Galeria Askana in Gorzów Wielkopolski has been acquired by Polprop 4, an SPV owned by Irish investor John Patchell, for an undisclosed sum. The new owner plans to double the value of the shopping centre within 2 to 3 years.
Panattoni has received financing from BNP Paribas Bank Polska for the largest industrial park in Bydgoszcz, Panattoni Park Bydgoszcz IV.
Romanian developer One United Properties generated a gross profit of EUR 69.8 mln and a consolidated turnover of EUR 171 mln in H1 2023 – up by 17 pct and 26 pct y-o-y respectively.
P3 Logistic Parks has acquired a 30-hectare site in Dachowa near Poznań. The newly acquired plot will be used to build the P3 Poznań III park, which will complete the developer's portfolio in the Wielkopolska region.
The DSV Group intends to invest more than 1 bln PLN over the next five years in Poland. The largest investment will be the construction of a logistics centre in Wypędy near Warsaw. The cost of the project will be more than 260 mln PLN.
GTC has presented its financial results for H1 of 2023. Rental and service revenues ranked at EUR 90 mln (EUR 85 mln in the corresponding period of 2022), while rental revenue growth increased by 8 pct on a like-for-like basis.
Mitiska REIM has purchased a retail park in Skalica on behalf of the MEREP 3 fund. The company is also developing a new facility in Sládkovičovo and has announced plans to increase its portfolio of retail parks in Slovakia in partnership with OPC Group.
Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The EUR 10.5 mln loan was granted by Bank Gospodarstwa Krajowego.
Pad Res has closed a financing agreement with the Polish Development Fund (PFR) for PLN 240 mln. The funding will be allocated to the construction of two photovoltaic farms, with a combined capacity of 117 MW, in northern Poland.
Danish real estate investor Nrep has acquired a majority stake in Polish warehouse developer 7R, investing app. EUR 200 mln in the company.
AB Tewox, an investment company managed by Lords LB Asset Management, has announced the acquisition of five retail parks in Głowno, Świdnica, Przemyśl, Kalisz and Puławy in Poland.
Garbe Industrial Real Estate has recorded another lease as part of a joint venture with the Quakernack Group and Bremer Projektentwicklung. The German car manufacturer will move into a hall area of around 82,000 sqm in Bitterfeld-Wolfen (Saxony-Anhalt).
Investika realitní fond has acquired Royal Trakt Offices in central Warsaw from German investor Patrizia for an undisclosed sum.
The shareholders of Polish developers Echo Investment and Archicom have given their approval for the consolidation of the residential businesses of both companies. The market value of the transaction came to almost PLN 830 mln.
Investment volumes for Q2 and H1 2023 across CEE were some of the lowest levels on record. Bulgaria was the only market in CEE-6 to record a year-on-year increase of the investment volumes, reveals Colliers in its latest “H1 2023 Investment Scene” report.
Develia has finalised its acquisition of a 100 pct stake in the Polish subsidiaries of French property developer Nexity for EUR 100 mln (app. PLN 443 mln).
Globalworth has sold the Warta Tower office building in central Warsaw to a subsidiary of Polish investment platform Cornerstone Investment Management for more than EUR 63 mln.
Bank Pekao has granted EUR 80 mln in financing for the development of Panattoni Park Bytom – the first park to be built in the Silesian city by the developer.
VGP and Deka Immobilien has announced the set up of a 50:50 joint venture, which is to acquire over time a defined portfolio of five parks developed by VGP in Germany with 20 semi-industrial and logistics assets.
Romania Sotheby's International Realty presented the opportunity to own the Slănic-Moldova Casino at a price of EUR 1,450,000.
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 ...
A further 15 buildings owned by Hillwood Polska have been awarded BREEAM In Use certification at the Excellent level. The accreditation now covers the ...
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 March edition of our monthly has been released – the magazine is available online and in a paper version, which will be also delivered to guests o ...
We invite you to the third and last episode of the special podcast from Cannes! Today, three different views on different market segments, united by o ...
Savills expanded its Operational Capital Markets division in Poland to provide advisory services for property investors, developers and operators acro ...
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 ...
Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the Radisson RED brand in Southeast Europe.
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 ...
Inrev’s Quarterly Fund Index confirms an ongoing correction in the European real estate market. The Q4 2023 performance was yet again negative, a tota ...
Slovak investment fund Prvý realitný fond, through its company Logis Rugvica, has acquired a plot of land in the area of the village of Sveta Helena n ...
Over 20,000 delegates representing 90 countries gathered in Cannes for the 34th edition of MIPIM, the global urban festival that brings investors, pol ...
Trident BMC, which cooperates with maritime, shipbuilding and offshore industry clients, will continue as a tenant in C200 Office. It has renewed and ...
M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new managem ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment. ...
Smart Park Poland and RG Leasing announced the latest progress in the implementation of their investment projects. After last year's openings in Mława ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni has won financing for the development of its latest development in Western Pomerania. The EUR 20 mln loan was granted by mBank.