News Karimpol brings together retail, storage and office space in Bratislava project
24
Aug
2021

Karimpol brings together retail, storage and office space in Bratislava project

by Ákos Budai
Austrian company Karimpol Group officially launched the construction of the Squarebizz Bory project in Bratislava which will include retail, storage and office space. Peter Šmitala, Project Manager at Karimpol Slovakia talked to Property Forum about the project and the company’s future plans.
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News Poland’s largest cities are fueling a construction boom
24
Aug
2021

Poland’s largest cities are fueling a construction boom

by Property Forum
Poland’s largest cities only slightly adjust their planned investments due to the lower earnings caused by COVID-19. Similarly, zoning development plans are also not slowing down - as seen in talks between Urban Land Institute Poland (ULI Poland) and five cities involved in the project, “Around the city in 8 questions”. The series of discussions is expected to continue into the Fall, with another three meetings already planned.
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News GTC proceeds with transformation to unsecured debt
24
Aug
2021

GTC proceeds with transformation to unsecured debt

by Property Forum
For GTC, the first half of the year was marked with the change in its financing structure and move from individual secured bank loans for particular projects to predominantly unsecured bond funding. The company published its results for H1 2021.
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News Eden Capital Development invests in Bucharest luxury apartments
24
Aug
2021

Eden Capital Development invests in Bucharest luxury apartments

by Property Forum
Property developer Eden Capital Development says it will invest in two luxury residential compounds in northern Bucharest due to higher demand for high-end projects in the Romanian capital. 
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News Speedwell develops new residential building in Bucharest project
24
Aug
2021

Speedwell develops new residential building in Bucharest project

by Property Forum
Property developer Speedwell has kicked off the construction of Building 2, part of the first phase of residential complex THE IVY located in Băneasa, northern Bucharest. 
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News MLP Pruszków II centre gets BREEAM Very Good certificate
24
Aug
2021

MLP Pruszków II centre gets BREEAM Very Good certificate

by Property Forum
MLP Group has received a Very Good BREEAM International New Construction certificate for its new project at the MLP Pruszków II logistics centre.
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News JLL: Records tumble in Poland’s industrial market
24
Aug
2021

JLL: Records tumble in Poland’s industrial market

by Property Forum
Demand for warehouses at 3.15 million sqm and new supply at 1.14 million sqm set new H1 records for the industrial market. Poland registers Europe’s second-highest developer activity with over three million sqm under construction. JLL summarised Poland’s industrial market for H1 2021.
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News Investors are looking at Romania to commit long-term
24
Aug
2021

Investors are looking at Romania to commit long-term

by Property Forum
Gabriel Biriş, Founding Partner at Biriş Goran talked to Property Forum about the pandemic’s impact on the legal advisory business and what concerns investors share with him regarding Romania’s tax and legal framework.
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News Bucharest-based Vitantis Shopping Center secures new tenants
23
Aug
2021

Bucharest-based Vitantis Shopping Center secures new tenants

by Property Forum
Vitantis Shopping Center, the retail park owned by Revetas Capital, has closed new leasing deals for 3,900 sqm with three companies that will occupy spaces for the next 5-10 years. 
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News Office demand in Bucharest down 10% in H1 2021
23
Aug
2021

Office demand in Bucharest down 10% in H1 2021

by Property Forum
Bucharest’s office stock topped 3 million sqm at the end of the first half, with more than 250,000 sqm of new spaces slated for delivery by the end of next year, according to a report by Colliers. 
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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