News Scallier adds Stay Fit as tenant in Romanian retail parks
20
Oct
2023

Scallier adds Stay Fit as tenant in Romanian retail parks

by Property Forum
Retail developer Scallier has attracted Stay Fit Gym as tenant in its retail parks based in Romania. As part of the agreement covering 6,256 sqm, six fitness clubs under the Stay Fit brand will be opened in the retail projects operated by Scallier. The first retail park is slated to open in a retail park in Moșnița in the upcoming months.
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News New retail parks opening in Serbia announced for 2025
20
Oct
2023

New retail parks opening in Serbia announced for 2025

by Property Forum
Investors' interest in the construction of retail parks in Serbia has not been declining for several years now. Investors are mostly focused on building new facilities in secondary and tertiary locations. As much as 14% of the total offer of retail parks in Serbia is located in the region of central Serbia. The Šumadija region is attracting more and more attention, so the company Peštan announced the opening of a new retail park in 2025 - Arandjelovac Retail Park. 
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News Microsoft to cancel Prague data centre project due to Czech bureaucracy
20
Oct
2023

Microsoft to cancel Prague data centre project due to Czech bureaucracy

by Property Forum
According to three independent sources of the daily e15, Microsoft will likely cancel its plans to build a data centre in Prague. "There is still some small hope, but it is more like wishful thinking on the part of the managers of Microsoft's domestic branch," one of the sources, who did not want to be named, described the project.
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News Chinese business travellers to heal CEE's hotel market?
20
Oct
2023

Chinese business travellers to heal CEE's hotel market?

by Property Forum
Is the hotel market in CEE coming back strongly? According to the participants of a panel discussion at the CEE Property Forum 2023, the answer is „definitely yes”. The event took place at the end of September in Vienna.
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News Nhood Services and Ceetrus to sell Hungarian business to Indotek
19
Oct
2023

Nhood Services and Ceetrus to sell Hungarian business to Indotek

by Property Forum
Negotiations with Indotek Group have resulted in the sale of 100% of the Hungarian activities of Nhood Services and Ceetrus Hungary to the Hungarian investment group, Nhood Hungary announced. It also confirmed that with this transaction Indotek has acquired a 47% stake in Auchan's Hungarian retail operations. Auchan has an extensive Hungarian network of 19 hypermarkets, 5 supermarkets, and 18 petrol stations.
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News Industrial stock and vacancy rise sharply in Hungary in Q3 2023
19
Oct
2023

Industrial stock and vacancy rise sharply in Hungary in Q3 2023

by Property Forum
In Q3 2023, the Greater Budapest speculative stock increased by 140,730 sqm, adding five buildings to the stock. Five new buildings were also handed over in regional cities adding another 92,610 sqm to the stock there. The vacancy rate at the end of Q3 2023 was 10.0% in Greater Budapest, an increase of 140 basis points quarter-on-quarter and an increase of 510 basis points year-on-year, the Budapest Research Forum (BRF) reports.
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News ESA logistika leases over 31,000 sqm in 7R Park Tczew III
19
Oct
2023

ESA logistika leases over 31,000 sqm in 7R Park Tczew III

by Property Forum
7R started the construction of 7R Park Tczew III. The first tenant is ESA logistika Polska, a leading logistics operator, which will occupy more than 31,000 sqm.
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News P3 presents strong results for H1 2023
19
Oct
2023

P3 presents strong results for H1 2023

by Property Forum
P3 Group has released its condensed consolidated interim financial statements for the six-month period ended 30 June 2023. The company reported continued strong operational and financial performance. 
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News Office building in Warsaw sold for PRS redevelopment
19
Oct
2023

Office building in Warsaw sold for PRS redevelopment

by Property Forum
Octava has sold the Obrzeżna Center office building in Warsaw to a Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.
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News Creditas Real Estate completes 161 apartments near Kladno
19
Oct
2023

Creditas Real Estate completes 161 apartments near Kladno

by Property Forum
The first residents will move into Creditas Real Estate's Nové Boroviny residence near Kladno (30 km north of Prague) in early 2024. In the first stage of the project, there are 161 flats with layouts from 1+kk to 4+kk, some of the flats have already been sold. 
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Latest news


New leases

  • Raben Logistics has leased 3,500 sqm in ELI Park Bacău in a bid to streamline its distribution operations in Romania.
  • The largest salon of the Ochnik brand in the Podkarpacie region of Poland was opened in the Plaza Rzeszów Shopping Centre. The store occupies an area of over 430 sqm.
  • TRS Warehouse leased 2,500 sqm of warehouse space at Panattoni Park Tricity East I for its operations in northern Poland. Newmark Polska provided assistance in market analysis and lease negotiations.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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