News - BNPPRE to commercialize Warsaw office complex
14
Feb
2019

BNPPRE to commercialize Warsaw office complex

by Property Forum
The landlord representation team at BNP Paribas Real Estate Poland, acting as an exclusive agent, will be responsible for leasing the vacant space in the Vipol Plaza office complex.
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News - Atenor progresses with new Budapest project
14
Feb
2019

Atenor progresses with new Budapest project

by Property Forum
Atenor announced that its latest large-scale Budapest project, Aréna Business Campus has secured its first two signed lease contracts for the first building. More than 700 sqm ground floor area has been leased to Costa Coffee and a medical centre, one year prior to the building’s handover.
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News - C&W becomes PM of multi-purpose Prague building
14
Feb
2019

C&W becomes PM of multi-purpose Prague building

by Property Forum
Cushman & Wakefield has become the new property manager for Myslbek, the iconic multi-purpose building owned by AEW. As part of Cushman & Wakefield’s international collaboration, its Polish office has become the manager of two major shopping and office centres in Poland, Klif in Gdynia, Klif House of Fashion and Klif Tower in Warsaw from the same owners. Both offices assume their property management duties in February 2019.
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News - Developers go for mixed-use projects in Poland
14
Feb
2019

Developers go for mixed-use projects in Poland

by Property Forum
Decreasing supply of attractive land parcels combined with growing prices are directing investors' attention to areas with objects that require either demolition or revitalization. Multi-functional projects are still gaining popularity in Poland, according to JLL’s report.
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News - Another good year for Poland’s warehouse market
14
Feb
2019

Another good year for Poland’s warehouse market

by Property Forum
Poland’s warehouse market is set to maintain a strong momentum this year, driven by robust occupier interest with demand outstripping supply for many months and the economy powering ahead.
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News - Investors love Bucharest offices
14
Feb
2019

Investors love Bucharest offices

by Property Forum
Office building transactions on the Romanian market reached the highest level of the last decade in 2018, as 20 assets with a total GLA of 220,000 square meters and a value of more than €500 million were transacted only in Bucharest, according to Cushman & Wakefield Echinox.
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News - HB Reavis enters Germany, plans to sell most Czech assets
14
Feb
2019

HB Reavis enters Germany, plans to sell most Czech assets

by Property Forum
HB Reavis marked its ambitious plans for growth in Germany by announcing two major acquisitions in Berlin and Dresden totalling 3.5 hectares. Plans will see the introduction of HB Reavis’ co-working initiative as well as designs aimed at and catering to a range of businesses, from start-ups and scale-ups to larger corporations, all while fostering well-being and productivity.
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News - Golub GetHouse plans 140-metre-tall residential tower in Warsaw
14
Feb
2019

Golub GetHouse plans 140-metre-tall residential tower in Warsaw

by Property Forum
A 140-metre-tall residential tower with a cascade roof, including a hotel and a four-storey underground car park – this is what Liberty Tower looks like in a nutshell. The latest Golub GetHouse project will be built at the intersection of Żelazna and Grzybowska streets in Warsaw's Wola district. The construction of the high-rise building designed by the American architecture studio Arquitectonica is scheduled to start in Q2 2020.
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News - AFI Europe to buy Casa Radio building in Bucharest
14
Feb
2019

AFI Europe to buy Casa Radio building in Bucharest

by Property Forum
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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News - Budapest and Prague become leaders in logistics rental growth
14
Feb
2019

Budapest and Prague become leaders in logistics rental growth

by Property Forum
Logistics real estate rent growth remained considerable in 2018, with rents rising 6% globally. Consistent with the past several years, the U.S. outperformed, with 8% growth. However, other regions were just as notable. China was a clear leader with 8% growth. In Europe, rents rose 5%, a near doubling in growth from 2017 and the fastest annual growth in the region based on data reaching back more than 10 years, according to new research by Prologis.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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