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News Colliers International launches advice website for EMEA clients
24
Mar
2020

Colliers International launches advice website for EMEA clients

by Property Forum
Colliers International has launched a microsite to provide insight and recommendations for business during the COVID-19 global pandemic.
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News Futureal to donate €700,000 to fight against COVID-19
24
Mar
2020

Futureal to donate €700,000 to fight against COVID-19

by Property Forum
Hungary-based developers Futureal Group and Cordia have decided to donate €700,000 (HUF 250 million) to the fight against COVID-19. The directors of the company will decide on the usage of the funds shortly,
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News One United donates to fight against coronavirus
19
Mar
2020

One United donates to fight against coronavirus

by Property Forum
One United Properties announced that it is helping the medical system in fighting COVID-19 by donating €100.000.
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News Immofinanz CEO leaves the company
18
Mar
2020

Immofinanz CEO leaves the company

by Property Forum
Oliver Schumy, the CEO of Immofinanz AG, is leaving the Company as member of the Executive Board on 18 March 2020. The premature termination is based on mutual agreement due to personal reasons. As of 19 March 2020, the Executive Board of the Company is thus composed of the members Dietmar Reindl and Stefan Schönauer, who will continue all agendas.
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News Globalworth announces Board changes and issues COVID-19 statement
16
Mar
2020

Globalworth announces Board changes and issues COVID-19 statement

by Property Forum
Globalworth announced changes to the Company's Board of Directors and an update regarding the COVID-19 outbreak. Ioannis Papalekas, the Founder, is stepping down from the Board of Directors of Globalworth but will remain as CEO. Dimitris Raptis, the current Chief Investment Officer and Deputy CEO, has been appointed co-CEO.
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News CBRE Czech Republic names new Managing Director
05
Mar
2020

CBRE Czech Republic names new Managing Director

by Property Forum
CBRE announced the appointment of Clare Sheils as Managing Director of CBRE in the Czech Republic effective 15th March 2020. Clare Sheils succeeds the current Managing Director, Richard Curran, who – after a highly successful career spanning 16 years – has decided to leave the business and pursue other interests and career challenges.
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News Prologis appoints new Regional Head for Central Europe
03
Mar
2020

Prologis appoints new Regional Head for Central Europe

by Property Forum
Prologis has appointed Paweł Sapek as Regional Head Central Europe, a role in which he is responsible for maintaining strong team leadership, identifying new opportunities and steering the region towards new paths of development. Sapek is now responsible for overseeing the company's entire CE portfolio across Poland, the Czech Republic, Slovakia and Hungary, with a total area of 4.2 million square meters. In addition, he will run the Polish branch of Prologis and directly supervise operations in Hungary.
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News Garbe Industrial Real Estate expands into CEE
02
Mar
2020

Garbe Industrial Real Estate expands into CEE

by Property Forum
Garbe Industrial Real Estate GmbH, one of the leading specialists for logistics and industrial properties in Germany and other countries in Europe, is expanding its footprint in Central Eastern Europe. Martin Polák, a former managing director at Prologis, will join Garbe as Managing Director CEE and will be in charge of the further expansion in the region.
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News C&W Echinox expects 15% increase in valuation volume
28
Feb
2020

C&W Echinox expects 15% increase in valuation volume

by Property Forum
In 2019, the valuation department of Cushman & Wakefield Echinox evaluated properties with a cumulative value of €4.2 billion, while estimating an increase of 15% of the valuation volume for the upcoming year.
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News Atrium European Real Estate to invest in PRS in Warsaw and Prague
27
Feb
2020

Atrium European Real Estate to invest in PRS in Warsaw and Prague

by Property Forum
Atrium European Real Estate published its financial results for 2019 and announced that the Board and management had been undertaking a strategic review to identify further growth opportunities to deliver strong, long term sustainable income returns to shareholders. The strategic review focused on, amongst other things, leveraging the operating platform in Poland and the Czech Republic and diversification into other classes of real estate, focusing on residential-for-rent
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Latest news


New leases

  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
  • Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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