News - Atenor sells Budapest building to Hungarian fund
02
Mar
2017

Atenor sells Budapest building to Hungarian fund

by Ákos Budai
Atenor announced the sale of the third building of its Váci Greens campus in Budapest to Hungarian real-estate fund OTP Prime Ingatlanbefektetesi Alap. Building B contains 25,300 sqm of office space and 399 basement parking spaces. The structure was completed in March 2016 and is currently 65% leased. 
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News - Globalworth buys Romanian warehouse for €42.5 million
23
Feb
2017

Globalworth buys Romanian warehouse for €42.5 million

by Ákos Budai
Globalworth purchased a logistics project located near Pitesti, Romania, rented by Dacia from ELGAN, a company owned by businessman Simon Roth, for €42.5 million. Colliers International advised the seller.
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News - Peakside Capital buys Prague office building
17
Feb
2017

Peakside Capital buys Prague office building

by Ákos Budai
Peakside Capital has completed the acquisition of Argo Alpha, a Prague office building comprising 12,600 sqm of GLA. The transaction price has not been disclosed. 
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News - CBRE GI sells office portfolio in Warsaw
14
Feb
2017

CBRE GI sells office portfolio in Warsaw

by Ákos Budai
CBRE Global Investors, on behalf of the Property Fund Central Eastern Europe (PFCEE), has sold two office building in Warsaw, Poland, Trinity Office Park and Prosta Office Centre.
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News - Arcona Capital sells Czech industrial site to VGP Group
14
Feb
2017

Arcona Capital sells Czech industrial site to VGP Group

by Ákos Budai
Arcona Capital, acting on behalf of the Jersey-based Belgravia European Fund, has completed the sale of the Fund’s residual industrial development site located in Chomutov, northern Bohemia, to VGP Group. The site, with planning permission for industrial use, is located next to the D7 motorway close to the town of Chomutov. 
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News - CBRE GI takes €108 million loan from pbb
09
Feb
2017

CBRE GI takes €108 million loan from pbb

by Ákos Budai
pbb Deutsche Pfandbriefbank has provided a long term acquisition facility, in a total amount of €108 million, to a company managed by CBRE Global Investors on behalf of a German separate account. The transaction closed in January 2017. pbb acted as arranger and sole lender under the facility. 
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News - Prague industrial area has new owner
09
Feb
2017

Prague industrial area has new owner

by Ákos Budai
An industrial area, located in Prague – Horní Počernice has been sold by Carrier to a private investor. The property has a total area of 12,621 sqm. It consists of an administrative building, two warehouses and plots for parking and material manipulation. It features 4,822 sqm of covered premises and offers possible future development.
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News - Czech open-ended fund buys Bratislava office building
08
Feb
2017

Czech open-ended fund buys Bratislava office building

by Ákos Budai
ČS Real Estate fund, the largest and oldest Czech open-ended property fund, managed by REICO, has acquired the Park One office building in Bratislava for €35.6 million from private investment firm Falcon II Fund. 
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News - Atenor sells Budapest office building to Hungarian investors
03
Feb
2017

Atenor sells Budapest office building to Hungarian investors

by Ákos Budai
Belgian developer Atenor announced the sale of building A of the Váci Greens office complex in Budapest to a group of private Hungarian investors. This building is the first of the three buildings built by Atenor on the Váci Corridor.
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News - Plaza Centers completes sale of Suwałki Plaza
03
Feb
2017

Plaza Centers completes sale of Suwałki Plaza

by Ákos Budai
One of the subsidiaries of Plaza Centers has completed the sale of Suwałki Plaza shopping and entertainment centre in Poland to an investment fund for €42.3 million, which is in line with the last reported book value, the company reports.
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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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