ARTICLES LABELLED WITH TAG corvin
17
Apr
2024
Apr
2024
Time Out Market to open new unit in Budapest
Time Out Market Budapest is set to open in 2025 at Corvin Palace at Blaha Lujza Square. The historic department store first opened in 1926 and has recently been renovated back to its original neoclassical state and redeveloped as a mixed-use real estate property offering retail, leisure and a hotel, timeout.com reports.
Read more >
12
Jul
2017
Jul
2017
Futureal Group starts construction of Corvin 5
Futureal Group has started the construction of the Corvin 5 office building in Budapest. The first phase of the building is expected to be handed over by the end of 2018. The complex valued at €90 million is also among the firsts to receive Well Building certification in Hungary since it has already been registered in the international process of the standard system.
Read more >
Latest news
- Crestyl secures €185 million loan for Prague office park from pbb & Helaba
- Panattoni builds 26,000 sqm warehouse for Bidfood in Łódź
- Romania's hotels see higher earnings, fewer tourists in 2025
- Moxy Budapest Downtown opens as first Hungarian location
- Trójmiasto industrial market gains new development momentum
- Moody's upgrades CTP credit rating with stable outlook
- Last call for Prague Property Forum 2026: Check who'll be there
- Bucharest office market sees more lease deals in Q1 2026
- SPP Group posts €27.9 million Q1 profit on Polish acquisitions
- Realis WAM to develop 177-room Canopy by Hilton in Budapest
New leases
- MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
New appointments
- Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
