ARTICLES LABELLED WITH TAG development

News Marriott International to expand Polish portfolio with 10 projects
03
Apr
2024

Marriott International to expand Polish portfolio with 10 projects

by Property Forum
Marriott International, Inc., announced its plans to expand its portfolio in Poland with the expected addition of more than 10 properties in the next few years, including the debut of two brands - Le Méridien and Element Hotels by Westin - in the market. The anticipated openings will further enhance the company’s footprint in the country, where it currently has a portfolio of 24 properties and over 4,500 rooms across 12 brands and eight cities - Warsaw, Sopot, Kraków, Poznań, Katowice, Wrocław, Gdynia and Szczecin. 
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News Hungary’s Wing completes €37 million bond issue
03
Apr
2024

Hungary’s Wing completes €37 million bond issue

by Property Forum
Hungarian property developer and investor Wing has completed a €37 million bond issue. With an aggregate principal amount of €37 million, the bonds have a maturity of 3 years and a fixed interest rate of 8.90 per cent. The company has accepted all offers received, intending to use the funds raised from the successful issue to pursue new investment opportunities and launch new real estate development projects.
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News Trump’s son-in-law to invest in hotel developments in Serbia and Albania
26
Mar
2024

Trump’s son-in-law to invest in hotel developments in Serbia and Albania

by Property Forum
Businessman Jared Kushner, the son-in-law of former US President Donald Trump, is now venturing into the Balkans with ambitious plans for transformative property developments across Albania and Serbia. Through his Miami-based private equity firm, Affinity Partners, Kushner is engaged in advanced discussions for investments exceeding $1 billion, aiming to reshape the landscape of tourism and real estate in Southeast Europe, the New York Post reports.
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News It’s not enough to tick the boxes, we need a mentality shift in real estate
11
Mar
2024

It’s not enough to tick the boxes, we need a mentality shift in real estate

by Ákos Budai
Real estate development is a long-term venture where the end results (including profitability) are often unpredictable, especially in the current challenging global environment. Property Forum talked to Norbert Schőmer MRICS, Country Director at Atenor Hungary and the recently appointed Chairman of RICS in Hungary, covering the topics of ESG, changes in the office market, affordable housing and education, among others. He also provided an update on Atenor’s ongoing projects in Hungary and shared his priorities as RICS Chairman.
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News Arete secures building permit for expansion in Dunajská Streda
04
Mar
2024

Arete secures building permit for expansion in Dunajská Streda

by Property Forum
The expansion of Arete Park Dunajská Streda has received a building permit. It will offer an additional 13,000 sqm of modern space for storage, logistics or light manufacturing, within driving distance of Bratislava, Budapest and Vienna.
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News Corwin moves ahead with Bratislava brownfield revitalisation
27
Feb
2024

Corwin moves ahead with Bratislava brownfield revitalisation

by Property Forum
Corwin has submitted an intention to revitalize and transform the southern, larger part of the brownfield after the former industrial plant Palma on Račianská Street in Bratislava for the environmental impact assessment (EIA).
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News Developers face bumpy road for heritage projects
05
Feb
2024

Developers face bumpy road for heritage projects

by Property Forum
Some of the historic heritage buildings are crying for conversion for commercial use in many cities across the CEE region. Property Forum asked Mihály Schrancz, CEO and founding partner of newly-founded development company Realis Development Plc., about the risks and special preparation for such projects.
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News LCube expands land bank in Poland
30
Jan
2024

LCube expands land bank in Poland

by Property Forum
LCube enters 2024 with projects planned on purchased plots with a potential of 100,000 sqm and has secured additional land of about 65 hectares, which will enable the construction of another 300,000 sqm of warehouse space. Negotiations are also underway regarding another 20 hectares, which the company intends to reserve by mid-year. This provides a cumulative potential for the realization of over half a million square meters.
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News EBRD invests record €1.3 billion in Poland in 2023
26
Jan
2024

EBRD invests record €1.3 billion in Poland in 2023

by Property Forum
The European Bank for Reconstruction and Development (EBRD) invested a record €1.3 billion in Poland in 2023. This beats the previous record of €990 million invested in 2022 and made Poland the EBRD’s third largest market last year.
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News Penta shows winning design for Prague project
24
Jan
2024

Penta shows winning design for Prague project

by Property Forum
Penta Real Estate has announced the results of the architectural competition held last year for a new building in Hybernská Street in Prague, on the site of the former post office building. Seven invited teams from the Czech Republic and Slovakia have participated in the competition.
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Latest news


New leases

  • Viterra, a plant trade company, has opened its new headquarters in the Olivia Centre complex in Gdansk. The company occupied space on the top floor of Olivia's newest building, Olivia Prime. Viterra occupied a 1,400 sqm of space on the 14th floor of the building and a private terrace, located above the office, on the 15th floor.
  • The Shire – Beyond Coworking has joined the tenants of the Infinity office building in Wrocław. The company will have over 2,000 sqm of space, located on the 3rd floor of the building. The coworking space at Infinity is scheduled to open in Q1 2025.
  • Dr. Max, HIGH-TECH SYSTEMS & SOFTWARE (HTSS) and REO Medical have leased a combined area of more than 8,000 sqm in Bucharest-based J8 Office Park, owned by Portland Trust.

New appointments

  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.
  • Cushman & Wakefield Echinox appointed Cristina Lupașcu as Head of Marketing. She joined Cushman & Wakefield Echinox in 2021 as Director PR & Research, being responsible for assisting both the PR & Marketing and Research departments. Lupașcu has more than 20 years’ worth of experience in media and real estate.

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