News - UBM completes timber resi project in Prague
27
Jun
2024

UBM completes timber resi project in Prague

by Property Forum
UBM Development Czechia is completing the Timber Praha residential project, the first sustainable timber apartment building in Prague. Unlike multi-storey foreign projects, this one has reached a height of four floors, i.e. 12 meters of fire height.
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News - We Rent Communities expands Bucharest portfolio
27
Jun
2024

We Rent Communities expands Bucharest portfolio

by Property Forum
Built-to-Rent specialised investor We Rent Communities has completed a new residential building with 81 apartments for rent in Bucharest. The development has a gross value of more than €15 million.
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News - Investors in northern Bucharest go for 2-bedroom apartments
26
Jun
2024

Investors in northern Bucharest go for 2-bedroom apartments

by Property Forum
The northern part of Bucharest is popular among investors due to the attractive yields that can be generated by residential projects.
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News - Palmovka in Prague gets closer to transformation
25
Jun
2024

Palmovka in Prague gets closer to transformation

by Property Forum
The transformation of the so-called Pentagon in Palmovka district in Prague 8 has moved closer to reality. The Prague city deputies have approved a change to the city master plan this week, enabling the coordinated urban development of this area.
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News - Lucron launches sale in Bratislava resi project
24
Jun
2024

Lucron launches sale in Bratislava resi project

by Property Forum
Developer Lucron is launching the sale of apartments in a new stage of its residential project on the outskirts of Bratislava - Nesto Prime. Low-rise buildings in the middle of existing greenery are comprising 60 apartments.
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News - HILS Development rolls out edutainment project in Bucharest
24
Jun
2024

HILS Development rolls out edutainment project in Bucharest

by Property Forum
Romanian developer HILS Development has designed a space simulating the development of a residential project within Bucharest-based edutainment project Destiny Park.
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News - Star Group adds new phase to Prague resi district
24
Jun
2024

Star Group adds new phase to Prague resi district

by Property Forum
The developer Star Group is launching the construction of ten residential villas in Prague 8 - Dolní Chabry according to the design of the architectural office Loxia. The developer has released 120 apartments as part of the pre-sale, 40% of which is now gone.
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News - UBM heads to completion of resi project in Prague
21
Jun
2024

UBM heads to completion of resi project in Prague

by Property Forum
The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.
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News - STC Partners secures €10 million financing for Bucharest resi project
20
Jun
2024

STC Partners secures €10 million financing for Bucharest resi project

by Property Forum
STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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News - Prime Kapital to deliver second phase of resi project near Bucharest in 2025
19
Jun
2024

Prime Kapital to deliver second phase of resi project near Bucharest in 2025

by Property Forum
Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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