News - Rezidor announces new signing in Poland
05
Dec
2017

Rezidor announces new signing in Poland

by Import Sys
The Rezidor Hotel Group announced the recent signings of six new hotels – expanding its momentum growth in capitals and primary strategic locations in Poland, Cameroon, Georgia, Saudi Arabia and Lebanon
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News - Griffin Real Estate subsidiary acquires €1 billion retail portfolio
05
Dec
2017

Griffin Real Estate subsidiary acquires €1 billion retail portfolio

by Import Sys
Griffin Real Estate subsidiary Chariot Top Group BV signed a preliminary agreement to acquire the “M1 Portfolio” for circa €1 billion. Sellers are funds managed by Ares Management L.P., AXA Investment Managers – Real Assets and Apollo Rida.
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News - EPP acquires €692 million retail portfolio in Poland
05
Dec
2017

EPP acquires €692 million retail portfolio in Poland

by Import Sys
EPP announced the acquisition of 12 major shopping centres and retail parks (M1 portfolio) in three tranches over the next three years. The acquisition from a consortium (owned 25% by Redefine Properties), totals €692 million and forms part of a larger 28 property portfolio that has been acquired by the consortium. Upon completion of the transaction in mid-2020, EPP’s portfolio will comprise at least 27 modern shopping centres comprising almost 1 million square metres GLA
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News - Mitiska REIM opens two new retail parks in Romania
04
Dec
2017

Mitiska REIM opens two new retail parks in Romania

by Import Sys
Mitiska REIM, in partnership with Squaretime Development, has announced the opening of two new retail park developments in the Romanian cities of Bistrita and Pascani.
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News - Iulius opens new office building in Timişoara
04
Dec
2017

Iulius opens new office building in Timişoara

by Import Sys
The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timişoara, the mixed-use project the company develops together with Atterbury Europe in the vicinity of Iulius Mall. United Business Center 1 (UBC 1) is the second building opened in Timişoara in 2017, after UBC 2 (18,000 sqm) opened in January. Following this latest achievement, the total office area delivered by Iulius on the local market over a single year now adds up to 31,000 sqm.
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News - eMAG invests €65 million in largest warehouse in SEE
04
Dec
2017

eMAG invests €65 million in largest warehouse in SEE

by Import Sys
eMAG, Romania’s largest online retailer announced that it is investing €65 million (RON 300 million) in a 120,000 sqm warehouse which will be built in Giurgiu County, the largest of its kind in Southeastern Europe. The warehouse is due for completion in 2019, zf.ro reports.
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News - Savills to manage M7’s Polish portfolio
04
Dec
2017

Savills to manage M7’s Polish portfolio

by Import Sys
Savills will manage two buildings in Poznań and three buildings in Warsaw. The two office buildings in Poznan are RB House and Dwór Hamburski. Tenants include IPF Group and T-Mobile Polska. Two other office buildings are Jasna 24 and Wola Plaza in Warsaw. Tenants include i.a. Hochtief Poland. The third Warsaw building is a modern warehouse Airport House with office and social facilities. The total portfolio under management amounts to 25,000 sqm.
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News - MLP Group launches construction near Katowice
04
Dec
2017

MLP Group launches construction near Katowice

by Import Sys
The MLP Group has allocated land for the construction of a new distribution center for MAKRO Polska to be built in the MLP Czeladź logistics park. It is anticipated that the construction will be complete and the finished warehouses will be handed over to the tenant in June 2018.
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News - Construction underway at Bucharest business park
04
Dec
2017

Construction underway at Bucharest business park

by Import Sys
Chapman Taylor reported that construction on Expo Business Park in Bucharest is underway. The 70,586 sqm development comprises three separate and self-contained office buildings set over a shared two-level basement parking structure.
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News - Goldman Sachs subsidiary to buy Polish residential developer
04
Dec
2017

Goldman Sachs subsidiary to buy Polish residential developer

by Import Sys
Bricks Acquisitions, part of the Goldman Sachs group, is to buy all shares of residential developer Robyg through a public tender on the Warsaw Stock Exchange. Bricks Acquisitions is to pay PLN 3.55 per share, which represents a total transaction price of around €244 million (PLN 1,027 million). Entries in the tender are to be accepted from 2 January, 2018 to 2 February, 2018.
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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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