News - GTC Poland reports 13% increase in turnover
17
Feb
2025

GTC Poland reports 13% increase in turnover

by Property Forum
GTC has summarized its performance in Poland in 2024. The company achieved satisfactory results in the commercial sector, leasing 93,000 sqm, marking the best performance of the last decade. GTC's shopping centres also reported equally good operational results - tenant-generated turnover increased by 13% year-on-year, while the number of visitors exceeded 13 million.
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News - CPI Europe to sell property portfolio to WOOD & Company
17
Feb
2025

CPI Europe to sell property portfolio to WOOD & Company

by Property Forum
CPI Europe Group (formerly known as Immofinanz) is selling an office and retail complex in the Slovak capital to WOOD & Company, thus taking another step in its strategic portfolio optimisation. The property portfolio comprises two myhive office buildings, a VIVO! shopping centre and a 3,200 sqm plot of land with potential for residential development.
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News - Arcona announces development plans in Ukraine
14
Feb
2025

Arcona announces development plans in Ukraine

by Property Forum
Arcona Property Fund investing in Central and Eastern Europe has acquired a plot of land in the centre of the capital of Ukraine for approximately CZK 50 million (€2 million), Newstream.cz reports.
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News - TSH Investment takes over Park Center Sofia
13
Feb
2025

TSH Investment takes over Park Center Sofia

by Property Forum
TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.
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News - PPF acquires stake in mixed-used development in Florida
11
Feb
2025

PPF acquires stake in mixed-used development in Florida

by Property Forum
PPF Real Estate Holding has diversified its footprint in the US property market with an investment in Gasworx, a mixed-use development in Tampa, Florida. The multi-phase project is designed to connect Tampa’s historical Ybor City with downtown districts and transform a currently underused area.
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News - Arcona Property Fund buys land in central Kyiv
10
Feb
2025

Arcona Property Fund buys land in central Kyiv

by Property Forum
Arcona Property Fund (APF), a Euronext-listed real estate fund focused on CEE, has purchased a land plot in central Kyiv from AIM London-listed Secure Property Investment and Development (SPDI). 
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News - Bratislava City Council to decide on JTRE‘s and Penta‘s plans
07
Feb
2025

Bratislava City Council to decide on JTRE‘s and Penta‘s plans

by Property Forum
On February 20, the City Council in Bratislava is going to vote on important amendments to the city master plan, related to the construction of the Nové Lido by JTRE and Southbank by Penta Real Estate projects, reports DennikE.sk.
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News - YD Capital and Albatris join forces in project near Brno
07
Feb
2025

YD Capital and Albatris join forces in project near Brno

by Property Forum
The investment group YD Capital and the fund of the international investment company Albatris have joined forces within the framework of the Slavkov Cihelna project in Slavkov near Brno. 
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News - Revetas Group sells Park Center Sofia to TSH Investment
07
Feb
2025

Revetas Group sells Park Center Sofia to TSH Investment

by Property Forum
Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum. 
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News - CPIPG sells share in historic palace in Prague
05
Feb
2025

CPIPG sells share in historic palace in Prague

by Property Forum
CPIPG has sold its half share in the historic house U Petržilků in Prague on Malostranské Square to the Spolumajitelé group, Seznamzpravy.cz reports. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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