News Immofinanz sees profit surge in H1 2024
29
Aug
2024

Immofinanz sees profit surge in H1 2024

by Property Forum
Immofinanz Group, majority owned by CPI Property Group, recorded a rental income growth of 13% during H1 2024 to €292.5 million compared to the same period of last year and recorded a strong profit, according to a financial report.
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News SIOR Foundation awards $22,000 grant to Ukraine real estate school
28
Aug
2024

SIOR Foundation awards $22,000 grant to Ukraine real estate school

by Property Forum
The Society of Industrial and Office Realtors (SIOR) Foundation has awarded a $22,000 grant to the Kyiv School of Development (KSD). The funding will be used for the training of at least 100 reconstruction specialists to help rebuild Ukraine. 
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News Belgians lead investments in Romania’s property sector
28
Aug
2024

Belgians lead investments in Romania’s property sector

by Property Forum
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study. 
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News Cushman & Wakefield to manage Vibe in Warsaw
28
Aug
2024

Cushman & Wakefield to manage Vibe in Warsaw

by Property Forum
Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district. 
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News Demand and rents grow in Prague's office market
28
Aug
2024

Demand and rents grow in Prague's office market

by Property Forum
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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News CTP completes premises for Fiege in Žatec
28
Aug
2024

CTP completes premises for Fiege in Žatec

by Property Forum
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege s.r.o. From this location, Fiege is planning to store and subsequently distribute tyres for retail clients from the Czech Republic, Moravia and Slovakia.
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News CTP names new Group Business Development Director
28
Aug
2024

CTP names new Group Business Development Director

by Property Forum
Industrial developer CTP has named Karel Stransky as its new Group Business Development Director. He is tasked with overseeing business development teams in the individual countries CTP operates in.
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News Wing completes mixed-use project in Budapest
27
Aug
2024

Wing completes mixed-use project in Budapest

by Property Forum
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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News Heavily polluted environments reduce cognitive abilities by half
27
Aug
2024

Heavily polluted environments reduce cognitive abilities by half

by Property Forum
Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.
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News Logicor makes large land purchase in Eastern Bucharest
27
Aug
2024

Logicor makes large land purchase in Eastern Bucharest

by Property Forum
Logistics developer Logicor has purchased a land plot spanning 4.6 hectares from toy retailer Jumbo for an undisclosed sum.
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Latest news


New leases

  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.
  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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