C&W signs two property management deals in Poland

13
May
2016
News - C&W signs two property management deals in Poland #Cushman&Wakefield #Poland #property management #retail

by Ákos Budai | Retail

Cushman & Wakefield announced that now it is the property manager of Union Investment’s two retail properties in Poland: Sarni Stok and Ferio Konin shopping centres.


Cushman & Wakefield has been the property manager of Sarni Stok in Bielsko-Biała (southern Poland) since 2006. Union Investment decided to retain Cushman & Wakefield’s services after acquiring the property in 2015. Sarni Stok offers over 30,000 sq m of retail space with tenants including Carrefour, Media Markt, TK Maxx, H&M, New Yorker, JULA, Reserved, Empik, Smyk and Rossmann.
 
In April 2016 Union Investment became the new owner of Ferio Konin, the dominant shopping centre in the region attracting a catchment of over 300,000 in and around the city of Konin (central Poland). It is fully leased, with an international tenant mix anchored by fashion, supermarket, DIY, electronics and sports operators on ca. 40,000 sq m. After the acquisition of Ferio Konin by Union Investment, the new owner signed an asset services agreement with Cushman & Wakefield, the previous property manager of the centre.



New leases

  • 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.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

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.

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