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News GTC Poland reports 13% increase in turnover
17
Feb
2025

GTC Poland reports 13% increase in turnover

by Property Forum
GTC has summarized its performance in Poland in 2024. The company achieved satisfactory results in the commercial sector, leasing 93,000 sqm, marking the best performance of the last decade. GTC's shopping centres also reported equally good operational results - tenant-generated turnover increased by 13% year-on-year, while the number of visitors exceeded 13 million.
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News CPI Europe to sell property portfolio to WOOD & Company
17
Feb
2025

CPI Europe to sell property portfolio to WOOD & Company

by Property Forum
CPI Europe Group (formerly known as Immofinanz) is selling an office and retail complex in the Slovak capital to WOOD & Company, thus taking another step in its strategic portfolio optimisation. The property portfolio comprises two myhive office buildings, a VIVO! shopping centre and a 3,200 sqm plot of land with potential for residential development.
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News Arcona announces development plans in Ukraine
14
Feb
2025

Arcona announces development plans in Ukraine

by Property Forum
Arcona Property Fund investing in Central and Eastern Europe has acquired a plot of land in the centre of the capital of Ukraine for approximately CZK 50 million (€2 million), Newstream.cz reports.
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News TSH Investment takes over Park Center Sofia
13
Feb
2025

TSH Investment takes over Park Center Sofia

by Property Forum
TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.
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News PPF acquires stake in mixed-used development in Florida
11
Feb
2025

PPF acquires stake in mixed-used development in Florida

by Property Forum
PPF Real Estate Holding has diversified its footprint in the US property market with an investment in Gasworx, a mixed-use development in Tampa, Florida. The multi-phase project is designed to connect Tampa’s historical Ybor City with downtown districts and transform a currently underused area.
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News Arcona Property Fund buys land in central Kyiv
10
Feb
2025

Arcona Property Fund buys land in central Kyiv

by Property Forum
Arcona Property Fund (APF), a Euronext-listed real estate fund focused on CEE, has purchased a land plot in central Kyiv from AIM London-listed Secure Property Investment and Development (SPDI). 
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News Bratislava City Council to decide on JTRE‘s and Penta‘s plans
07
Feb
2025

Bratislava City Council to decide on JTRE‘s and Penta‘s plans

by Property Forum
On February 20, the City Council in Bratislava is going to vote on important amendments to the city master plan, related to the construction of the Nové Lido by JTRE and Southbank by Penta Real Estate projects, reports DennikE.sk.
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News YD Capital and Albatris join forces in project near Brno
07
Feb
2025

YD Capital and Albatris join forces in project near Brno

by Property Forum
The investment group YD Capital and the fund of the international investment company Albatris have joined forces within the framework of the Slavkov Cihelna project in Slavkov near Brno. 
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News Revetas Group sells Park Center Sofia to TSH Investment
07
Feb
2025

Revetas Group sells Park Center Sofia to TSH Investment

by Property Forum
Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum. 
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News CPIPG sells share in historic palace in Prague
05
Feb
2025

CPIPG sells share in historic palace in Prague

by Property Forum
CPIPG has sold its half share in the historic house U Petržilků in Prague on Malostranské Square to the Spolumajitelé group, Seznamzpravy.cz reports. 
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Latest news


New leases

  • In June this year, the Polish branch of the Korean bank Industrial Bank of Korea will move into the 31st floor of the Warsaw Financial Center building. ITRA Polska advised the tenant in the process of leasing the office with an area of almost 950 sqm.
  • 108 Real Estate has helped close a new industrial lease transaction with the Logexpert team in the Adria region. XXLutz Lesnina has leased 17,000 sqm in the newly developed Logexpert Park Zdencina – a modern space tailored for logistics and retail operations.
  • Inter Cars Hungária Kft. has expanded its business with Prologis by signing a new lease agreement for 5,300 sqm at Prologis Park Budapest-Harbour. Colliers supported the transaction.

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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