a 0.74 ha plot on ul. Siennicka in Warsaw’s Praga Południe district for a net amount of PLN 9.5 mln.
Investment & finance
SLOVAKIA The total real estate investment volume in Slovakia for H1 2018 reached just under EUR 500 mln, a significant amount compared to the EUR 535 mln for the entire 2017 and record breaking EUR 850 mln in 2016 – according to JLL.
POLAND Budimex and Strabag have been awarded a EUR 111 mln contract to design and build a 16 km section of the A1 motorway between Tuszyn and Bełchatów.
Investment & finance
HUNGARY Erste Real Estate Fund has purchased Promenade Gardens in Budapest from developer Horizon Development for an undisclosed sum.
POLAND A bill that will transfer ownership of land used under the right of perpetual usufruct to the residents of the buildings that stand on it has been passed by the Seym and now awaits the presidential signature.
EUROPE Amrest has purchased the Sushi Shop restaurant chain, which operates in twelve European countries.
POLAND PKO Bank Polski has provided financing for the development of an Amazon fulfilment centre in Okmiany near Legnica in south-western Poland.
LITHUANIA H1 2018 saw a slowdown in the real estate market in Lithuania, despite continued high liquidity claims a report by Inreal Grupė, Šiaulių Bankas and Cobalt.
The Urban Land Institute Poland has published the ‘New Urban Poland’. Using 14 projects from Warsaw, Łódź, Poznań, Gdańsk, Gdynia, and Wrocław, the pu ...
According to the latest BauWatch crime report only 56 pct of building site managers across the EU believe crime to be rising, but in Poland this figur ...
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 ...
City Point Okęcie Logistics Park, a joint venture between Partners Group and Peakside Capital Advisors, has achieved BREEAM Outstanding certification ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
On the occasion of Easter, we extend our warmest wishes to all our Readers for peace, good health, and the joy that comes from spending time with love ...
ULI Poland is to hold the 'Matrix of Real Estate' conference from April 15th -16th at the Norblin Factory in Warsaw to discuss the impact of geopoliti ...
With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the presiden ...
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 ...
Kempinski Hotels has acquired the Augustine Hotel in Prague. This is the first acquisition for the hospitality group in over 50 years, since it bought ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
The Central Communication Port (CPK) has selected the general contract engineer for the new national airport as part of the Port Polska programme. The ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
BNP Paribas Bank Polska and Bank Pekao have granted a EUR 160 mln investment loan to refinance Mennica Towers. With the funds, Mennica Polska has now ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
SIMA – The Global Hub of Living is the world’s leading investment fair and conference for the residential and living sector, offering a unique and com ...
According to the latest ‘Office Market in Warsaw. Q1 2026’ report by Axi Immo, the Warsaw office market recorded a decline in occupier activity in the ...
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
The city of Warsaw has allocated PLN 5 million for the construction of al. Centralna, a green passageway between the Warsaw Śródmieście railway statio ...
Capital Park Group is preparing to start construction work in Szczecin. Rezydencja Aleja Fontann, a late 19th-century townhouse, is to be renovated wi ...
LCP Poland, part of M Core, has opened the M Park Ozorków retail park with over 5,600 sqm gla and ten retail units.
Skanska CDE has become the first company in Poland to introduce a Neutral Host In-Building (NHIB) infrastructure model, based on the BTS hotel, in its ...
Röhlig Suus Logistics is opening a new logistics centre in Szczecin, combining warehousing facilities with a cross-dock terminal. The operator is to c ...