ARTICLES LABELLED WITH TAG cyprus
03
May
2023
May
2023
Cypriot court strikes down on CPIPG in ongoing dispute
As a result of a legal dispute between real estate tycoon Radovan Vítek's CPI Property Group and businessmen Marek Čmejla and Jiří Diviš, a Cypriot court has reportedly ordered banks to freeze CPI Property Group's assets worth almost CZK 13 billion (€553 million), according to the German economic newspaper Handelsblatt, cited by the Czech daily Hn.cz. CPIPG, however, denies the German newspaper's information, saying that the interim measure is not in force and that no accounts have been seized or assets were frozen.
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17
Jun
2020
Jun
2020
Cyprus-based developer to invest up to €100 million in Bulgaria
Cyprus-based real estate developer Everty Group intends to invest up to €100 million in Bulgaria during the next four years. The announcement follows the group's first major investment in Bulgaria, the acquisition of the 40,000 sqm Perform Business Centre in central Sofia back in 2019.
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Latest news
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
- CTP signs 37,000 sqm lease with P&G in Prague
- Meta Estate Trust opens its first retail park near Bucharest
- Where capital is returning and why resilience matters more than ever
- Trigea Fund buys 88,000 sqm logistics park near Warsaw
- Lululemon plans expansion in Eastern Europe
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
New leases
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
