News GTC acquires Budapest office building
22
Mar
2021

GTC acquires Budapest office building

by Property Forum
GTC has decided to extend its Hungarian portfolio with the Váci Greens D office building in Budapest. The transaction is partially financed from the green bonds issued in 2020 and is in line with the Group strategy to invest in a sustainable portfolio of commercial buildings located in the CEE capitals.
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News Lockdowns put local and long-term players in a better position
22
Mar
2021

Lockdowns put local and long-term players in a better position

by Ákos Budai
Travel restrictions and the inability to meet in person have caused a lot of headache for many market players but in many cases, it also provided certain types of investors with an advantage. Pavel Streblov, Business Director at Penta Real Estate talked to Property Forum about the company’s development and investment strategy and shared his expectations for the year ahead.
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News MLP Group posts over €36.8 million in net profit for 2020
19
Mar
2021

MLP Group posts over €36.8 million in net profit for 2020

by Property Forum
MLP Group has released consolidated financial results for 2020, showing a net profit of €36.8 million (PLN 170 million), up 32% year on year. Equity (net assets) rose 29% in 2020, to PLN 1.21 billion, with gross investment property having expanded by the same percentage, to PLN 2.33 billion.
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News Fidurock obtains building permit for Brno project
19
Mar
2021

Fidurock obtains building permit for Brno project

by Property Forum
Czech-Dutch investment company Fidurock has obtained a building permit for the reconstruction of an apartment building in Brno.
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News Gdańsk office building gets max WELL Health-Safety rating
19
Mar
2021

Gdańsk office building gets max WELL Health-Safety rating

by Property Forum
Olivia Business Centre in Gdańsk has undergone the analysis conducted by experts from the International Well Building Institute (IWBI) from New York. Olivia received a maximum score of 25 out of 25 points. According to the owner of the complex, this is the first such result recorded globally.
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News Local investor buys mixed-use building in Košice
19
Mar
2021

Local investor buys mixed-use building in Košice

by Property Forum
The InTeFi investment group has become the majority owner of the Cassovar Business Center I building in Košice following a €30 million acquisition. The building comprises 13,500 sqm of office space and a 7,000 sqm shopping gallery.
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News AFI Europe hands over new building in Belgrade complex
19
Mar
2021

AFI Europe hands over new building in Belgrade complex

by Property Forum
Developer AFI Europe completed the second phase of the construction of the Skyline Belgrade mixed-use project, a 3-story building, totalling over 3,800 sqm of prime office and retail space.
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News Many tenants continue to provide desks for 100% of employees
19
Mar
2021

Many tenants continue to provide desks for 100% of employees

by Ákos Budai
Office space will continue to shape the company culture and will have a great impact on the collaboration process and the dynamic of decision-making, says Tanya Kosseva-Boshova MRICS, Managing Partner of Park Lane Developments who talked to Property Forum about the company’s development plans and shared her expectations about the future of offices.
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News Asian capital dominated I&L investments in CEE in 2020
18
Mar
2021

Asian capital dominated I&L investments in CEE in 2020

by Property Forum
2020 was a record year for industrial and logistics investment volumes with ca. €3.3 billion transacted and a 32% share of the total annual volumes, according to “The CEE Industrial Scene 2020-2021” released by Colliers.
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News 7R breaks its record for space under construction
18
Mar
2021

7R breaks its record for space under construction

by Property Forum
2020 was a landmark year for the warehouse industry, which in the face of the global pandemic turned out to be one of the strongest branches of the Polish economy. Summaries for last year show that Poland was the number two European market (after Germany) for commissioning warehouse space, as well as number three on the continent for leased space. 7R, the only Polish industrial and warehouse developer to be in the Polish sector’s top three, summarizes its results for 2020.
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Latest news


New leases

  • 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.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • 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.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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