News RICS: Global sentiment on commercial real estate remains cautious
25
Jul
2024

RICS: Global sentiment on commercial real estate remains cautious

by Property Forum
The headline RICS Commercial Property Sentiment Index (CPSI) holds steady in the latest survey for Q2 2024, while the outlook for secondary offices and retail remains particularly negative in many markets.
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News Invesco Real Estate announces first mezzanine deal in CEE
24
Jul
2024

Invesco Real Estate announces first mezzanine deal in CEE

by Property Forum
Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III). The €20 million loan has been secured against the BTS logistics facility in Psary (Upper Silesia, Poland), recently completed by DL Invest. 
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News Panattoni to complete city logistics park in Kraków
24
Jul
2024

Panattoni to complete city logistics park in Kraków

by Property Forum
Panattoni has begun the final construction stage of its City Logistics Kraków I urban park in the city’s Nowa Huta district. A total of 11,300 sqm is to be built with the park to expand to its final target size of 36,500 sqm.
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News Slovakia's Alto Group reveals 2023 financial results
24
Jul
2024

Slovakia's Alto Group reveals 2023 financial results

by Property Forum
Despite an increasing vacancy rate in the office market reaching 14.2 per cent and sale stagnation in the residential segment in 2023, the Alto Group has now announced a net consolidated profit after tax of €8.5 million. 
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News Half of resi project near Bratislava forest park sells out
24
Jul
2024

Half of resi project near Bratislava forest park sells out

by Property Forum
The Pri Studničke project near the Bratislava Forest Park has reached the threshold of 50% of apartments sold. The project is already under construction.
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News AFI welcomes new tenants in Karlín, Prague
24
Jul
2024

AFI welcomes new tenants in Karlín, Prague

by Property Forum
AFI Europe's AFI Karlín office complex in Prague has announced the arrival of new tenants. A law firm is moving its team here, and a media and entertainment company is going to open a development centre for its streaming video service in the building.
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News Kinstellar advises Globalworth on deal with WDP
24
Jul
2024

Kinstellar advises Globalworth on deal with WDP

by Property Forum
Law firm Kinstellar has advised Globalworth on the sale of a logistics portfolio in Romania to WDP, in one of the biggest industrial transactions completed in Romania in the year to date.
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News Immofinanz eyes further integration into CPIPG
23
Jul
2024

Immofinanz eyes further integration into CPIPG

by Property Forum
The board of real estate group Immofinanz has approved a framework with CPI Property Group (CPIPG), which holds 75% of the company, which paves the way for future consolidation of the two groups.
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News Forestay and Recorde invest in student accommodation in Budapest
23
Jul
2024

Forestay and Recorde invest in student accommodation in Budapest

by Property Forum
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.  
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News Radisson opens new hotel in Kraków
23
Jul
2024

Radisson opens new hotel in Kraków

by Property Forum
The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.
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Latest news


New leases

  • Iulius Mall Suceava has attracted a raft of new tenants. LPP will inaugurate a 2,000 sqm Reserved store in October. German retailer New Yorker will open a 1,400 sqm unit, while TEDi discounter will open a 900 sqm store in the project owned by Iulius.
  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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