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News Speedwell makes large land purchase close to Bucharest
22
Feb
2023

Speedwell makes large land purchase close to Bucharest

by Property Forum
Speedwell has purchased a land plot of 14 hectares in Corbeanca locality, close to northern Bucharest, for a new residential development that will feature 210 villas. 
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News Encore Capital Trust makes 170 property acquisitions in six months
21
Feb
2023

Encore Capital Trust makes 170 property acquisitions in six months

by Property Forum
Romanian property fund Encore Capital Trust has made 170 acquisitions in the first six months of operation with an average investment ticket of around €290,000. The purchases covered apartments and parking lots based in nine residential projects. 
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News One United Properties makes large land purchase in Bucharest
17
Feb
2023

One United Properties makes large land purchase in Bucharest

by Property Forum
Romanian developer One United Properties has purchased 5 hectares of land in Bucharest for a new mixed-use development in a deal worth €35 million. The company plans to develop One Cotroceni Towers, which will have a gross development value in the range of €400 million. 
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News Roca Investments raises funds for regional expansion
15
Feb
2023

Roca Investments raises funds for regional expansion

by Property Forum
Romanian private equity company Roca Investments has attracted RON 100 million (around €20 million) in new equity in a bid to expand its regional presence in the industry and agriculture field. The fund is also a controlling shareholder in key suppliers for the real estate industry. 
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News LCP Properties expands its portoflio in Poland
14
Feb
2023

LCP Properties expands its portoflio in Poland

by Property Forum
LCP Properties has finalised the purchase of two retail projects to be built in Łochów and Iława, as well as an existing retail park in Ząbkowice Śląskie.
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News Rădăcini Grup buys Brico Depot Iași
13
Feb
2023

Rădăcini Grup buys Brico Depot Iași

by Property Forum
The real estate division of Rădăcini Group has purchased the Brico Depot DIY store in Iași for an undisclosed sum. The store has a sales area of approximately 8,000 sqm, with around 200 parking spaces and was opened in 2007 as a Praktiker brand. 
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News Premier Energy acquires wind farms in Romania for €13 million
10
Feb
2023

Premier Energy acquires wind farms in Romania for €13 million

by Property Forum
The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million. After completing all acquisitions and planned developments there, it will own or manage 700 megawatts of renewable energy, Pavel Zuna, a spokesman for Emma Capital, Premier Energy's parent company, told E15.
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News Livos Group buys 63 apartments in Warsaw high-rise building
08
Feb
2023

Livos Group buys 63 apartments in Warsaw high-rise building

by Property Forum
Another German investor is entering the Polish property market. The Livos Group of companies is starting its expansion in Poland with Warsaw. The investor has purchased 63 residential units in the Złota 44 high-rise building in the very centre of the Polish capital. The seller was Catella Residential Investment Management, which has thus withdrawn from this country, Investmap.pl reports.
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News Real Management sells Bolero Office Point 2 in Warsaw
08
Feb
2023

Real Management sells Bolero Office Point 2 in Warsaw

by Property Forum
Real Management S.A. has closed the sale of the office and technology building Bolero Office Point 2, located at 4 Równoległa Street in Warsaw. The building has been acquired by Interpierre Europe Centrale, an SCPI managed by PAREF Gestion. The price has not been disclosed.
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News UDI Group to invest CZK 3 billion in Brno
07
Feb
2023

UDI Group to invest CZK 3 billion in Brno

by Vera Tumova
The UDI Group has acquired an industrial site in Brno in January, which it will operate for the time being while preparing for future redevelopment. At the moment, the plan is to build offices and hotel-type accommodations. If the city changes the zoning plan, as it seeks to do, the developer's final project may change to reflect this.  Construction would be done in phases, with the first phase to begin within two years. The developer announced the acquisition without disclosing the transaction price.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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