ARTICLES LABELLED WITH TAG development

News Echo Investment launches new project in Katowice
07
Jul
2016

Echo Investment launches new project in Katowice

by Ákos Budai
Echo Investment has obtained a building permit for the construction of Galeria Libero, which is to be built on Kościuszki Street in the southern part of Katowice. The investor also concluded a contract with the city authorities concerning the road layout around the facility.
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News Prologis Park Budapest-Sziget DC7 secures first customer
30
Jun
2016

Prologis Park Budapest-Sziget DC7 secures first customer

by Ákos Budai
Prologis has signed a new lease agreement for 4,800 square metres with Inter Cars Hungária, the largest passenger and truck parts dealer in Central and Eastern Europe, at its DC7 building now under construction at Prologis Park Budapest-Sziget. CBRE facilitated the transaction.
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News Prologis to deliver new BTS building in Prague
29
Jun
2016

Prologis to deliver new BTS building in Prague

by Ákos Budai
Prologis has announced that it will deliver a 34,200 square metre build-to-suit distribution facility at Prologis Park Prague-Rudná for Sportisimo, a Czech sporting goods retailer.
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News Romania needs more international investors
23
Jun
2016

Romania needs more international investors

by Ákos Budai
Last year has proven to be a turning point for the Romanian investment market. An increased number and more diverse group of investors started looking at individual assets and portfolios, resulting in the largest number of transactions since the beginning of the crisis. Will this upward trend continue into 2016 and 2017? We report from SEE Property Forum 2016, a conference co-organised by Portfolio Conferences and RICS, where the biggest players of the Romanian investment market came together to talk about the future. 
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News Goodman expands in Gdansk
22
Jun
2016

Goodman expands in Gdansk

by Ákos Budai
Goodman Group has signed two lease agreements for a total of 7,800 sqm at the Pomeranian Logistics Centre (PLC), located adjacent to the Deepwater Container Terminal (DCT) in Gdańsk. With these new agreements, all available space (51,500 sqm) at PLC is now fully leased. In response to market demand, Goodman is also constructing 15,836 sqm of class-A warehousing at PLC, which will be delivered in the third quarter of 2016. 
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News SEGRO starts new BTS development in Poland
22
Jun
2016

SEGRO starts new BTS development in Poland

by Ákos Budai
A new distribution centre for Tesco is being built at SEGRO Logistics Park Poznań. The company will start operations in the BTS building comprising over 30 000 sqm at the turn of September and October 2016. Deliveries to 140 retail outlets in the northern and north-western regions of Poland will be completed from the new central warehouse.
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News Warsaw office development boom continues
10
Jun
2016

Warsaw office development boom continues

by Ákos Budai
The total modern office stock in Warsaw reached 4.75 million sqm at the end of Q1 2016. As much as ca. 75% of this space is located in the central Core and Fringe zones, as well as Upper South and South West. Cushman & Wakefield has published the sixth edition of their Skyline Tracker report, outlining developers’ activity in the Warsaw office market.
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News HB Reavis announces its third Budapest project
02
Jun
2016

HB Reavis announces its third Budapest project

by Ákos Budai
International real estate developer HB Reavis has announced the acquisition of the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market and their first redevelopment project across all markets. 
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News Constructing new European capitals the Balkans way
01
Jun
2016

Constructing new European capitals the Balkans way

by Ákos Budai
Major cities of Southeastern Europe have had to face many challenges: wars, earthquakes and the drastic redevelopments of the socialist era. Today, they are trying to rebuild themselves and become modern, European capitals. We look at three countries, three capitals – and three very different plans for city developments. 
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News Can Central and Eastern Europe benefit from Brexit concerns?
17
May
2016

Can Central and Eastern Europe benefit from Brexit concerns?

by Ákos Budai
RICS organised its first annual conference in Bratislava, Slovakia on 5 May. The half-day event focused on the role of international standards in emerging markets and on the Slovakian property market itself.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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