POLAND Around 80–85 pct of Polish land acquisitions were for sites in Warsaw in H1, according to a report by Colliers International.
RUSSIA Food retailer X5 Retail Group recorded app. USD 4.2 bln in net sales in the second quarter, representing a growth of 5.9 pct y-o-y.
Investment & finance
POLAND A buyer has finally been found for Twierdza Modlin in the ninth auction of the 19th century fortress.
RUSSIA PIK Group has acquired 96.2 pct of the shares of the Tretii Taksomotorny Park [3-ий таксомоторныйпарк] taxi company, the owner of a 1,6 haplot located on Vavilov street in an upmarket district to the southwest of Moscow’s historic centre.
Investment & finance
POLAND A buyer has finally been found for the Altus building in Katowice: Izera, which has bought the property for PLN 185 mln after three public auctions.
POLAND Mostostal Warszawa has borrowed EUR 9 mln (app. PLN 38 mln) from Acciona Infraestructuras.
Investment & finance
WORLD Australian construction group UGL has today officially announced its plans for a demerger with DTZ. Both companies are to be listed on the Australian Securities Exchange (ASX), with UGL to revert to focusing on construction and engineering and DTZ to concentrate on property services.
Investment & finance
CZECH REPUBLIC Residential developer and investor Central Group has today officially offered to buy Tančící dům (the Dancing Building or ‘Fred and Ginger’) in Prague for CZK 250 mln (app. EUR 9.65 mln).
EUROPE Berlin Hyp generated EUR 51.2 mln before tax and profit transfer in the first half, lower than the result for H1 2012 when the company made EUR 57 mln.
Investment & finance
EUROPE The creditors of IVG Immobilien have put forward a restructuring plan for the company, which among other measures includes a simplified capital reduction down to 0.5 pct of the share capital of the company as well as a debt-to-equity swap (after which the creditors will hold 80 pct of the company's share capital).
POLAND/CZECH REPUBLIC Czech private equity group Penta Investments is to takeover Polish pharmacy chain Mediq Apteka.
POLAND Inpro has signed a contract with Bank Gospodarki Żywnościowej for a bond issue.
Investment & finance
CZECH REPUBLIC The Dancing Building (Tančící dům) in Prague 2 – also known as “Fred and Ginger – is being put up for sale, according to the E15 website.
Investment & finance
WORLD Blackstone Group is to sell Hilton Worldwide, a source close to the deal has confirmed. and has hired four banks (Deutsche Bank, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley) to act as underwriters in the flotation of Hilton Worldwide.
Investment & finance
RUSSIA Mirland together with its wholly-owned subsidiary Investicionno-Ipotechnaya Kompaniya (IIK) have signed a non-revolving USD 95 mln refinancing loan agreement with SberBank of Russia.
POLAND Four tenderers, including Ghelamco GP1 BETA S.K.A., have submitted preliminary offers to buy Przedsiębiorstwo Komunikacji Samochodowej Polonus, which owns the area of the Dworzec Zachodni station in Warsaw.
Investment & finance
RUSSIA The building of the Tanais hotel in Rostov-on-Don, which formerly housed the Radisson SAS Hotel Don, is to be sold at auction.
Investment & finance
RUSSIA Hals Development, a subsidiary of VTB Bank, intends to sell the Danilovsky Fort business centre in Moscow.
Investment & finance
EUROPE The European Commission has approved US asset manager Blackstone Group’s acquisition of sole control over Dutch shopping centre developer Multi Corporation.
Investment & finance
SLOVAKIA HB Reavis has finalised the sale of the Aupark Žilina shopping centre in Žilina to South African-based New Europe Property Investments (NEPI).
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 ...
The first fund investing in REITs, Mount Globalnego Rynku Nieruchomości FIZ, made its debut on the Warsaw Stock Exchange.
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 ...
Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakef ...
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 ...
Prague is the only city in the CEE region to boast a Prime High Street, a shopping street with only the most prestigious global brands. This location ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni announces its expansion into the Middle East with the launch of an operation in Saudi Arabia. The company’s initial focus is on three of the ...
