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News URW rumoured to sell Bratislava shopping centre to Wood & Company
04
Dec
2020

URW rumoured to sell Bratislava shopping centre to Wood & Company

by Property Forum
Current owner Unibail-Rodamco-Westfield is reportedly planning to sell the Aupark shopping centre in Bratislava and is currently in the final talks with Czech investment group Wood & Company, according to index.sme.sk. The potential new owner is allegedly interested in purchasing the asset for around €500 million.
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News Immofinanz sells 3 ha land in Brașov
30
Nov
2020

Immofinanz sells 3 ha land in Brașov

by Property Forum
Immofinanz has sold another 3 ha plot of the former IUS industrial platform in Brașov, to an undisclosed real estate developer. The price is estimated at around €7 million, according to economica.net.
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News ELI acquires warehouses and development land in Wrocław
30
Nov
2020

ELI acquires warehouses and development land in Wrocław

by Property Forum
European Logistics Investment BV (ELI) has acquired two warehouse facilities located in Wrocław. ELI, together with its partner Panattoni, plans to further develop the site in order to deliver City Logistics Wrocław North totalling 45,000 sqm of logistics space.
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News Generali Real Estate completes Prague office acquisition
30
Nov
2020

Generali Real Estate completes Prague office acquisition

by Property Forum
Generali Real Estate S.p.A. has completed the acquisition of International Business Centre (IBC), an office building in Prague, from Mint Investments, on behalf of the pan-European “Generali Real Estate Core Plus” fund managed by Generali Real Estate S.p.A Società di gestione del risparmio.
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News CTP buys Bucharest asset in leaseback transaction
30
Nov
2020

CTP buys Bucharest asset in leaseback transaction

by Property Forum
Businessman Dan Șucu has sold the logistics centre of furniture and decoration retailer Mobexpert, located near Bucharest, to developer CTP in a "sale-and-leaseback" transaction valued at about €14 million, profit.ro reports. Mobexpert will remain the long-term tenant of the building.
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News Kaufland and Lidl to acquire 3 ha land plot in Bucharest
27
Nov
2020

Kaufland and Lidl to acquire 3 ha land plot in Bucharest

by Property Forum
SIF Banat - Crișana has agreed to sell approximately 3 ha of land at the site of the former Filan factory in the Pantelimon district of Bucharest to German retailers Kaufland and Lidl for about €12 million, profit.ro reports. This sum is 60% higher than what the fund paid for the property in 2019.
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News Palmira launches €650 million European logistics fund
24
Nov
2020

Palmira launches €650 million European logistics fund

by Property Forum
Palmira Capital Partners, one of the leading sector specialists in European logistics and industrial properties, has launched the Palmira European Core Logistics Fund.
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News LCP Properties acquires retail park in Siedlce
23
Nov
2020

LCP Properties acquires retail park in Siedlce

by Property Forum
The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to British investor LCP Properties. The seller was represented by Avison Young investment team throughout the transaction.
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News Supernova acquires shopping centre in Pitești
20
Nov
2020

Supernova acquires shopping centre in Pitești

by Property Forum
Austrian retail investor Supernova has acquired the Jupiter City shopping centre in the Romanian city of Pitești from local company Mall Retail Rom, owned by Israeli concern Jupiter Group. The value of the transaction hasn't been disclosed, but the transaction was said to be "distressed" with a price estimated to be below €20 million.
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News Panattoni acquires Wrocław asset from Aviva Investors
18
Nov
2020

Panattoni acquires Wrocław asset from Aviva Investors

by Property Forum
Wrocław Business Park has been acquired by Panattoni from Aviva Investors, the global asset management business of Aviva plc. The seller was represented by the Avison Young investment team throughout the transaction.
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Latest news


New leases

  • The Lux Med Group will join the ranks of the Fabryczna Office Park complex being developed by the Inter-Bud Group as part of the Fabryczna City project - an omni-functional investment being built on Aleja Pokoju in Krakow. The lease agreement between Lux Med Group and Inter-Bud Group was signed for over 1.7 thousand sqm.
  • The group of tenants of Dekada Nysa (southwestern Poland) is expanding. Family Pets & Zoo will occupy a 258 sqm showroom, where it will offer a wide selection of food, supplements for dogs and cats, cosmetics, toys and many other pet products.
  • Flexion Mobile Plc's Hungarian branch has chosen traditional long-term office leasing over previously used serviced office rental and is moving to the ZenGarden office building in Budapest.

New appointments

  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
  • Dominika Bombik has taken up the position of Marketing and Communications Director at BPI Real Estate Poland. She will be responsible for the creation and implementation of marketing activities for the residential property product portfolio and the developer's image on the Polish market.

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