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

  • Document State Enterprise, based in Kiev, has opened a branch in Poland. The administrative unit, directly cooperating with the Ukrainian government, began its operations in a 600 sq m office in Blue Office in Warsaw.
  • Medicover will open its seventh Kraków medical centre in the Brain Park office complex. The centre will occupy more than 1,500 sqm of space at its new address in an investment being developed by Echo Investment.
  • PM Group, the manufacturer and distributor of technical products and accessories for heat-insulating carpentry, has leased 2,200 sqm for a new distribution centre in ELI Park 3. The project part of the ELI Park Bucharest North West hub is developed by Element Industrial.

New appointments

  • Karol Milczarski has joined the ranks of Colliers Poland experts, taking up the position of Senior Associate in the Commercial Space Department. His main task is to comprehensively support clients in the process of acquiring attractive street locations not only on high streets, but also within densely populated residential districts.
  • Danubius Hotels has appointed Andrea Róna as Group Director of Development. She has decades of experience in hotel management and development as well as asset management. The expert will be responsible for the further expansion and development of the hotel chain.
  • Cushman & Wakefield promotes Petr Markvart, Head of Landlord Representation Services in the Office Agency team, to Partner.


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