News - Carpinus Holding buys into Immofinanz
02
Mar
2020

Carpinus Holding buys into Immofinanz

by Property Forum
Carpinus Holding GmbH has acquired a total of 12,000,000 shares in Immofinanz, corresponding to a shareholding of approximately 10.71%. The indirect shareholders of Carpinus Holding GmbH are Peter Korbacka and RPR Privatstiftung (Ronny Pecik).
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News - Echo Investment buys Tesco properties in Poland
28
Feb
2020

Echo Investment buys Tesco properties in Poland

by Property Forum
Echo Investment has secured three standing and working first-generation shopping centres belonging to the Tesco Group. Altogether, around 240,000 sqm mixed-use area consisting of office, retail and residential space can be developed on plots located in Poznań, Łódź and Kraków.
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News - Reino & RF CorVal to buy BUMA’s portfolio in Poland
27
Feb
2020

Reino & RF CorVal to buy BUMA’s portfolio in Poland

by Property Forum
Reino Capital, a Luxembourg-based fund and Australia's RF CorVal signed a preliminary agreement to buy BUMA Group’s real estate portfolio as part of a larger deal. The portfolio consists of 10 office properties with over 110,000 sqm GLA plus a land bank with capacity for office projects totalling more than 80,000 sqm GLA and residential projects with over 100,000 sqm of usable area.
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News - Knight Frank to sell Speedwell’s Cluj Napoca complex
27
Feb
2020

Knight Frank to sell Speedwell’s Cluj Napoca complex

by Property Forum
Speedwell has mandated Knight Frank to sell the office buildings and sports centre of Record Park, a mixed-use project (office, sports centre & residential) situated in central Cluj-Napoca (next to Dedeman’s The Office). The sales mandate includes three separate buildings: two office buildings - a new Class A office building next to a renovated historic building of the former imperial stables - and a new stand-alone sports centre with a pool.
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News - Forte Partners buys Bucharest land plot
24
Feb
2020

Forte Partners buys Bucharest land plot

by Property Forum
Romanian developer Forte Partners has acquired a 9,300 sqm land plot of on Expozitiei Boulevard in Northern Bucharest, Ziarul Financiar reported.
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News - Cordia aims to buy remaining stake in Polnord
20
Feb
2020

Cordia aims to buy remaining stake in Polnord

by Property Forum
Cordia International announced a public tender offer on 14 February 2020 to buy the remaining approximately 34.34% of the shares in Polnord S.A., which is not owned by Cordia International currently.
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News - Ares and Griffin buy majority stake in Polish developer
17
Feb
2020

Ares and Griffin buy majority stake in Polish developer

by Property Forum
A joint venture between a fund managed by the Real Estate Group of Ares Management Corporation and Griffin Real Estate announced the acquisition of a 98.04% stake in Murapol SA, a leading Polish property development company. The value of the deal was not disclosed.
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News - Portico sells multifunctional complex in Oradea
13
Feb
2020

Portico sells multifunctional complex in Oradea

by Property Forum
Local capital group Lotus Center, the largest owner of shopping centres in Oradea, acquired the multifunctional complex Oradea Plaza from Portico Investments, in a transaction advised by Colliers International.
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News - Cordia finalises purchase of a majority stake in Polnord
12
Feb
2020

Cordia finalises purchase of a majority stake in Polnord

by Property Forum
Cordia has successfully acquired 63.7 million shares of Polnord, one of the largest development companies in Poland. Transaction worth €31.7 million provided the Hungarian founded developer with a control stock of shares exceeding 65% in the increased capital.
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News - Česká pošta sells former monastery in Prague
11
Feb
2020

Česká pošta sells former monastery in Prague

by Property Forum
Česká pošta has sold the former St. Gabriel Monastery, located in Prague's Smichov district, to the CIMEX group for €14 million (CZK 353 million).
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Latest news


New leases

  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.
  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.

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