News Czech co-working space provider goes public
14
Jun
2018

Czech co-working space provider goes public

by Property Forum
Hub Ventures, an operator of shared office space in the Czech Republic, is going public this month on the Prague Stock Exchange's Start market. Investors began making orders at the beginning of the week in a fundraising exercise expected to take in as much as €3.5 million (CZK 90 million).
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News Savills becomes PM of Bydgoszcz office building
14
Jun
2018

Savills becomes PM of Bydgoszcz office building

by Property Forum
Savills has been appointed property manager of Arkada Business Park, a Class A office complex in Bydgoszcz. The building has already received an occupancy permit.
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News The future is technologies that can improve user experience
14
Jun
2018

The future is technologies that can improve user experience

by Ákos Budai
Technology is changing the world of property all over the world. Here are our 10 key takeaways from PropTech360, Israel’s first global real estate and technology summit, hosted in Jerusalem last week.
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News Polish industrial market expands at record rate
12
Jun
2018

Polish industrial market expands at record rate

by Property Forum
In Q1 2018, Poland’s total warehouse and industrial stock amounted to more than 14.15 million sqm and another 1.90 million sqm was under construction, the largest quarterly development pipeline on record. Central Poland was the leading regional market, accounting for more than half of new supply and most of the leasing transaction volume.
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News Warsaw office building gets certified
12
Jun
2018

Warsaw office building gets certified

by Property Forum
The Bitwy Warszawskiej Business Center has received the BREEAM IN-USE certificate with a “Very Good” rating in Asset Performance and Building Management. The audit was conducted by Cushman & Wakefield. CA Immo is the owner of the office building.
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News New player enters Bucharest’s logistics market
10
Jun
2018

New player enters Bucharest’s logistics market

by Property Forum
Element Industrial, a property developer founded by businessman Ionut Dumitrescu, has recently entered the logistics market by announcing its first project, Eli Park 1 in the Chitila area, west of the Romanian capital. The project will require an investment of €25 million.
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News Poznań office market expands
10
Jun
2018

Poznań office market expands

by Property Forum
Poznań is constantly evolving. This is mirrored by the excellent results recorded on the city’s office market. New thriving companies are establishing operations in Poznań while firms already present in the city are expanding their business. All of these factors are boosting demand in Poznań for modern office space, according to JLL.
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News Nova Imobiliare to spend €30 million on Bucharest mall
10
Jun
2018

Nova Imobiliare to spend €30 million on Bucharest mall

by Property Forum
Nova Imobiliare announced the €30 million expansion of Colosseum Mall, in the north-western area of Bucharest. Construction is scheduled to start later this year and the inauguration will take place in the first half of 2019.
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News New residential developer enters Bucharest
10
Jun
2018

New residential developer enters Bucharest

by Property Forum
Prime Kapital, a property developer established by four former top executives of NEPI, will be developing its first residential project in Romania, called Avalon Estate. The 800-unit project, located in northern Bucharest is due for completion in 2024, zf.ro reports.
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News EPP to buy Poznań shopping centre for €91 million
10
Jun
2018

EPP to buy Poznań shopping centre for €91 million

by Property Forum
EPP has announced the acquisition of the King Cross Marcelin Shopping centre for €91.1 million. This marks the group’s first entry into Poznan, adding to the group’s portfolio of eighteen retail projects. The property is being purchased through its wholly-owned Polish subsidiary, EPP Development 7 SP.z.o.o from Poznań onkil S.A. which holds its legal title to the property. The initial yield of the acquisition is 7.30%.
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Latest news


New leases

  • A company specialising in the logistics sector, providing goods warehousing and transportation services, has leased a total of over 5,000 square meters of modern space at the MLP Czeladź logistics centre. The transaction was brokered by the consulting firm Rock Estate.
  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
  • 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.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • 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.

ABOUT US

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