ARTICLES LABELLED WITH TAG CBRE

News Korean investor buys KPMG HQ building in Prague
10
Jan
2019

Korean investor buys KPMG HQ building in Prague

by Property Forum
ZFP Investments has sold the Florenc Office Center, commonly known as the KPMG HQ building, in Prague, to Shinhan Investment Corp, a Korean based investment manager. CBRE represented the vendor in the sale of the asset. The transaction constitutes the first direct real estate investment in the Czech Republic by a Korean investor.
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News Tatra Asset Management buys nine retail parks in Slovakia
03
Jan
2019

Tatra Asset Management buys nine retail parks in Slovakia

by Property Forum
Tatra Asset Management (TAM) has acquired a portfolio of nine regional retail parks in Slovakia. The seller, which was represented by CBRE, is KLM Real Estate (KLMre). The transaction also includes the pre-emptive right for other retail parks that the developer is currently preparing.
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News European markets continue to build momentum despite global uncertainty
17
Dec
2018

European markets continue to build momentum despite global uncertainty

by Property Forum
The European property sector is expected to grow and bring new opportunities, despite continued downside risks, according to CBRE’s 2019 EMEA Market Outlook report.
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News Health & Beauty to drive Hungary’s retail market
10
Dec
2018

Health & Beauty to drive Hungary’s retail market

by Property Forum
Retailer demand for physical store space will remain steadfast throughout a number of key retail markets over the next five years, with the Health and Beauty sector leading the way in driving future growth requirements according to global real estate advisor CBRE.
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News German investment funds don’t rule CEE anymore
16
Nov
2018

German investment funds don’t rule CEE anymore

by Property Forum
German funds have always been one of the main players on the investment market in Poland and the CEE region. However, in recent years their share in transaction volume has been decreasing. Currently, they stand at around 15% of the total value invested annually. New entrants from the USA, Asia and South Africa have increased competition for commercial property in the region. Poland and the Czech Republic are still the CEE markets of choice for German investors seeking to locate their capital in commercial real estate.
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News Immofinanz acquires eight retail parks in SEE
15
Nov
2018

Immofinanz acquires eight retail parks in SEE

by Property Forum
Immofinanz is driving the expansion of its Stop Shop retail park brand and has now purchased eight retail parks in Slovenia, Serbia and Croatia. The purchase price totals approximately €90.5 million. The newly acquired properties are fully rented and generate an annual rental income of roughly €7.2 million, which represents a gross return of 8.0%. These transactions increase Immofinanz’s Stop Shop portfolio to 80 locations in nine countries with over 567,000 sqm of rentable space and a carrying amount of approx. €800 million. Further acquisitions are currently under evaluation, and two Stop Shops in Poland and Serbia are now in the active development phase.
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News €1.7 billion investment volume forecasted for Hungary in 2018
09
Nov
2018

€1.7 billion investment volume forecasted for Hungary in 2018

by Property Forum
According to CBRE, the global property investment volume increased 3.6% year-to-date (YTD), compared to the same period of last year, with Q3 up by 1.2% (in fixed exchange rates). Taking account of last year’s strong appreciation of the U.S. dollar, global investment volume grew by a greater 5.9% YTD.
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News CBRE Hungary favours RICS accreditation
29
Oct
2018

CBRE Hungary favours RICS accreditation

by Property Forum
RICS is considered the world’s preeminent qualification and standard-setting body for land, property and construction, with more than 125,000 members practicing in more than 146 countries over the world. Employing RICS professionals offers companies a label of excellence and trust, as they follow the highest standards and best practices in the real estate business. CBRE Hungary employs 14 RICS accredited personnel specialising in different areas.
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News Logistics companies in Poland are more confident than ever
25
Oct
2018

Logistics companies in Poland are more confident than ever

by Property Forum
A recent report by CBRE and Panattoni Europe confirms a sustained positive outlook for the logistics market in Poland. The Logistics and Supply Chain Confidence Index in Poland stands at 57.4 pts (3.3 pts down from last year). Optimism is higher among logistics companies (64.1 pts) than among manufacturers and traders relying on logistics services (50.4 pts). What is more, as many as 8 out of 10 respondents expect to increase their revenues in the coming 12 months, and 6 out of 10 plan to increase headcount.
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News Goldman Sachs buys Budapest office building
22
Oct
2018

Goldman Sachs buys Budapest office building

by Property Forum
Goldman Sachs has purchased the Science Park office building in Budapest from an undisclosed buyer. CBRE represented the seller and Cushman & Wakefield advised the buyer in the transaction, the two firms announced on LinkedIn.
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Latest news


New leases

  • Hexing Technologies Europe has leased 8,000 sqm for a new production plant in Globalworth Timisoara Industrial Park I. The lease deal was brokered by CBRE.
  • Eolus Poland, a renewable energy developer from Sweden, will become one of the tenants of LIFE Building. It will soon occupy nearly 300 sqm of the office building located in Warsaw's Wola district.
  • Polcast Media group, the owner of Polonia 1 TV, has signed a lease for approximately 500 sqm of office space at Trinity One in Warsaw. Located in Warsaw's Służewiec district, Trinity One is part of Revetas Capital's portfolio.

New appointments

  • Avison Young has named Adrian Crizbășianu, former executive at DB Schenker and VGP, as the new Head of Industrial & Logistics Agency. He has an extensive background in logistics and real estate spanning over 25 years.
  • Katarzyna Uzar joins the Valuation and Advisory team at Avison Young in Poland to take on the position of Assistant Valuer. She will support the team in creating offers and letters of appointment for valuation and will help property valuers throughout the valuation process.
  • Bartosz Chrostowski, an expert with almost 10 years of experience in commercial property, has joined real estate advisory firm Savills as an Associate Director of the landlord representation team of the office agency led by Daniel Czarnecki.

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