12
Jul
2022
Jul
2022
ICD Grup buys historic villa in Bucharest
Romanian property developer ICD Grup and a local investor have purchased a historic villa in central Bucharest from the George Soros Foundation for an undisclosed sum.
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07
Jul
2022
Jul
2022
One United to invest €70 million in Bucharest urban regeneration
Romanian developer One United Properties plans to invest at least €70 million in the next two years in the urban regeneration of abandoned historical landmarks in Bucharest.
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07
Jul
2022
Jul
2022
Peakside closes a value-add CEE venture with 20% IRR
Peakside Capital Advisors has completed the disposal of the 240,000 sqm portfolio of a CEE value-add real estate investment venture. Sales proceeds totalled over €160 million, generating an IRR of 20% and an equity multiple of over 1.7x for Peakside investors.
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06
Jul
2022
Jul
2022
Property investments in Romania reach €567 million in H1
Investments in Romania’s commercial real estate market amounted to €566.9 million in the first half of this year, compared to €194 million in the same period of last year, according to a report by real estate consultancy FortimTrusted Advisors, an alliance member of BNP Paribas Real Estate.
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06
Jul
2022
Jul
2022
Panattoni sells 5 logistics parks in Poland for €160 million
Panattoni has completed the €160 million sale of a portfolio of five fully-let logistics parks in Poland covering a total of 230,000 sqm GLA, to a North American real estate investment manager buyer.
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01
Jul
2022
Jul
2022
One United Properties buys land in Bucharest
Romanian developer One United Properties has purchased a 10,710 sqm land plot near Floreasca where it plans to start a new residential investment.
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30
Jun
2022
Jun
2022
Echo sells four office buildings in Poland for €157 million
MidPoint71, an office building in Wrocław, was acquired by Trigea Real Estate Fund, the fastest-growing Czech fund. The project of Echo Investment, which obtained the occupancy permit earlier this year, was sold for over €100 million. In another deal, three office buildings in Fuzja Łódź project were acquired by KGAL Group, an independent investment and asset manager, for over €56 million.
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28
Jun
2022
Jun
2022
Solida Capital and Xior to invest in student housing in Warsaw
Solida Capital and Xior have formed a joint venture in Poland to jointly develop student housing projects. The first investment will be a student dormitory located in the Old Town area of the capital, close to the University of Warsaw campus.
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27
Jun
2022
Jun
2022
Bank Pekao refinances Newbridge's Polish retail park portfolio
Bank Pekao S.A. completed the €10 million refinancing project of a retail park portfolio owned by Newbridge Poland. The investor was advised in this process by the Avison Young investment team.
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24
Jun
2022
Jun
2022
Atrium sells Optima shopping mall in Slovakia
Atrium has sold the shopping mall Optima in Košice, Slovakia. The company wants to focus on its core markets, Warsaw and Prague from now.
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Latest news
- AXI IMMO sees investor return to Polish real estate
- 55% of employees feel tired or overworked daily or several times a week
- Oded Rahamim returns to GTC as group CFO
- CA Immo sells Czech property platform
- Mondo Development takes over management of Nexus in Bucharest
- BuildGreen secures BREEAM Excellent for 982 flats in Bucharest
- Cavatina accelerates residential growth while keeping offices at its core
- One United Properties appoints Cătălin Jalobă as CFO
- North-East Romania looks to turn potential into investment
- LemonTree breaks ground on logistics complex near Kraków
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
