24
Jul
2024
Jul
2024
Invesco Real Estate announces first mezzanine deal in CEE
Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III). The €20 million loan has been secured against the BTS logistics facility in Psary (Upper Silesia, Poland), recently completed by DL Invest.
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24
Jul
2024
Jul
2024
Panattoni to complete city logistics park in Kraków
Panattoni has begun the final construction stage of its City Logistics Kraków I urban park in the city’s Nowa Huta district. A total of 11,300 sqm is to be built with the park to expand to its final target size of 36,500 sqm.
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24
Jul
2024
Jul
2024
Slovakia's Alto Group reveals 2023 financial results
Despite an increasing vacancy rate in the office market reaching 14.2 per cent and sale stagnation in the residential segment in 2023, the Alto Group has now announced a net consolidated profit after tax of €8.5 million.
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24
Jul
2024
Jul
2024
Half of resi project near Bratislava forest park sells out
The Pri Studničke project near the Bratislava Forest Park has reached the threshold of 50% of apartments sold. The project is already under construction.
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24
Jul
2024
Jul
2024
AFI welcomes new tenants in Karlín, Prague
AFI Europe's AFI Karlín office complex in Prague has announced the arrival of new tenants. A law firm is moving its team here, and a media and entertainment company is going to open a development centre for its streaming video service in the building.
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24
Jul
2024
Jul
2024
Kinstellar advises Globalworth on deal with WDP
Law firm Kinstellar has advised Globalworth on the sale of a logistics portfolio in Romania to WDP, in one of the biggest industrial transactions completed in Romania in the year to date.
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23
Jul
2024
Jul
2024
Immofinanz eyes further integration into CPIPG
The board of real estate group Immofinanz has approved a framework with CPI Property Group (CPIPG), which holds 75% of the company, which paves the way for future consolidation of the two groups.
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23
Jul
2024
Jul
2024
Forestay and Recorde invest in student accommodation in Budapest
Recorde Asset Management, the real estate fund management arm of Concorde Group, in close strategic cooperation with Forestay Group, is investing in the Móricz Student Living student residence and office building.
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23
Jul
2024
Jul
2024
Radisson opens new hotel in Kraków
The Radisson RED Hotel & Radisson RED Apartments hotel opened in Kraków’s Unity Centre. The property features 229 rooms, along with 46 extended-stay apartments located in a separate building.
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23
Jul
2024
Jul
2024
S Immo sells office building in Zagreb
S Immo has announced the sale of HOTO Business Tower in Zagreb for an undisclosed sum. The project is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm.
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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.
