Redkom has announced that it has finalised the sale of a retail park under construction in Bielsko-Biała to Newgate Investment. The 17,000 sqm retail park is scheduled to open in November this year.
Experts gathered at ULI Poland's annual Game Changers in the Real Estate World conference agreed that current market conditions are creating a window of opportunity for real estate investors willing to act quickly and thoughtfully. Smaller transactions by regional players dominate for the time being, but there is hope for a gradual return of major international players to the Polish property market.
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkasse Düsseldorf, Sparkasse KölnBonn and Kreissparkasse Köln, to finance the construction of the 'Le Coeur' project in Dusseldorf. The project has a total lending volume of EUR 270 mln.
The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.
Panattoni has completed a sales transaction in Germany. Clarion Partners Europe has acquired a prime logistics hub for EUR 75 mln near Duisburg.
One United Properties has unveiled its strategy for the coming years. It plans to triple its residential offer by 2030, expand its commercial sector and build hotels in Bucharest in partnership with global brands.
Baltisse and Straco Real Estate acquire majority stake in Speedwell, expanding reach into Romania and entering Polish market. Speedwell wants to spend at least EUR 1.5 bln on acquisitions in Poland in the coming years.
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spaces in the country will overpass 4.5 mln sqm. It will set a new record for Romania.
Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park which will further reinforce the offering of the Europa Centralna retail center, located in Gliwice.
Hillwood has increased its loan with Millennium Bank to EUR 29 mln for the construction of phase II of the Park Hillwood Zgierz I project, located in Central Poland, 2.5 km from the A2 motorway entrance and 15.5 km from the A1 motorway junction.
EPP and Echo Investment have successfully secured a loan worth EUR 145.2 mln for the new financing of the Galeria Młociny shopping centre in Warsaw.
Hillwood Polska has signed a loan agreement with mBank worth more than EUR 28.4 mln for the construction of a warehouse in Dobrzykowice near Wrocław. The building will be part of the Hillwood Wrocław East project being developed together with LCube.
Dubai-headquartered investment platform Solida Capital has acquired the G5 office building at ul. Grójecka 5 in central Warsaw from Cromwell European REIT for EUR 15.86 mln. The property is to undergo a refurbishment following the change of ownership and will be rebranded as G5 Prime Offices.
Panattoni has gotten financing to develop a factory for global lighting expert Trilux, a company that specialises in environmentally-friendly B2B solutions. The loan of EUR 18,3 mln was granted by Alior Bank.
Hungarian real estate group Futureal Investment Partners has sold for an undisclosed sum two buildings of Lipowy Office Park in Warsaw to the 1AM CEE Student Housing Fund, which is managed by Vilnius-based 1 Asset Management.
ARA Europe and the Romanian investor Gheorghe Iaciu have sold the Expo Market Doraly shopping centre in Afumați on Bucharest’s north-eastern outskirts to Belgian warehousing group WDP for an undisclosed sum.
Hungarian developer Faedra Group has sold its 16,600 sqm Faedra22 warehouse development in southern Budapest to a German investor for an undisclosed sum.
MLP Group has unveiled the key goals of its growth strategy for 2024–2028. The 2024 plans have been updated in response to shifts in the macro environment and the impact of the war in Ukraine.
Inrev’s Quarterly Fund Index confirms an ongoing correction in the European real estate market. The Q4 2023 performance was yet again negative, a total return of -1.70 pct, and a sharp decline from -0.56 pct reported in Q3 2023.
Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a "pivot point", with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate® Global Outlook 2024 from PwC and the Urban Land Institute.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
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 ...
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building St ...
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 next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of w ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
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 ...
Redkom has announced that it has finalised the sale of a retail park under construction in Bielsko-Biała to Newgate Investment. The 17,000 sqm retail ...
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 ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europac ...
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 ...
According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have ...
Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currentl ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
CTP has signed a lease agreement with the logistics service provider for an additional 2,000 sqm, thus the company will occupy a total of 13,000 sqm a ...