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News One United Properties buys Bucharest office building
19
Oct
2017

One United Properties buys Bucharest office building

by Import Sys
One United Properties, a Romanian residential developer has entered the Bucharest office investment market by purchasing the North Gate office building in Pipera. The property was bought at a public auction for €16.8 million. The developer of the complex, Creativ Invest Grup, filed for insolvency earlier.
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News CPI moves forward with Brno revitalisation project
19
Oct
2017

CPI moves forward with Brno revitalisation project

by Import Sys
In 2016, the premises of the former Brno arms factory was taken over by CPI Property Group, which presented the development project Nová Zbrojovka. A new modern neighbourhood is steadily emerging from the brownfield in the wider centre of Brno. At present, the issue of transport infrastructure, the revitalisation of the surrounding area and the clearing of individual spaces is being addressed.
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News New investor enters the Czech market
19
Oct
2017

New investor enters the Czech market

by Import Sys
ICP Capital Partners has entered the Czech investment market with the acquisition of Na Rybníčku office building from an Irish private investor. The purchase price is believed to be approximately €5 million (CZK 130 million).
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News Former Coca-Cola HBC complex sold in Slovakia
19
Oct
2017

Former Coca-Cola HBC complex sold in Slovakia

by Import Sys
At the beginning of summer 2016, a production and distribution complex owned by one of the largest non-alcoholic beverage producers Coca-Cola HBC Czech and Slovak Republics, was added to the Slovak industrial market. The complex, which offers approximately 30,000 sqm of leasable area with ca. 35,000 sqm of adjacent land for further development was exclusively marketed by the Industrial Agency team in JLL Slovakia. From October 2017 the new owner is Priemyselný areál Lúka s.r.o. The value of the transaction remains confidential.
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News Corpus Sireo acquires Prague office building
17
Oct
2017

Corpus Sireo acquires Prague office building

by Import Sys
Corpus Sireo Real Estate has acquired the Oasis Florenc office property in Prague from an international investor. The purchased asset is located near the Vltava river and will now be included in the pan-European DEREIF SICAV-FIS fund. The parties agreed not to disclose the purchase price.
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News Focus Estate Fund acquires Most Retail Park
17
Oct
2017

Focus Estate Fund acquires Most Retail Park

by Import Sys
Focus Estate Fund investment fund acquired Most Retail Park located in Most, Czech Republic, comprising 6,471 sqm of retail space. This is Focus Estate's third investment in European commercial real estate. The investment fund previously bought Ostrava Retail Park (Ostrava, Czech Republic) and Galeria Sandomierz (Sandomierz, Poland).
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News EPP to acquire Polish retail portfolio for €692 million
16
Oct
2017

EPP to acquire Polish retail portfolio for €692 million

by Import Sys
Echo Polska Properties has reached an agreement to acquire a portfolio of retail properties for €692.1 million. The portfolio comprises twelve retail properties of which eight comprise shopping centres and four retail parks with over 620 stores situated in strong regional cities across Poland. The portfolio has an aggregate gross lettable area around 450,000 sqm. The seller is the Chariot Top Group, owned by Pimco (37.5%), Oaktree Capital Management (37.5%) and Redefine Properties (25%).
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News NEPI Rockcastle to acquire two shopping malls in Krakow
16
Oct
2017

NEPI Rockcastle to acquire two shopping malls in Krakow

by Import Sys
A subsidiary of NEPI Rockcastle has entered into an agreement to acquire two shopping centres in Poland for an aggregate sum of €249.4 million. Shopping centres Serenada (41,170 sqm) and Krokus 27,728 sqm) are to be extended for a further €212 million thus creating a single integrated shopping centre with a GLA of over 100,000 sqm.
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News Triuva acquires Wroclaw office building for €48.5 million
13
Oct
2017

Triuva acquires Wroclaw office building for €48.5 million

by Import Sys
Triuva Kapitalverwaltungsgesellschaft (Triuva) has acquired the Green Day office building in Wroclaw, Poland from a Luxembourg fund advised jointly by GLL Real Estate Partners GmbH (GLL) and Investec Bank PLC. The purchase price is believed to be in the region of €48.5 million.
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News Master Management Group buys Polish retail portfolio
12
Oct
2017

Master Management Group buys Polish retail portfolio

by Import Sys
HBK, asset manager of Direkt Invest Polen fund, finalised the sales transaction of a retail portfolio, comprising seven existing properties as well as development lands for new projects. Master Management Group became new owner of the portfolio. The total value of the transaction is approximately €60 million.
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Latest news


New leases

  • C&A is opening of the largest single-level C&A shop in Poland. The outlet will launch in the Blue City shopping centre in Warsaw. The new shop occupies an area of approximately 2,500 sqm.
  • The Smart Outlet Center in Białystok (eastern Poland) has added new shops - Tedi and Esotiq, which occupy a total of around 900 sqm.
  • Chefs Culinar, a distributor of products for the HoReCa sector, has become the first tenant at MLP Business Park Łódź. The company has leased over 1,600 sqm of warehouse and office space. The transaction was brokered for the tenant by Renthis Estate.

New appointments

  • Modivo, which is part of the CCC Group, is changing the composition of its board of directors. Marcin Czyczerski was dismissed from the position of president, and his place was taken by Dariusz Miłek. The decision is aimed at improving cooperation between the companies.
  • Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
  • Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.

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