News - Bucharest-based One Tower gets health and safety certification
27
Sep
2021

Bucharest-based One Tower gets health and safety certification

by Property Forum
One Tower, the office building part of One Floreasca City in Bucharest, has received the WELL Health and Safety certification, which highlights the impact of buildings on the health and well-being of occupants.
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News - Prague’s industrial vacancy rate stays at record low
27
Sep
2021

Prague’s industrial vacancy rate stays at record low

by Property Forum
The Industrial Agency of Colliers Czech Republic received an exclusive mandate from Prologis to find a suitable tenant for the industrial premises in Rudná near Prague. There are currently only eight vacant industrial spaces available ready for immediate occupancy within the area of Greater Prague.
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News - CTP raises €1 billion with dual-tranche green bond issuance
27
Sep
2021

CTP raises €1 billion with dual-tranche green bond issuance

by Property Forum
CTP successfully completed another green bond issuance, structured as a dual tranche. CTP raised a total of €1 billion under its recently increased €8 billion EMTN program. The issue included a €500 million five-year tranche, a €500 million ten-year tranche and a concurrent €150 million capped tender offer on the €650 million senior notes due October 2025. Total demand for the issue was around €3.5 billion and the tender offer well exceeded the targeted amount, evidencing and further supporting the solid standing that CTP holds amongst international bond investors less than one year after first entering the market.
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News - Wing issues green bonds totalling €70 million
27
Sep
2021

Wing issues green bonds totalling €70 million

by Property Forum
Wing held a successful bond auction, issuing green bonds totalling approximately €70 million (HUF 25 billion) through the Bonds for Growth Scheme (NKP) of the Central Bank of Hungary (MNB). In line with international standards and requirements, Wing will use the funds raised through the bonds solely for environmentally friendly projects and assets.
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News - Europe's warehouse market is set for another record year
27
Sep
2021

Europe's warehouse market is set for another record year

by Property Forum
According to Savills, the European logistics market is on track for another record year, as investment volumes and take-up activity are already in excess of five-year averages at the half-year point. Take up in Poland in H1 2021 exceeded 3,000,000 sqm the first time in history and was higher than France, UK and Spain.
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News - Globalworth sells five of its Warsaw office buildings
27
Sep
2021

Globalworth sells five of its Warsaw office buildings

by Property Forum
Globalworth has signed a preliminary agreement to sell five Warsaw office buildings to 5th Corner – a new investment platform set up by Cornerstone Investment Management and other shareholders. In this transaction, which is valued at around €123 million, the buildings in Globalworth’s portfolio that are to be sold are Nordic Park, Bliski Centrum, Batory Building I, Company House I and Warta Tower.
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News - Corporations are still figuring out what’s the future of work
27
Sep
2021

Corporations are still figuring out what’s the future of work

by Property Forum
The size of companies shapes the way in which they plan to resume work in office buildings, commented key speakers during the post-COVID-19 workplace strategies 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 - Futureal secures €50 million loan from MKB Bank
24
Sep
2021

Futureal secures €50 million loan from MKB Bank

by Property Forum
Hungarian developer Futureal and MKB Bank have signed a loan agreement for nearly €50 million (approx. HUF 17 billion) to finance the third phase of its Budapest ONE office park project. The final phase of the office complex will be completed in the second half of 2022.
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News - Bike manufacturer expands its production at CTPark Cheb
24
Sep
2021

Bike manufacturer expands its production at CTPark Cheb

by Property Forum
German bicycle manufacturer CUBE is expanding its operations by launching its first production facility at CTPark Cheb in the Czech Republic, in a new building with 10,000 sqm of space. The new assembly line for bicycles is planned to start in February 2022.
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News - One United Properties buys historic building in Bucharest
24
Sep
2021

One United Properties buys historic building in Bucharest

by Property Forum
Local developer One United Properties has acquired a historic building near the Romanian Athenaeum in central Bucharest. 
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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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