News BHM Industrial Park Belgrade kicks off expansion
04
Jun
2024

BHM Industrial Park Belgrade kicks off expansion

by Property Forum
The development of a new industrial building with a leasable area of 27,500 sqm has kicked off at BHM Industrial Park Belgrade (IPB), with completion expected by the end of 2024.
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News Industrial deliveries in Romania down 69% in Q1 2024
03
Jun
2024

Industrial deliveries in Romania down 69% in Q1 2024

by Property Forum
The industrial sector in Romania is recording a slowdown in Q1 2024, with the same trend being recorded across Central and Eastern Europe (CEE) markets, according to a iO Partners analysis.
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News Bulgaria's construction sector grapples with low EU fund absorption
03
Jun
2024

Bulgaria's construction sector grapples with low EU fund absorption

by Property Forum
Bulgaria is recording a slowdown of EU funds’ absorption, which could limit new investments in infrastructure and the energy efficiency of the building stock, according to research by the Eastern European Construction Forecasting Association (EECFA).
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News CPI Property Group closes €600 million of disposals YTD
03
Jun
2024

CPI Property Group closes €600 million of disposals YTD

by Property Forum
CPIPG has published unaudited financial results for the three months ending 31 March 2024. Total assets have reached €21.5 billion, and CPIPG’s property portfolio is equal to €19.2 billion (versus €19.5 billion at year-end 2023).
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News CTP names new Construction Director in Romania
03
Jun
2024

CTP names new Construction Director in Romania

by Property Forum
Industrial developer CTP has named Ionuț Puiu as Construction Director as part of the company’s strategy to expand its portfolio in Romania.
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News CBRE names new Country Head in Bulgaria
03
Jun
2024

CBRE names new Country Head in Bulgaria

by Property Forum
CBRE has appointed Verka Petkova-Shekerova as Country Head for the Bulgarian market within its Southeast Europe (SEE) office. She is replacing Sladjana Popović, who will continue to lead ESG & Sustainability services department for the region.
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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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Latest news


New leases

  • 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.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

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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