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2020-05-27  08:57
CIJ News iDesk II
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Company News

Polenergia’s profit grows 28% in Q1

Polenergia has unveiled its strategy for 2020-2024, which will reinforce its position among the leaders of the Polish renewable energy market. During the first quarter of 2020, the energy group improved its financial performance. The company’s adjusted net profit grew 28 percent y-o-y to PLN 51m, whereas the adjusted EBITDA increased 17 percent y-o-y, exceeding PLN 94m. “We are now ...
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2020-05-27  08:55
CIJ News iDesk II
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Company News

Łódź’s total office stock hits 528,300 sqm in Q1

Łódź’s total office stock stood at 528,300 sqm at the end of the first quarter, up 12.1 percent y-o-y, according to Cresa. More developments are being planned for post-industrial sites in Łódź. These include Fuzja, Echo Investment’s mixed-use project that will see an old power station revitalized. Its two first office buildings, which will be delivered in 2022, will be occupied by F...
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2020-05-27  08:54
CIJ News iDesk II
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Company News

Panattoni introduces new facade standard at...

Panattoni has introduced a new facade standard at its parks. The new facade features predominantly aluminium and glass, with a new color scheme and larger green areas. The innovative makeover is part of the company’s sustainable development approach, which includes reducing CO2 emissions, employee well-being, environmental stewardship as well as BREEAM Very Good certification of new...
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2020-05-27  08:52
CIJ News iDesk II
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Company News

MLP Group posts net profit of PLN 113m in Q1

MLP Group reported a net profit of PLN 112.6m in the first quarter of 2020, a nine-fold increase y-o-y. Equity rose to PLN 1.05bn. This corresponds to gross investment property value, which grew 12 percent over the first three months of the year to PLN 2.14bn. MLP Group continues on its path of rapid growth, with its broad selection of warehouse space constantly expanding. The group...
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2020-05-27  08:45
CIJ News iDesk III
Events

Remembering 2019 CIJ Awards Romania

At the CIJ Awards Romania, 28 projects, transactions and property professionals were honoured for outstanding achievement in real estate over the past year. The CIJ Awards Romania 2019 took place in front of a record crowd that filled the main ballroom of the Radisson Blu hotel in downtown Bucharest. The evening brought together the very best Romania's property sector has to off...
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2020-05-26  17:44
CIJ iDesk I
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Company News

Google to allow home office until...

Google's announcement that it would be having its workforce carry on working from home made it just the latest in a string of tech companies that are unwilling to risk the health, or the ire, of their workforce. It's a remarkable turnaround for an industry that until just a few months ago was creating increasingly lavish office campuses to pamper its existing staff and attra...
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2020-05-26  17:01
CIJ News iDesk VII
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Events

Average mortgage loan size in Spain drops to...

The total number of residential mortgages fell by 27.3 percent March compared to the same month last year, while the total number of mortgages on all types of real estate dropped 28.7 percent. The decline has resulted in a 2.6 percent drop in the size of the average residential loan to €126,906. The average interest rate on new mortgages was 2.2 percent over the first three months of ...
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2020-05-26  16:59
CIJ News iDesk V
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Economy

Russian banks issue interest-free loans to...

Russian banks have issued 50 billion rubles in interest-free loans in an attempt to help companies maintain their employees rather than firing them, according to the Economic Development Ministry. The preferential loans were received by enterprises in industries such as metallurgy, mechanical engineering, transport and furniture building, said the ministry, while funds were also made ...
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2020-05-26  16:52
CIJ News iDesk III
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Events

First day of HOF Awards & Forum 2020...

The first day of the HOF Awards & Forum convened online on May 26, with a webinar that began with a discussion of the new role and importance of flexible office space solutions in the era of the coronavirus pandemic. The event took place online since it was the only practical way in today's environment to bring together forum speakers and award winners from locations as diver...
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2020-05-26  16:49
CIJ News iDesk VII
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Events

Portuguese TAP will have 247 flights weekly...

Portugal's flagship airline TAP has published its flight plan for the next two months, shows that it will be offering just 27 weekly flights in June. But this figure will to 247 in July, with the majority of them originating in Lisbon. TAP has gradually been adding flights this month to new destinations as restrictions on airlines are lifted, including flights to London, Paris, S...
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