News - Crosspoint helps sell Bucharest building to local investor
06
Nov
2018

Crosspoint helps sell Bucharest building to local investor

by Property Forum
Crosspoint Real Estate, an international associate of Savills in Romania, has assisted the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman. Crosspoint negotiated on behalf of SIF Banat Crişana both in the acquisition stage of the building, and later at the sale stage to the private investor.
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News - Globalworth buys two Warsaw office buildings
31
Oct
2018

Globalworth buys two Warsaw office buildings

by Property Forum
Globalworth Poland has entered into a preliminary sale and purchase agreement with Unibail-Rodamco-Westfield for the landmark acquisition of two high-quality office buildings in Warsaw, known as Skylight and Lumen.
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News - Cromwell European REIT acquires 23 properties in Europe
31
Oct
2018

Cromwell European REIT acquires 23 properties in Europe

by Property Forum
Cromwell EREIT Management Pte. of Cromwell European Real Estate Investment Trust has announced the acquisition of 23 properties across five countries in Europe. These comprise 16 properties in the Netherlands, Finland and Poland, two properties in Italy, as well as five properties in France.
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News - M7 Czech Republic to buy Wroclaw office building
29
Oct
2018

M7 Czech Republic to buy Wroclaw office building

by Property Forum
VD Invest, subsidiary of Vantage Development, has signed a preliminary conditional agreement with IKI Poland, subsidiary of M7 Czech Republic group, for the sale of Wroclaw office building Delta 44. GVA Polska represented the seller in the transaction.
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News - pbb provides €43 million to Revetas for Bucharest acquisition
25
Oct
2018

pbb provides €43 million to Revetas for Bucharest acquisition

by Property Forum
pbb Deutsche Pfandbriefbank has provided a credit facility of €43 million to Revetas Capital Fund III for the acquisition of the newly built office complex called The Landmark, in Bucharest, Romania. It is envisaged that an affiliate of Cerberus Capital Management will join Revetas in this transaction. pbb acted as arranger and sole lender under the facility.
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News - Atrium completes €300 million retail acquisition in Warsaw
25
Oct
2018

Atrium completes €300 million retail acquisition in Warsaw

by Property Forum
Atrium European Real Estate Limited has completed the purchase of the Wars Sawa Junior retail centre in Warsaw, Poland for €301.5 million. Following the acquisition, 84% of the company’s portfolio is located in Poland and the Czech Republic and includes four prime centres in Warsaw and two in Prague.
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News - Echo Investment places bond issuance of PLN 50 million
25
Oct
2018

Echo Investment places bond issuance of PLN 50 million

by Property Forum
Individual investors have subscribed to all offered I-series bonds of Echo Investment. The developer will issue the securities worth PLN 50 million (app. €11.6 million).
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News - Goldman Sachs buys Budapest office building
22
Oct
2018

Goldman Sachs buys Budapest office building

by Property Forum
Goldman Sachs has purchased the Science Park office building in Budapest from an undisclosed buyer. CBRE represented the seller and Cushman & Wakefield advised the buyer in the transaction, the two firms announced on LinkedIn.
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News - Plaza Centers sells land plot in Romania
19
Oct
2018

Plaza Centers sells land plot in Romania

by Property Forum
Plaza Centers N.V. has signed a pre-agreement for the sale of a land plot in Miercurea Ciuc, Romania for €1.55 million.
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News - Slovenian retailer sells 10 shopping centres
17
Oct
2018

Slovenian retailer sells 10 shopping centres

by Property Forum
Slovenian retailer Mercator has sold 10 shopping centres with a total GLA of 108,800 sqm in Slovenia to Austrian Supernova Group for €116.6 million. Mercator will rent parts of the centres, the company said in a filing to the Ljubljana Stock Exchange.
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Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • 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.

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