The real estate and construction sector has attracted around €12 billion of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, according to data from the National Bank of Romania analyzed by real estate consultancy Cushman & Wakefield Echinox.
Real estate investments amounting to around €1.2 billion are currently in various stages of negotiation, while over €600 million in investment volumes were completed in the first eight months of this year, according to real estate consultancy Cushman & Wakefield Echinox.
GIENGER Bohemia, a trading company focused on wholesale activities in the field of heating, sanitary equipment, installations, and utility network is a new tenant in the Arete Park Plzeň. The leasable area for GIENGER Bohemia is 3.511 sqm and the operation starts as of March 1st, 2023. The transaction has been mediated by Knight Frank Czech Republic.
Logistics operator JAS-FBG has chosen 7R City Flex Katowice I as a base for its operations, where it will occupy over 6,000 sqm. The facility is scheduled to be commissioned in May 2023.
One of the leading global distributors of chemical raw materials is a new tenant of the P180 office building in Warsaw, developed by Skanska. The new tenant will have approx. 1,500 sq m of office space. The transaction process was facilitated by the consulting company Savills.
New appointments
Milica Nikolic, Marko Radulovic, Nenad Suzić, Mina Kalezic, Srdjan Teofilovic, Tamara Kostadinovic and Goran Zivkovic have been promoted to Partners at CBS International Serbia, part of Cushman & Wakefield Group.
JLL Bratislava branch announced that Lukáš Králik, Senior Consultant at the Office Agency team, became the newest member of the Royal Institution of Chartered Surveyors (RICS) in the field of Commercial Real Estate. With this accreditation, JLL raised the number of RICS accredited professionals to eight.
Dominik Pawlak takes the position of Director in the Office Agency department at Avison Young Poland, where he will be responsible for the company's key clients, as well as training junior team members.
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