ARTICLES LABELLED WITH TAG Budimex

News Budimex Nieruchomości becomes Spravia
15
Jun
2021

Budimex Nieruchomości becomes Spravia

by Property Forum
Budimex SA has signed the final sales agreement of Budimex Nieruchomości. Therefore, the private equity investment firm Cornerstone Partners and Czech development group Crestyl took over the entire shareholding of the company.  This is the biggest acquisition in Poland and Central and Eastern Europe since the outbreak of COVID-19 pandemic. The next stage is changing the name of the company - Budimex Nieruchomości is now Spravia.
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News Crestyl and Cornerstone complete Budimex acquisition
25
May
2021

Crestyl and Cornerstone complete Budimex acquisition

by Property Forum
Czech real estate developer and investor Crestyl, together with investment management firm Cornerstone Partners, completed the acquisition of Polish residential developer Budimex Nieruchomości. Budimex Nieruchomości was a subsidiary of Poland's largest construction group, Budimex SA, owned by the Spanish infrastructure giant Ferrovial.
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News Heimstaden buys residential portfolio in Poland from Budimex
25
May
2021

Heimstaden buys residential portfolio in Poland from Budimex

by Property Forum
Heimstaden subsidiary, Heimstaden Bostad AB, is to buy a newly-built residential portfolio with 2,496 homes in Poland for €305 million (SEK 3.1 billion) from leading Polish residential development company, Budimex.
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News Vastint launches new phase of Gdynia mixed-use project
29
Mar
2021

Vastint launches new phase of Gdynia mixed-use project

by Property Forum
Vastint Poland has signed a contract with Budimex SA for general contracting services for the initial part of the second phase of the Waterfront complex in Gdynia. The planned investment will be built on Hryniewickiego Street, in the vicinity of Kościuszko Square, and will comprise the construction of four buildings totalling ​​45,000 sqm including underground garages. The general contractor plans to start construction in May of this year, with the investment scheduled for completion in 2023.
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News Cornerstone Partners and Crestyl buy Budimex Nieruchomości
22
Feb
2021

Cornerstone Partners and Crestyl buy Budimex Nieruchomości

by Property Forum
Cornerstone Partners, a corporate and real estate private equity investment manager, together with Crestyl Group, a Czech leader in developing multi-purpose real estate projects, have entered into a contract to buy Polish residential developer Budimex Nieruchomości. Other partners participating in the deal include blue-chip financial investors. The conclusion of the transaction is subject to approval from Poland's Anti-Monopoly Office.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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