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News JLL appoints new Country Manager for its Czech business
31
Jan
2017

JLL appoints new Country Manager for its Czech business

by Ákos Budai
JLL has appointed Miroslav Barnas as Country Manager of its Czech Republic business, which is headquartered in Prague, with immediate effect. He will lead the Czech business alongside his existing responsibilities as Country Manager for JLL's business in Slovakia.
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News Panattoni Europe names new Business Development Director
25
Jan
2017

Panattoni Europe names new Business Development Director

by Ákos Budai
Panattoni Europe has expanded its team. The developer’s ranks have been joined by Adam Janus, who has taken the position of Business Development Director. He will be responsible for attracting new warehouse projects and aligning the developer’s services with the needs of clients and prospects.
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News New appointments at TriGranit
18
Jan
2017

New appointments at TriGranit

by Ákos Budai
TriGranit announced the appointment of Tamás Páldi, M.D. as Human Resources Director and Mr. Mariusz Domeracki as Finance Director for Poland. 
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News Raiffeisen Evolution renamed Strabag Real Estate
16
Jan
2017

Raiffeisen Evolution renamed Strabag Real Estate

by Ákos Budai
Vienna-based developer Raiffeisen Evolution Project Development has been renamed Strabag Real Estate (SRE), the management announced. 
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News Heitman names new Director of European Acquisitions
12
Jan
2017

Heitman names new Director of European Acquisitions

by Ákos Budai
Heitman LLC, a global real estate investment management firm, has announced the appointment of Kurt Jovy as Senior Vice President, Director of European Acquisitions. Mr. Jovy, who will be based in Munich, will report directly to Gordon Black, Senior Managing Director of Heitman’s European Private Real Estate Equity group.
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News Immofinanz delays merger with CA Immo
19
Dec
2016

Immofinanz delays merger with CA Immo

by Ákos Budai
Immofinanz AG has announced a change in the preliminary timetable for the intended merger with CA Immobilien Anlagen AG. The reason is the planned divestment of Immofinanz’s Russian property portfolio, which is a condition for the merger of the two companies. The Executive Board and Supervisory Board of Immofinanz today decided to schedule a longer period than originally considered for the process to separate the Russian properties. The recent stabilisation of the economy in Russia has contributed to this decision. 
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News NEPI and Rockcastle announce merger
15
Dec
2016

NEPI and Rockcastle announce merger

by Ákos Budai
NEPI and Rockcastle have announced that the two companies will effectively be merged in a new entity, NEPI Rockcastle, to be implemented with reference to an effective share swap ratio of 4.5 existing Rockcastle shares for every 1 existing NEPI share. Alexandru Morar and Spiro Noussis, the current chief executive officers of NEPI and Rockcastle, respectively, will be appointed joint chief executive officers of NEPI Rockcastle, with Dan Pascariu appointed as independent non-executive chairman. The merged entity is expected to become the largest listed real estate player in CEE.
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News EY establishes CEE Real Estate & Hospitality Advisory Services
12
Dec
2016

EY establishes CEE Real Estate & Hospitality Advisory Services

by Ákos Budai
EY has established a dedicated Real Estate & Hospitality Advisory team based in Prague covering the Czech Republic and the Central Eastern European region. The team will focus on the areas of Corporate Strategic Advisory, Capital Markets, Valuations, Commercial Due Diligence as well as Capital Raising combining traditional property services with business, financial and legal advisory.
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News HB Reavis appoints new Head of Investment Management
07
Dec
2016

HB Reavis appoints new Head of Investment Management

by Ákos Budai
HB Reavis has appointed George Leslie as its new Head of Investment Management. In this new role, Leslie will lead and grow HB Reavis’ Investment Management business and support the company’s international expansion plans. 
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News CBRE Poland launches hotel investment department
05
Dec
2016

CBRE Poland launches hotel investment department

by Ákos Budai
CBRE is the first consultancy in Poland to expand its Hotel Investment Department, thus increasing the number of commercial property market sectors serviced. CBRE has for many years now been operating on the hotel market, where the CBRE Hotels business line has been extremely active in Western Europe. Expanding the business in Poland to include this particular sector constitutes a strategic business decision stemming from the growing interest from investors and hotel chain operators.
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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.

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