News - CTP to add 33,000 sqm building in Tatabánya park
09
Nov
2021

CTP to add 33,000 sqm building in Tatabánya park

by Property Forum
CTP has started the construction of its new warehouse of more than 30,000 sqm in the CTPark Tatabánya industrial park. The BREEAM-rated speculative development, which can be tailored to the needs of future tenants, will be delivered in 2022.
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News - Skanska and Holcim Romania Group ink sustainability partnership
09
Nov
2021

Skanska and Holcim Romania Group ink sustainability partnership

by Property Forum
Property developer Skanska and Holcim Romania Group, the producer of building materials, have announced a strategic collaboration that aims to accelerate the transition to a greener built environment. 
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News - Avison Young: Investment activity speeds up in Q3 2021
09
Nov
2021

Avison Young: Investment activity speeds up in Q3 2021

by Property Forum
According to Avison Young, investment activity in the Polish market speeded up in the third quarter of the year in comparison to the first half of 2021 in terms both of the investment volume and number of transactions.
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News - Vastint implements  renting individual office modules
09
Nov
2021

Vastint implements renting individual office modules

by Property Forum
Vastint has expanded its offer with a new business solution Ready Flex — the rental of autonomous, fully furnished office space for small and large companies or their teams in a flexible option of short-term contracts.
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News - NREP and YIT lay foundation stone for Smartti Mokotów
09
Nov
2021

NREP and YIT lay foundation stone for Smartti Mokotów

by Property Forum
The construction of over 800 living units has started at the intersection of Postępu and Domaniewska Streets in Warsaw. The project has been developed by YIT for the leading Nordic real estate investor NREP. Unibep has been chosen as the general contractor. Smartti Mokotów will be the largest professionally run lease facility in Poland.
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News - Industrial transactions remain dominant with offices now recovering
09
Nov
2021

Industrial transactions remain dominant with offices now recovering

by Property Forum
The international consulting company Cushman & Wakefield has summed up the third quarter of 2021 for the commercial real estate market in the CEE region. The investment volume at the end of the third quarter of the year amounts to €6.7 billion and is nearly 13% lower than for the same period in 2020.
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News - Futureal signs €60 million loan agreement with Erste Bank
09
Nov
2021

Futureal signs €60 million loan agreement with Erste Bank

by Property Forum
Futureal has signed a €60 million (approximately HUF 21.5 billion) loan agreement with Erste Bank to finance the construction of the second phase of the Budapest ONE office park, currently under development, which is being developed in parallel with the third phase and will be handed over in the second half of 2022.
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News - Passerinvest Group begins construction of Prague office building
09
Nov
2021

Passerinvest Group begins construction of Prague office building

by Property Forum
Passerinvest Group has begun the construction of the new Roztyly Plaza office building. The building, with a total area of 23,000 sqm from the workshop of the architect studio Aulík Fišer architekti, is going up right by the Roztyly metro station (C line) in Prague 11. Apart from the office function, the project also offers a public P+R parking lot and several retail units, which will significantly expand the local civic amenities.
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News - Digital and leisure investments to drive retail development
09
Nov
2021

Digital and leisure investments to drive retail development

by Property Forum
Shopping malls need to boost their leisure propositions, while retailers must enhance their omnichannel strategies, mentioned speakers during the retail panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest. 
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News - Alfa Group enters the PRS sector with large residential project in Budapest
09
Nov
2021

Alfa Group enters the PRS sector with large residential project in Budapest

by Property Forum
Hungary-based Alfa Group is entering the dynamically growing private rental sector (PRS) and will deliver the second and third phases of its Ha11er residential project in District 9 of Budapest with apartments for rent. Residential-for-rent is an already well-established market segment in Western Europe that has attracted significant interest from institutional investors. This is increasingly true for certain CEE countries as well, such as Poland or the Czech Republic, but in Hungary, Alfa Group is entering the PRS market as one of its pioneers.
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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