ARTICLES LABELLED WITH TAG bmo-rep
29
Nov
2017
Nov
2017
CBRE manages Prague department store
CBRE has been given a new mandate for the management of a retail, office and residential building in Wenceslas Square in Prague, where Van Graaf department store is the majority tenant. The change of the building manager occurred as part of its sale. The new owner is a fund managed by BMO Real Estate Partners, part of the Bank of Montreal.
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11
Oct
2017
Oct
2017
BMO REP acquires Prague department store
BMO Real Estate Partners announced the purchase of a high end department store in Prague, which is occupied by Van Graaf, on behalf of its pan-European retail property investment fund. BMO Real Estate Partners acquired the building from MTK Developments, a Vienna-based European real estate firm specialising in value-add investments.
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Latest news
- Bucharest secures €29.7 million loan for historical buildings upgrades
- Mindspace Romania posts average occupancy rate of 80% in 2025
- Generali and SCF close retail deal in Czech Republic
- Panattoni starts new BTS project in Małopolska region
- Czech Republic launches €76 million affordable housing fund
- Strabag gets building permit for Bratislava resi project
- Panattoni sells distribution centre in Koluszki to DL Invest Group
- ESG under scrutiny as investors, banks and tenants raise the stakes
- Fiege expands to 51,000 sqm at Panattoni Park Moson
- Asian capital drives Central Europe property boom
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
