News - CPI Property Group acquires another Warsaw office building
30
Jan
2020

CPI Property Group acquires another Warsaw office building

by Property Forum
CPI Property Group announced the acquisition of the Green Corner A office building in Warsaw.  The property was acquired from DWS Group, one of the world's largest asset managers and a significant investor in commercial real estate in the CEE region.
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News - Panattoni sells Wrocław property to Segro
30
Jan
2020

Panattoni sells Wrocław property to Segro

by Property Forum
Segro plc, in its role as venture advisor to the Segro European Logistics Partnership (SELP), has acquired Panattoni City Logistics Wrocław I - two buildings with a total area of 38,000 sqm. Advisors from JLL represented Segro within the transaction.
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News - Focus Estate Fund receives refinancing for Polish portfolio
30
Jan
2020

Focus Estate Fund receives refinancing for Polish portfolio

by Property Forum
Focus Estate Fund has received refinancing from BNP Paribas Bank Polska for its Polish portfolio of retail assets, shopping centres Galeria Sandomierz (Sandomierz) and Galeria Awangarda (Bartoszyce) with a total area of more than 10,000 square meters.
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News - CPI Property Group buys into Globalworth
27
Jan
2020

CPI Property Group buys into Globalworth

by Property Forum
Following an acquisition, CPI Property Group crossed the 6% shareholding threshold in Globalworth Real Estate Investments Limited.  As of 23 January 2020, CPI Property Group holds 13,391,959 shares of Globalworth, representing 6.035% of Globalworth's voting rights.
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News - South African investor buys two OBI stores in Poland
27
Jan
2020

South African investor buys two OBI stores in Poland

by Property Forum
Chariot Group B.V. sold two stores leased by OBI, located in Gdańsk and Łódź, to Marr Holdings, headquartered in South Africa.
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News - CPI issues GBP-denominated green bond
27
Jan
2020

CPI issues GBP-denominated green bond

by Property Forum
CPI Property Group announced the completion of two issuances under the Group’s €5 billion Medium-Term Note Programme.
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News - CBRE GI buys Wrocław office building
27
Jan
2020

CBRE GI buys Wrocław office building

by Property Forum
The Spanish Azora Europa I Fund has closed the disposal of Aquarius Business House office complex in Wrocław, which has been acquired by the international fund CBRE Global Investors. Avison Young’s investment team represented the buyer.
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News - Investors buy 35 apartments for rent in Bucharest
27
Jan
2020

Investors buy 35 apartments for rent in Bucharest

by Property Forum
A group of investors have acquired 35 one-bedroom apartments in the Central District 4 Elements residential project, developed by Forty Management in the capital’s Titan area, for €3.4 million (excluding VAT). The investors will lease the apartments.
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News - MNB fund sells stake in Budapest development project
23
Jan
2020

MNB fund sells stake in Budapest development project

by Property Forum
Optima Investment Ltd., which manages the assets of the Central Bank of Hungary’s Pallas Athené Foundation, has sold the majority stake of its Budapest development project, located on the Váci Road office corridor, to internationally-based Chi Fu Investment Group.
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News - Infogroup buys 40,000 sqm industrial park in Kecskemét
23
Jan
2020

Infogroup buys 40,000 sqm industrial park in Kecskemét

by Property Forum
Hungarian developer Infogroup has acquired the 33 ha Heliport Industrial Park in Kecskemét. The property offers nearly 40,000 square meters of industrial and logistics space, making this the largest acquisition in the company’s history. The transaction was made with the co-investment of the Kecskemét Development Fund.
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

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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