News - MAS Real Estate to buy €113 million portfolio in Romania
08
Mar
2019

MAS Real Estate to buy €113 million portfolio in Romania

by Property Forum
MAS Real Estate has entered into an agreement with PKM Developments, a joint venture with its peer Prime Kapital, to buy a property portfolio consisting of nine shopping value centres in Romania for €112.97 million. The centres are being held by PKM Developments through three subsidiaries - PK Black, PK Indigo and PK Red.
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News - Panattoni and Marvipol sell Kraków warehouse
08
Mar
2019

Panattoni and Marvipol sell Kraków warehouse

by Property Forum
Aberdeen Standard European Logistics Income PLC has acquired a logistics warehouse in Kraków from global real estate developers Panattoni Development Co and Marvipol SA.
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News - AEW acquires mixed-use assets in central Budapest
28
Feb
2019

AEW acquires mixed-use assets in central Budapest

by Property Forum
AEW has acquired two historic, mixed-use properties on Andrássy Avenue in Budapest, on behalf of a German separate account.
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News - Prologis acquires site for new park near Prague
28
Feb
2019

Prologis acquires site for new park near Prague

by Property Forum
Prologis announced the acquisition of 2.4 hectares in the highly sought-after Prague logistics market. The site is next to the D1 highway, the Czech Republic’s main arterial route.
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News - Scandinavian fund buys Prague hotel
28
Feb
2019

Scandinavian fund buys Prague hotel

by Property Forum
Cushman & Wakefield in collaboration with Hodges Ward & Elliott represented Mornington Capital, an international hotel investment fund manager in the sale of Prague’s iconic Don Giovanni Hotel in Prague. The deal was signed on 20 February with the transaction price undisclosed. The new owner is a leading family-owned fund from Scandinavia. Czech-based Czech Inn Hotels remains the hotel’s operator.
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News - Tesco sells Prague department store
21
Feb
2019

Tesco sells Prague department store

by Property Forum
Tesco has sold its department store in central Prague to Amadeus Real. Formerly named Máj, it is currently known as My. The new owner is planning a general reconstruction of the building which is planned to start in H2 2020 and last two years, local media reports.
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News - HB Reavis enters Germany, plans to sell most Czech assets
14
Feb
2019

HB Reavis enters Germany, plans to sell most Czech assets

by Property Forum
HB Reavis marked its ambitious plans for growth in Germany by announcing two major acquisitions in Berlin and Dresden totalling 3.5 hectares. Plans will see the introduction of HB Reavis’ co-working initiative as well as designs aimed at and catering to a range of businesses, from start-ups and scale-ups to larger corporations, all while fostering well-being and productivity.
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News - AFI Europe to buy Casa Radio building in Bucharest
14
Feb
2019

AFI Europe to buy Casa Radio building in Bucharest

by Property Forum
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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News - Wing buys three Budapest office buildings
07
Feb
2019

Wing buys three Budapest office buildings

by Property Forum
Hungarian developer Wing has announced the acquisition of several buildings in Budapest’s Infopark office complex. The seller was Lone Star Funds – Hudson Global Advisors.
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News - Morgan Stanley in talks for €150 million Bucharest office deal
07
Feb
2019

Morgan Stanley in talks for €150 million Bucharest office deal

by Property Forum
Morgan Stanley Real Estate Romania is reportedly considering the acquisition of the Hermes Business Campus office project in Northern Bucharest, according to zf.ro.
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Latest news


New leases

  • Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
  • The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
  • Millennium Gardens has expanded its tenant portfolio by securing a major international logistics provider. The global firm will establish its Budapest office within the development. As a leading service provider, the company already operates nearly 80,000 sqm of logistics infrastructure in the region.

New appointments

  • Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.
  • CBRE Southeast Europe has strengthened its Zagreb operations with two strategic appointments in the Office Leasing department. Edmund Krznarić has taken over the role of Head of Office Leasing for the Croatian market. Additionally, Jan Pečnik has joined the team as Senior Consultant.
  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.

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