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News CPI Property Group buys 10,000 sqm Warsaw office building
26
Mar
2020

CPI Property Group buys 10,000 sqm Warsaw office building

by Property Forum
CPI Property Group announced the purchase of Moniuszki 1A office building in Warsaw. The property was acquired from Catalyst Capital. JLL Poland and Dentons assisted the buy in the transaction.
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News IIB acquires historic building in Budapest
25
Mar
2020

IIB acquires historic building in Budapest

by Property Forum
International Investment Bank (IIB) and DOB-68 Zrt. in full accordance with the requirements of the Hungarian legislation signed the documentation on the acquisition of the historic Lánchíd Palota building in Budapest. The building will house IIB’s international headquarters.
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News CTP acquires 57,000 sqm logistics park in Bucharest
25
Mar
2020

CTP acquires 57,000 sqm logistics park in Bucharest

by Property Forum
CTP further expanded its portfolio in Romania and in the vicinity of Bucharest where it owns three properties: CTPark Bucharest West, CTPark Bucharest and CTPark Bucharest Chitila. The most recent 57,000 sqm purchase, Equest Logistic Park, is located near the capital, on the A1, at km 13. It was acquired for approximately €30 million from Forum Serdika, in the beginning of March 2020.
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News Swiss Pillar Investments Europe to buy warehouses in Poland
24
Mar
2020

Swiss Pillar Investments Europe to buy warehouses in Poland

by Property Forum
Swiss Pillar Investments Europe SARL, part of the Swiss Reinsurance Company, has applied to the Polish competition authorities to acquire five warehouse facilities from AEW in Poland.
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News Wing buys more shares in Echo Investment
24
Mar
2020

Wing buys more shares in Echo Investment

by Property Forum
With the acquisition of another 10.4 percent stake, Wing's stake in Echo Investment has increased to 66 percent, the Hungarian investor-developer announced.
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News Skanska sells Warsaw office building for €98 million
23
Mar
2020

Skanska sells Warsaw office building for €98 million

by Property Forum
Skanska has sold the Generation Park Z office building in Warsaw to Deka Immobilien for €98 million. This is the buyer’s fourth acquisition with Skanska in Central and Eastern Europe.
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News South Africa's Tower Property Fund sells Zagreb retail asset
18
Mar
2020

South Africa's Tower Property Fund sells Zagreb retail asset

by Property Forum
South African investor Tower has entered into an agreement to sell the Vukovarska retail property in Zagreb, Croatia at an 11% premium to its book value.
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News Goodman to sell entire CEE portfolio to GLP
13
Mar
2020

Goodman to sell entire CEE portfolio to GLP

by Property Forum
In line with Goodman's strategy to focus its portfolio on gateway cities and major urban consumer markets in Continental Europe, the Goodman European Partnership and Goodman Group have signed an agreement for the sale of assets in Central and Eastern Europe for approximately €1 billion to global investment manager GLP. The transaction, which is subject to regulatory approval, includes properties located in Poland, Hungary, Czech Republic and Slovakia.
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News Centerscape acquires retail property in Warsaw
12
Mar
2020

Centerscape acquires retail property in Warsaw

by Property Forum
In Q1 2020, the Centerscape group has purchased a retail property located in Gocław, Warsaw with an Aldi market as the anchor tenant on a rental area of 3,888 sqm.
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News Benson Elliot acquires Warsaw office campus
12
Mar
2020

Benson Elliot acquires Warsaw office campus

by Property Forum
Benson Elliot, a UK-based private equity real estate fund manager, acting on behalf of its pan-European fund, Benson Elliot Real Estate Partners V L.P. has acquired Marynarska Business Park (MBP), an office complex in Warsaw, from a fund managed by Heitman Real Estate. The price paid was c. €65 million.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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