News - VGP welcomes new tenant in Ústí nad Labem
18
Nov
2024

VGP welcomes new tenant in Ústí nad Labem

by Property Forum
VGP has reached another milestone in VGP Park Ústí nad Labem City.  It has completed and handed over building B, where RTR-TRANSPORT A LOGISTIKA has leased warehouse and office premises.
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News - Cresco adds new stage to Bratislava development
18
Nov
2024

Cresco adds new stage to Bratislava development

by Property Forum
Cresco Real Estate has been developing the Slnečnice district south of Bratislava's Petržalka quarter since 2010. Now it has begun to transform the territory of the local hill into the new part called Villadomy Zone.
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News - Wallberg secures funding for resi project in Timișoara
18
Nov
2024

Wallberg secures funding for resi project in Timișoara

by Property Forum
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
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News - Let your voice be heard: Vote for 2024’s PropTech of the Year!
18
Nov
2024

Let your voice be heard: Vote for 2024’s PropTech of the Year!

by Property Forum
Property Forum is inviting its readers to select the winner of one of its CEE Property Forum Awards. Voting for the PropTech of the Year category is now open and closes on Friday morning (22 November, 10:00 CET).
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News - Property investments in Romania soar to €655 million over nine months
18
Nov
2024

Property investments in Romania soar to €655 million over nine months

by Property Forum
Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
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News - Penta invites architects to compete in Prague
15
Nov
2024

Penta invites architects to compete in Prague

by Property Forum
The transformation of Prague's Florenc quarter is progressing to the next phase. Penta Real Estate, in cooperation with the capital city of Prague and the city districts of Prague 1 and Prague 8, has announced four international architectural competitions for four blocks in the area between the highway and the Prague-Florenc bus station.
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News - Renovated department store in Prague to be sold
15
Nov
2024

Renovated department store in Prague to be sold

by Property Forum
The Amadeus Real Estate Group is preparing to sell the Máj department store in the centre of Prague to Realita fund, managed by the investment company Atris, reports Seznamzpravy.cz.
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News - Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News - Polish e-commerce enjoys rapid development
14
Nov
2024

Polish e-commerce enjoys rapid development

by Property Forum
CEE is one of the most promising locations for e-commerce, according to the latest report from Cushman & Wakefield. In addition, data from Cushman & Wakefield shows that Poland accounts for over half of the turnover reported in the CEE region. The growth outlook for the Polish e-commerce sector is even more positive, as logistics costs in Poland - which are strategically important for e-commerce - are 18% lower than in the Czech Republic and 50% lower than in Germany.
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News - Panattoni gets green financing for BTS in Bydgoszcz
14
Nov
2024

Panattoni gets green financing for BTS in Bydgoszcz

by Property Forum
Panattoni has been awarded a green loan from Berlin Hyp AG worth €74.34 million. The financing is for a logistics centre in Bydgoszcz.
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Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.

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