News - C&W: EMEA prime logistics yields close to converging on retail
14
Nov
2021

C&W: EMEA prime logistics yields close to converging on retail

by Property Forum
The rampant growth in rents across the logistics sector continues amid a broader recovery in markets as the impacts of the COVID-19 pandemic begin to wane, according to Cushman & Wakefield’s latest DNA of Real Estate research for Q3 2021.
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News - CTP inks lease deal with Tuborg Romania in Bucharest
12
Nov
2021

CTP inks lease deal with Tuborg Romania in Bucharest

by Property Forum
CTP, the biggest owner of industrial and logistics spaces in Romania, says it has signed a lease deal with beverage maker Tuborg Romania. 
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News - Home prices in Hungary's Balaton region pass Budapest's
12
Nov
2021

Home prices in Hungary's Balaton region pass Budapest's

by Property Forum
Housing prices rose just 0.5% in Q2 2021 in Hungary, according to the Central Statistical Office’s (KSH) latest Housing Price Index. Year on year, the increase was 11.5% in Q2, partly because of a low base as prices fell slightly between April and June 2020 due to pandemic-related uncertainty.
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News - Prime Kapital to deliver first phase of Iași project in 2022
12
Nov
2021

Prime Kapital to deliver first phase of Iași project in 2022

by Property Forum
Property developer Prime Kapital says it has finished the demolition phase on a former industrial platform in Iași where it will kick off the construction of Silk District, a mixed-use scheme. 
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News - Czech office and logistics markets continues to attract investors
12
Nov
2021

Czech office and logistics markets continues to attract investors

by Ákos Budai
The Czech market is expected to record a full-year investment volume of €775 million and €475 million for offices and logistics, respectively, signalling continued growth in both market segments. Savills experts Pavel Novák and Chris LaRue talked to Property Forum about the key trends driving the Czech office and logistics markets.
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News - IWG adds first franchise partner in Romania
11
Nov
2021

IWG adds first franchise partner in Romania

by Property Forum
IWG, the operator of flexible and co-working spaces, says it has signed the first franchise partner in Romania. 
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News - TriGranit’s Budapest office development gets certified
11
Nov
2021

TriGranit’s Budapest office development gets certified

by Property Forum
Millennium Gardens, developed by TriGranit in Budapest, is over the design stage of the two-stage BREEAM certification, which puts the office building in the Excellent category.
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News - First Hilton hotel in Brașov to open in 2023
11
Nov
2021

First Hilton hotel in Brașov to open in 2023

by Property Forum
Venus Crown Residence Estate will develop the first DoubleTree by Hilton hotel in Brașov following the signing of a management agreement with Hilton. The hotel with 150+ guestrooms is expected to open in the summer of 2023 following an investment of €21 million. 
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News - Catinvest to add 7,200 sqm in Craiova-based shopping mall
11
Nov
2021

Catinvest to add 7,200 sqm in Craiova-based shopping mall

by Property Forum
French real estate group Catinvest will add 5,500 sqm retail space, 1,200 sqm for a shared open-air terrace for the food court and a new playground of 500 sqm in Electroputere Mall, located in Craiova. 
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News - Fortim Trusted Advisors aims for 30% turnover growth in 2022
11
Nov
2021

Fortim Trusted Advisors aims for 30% turnover growth in 2022

by Property Forum
Fortim Trusted Advisors, the property consultancy member in the BNP Paribas Real Estate Alliance in Romania, says it will record a turnover of RON 5 million (around €1 million) this year, while next year’s growth expectations are set at 30% year-on-year.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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