20
Jun
2024
Jun
2024
STC Partners secures €10 million financing for Bucharest resi project
STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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20
Jun
2024
Jun
2024
2024 might not be a lost year after all
According to a panel on the future of investments, held at the Future of Real Estate 2024 conference in Warsaw this month, the office industry in Poland is far from blooming but is slowly regaining investor interest. The event was co-organized by Property Forum and RICS.
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19
Jun
2024
Jun
2024
EBRD invests in Dekpol’s bond issuance in Poland
The European Bank for Reconstruction and Development (EBRD) has invested PLN 43 million (€10 million equivalent) in bonds issued by Dekpol S.A, a Polish manufacturing and construction group.
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19
Jun
2024
Jun
2024
Natek Poland opens new office in Wrocław
Natek Poland, a provider of IT and outsourcing services, has opened a new office in the Infinity office building, located at 16 Legnicka Street in Wrocław.
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19
Jun
2024
Jun
2024
Cushman & Wakefield to manage VIG Fund's Polish portfolio
Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw: Libra Business Center B, Life Building, and Jasna 26. The award of the mandate will see Cushman & Wakefield manage its entire Polish real estate portfolio of more than 47,000 sqm.
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19
Jun
2024
Jun
2024
Panattoni launches its fifth project in Szczecin
Panattoni has launched construction on a new project in Western Pomerania (northern Poland). Panattoni Park Szczecin V is to reach a size of 30,000 sqm and already its first tenant has been found. A company from the catering industry has leased 8,600 sqm.
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19
Jun
2024
Jun
2024
Prime Kapital to deliver second phase of resi project near Bucharest in 2025
Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.
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19
Jun
2024
Jun
2024
One United Properties secures €47 million bank financing
Romanian developer One United Properties has secured a €47 million loan from Banca Transilvania.
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19
Jun
2024
Jun
2024
Skanska assess tenant satisfaction in Equilibrium 1 offices
The services, green spaces, and recreational areas in the Bucharest-based Equilibrium 1 office project are valued by more than 90% of employees working in the building developed by Skanska in northern Bucharest, according to a company survey.
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19
Jun
2024
Jun
2024
Premier Hospitality named operator of Ramada Sibiu Hotel
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
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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.
