News - M7 acquires office complex near Budapest
13
Jul
2021

M7 acquires office complex near Budapest

by Property Forum
M7 Real Estate has acquired the Terrapark office complex in Budaörs, Hungary, on behalf of M7 CEREF II. The purchase is in line with the Fund’s strategy of targeting value-add and core plus office, logistics and industrial investments in the key Central European markets of Hungary, Croatia and Poland.
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News - One United Properties debuts on Bucharest Stock Exchange
12
Jul
2021

One United Properties debuts on Bucharest Stock Exchange

by Property Forum
Shares in Romanian One United Properties started trading on Monday on the Bucharest Stock Exchange (BVB). 
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News - Impact Developer & Contractor increases capital by 50%
09
Jul
2021

Impact Developer & Contractor increases capital by 50%

by Property Forum
Romanian Impact Developer & Contractor says it has increased by 50% the share capital, registered in the Central Depository, to 393.75 million lei (€79.8 million) and offered shareholders one free share for every two shares held. 
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News - Evergent Investments buys land in northern Bucharest
09
Jul
2021

Evergent Investments buys land in northern Bucharest

by Property Forum
Evergent Investments, a public alternative investment fund, has purchased a land plot of 16,000 sqm in northern Bucharest, for an undisclosed sum. 
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News - M7 buys warehouse in Poznań
08
Jul
2021

M7 buys warehouse in Poznań

by Property Forum
M7 Real Estate, acting on behalf of M7 CEREF II, acquired a city warehouse in Poznań from a private individual. Avison Young's investment team introduced the property and represented the buyer.
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News - CPIPG and Aroundtown become majority owners of Globalworth
06
Jul
2021

CPIPG and Aroundtown become majority owners of Globalworth

by Property Forum
CPI Property Group and Aroundtown notified Globalworth of a series of transactions in respect of their existing holdings which have resulted in Zakiono, an entity indirectly owned by the consortium holding a total of 51.50% of the shares in the company. Zakiono now itself holds sufficient voting rights to exert statutory control over the company, including in due course the ability to appoint and remove directors from the board.
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News - One United Properties raises €52.8 million in IPO
02
Jul
2021

One United Properties raises €52.8 million in IPO

by Property Forum
Romanian real estate developer One United Properties has raised €52.8 million from its Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB) and reached a capitalization of €580 million. 
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News - Starwood increases price for CA Immo public takeover offer
02
Jul
2021

Starwood increases price for CA Immo public takeover offer

by Property Forum
SOF-11 Klimt CAI S.a.r.l., a controlled subsidiary of Starwood Capital Group, has decided to increase the offer price from €35.00 (dividend-adjusted) to €37.00.
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News - InPost acquires Mondial Relay for €513 million
02
Jul
2021

InPost acquires Mondial Relay for €513 million

by Property Forum
InPost in consultation with Otto Group successfully finalized the acquisition of Mondial Relay, a leading French out-of-home delivery company. The value of the transaction was €513 million. This transaction makes InPost the largest e-commerce delivery platform in Europe.
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News - Dom Development takes over Sento for PLN 35.4 million
02
Jul
2021

Dom Development takes over Sento for PLN 35.4 million

by Property Forum
Dom Development has entered into an agreement with Reno for the purchase of 77% of the shares in Krakow developer Sento for PLN 35.38 million.
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Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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