News SAP acquires Sofia office building for €49 million
11
Oct
2021

SAP acquires Sofia office building for €49 million

by Property Forum
SAP is acquiring the newly built Class A office building Park Lane Office Center in Sofia for €49 million. The purchase price is equivalent to a 7.5% asset yield. This is the largest investment deal on the Bulgarian office property market so far in 2021
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News ELI secures €111 million from Berlin Hyp
11
Oct
2021

ELI secures €111 million from Berlin Hyp

by Property Forum
European Logistics Investment has signed a loan agreement worth €111 million with Berlin Hyp. The funds will be used for the refinancing of four projects from ELI’s logistics portfolio.
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News JLL to lease Ghelamco’s Craft office building in Katowice
11
Oct
2021

JLL to lease Ghelamco’s Craft office building in Katowice

by Property Forum
Advisory company JLL will be responsible for co-creating and implementing the leasing strategy for Ghelamco's Craft office building in Katowice.
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News Walter Herz to commercialize buildings for OKAM in Żerań
11
Oct
2021

Walter Herz to commercialize buildings for OKAM in Żerań

by Property Forum
Walter Herz company has been selected as the exclusive agent responsible for commercialization of warehouse, production and office space in OKAM’s investment located on the site of the former car factory at Jagiellońska Street in Warsaw.
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News Savills IM buys Warsaw logistics centre for €112.5 million
11
Oct
2021

Savills IM buys Warsaw logistics centre for €112.5 million

by Property Forum
Savills Investment Management has acquired the A2 Warsaw Park logistics centre in Adamów, near Grodzisk Mazowiecki for €112.5 million. The property was purchased from Invesco Real Estate, a global real estate investment manager, on behalf of Savills IM European Logistics Fund 3 (ELF3), which already owns 11 investments across Europe. This is the fund’s largest transaction in Europe and one of Savills IM’s largest investments in the Polish commercial real property market. 
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News European logistics markets remain unstoppable
11
Oct
2021

European logistics markets remain unstoppable

by Property Forum
The European logistics markets are currently unstoppable and are reaching record levels. Supported by the flourishing online trade and a surge in demand due to last-mile requirements, the growth prospects continue to be very positive, both from an investment and user perspective, according to Catella’s Logistics Market Map Europe 2021.
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News Nivy mall in Bratislava welcomes 330,000 visitors on week one
11
Oct
2021

Nivy mall in Bratislava welcomes 330,000 visitors on week one

by Property Forum
Nivy mall in Bratislava, a new shopping centre developed by HB Reavis that also includes the city’s new international bus terminal, has welcomed almost 330,000 visitors in the first week following the centre’s opening on 30 September.
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News Retail parks lead the sector’s post-COVID-19 recovery
11
Oct
2021

Retail parks lead the sector’s post-COVID-19 recovery

by Property Forum
Retail parks and regional shopping centres are driving the sector’s growth, suggested speakers during the future of retail panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.
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News Panattoni starts construction of 50,000 sqm park in Bolesławiec
08
Oct
2021

Panattoni starts construction of 50,000 sqm park in Bolesławiec

by Property Forum
The construction works on Panattoni Park Bolesławiec, which is the developer's 22nd park in Lower Silesia, are to start this month.
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News House prices in Hungary have more than doubled since 2010
08
Oct
2021

House prices in Hungary have more than doubled since 2010

by Property Forum
Rents and house prices in the EU have continued their steady increase in Q2 2021, going up by 1.3% and 7.3% respectively, compared to Q2 2020, according to Eurostat data. Looking at long-term trends, CEE countries are among those that have registered the highest house price growth since 2010.
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Latest news


New leases

  • A company specialising in the logistics sector, providing goods warehousing and transportation services, has leased a total of over 5,000 square meters of modern space at the MLP Czeladź logistics centre. The transaction was brokered by the consulting firm Rock Estate.
  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.

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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