ARTICLES IN Investment  TOPIC

News Futureal raises €150 million in green bonds
23
Mar
2021

Futureal raises €150 million in green bonds

by Property Forum
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary's (MNB) Bond Funding for Growth Scheme (BGS). The company received bids worth HUF 59.92 billion for the bonds, which have a nominal value of HUF 50 billion. Futureal subsequently sold HUF 55 billion (approximately €150 million) of the bonds, for one of the largest issues under the BGS scheme. Futureal Group is currently developing projects with a gross space of more than 1 million sqm in Hungary. 
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News Fidurock expands residential portfolio in Prague
22
Mar
2021

Fidurock expands residential portfolio in Prague

by Property Forum
In March 2021, Czech-Dutch investment company Fidurock has added a new asset to its residential portfolio in Prague.
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News Yareal sells Warsaw office complex to Amundi Real Estate
22
Mar
2021

Yareal sells Warsaw office complex to Amundi Real Estate

by Property Forum
Yareal has sold two office buildings forming the Neopark campus complex in Warsaw's Mokotów district to a French fund managed by Amundi Real Estate.
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News GTC acquires Budapest office building
22
Mar
2021

GTC acquires Budapest office building

by Property Forum
GTC has decided to extend its Hungarian portfolio with the Váci Greens D office building in Budapest. The transaction is partially financed from the green bonds issued in 2020 and is in line with the Group strategy to invest in a sustainable portfolio of commercial buildings located in the CEE capitals.
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News Local investor buys mixed-use building in Košice
19
Mar
2021

Local investor buys mixed-use building in Košice

by Property Forum
The InTeFi investment group has become the majority owner of the Cassovar Business Center I building in Košice following a €30 million acquisition. The building comprises 13,500 sqm of office space and a 7,000 sqm shopping gallery.
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News Heimstaden buys residential portfolio in Plzeň
18
Mar
2021

Heimstaden buys residential portfolio in Plzeň

by Property Forum
Swedish company Heimstaden, the third-largest provider of rental housing in Europe, continues its investments in housing in the Czech Republic. The company, which bought Residomo with 42,500 apartments mainly in the Moravian-Silesian Region last year, is now expanding its portfolio with a €22.7 million acquisition in Plzeň from Czech developer Daramis.  The new assets include 226 flats and 5 non-residential premises.
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News Echo Investment placed bonds worth PLN 195 million
18
Mar
2021

Echo Investment placed bonds worth PLN 195 million

by Property Forum
Institutional investors have acquired Echo Investment's bonds with a total value of PLN 195 million. The obtained funds will be allocated to the company's development, particularly in the promising residential sector.
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News Cordia buys office space in Birmingham for new UK HQ
18
Mar
2021

Cordia buys office space in Birmingham for new UK HQ

by Property Forum
Hungary-based residential developer Cordia International Zrt. continues its international expansion strategy. After acquiring UK developer Blackswan last year, the company has announced the acquisition of a new office space in the heart of the Jewellery Quarter, Birmingham, England, which will become Cordia Blackswan’s UK headquarter. The property developer is set to refurbish and move into a former branch of Lloyds bank. The historical building will not only be home to Cordia Blackswan, but it will also offer modern office and co-working spaces.
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News Passerinvest Group sells Ostrava building to local investor
17
Mar
2021

Passerinvest Group sells Ostrava building to local investor

by Property Forum
Passerinvest Group has sold the Nová Karolina Park office building in the centre of Ostrava. The new owner is locally based investment group RT TORAX Group.
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News Bucharest land market reached €194 million in 2020
16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019, according to Cushman & Wakefield Echinox.  
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Latest news


New leases

  • The Hungarian branch of Tech Mahindra has prolonged its lease in the CityZen office building in Budapest. OTIS Group has also signed an extension of its lease on the same property.
  • Poland's only concept store of the fashion brand PRM can now be visited at Fabryka Norblin, a complex in the Capital Park Group's portfolio in Warsaw. The PRM store occupies an area of nearly 600 sqm.
  • Douglas is opening its 150th perfumery in Poland, in Galeria Starówka in Leszno (western Poland). The new perfumery occupies an area of 196 sqm and is the second perfumery in the city.

New appointments

  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.

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