ARTICLES LABELLED WITH TAG development
30
Aug
2018
Aug
2018
Orbis Group signs three new hotels in Romania
In line with its development strategy for AccorHotels branded hotels in Eastern Europe, in particular on the very promising Romanian market, Orbis signed 3 new agreements in recent weeks for a total of 370 hotel rooms.
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30
Aug
2018
Aug
2018
Global Vision plans €200 million industrial project in Constanta
Local real estate developer Global Vision, controlled by Romanian investor Sorin Preda, has started a €200 million industrial development project on a 100 ha land it acquired last year near Constanta’s port.
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29
Aug
2018
Aug
2018
New focus for European shopping centre developers
The rate of shopping centre development in Europe is slowing, with completions down 23% year-on-year at 3.8 million sqm 2017, according to Cushman & Wakefield’s latest European Shopping Centres report.
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23
Aug
2018
Aug
2018
Prologis launches construction near Prague Airport
Prologis has begun construction of a new 38,620 square meter facility at its fast-expanding Prologis Park Prague-Airport.
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23
Aug
2018
Aug
2018
Globalworth secures €46 million loan from BCR
Globalworth has secured a €46 million loan from BCR, which will be used for developing Connected, Renault’s new HQ in Bucharest.
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15
Aug
2018
Aug
2018
Apex Alliance to invest €90 million in four Bucharest hotels
Lithuanian company Apex Alliance, the owner of the Hilton Garden Inn hotel in Bucharest’s old town, will invest €90 million in four new hotels on the Romanian market. The hotels will operate under Marriot International and Hilton World Wide brands.
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07
Aug
2018
Aug
2018
Skanska plans new project in Budapest
Skanska has acquired the 61-meter Waterworks office building in Budapest. The developer is demolishing the 26,000 sqm office building which dates from 1981. Later on, Skanska plans to develop a modern, visionary office complex in the same location.
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07
Aug
2018
Aug
2018
Prologis develops third park in Poznan
Prologis has begun development of a Small Business Unit (SBU) facility totalling 13,000 square meters at its new Prologis Park Poznań III. The building is 14 percent pre-leased to Euro-net, the owner of RTV EURO AGD, a nationwide retail chain. Completion is scheduled for the fourth quarter of 2018.
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07
Aug
2018
Aug
2018
CTP invests €75 million in Serbian expansion
CTP plans to invest €75 million in the acquisition of properties in Belgrade and Novi Sad as well as further developments all totalling 120,000 sqm of lettable area.
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25
Jul
2018
Jul
2018
Hyatt announces plans for Hyatt Regency Hotel Budapest
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with Városház Utca Projekt Ingatlanforgalmazó Kft. for the first Hyatt Regency hotel in Budapest, Hungary. The 231-room property is expected to open in early 2020.
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Latest news
- P3 extends leases at Łódź City III for nearly 10,000 sqm
- European property deals still take over a year to complete, says Drooms
- Romania's average property deal under €60 million in 2025
- Polish regional office market shows first vacancy fall in years
- Kyiv office market grows in 2025 despite wartime pressures
- DL Invest Group signs JV with Boosteroid for data centres
- Prima Development to scale Bucharest resi deliveries to 1,000 units per year
- Romanian investors drive 30% of property deals in 2025
- Cavare sells PRS project in Gdańsk to Urban Partners
- Trigranit extends office lease deal with Ringier Axel Springer in Warsaw
New leases
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
- Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
- Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.
New appointments
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
- CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
