News - Generali Real Estate buys Prague building
20
Mar
2019

Generali Real Estate buys Prague building

by Property Forum
Cushman & Wakefield assisted Generali Real Estate in the acquisition of Palác Špork, a unique scheme in Prague 1. The seller is SEBRE, a.s. The price remains undisclosed. The agreement was signed on 11 March.
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News - Atrium sells development land in Gdańsk
13
Mar
2019

Atrium sells development land in Gdańsk

by Property Forum
Euro Styl S.A. - a Tri-City developer specializing in residential projects and part of the Dom Development S.A. Capital Group - has acquired an investment land parcel located in the Młode Miasto area of Gdańsk, from Atrium European Real Estate Ltd. The vendor was represented by experts from JLL international advisory firm.
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News - FLE GmbH buys Budapest hotel
08
Mar
2019

FLE GmbH buys Budapest hotel

by Property Forum
Vienna-based FLE GmbH, part of the French LFPI Group, announced the purchase of the Achat Premium Budapest, a four-star hotel with 135 rooms, east of Budapest’s city centre, on behalf of Luxembourg-based fund FLE SICAV FIS.
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News - M7 completes €75 million of disposals in Central Europe
08
Mar
2019

M7 completes €75 million of disposals in Central Europe

by Property Forum
M7 Real Estate has completed €75 million of disposals across Central Europe in 2018 on behalf of both in house funds and third party mandates. M7 maintained Assets Under Management in Croatia, the Czech Republic, Hungary, Slovakia and Poland at €285 million, with a portfolio comprising 375,000 sqm of multi-let office and industrial space. In addition, M7 completed circa 50 leasing events, including new leases and lease re-gears.
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News - Redside sells Prague office building
08
Mar
2019

Redside sells Prague office building

by Property Forum
Avenir E, a Class A office building located in the established office hub of Nové Butovice, Prague 5 has been acquired by Investika. The seller, Redside, was represented by JLL.
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News - AFI Europe’s parent-company changes owners
08
Mar
2019

AFI Europe’s parent-company changes owners

by Property Forum
Africa Israel Investments, an international holding and investments company based in Israel, sold the controlling stake in Africa Israel Properties (AIP), the parent-company of AFI Europe.
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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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Latest news


New leases

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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