News CTP launches new brownfield project in Brno
06
Nov
2019

CTP launches new brownfield project in Brno

by Property Forum
The dilapidated area of ​​the former Zetor industrial site in Brno Líšeň will come alive again. CTP has begun preparatory work for the construction of a new industrial park for light manufacturing, retail, research and small logistics. More than 1000 employees will find work here. The investment in the project is expected to amount to around €60 million (CZK 1.5 billion) with the expected date of completion of construction in 2025.
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News Prologis builds two BTS warehouses in Wrocław
06
Nov
2019

Prologis builds two BTS warehouses in Wrocław

by Property Forum
Prologis is expending Building 2 of Prologis Park Wrocław V with 16,500 square meters. The new investment is specifically tailored for two companies with very different backgrounds, but working towards the same goal: effective storage and distribution, both in the local market of Lower Silesia and across Poland.
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News CTP buys Košice business park from Erste Bank
05
Nov
2019

CTP buys Košice business park from Erste Bank

by Property Forum
With the recent acquisition of a business park located at Košice airport, CTP has become the market leader as the largest developer and owner of industrial and logistics real estate in Slovakia.
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News Tenants go for mixed-use buildings in Poland
05
Nov
2019

Tenants go for mixed-use buildings in Poland

by Property Forum
Changes in the Polish office sector happen not only from a quantitative aspect but in qualitative terms as well. There is a growing interest in multi-functional projects on the market. The share of flex space, which is an interesting option for large tenants, is also increasing. JLL summarised the situation on the Polish office market at the end of Q3 2019.
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News Meet the decision-makers of the SEE property industry!
04
Nov
2019

Meet the decision-makers of the SEE property industry!

by Property Forum
On 3 December 2019, Balkans Property Forum 2019, a conference and networking event for real estate professionals from all over Southeastern Europe will be held in Belgrade. Over 150 guests will come together in the Serbian capital to discuss key issues and explore the latest trends influencing the future of the real estate industry.
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News AFI Europe to develop 300 apartments in Bucharest
04
Nov
2019

AFI Europe to develop 300 apartments in Bucharest

by Property Forum
AFI Europe Romania intends to build 300 apartments on its 4.3-hectare land plot adjacent to the AFI Park office building and the AFI Cotroceni shopping centre, economica.net reported.
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News Shikun & Binui to buy Atenor’s Bucharest office complex
04
Nov
2019

Shikun & Binui to buy Atenor’s Bucharest office complex

by Property Forum
Israeli company Shikun & Binui has signed an exclusive letter of intent to acquire the 76,000 sqm Hermes Business Campus office complex in Northern Bucharest from Belgian developer Atenor, according to profit.ro.
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News Globalworth set to buy two office buildings in Poland
04
Nov
2019

Globalworth set to buy two office buildings in Poland

by Property Forum
Globalworth has signed a preliminary sale and purchase agreement with Cavatina Holdings SA to acquire two office developments in Poland, in Warsaw and Krakow, on their completion scheduled for Q1 2020. The maximum transaction consideration for the two assets has been set at €185 million, with the final consideration to be determined on their leasing status at completion and after customary deductions. 
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News Romanian office markets might be negatively impacted in case of hard Brexit
04
Nov
2019

Romanian office markets might be negatively impacted in case of hard Brexit

by Property Forum
The UK is Romania’s fourth biggest service export destination, after Germany, Italy and France, with around 8% of total, though it also generates nearly 12% of the IT service exports, underscoring the deep ties to the office market in Bucharest and other parts of the country. In case of a hard Brexit, just a modest 10% decrease in trade flows with the UK would shave around 0.1% of Romania’s GDP and bring potential pressures on good office buildings, as among companies tied to the UK economy are blue-chip tenants, according to data from Colliers International Romania.
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News Record-high investment volume on Poland’s office markets
04
Nov
2019

Record-high investment volume on Poland’s office markets

by Property Forum
According to data by JLL, the value of office investment transactions concluded from the beginning of 2019 came in at nearly €2.8 billion, equating to 2018's total performance. What is particularly noteworthy is that office regional markets achieved record-breaking results of over €1 billion.
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Latest news


New leases

  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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