05
Apr
2022
Apr
2022
C&W Echinox to manage Funshop Park Timișoara
Property consultancy Cushman & Wakefield Echinox has taken over the management of Funshop Park developed by Polish company Scallier in Timișoara.
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28
Mar
2022
Mar
2022
Capital Park presents its first sustainability report
The year 2021 was a breakthrough for the Capital Park Group. The company completed the revitalisation of its flagship investment project, the Norblin Factory in Warsaw’s Wola district. The Capital Park Group generated a consolidated net profit of PLN 245.6 million. The Group decided to publish its first sustainable development report.
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24
Mar
2022
Mar
2022
Wing reopens Budapest shopping centre after refurbishment
The former EuroCenter was transformed into a modern shopping centre with a leasable area of 25,000 sqm, accommodating 100 stores and a service function.
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24
Mar
2022
Mar
2022
CREAM Property Advisors to lease Galeria Bemowo in Warsaw
CREAM Property Advisors is now responsible for leasing the retail space of the Galeria Bemowo shopping centre in Warsaw.
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23
Mar
2022
Mar
2022
NEPI Rockcastle rolls out humanitarian campaign for Ukraine
Property group NEPI Rockcastle has launched the “Donate for the Ukrainian people” campaign, conducted through SPOT, the mobile loyalty application of the company.
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18
Mar
2022
Mar
2022
URW malls in Warsaw get BREEAM "Excellent" cerificates
Unibail-Rodamco-Westfield has been awarded BREEAM In-Use v.6 for its Westfield Arkadia, Galeria Mokotów and Galeria Wileńska shopping centres in Warsaw, all of which were rated as ‘Excellent’ for asset performance.
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08
Mar
2022
Mar
2022
Scallier’s project in Focșani secures BREEAM certificate
Polish developer Scallier has obtained the BREEAM certificate at the Excellent level for its retail park that was opened last November in Focșani.
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24
Feb
2022
Feb
2022
Fashion House Group expands Bucharest outlet centre
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest.
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23
Feb
2022
Feb
2022
Lidl to open store on Prague's high street
Lidl, the discount grocery chain, plans a store on Prague's Na Příkopě street. It will use the premises of a historic building, the former headquarters of the Czechoslovak Commercial Bank. The grocery store will be located next to the Hamleys toy store. Lidl expects to open a new store in the middle of the year, the Czech News Agency (ČTK) reports. Na Příkopě Street ranks around 20th in Cushman & Wakefield's ranking of the world's most expensive streets.
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18
Feb
2022
Feb
2022
Indotek Group reduces CO2 emissions of portfolio
Hungarian investment and property management company Indotek Group has launched 16 energy efficiency projects with a total worth of €1.4 million (HUF 500 million) to modernize its shopping centres and office buildings.
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Latest news
- €20 million Bucharest resi project enters advanced construction stage
- Danubius brings Radisson Individuals brand to Hungary
- GTC reshuffles Polish leadership under new sector-based structure
- MLP Group taps bond market for another €100 million in green notes
- Eastnine doubles down on Warsaw with €300 million deal
- Speedwell breaks ground on new SME warehouse near Bucharest
- Hungary's Faedra Group makes its Polish debut in Warsaw
- Scope upgrades WING's outlook after 53% revenue surge
- What does the global real estate industry really think about Ukraine?
- Bucharest housing bounces back
New leases
- 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.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
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.
