Vastint Poland has entered into a definitive agreement for the sale of the first stage of Business Garden Poznan. The Singaporean fund Cromwell European REIT became the new owner of the property.

Globalworth confirmed the completion of the delisting of its Polish subsidiary, Globalworth Poland Real Estate N.V. from the Warsaw Stock Exchange with effect from 29 September 2019.  With the company's shareholding in GPRE having reached 99.92%, the remaining shares in GPRE will now be acquired through a mandatory acquisition, thereby completing this process.

CBRE promotes Tudor Ionescu as Head of Advisory & Transaction Services for the office sector of CBRE Romania. The nomination of Tudor, a professional architect, specialised in workplace consultancy, represents a change of strategy of CBRE, which becomes the first real estate company focusing on the experience of users in office spaces.

Atenor has opened a new showroom in Aréna Business Campus Building A that is under construction in Budapest. The building will be handed over in Q2 2020. At the same time, construction of Building B has already been started.

Panattoni Europe expands its portfolio in the Kuyavia-Pomerania region. The cornerstone has been laid under Panattoni Park Toruń II with planned space of 57,500 sqm. The two-building complex is being built in the north-eastern part of Toruń and has already secured its first tenant – a logistics operator, set to take up 5,000 sqm. Stage one of the investment process – a hall featuring close to 16,500 sqm – will be completed by next March.

Cushman & Wakefield has been appointed an exclusive commercialisation agent for the Bawełnianka Shopping Centre in Bełchatów. The owner of the scheme is Krakow-based Gbb Invest Spółka z o.o.

Having closed CEE’s largest ever real estate transaction this summer, CTP is carrying on with its ambitious development plan. Group CFO Richard Wilkinson talked to Property Forum about the company’s upcoming projects and the financing conditions industrial developers face.

Radisson Hotel Group announced an agreement with Polish hotel investor Europlan for a new Radisson Blu resort in Poland. Located in Mazury Lakes, the Radisson Blu Resort, Ostroda Mazury Lakes will have its own marina and water park. The new property brings the group´s portfolio in Poland to 19 properties across five brands – including Radisson Collection, Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson – and will strengthen the group´s position as the largest international operator for leisure destinations in Poland.

M7 Real Estate has completed the sale of a portfolio of five logistics parks across Hungary, on behalf of M7 Central European Real Estate Fund I (CEREF I).

Hines Global Income Trust has acquired a logistics property in Łódź. The property is a Class A facility designed for storage and light production and will be managed by Hines Polska. Along with its acquisition in Gdansk earlier this month, this acquisition represents Hines Global’s second Polish logistics facility.