28
Aug
2024
Aug
2024
Belgians lead investments in Romania’s property sector
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
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28
Aug
2024
Aug
2024
Cushman & Wakefield to manage Vibe in Warsaw
Cushman & Wakefield has been appointed as the property manager of the Vibe office building in Warsaw’s Wola district.
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28
Aug
2024
Aug
2024
Demand and rents grow in Prague's office market
Prague's office market has grown by 4 new buildings in Q2 2024, offering nearly 44,000 sqm of modern class A office space, reports Colliers in its regular quarterly office property market survey. A large part of these properties has found tenants before completion.
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28
Aug
2024
Aug
2024
CTP completes premises for Fiege in Žatec
CTP has handed over a newly completed 18,000 sqm industrial and logistics building in CTPark Žatec to Fiege s.r.o. From this location, Fiege is planning to store and subsequently distribute tyres for retail clients from the Czech Republic, Moravia and Slovakia.
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28
Aug
2024
Aug
2024
CTP names new Group Business Development Director
Industrial developer CTP has named Karel Stransky as its new Group Business Development Director. He is tasked with overseeing business development teams in the individual countries CTP operates in.
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27
Aug
2024
Aug
2024
Wing completes mixed-use project in Budapest
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
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27
Aug
2024
Aug
2024
Heavily polluted environments reduce cognitive abilities by half
Sick building syndrome (SBS) is becoming a growing problem affecting millions of buildings worldwide. In Great Britain and New Zealand, up to 80% of employees have shown symptoms of SBS leading to increased sickness and reduced productivity.
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27
Aug
2024
Aug
2024
Logicor makes large land purchase in Eastern Bucharest
Logistics developer Logicor has purchased a land plot spanning 4.6 hectares from toy retailer Jumbo for an undisclosed sum.
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26
Aug
2024
Aug
2024
Immofinanz sells office project in northern Bucharest
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million.
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26
Aug
2024
Aug
2024
European offices seem to be coming back to life
CBRE's new pan-European survey has confirmed the success of the long-term effort of companies to attract employees back to their offices, with the best results achieved by large companies.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
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.
