ARTICLES LABELLED WITH TAG CBRE

News Not the strongest Q1 for Prague’s office market
26
Apr
2018

Not the strongest Q1 for Prague’s office market

by Import Sys
Gross take-up (including renegotiations and subleases) on the Prague office market in the first quarter of 2018 amounted to 85,700 sqm, representing a decrease of 51% compared to the previous quarter and a decrease of 19% in year-on-year comparison. The Prague Research Forum announced the office market figures for Q1 2018.
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News CBRE brokers large factory deal in Romania
23
Apr
2018

CBRE brokers large factory deal in Romania

by Import Sys
CBRE brokered the sale of the 42-hectare land that where BSH Electrocasnice Manufacturing SRL, a Romanian subsidiary of BSH Hausgeräte GmbH, owned by Bosch Group, will build a washing machine factory. The land is located in Simeria, Hunedoara County.
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News More speculative development coming to the Czech market
12
Apr
2018

More speculative development coming to the Czech market

by Import Sys
In Q1 2018, industrial space totalling 181,900 sqm was completed across the Czech Republic, but speculative construction accounted only for 2% of all new developments. The Industrial Research Forum announced the preliminary industrial market figures for Q1 2018.
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News C&W enters Serbia and rebrands CBS International
05
Apr
2018

C&W enters Serbia and rebrands CBS International

by Import Sys
Cushman & Wakefield has signed an exclusive arrangement with CBS International as its affiliate in Serbia and Montenegro. The former CBRE affiliate has been rebranded to Cushman & Wakefield CBS International.
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News Bistrita Retail Park to open this spring
28
Mar
2018

Bistrita Retail Park to open this spring

by Import Sys
Bistrita Retail Park will be inaugurated in May 2018, Element Development, the park’s announced. The list of tenants for the nearly 8,000 sqm retail park include, among others, Carrefour Market, JYSK, Decathlon and Top Shop.
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News Industrial is the new favourite in Europe
22
Mar
2018

Industrial is the new favourite in Europe

by Import Sys
Industrial, and specifically logistics, is the most sought-after real estate sector for European investors, overtaking office for the first time, according to CBRE’s annual EMEA Investor Intentions Survey. In 2017 Paris, Madrid, Amsterdam, Frankfurt and London were the five most sought-after destinations in Europe for investors who are actively pursuing alternative opportunities due to aggressive asset pricing and limited availability of core stock. In Hungary steadily improving developer sentiment and potential platform deals could pave the way for rising turnover in the sector.
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News It’s time for the Romanian market to warm up!
18
Mar
2018

It’s time for the Romanian market to warm up!

by Ákos Budai
In Romania, the peak of the real estate cycle is often delayed compared to other countries in the region and market dynamics don’t allow for a true warm up. Ana Dumitrache, Head of Investment Properties at CBRE Romania shared her expectations for the market.
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News Construction of Budapest’s Exchange Palace to start this year
08
Mar
2018

Construction of Budapest’s Exchange Palace to start this year

by Import Sys
Exchange Palace the former Budapest Stock Exchange building co-owned by Canadian developer Tippin Corporation and Luxembourg Optimum Fund Management, has received a final building permit and will commence reconstruction works in 2018. The owners appointed JLL & CBRE appointed as co-exclusive leasing agents.
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News GalCap Europe acquires second building in Budapest
07
Mar
2018

GalCap Europe acquires second building in Budapest

by Import Sys
GalCap Europe, a Vienna-based international investment and asset management company, acquired the Central Udvar mixed-use complex as its second property after the Merkur Palota in Budapest. The purchase was made on behalf of a separate account for a German pension scheme, administered by Institutional Investment Partners. CBRE has advised GalCap Europe to purchase the building in an off-market deal. The buyer and the seller agreed not to disclose any purchase price details. Legal advice to GalCap Europe was provided by CHSH Dezső & Partner.
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News Futureal appoints JLL and CBRE to lease Budapest ONE
26
Feb
2018

Futureal appoints JLL and CBRE to lease Budapest ONE

by Import Sys
JLL and CBRE have been jointly appointed to lease Budapest ONE Business Park, the new office development project of Futureal Group in Hungary. The two advisors will cooperate on a co-exclusive basis for the leasing of the 68,000 square meter office complex.
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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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