News - AFI Europe Romania buys €23 million land plot in Bucharest
02
Jul
2018

AFI Europe Romania buys €23 million land plot in Bucharest

by Property Forum
AFI Europe Romania finalised the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 sqm, in a transaction worth €23 million.
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News - Skanska sells Prague office building to CA Immo
02
Jul
2018

Skanska sells Prague office building to CA Immo

by Property Forum
With the purchase of the Visionary office building in Prague, CA Immo and Skanska have successfully signed and closed the second transaction between the two companies in the CEE region in 2018. The gross transaction volume is approx. €68 million.
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News - Wing acquires office building in Budapest
25
Jun
2018

Wing acquires office building in Budapest

by Property Forum
Wing, through one of its investment funds, has acquired Infopark D office building in the South Buda area. The transaction was financed by HypoNoe Bank AG.
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News - CPI Property Group disposes of five Czech retail assets
22
Jun
2018

CPI Property Group disposes of five Czech retail assets

by Property Forum
CPI Property Group announced the disposal of five small retail properties located in regional cities of northern Czech Republic, totalling approximately 25,700 sqm.
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News - Globalworth closes acquisition in Poland
22
Jun
2018

Globalworth closes acquisition in Poland

by Property Forum
Globalworth announced the closing of the acquisition of Quattro Business Park in Kraków by Globalworth Poland.
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News - Avestus Capital Partners sells Prague office building
21
Jun
2018

Avestus Capital Partners sells Prague office building

by Property Forum
Avestus Capital Partners has sold Explora Business Centre in Prague to Golden Star Group, an international real estate group specializing in commercial and leisure real estate properties. Real estate advisors Colliers International and law firm Schoultz & Partners represented Avestus Real Estate while Golden Star Group was represented by Havel & Partners in this transaction.
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News - Revetas buys TriGranit from TPG Real Estate
19
Jun
2018

Revetas buys TriGranit from TPG Real Estate

by Property Forum
Revetas, a specialist real estate investment manager focusing on the CEE region, together with funds managed by Goldman Sachs Asset Management, announced it has acquired TriGranit from TPG Real Estate, the real estate platform of global alternative asset firm TPG. Terms of the transaction were not disclosed.
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News - Immofinanz sells plots of land in Bucharest
19
Jun
2018

Immofinanz sells plots of land in Bucharest

by Property Forum
Immofinanz has sold two plots of land managed by Adama, a developer part of theImmofinanz group, to Speedwell Real Estate Development. The buyer plans to expand its residential and office development portfolio in the northern part of Bucharest. The purchase price has not been disclosed.
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News - HB Reavis sells Prague office building to REICO
18
Jun
2018

HB Reavis sells Prague office building to REICO

by Property Forum
In mid-June, international property developer HB Reavis announced the completion of a major real estate deal. The developer sold its office property Metronom Business Center located in Prague-Butovice to ČS nemovitostní fond, managed by Česká spořitelna’s REICO investiční společnost, for a sum of €89.2 million (CZK 2.3 billon). JLL advised HB Reavis on the sale.
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News - Cromwell sells Czech business park for €17.5 million
18
Jun
2018

Cromwell sells Czech business park for €17.5 million

by Property Forum
Cromwell Property Group has sold the Čestlice Business Park in Prague-East for €17.5 million to an undisclosed buyer.
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Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

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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