Zoltán Fekete was appointed the President of the Management Board of GTC. Previously, he has served the company as the Chairman of The Supervisory Board for two years. In the new role, Mr Fekete will steer all GTC’s operations in the region.

Sebastian Proć has been associated with HB Reavis for 13 years - from the beginning of the company's operations on the Polish real estate market, he held managerial positions, overseeing business development, acquisitions and development activities. Previously, he was associated with the DTZ consulting company, as well as Premiumred Real Estate Development (Investkredit / Volksbank group), Budimex Nieruchomości and Unikat Commercial Properties.

Colliers has promoted Kevin Turpin to Regional Director of Capital Markets in Central and Eastern Europe (CEE) with immediate effect. 

IREP and West Properties have joined forces in a partnership to provide full real estate services for Serbia and the wider Balkans region. In a strategic move that will be announced at MIPIM in Cannes, France, the two companies will combine key services, knowledge and experience to offer a comprehensive and dynamic range of services currently not available in this region.

CBRE Group announced a decision to discontinue most of its business in Russia in response to the horrific attack on Ukraine. The company has begun the process of exiting its office in Moscow, which provides leasing, investment, property management and valuation services, and terminating two existing affiliate relationships in the country. Consistent with its contractual obligations, CBRE will continue to manage facilities and provide other essential services for existing multi-national clients that are operating in Russia.

Immofinanz today received a request to convene an extraordinary general meeting, together with an agenda covering elections to the Supervisory Board. According to the convocation request, CPIPG holds an investment (directly and indirectly) of approximately 54.86% in Immofinanz and recommends (via its subsidiary WXZ1 a.s.) two new members for election by the general meeting.

Colliers stands with the people of Ukraine, an independent country and strongly condemns the invasion by the Russian military. These actions are indefensible and in complete contrast to the principles of democracy and freedom. Colliers fully supports all appropriate sanctions enacted by the international community and, in response to the gravity of Russia’s aggression, the company has discontinued its business in Russia and Belarus, effective immediately, after more than 28 years of operations. Colliers thanks its former colleagues and partners for their work over the years and wishes them well as they navigate the future.

Lincoln Property Company (LPC), an established investor, developer, and provider of management services, active in the US and European commercial real estate sector, has resumed its operations in Poland. Damian Grzywacz was appointed Managing Director of Lincoln Property Company in Poland following LPC’s acquisition of The Form in Warsaw last year, and has been tasked with identifying further investment projects in the region.

GTC Hungary has appointed new top managers who will be responsible for serving GTC’s clients more efficiently.

MDC2  – a developer of warehouse and industrial space operating on the Polish market – announced a new key hire in their Development Team. Ewa Zawadzka was appointed a Director, Head of Development effective February 1, 2022.