News Lion’s Head enters Bulgaria’s industrial market with €71 million deal

Lion’s Head enters Bulgaria’s industrial market with €71 million deal

by Property Forum
Lion’s Head, a joint venture company between AG Capital and Old Mutual Property, signed a contract for acquiring BPD – a logistics and industrial properties investment company. This is the biggest deal in the sector for the last years with an investment of €71.4 million.
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News SAP acquires Sofia office building for €49 million

SAP acquires Sofia office building for €49 million

by Property Forum
SAP is acquiring the newly built Class A office building Park Lane Office Center in Sofia for €49 million. The purchase price is equivalent to a 7.5% asset yield. This is the largest investment deal on the Bulgarian office property market so far in 2021
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News Bucharest office complex sold to Lion’s Head Investments

Bucharest office complex sold to Lion’s Head Investments

by Property Forum
Real estate developer Portland Trust and investment fund Ares Management have sold the Oregon Park office complex in Bucharest to Lion’s Head Investments, a joint-venture between South African investment fund Old Mutual Property and AG Capital, for an undisclosed sum.
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Latest news

New leases

  • In Designer Outlet Warsaw, after a break of several years, the Venezia brand store reappeared. The shop, which opened in a new concept, occupied a space of over 200 sqm.
  • Consulting and Training Consortium, owner of House of Skills and brands has extended its lease at Bolero Office Point 1 in Warsaw. The new lease agreement for 900 sqm of office space has been signed through 2030.
  • Delivery firm Cargus has leased 3,000 sqm for a new warehouse in CTPark Sibiu. Across Romania, Cargus has 20,000 sqm of warehouse spaces leased in CTP projects.

New appointments

  • Shay Baruch has taken over the role of LivUp CEO, succeeding Roee Shamir, who has decided to pursue new career challenges after completing a duration of 7 years in this position.
  • The Management Board of Polski Holding Nieruchomości S.A. has appointed Maciej Klukowski as a member of the Management Board for Real Estate Asset Management.
  • Maciej Kamiński joins the Axi Immo Services team as Head Of Business Development. His main task will be formulating and implementing business development strategies and negotiating and concluding contracts in the company's business area.


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