ARTICLES LABELLED WITH TAG development

News - Futureal tops out final phases of Budapest office project
27
May
2021

Futureal tops out final phases of Budapest office project

by Property Forum
Futureal’s Budapest One office park has achieved another major milestone in its development, as the second and third phases of the complex have reached their highest point. Budapest One will house both Vodafone's new headquarters and BT's regional service centre.
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News - GLP expands in the Czech Republic and Slovakia
27
May
2021

GLP expands in the Czech Republic and Slovakia

by Property Forum
GLP has leased 20,000 sqm of logistics space across two logistics parks in Czech Republic and Slovakia. The company is developing further GLP Parks in Ostrava and Brno, with an additional two developments in the pipeline for next year.
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News - Avestus selects general contractor for Wrocław office building
25
May
2021

Avestus selects general contractor for Wrocław office building

by Property Forum
Avestus Real Estate has selected the general contractor for the Infinity office building in Wrocław. Comprehensive implementation of the project to be developed at Jana Pawła II Square (at the junction of Legnicka and Nabycińska streets) will be the responsibility of Eiffage Polska Budownictwo S.A. The investment with a total lease area of almost 22,000 sqm is scheduled to be completed in Q1 2023.
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News - Contera to build office building in Ostrava
20
May
2021

Contera to build office building in Ostrava

by Property Forum
Czech industrial developer Contera is entering a new segment and will deliver an office building in the heart of Ostrava. The new project, named Organica, is set to boast intelligent control systems and environmental friendliness, the company announced on LinkedIn.
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News - Passerinvest Group to launch new mixed-use project in Prague
20
May
2021

Passerinvest Group to launch new mixed-use project in Prague

by Property Forum
Local developer Passerinvest Group is preparing its second large-scale project in Prague, Nové Roztyly. The project is to create offices and other jobs for nearly 3,000 people and to provide housing for around 1,500 residents, local daily E15 reports.
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News - W&L to deliver four warehouse buildings in Sofia
19
May
2021

W&L to deliver four warehouse buildings in Sofia

by Property Forum
Developer Warehousing & Logistics EOOD (W&L) has begun the construction of the newest industrial park in Bulgaria, called Logistics Park Sofia (LPS). The park is located about 8 km from the capital Sofia. W&L is planning to build 4 warehouse buildings in the complex which will span more than 116,000 sqm of industrial and office space that will be available to potential tenants. So far this is the first Bulgarian logistics park with such a high concentration of industrial space.
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News - Futureal to open Hungary’s largest food court in September
19
May
2021

Futureal to open Hungary’s largest food court in September

by Property Forum
Hungarian developer Futureal will open the food court of the Etele Plaza shopping centre in Budapest this September. The food court will feature a direct connection to the roof terrace, unique interior design and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and an open kitchen concept.
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News - Impact to start construction of Iași residential project
13
May
2021

Impact to start construction of Iași residential project

by Property Forum
Impact Developer & Contractor will start the development of its first residential projects in Iași, eastern Romania, in the second half of this year. 
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News - VGP launches construction of new hall in Pilsen
12
May
2021

VGP launches construction of new hall in Pilsen

by Property Forum
VGP has launched construction of the fifth hall in its logistic park VGP Park Pilsen, located in an industrial part of the city’s Bručná quarter. The park is adjacent to the E49 and has access to the D5 motorway. On a land of about 10 hectares, VGP offers nearly 50,000 sqm of lettable area suitable for light manufacturing, logistics and accompanying commercial activities. Tenants of the new warehouse will be DHL Express, leasing 1,113 sqm, as well as Verhoek Europe with 2,170 sqm of logistics space.
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News - Residential developer JRD enters Prague’s office market
12
May
2021

Residential developer JRD enters Prague’s office market

by Property Forum
Local residential developer JRD is entering the commercial segment. The company plans to build its first office project, Viadukt Anděl in Prague 5.
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Latest news


New leases

  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.

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