News - M Core buys Shopping City Suceava
24
Jan
2025

M Core buys Shopping City Suceava

by Property Forum
M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.
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News - Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News - Gránit Asset Management joins Hungary's Golden Visa Program
23
Jan
2025

Gránit Asset Management joins Hungary's Golden Visa Program

by Property Forum
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.   
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News - UE Furniture buys 200,000 sqm of land and buildings in Romania
23
Jan
2025

UE Furniture buys 200,000 sqm of land and buildings in Romania

by Property Forum
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar. 
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News - pbb provides refinancing for retail portfolio in Poland
20
Jan
2025

pbb provides refinancing for retail portfolio in Poland

by Property Forum
pbb Deutsche Pfandbriefbank (pbb) has underwritten an investment facility for a retail portfolio in Poland for Pine Bridge Benson Elliot. The portfolio consists of three shopping centres in Łódź, Toruń and Kraków in Poland. 
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News - Kajima Properties sells logistics hub in Poland
20
Jan
2025

Kajima Properties sells logistics hub in Poland

by Property Forum
Kajima Europe completed the sale of its prime logistics scheme in Zabrze, Poland. Generali Group acquired the asset in December 2024. The price has not been revealed.
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News - Savills expands in Serbia
16
Jan
2025

Savills expands in Serbia

by Property Forum
Savills has entered into an association with Cortina in Serbia to support its expansion in Europe. 
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News - Romania’s commercial property investments up 47% in 2024
15
Jan
2025

Romania’s commercial property investments up 47% in 2024

by Property Forum
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 
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News - Indotek sells office building in Warsaw
13
Jan
2025

Indotek sells office building in Warsaw

by Property Forum
The international investment fund Indotek Group has sold the Bokserska Office Center office building in Warsaw. The buyer is Enter Air, a Polish charter airline, which plans to move its headquarters to the purchased building. The price has not been revealed. 
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News - Erste Asset Management becomes new owner of Reico
13
Jan
2025

Erste Asset Management becomes new owner of Reico

by Property Forum
As of December 20, 2024, the owner of Reico has changed. The new owner (shareholder) of Reico is Erste Asset Management GmbH. 
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Latest news


New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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