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News Ghelamco sells Warsaw Unit for €280 million
26
Nov
2024

Ghelamco sells Warsaw Unit for €280 million

by Property Forum
Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw UNIT skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real estate company Eastnine AB for €280 million. This is the largest office market transaction that has been concluded in Europe this year.
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News German investor buys office building in Budapest
25
Nov
2024

German investor buys office building in Budapest

by Property Forum
Wing has announced the sale of the Honvéd Center office buildings in the Central Business District of Budapest to Greve Honvéd Kft, a subsidiary of Hamburg-based Greve Group, for an undisclosed amount.
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News KLM RE sells part of retail portfolio
25
Nov
2024

KLM RE sells part of retail portfolio

by Property Forum
KLM real estate has announced the sale of shopping parks in the Czech Republic and Slovakia. The buyer is Patria investiční společnost, reports Seznamzpravy.cz.
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News Local investors dominate Czech market in Q3 2024
21
Nov
2024

Local investors dominate Czech market in Q3 2024

by Property Forum
The total investment volume in the Czech Republic for the first three quarters of 2024 has exceeded the €1 billion threshold, reveals a regular quarterly survey published by Colliers. Approximately half of the properties bought and sold in 2024 are located outside Prague. 
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News Czech RE fund reaches €790 million milestone
20
Nov
2024

Czech RE fund reaches €790 million milestone

by Property Forum
INVESTIKA real estate fund has announced exceeding the threshold of CZK 20 billion (€790 million) in the volume of funds from Czech and Slovak investors. 
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News GTC buys over 5,500 residential units in Germany
19
Nov
2024

GTC buys over 5,500 residential units in Germany

by Property Forum
GTC Group’s management board has announced the acquisition of a residential portfolio in Germany, currently held by Peach Property Group. The portfolio is spread around the cities of Kaiserslautern, Helmstedt, and Heidenheim. It comprises 5,165 residential, 47 commercial units, 71 other units, and 2,108 parking units with a total leasable area of 324,167 sqm. GTC said the portfolio has an adjusted property value of approximately €448 million based on full ownership.
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News Property investments in Romania soar to €655 million over nine months
18
Nov
2024

Property investments in Romania soar to €655 million over nine months

by Property Forum
Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
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News Penta invites architects to compete in Prague
15
Nov
2024

Penta invites architects to compete in Prague

by Property Forum
The transformation of Prague's Florenc quarter is progressing to the next phase. Penta Real Estate, in cooperation with the capital city of Prague and the city districts of Prague 1 and Prague 8, has announced four international architectural competitions for four blocks in the area between the highway and the Prague-Florenc bus station.
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News Renovated department store in Prague to be sold
15
Nov
2024

Renovated department store in Prague to be sold

by Property Forum
The Amadeus Real Estate Group is preparing to sell the Máj department store in the centre of Prague to Realita fund, managed by the investment company Atris, reports Seznamzpravy.cz.
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News Hungarian investor sells Spanish retail park to French firm
13
Nov
2024

Hungarian investor sells Spanish retail park to French firm

by Property Forum
Hungarian investor GESTOR REAL ESTATE announced the successful sale of Mazarrón Park, a retail destination on Spain’s scenic Costa Cálida, to French investment firm Epsilon 360° SCPI. This acquisition represents a significant milestone for Epsilon 360° as it broadens its reach into the thriving Spanish market, marking its first major investment outside of France.
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Latest news


New leases

  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
  • Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.
  • Promenada Mall, owned by Nepi Rockcastle, has completed the first stage of its food court modernisation, spanning 1,000 sqm, with the opening of eight new restaurants.

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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