News - Mint Investments buys Prague high street building
17
Oct
2019

Mint Investments buys Prague high street building

by Property Forum
Mint Investments acquired one of the most prominent buildings in Na Příkopě Street in Prague for its private investors. Mint Investments acted in the transaction as an investment advisor and asset manager supported by Sentient as a technical advisor. The acquisition was debt-financed by Česká spořitelna. The seller was represented in the transaction by CBRE. Mint Investments now plans a major investment in the building's technical equipment which will allow it to execute its value-add programme.
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News - Oxenwood enters Poland with €13.5 million logistics acquisition
17
Oct
2019

Oxenwood enters Poland with €13.5 million logistics acquisition

by Property Forum
Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a newly developed logistics facility near Warsaw from a joint venture between Panattoni Europe and Bluehouse Capital for €13.5 million.
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News - Hines to buy Warsaw office building
17
Oct
2019

Hines to buy Warsaw office building

by Property Forum
Hines European Value Fund, acting through its subsidiary Gisla, plans to acquire the Wola Center office building in Warsaw from Develia. The parties have signed a preliminary agreement with the deal value set at €101.9 million.
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News - CTP expands with new tenant near Budapest
17
Oct
2019

CTP expands with new tenant near Budapest

by Property Forum
Aldi will lease 10,000 sqm at CTPark Budapest West in Biatorbágy, the developer announced on Linkedin. The new tenant will move in before the end of the year.
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News - Hungary’s Wing to acquire majority interest in Echo Investment
16
Oct
2019

Hungary’s Wing to acquire majority interest in Echo Investment

by Property Forum
Hungarian investor and developer Wing has signed a preliminary agreement to acquire majority interest (c.a. 56% of shares) in Echo Investment, a Polish developer listed on the Warsaw Stock Exchange. Echo Investment has almost 90 projects in the pipeline, with the total estimated usable area of c.a. 1.3 million sqm.
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News - Accor to open new hotel in South Buda in 2020
14
Oct
2019

Accor to open new hotel in South Buda in 2020

by Property Forum
ibis Styles Budapest Genius in the 11th district of Budapest will welcome first guests in the fall of 2020. According to the recently signed agreement, Accor Pannonia Hotels Zrt. will manage the hotel.
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News - Over €585 million invested in Romanian real estate so far this year
14
Oct
2019

Over €585 million invested in Romanian real estate so far this year

by Property Forum
The volume of real estate investments in Romania exceeded €585 million in the first nine months, shows the latest research report of CBRE. The office market attracted more than half of the investments, Bucharest and Cluj-Napoca being the most dynamic cities, with almost 90 percent of the investment volume.
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News - LPP opens e-commerce warehouse in Romania
14
Oct
2019

LPP opens e-commerce warehouse in Romania

by Property Forum
The first boxes with orders from a Polish clothing manufacturer have already set off from the warehouse just outside Bucharest. Thanks to the launch of the fulfilment centre with an area of 22,000 sqm LPP is now able to do deliveries to customers from South-Eastern Europe even the next day after the transaction. The warehouse will handle online orders for all five brands of LPP: Reserved, Cropp, House, Mohito, and Sinsay.
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News - CPI plans to acquire over €800 million worth of offices in Warsaw
14
Oct
2019

CPI plans to acquire over €800 million worth of offices in Warsaw

by Property Forum
CPIPG expects to acquire more than €800 million of high-quality offices in Warsaw, Poland during Q4 2019 and early Q1 2020. The company’s team in Warsaw has identified eight properties totalling more than 235,000 sqm and has signed letters of intent (with exclusivity) on assets valued at more than €700 million.
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News - Panattoni Europe completes 123,300 sqm big box in Poland
14
Oct
2019

Panattoni Europe completes 123,300 sqm big box in Poland

by Property Forum
Panattoni Europe has completed a warehouse facility which is a record-breaker in Poland in terms of size at ground level. It is the central warehouse of Leroy Merlin totalling in excess of 123,300 sqm. The project was delivered literally in the centre of Poland – in Piątek commune, Łódź voivodeship – and has completed the BREEAM environmental certification process.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.

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