News - Carpinus Holding buys into Immofinanz
02
Mar
2020

Carpinus Holding buys into Immofinanz

by Property Forum
Carpinus Holding GmbH has acquired a total of 12,000,000 shares in Immofinanz, corresponding to a shareholding of approximately 10.71%. The indirect shareholders of Carpinus Holding GmbH are Peter Korbacka and RPR Privatstiftung (Ronny Pecik).
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News - Echo Investment buys Tesco properties in Poland
28
Feb
2020

Echo Investment buys Tesco properties in Poland

by Property Forum
Echo Investment has secured three standing and working first-generation shopping centres belonging to the Tesco Group. Altogether, around 240,000 sqm mixed-use area consisting of office, retail and residential space can be developed on plots located in Poznań, Łódź and Kraków.
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News - Prologis sees strong rental growth in CEE
28
Feb
2020

Prologis sees strong rental growth in CEE

by Property Forum
In 2019, five out of the ten European markets with the highest logistics rental growth were located in CEE. Last year, net effective rents rose more than 5% for Europe as a whole, the highest level ever recorded. This growth is driven by headline rent growth as, after several years of concession reductions, many markets across Europe are currently at very low levels of incentives such as free rent. Prologis published its Logistics Rent Index.
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News - CA Immo sues Republic of Austria and Province of Carinthia
28
Feb
2020

CA Immo sues Republic of Austria and Province of Carinthia

by Property Forum
CA Immo has taken the decision to bring an action for damages against the Republic of Austria and the Province of Carinthia for unlawful and culpably biased influence on the best bidder procedure in the context of privatization of the Federal Residential Property companies in 2004 and for the unlawful failure to win the best bidder procedure.
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News - Panattoni builds next to Gdańsk
28
Feb
2020

Panattoni builds next to Gdańsk

by Property Forum
Panattoni will soon start the construction of Panattoni Park Tricity South II. The first 25,000 sqm out of the 70,000 sqm planned will be available in August 2020.
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News - C&W Echinox expects 15% increase in valuation volume
28
Feb
2020

C&W Echinox expects 15% increase in valuation volume

by Property Forum
In 2019, the valuation department of Cushman & Wakefield Echinox evaluated properties with a cumulative value of €4.2 billion, while estimating an increase of 15% of the valuation volume for the upcoming year.
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News - Prologis develops 200,000 sqm of new space in CEE
27
Feb
2020

Prologis develops 200,000 sqm of new space in CEE

by Property Forum
2019 saw the completion of 8 Prologis buildings in CEE with a total area of 189 000 square meters, whereas development starts totalled 200,000 square meters. Prologis shared it 2019 results and achievements for Central Europe.
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News - MLP Group secures €30 million for new projects
27
Feb
2020

MLP Group secures €30 million for new projects

by Property Forum
MLP Group has issued €30 million worth of bonds. The issue proceeds will be used to purchase land and implement projects to construct warehouses in Poland and abroad. On February 26th, the bonds will be introduced to trading on the Catalyst market.
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News - Reino & RF CorVal to buy BUMA’s portfolio in Poland
27
Feb
2020

Reino & RF CorVal to buy BUMA’s portfolio in Poland

by Property Forum
Reino Capital, a Luxembourg-based fund and Australia's RF CorVal signed a preliminary agreement to buy BUMA Group’s real estate portfolio as part of a larger deal. The portfolio consists of 10 office properties with over 110,000 sqm GLA plus a land bank with capacity for office projects totalling more than 80,000 sqm GLA and residential projects with over 100,000 sqm of usable area.
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News - Delta Holding starts €70 million retail project in Niš
27
Feb
2020

Delta Holding starts €70 million retail project in Niš

by Property Forum
Delta Holding has laid the foundation stone for the Delta Planet Niš shopping centre, which will spread over 40,000 sqm on two floors.  Completion is scheduled for spring 2021.
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Latest news


New leases

  • 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.
  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.

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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