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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News - CPI raises €2 billion through green bond issuance
31
Oct
2019

CPI raises €2 billion through green bond issuance

by Property Forum
CPI Property Group has issued green bonds with a face value of €750 million, a yield of 1.625% and a maturity date of 23rd April 2027. Over €2 billion of the bonds have been placed. The company intends to use a significant portion of this to acquire high-quality office properties in Warsaw during Q4 2019 and 2020.
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News - One United Properties gets permit for Bucharest mixed-use project
31
Oct
2019

One United Properties gets permit for Bucharest mixed-use project

by Property Forum
Romanian real estate developer One United Properties has obtained the building permit for the One Verdi Park mixed-use project that will include office and residential units.
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News - Real estate leaders continue to see value in coworking
31
Oct
2019

Real estate leaders continue to see value in coworking

by Property Forum
Many expect to double commitment to coworking in the next five years, according to a survey by Cushman & Wakefield and CoreNet Global. Cushman & Wakefield has released a report that reveals corporate perceptions of the value of flexible workspace and coworking strategies.
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News - Iași office building get certified
31
Oct
2019

Iași office building get certified

by Property Forum
U.S. Green Building Council (USGBC) awarded United Business Center 5 (UBC 5), a Class A office building and part of the office component of Palas Iași mixed-use project, the LEED Gold certification in line with the LEED 2009 international standard for Existing Buildings: Operations and Maintenance.
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News - Futureal Group buys and repositions Warsaw office complex
30
Oct
2019

Futureal Group buys and repositions Warsaw office complex

by Property Forum
Futureal Group has acquired the Antares office building in Warsaw, Poland. The 16-year-old complex will be fully modernized and repositioned in order to exceed the higher expectations of tenants. Cushman & Wakefield has been appointed as sole letting agent for the project.
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News - Prologis builds speculatively in Budapest
30
Oct
2019

Prologis builds speculatively in Budapest

by Property Forum
Prologis has started the construction of a new, state-of-the-art speculative facility totalling 14,000 square meters at Prologis Park Budapest-Harbor to provide further sustainable space. Scheduled for completion in Q2 2020, the new building will even have its own motorway access.
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News - Poland’s top property developments worth nearly €10 billion
30
Oct
2019

Poland’s top property developments worth nearly €10 billion

by Property Forum
The total value of 230 office, retail, warehouse and hotel projects, both ongoing and planned, which are conducted by top 30 property developers is estimated at nearly €10 billion, according to the latest report by research company Spectis.
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News - Record strong leasing activity on Warsaw’s office market
30
Oct
2019

Record strong leasing activity on Warsaw’s office market

by Property Forum
Leasing volume on the Warsaw office market hit 688,500 sqm in the first three quarters of 2019, of which nearly 65% was transacted under expansions and new deals. Cushman & Wakefield presented an overview of the Warsaw office market after Q3 2019.
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News - Leading property players join M7 Real Estate to invest in Unissu
28
Oct
2019

Leading property players join M7 Real Estate to invest in Unissu

by Property Forum
Unissu.com, the world’s only PropTech marketplace, has raised US$800,000 of investment led by M7 Real Estate alongside a number of other high profile international experts in the field of digital transformation in real estate. These include Harry Hill, Founder of Rightmove, the Central Europe-based Property Forum, Asia PropTech and Robert Gilchrist, the former CEO of Rockspring. Richard Croft, Executive Chairman of M7, has also joined Unissu’s board of directors.
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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