PHN Group achieves solid financial results in 2020
In 2020, Polski Holding Nieruchomości increased its rental revenue to PLN 188.9 million compared to PLN 171.9 million in 2019. As a result, its rental profit increased to PLN...
Category: General
Alukonigstahl targets business consolidation and development on residential in 2021
Alukonigstahl Romania, the local subsidiary of the European market leader in aluminium, PVC and steel systems registered €21.5 million euros turnover between January – December 2020 and it further...
Czech Philharmonic and Arcona plan to open up the Rudolfinum roof terrace for public use
The Czech Philharmonic and corporate sponsor Arcona Capital have announced a major development project at the Rudolfinum in Prague. Works to improve the safety and accessibility of the Rudolfinum’s...
WSE-listed construction companies with strong profit-margin improvement in 2020
Aggregate revenue reported by nearly 20 construction groups whose stock is listed on the Warsaw Stock Exchange grew by a nominal 4.3 percent in 2020, which is a scant...
Accor expanding Mercure portfolio in Romania
Mercure Medias Binderbubi Hotel and SPA has officially opened its doors for its first guests, after a major refurbishment. The hotel offers 46 elegant rooms and suites, a restaurant...
DVM group’s ArchViz Team continues as separate dvision
Architectural visualization has been an important subset of the DVM group’s integrated design offer since 2017. The increasing internal project volume and the international demand for renders, movies, 360°...
HAGAG digitizes the sale process of its residential units
Real estate developer HAGAG Development Europe recently completed the implementation of Realpad Software, thus digitising sales operations for all residential units available in its ongoing projects H Pipera Lake,...
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....
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...
ibis Styles is coming to Golden Sands in Bulgaria
Accor continues to strengthen and expands its portfolio in South-Eastern Europe, with the signing of a franchise agreement with Valdemosa EOOD for the rebranding of the existing freshly renovated...
JLL reflects on the Romanian real estate market a year after the pandemic
JLL gave a retrospective of what the last 12 months have meant for the Romanian real estate market, focusing on how the health crisis has reshaped the business approach...
Annual RevPAR performance 2020 slid by about two thirds in all Baltic States
Christie & Co, an international hotel property adviser, releases its analysis of the Baltic hotel market 2020, which denotes the impact of the Covid-19 pandemic on the capitals Tallinn,...
