News Proptech can make our lives easier and more sustainable
29
Jul
2022

Proptech can make our lives easier and more sustainable

by Property Forum
Propetch is far more than buying a gadget to replace humans. It is a disruptive tool to think over the whole value chain in managing commercial properties. No players in this chain can avoid using it properly, says István Rézsó, Head of Business Development at Cushman & Wakefield Hungary.
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News Real estate investments reach record high in Europe
28
Jul
2022

Real estate investments reach record high in Europe

by Property Forum
Investment into European real estate reached €152 billion in the first half of 2022 - the strongest ever first half of a year, according to preliminary data from CBRE.
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News Accolade and Panattoni plan Czech market's largest hall
28
Jul
2022

Accolade and Panattoni plan Czech market's largest hall

by Vera Tumova
The largest logistics hall in the Czech Republic will rise near Cheb (in the westernmost region of the country). Accolade and Panattoni are already intensively preparing its construction in the local industrial zone. According to the Industrial Research Forum (IRF), an association of consultancy firms, this is the largest domestic transaction in Q2 2O22, with the pre-lease of logistics space in the area of about 233,700 sqm. The name of the tenant (an unspecified distribution company) has not yet been disclosed by either party. Lucie Mareš Heřmanovská, a spokeswoman for the Accolade company, informed Property Forum about the project. 
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News The number of employers opting for hybrid working is rising
28
Jul
2022

The number of employers opting for hybrid working is rising

by Property Forum
Three in five employers (59%) will ultimately embrace hybrid working - this represents a 14 pp increase on the June 2021 survey. Global real estate services firm Cushman & Wakefield has published the results of its survey of 103 decision-makers in office space management in Poland.
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News Trei opens 30th Vendo Park in Poland
28
Jul
2022

Trei opens 30th Vendo Park in Poland

by Property Forum
German developer Trei Real Estate has opened its thirtieth Vendo Park retail park in Poland. It is located in Otwock, in the south-eastern outskirts of Warsaw.
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News Peakside Capital Advisors appoints new Head of Investments CEE
28
Jul
2022

Peakside Capital Advisors appoints new Head of Investments CEE

by Property Forum
Michał Nawrot has been promoted to Head of Investments CEE at Peakside Capital Advisors. He will be responsible for, among others, the implementation of investment objectives, asset management to increase their value and the fund's investment strategies in the CEE region.
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News Crown Holding buys office building in Bucharest
28
Jul
2022

Crown Holding buys office building in Bucharest

by Property Forum
Hungarian Crown Holding Kft. has purchased Cascade Office Building in central Bucharest for €10.1 million.  
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News One United Properties buys office building in Bucharest
28
Jul
2022

One United Properties buys office building in Bucharest

by Property Forum
Romanian developer One United Properties has completed the acquisition of One Victoriei Plaza office building in central Bucharest for around €28 million.  
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News CPI Property Group to provide asset management services to Immofinanz
28
Jul
2022

CPI Property Group to provide asset management services to Immofinanz

by Property Forum
Following the majority takeover of Immofinanz by CPI Property Group (CPIPG), resulting in the shareholding of app. 77%, Immofinanz announced an update strategy, including close cooperation with CPIPG and the related synergy effects. CPIPG and Immofinanz now agreed that CPIPG will provide asset management services to local Immofinanz companies.
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News Emerging office shortage will support rising rents in Bucharest
28
Jul
2022

Emerging office shortage will support rising rents in Bucharest

by Property Forum
Emma Toma, Head of the Office Leasing Division at AFI Europe Romania, spoke to Property Forum about the developer’s expansion plans in the residential segment and the trend of rising rents in Class A office buildings.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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