Fifth year of growth in home sales in Prague
Residentialschedule 11 December 2013
CZECH REPUBLIC A total of 4,531 homes were sold on the Prague market in the first eleven months of the year, according to Czech residential developer Ekospol.
Retail & leisure
Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and restaurants, as well as additional screens to the centre’s multiplex cinema.
Material partner
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.
Office & mixed-use development
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last technical floor. Installation and finishing works inside the facility and the assembly of the facade are in progress.
Retail & leisure
Redkom Development sold 100 pct of shares in the company holding the Glinianka complex. The retail park, located near Warsaw, has been bought by CEE-Big Europe.
Warehouse & industrial
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.
Warehouse & industrial
CTP has signed a deal with Quanta Computer, a Taiwanese company that manufactures computers and electronic hardware, for a 22,500 sqm production facility at CTPark Jülich in northwest Germany.
Warehouse & industrial
Medical company Fresenius Medical Care has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań.
Events
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.
ESG
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych - went through the same assessment process.
Investment & finance
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.
Warehouse & industrial
Panattoni has built another facility in Lesser Poland, City Logistics Krakow Airport II. The investment was made on a speculative basis and already has its first tenant – Allegro.
Warehouse & industrial
Marelvi, a distributor of electronics and home appliances in Romania, has extended its lease agreement for more than 8,100 sqm of space at the MLP Bucharest West logistics park.
Eurobuild CEE
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 conference guests, and then to all readers!
Warehouse & industrial
Panattoni has launched the construction of Panattoni Park Ruda Śląska IV. A major tenant has already been found with Midocean to lease 20,000 sqm of storage space, including an extension option for a further 10,000 sqm.
Investment & finance
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.
ESG
CTP, in cooperation with Ruby Project Management, has received the highest level of the WELL certification for its project Domeq in Brno. It's the first residential investment in the country to meet the criteria.
Investment & finance
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.
Warehouse & industrial
Panattoni has finished the construction of a logistics centre for Hermes Fulfilment. This is the first project that has been built for the company in Poland.
Office & mixed-use development
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries. After the first three months of this year, the office sector in Bucharest shows a positive fluctuation in terms of total leasing activity, being 71 pct higher than the same period last year.
Eurobuild FM
Welcome to Eurobuild FM! We invited an excellent expert to the today's episode – distinguished structural engineer Tristram Carfrae, deputy chair of world-renowned design consultants Arup gave us an exclusive interview.
One United Properties has concluded a memorandum of understanding with CPI Property Group for the acquisition of a 21 ha site close to the Eroii Revoluției metro station just south of Bucharest city centre. The project planned on the site should see the construction of round 5,000 housing units.
Solida Capital Europe and 1 Asset Management selected Pekabex for the execution of the purpose student housing PBSA project located in Puławska street in Warsaw.
Orpea Polska has sold a plot of land on the site of a former hospital on ul. Szkolna in Poznań. The new owner is AP Marchewka Investment from Wrocław, which plans to develop an urban-creating investment there in cooperation with the Vox brand.
Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment.
Signal Capital Partners, Griffin Capital Partners and Echo Investment will launch a new student housing platform. Firstly, the joint venture is aiming to develop a portfolio of 5,000 student beds across key academic cities in Poland over the next three to five years.
Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. The project located in Vysočany, Prague 9, is expected to be completed next year.
KGAL Wohnen Core 3 handed over the KönigsTOR Regensburg neighbourhood development. The building complex offers new homes for more than 800 people.
The Flow project has launched in the New Centre of Łódź. The project developed by Archicom will occupy a 2-hectare site between the Łódź Fabryczna railway station and the EC1 scientific and cultural complex.
Redport Capital will build more than 2,000 flats and 15,000 sqm of commercial space in the northern part of Bucharest over the next six years. The developer's plans include the expansion of The Level Apartments project and the development of Infinity Nord.
At the end of the year Penta Real Estate completed the sale of residential project in Dykova Street in Prague 2 - Vinohrady. The value of the project is in the order of CKR hundreds of millions of and the buyer is Fidurock.
J&T Real Estate has been granted planning permission for the Downtown Yards project in the centre of Bratislava. The developer plans to develop a total of around 650 flats. Sales of the units and construction work will begin in 2024.
In two years, Finnish developer YIT has built and handed over more than 500 rental units in Warsaw to the Nrep fund. The flats were built in three Warsaw districts - Ursynów, Bemowo and Mokotów.
Cushman & Wakefield has released “Poland Student Accommodation Report” on the student housing market in Poland. Supply of public and private halls of residence fails to keep pace with growing demand.
LivUp has delivered another 78 long-term rental flats to the market. The company's latest project is located at ul. Zaczarowane Koło in Kraków's Bronowice district. The first tenants have already moved in.
Akcent Development has started the construction of the Akcent City project, consisting of 723 apartments, in the Bucuresti Noi area, the largest residential project authorized in Sector 1 after the nZEB regulations came into force. The complex will attract a EUR 90 mln investment.
According to JLL research, the current unmet demand for student beds in dormitories reaches 4.7 mln in the largest European cities. Poland, with 1.2 mln students, ranks sixth in Europe in terms of the potential market for student accommodation operators, not far behind Spain and Italy.
Belgian developer Ciril has acquired an investment site of almost 2,500 sqm at ul. Przyokopowa in Warsaw's Wola district.
Mosaic World has signed a purchase-construction agreement with Novaform Polska for the purchase and construction of 98 rental flats and 138 built parking spaces in Poznan.
Atal has started the foundation work on 17-storey tower that will form part of its Olimpijska complex in Katowice city centre.
Archicom and Echo Investment are to begin the construction of the Modern Mokotów residential development in Warsaw's Służewiec district. The existing office development will be replaced by a 'destination' type residential quarter.
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 ...
BIK Park Sosnowiec II has successfully passed the BREEAM certification at the Very Good level. Last year, BIK Park Wrocław I and II - two other proper ...
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 ...
CPI Property Group has sold a 50 pct stake in a subsidiary that owns eight hotel properties in the Czech Republic to Bratislava-based Best Hotel Prope ...
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 ...
According to the special research report Romania Retail Destinations 2024, released by CBRE Romania, by the end of 2024 the stock of modern retail spa ...
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 ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
The structure of The Bridge skyscraper in Warsaw's Wola district has reached its final height, i.e. 174 m. The builders have just completed the last t ...
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 ...
One United Properties has concluded a memorandum of understanding with CPI Property Group for the acquisition of a 21 ha site close to the Eroii Revol ...
Centrum Černý Most, a shopping centre in the Prague region, is set to undergo a significant expansion of 9,100 sqm that will add over 30 new shops and ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a European members-only online des ...
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