ARTICLES LABELLED WITH TAG development

News - Penta continues with next phase of Bory Bratislava
20
Jul
2023

Penta continues with next phase of Bory Bratislava

by Property Forum
Developer Penta Real Estate is progressing in the construction of a new quarter in Bratislava Bory. The zone is gradually growing, with residential buildings, retail objects and necessary amenities being added. After a period of wild growth without an obvious unifying concept, the first signs that Bory will one day resemble a real city are beginning to appear, YIMBA.sk reports.
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News - Enern and Lincoln Property to build offices in Warsaw
20
Jul
2023

Enern and Lincoln Property to build offices in Warsaw

by Property Forum
Czech investment group Enern and Lincoln Property Company, an American company operating in the European market including Slovakia, have started construction of a new office project in Warsaw called The FORM. The project was purchased by the new owners in 2021 from Penta Real Estate. Its financing includes recently issued bonds worth €30 million with an annual coupon of six and a half percent, which are managed and secured by J&T Bank. The bonds are listed and traded on the Bratislava Stock Exchange, trend.sk reports.
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News - YIT  to convert 1990s office complex in Prague into flats
19
Jul
2023

YIT to convert 1990s office complex in Prague into flats

by Property Forum
YIT is the new owner of the Kuta Centrum office complex in Prague 4. In the future, the complex, renamed YIT Office Centrum, should be transformed into a residential complex, the CEO of YIT told online daily newstream.cz.
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News - Czech gov't to force developers to build more parking
17
Jul
2023

Czech gov't to force developers to build more parking

by Property Forum
The latest plan by the Czech Ministry of Regional Development is to increase the parking capacity of new projects and tighten conditions for developers. It has presented its proposal to adjust the conditions for building parking in the Czech Republic, which experts say will increase housing prices, according to the online daily Seznamzprávy.cz.
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News - Panattoni secures €27.5 million loan for BTS centre in Zakroczym
12
Jul
2023

Panattoni secures €27.5 million loan for BTS centre in Zakroczym

by Property Forum
Panattoni has been granted a €27.5 million loan by Berlin Hyp to finance a distribution centre in Zakroczym developed for Action. The centre, which is to supply 160 stores from the chain and employ around 300 people, was constructed as a BTS (built-to-suit) development.
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News - Hotel Avion in Bratislava to be turned into flats
11
Jul
2023

Hotel Avion in Bratislava to be turned into flats

by Property Forum
Bratislava's socialist hotel will be transformed into a multifunctional building with office space and apartments. Its redevelopment is now planned by the developer Imoba fin, writes the Slovak daily Hospodárské noviny. However, further details regarding the price and timetable have not yet been revealed.
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News - PSN to turn Brno brownfield site into multifunctional complex
30
Jun
2023

PSN to turn Brno brownfield site into multifunctional complex

by Property Forum
PSN is opening up the brownfield site in Plynárenská Street in Brno to the public, which is being transformed into the "Brno Jedna" project. The company plans to organise small cultural and social events in the area, as well as the possibility of private renting of space. The developer is also leasing the existing office space, which is currently 60% occupied. Construction, which will include both apartments and new commercial units, will begin after all necessary permits have been processed. The approval process is expected to start this year. The company's goal is to revitalize the site overall so that it can offer a pleasant place to work, live and gather not only for local residents but also for the general public.
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News - Accolade invests €380 million in Karlovy Vary Region
30
Jun
2023

Accolade invests €380 million in Karlovy Vary Region

by Property Forum
In ten years since entering the Karlovy Vary Region, Accolade Group has invested in a total of nearly 300,000 sqm of production, e-commerce and logistics space. The value of completed and handed-over projects exceeds €316 million and properties worth approximately €380 million are currently under construction. The Group's activities are leading to wage growth and a wider range of jobs. In addition to the projects in Cheb, the group recently completed the first building in a new industrial estate in Ostrov.
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News - Glavbolgarstroy to build high-tech residential tower in Sofia
29
Jun
2023

Glavbolgarstroy to build high-tech residential tower in Sofia

by Property Forum
Local company Glavbolgarstroy is building a new residential project named Ѕmаrt Тоwеr іn thе nеw buѕіnеѕѕ сеntre оf Ѕоfіа, іn thе аrеа оf Нlаdіlnіkа, nехt tо Раrаdіѕе Mall аnd Ѕоuth Раrk.
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News - CTP launches new project in Mazovia
29
Jun
2023

CTP launches new project in Mazovia

by Property Forum
CTP is launching another industrial and logistics complex in the Mazovia region in Poland. The developer will develop two cross-dock facilities in Emilianów with a total leasable area of nearly 102,500 sqm. The investor has already received a building permit for the first phase of the investment. Its commissioning is scheduled for the end of the second quarter of 2024.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • 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.

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.

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