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

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.

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