ARTICLES IN Investment  TOPIC

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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News AEW Europe sells Warsaw office building
08
Aug
2018

AEW Europe sells Warsaw office building

by Property Forum
After almost two decades AEW Europe decided to sell Atrium Tower office building located in Warsaw. The new owner of the property is VIG FUND, the real estate investment vehicle of Vienna Insurance Group (VIG). Real estate advisor Savills represented AEW Europe in the transaction.
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News Forte Partners sells Bucharest project to Dedeman
07
Aug
2018

Forte Partners sells Bucharest project to Dedeman

by Property Forum
Forte Partners has signed the full sale of The Bridge office project to Dedeman Group, producing the largest real estate transaction of the year on the Romanian market to date.
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News Generali acquires Warsaw office building
07
Aug
2018

Generali acquires Warsaw office building

by Property Forum
Generali Real Estate acquired Małachowski Square office building from Europa Capital Partners and White Star Real Estate, with Savills acting as the buyer’s commercial advisor.
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Latest news


New leases

  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
  • ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.
  • Cushman & Wakefield has appointed Szczepan Gowin to head its Industrial & Logistics Agency in Poland. He has over 15 years' of international experience in logistics and supply chain management.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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