AG Capital has appointed Pavlin Petkov as CEO. Petkov brings over 25 years of international experience across the US, Western and Eastern Europe in private equity, insurance, banking, and pension fund management.

While in the 90s many companies have opened offices in several city districts, today they are trying to rationalise costs by divesting older buildings. Among the sellers is the insurance company Allianz, which thus has sold its 2 buildings in Bratislava, reports YIMBA.sk.

As of November this year, Multi Corporation has been appointed the new property and asset manager for the shopping centre Central in Bratislava, the company announced.

Allianz Real Estate intends to invest as much €500 million in CEE property over the next two years, according to a Bloomberg article.

Allianz Real Estate has opened a new office in Vienna and appointed a new director to help strengthen the company’s presence across the region. Thomas Villadsen was named Director of Austria and Central & Eastern Europe (CEE).

The Platinium 3 office building, managed by Allianz Real Estate, has received a LEED Gold certificate, confirming comfortable working conditions and energy efficiency. The certification process was conducted by Colliers International.

CTP Group, Allianz Group and ING Bank have signed a new €160 million syndicate loan for the financing of a portfolio of industrial properties in the Czech Republic. This loan serves both to refinance existing loans from a group of CEE banks and to finance new projects which have been completed in 2017. The refinancing with Allianz and ING is part of CTP´s ongoing strategy to extend its network of financing partners, including seeking partners outside the CEE region.