EUROPE Warimpex has regestered a EUR 11.8 mln profit for Q1 2019, which compares to a EUR 3 mln loss in the same period of the previous year. The company attributes the improvement to higher gains on property sales and exchange rate gains.
Investment & finance
POLAND/SLOVAKIA/CZECH REPUBLIC Focus Estate Fund has announced its plans to enter the Slovak market as well as to double the size of its current portfolio over the next two years.
EUROPE Immofinanz has recorded a rental income of EUR 65.2 mln in Q1 2019, up 10.5 pct y-o-y.
Investment & finance
POLAND Foreign investment in Polish cities is mainly dependent on their labour, their infrastructure, the availability of office space and how well the market supports local businesses according to the ‘Business Environment Assessment Study’ published by Antal, which examined the business environments of Warsaw, Wrocław, Poznań, Łódź, the Tri-City, Kraków, Szczecin and Lublin.
Investment & finance
POLAND The final sale agreement of the Cinema 3D cinema portfolio has been signed.
WORLD Cresa has completed the acquisition of Portfolio Solutions Group (PSG), a full service lease administration, accounting and abstracting services company, which is to be renamed Cresa Lease Administration (CLA).
Investment & finance
HUNGARY Futureal Group has sold its Advance Tower building to the Erste Real Estate Fund. The second stage of the same project could also be sold to the fund under a forward purchase agreement.
Investment & finance
RUSSIA Warimpex has increased its stake in the Airportcity business complex near the Pulkovo 2 international airport in St Petersburg from 55 to 90 pct.
POLAND The European Investment Bank has signed an agreement for the third and last tranche of a loan, worth PLN 80. 5 mln with the city of Radom. The framework loan was approved in 2016.
BALTIC STATES The EBRD is investing EUR 30 mln equity in the Usaldusfond Eften Real Estate Fund 4. The fund is the first in the region to include Green objectives including measures to reduce climate warming as an integraf part of its operations.
Investment & finance
SERBIA Dubai-based P&O has purchased Port Luka Novi Sad for EUR 23 mln.
POLAND/ROMANIA During Globalworth’s last capital increase worth EUR 500 mln, the European Bank for Reconstruction and Development invested EUR 25 mln.
Investment & finance
POLAND Vastint has sold three office buildings in Business Garden Wrocław to Filipino investor ISOC for over EUR 95 mln.
Investment & finance
POLAND Belgian developer Atenor has signed an agreement to acquire a 14.1 ha plot near Warsaw Chopin Airport.
Investment & finance
POLAND Bank Millennium has granted an investment loan to Echo Investment of over EUR 20 mln, for the construction of the West 4 Business Hub complex in Wrocław on ul. Na Ostatnim Groszu.
POLAND Murapol has signed a preliminary agreement to purchase a 6.8 ha investment plot in Katowice’s Ligota district for PLN 34 mln net.
CEE REGION Restaurant holding company Amrest has published its results for the first quarter. Over the period the company opened 25 restaurants bringing their total number to 2,137.
Investment & finance
POLAND Madison International Realty has completed the acquisition of a majority 65.99 pct stake in Capital Park from Patron Capital Partners.
Investment & finance
HUNGARY M7 Real Estate has sold the Liget Centre in Budapest on behalf of its M7 Central European Real Estate Fund I to Wing Holding.
Investment & finance
POLAND ECE European Prime Shopping Centre Fund II is to acquire the Atrium Felicity in Lublin and Atrium Koszalin shopping centres from Atrium European Real Estate for EUR 298 mln.
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 ...
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 ...
Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europac ...
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 ...
Panattoni has started construction of the new International Consolidation Centre (ICC) for Mercedes-Benz in Bischweier.
