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News Panattoni Europe sells Warsaw asset
12
Sep
2017

Panattoni Europe sells Warsaw asset

by Ákos Budai
Panattoni Europe announced the sale of Panattoni Park Warszawa–Konotopa to MEP Industrial Centre Warsaw, owned by M&G European Property Holding Company. The multi-tenant logistics centre comprises two buildings totalling close to 50,000 sqm and is fully leased. After the sales transaction is completed, Panattoni Europe will stay on as the facility manager.
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News Skanska buys Prague office project
06
Sep
2017

Skanska buys Prague office project

by Ákos Budai
Skanska has acquired the Key office project in Prague’s Pankrác district from ČSAD Praha Holding for an undisclosed sum. The developer plans to start construction works before year-end.
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News CTP acquires two logistics parks in Romania for €18 million
04
Sep
2017

CTP acquires two logistics parks in Romania for €18 million

by Ákos Budai
CTP has acquired two logistics parks located in Western Romania from Slovak group IPEC for €18 million. The two assets are located in Ineu, Arad County and Salonta, Bihor County and have a total leasable area of 37,000 sqm.
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News GTC acquires Belgrade Business Center
31
Aug
2017

GTC acquires Belgrade Business Center

by Ákos Budai
The GTC Group has acquired a modern A-class office building in Belgrade, Serbia for an undisclosed sum. Belgrade Business Center offers 17,900 sqm of GLA and 307 parking places. The acquisition will increase GTC’s Serbian portfolio to 98,400 sqm GLA.
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News Wing buys Budapest logistics park
31
Aug
2017

Wing buys Budapest logistics park

by Ákos Budai
Hungarian developer and investor Wing has purchased the Európa Center Business and Logistic Park, located in the northernmost part of Budapest, next to the M0 ring road. Wing plans to further develop the park which has been renamed Login Business Park.
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News CTP sells retail assets to DMO Invest for €40 million
31
Aug
2017

CTP sells retail assets to DMO Invest for €40 million

by Ákos Budai
CTP has agreed to sell its non-core assets to DMO Invest for approximately €40 million. The sale involved CTP’s subsidiary CT Retail—a holding company for a portfolio of supermarkets and other retail properties.
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News Tesco sells Brno store to Crestyl
31
Aug
2017

Tesco sells Brno store to Crestyl

by Ákos Budai
Tesco’s department store next to Brno’s main railway station has been sold to British developer Crestyl for an undisclosed sum. The supermarket will continue to operate at its current location. 
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News Radisson Blu Bucharest to be sold for over €177 million
23
Aug
2017

Radisson Blu Bucharest to be sold for over €177 million

by Ákos Budai
Israeli-held Elbit Imaging announced that it has signed a non-binding letter of intent with an international investment fund to sell its entire shareholding in a company owning the Radisson Complex in Bucharest, based on a property value of approximately €177.5 million.
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News Class B office building changes hands in Bratislava
21
Aug
2017

Class B office building changes hands in Bratislava

by Ákos Budai
JLL‘s Slovak Capital Markets team has successfully closed the sale process of the Quadro office building in Bratislava, Slovakia. JLL team acted on behalf of CEE Property Development Portfolio 2, a.s., (CPDP2) a real estate investment and asset management company, part of the Česká spořitelna Financial Group. The Quadro building was acquired by Slovakia-based property company backed by Israeli and US capital. The value of the transaction remains confidential. 
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News Star Capital buys two Czech shopping centres
16
Aug
2017

Star Capital buys two Czech shopping centres

by Ákos Budai
Prague-based Star Capital Investments has become the new owner of the Futurum Ostrava and OC Haná shopping centres in the Czech Republic. CBRE participated in these transactions, representing the foreign sellers. CBRE also manages the building and leasing activities for Futurum Ostrava.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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