News - Wing completes residential complex in Budapest
22
Jun
2021

Wing completes residential complex in Budapest

by Property Forum
Living, Wing’s residential property development umbrella brand, has completed its new residential park, Metropolitan Garden, in District 13, near Béke tér. Metropolitan Garden offers homes of various sizes between 30 sqm and 110 sqm in area. Each apartment has a balcony and is equipped with smart solutions.
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News - CTP raises €1 billion by issuing dual-tranche green bond
22
Jun
2021

CTP raises €1 billion by issuing dual-tranche green bond

by Property Forum
CTP has completed its largest green bond issuance to date, following the company’s March IPO and recent inclusion in the Euronext AScX index. Structured as a dual-tranche, CTP raised a total of €1 billion under its €4 billion EMTN programme. The issue included a €500 million four-year tranche and a €500 million eight-year tranche. Total demand for the issue reached nearly €4 billion, evidencing the solid standing that CTP holds on the international bond markets.
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News - Genesis Property: Healthy buildings will want to make people return to the office
22
Jun
2021

Genesis Property: Healthy buildings will want to make people return to the office

by Property Forum
One year (and almost a half) since the pandemic outbreak, business leaders across the world are still struggling with a million-dollar question: how to safely bring their teams back together in the office and fully restart business? With the hybrid model taking shape and employees slowly returning to the workplace in different scenarios, companies are looking to deploy frameworks for the healthy way of working of the future and some are already considering health performance indicators to confirm they are on the right track, writes Darren Allen, Development Manager at Genesis Property and Director of the Healthy by Design Building Institute, in an opinion piece for Property Forum
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News - NEPI sells €61 million Serbian retail portfolio to BIG CEE
21
Jun
2021

NEPI sells €61 million Serbian retail portfolio to BIG CEE

by Property Forum
Real estate services platform Novaston was an exclusive support agent in the sales process of two retail properties in Serbia between two influential investors in the Balkan region: NEPI Rockcastle and BIG CEE. The binding agreement with the total consideration of the approx. €61 million euros for retail properties Kragujevac Plaza Shopping mall (with a GLA of 22,300 sqm) and Krusevac retail park (with a GLA of 8,600 sqm) was signed in June.
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News - Cordia and 7R to work with BauApp solutions
21
Jun
2021

Cordia and 7R to work with BauApp solutions

by Property Forum
According to a report by McKinsey & Company, the digitalisation of products and processes is one of the new standards in the global construction sector. All indications are that the construction industry is also following in its footsteps. After the leaders from the office real estate sector, other leading companies on the Polish market, this time from the residential and logistics sector, are deciding on comprehensive digitisation of administrative processes at construction sites of their investments. Cordia Polska and 7R have signed long-term cooperation agreements with BauApp, a provider of a mobile application, tailored to the specific needs of companies operating in the CEE market.
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News - Heimstaden buys its first portfolio in Prague
21
Jun
2021

Heimstaden buys its first portfolio in Prague

by Property Forum
Swedish company Heimstaden is entering the Prague rental market. It has acquired the first 164 units under construction in Prague's Holešovice district as part of the Pergamenka project from developer FINEP.
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News - Warehouse sector is in the lead in Poland
21
Jun
2021

Warehouse sector is in the lead in Poland

by Property Forum
The demand for warehouses has increased by a quarter in recent months. Tenants are mostly interested in Greater Poland and Mazovia Provinces. The market is growing on average by 16 per cent per year, while as much as 2.5 million sqm of warehouse space is under construction, says Walter Herz
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News - CA Immo completes two office buildings in Prague
21
Jun
2021

CA Immo completes two office buildings in Prague

by Property Forum
CA Immo has completed the construction of two premium office buildings in the River City Prague campus, which is located in the Karlín district in the area of Rohan Island. Construction started in September 2019.
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News - MidPoint71 in Wrocław reaches its highest level
21
Jun
2021

MidPoint71 in Wrocław reaches its highest level

by Property Forum
MidPoint71, the office building developed by Echo Investment in Wrocław, has reached its target height, which was symbolized by a traditional topping out ceremony. Currently, facade and installation works are in progress. The next stage will be finishing the interior of the office building. The facility is scheduled to receive its occupancy permit in the fourth quarter of 2021.
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News - Old rental apartments fall out of favour
21
Jun
2021

Old rental apartments fall out of favour

by Property Forum
Cushman & Wakefield has analysed the findings of a survey carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities. The amount of rent and the standard of accommodation are key to home renters. 
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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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