News InteRo Property Development to invest over €170 million in northern Bucharest
03
Apr
2024

InteRo Property Development to invest over €170 million in northern Bucharest

by Property Forum
InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.
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News Hungary’s Wing completes €37 million bond issue
03
Apr
2024

Hungary’s Wing completes €37 million bond issue

by Property Forum
Hungarian property developer and investor Wing has completed a €37 million bond issue. With an aggregate principal amount of €37 million, the bonds have a maturity of 3 years and a fixed interest rate of 8.90 per cent. The company has accepted all offers received, intending to use the funds raised from the successful issue to pursue new investment opportunities and launch new real estate development projects.
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News Time of sham ESG activities is coming to an end
03
Apr
2024

Time of sham ESG activities is coming to an end

by Michał Poręcki
Anna Wojciechowska, Head of ESG at Robyg, talked to Property Forum about the implementation of the principles of sustainability in the Polish residential market and the factors, that will affect the ESG-related activities in the following years.
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News MLP Group unveils strategic goals through 2028
02
Apr
2024

MLP Group unveils strategic goals through 2028

by Property Forum
The Group aims to at least double its revenue to €183-215 million in 2028, triple its EBITDA (excluding revaluations) within five years to €112–132 million in 2028, nearly triple funds from operations (FFO) to €51–60 million in 2028, and at least double its net asset value (NAV) per share to €48–56 million in 2028.
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News Sierra Balmain takes over property management of Galeria Pomorska
02
Apr
2024

Sierra Balmain takes over property management of Galeria Pomorska

by Property Forum
Sierra Balmain is expanding its portfolio with another shopping mall. Starting in April, the company will take over property management of Galeria Pomorska in Bydgoszcz. The group will handle all the ongoing operations of the facility.
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News Cresco's addition to Slnečnice in Bratislava gets approval
02
Apr
2024

Cresco's addition to Slnečnice in Bratislava gets approval

by Property Forum
The Bratislava residential quarter developed by Cresco Real Estate has grown by 379 approved apartments and suites in the Slnečnice POP project. The westernmost part of Slnečnice, which is adjacent to the completed Petržalska tramway, has received the approval decision after 21 months.
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News Geopolitical tensions fuel nearshoring trends in CEE
02
Apr
2024

Geopolitical tensions fuel nearshoring trends in CEE

by Maria Novakova
The logistics market has proven to be the most resilient asset class and has seen its importance emerge during and after the COVID-19 pandemic. Still, developers are not standing idly by, they are looking for new horizons, in terms of figures, service quality and creativity. These are some of the conclusions of the panel discussion focusing on the Slovak logistics market at the recently organised Bratislava Property Forum 2024.
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News WDP buys retail park near Bucharest
01
Apr
2024

WDP buys retail park near Bucharest

by Property Forum
Industrial developer WDP has purchased wholesale retail park Expo Market Doraly from ARA Europe and Romanian investor Gheorghe Iaciu for an undisclosed sum.
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News Cluj-Napoca drives office leasing among regional Romanian cities
29
Mar
2024

Cluj-Napoca drives office leasing among regional Romanian cities

by Property Forum
Office leasing in regional cities reached 37,441 sqm during 2023, equivalent to 18% of the space leased on the Bucharest market in the same period, according to a Fortim Trusted Advisors report.
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News Peakside certifies property portfolio under BREEAM
28
Mar
2024

Peakside certifies property portfolio under BREEAM

by Property Forum
Peakside Capital Advisors has achieved two BREEAM IN-USE certifications at the "Very Good" level for over 50,000 square meters of warehouse-office space at Logistics Point Raszyn and Logistics Point Piaseczno. The attained rating results from the successful modernization of fully commercialized logistic centres near Warsaw. 
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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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