BULGARIA Pleven Mall in Pleven has been put up for sale by a private enforcement agency. The starting price is RON 10.6 mln (EUR 5.4 mln).
RUSSIA Raven Russia has released its results for 2012. Net Operating income was up by 49 pct from USD 91.7 mln to USD 136.5 mln. The company’s underlying operating profit was up 63 pct from USD 68.9 mln to USD 112.1 mln.
RUSSIA PPF Real Estate Russia, part of the PPF Group, and Sberbank have reached an agreement to provide PPF with a credit line worth EUR 185.84 mln for the financing of the construction and completion of the first phase of PPF‘s ComCity mixed-use development in Moscow.
POLAND Kulczyk Silverstein Properties (KSP) has bought the Holland Park office building in central Warsaw for an undisclosed sum.
POLAND Construction company ABM Solid has changed terms of its bankruptcy proceedings, which it entered in July 2012.
POLAND Inter Car has purchased an app. 11.2 ha site earmarked for warehouse development in Zakroczym near Modlin outside Warsaw.
POLAND Monday Palacza, a company set up by Monday Development and Unidevelopment, has concluded a PLN 35 mln loan agreement with Bank Pekao for the co-financing of the Hevelia estate, which is being built in Poznań’s Grunwald district.
BALTIC STATES The real estate markets of the Baltic States are set to grow over the next two to three years, according to a report by Newsec.
CZECH REPUBLIC CPI Group has purchased the remaining 50 pct stake in the Copa Centrum Národní office and retail development in Prague from Swiss businessman Sebastian Pawlowski and is now the sole owner.
POLAND Polimex-Mostostal has sold the perpetual usufruct of a harbour property in Gdynia to the Industrial Development Agency’s Mars Finance 1 investment fund.
POLAND Polnord has filed a lawsuit against Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji (MPWiK), the company that operates the water and sewage works in Warsaw.
POLAND Ronson Development generated revenue of PLN 198.8 mln in 2012, an increase of 106 pct on the previous year.
POLAND Construction group Mostostal Zabrze suffered a net loss in 2012 of more than PLN 11.5 mln, after generating a profit of PLN 27.9 mln a year earlier, according to a report drawn up by the company. Its sales revenue reached PLN 661 mln, compared to PLN 732.7 mln a year earlier.
POLAND The supply of office space in Warsaw increased by 270,000 sqm in 2012 and currently amounts to nearly 2.9 mln sqm, according to a report by DTZ. Another 650,000 sqm is under construction, which “will translate into a high level of supply in the next two years,” claim the authors of the report.
ROMANIA Swan Property, the developer of the Swan Office & Technology Park in Bucharest, has been declared insolvent.
CZECH REPUBLIC Karlín Group has sold the Corso IIB office project in Prague to Skanska Property Czech Republic, according to local media reports.
POLAND Echo Investment has reported its results for 2012. Its operating revenue amounted to PLN 583.6 mln, up on the PLN 406.9 mln it made in 2011.
POLAND Footwear chain Prima Moda has published its results for Q4 2012. Over the period the company restructured its sales division, closing down two stores.
POLAND Sfinks Polska has reported its results for 2012. Net revenue for the restaurant chain came to PLN 170.9 mln, while registering an operating loss of PLN 2.6 mln (compared to a loss of PLN 9.9 mln in 2011).
POLAND Warimpex has issued bonds in Poland to the value of PLN 63.1 mln (app. EUR 15.1 mln), with each bond worth PLN 1,000 (app. EUR 250).
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 ...
Helaba will act as lead manager for its long-standing client Hines in conjunction with the three savings banks in North Rhine-Westphalia, Stadtsparkas ...
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 ...
GLP has begun construction of the final hall of Wrocław V Logistics Centre in Magnice. The building, with an area of over 67,000 sqm, will be construc ...
