Alina Turcu has been appointed as the Regional Manager of PlanRadar in Romania. She has previously worked in the sales team of the company locally.

As of 7 November 2023, Swiss Life Select Reality will be managed by Andrea Daňhelová, who was previously Director of Operations, Legal and Compliance. Andrea Daňhelová takes over the management of one of the most important real estate companies on the Czech market from Jaromír Mašek, who has been in charge of the company since its establishment in 2013. Swiss Life Select Reality is a subsidiary of Swiss Life Select. 

Cushman & Wakefield has appointed Magsud Rahmanov as the new Head of Hotel Transactions CEE & SEE and named him as a Partner. 

Office investor Globalworth has appointed Ema Iftimie as Managing Director for its real estate operations in Romania, replacing Marian Popa, who will step down as of December 1st.

pbb Deutsche Pfandbriefbank has provided a €75 million investment loan facility to a Polish company managed by Macquarie Asset Management on behalf of institutional investors. The loan will be used for the refinancing of the CEDET office building in Warsaw. pbb acted as arranger and sole lender under the facility.

The increase of VAT to 9% will lead to a price increase, while buyers have a growing interest in green homes, concluded speakers of the residential panel of SEE Property Forum 2023, held in Bucharest recently.

Dm-drogerie markt has signed an agreement to lease new warehouse space in Prologis Park Prague-D1 Ostředek. The new dm distribution centre will cover an area of 21,000 sqm and will also include offices. 

Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.  

Total investment transactions in Romania’s commercial property sector stood at €62.4 million in Q3 2023, with 32% of the total volume represented by sale-and-leaseback transactions, according to a CBRE report.

Panattoni has completed another production plant in the Kraków region. Technoform, the leading producer of double-glazing components, is to use 9,400 sqm of BTS space. The centre is to serve markets in both Poland and the EU. The development was financed with an €8 million loan from Credit Agricole.