News - Panattoni sells two industrial parks near Wrocław
20
Dec
2023

Panattoni sells two industrial parks near Wrocław

by Property Forum
Panattoni has finalised the sale of two industrial developments near the administrative capital of the Lower Silesian region. Together, Panattoni Park Wrocław East, and Panattoni Park Wrocław S8 South comprise a total area of almost 43,000 sqm. The price and the buyer have not been disclosed. 
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News - White Star Real Estate publishes first ESG report
20
Dec
2023

White Star Real Estate publishes first ESG report

by Property Forum
White Star Real Estate has published its ESG report for the year 2022, which includes a review of activities related to the areas outlined in its ESG Policy: environmental, social and corporate governance. Despite no legal obligation to prepare a non-financial report for 2022, the company opted to create a report in reference to the Global Reporting Initiative (GRI) guidelines.
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News - Murapol enters Warsaw Stock Exchange
20
Dec
2023

Murapol enters Warsaw Stock Exchange

by Property Forum
The shares of Murapol made their debut on the main market of the Warsaw Stock Exchange. Thus, this residential developer became the 413th company listed on the Main Market and the 10th debut on this market in 2023.
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News - Hungary's Duna Aszfalt to buy Mota-Engil Central Europe
20
Dec
2023

Hungary's Duna Aszfalt to buy Mota-Engil Central Europe

by Property Forum
Mota-Engil has reached an agreement with Hungarian company Duna Aszfalt for the sale of Mota-Engil Central Europe (MECE) and its subsidiaries. MECE is an active player in the construction industry and real estate development market in Poland.
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News - Ghelamco sells hotel part of The Warsaw HUB complex
19
Dec
2023

Ghelamco sells hotel part of The Warsaw HUB complex

by Property Forum
Ghelamco has announced closing the deal concerning the sale of a high-rise building at Rondo Daszyńskiego, which houses hotels of the Crowne Plaza and Holiday Express Inn chains. The buyer is the French fund Corum XL. This is the third and final building sold from Ghelamco’s portfolio in The Warsaw HUB. The price has not been disclosed.
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News - Kaprain and Penta Real Estate to build new project in Prague 9
19
Dec
2023

Kaprain and Penta Real Estate to build new project in Prague 9

by Property Forum
Kaprain and Penta Real Estate have entered into a cooperation agreement to build on the former Howden ČKD factory site adjacent to the O2 arena. Penta has bought a 40% stake in the project, which will create a new centre of Prague's Vysočany and Libeň districts on a site of over 50,000 sqm, Kaprain announced.
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News - Vastint to buy Arkady Wrocławskie from Develia
19
Dec
2023

Vastint to buy Arkady Wrocławskie from Develia

by Property Forum
Develia Group has signed a preliminary agreement with Vastint Poland for the sale of the real estate on which the Arkady Wrocławskie multifunctional building is located. The net sale price has been set at €42.9 million (approximately PLN 185.6 million). The transaction is expected to be finalised by the end of August 2025. Avison Young has been representing the seller throughout the sales process.
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News - VGP announces €1.5 billion European joint venture
19
Dec
2023

VGP announces €1.5 billion European joint venture

by Property Forum
VGP has announced the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm. The Saga Joint Venture will focus exclusively on key European markets, including France, Germany, the Czech Republic, Slovakia, and Hungary.
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News - Walter Herz Invest to help in plot purchasing in Poland
15
Dec
2023

Walter Herz Invest to help in plot purchasing in Poland

by Property Forum
Advisory agency Walter Herz is expanding the scope of consulting services and branching out with a new business line - Walter Herz Invest. The entity is responsible for purchasing and securing real estate and land for the construction of projects in the commercial, warehouse and residential sectors.
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News - ČMN becomes majority owner of Prague office complex
15
Dec
2023

ČMN becomes majority owner of Prague office complex

by Property Forum
Českomoravská nemovitostní has acquired a quarter stake in the Churchill Square office complex in Prague near the main railway station for CZK 1 billion (€41 million). It has thus become the majority owner of the complex. The seller was a holding from Lebanon, reports the daily e15.cz.
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Latest news


New leases

  • BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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