ARTICLES LABELLED WITH TAG reconstruction

News Ukrainians are ready to rebuild their country – Real estate developers will play a critical role
10
May
2022

Ukrainians are ready to rebuild their country – Real estate developers will play a critical role

by Property Forum
The war launched by Russia on February 24th is still going on in Ukraine. Infrastructure facilities are being damaged every day. The cost of damages that experts share changes daily. According to the Centre for Economic Policy Research, the total expenses for reconstruction will range from $220 billion to $540 billion, writes Anna Nestulia, Principal at Invest in Projects for Property Forum.
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News Proxenta completes resi project in Bratislava
29
Apr
2022

Proxenta completes resi project in Bratislava

by Property Forum
The former bank atrium on the corner of Vysoká Street and 1st May Square in Bratislava has undergone an extensive transformation in recent months. The investment group Proxenta has successfully brought it to completion in just six months. The building with modern apartments in high standard has been built, writes online daily reality.trend.sk.
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News Reconstruction of iconic Bratislava building is on the horizon
21
Mar
2022

Reconstruction of iconic Bratislava building is on the horizon

by Property Forum
The military boarding school Hviezda in Bratislava, also known as "Kukurica", has been dilapidated for many years. The iconic high-rise building from the 1970s has a distinctive architectural style yet is a local landmark. However, it may already be on the verge of being saved. The Ministry of Defence of the Slovak Republic (MoD) has started taking the first steps towards reconstruction, according to Slovak websites reality.trend.sk and yimba.sk.
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News Koh-i-Noor factory in Prague to be transformed into 550 flats
03
Feb
2022

Koh-i-Noor factory in Prague to be transformed into 550 flats

by Property Forum
The Czech patent and pins factory owned by Koh-i-Noor Waldes is moving out of Prague after 120 years. Due to the merge with Massag factory the company is heading to Bílovec now. The current owner Pražská správa nemovitostí (PSN) plans to transform the historical factory buildings in the Prague Vršovice complex into a multifunctional project with 550 modern apartments and shops, e15.cz reports.
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News Prague starts reconstruction of iconic Industrial Palace
02
Feb
2022

Prague starts reconstruction of iconic Industrial Palace

by Property Forum
Thirteen years after the fire in 2008, the large Industrial Palace in Prague has begun renovation. Its reconstruction began on 1 February this year and should be completed within three years. According to the Czech Press Agency, the cost of the reconstruction is expected to be CZK 2.64 billion. The reconstruction will be carried out by a consortium led by Metrostav, Prague's City Hall announced.
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News Wing to rebrand Budapest shopping centre
17
Nov
2021

Wing to rebrand Budapest shopping centre

by Property Forum
The former EuroCenter shopping centre, currently being rebuilt by Wing, will be renamed GOBUDA Mall after the renovation. The building will re-open in the spring of 2022 according to plans.
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News CPI begins reconstruction of Budapest shopping centre
03
May
2021

CPI begins reconstruction of Budapest shopping centre

by Property Forum
The interior of the Campona shopping centre in South Buda, owned by CPI Property Group,  will be completely rebuilt by the end of 2021.
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News Wing to start renovation of Budapest shopping centre
01
Apr
2021

Wing to start renovation of Budapest shopping centre

by Property Forum
Hungarian developer Wing is set to start renovation works on the EuroCenter shopping centre in Budapest in the spring of 2021 with reopening scheduled for the spring of 2022. In addition to the international fashion brands, the shopping centre will offer its future visitors a diverse range of services, a renovated cinema, culinary experiences and a roof garden.
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News Fidurock obtains building permit for Brno project
19
Mar
2021

Fidurock obtains building permit for Brno project

by Property Forum
Czech-Dutch investment company Fidurock has obtained a building permit for the reconstruction of an apartment building in Brno.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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