CEE investment volume at €1.44 bln in Q1 – JLL

The volume of commercial real estate investment transactions in CEE reached €1.44 billion in Q1 2015, according to preliminary estimates by JLL. The Czech Republic accounted for nearly half of that sum, €731 million, followed by Poland with €458 million and Romania (€140 million).

Locked content PKP and Poczta Polska team up

Two state-controlled companies,  railway operator PKP and postal operator Poczta Polska signed a letter of intent regarding their cooperation on land development in Warsaw and Gdynia, PKP informed. The lands are located nearby Warszawa Główna station, ul. Chmielna in Warsaw and Gdynia Międzytorze. &...

Locked content Inpro puts 18 houses on the market

Real estate developer Inpro has begun the sale of 18 houses in the H stage of the Wróbla Staw Domy scheme in Gdańsk, the company announced on Monday. “The investment has been carried out in four phases. Apart from 18 houses in the last, H stage, which is set to be finalized on May 30,… ...

Locked content Myoni to develop apartments in historic fort

Real estate developer Myoni will construct 100 luxurious apartments on the area of 19th-century Fort Piłduskiego located in Warsaw’s Mokotów district. The project will include as many as 70 spacious apartments (150-180 sqm each),  as well as 30 smaller ones (30 sqm each). Myoni has already app...

Locked content Ronson sold 90% units in Verdis

Real estate developer Ronson has received permission to use the third stage of the Verdis project in Warsaw. The company announced that it had sold 136 apartments of 146 available. Thanks to the obtained permission, the company has started handing over the apartments to their owners. Ronson also rem...

Locked content Atal net profits up

Real estate developer Atal reported a consolidated net profit of PLN 132.65 million in 2014, compared with PLN 28.56 million in 2013, the company announced. The company’s operating profit amounted to PLN 161.33 million, versus PLN 32.69 million in the previous year. Sales revenue stood at PLN 447.71...

Locked content Lone Star to acquire GTC

Global private equity fund Lone Star Funds applied to Poland’s anti-monopoly watchdog, the UOKiK, for a takeover of Polish real estate developer, Globe Trade Center (GTC), UOKiK informed. Lone Star Funds has been investing in the real estate market, securities and other financial assets. GTC w...