ARTICLES LABELLED WITH TAG Budimex

News Budimex Nieruchomości becomes Spravia
15
Jun
2021

Budimex Nieruchomości becomes Spravia

by Property Forum
Budimex SA has signed the final sales agreement of Budimex Nieruchomości. Therefore, the private equity investment firm Cornerstone Partners and Czech development group Crestyl took over the entire shareholding of the company.  This is the biggest acquisition in Poland and Central and Eastern Europe since the outbreak of COVID-19 pandemic. The next stage is changing the name of the company - Budimex Nieruchomości is now Spravia.
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News Crestyl and Cornerstone complete Budimex acquisition
25
May
2021

Crestyl and Cornerstone complete Budimex acquisition

by Property Forum
Czech real estate developer and investor Crestyl, together with investment management firm Cornerstone Partners, completed the acquisition of Polish residential developer Budimex Nieruchomości. Budimex Nieruchomości was a subsidiary of Poland's largest construction group, Budimex SA, owned by the Spanish infrastructure giant Ferrovial.
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News Heimstaden buys residential portfolio in Poland from Budimex
25
May
2021

Heimstaden buys residential portfolio in Poland from Budimex

by Property Forum
Heimstaden subsidiary, Heimstaden Bostad AB, is to buy a newly-built residential portfolio with 2,496 homes in Poland for €305 million (SEK 3.1 billion) from leading Polish residential development company, Budimex.
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News Vastint launches new phase of Gdynia mixed-use project
29
Mar
2021

Vastint launches new phase of Gdynia mixed-use project

by Property Forum
Vastint Poland has signed a contract with Budimex SA for general contracting services for the initial part of the second phase of the Waterfront complex in Gdynia. The planned investment will be built on Hryniewickiego Street, in the vicinity of Kościuszko Square, and will comprise the construction of four buildings totalling ​​45,000 sqm including underground garages. The general contractor plans to start construction in May of this year, with the investment scheduled for completion in 2023.
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News Cornerstone Partners and Crestyl buy Budimex Nieruchomości
22
Feb
2021

Cornerstone Partners and Crestyl buy Budimex Nieruchomości

by Property Forum
Cornerstone Partners, a corporate and real estate private equity investment manager, together with Crestyl Group, a Czech leader in developing multi-purpose real estate projects, have entered into a contract to buy Polish residential developer Budimex Nieruchomości. Other partners participating in the deal include blue-chip financial investors. The conclusion of the transaction is subject to approval from Poland's Anti-Monopoly Office.
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Latest news


New leases

  • Freundschaft is joining the tenants of the N21 office building in Warsaw. The advertising agency will move into its new premises in May 2024. The company will occupy over 500 sqm of space in the facility.
  • Bank Pocztowy has decided to extend its lease agreement for a space of approximately 2.6 thousand sqm in the Corner House office building on Puławska Street in Warsaw. In the process of renegotiating the lease agreement, the bank was supported by the consulting agency Corees Polska.
  • The MAK Group of insurance companies has decided to remain in its current HQ in the Nefryt building in Warsaw's Mokotow district. The company will remain based in an office of approximately 2,500 sqm for the next six years.

New appointments

  • DVM group, an integrated architectural and construction services provider is restructuring its design department. Ákos Csécsei has been appointed to head the architectural design department and Tímea Fekete-Tóth to lead the interior design department. The managers have grown with the company, with multiple projects to their name.
  • Meta Estate Trust has named Adela Antone as Investment Director. She has around 20 years’ worth of experience in the banking and real estate sectors.
  • The Gdańsk-based consultancy agency Querco Property is expanding its team of advisors in the industrial department at its new branch in Warsaw. Grzegorz Furmanek has joined the group of experts, who - as a negotiator - will also handle technical consultancy for clients.

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