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News Golub GetHouse and Mennica Polska obtain €130 million loan
10
Jan
2019

Golub GetHouse and Mennica Polska obtain €130 million loan

by Property Forum
Golub GetHouse and Mennica Polska S.A. obtained financing for subsequent stages of the construction of Mennica Legacy Tower in Warsaw. More than €130 million of construction credit was granted by a consortium of three banks.
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News GTC refinances three projects with €95 million of loans
07
Jan
2019

GTC refinances three projects with €95 million of loans

by Property Forum
Just before the end of 2018, GTC S.A. signed €94.6 million new loan agreements certifying the financial solidity of the company. The refinancing was granted to three prime projects of the developer and asset manager – GTC White House in Budapest, FortyOne in Belgrade, and Artico in Warsaw.
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News CTP completes first phase of Brno redevelopment project
03
Jan
2019

CTP completes first phase of Brno redevelopment project

by Property Forum
CTP completed the first three buildings in its brownfield redevelopment project Vlněna, located in central Brno. FGH, a complex of three buildings offering some 18,000 sqm, is already largely leased.
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News Futureal hands over first phase of Budapest office building
20
Dec
2018

Futureal hands over first phase of Budapest office building

by Property Forum
The final group of tenants has moved in to the first phase of Advance Tower, Futureal Group’s new office building on the Váci Road office corridor in Budapest, Hungary. The building, designed to support the health and comfort of over 1,400 employees, offers a GLA of 12,000 sqm. The second phase of the development is now structurally complete with handover expected in H2 2019.
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News Łódź office complex tops out
20
Dec
2018

Łódź office complex tops out

by Property Forum
The Imagine office complex in Łódź is entering its final phase of development. Buildings A and B feature the symbolic topping out, which means that the highest construction point has been reached. The investment carried out by Avestus Real Estate at the intersection of Piłsudskiego and Śmigłego-Rydza avenues in Łódź will be ready to receive tenants in Q3 2019.
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News Wrocław’s office market grows rapidly
20
Dec
2018

Wrocław’s office market grows rapidly

by Property Forum
Wrocław is the third largest state-of-the-art office market in Poland (after Warsaw and Kraków) and one of the fastest developing office locations in the country. JLL summarized the current situation on the Wrocław office market.
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News Speedwell invests €40 million in Cluj-Napoca mixed-use project
12
Dec
2018

Speedwell invests €40 million in Cluj-Napoca mixed-use project

by Property Forum
Belgian real estate developer Speedwell is investing €40 million in a mixed-use project in the Romanian city of Cluj-Napoca.
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News Erste Group to invest €25 million in Belgrade project
06
Dec
2018

Erste Group to invest €25 million in Belgrade project

by Property Forum
Erste Group has laid the cornerstone of the second phase of the Sirius Offices business complex in Belgrade which will include the construction of 12,500 square metres of space over eight floors and a parking lot for 200 vehicles. Erste plans to invest €25 million in the second phase of the project. The building will be completed by the middle of 2020.
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News EIB invests in Szczecin mixed-use complex
06
Dec
2018

EIB invests in Szczecin mixed-use complex

by Property Forum
Polish developer Porto was granted a €29 million loan by the European Investment Bank via Bank Gospodarstwa Krajowego (BGP) for the construction of a mixed-use complex in Szczecin. Thanks to the application of pro-ecological technology, Posejdon will reduce CO2 emissions up to even 76% compared to a similar building constructed using a traditional technology.
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News Bulgaria's BREF receives permit for Sofia office building
06
Dec
2018

Bulgaria's BREF receives permit for Sofia office building

by Property Forum
Bulgarian Real Estate Fund received permission for the construction of a new building in the state-owned Science and Technology Park in Sofia.
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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