News - Foster + Partners and JTRE establish winery in Bordeaux
01
Dec
2021

Foster + Partners and JTRE establish winery in Bordeaux

by Property Forum
The ribbon has been cut on the new Le Dôme winery in the historic Saint-Émilion village in Bordeaux, France's most famous wine region. Designed by British architectural studio Foster + Partners, the winery building’s project manager is JTRE.
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News - Prime Kapital opens two new shopping centres in Romania
30
Nov
2021

Prime Kapital opens two new shopping centres in Romania

by Property Forum
Property developer Prime Kapital will open two new shopping centres in Romania by the end of this week. Bârlad Value Centre, with a leasable area of around 20,000 sqm, opens for shoppers on November 30, while Prahova Value Centre in Ploiești, which spans 25,200 sqm, will open on December 3. 
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News - Focus Estate Fund secures €13.5 million loan for Polish expansion
26
Nov
2021

Focus Estate Fund secures €13.5 million loan for Polish expansion

by Property Forum
Focus Estate Fund has signed a loan agreement with BNP Paribas Bank Polska for €13.5 million. The funds will be used to increase the Polish portfolio of FEF, as well as for further improvements at three fund’s properties in Poland. It refers to Eden Retail Park in Zgorzelec (GLA - 9,537 sqm), Galeria Sandomierz in Sandomierz (GLA - 4,383 sqm) and Galeria Awangarda in Bartoszyce (GLA - 6,056 sqm). This is not the first deal with BNP Paribas Bank Polska, the bank has already financed the Fund's assets.
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News - Galeria Andrychów near Kraków welcomes its first clients
25
Nov
2021

Galeria Andrychów near Kraków welcomes its first clients

by Property Forum
The joint venture by Acteeum Group and Equilis Europe is the largest retail park opened this year in Poland. The inaugural ceremony of the 24,000 sqm development was held on November 25th.
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News - Auchan added in Iulius’ Family Market projects in Iași
25
Nov
2021

Auchan added in Iulius’ Family Market projects in Iași

by Property Forum
Romanian developer Iulius says that retail operator Auchan will have anchor supermarkets in the Family Markets projects developed near Iași.
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News - How are retail tenants doing today?
19
Nov
2021

How are retail tenants doing today?

by Property Forum
The pandemic has spared no business, with its consequences most strongly felt by the retail sector, including tenants in shopping centres, retail parks and high streets. Global real estate services firm Cushman & Wakefield examines the situation of retail tenants in its latest report “Is Confidence Returning to the Retail Market?”. 
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News - Immofinanz completes €7 million overhaul of VIVO! Baia Mare
19
Nov
2021

Immofinanz completes €7 million overhaul of VIVO! Baia Mare

by Property Forum
Real estate group Immofinanz says it has reopened over 10,000 sqm of leasable space in VIVO! Baia Mare and added new retailers as part of an investment of €7 million in overhauling the shopping centre.
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News - Wing to rebrand Budapest shopping centre
17
Nov
2021

Wing to rebrand Budapest shopping centre

by Property Forum
The former EuroCenter shopping centre, currently being rebuilt by Wing, will be renamed GOBUDA Mall after the renovation. The building will re-open in the spring of 2022 according to plans.
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News - Mitiska REIM expands Romanian retail portfolio
16
Nov
2021

Mitiska REIM expands Romanian retail portfolio

by Property Forum
Property developer Mitiska REIM has opened a new retail park in Baia Mare and inaugurated an extension of another retail project in Mediaș. The development activity was carried out in partnership with Square 7 Properties. 
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News - Catinvest to add 7,200 sqm in Craiova-based shopping mall
11
Nov
2021

Catinvest to add 7,200 sqm in Craiova-based shopping mall

by Property Forum
French real estate group Catinvest will add 5,500 sqm retail space, 1,200 sqm for a shared open-air terrace for the food court and a new playground of 500 sqm in Electroputere Mall, located in Craiova. 
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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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