News - Prologis launches online marketplace for tenants
16
Sep
2020

Prologis launches online marketplace for tenants

by Property Forum
Prologis has launched its Essentials Marketplace for Europe, a procurement tool that saves customers time when setting up, expanding or upgrading their operations. This online platform offers a raft of key warehouse interior products and fully managed instalment processes.
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News - Globalworth increases revenue in H1 2020
16
Sep
2020

Globalworth increases revenue in H1 2020

by Property Forum
Globalworth’s revenue and net operating income rose by 9.9% to €114.0 million and by 17.1% to €79.6 million as compared to H1 2019, respectively, mainly due to the acquisition of standing properties in Poland and completion of the development of properties in Romania. Globalworth has published its interim results for the six months ended 30 June 2020.
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News - Trei takes out €42 million loan from Helaba
16
Sep
2020

Trei takes out €42 million loan from Helaba

by Property Forum
Trei Real Estate GmbH has taken out an unsecured loan in a volume of €42 million from the German bank Helaba. It involves an innovative financing structure that Trei employed in similar form for the first time when taking out a loan from the same lender in late 2019. The successful model includes corporate finance elements, on the one hand, and the characteristics of a mortgage loan, on the other hand. The loan has a four-year maturity. Trei intends to use the borrowed capital to finance its growth trajectory.
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News - Hungary’s Infogroup appoints new sales director
16
Sep
2020

Hungary’s Infogroup appoints new sales director

by Property Forum
Balázs Czifra has joined Infogroup in September 2020. He will oversee the sales, asset management and business development activities of the company.
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News - DL Invest Group and DHL to develop logistics centre in Silesia
15
Sep
2020

DL Invest Group and DHL to develop logistics centre in Silesia

by Property Forum
DL Invest Group has concluded a cooperation agreement with DHL Supply Chain Polska concerning the joint development of the logistics centre DL Invest Park Psary. Right next to the DK-86 route in Psary in Silesia, modern warehouse buildings with a total area of over 200,000 sqm will be constructed.
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News - AFI signs up two new tenants for Brașov office project
15
Sep
2020

AFI signs up two new tenants for Brașov office project

by Property Forum
AFI Park Brașov, an office project developed by AFI Europe Romania, announced two new tenants, Siemens Romania and NTT Data. The Class A office building has thus reached an occupancy rate of 55% before its official opening, with a total leased area of approximately 8,300 sqm.
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News - Vodafone to move HQ to Futureal’s office park in Budapest
15
Sep
2020

Vodafone to move HQ to Futureal’s office park in Budapest

by Property Forum
As the next step in the integration of Vodafone Hungary and UPC, in the autumn of 2022, colleagues working in the company's Budapest offices will move to the Budapest One office park. The complex, developed by Futureal, will house Vodafone's new headquarters.
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News - CTP secures 75,000 sqm lease in Bucharest
15
Sep
2020

CTP secures 75,000 sqm lease in Bucharest

by Property Forum
CTP has been named the landlord of choice by a joint venture partnership between Maersk and IB Cargo which is going to operate a 75,000 sqm distribution centre for IKEA Supply AG at ctPark Bucharest West.
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News - Warburg-HIH to convert entire portfolio to green electricity
14
Sep
2020

Warburg-HIH to convert entire portfolio to green electricity

by Property Forum
Warburg-HIH Invest Real Estate is improving the carbon footprint of its portfolio within the scope of its ESG strategy. The real estate portfolio is gradually being converted to an environmentally-friendly supply of electricity from ecological sources and heat from carbon-neutral natural gas. In joint undertaking with the Hamburg-based energy provider Lichtblick, a total of 126 properties are currently being converted to the use of green electricity. This will allow for a reduction of carbon emissions in the portfolio by around 7,500 tonnes annually. Warburg-HIH Invest will also be gradually converting its entire European real estate portfolio to green electricity.
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News - Panattoni secures 52,000 sqm e-commerce lease in Gdańsk
11
Sep
2020

Panattoni secures 52,000 sqm e-commerce lease in Gdańsk

by Property Forum
One of Panattoni’s existing customers, Globalway – a supplier of (among others) toys, furniture, sports accessories and interior furnishings produced in China – has decided to lease the whole of Panattoni Park Tricity East IV. This has been made possible thanks to the close cooperation of the developer with the Polish Investment and Trade Agency (PAIH), which is supporting the project by providing investment incentives for Globalway. The 52,000 sqm complex is to be built in the eastern part of Gdańsk, where the tenant will be ready to move in Q1 2021. The leasing deal was brokered by Querco Property.
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Latest news


New leases

  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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