ARTICLES IN Investment  TOPIC

News Atenor enters Poland by office acquisition
06
Sep
2018

Atenor enters Poland by office acquisition

by Property Forum
Atenor became the new owner of a Warsaw office complex comprising 2 office buildings with a total area of approx. 32 000 sqm, located in Mokotow. This is the first acquisition completed by the company on the Polish market.
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News Atrium acquires retail centre in Warsaw
29
Aug
2018

Atrium acquires retail centre in Warsaw

by Property Forum
Atrium European Real Estate Limited has signed an agreement to acquire Wars Sawa Junior, a prime retail asset located in the heart of Warsaw and in its most prominent high street retail area, for a consideration of €301.5 million. Atrium is to acquire Wars Sawa Junior from PFCEE, a fund managed by CBRE Global Investors, using a mixture of existing cash resources and external financing.
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News One United buys Bucharest land from Telekom Romania
23
Aug
2018

One United buys Bucharest land from Telekom Romania

by Property Forum
Telekom Romania announced the sale of two plots of land located in the Floreasca area of Bucharest to One United Properties. The transaction price exceeded €18 million.
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News Balmain becomes sole owner of BSC Group
23
Aug
2018

Balmain becomes sole owner of BSC Group

by Property Forum
Balmain Asset Management Group has assumed 100% control of BSC Real Estate Advisors and BSC Property Management. The company has purchased a minority stake in the BSC companies and now holds 100% of the Group shares.
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News Amundi Czech Republic buys Prague office building
15
Aug
2018

Amundi Czech Republic buys Prague office building

by Property Forum
Amundi Czech Republic has completed the acquisition of the company holding the property Polygon office building at Pankrác in Prague for its KB realitní fond 2. The property was sold by Mint Investments. Cushman & Wakefield facilitated the transaction.
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News OTP fund buys Budapest office-retail complex
14
Aug
2018

OTP fund buys Budapest office-retail complex

by Property Forum
MOM Park, a 50,000 sqm prime shopping mall and office property in Budapest was sold by a consortium of a fund managed by Morgan Stanley Real Estate Investing, Hungarian developer and investor Wing and Austrian shopping centre specialist CC Real to OTP Real Estate Investment Fund. The mall had been acquired in 2015 by the consortium, and since then significant investments have been made in the building enhancing its value as a property and a business.
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News HB Reavis sells Warsaw buildings to Savilss IM
14
Aug
2018

HB Reavis sells Warsaw buildings to Savilss IM

by Property Forum
HB Reavis has successfully sold two Warsaw office buildings to Savills Investment Management (Savills IM) who acted on behalf of a global pension fund client. Offering ca. 53,000 sqm, Buildings C and D of Gdanski Business Center are now entirely owned by the global pension fund.
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News Skanska sells Budapest office project to Erste fund
09
Aug
2018

Skanska sells Budapest office project to Erste fund

by Property Forum
Skanska has sold Mill Park, a two-building office project in Budapest, to the real estate fund of Erste Alapkezelő Zrt., one of the subsidiaries of Erste Asset Management GmbH, for €100 million. This is the second acquisition from Skanska in Budapest that the purchaser has made following the Nordic Light transaction in 2016.
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News S + B Gruppe buys Warsaw office complex
09
Aug
2018

S + B Gruppe buys Warsaw office complex

by Property Forum
S + B Gruppe AG has acquired the Jabłonowski Palace historic office complex in Central Warsaw from Commerz Real. The property offers 17,000 sqm of leasable space and 170 parking spaces.
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News East Balkan Properties sells Bucharest office portfolio
08
Aug
2018

East Balkan Properties sells Bucharest office portfolio

by Property Forum
Colliers International Romania advised East Balkan Properties plc in the selling of its office portfolio consisting of four buildings with a total area of 9,047 sqm, situated in strategic locations in the capital. The acquisition was made by Adam Europe, the group that purchased a while ago the Phoenix Tower and Construdava Business Center office buildings, following two transactions that were also advised by Colliers.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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