News - Asian capital takes the throne from domestic investors
14
Aug
2019

Asian capital takes the throne from domestic investors

by Property Forum
Flow volume into the CEE-6 commercial real estate markets picked up in Q2 2019, registering a cycle-high €3.3 billion for the quarter. Following on from the weaker Q1, H1 2019 volumes at €5.5 billion were thus just -3% down on H1 2018’s record, according to Colliers International's latest report.
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News - Mall openings in Romania to accelerate in 2019
14
Aug
2019

Mall openings in Romania to accelerate in 2019

by Property Forum
Delivery of retail space will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country with new deliveries in Bucharest amounting for 35,000 square meters, according to the H1 Romania Retail MarketBeat report, realized by  Cushman & Wakefield Echinox.
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News - CTP launches operations in Bulgaria
14
Aug
2019

CTP launches operations in Bulgaria

by Property Forum
Bulgaria marks the seventh country in which CTP opens operations, stretching the company's portfolio from the German border to the Black Sea.
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News - TriGranit opens new building in Kraków complex
14
Aug
2019

TriGranit opens new building in Kraków complex

by Property Forum
Building H, the eighth element of TriGranit’s Bonarka for Business (B4B), one of the most popular office complexes in Kraków, has been opened. The eight-storey, Class A office building with 9,855 sqm GLA already has a 45% occupancy rate, while the occupancy of Building F has recently reached 100%. So far in 2019, there have been more than 11,000 sqm new leases or lease extensions in the Bonarka office complex. TriGranit is preparing the delivery of two further office projects in the B4B complex, Building I and Building J, each with 10,000 sqm GLA.
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News - Hagag breaks ground on its largest Bucharest project
14
Aug
2019

Hagag breaks ground on its largest Bucharest project

by Property Forum
Real estate developer Hagag Development, part of Hagag Group Israel, breaks ground on its largest residential project to be developed in Romania: H Pipera Lake. Out of the total number of 390 apartments to be delivered in the first phase, 45% have already been sold.
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News - Spaceflow raises €1.6 million
08
Aug
2019

Spaceflow raises €1.6 million

by Property Forum
Spaceflow announced the completion of a €1.6 million funding round led by Credo Ventures with participation from Day One Capital and UP21. The round will help Spaceflow achieve its strategic growth goals in the USA and UK, and also expand its product development team to continue refining its platform and service offerings.
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News - Retail developers focus on regional cities in Romania
08
Aug
2019

Retail developers focus on regional cities in Romania

by Property Forum
The total modern retail stock in Romania, which includes both retail parks and shopping centres, has reached approximately 3.7 million sqm in the first half of 2019 and around 130,600 sqm are expected to be brought on the market by the end of the year, according to CBRE's latest research report.
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News - Primark to open first store in Poland
07
Aug
2019

Primark to open first store in Poland

by Property Forum
Cresa represented Primark, a leading international fashion retailer, in the lease acquisition of its first store in Poland. The unit of 3,660 sqm of retail space will be located in Galeria Młociny in Warsaw.
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News - Office take-up increases in Bratislava
07
Aug
2019

Office take-up increases in Bratislava

by Property Forum
Total take-up on Bratialava's office market reached 80,000 sqm, representing a 160% increase over the previous quarter. The Bratislava Research Forum announced the office market figures for Q2 2019.
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News - Panattoni starts large-scale Warsaw project
07
Aug
2019

Panattoni starts large-scale Warsaw project

by Property Forum
Panattoni Europe embarks on the largest project in the Warsaw region. The new facility, A2 Warsaw Park, will total 102,500 sqm of space and will be located next to the Grodzisk Mazowiecki Junction and the A2 motorway. The first tenant has already been secured – Raben Logistics Polska, taking up 30 per cent of the space. Project completion is planned for Q1 of 2020.
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Latest news


New leases

  • 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.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

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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