News CA Immo Poland leased more than 36,000 sqm in 2021
31
Jan
2022

CA Immo Poland leased more than 36,000 sqm in 2021

by Property Forum
In 2021, CA Immo Poland signed 29 lease agreements for a total of 36,200 sqm office space in Warsaw. The company also finalized the sale of the Wspólna 47-49 office building.
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News DL Invest Group sums up 2021 with good results
31
Jan
2022

DL Invest Group sums up 2021 with good results

by Property Forum
DL Invest Group has leased nearly 80,000 sqm of commercial spaces in 2021. It embraces activities in the office, retail and industrial sectors. The value of assets that belong to the company increased to over PLN 1.5 billion.
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News Forty Management expects revenues of €80 million in 2022
31
Jan
2022

Forty Management expects revenues of €80 million in 2022

by Property Forum
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
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News Savills signs association agreement with Modesta Real Estate
31
Jan
2022

Savills signs association agreement with Modesta Real Estate

by Property Forum
Savills has signed an association agreement with Modesta Real Estate, located in Vienna, to support its continued expansion across Europe and the Middle East. Modesta Real Estate will collaborate with Savills to service existing clients whilst liaising with Savills offices and other partners in CEE to build relationships across the wider region. Modesta Real Estate also has an office in Bratislava and will be collaborating closely with Savills’ Czech office to ensure further service delivery in Slovakia.
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News Poland registers record number of investment deals in 2021
31
Jan
2022

Poland registers record number of investment deals in 2021

by Property Forum
Poland’s investment market continued to attract significant investment activity in 2021 with an annual transaction volume of €5.9 billion. A record number (166) of transactions were closed by 80 active investors, according to Avison Young’s annual investment market summary. The company expects that 2022 will see the great comeback of the office sector through increased interest in core and core+ assets in both Warsaw and regional cities.
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News Budapest’s industrial market breaks all records in 2021
28
Jan
2022

Budapest’s industrial market breaks all records in 2021

by Property Forum
Total demand amounted to 237,475 sqm in Q4 2021, indicating a 115% increase over Q4 2020 and making 2021 a record year in terms of total demand, according to the Budapest Research Forum’s latest industrial market snapshot.
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News Wing buys Budapest logistics park at record low yield
28
Jan
2022

Wing buys Budapest logistics park at record low yield

by Property Forum
Wing has acquired Airport City Logistics Park near Budapest’s Liszt Ferenc International Airport, comprising approx. 44,000 sqm of modern warehouse buildings and 8,000 sqm of office area. Through the transaction concluded with CPI Property Group, Wing further strengthens its position in the Budapest industrial and logistics market. The transaction was carried out at a record low, 5.6% yield. 
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News Praktiker Real Estate buys Vitantis Shopping Center in Bucharest
28
Jan
2022

Praktiker Real Estate buys Vitantis Shopping Center in Bucharest

by Property Forum
Revetas Capital has sold Vitantis Shopping Center in Bucharest, with a leasable area of around 50,000 sqm, to Praktiker Real Estate, owned by businessman Omer Susli, for an undisclosed sum, according to economedia.ro. 
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News Atrium Promenada in Warsaw to be refurbished
28
Jan
2022

Atrium Promenada in Warsaw to be refurbished

by Property Forum
Atrium announced the major refurbishment of its flagship shopping centre – Atrium Promenada, located in Warsaw, Poland. The investment aims to refurbish the second part of the shopping centre. This will continue the transformation of Promenada, the first part of which was completed in autumn 2018.
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News P3 buys three plots in Poland for warehouse projects
28
Jan
2022

P3 buys three plots in Poland for warehouse projects

by Property Forum
P3 has acquired three attractive plots with a total surface area of 32 ha at the end of last year. They are all located within the administrative boundaries of large cities like Łódź, Wrocław, and Bydgoszcz.
Read more >

Latest news


New leases

  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.
  • AutoWallis Group, the automotive retail and mobility service provider, has leased 5,600 sqm for its new HQ in the mixed-use Liberty complex, developed by Wing in Budapest.
  • Langowski Logistics, a TFL company, has extended its lease of warehouse space at the Central European Logistics Hub, where it occupies 8,000 sqm. Langowski Logistics was represented during the lease renegotiation by real estate advisory firm Newmark Polska.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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