ARTICLES LABELLED WITH TAG Avestus Real Estate

News Imagine office complex in Wrocław to be refinanced
23
Jan
2024

Imagine office complex in Wrocław to be refinanced

by Property Forum
Avestus Real Estate has signed a loan agreement to refinance the Imagine office complex in Łódź. The loan for a total of €23.9 million was provided by mBank S.A.
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News Infinity office building in Wrocław is ready for use
17
Jul
2023

Infinity office building in Wrocław is ready for use

by Property Forum
The Infinity office building at ul. Legnicka 16 in Wrocław, near pl. Jana Pawła II, has received its final occupancy permit, which means that soon the complex offering almost 22,000 sqm of leasable area will welcome its first tenants. 
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News Development is all about managing risks
18
Feb
2022

Development is all about managing risks

by Michał Poręcki
Development margins in Poland have been under pressure in recent years which is taking effect in a smaller number of projects under construction with planned occupancy dates in 2022 and 2023. Property Forum talked to Mariusz Frąckiewicz, Country Director at Avestus Real Estate Poland about the post-Covid office market in Poland, the impact of inflation and surging land prices.
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News Avestus establishes new brand for Czech residential developments
25
Oct
2021

Avestus establishes new brand for Czech residential developments

by Property Forum
As part of the restructuring of the Avestus Real Estate business, a new residential development entity, SHD Real Estate (SHD) has been established. The new company will continue to work on residential opportunities with a remit to develop across all residential sectors, including residential for rent and student accommodation. SHD will be operated and managed by the original Avestus Real Estate residential team based in Prague and they will be investing in opportunities across the country. Avestus will continue to focus on its existing commercial development portfolio, the latest project under construction being the Infinity office complex in Wroclaw.
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News Avestus selects general contractor for Wrocław office building
25
May
2021

Avestus selects general contractor for Wrocław office building

by Property Forum
Avestus Real Estate has selected the general contractor for the Infinity office building in Wrocław. Comprehensive implementation of the project to be developed at Jana Pawła II Square (at the junction of Legnicka and Nabycińska streets) will be the responsibility of Eiffage Polska Budownictwo S.A. The investment with a total lease area of almost 22,000 sqm is scheduled to be completed in Q1 2023.
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News Construction of Infinity in Wrocław has begun
05
Mar
2021

Construction of Infinity in Wrocław has begun

by Property Forum
The construction of a slurry wall as part of the construction of the Infinity office building in Wrocław has begun. The office project, which is being developed in the very heart of Wrocław, at John Paul II Square (the junction of Legnicka and Nabycińska Streets), will offer in total almost 22,000 sqm of leasable area. Eiffage Polska Budownictwo S.A. is responsible for the implementation of the current stage of works. The investment is scheduled to be completed in Q1 2023.
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News Avestus Real Estate opens Łódź office complex
04
Oct
2019

Avestus Real Estate opens Łódź office complex

by Property Forum
It took 17 months for Avestus Real Estate to develop the construction of the Imagine complex at the intersection of Al. Piłsudskiego and Al. Śmigłego-Rydza in Łódź.
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News Łódź office complex tops out
20
Dec
2018

Łódź office complex tops out

by Property Forum
The Imagine office complex in Łódź is entering its final phase of development. Buildings A and B feature the symbolic topping out, which means that the highest construction point has been reached. The investment carried out by Avestus Real Estate at the intersection of Piłsudskiego and Śmigłego-Rydza avenues in Łódź will be ready to receive tenants in Q3 2019.
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News Avestus and Tristan start Wrocław office development
14
Nov
2018

Avestus and Tristan start Wrocław office development

by Property Forum
Construction has begun at Infinity, a modern office project developed jointly by Avestus Real Estate and European Property Investors Special Opportunities 4 (EPISO 4), a fund advised by Tristan Capital Partners. Located in the very centre of Wrocław at John Paul II Square (at the intersection of Legnicka and Nabycińska Streets), Infinity will offer 22,036 sqm of lettable area. The ground works have commenced with completion of the building scheduled for Q3 2020.
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News JLL selected as exclusive agent for Wroclaw project
18
Apr
2018

JLL selected as exclusive agent for Wroclaw project

by Import Sys
JLL has been selected as the exclusive leasing agent for Infinity - an office scheme in Wrocław which will offer over 22,000 sqm of space. Avestus Real Estate and Tristan Capital Partners are responsible for the execution of the investment.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.

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