News Property investments in Romania soar 33% in Q1 2024
22
Apr
2024

Property investments in Romania soar 33% in Q1 2024

by Property Forum
Real estate investments in Romania reached €205.75 million during Q1 2024, up 33% year-on-year, driven by the retail sector, shows a Fortim Trusted Advisors report.
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News CTP continues Poland expansion with 500,00 sqm land acquisition
22
Apr
2024

CTP continues Poland expansion with 500,00 sqm land acquisition

by Property Forum
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four strategic locations that provide the opportunity to build approximately 200,000 sqm of leasable space in the short term, with this land in Łódź, Toruń and the Warsaw agglomeration ready to start the development process. This land acquisition is part of CTP's strategy announced last year to invest €300 million in Poland to grow its warehouse portfolio - a key growth market for CTP. 
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News Panattoni starts construction of 87,500 sqm industrial park in Poland
22
Apr
2024

Panattoni starts construction of 87,500 sqm industrial park in Poland

by Property Forum
Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work has already been launched and is to be completed in September. It will comprise a 27,500 sqm building constructed on a speculative basis. The total area of the park is to come to 87,500 sqm. 
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News Delta Holding submits shopping centre project in Košice for approval
22
Apr
2024

Delta Holding submits shopping centre project in Košice for approval

by Property Forum
A new shopping centre called OCKE is to be developed in Košice, reports DennikE.sk. Provided that the permitting process and following construction are successful, it is going to be the second-largest shopping centre in the Eastern Slovakia metropolis.
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News Julius Meinl Living buys hotel in Bucharest
22
Apr
2024

Julius Meinl Living buys hotel in Bucharest

by Property Forum
Julius Meinl Living has completed the purchase of Ambasador Hotel in Bucharest, with the project set to undergo a major revamp and reopen as The Julius Bucharest in 2027.
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News One United Properties reports resi sale fall in Q1 2024
22
Apr
2024

One United Properties reports resi sale fall in Q1 2024

by Property Forum
Romanian developer One United Properties said its residential sales and pre-sales volumes totaled €57.1 million in Q1 2024, down by around 10% year-on-year.
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News Czech real estate investors remain cautious but optimistic
22
Apr
2024

Czech real estate investors remain cautious but optimistic

by Maria Novakova
The Czech property investment market has been quite quiet during the past months. Sales are rare; banks are taking a rather conservative approach to potential investments and transactions, which is coming across the real estate market. The first panel discussion of last week‘s Prague Property Forum 2024 dived into financing strategies and options for market awakening.
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News Segro signs 6,000 sqm tenant prolongation in Prague
19
Apr
2024

Segro signs 6,000 sqm tenant prolongation in Prague

by Property Forum
Segro has extended the lease agreement with Ikea in its park in Hostivice. The furniture dispensing warehouse has been located in SEGRO Logistics Park Prague since 2014.
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News Passerinvest finishes first stage of brownfield development in Prague
19
Apr
2024

Passerinvest finishes first stage of brownfield development in Prague

by Property Forum
Passerinvest Group has opened the Roztyly Plaza office building, approved in March, to its tenants. It is located in Prague 11, next to the metro station Roztyly.
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News BIG Poland acquires retail park near Warsaw
18
Apr
2024

BIG Poland acquires retail park near Warsaw

by Property Forum
Redkom Development finalised the sale of Park Glinianka in Łubna in the southern suburbs of Warsaw. The facility was purchased by CEE-BIG B.V. The price has not been disclosed. 
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.
  • Crosspoint Real Estate has appointed Oana Popescu as Partner. She has joined the Crosspoint team in the summer of 2017 and took over the lead of the residential department in 2022.
  • Urszula Sekuła has joined the Retail Institute team as Business Development Director. She will be responsible for business development in Poland and three European markets.

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