News

Skanska sells its second office building in Bucharest to Globalworth – EuropaProperty

Swedish real estate development and construction group Skanska will sell its second office building in Bucharest to real estate investment company Globalworth for €47 million. Last year, Skanska also...

Investment Market

CMS supports developer in the acquisition of land for investment – EuropaProperty

CMS has advised the Asbud Group on the acquisition of land for development in Warsaw. The property developer plans to build about 1,100 apartments at ul. Grzybowska 85 and...

Retail News

CCC joins Galeria Północna in Warsaw – EuropaProperty

CCC, one of the largest manufacturers of footwear in Poland, has signed a lease contract with Galeria Północna, which is to commence operations in H1 2017. The project is...

Investment Market

Skanska claims prestigious 2015 office building investment awards – EuropaProperty

In 2015, Skanska has delivered to the market five office investments in Central and Eastern Europe, and sold six office buildings for over €250 million. In Poland, the company...

Retail News

Phase one of Multishop Jarocin breaks ground – EuropaProperty

Construction of phase one of retail park Multishop Jarocin broke ground in late October 2015. Cushman & Wakefield is responsible for its commercialization. Multishop Jarocin will offer 5,650 sqm...

General

OTP Bank Romania completes merger with Millennium Bank, aims for top 10 – EuropaProperty

Local lender OTP Bank will complete its merger with Millennium Bank Romania this month. The merger began in January this year, following a transaction worth €39 million for acquiring...

Warehousing, Logistics and Industrial

Panattoni Europe completes investment for Pilkington Automotive Poland – EuropaProperty

Panattoni Europe has completed works on the construction of a new manufacturing plant, which will make innovative automotive glass, for Pilkington Automotive Poland. The facility has been erected in...

Warehousing, Logistics and Industrial

Take-up sets a record, while the vacancy rate is declining slowly due to weak absorption – EuropaProperty

According to the latest Industrial market research by property advisor CBRE, growth in demand, encouraged by falling rental rates, was anticipated. Therefore, 41 percent of take-up relates to optimisation...

Warehousing, Logistics and Industrial

The value of industrial properties in Central Europe is growing – EuropaProperty

Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield. The...

Office Leasing

Vastint to complete two office buildings in Bucharest by 2017 – EuropaProperty

Vastint Romania, Swedish group Inter IKEA’s real estate division, will complete the first two office buildings in central Bucharest at the beginning of 2017. The company has started building...

Warehousing, Logistics and Industrial

One and a half million sqm of industrial space leased in Poland – EuropaProperty

Industrial space take-up in Poland has now hit 1.6 million sqm for the year. The share of speculative developments of space under construction has increased while the vacancy rate...

Office Leasing

Record year for the office leasing market in Warsaw – EuropaProperty

According to the latest report from Cushman & Wakefield, leasing activity is still growing, and 2015 may see a record-breaking volume of office space take-up in Warsaw. In Q3...

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