News CPIPG reacts to rating downgrade and other recent events
03
Jun
2024

CPIPG reacts to rating downgrade and other recent events

by Property Forum
S&P Global Ratings has downgraded CPIPG’s rating from BBB- to BB+ with a negative outlook. CPIPG has communicated an update for its stakeholders concerning recent events and news.
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News Portland Trust sells 50 ha land plot in Romania
03
Jun
2024

Portland Trust sells 50 ha land plot in Romania

by Property Forum
Real estate developer Portland Trust has sold a 50-hectare land plot in Moara Vlasiei to FallCreek, a blueberry nursery stock provider, marking the company’s entry in Romania.
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News VGP extends logistics park in Timișoara
03
Jun
2024

VGP extends logistics park in Timișoara

by Property Forum
VGP has started the development of a new industrial building with a leasable area of 32,768 sqm in VGP Park Timișoara.
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News JTRE launches another construction in Eurovea city
03
Jun
2024

JTRE launches another construction in Eurovea city

by Property Forum
Developer JTRE has started construction on the Ganz House project, reports Yimba.sk. The project is part of Eurovea City between Landererová Street and the Danube embankment.
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News Kinstellar advises Globalworth on industrial sale in Romania
31
May
2024

Kinstellar advises Globalworth on industrial sale in Romania

by Property Forum
Law firm Kinstellar has advised Globalworth on the sale of a part of its logistics portfolio to CTP. The deal was signed in March 2024 and the closing was recorded in the next month.
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News Iulius gets double green certification for office building in Iași
30
May
2024

Iulius gets double green certification for office building in Iași

by Property Forum
Palas Campus, the largest office building in Romania, developed by Romanian developer Iulius in Iași, has achieved two green certifications.
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News Globalworth gets LEED certification for Bucharest office building
30
May
2024

Globalworth gets LEED certification for Bucharest office building

by Property Forum
Globalworth has secured the LEED certification for Globalworth Tower Center International, located in the CBD area of Bucharest. Cushman & Wakefield Echinox has assisted the office developer in the certification process.
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News La Gloire invests €8.5 million in Bucharest boutique resi project
30
May
2024

La Gloire invests €8.5 million in Bucharest boutique resi project

by Property Forum
Romanian developer La Gloire Elite is investing €8.5 million in a high-end residential building based in central Bucharest.
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News Tatry Mountain Resorts wants to double equity capital
30
May
2024

Tatry Mountain Resorts wants to double equity capital

by Property Forum
The general assembly of Tatry Mountain Resorts has agreed to issue approximately 6.3 million of new actions. The tourist operator is hoping to get up to €120 million of new capital.
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News RSJ completes reconstruction of Prague building
29
May
2024

RSJ completes reconstruction of Prague building

by Property Forum
The RSJ investment group has completed the reconstruction of the U Červené lišky (At the Red Fox) building on Old Town Square in Prague. The investment group RSJ has owned the property U Červené lišky since December 2021 and evaluated the purchase more as a matter of the heart than as an investment.
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Latest news


New leases

  • 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.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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