The Austrian investor and developer Immofinanz started work on its first office scheme in Poland this month. Called Nimbus, the project broke ground on Aleje Jerozolimskie street in Warsaw and will add 19,000 sqm of leasable space to the local market. The investment is worth €27m. Immofinanz hopes to have [...]

  Backed by the most active Czech property company, CPI, this COPA Center scheme gets underway. On July 10th construction on the long-delayed COPA Center should start above Národní metro station in the very center of Prague. Having appointed Metrostav as the general contractor, the developer CPI claims the last thing [...]

Immofinanz ‘s CEO says investors need to seize their opportunities as they arise. You can move forward on your Jindrišská project without financing, so you don’t need a pre-lease. But is it worth it to use so much equity of your own equity to build? We have enough equity, we [...]