News - CA Immo appoints new Group Head of Development
23
Oct
2023

CA Immo appoints new Group Head of Development

by Property Forum
Starting in January 2024, Martin Löcker (47) joins CA Immo as Group Head of Development, taking over responsibility for all development, construction, and engineering activities across the Group, including those of Matthias Schmidt who will leave the company at the end of 2023 and will pursue new professional opportunities.
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News - Czech BHM group buys second industrial centre in Slovakia
23
Oct
2023

Czech BHM group buys second industrial centre in Slovakia

by Property Forum
Czech BHM group continues its purchases in Slovakia. This time, according to Seznamzpravy.cz, the holding bought a logistics and production complex called Trenčín Industrial Park used by automotive suppliers. The group did not publish the price of the transaction. 
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News - BO! holding buys 100% stake in real estate agency RK Sting
23
Oct
2023

BO! holding buys 100% stake in real estate agency RK Sting

by Property Forum
BO! holding, a group of companies focusing on real estate, investment and development activities, has agreed with Martin Zaremba, the owner of Sting Real Estate Agency and Sting Finance, to purchase 100% of RK Sting and Sting Finance shares. This will create one of the largest real estate agencies in the Czech market. The price of the transaction was not disclosed. 
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News - E-commerce not seen as successful business for food retailers
23
Oct
2023

E-commerce not seen as successful business for food retailers

by Property Forum
Most retailers want to attract customers in-store through omnichannel, while e-commerce is not meeting the expectations of food retailers, concluded speakers in the rediscovering retail panel of CEE Property Forum 2023, held in Vienna last month.
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News - CBRE to manage U-Center 1 office building in Bucharest
23
Oct
2023

CBRE to manage U-Center 1 office building in Bucharest

by Property Forum
Pavăl Holding has appointed CBRE as manager of its U-Center 1 office building. The manager will oversee all aspects of the property in relation to tenants, subcontractors, and authorities.
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News - Office leasing in Bucharest at 158,923 sqm in Q3 2023
20
Oct
2023

Office leasing in Bucharest at 158,923 sqm in Q3 2023

by Property Forum
New office lease and renegotiation agreements were signed for 158,923 sqm during Q3 2023, up 36% compared to the previous quarter on the Bucharest market, according to data from Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
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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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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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