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News Revetas sells Prauge office building to local fund
31
Jan
2019

Revetas sells Prauge office building to local fund

by Property Forum
Conseq Group’s Conseq Realitní investment fund has bought the A7 Office Center in Prague from Revetas. The purchase price has not been disclosed. The 16,000 sqm building is located in the Czech capital’s Holešovice district. The list of tenants includes Czech News Center, Ahold Czech Republic, DM Drugerie and Megapixel.
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News Mitiska REIM buys into large Polish retail portfolio
31
Jan
2019

Mitiska REIM buys into large Polish retail portfolio

by Property Forum
Mitiska REIM, a specialist investor in European retail parks, announced a major new strategic partnership with Karuzela Holding. Under the terms of the agreement, Mitiska REIM and Karuzela will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in 2 retail parks and 2 gallerias owned by Karuzela, with a total gross leasable area (GLA) of 35,600 sqm, and both parties will co-develop 4 additional projects with a total GLA of approximately 60,000 sqm.
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News Zeus buys Warsaw office building from Hines
31
Jan
2019

Zeus buys Warsaw office building from Hines

by Property Forum
Hines and Zeus Capital Management announced the completion of the sale and purchase of the Graffit building in Warsaw. The property owned by Hines Russia & Poland Fund (HRPF) was sold to TAN Poland Sp. z o.o., a company managed by Zeus Capital Management. This is Zeus’ first investment in Poland and it is part of its commercial real estate platform dedicated to Central and South East Europe.
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News Cromwell Property Group sells Brno industrial park
31
Jan
2019

Cromwell Property Group sells Brno industrial park

by Property Forum
Cromwell Property Group has completed the sale of the Pohořelice Industrial Park to an undisclosed buyer for an undisclosed sum. The 44,444 sqm complex, which is situated about 27 km south of Brno, comprises a logistics building, a fully-refurbished cross-dock building and a workshop together with an assembly unit. The asset formed part of the Cromwell European Industrial Fund (CEIF) portfolio.
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News Catalyst acquires Warsaw retail park
21
Jan
2019

Catalyst acquires Warsaw retail park

by Property Forum
Catalyst Capital, a European real estate investment and fund management firm, has completed the acquisition of €194 million of high-quality retail assets in Sweden, Germany, Poland and an office development in Paris for its new Catalyst Core Plus European Property Fund (CCPEPF), a €1 billion “evergreen” real estate fund. Catalyst has acquired Galleria Center Syd in Malmo from Baring Real Estate, the Rathaus Center Dietzenbach near Frankfurt from Hahn Group, the Zielony Targówek retail park in Warsaw from Credit Suisse Asset Management and agreed to forward fund an office development by VINCI Immobilier in Saint-Denis, Paris.
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News Bluehouse buys Prague shopping centre
21
Jan
2019

Bluehouse buys Prague shopping centre

by Property Forum
Bluehouse completed the acquisition of Novodvorska Plaza shopping centre in Prague. CBRE represented the buyer in the off-market acquisition of the 25,000 sqm shopping centre.
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News EIB supports brownfield revitalisation in Warsaw
17
Jan
2019

EIB supports brownfield revitalisation in Warsaw

by Property Forum
The European Investment Bank (EIB) has signed a €60 million loan agreement with ArtN Sp. z o.o., a subsidiary of Capital Park S.A., for a flagship project to revitalise the former Norblin factory site in central Warsaw. This is the first EIB transaction in Poland with a real estate investor under a project financing scheme.
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News Hungary’s Futureal Group sells German apartment portfolio
17
Jan
2019

Hungary’s Futureal Group sells German apartment portfolio

by Property Forum
CEE real estate developer Futureal Group announced the sale of its rental buildings portfolio in Kaiserslautern, Germany to a professional real estate investment firm listed in Switzerland. Proceeds from the deal will be reinvested in the Group’s portfolio of over 50 ongoing projects throughout Europe.
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News OTP rumoured to buy €250 million Ljubljana real estate project
10
Jan
2019

OTP rumoured to buy €250 million Ljubljana real estate project

by Property Forum
Hungarian bank OTP reportedly plans to purchase the largest real estate project from Gránit Pólus in the Slovenian capital through the acquisition of project development companies, according to local media. The Emonika project, valued at €250 million, would see the construction of 196,000 sqm of office, retail, residential and hotel space.
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News Korean investor buys KPMG HQ building in Prague
10
Jan
2019

Korean investor buys KPMG HQ building in Prague

by Property Forum
ZFP Investments has sold the Florenc Office Center, commonly known as the KPMG HQ building, in Prague, to Shinhan Investment Corp, a Korean based investment manager. CBRE represented the vendor in the sale of the asset. The transaction constitutes the first direct real estate investment in the Czech Republic by a Korean investor.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.
  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.

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