19
Apr
2021
Apr
2021
Who will developers build for in Poland?
Today, global investment capital, looking for safe options on the real estate markets, focuses on housing. Poland is the target of the largest global companies investing in the PRS sector, says advisory company Walter Herz.
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19
Apr
2021
Apr
2021
Portico Investments sells six buildings in Romania
Real estate group Portico Investments has sold six buildings from its Romanian portfolio to Praktiker Real Estate and Lidl Romania, in two deals totaling over €8.5 million.
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19
Apr
2021
Apr
2021
Element Group buys land for logistics project near Pitești
Real estate developer Element Group has announced the acquisition of a new land plot of 2.7 hectares, close to A1 highway, at the entrance of Pitești city, in southern Romania.
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19
Apr
2021
Apr
2021
M7 buys urban logistics schemes from 7R in Silesia
M7 Real Estate, on behalf of its M7 CEREF II Fund, acquired two urban logistics schemes from 7R. Avison Young represented the seller as the exclusive agent throughout the transaction.
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16
Apr
2021
Apr
2021
Continental buys Kromberg plant in Timișoara
Kromberg & Schubert, the German producer of cables and electrical systems for the car industry, has sold its plant in Timișoara to Continental Group, according to market sources quoted by ZF.ro. The transaction will allow the company to replace its manufacturing operations in the city with research and development activities.
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14
Apr
2021
Apr
2021
MLP Group secures €73.4 million loan from BNP and PKO
Subsidiaries of Polish industrial developer MLP Group have secured a €73.4 million loan for financing its portfolio from a consortium of BNP Paribas Bank Polska and PKO Bank Polski.
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14
Apr
2021
Apr
2021
CPI and Aroundtown announce offer for more Globalworth shares
CPI Property Group formed a joint venture with Aroundtown SA and announced a cash offer for the entire issued share capital of Globalworth that the JV did not already hold. The two companies currently own more than 50% of Globalworth’s issued share capital.
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13
Apr
2021
Apr
2021
RMB Holding withdraws loan for Iulius-backed project
The delays in the approval of a mixed-use development in Bucharest forced RMB Holding to withdraw a loan of €50 million it had committed to Iulius and Atterbury Europe.
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12
Apr
2021
Apr
2021
AFI Europe acquires Prague office complex
AFI Europe has signed an agreement for the purchase of Avenir Business Park in Prague 5 owned by Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Among its tenants are companies such as CSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast.
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12
Apr
2021
Apr
2021
Developer Ionuț Negoiță buys 10 ha land in Bucharest
Real estate developer Ionuț Negoiță acquired a land plot of 10 hectares in eastern Bucharest from industrial company Tubinox. The real estate investor says that this part of the city holds significant potential for the real estate industry.
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Latest news
- iwis reaches 11,000 sqm in CTPark Oradea City
- EQT secures €214 million loan from pbb for logistics portfolio
- CPI Europe sells historic Prague building
- Yareal starts final phase of Soho mixed-use scheme in Warsaw
- Sekyra Group starts new resi phase of mixed-use scheme in Prague
- Ljubljana outpaces SEE peers in office absorption growth for Q1 2026
- Poland spearheads urban regeneration projects in region, says ULI report
- One United Properties plans mixed-use scheme in Iași
- BPI Real Estate Poland and Speedwell start large-scale resi project in Gdańsk
- Intrade Group to kick off new resi development in Bratislava this year
New leases
- 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.
- Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.
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.
