News - Construction disputes last over 2 years in the Czech Republic
17
Jun
2021

Construction disputes last over 2 years in the Czech Republic

by Property Forum
Arcadis published its Global Construction Disputes Report 2021 comparing the length, value, and ways of solving construction disputes in particular regions of Europe, Asia and North America.
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News - Skanska completes €97 million sale of Campus 6  in Bucharest
17
Jun
2021

Skanska completes €97 million sale of Campus 6 in Bucharest

by Property Forum
Real estate group Skanska says it fully completed the sale of office buildings Campus 6.2 and 6.3 within Campus 6, the complex developed in western Bucharest, in its biggest local deal valued at €97 million.
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News - GTC’s green bonds meet strong investor demand
17
Jun
2021

GTC’s green bonds meet strong investor demand

by Property Forum
Globe Trade Centre has successfully issued a debut unsecured green bond for €500 million. The bonds, bearing a coupon of 2.25% p.a., received a strong reception from the broad European fixed-income investor universe and were several times oversubscribed with a peak order book in excess of €1.4 billion.
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News - Retail park deliveries to dominate Romania's market in 2021
17
Jun
2021

Retail park deliveries to dominate Romania's market in 2021

by Property Forum
Romania is posting one of the biggest recoveries of non-food consumption in the European Union (EU) and retailers with online stores are set to benefit most from this growth, according to an analysis by real estate consultancy Colliers. 
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News - REICO sells Brno office building to local investor
17
Jun
2021

REICO sells Brno office building to local investor

by Property Forum
REICO’s ČS real estate fund has decided to sell the Platinium office building in Brno to Czech investment group RSBC. The Platinium building was the longest-held property in the fund's portfolio.
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News - Regulator approves One United Properties IPO
17
Jun
2021

Regulator approves One United Properties IPO

by Property Forum
Romania’s Financial Supervisory Authority (ASF) has approved the listing prospectus of One United Properties. The developer aims to sell a 10% stake in an Initial Public Offering (IPO) carried out on the Bucharest Stock Exchange. 
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News - Panattoni leases 85,000 sqm in Wrocław Campus 39
16
Jun
2021

Panattoni leases 85,000 sqm in Wrocław Campus 39

by Property Forum
Panattoni is launching Wrocław Campus 39, its largest project in Lower Silesia. The developer has already leased almost 85,000 sqm of the park to two tenants – 78,000 sqm of which will be used for e-commerce. Currently, 160,000 sqm is under construction, half of which will be ready in September this year. Campus Wrocław 39 will eventually offer 200,000 sqm and is to be BREEAM ‘Excellent’ certified.
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News - Some cities will adopt hybrid working faster
16
Jun
2021

Some cities will adopt hybrid working faster

by Property Forum
Savills has examined both employee-driven and occupier/employer-driven factors to assess which global cities may see a faster transition to hybrid working post-COVID-19. From an office occupier perspective, New York, Paris, London, Berlin and Frankfurt may be primed for a faster transition to hybrid working, given comparatively high office costs, already flexible working practices and extended lockdowns, while less flexible working cultures in Mumbai, Shanghai and Ho Chi Minh City mean that any transition to hybrid working may be slower.
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News - Staffless grocery store opens in Poznań
16
Jun
2021

Staffless grocery store opens in Poznań

by Property Forum
Starting already from June 14th this year, customers can do shopping within seconds in the first Żappka Store opened within the premises of the Poznań International Fair. The Żappka Store is usable with an application and it has neither checkouts nor attendants. Because the facility is available 24/7, customers can use it at any time of day or night.
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News - Patrizia sells Le Palais, a mixed use asset in Warsaw
16
Jun
2021

Patrizia sells Le Palais, a mixed use asset in Warsaw

by Property Forum
Patrizia has sold Le Palais, a multi-let mixed-use asset in Warsaw, Poland, on behalf of institutional clients to the Generali Europe Income Holding (GEIH) fund managed by Generali Real Estate SGR.
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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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