News - Crestyl expands resi portfolio by acquisition in Prague 5
07
Mar
2022

Crestyl expands resi portfolio by acquisition in Prague 5

by Property Forum
At the turn of the year, property development and investment company Crestyl bought a residential housing project in Prague Radlice, in the vicinity of Radlická Street, from developer Red Group. The project in Prague 5, which has already been granted planning permission, will include over 150 apartments. The price of the transaction was not disclosed and the investment was made without the involvement of bank financing, Crestyl said.
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News - Ghelamco sells The Warsaw HUB to Google
07
Mar
2022

Ghelamco sells The Warsaw HUB to Google

by Property Forum
Ghelamco has announced the sale of office buildings together with a retail and service passage in The Warsaw HUB complex. Google Poland is the purchaser, one of the main tenants of the building.
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News - Cavatina places bonds worth over PLN 40 million
07
Mar
2022

Cavatina places bonds worth over PLN 40 million

by Property Forum
Cavatina Holding S.A. has placed in the public offering 3.5-year bonds with a value of over PLN 40 million. Debt securities of one of the largest developers of office space in Poland will go to approx. 560 investors.
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News - Robyg plans 4,500 apartments for rent by 2024
07
Mar
2022

Robyg plans 4,500 apartments for rent by 2024

by Property Forum
The Robyg Group wants to increase the share of apartments for rent in its offer. In line with the strategy, by 2024, it plans to allocate about 4,500 apartments for rent. It also plans to expand its operations to other cities in Poland, the chairman of the supervisory board Oscar Kazanelson announced.
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News - Central Group buys offices in Prague to use as refugee assistance centre
04
Mar
2022

Central Group buys offices in Prague to use as refugee assistance centre

by Property Forum
A complex of three Komerční banka office buildings with an area of more than 12,000 sqm has been bought by Central Group in Prague 9. These are non-residential premises that can serve as emergency facilities and space for NGOs assisting refugees in the current war situation in Ukraine. The developer informed about the offer of the complex on its website, along with information about stopping the sale of apartments to citizens of Russia and Belarus who do not reject the aggressive and barbaric actions of their countries towards Ukraine.
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News - Dom Development takes over Buma
03
Mar
2022

Dom Development takes over Buma

by Property Forum
Dom Development has bought all the shares in the seven companies that comprise the Buma Group from the Giovanni fund for PLN 151.4 million.
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News - Evergent to develop mixed-use project in Iași
01
Mar
2022

Evergent to develop mixed-use project in Iași

by Property Forum
Evergent Investments, a financial company listed on the Bucharest Stock Exchange (BVB), has announced the development of a new mixed-use project in Iași with an estimated value above €100 million. 
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News - CPIPG now set to hold over 50% of Immofinanz voting rights
24
Feb
2022

CPIPG now set to hold over 50% of Immofinanz voting rights

by Property Forum
With the ending of the acceptance period of its takeover offer for Immofinanz, CPI Property Group announced that it will soon hold at least 53.33% of Immofinanz’s share capital and voting rights.
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News - Local investor buys office building on Budapest's Váci Road
24
Feb
2022

Local investor buys office building on Budapest's Váci Road

by Property Forum
Area Ingatlan Kft and its co-investor have acquired BC 91 Offices located on Budapest's Váci Road office corridor.
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News - Fortenova Group sells Zagreb office tower to Agram Group
24
Feb
2022

Fortenova Group sells Zagreb office tower to Agram Group

by Property Forum
Fortenova Group has signed a contract with Agram Group for the sale of the  Cibona Business Tower in Zagreb. The asset comprises office premises on 16 floors as well as garage areas amounting to 6,700 square meters overall. In accordance with the contract, the pruchase price is not being disclosed.
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Latest news


New leases

  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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