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News 3M GSC Poland takes 12,300 sqm in MidPoint 71 in Wrocław
18
May
2021

3M GSC Poland takes 12,300 sqm in MidPoint 71 in Wrocław

by Property Forum
MidPoint71, an office building developed by Echo Investment in Wrocław, will become the new head office of the Business Service Centre of 3M. The tenant will move into the new location in the first quarter of 2022.
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News Vox Property Group gets €19.5 million for Romanian projects
18
May
2021

Vox Property Group gets €19.5 million for Romanian projects

by Property Forum
Romania’s Vox Property Group says it secured €19.5 million in funding from CEC Bank that will be used to refinance other loans and to support ongoing projects in the country. 
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News Adgar Poland buys PDT Wola in Warsaw
14
May
2021

Adgar Poland buys PDT Wola in Warsaw

by Property Forum
At the end of April 2021 Adgar Poland bought the building of PDT Wola. With an area of almost 10 thousand square meters, the structure is located in the middle of the historical Wola and for years has been one of the most important points on the architectural map of the district. Part of the building will be destined for the Brain Embassy – providing coworking space, offices, private spaces for companies, and conference and training rooms.
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News EBRD invests €24.7 million in MAS’s real estate green bond
13
May
2021

EBRD invests €24.7 million in MAS’s real estate green bond

by Property Forum
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
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News NIPÜF sells development plot near Budapest
13
May
2021

NIPÜF sells development plot near Budapest

by Property Forum
Hungarian state-owned NIPÜF Group has completed another sales transaction with the sale of a nearly 3 ha plot in the Inpark Martonvásár industrial park, located southwest of Budapest. A Hungarian chemical company will build a 4,000 sqm production hall on the property by 2022.
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News Impact Developer & Contractor gets €13.3 million loan
13
May
2021

Impact Developer & Contractor gets €13.3 million loan

by Property Forum
Romanian Impact Developer & Contractor said it has secured two bank loans worth more than €13 million from Libra Bank to start new investments in the Greenfield residential project, located in northern Bucharest. 
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News LCP Properties buys retail park in Rawa Mazowiecka
12
May
2021

LCP Properties buys retail park in Rawa Mazowiecka

by Property Forum
LCP has signed a purchase contract for a retail park in Rawa Mazowiecka, located between Warsaw and Łódź. It offers over 2,700 sqm of GLA and 45 parking spaces. The size of the entire plot is over 5,200 sqm. Among the tenants are Kik, Dealz, Martes Sport and CCC.
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News UiPath founder seeks to buy stake in One United Properties
12
May
2021

UiPath founder seeks to buy stake in One United Properties

by Property Forum
Romanian billionaire Daniel Dines, the founder of NYSE-listed automation software manufacturer UiPath, is reportedly looking to buy a minority stake in local real estate developer One United Properties before the company's planned IPO on the Bucharest Stock Exchange next month.
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News Polish Logistics LLP acquires Logistic City in Piotrków
11
May
2021

Polish Logistics LLP acquires Logistic City in Piotrków

by Property Forum
Polish Logistics LLP, a new investment vehicle established by IO Asset Management, the specialist manager of industrial real estate, and REINO Capital, a real estate holding company listed on the Warsaw Stock Exchange, with the backing of Grosvenor Group, one of the largest privately-owned international property companies, has completed its first investment – the Logistic City prime logistics park in Piotrków Trybunalski. 
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News Romanian 4-month property investments at €140 million
11
May
2021

Romanian 4-month property investments at €140 million

by Property Forum
The volume of investments in Romania’s property sector exceeded €140 million in the first four months of 2021 due to a positive market sentiment, according to a report by real estate consultancy Crosspoint Real Estate. 
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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