News

Finance

pbb posts markedly higher pre-tax profit of €52 million in Q1 2021

Deutsche Pfandbriefbank AG (pbb) starts 2021 on a strong note. With a pre-tax profit of €52 million, the real estate lender exceeded the previous year’s figure of €2 million...

Investment Market

REINO-IO buys 5 logistics parks in Poland for UK’s Grosvenor Group

REINO-IO, an entity established by REINO Capital, a holding company listed on the Warsaw Stock Exchange, and IO Asset Management, a specialized industrial asset manager, expanded its managed portfolio...

Investment Market

Q1 sees €1.25 billion invested in Polish real estate mainly from Europe to office investments

In the first quarter of this year, €1.25 billion was spent on commercial real estate in Poland. This reflects a decrease of only 1.5 percent compared to the five-year...

Residential

KCG Partners reveals positive news on Hungary’s apartment market

The Hungarian Central Statistical Office released the price index of the apartment market regarding the fourth quarter of 2020. Surprisingly, regardless of the adverse effects of the pandemic, the...

Warehousing, Logistics and Industrial

Cargus invests €500,000 in a modern warehouse located in Buzau

Cargus, an experienced courier company operating in Romania, has opened its standardised and modern warehouse in Buzau, following a €500,000 investment. The new warehouse has a built-to-suit concept for...

Warehousing, Logistics and Industrial

Globalworth expands its industrial activity in Arad and Oradea

Globalworth Industrial, Globalworth’s logistics and industrial sub-brand is expanding its portfolio by purchasing two industrial projects with a total area of 27,000 sqm. The value of the IPW Arad...

Retail News

Eight new retail openings for Poland in Q1 2021

Close to 70,000 sqm of new retail space was delivered to the Polish market in Q1 2021, revealed Cushman & Wakefield. The new supply was dominated by small retail...

Warehousing, Logistics and Industrial

Tuopu chooses 7R and opens e-car components factory in Poznań

The 7R City Park Poznań complex will house the first European plant of the Ningbo Tuopu Group, a Chinese automotive company. Tuopu cooperates with global brands from the automotive...

Retail News

Dino opens 59 new stores in Poland in Q1 2021

The Dino network opened 59 new stores in Q1 2021, the company now has 1,532 stores in Poland, up 298 versus March 2020, signifying a 24.1 percent growth on...

Office Leasing

Office activity in e-commerce, IT, and BPO/SSC sectors drives job market

Many companies have restarted recruitment and several international corporations have announced plans to open more shared services centres in Poland. The office market is also seeing a rebound in...

Poland is the third most popular location in the world for foreign investors

Poland came third in terms of the inflow of foreign direct investment. The country announced 30 projects worth $1.2 billion. In the international race, only the United States and...

European Cancer Organisation calls for urgent action as one million Cancer cases are undiagnosed in Europe due to Covid-19

Nearly one million Cancer cases in Europe are being missed due to Covid-19, according to new data published today by the European Cancer Organisation (E.C.O). The findings, a stark...

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