ARTICLES LABELLED WITH TAG development

News CTP plans to partner with a strategic investor by selling part of its portfolio
13
Feb
2020

CTP plans to partner with a strategic investor by selling part of its portfolio

by Property Forum
CTP announced a new aggressive growth plan to achieve a portfolio size of 10 million sqm by 2023. In order to reach this ambitious goal, CTP is taking steps towards various options to further strengthen its capital base and enhance its growth prospects. The company is currently considering partnering with a strategic investor.
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News AFI Europe to expand Bucharest mixed-use project
13
Feb
2020

AFI Europe to expand Bucharest mixed-use project

by Property Forum
AFI Europe Romania plans to expand the AFI Cotroceni mixed-use project in Bucharest with new retail, office, residential and hotel components. According to Ziarul Financiar estimates, the expansion would see the project’s total value increase from €700 million to €1-1.2 billion.
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News Panattoni starts building in Legnica
03
Feb
2020

Panattoni starts building in Legnica

by Property Forum
Panattoni has launched the construction of 25,000 sqm at Panattoni Park Legnica, out of 90,000 sqm planned. The first facility will accommodate the Polish production site of global e-commerce company Spreadshirt Group. Already in August 2020, the company will be taking up in excess of 11,000 sqm of production and warehouse space at the upcoming facility. The lease was mediated by JLL.
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News Atenor obtains building permit for Bucharest project
03
Feb
2020

Atenor obtains building permit for Bucharest project

by Property Forum
Atenor announced that the final building permit for the Dacia One project has been obtained. Dacia One is located on the crossing between two of Bucharest most prestigious boulevards, Calea Victoriei and Bulevardul Dacia. The project includes two separate buildings consisting of a historic listed villa (1,500 sqm) formerly occupied by the German Legation and a new state-of-the-art Class A office building (13,500 sqm).
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News PPHE announces new hotel project in Zagreb
31
Jan
2020

PPHE announces new hotel project in Zagreb

by Property Forum
PPHE Hotel Group announced its plans to develop a new city centre hotel in Zagreb, Croatia, through its subsidiary Arena Hospitality Group d.d.
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News Yareal Polska’s Warsaw office development now fully leased
30
Jan
2020

Yareal Polska’s Warsaw office development now fully leased

by Property Forum
The Neopark office complex, one of the flagship investments of Yareal Polska, is now fully leased, with companies such as Play, Inpost, New Work, Olympus and Mitsubishi opening their offices in the buildings’ 24,000 sqm of space. Experts from JLL were responsible for the commercialization of the project.
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News Developer Gran Via reaches €200 million milestone in Romania
30
Jan
2020

Developer Gran Via reaches €200 million milestone in Romania

by Property Forum
Spanish-based developer, Gran Via Real Estate has invested more than €200 million in Romania in the last 15 years and completed about 1,800 apartments until the end of 2019. The company has specialized in the conversion of former industrial lots into residential projects, communities where thousands of families have started a new life.
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News Element Industrial completes first stage of Bucharest logistics park
27
Jan
2020

Element Industrial completes first stage of Bucharest logistics park

by Property Forum
Element Industrial has completed the first phase of the Eli Park 1 logistics park in Chitila, northwest of Bucharest. The 20,000 sqm warehouse is leased to appliance producer Arctic, part of Turkish group Arcelik.
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News Panattoni expands in Białystok
24
Jan
2020

Panattoni expands in Białystok

by Property Forum
Panattoni Europe continues its expansion in north-eastern Poland. The developer has leased out 100 per cent of space at Panattoni Park Białystok I and announced the development of the second distribution centre in the heart of Podlasie. Additional 35,000 sqm will be delivered this year at Panattoni Park Białystok II.
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News MNB fund sells stake in Budapest development project
23
Jan
2020

MNB fund sells stake in Budapest development project

by Property Forum
Optima Investment Ltd., which manages the assets of the Central Bank of Hungary’s Pallas Athené Foundation, has sold the majority stake of its Budapest development project, located on the Váci Road office corridor, to internationally-based Chi Fu Investment Group.
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Latest news


New leases

  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.
  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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