17
Apr
2020
Apr
2020
Goodman secures new tenant in Gdańsk
Hartwig Gdynia has leased 5,200 sqm of warehouse and office space in the Pomeranian Logistics Centre. The tenant was represented during negotiations by Cresa.
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17
Apr
2020
Apr
2020
Singapore-based investor closes first fund with Polish acquisition
Singapore-based alternative asset manager Elite Partners Capital has announced the first close of its pure-play Elite Logistics Fund. Launched in January 2020, Elite Logistics Fund, which targets investment opportunities in the EU and UK logistics sectors, now holds more than 372,000 sqm of logistics assets in Poland and the UK.
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17
Apr
2020
Apr
2020
Investors in Romania go for office and industrial space
Appetite for the acquisition of office buildings and industrial parks, less rented offices and shopping centres with postponed openings, this is how this quarter could be described regarding the real estate market in Romania, according to the quarterly report of CBRE.
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16
Apr
2020
Apr
2020
Hungary to reintroduce 5% VAT rate for certain residential projects
For residential developments executed in brownfield zones a VAT rate of 5% will apply instead of the normal 27%, the Minister of the Prime Minister's Office announced today.
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16
Apr
2020
Apr
2020
Yareal sells flagship office investment in central Warsaw
Yareal has signed a contract to sell the Nowogrodzka Square office building to a French fund managed by Amundi Real Estate. The transaction includes a Class A office building covering an area of 11,000 square meters, as well as an underground garage with 148 parking spaces. Nowogrodzka Square was opened in the fall of 2018.
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16
Apr
2020
Apr
2020
CBRE: Solid Q1 2020 results for Romania
The first three months of the year were closed with promising figures on the Romanian property market. CBRE published its Q1 2020 overview of the main commercial real estate sectors.
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16
Apr
2020
Apr
2020
Are we slowly getting back to normal?
After the first loosening measures of Austria, Slovakia and the Czech Republic, more countries of the region plan to start gradually scaling back the regulations imposed to stop the spread of the coronavirus pandemic.
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16
Apr
2020
Apr
2020
Penta sells Warsaw office building to Slovakia’s IAD
Penta Real Estate has sold the D48 office building in Warsaw’s Służewiec district to fellow Slovak company IAD Investments for an undisclosed sum.
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16
Apr
2020
Apr
2020
Echo Investment puts virtual assistant into work
Echo Investment is introducing a new service for potential home buyers, Aurelia – a virtual customer assistant.
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16
Apr
2020
Apr
2020
Erste sells land for warehouse development near Budapest
Erste Real Estate, a subsidiary of Erste Bank Hungary, has signed an agreement to sell 57 hectares of a 170-hectare plot in Ecser, next to Budapest, to an international logistics company that intends to build a 100,000-square-meter high bay warehouse on the plot. VLK Cresa assisted the seller in this transaction.
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Latest news
- Bratislava new-home supply hits nine-year high
- Mitiska REIM opens first retail park in Bulgaria
- North Bucharest Investments adds Astorium Nest to portfolio
- Česká spořitelna plans €450 million senior housing investment
- Futureal-linked fund to acquire outlet centre near Budapest
- The investability gap: Why promising places struggle to attract capital
- AXI IMMO sees investor return to Polish real estate
- 55% of employees feel tired or overworked daily or several times a week
- Oded Rahamim returns to GTC as group CFO
- CA Immo sells Czech property platform
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
