News - Tatra Asset Management buys nine retail parks in Slovakia
03
Jan
2019

Tatra Asset Management buys nine retail parks in Slovakia

by Property Forum
Tatra Asset Management (TAM) has acquired a portfolio of nine regional retail parks in Slovakia. The seller, which was represented by CBRE, is KLM Real Estate (KLMre). The transaction also includes the pre-emptive right for other retail parks that the developer is currently preparing.
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News - EBRD and Revetas announce €28.6 million partnership in CEE
03
Jan
2019

EBRD and Revetas announce €28.6 million partnership in CEE

by Property Forum
The EBRD and Revetas, a specialist real estate investment advisor focusing on Central and Eastern Europe (CEE), are joining forces for the acquisition and development of a portfolio of prime business properties in the region. The EBRD is investing €28.6 million in Project Keystone, a portfolio of premium real estate assets located across CEE representing a total gross leasable area of over 173,000 sqm. The total asset value, including gross development value, exceeds €450 million.
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News - Globalworth Poland closes Warsaw acquisition
03
Jan
2019

Globalworth Poland closes Warsaw acquisition

by Property Forum
Globalworth Poland has closed the acquisition of two office buildings in Warsaw, Skylight and Lumen, from Unibail-Rodamco-Westfield.
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News - Wing buys Siemens’ Budapest office complex
20
Dec
2018

Wing buys Siemens’ Budapest office complex

by Property Forum
Wing has acquired Siemens’ office complex on Gizella Road in Budapest. The complex offers a total GLA of 40,000 sqm in eight buildings, most of which is office space, in addition to areas with industrial and educations functions. The property also has the potential for further development.
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News - Peakside Capital sells Prague office building to local company
20
Dec
2018

Peakside Capital sells Prague office building to local company

by Property Forum
Peakside Capital has completed the disposal of the Cube office building in Prague to BPD Development, a Prague-based development company.
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News - Wood & Company acquires Bratislava business centre
20
Dec
2018

Wood & Company acquires Bratislava business centre

by Property Forum
The Czecho-Slovak High Yield Fund managed by investment bank Wood & Company has bought the BBC5 business centre in Bratislava from Heitman Real Estate Fund. This is the second deal closed between the two companies this year, following the acquisition of Aupark Tower.
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News - GalCap Europe enters the Polish market
17
Dec
2018

GalCap Europe enters the Polish market

by Property Forum
GalCap Europe, an investment and asset manager active in Austria and the CEE region, has entered Poland with the acquisition of two historic boutique office buildings in Warsaw, Wilcza 46 and Mokotowska 33/35.
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News - Sonae Sierra becomes sole owner of Bucharest shopping centre
12
Dec
2018

Sonae Sierra becomes sole owner of Bucharest shopping centre

by Property Forum
Portuguese group Sonae Sierra announced that it purchased the 50% stake held by its former Joint Venture partner Caelum Development in Bucharest’s ParkLake shopping centre with the intention of consolidating its presence in Romania.
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News - Czech investors buy Forum Poprad in Slovakia
12
Dec
2018

Czech investors buy Forum Poprad in Slovakia

by Property Forum
Multi Corporation and GEMO HOLDING have sold the Forum Poprad shopping centre in Poprad, Slovakia. The asset has been acquired by the real estate fund of ZFP Investments and MAT Corporation, part of the DBK group. The sellers have been advised by Cushman & Wakefield
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News - MAS Real Estate buys Atrium Mall in Arad for €40.5 million
10
Dec
2018

MAS Real Estate buys Atrium Mall in Arad for €40.5 million

by Property Forum
MAS Real Estate, through a subsidiary, has acquired the Atrium Mall Shopping Centre in Arad, Romania from Cosmovia Holdings Limited, a member of the Demján Group based in Hungary.
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Latest news


New leases

  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.
  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.

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