News - Spanish fund Danube Property plans to exit Romania
17
Jun
2020

Spanish fund Danube Property plans to exit Romania

by Property Forum
Spanish investment fund Danube Property, which acquired four office buildings in Bucharest prior to the 2008 crisis, plans to sell its last asset on the Romanian market, after selling another one during the state of emergency, profit.ro reports.
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News - 55,000 sqm Bucharest office complex changes hands
17
Jun
2020

55,000 sqm Bucharest office complex changes hands

by Property Forum
Real estate investment company Arion Green has acquired the Global City office complex located in Pipera from Global City Business Park. The transaction was closed at the end of April.
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News - Local investor buys shopping centre next to Prague
17
Jun
2020

Local investor buys shopping centre next to Prague

by Property Forum
Hypermarket chain Albert has sold Obchodní centrum Čestlice to HSTN Holding, a private investment platform founded in 2017 by the founders of Sportisimo. The sale was facilitated by Cushman & Wakefield.
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News - Cyprus-based developer to invest up to €100 million in Bulgaria
17
Jun
2020

Cyprus-based developer to invest up to €100 million in Bulgaria

by Property Forum
Cyprus-based real estate developer Everty Group intends to invest up to €100 million in Bulgaria during the next four years. The announcement follows the group's first major investment in Bulgaria, the acquisition of the 40,000 sqm Perform Business Centre in central Sofia back in 2019.
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News - Allianz RE buys Budapest office building in off-market deal
05
Jun
2020

Allianz RE buys Budapest office building in off-market deal

by Property Forum
Allianz Real Estate has purchased the Eiffel Square office building in central Budapest from Hungary’s Green Real Estate Development Investment Fund, managed by Equilor Fund Management, in an off market-deal facilitated by JLL. The transaction was signed in May and closed in early June. Even if several investment transactions were derailed by the Q2 lockdown in Hungary, the transaction progressed in line with the original time frame.
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News - Philippines-based investor buys Katowice office buildings
03
Jun
2020

Philippines-based investor buys Katowice office buildings

by Property Forum
Philippines-based investor ISOC Group has acquired buildings A and B of the Silesia Business Park office complex in Katowice, developed by Skanska, from a fund managed by Scandinavian investor NIAM.  In Poland, the buyer is represented by Augusta Cracovia.
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News - Cavatina completes sale of Kraków asset to Apollo-Rida
03
Jun
2020

Cavatina completes sale of Kraków asset to Apollo-Rida

by Property Forum
Cavatina Holding has completed the sale of buildings A, B and C of the 60,000 sqm Equal Business Park office complex in Kraków. The buyer is a joint venture managed by Apollo-Rida Poland.
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News - Archicom finalises sale of Wrocław office building
02
Jun
2020

Archicom finalises sale of Wrocław office building

by Property Forum
Polish developer Archicom has finalised the sale of the City One, the first building of the City Forum office complex in central Wrocław to an international institutional investor for €33.8 million. The name of the buyer has not been disclosed.
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News - Hungary’s Optima receives green light for GTC acquisition
29
May
2020

Hungary’s Optima receives green light for GTC acquisition

by Property Forum
The competition authorities of Poland, Hungary and Serbia have all granted consent for Optimum Ventures Private Equity Fund’s takeover of a majority shareholding (61.49%) in Globe Trade Centre S.A., a Polish company trading on the Warsaw Stock Exchange and Johannesburg Stock Exchange.
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News - Adventum International acquires Wrocław office building
28
May
2020

Adventum International acquires Wrocław office building

by Property Forum
Adventum International, a Malta-based boutique investment fund manager, has acquired yet another property in Poland. The 17, 000 sqm Centrum Orlat office building at Plac Lwowskich in Wrocław was purchased from seller EFL Service S.A. being part of the financial groups of the European Leasing Fund S. A. With this transaction Adventum’s Quartum Polish office portfolio grew to 63.000 sqm GLA.
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Latest news


New leases

  • 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.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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