Winston Norman, Author at EuropaProperty.com

ELI begins construction of a 100,000 sqm logistics centre in Silesia

European Logistics Investment (ELI), a dynamically developing logistics platform in Poland, has begun construction of its newest warehouse scheme located in Tychy – one of the main logistics areas...

General

XXXLutz leases WDP’s warehouse in Dragomiresti

XXXLutz leased 6,000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s ring road. The new space will optimise the supply of its stores XXXLutz Militari and Pallady....

Office Leasing

Innova Work Station welcomes a new tenant

Luxurious DESEO Patisserie & Chocolaterie has opened in Innova Work Station, an office building in the Warsaw Służewiec district. The tenant was represented in the transaction by Estate Fellows,...

General

Wolf Theiss advises on one of the largest project finance transactions in Bulgaria

Wolf Theiss advised the European Bank for Reconstruction and Development (EBRD), the Black Sea Trade and Development Bank (BSTDB), the International Finance Corporation (IFC), UniCredit S.p.a., UniCredit Bulbank, UniCredit...

Investment Market

Hungarian Government to accelerate investment in rust zones

The concept of “rust zones” was introduced by the Hungarian legislation in 2020, covering neglected area reserves. Rust zones, due to the expansion of the cities, are now wedged...

Finance

EBRD invests €30 million in the Slovak Republic’s inaugural green bond

The European Bank for Reconstruction and Development (EBRD) has supported the Slovak Republic’s first green bond issuance with a €30 million investment in the senior preferred paper. The total...

Finance

UiPath CEO Daniel Dines officially becomes Romania’s richest man

UiPath, the biggest robotic processing automation (RPA) company in the world, launched by two Romanian entrepreneurs in Bucharest in 2005, has set a price of USD 56 per share...

Green Building

What can be done to change the negative impact of real estate on the environment?

Sustainability, including energy efficiency, in the real estate sector, is improving by the year. However, the pace of change is not fast enough to offset the growing energy demand....

Retail News

IKEA starts work on its third store in Romania

Swedish group IKEA, the largest furniture retailer globally, has started building a new store in Romania, in Dumbravita – near Timisoara. This will be the third IKEA store in...

Investment Market

Macquarie completes acquisition of €190 million Polish logistics real estate portfolio

Macquarie Asset Management has acquired the final asset in a €190 million logistics real estate portfolio in Poland on behalf of Bayerische Versorgungskammer (“BVK”), Germany’s largest pension fund. The...

Retail News

Carrefour to stay in Morski Park Handlowy

Carrefour has extended its lease agreement with Morski Park Handlowy for another 5 years. Following a recent expansion and new tenant mix, the centre is now among the most...

Office Leasing

Urban Jungle chooses Globalworth offices for more creative work

Urban Jungle, a creative agency for the real estate and architecture sectors, has chosen the Skylight & Lumen complex in Warsaw for its new offices. The office complex is...

Author: Winston Norman