01
Nov
2021
Nov
2021
Novum Business Invest purchases land in Bucharest for apartments
Property developer Novum Business Invest has purchased a new land plot of 15,100 near Carol Park in Bucharest for a new residential project with over 500 units.
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29
Oct
2021
Oct
2021
NREP to fully decarbonise real estate portfolio by 2028
The 2028 pledge, launched ahead of COP26, is a potential game changer for the industry as the accelerated action plan aims at net zero without offsets several years ahead of IPCC’s target date. Nordic real estate investor, NREP, has committed to being carbon neutral by 2028 without offsets, encompassing both operational and embodied carbon.
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29
Oct
2021
Oct
2021
Contera acquires Bratislava office park
Contera has become the new owner of Vlčie hrdlo Business Park in Bratislava, located on a former brownfield area and offering 33,420 square meters of warehouse and office space, the company announced on LinkedIn. Contera purchased the asset, situated close to R7 highway, from investment group Natland.
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28
Oct
2021
Oct
2021
Walter Herz: Investment land is the hottest commodity on the market
This year’s value of transactions on the investment land market in Poland is already record-breaking.
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28
Oct
2021
Oct
2021
MLP Group to issue bonds worth €20 million
MLP Group is set to carry out another bond issue worth €20 million. The debt securities will be issued on November 17th 2021 and repurchased on May 17th 2024.
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28
Oct
2021
Oct
2021
Adventum acquires Mercedes Benz HQ in Warsaw
Adventum Investment Fund Management, the CEE-focused real estate investment manager, has completed the second close of its latest fund, Penta in October 2021. The second acquisition of the Fund is the Mercedes Benz Headquarters in Warsaw which was developed in 2004 by the Daimler Group.
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27
Oct
2021
Oct
2021
Indotek Group to buy office building in Bucharest
Hungarian Indotek Group is in advanced negotiations to purchase the office building One Victoriei Center in Bucharest.
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27
Oct
2021
Oct
2021
Hines Global Income Trust acquires Eastgate Park in Prague
Hines Global Income Trust has acquired Eastgate Park. This property is the 17th industrial asset in the Hines Global portfolio and is 99% leased.
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27
Oct
2021
Oct
2021
BNP: Polish investment market is on a good track
In Q3, the commercial real estate investment market revived and was accompanied by a much greater optimism than during the previous periods of 2021. Logistics and industrial space are still the leaders among the sectors. An important event was again the change of ownership of the Warsaw Metropolitan office building, the value of which exceeded PLN 1 billion
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27
Oct
2021
Oct
2021
11,000 sqm plot for resi development changes hands in Budapest
Bayer Property has bought an 11,000 sqm plot for residential development in Budapest’s District 10 from the GEOS Group.
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Latest news
- €20 million Bucharest resi project enters advanced construction stage
- Danubius brings Radisson Individuals brand to Hungary
- GTC reshuffles Polish leadership under new sector-based structure
- MLP Group taps bond market for another €100 million in green notes
- Eastnine doubles down on Warsaw with €300 million deal
- Speedwell breaks ground on new SME warehouse near Bucharest
- Hungary's Faedra Group makes its Polish debut in Warsaw
- Scope upgrades WING's outlook after 53% revenue surge
- What does the global real estate industry really think about Ukraine?
- Bucharest housing bounces back
New leases
- 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.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
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.
