Newmark Group, Inc., today announced that it has fortified its presence in the CEE market through an agreement with a leading commercial real estate group of experts in Poland, which formerly operated as Cresa Polska. The team will provide a full spectrum of client services in Poland and the surrounding area, operating as Newmark Polska.

Prudnik Retail Park has changed its owner. The facility was purchased by LCP Properties, which after the completed transaction became one of the 70 commercial properties currently held in the company's portfolio. Thus, the lease area of all the projects managed in Poland by LCP exceeded 260,000 sqm. The value of the transaction has not been disclosed. 

The real estate development and investment company Warimpex has started the construction of another office building in the Polish city of Kraków, Mogilska 35 Office, with approximately 11,000 sqm of space and a completion date set for the first half of 2023.

Echo Investment has received a €65.6 million loan for the construction of three office buildings of Brain Park complex in Kraków. The financing of the project was provided by PKO Bank Polski as a loan agent as well as Bank Pekao S.A. acting as security agent.

Golub GetHouse has completed the sale of the site of the planned 140-foot Liberty Tower skyscraper at ul. Grzybowska in Warsaw for an undisclosed amount. The buyer is AT Capital Group of Singapore.

The commissioning of Warsaw UNIT, one of the most modern buildings in Poland, and two commenced investments, including a high-rise building, are the most important goals achieved by Ghelamco Poland in 2021.

HANSAINVEST Real Assets has acquired Generation Park Y, the last building of the Generation Park office complex in Warsaw. The transaction volume is €285 million, which makes it the largest office sale in the history of Skanska’s commercial development business unit in CEE and at the same time the largest sale in the office sector in CEE in 2021. Generation Park Y is HANSAINVEST Real Assets’ fourth acquisition from Skanska. 

CTP, the biggest owner and developer of industrial projects in Romania, has taken over warehouses in Târgu Mureș from domestic furniture retailer Mobexpert. 

Property developer Atenor delivered its office project Dacia One in central Bucharest at the end of December 2021, roughly five months after selling the building to Pavăl Holding, the owner of Romanian DIY retailer Dedeman. 

TAG Immobilien AG has entered into a share purchase agreement to acquire a 100% interest in ROBYG S.A., a leading residential development firm in Poland, for an estimated purchase price of c. PLN 2,500 million (c. €550 million), net of certain adjustments ROBYG's currently secured pipeline consists of c. 23,000 residential units across four Polish cities, enabling TAG to a meaningful market entry into Warsaw.