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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News - AFI Europe joins Warsaw project as co-investor
24
Feb
2022

AFI Europe joins Warsaw project as co-investor

by Property Forum
AFI Europe, an international investment group, is to buy shares in the Towarowa 22 project in Warsaw. AFI Europe and Echo Investment will jointly develop the commercial part of this complex. Echo Investment will independently be the investor of the residential part and the developer of the entire project.
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News - KGAL buys Charles Square Center in Prague
24
Feb
2022

KGAL buys Charles Square Center in Prague

by Property Forum
KGAL has acquired Charles Square Center, a multi-tenant office property in downtown Prague, from Commerz Real, the company announced today.
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News - Crestyl expands portfolio by resi scheme in Prague
23
Feb
2022

Crestyl expands portfolio by resi scheme in Prague

by Property Forum
Red Group has sold most of its residential project in Prague 5 to development company Crestyl. It retained only one apartment building out of five buildings. The project should include a total of 200 housing units, ThePrime reports. The value of the acquisition and other plans of the new owner are not yet known. 
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News - Omer Susli buys shopping mall in Râmnicu Vâlcea
22
Feb
2022

Omer Susli buys shopping mall in Râmnicu Vâlcea

by Property Forum
Property investor Omer Susli has purchased River Plaza Mall in Râmnicu Vâlcea from Sonae Sierra for an undisclosed sum.
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News - Biggeorge Property buys logistics park near Budapest
22
Feb
2022

Biggeorge Property buys logistics park near Budapest

by Property Forum
LogStar, the industrial division of local investor Biggeorge Property, has acquired the WestGate Business Park, an 18,000 sqm industrial facility, from Logicor. The seller was represented by CBRE. The price of the transaction was not disclosed.
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Latest news


New leases

  • 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.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

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.

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