ARTICLES LABELLED WITH TAG development

News - Large-scale mixed-use project opens in Timișoara
05
Sep
2019

Large-scale mixed-use project opens in Timișoara

by Property Forum
Companies Iulius and Atterbury Europe have opened the Iulius Town mixed-use project in Timișoara, the largest investment in the region, adding up to a total of €442 million. Iulius Town entailed integrating Iulius Mall Timișoara into an extensive urban regeneration project, completing it with retail, office and entertainment uses.
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News - CTP to complete largest industrial park in the Czech Republic
05
Sep
2019

CTP to complete largest industrial park in the Czech Republic

by Property Forum
CTP announced that it will complete CTPark Bor in the next five years, creating the largest industrial park in the Czech Republic with an area of ​​600,000 sqm.
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News - Immofinanz expands Stop Shop portfolio in CEE
29
Aug
2019

Immofinanz expands Stop Shop portfolio in CEE

by Property Forum
Immofinanz is driving the steady growth of its Stop Shop retail park brand, as previously announced, with a next step that includes the expansion of the portfolio to 90 locations. The most recent acquisitions include six fully rented retail parks in Slovenia and Poland with roughly 54,000 sqm of rentable space. The annual rental income based on invoiced rents amounts to approximately €6.6 million, which represents a gross return of 8.6%.
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News - Vastint Romania prepares for further development
22
Aug
2019

Vastint Romania prepares for further development

by Property Forum
Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 sqm, and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3,000 employees.
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News - Panattoni to build new industrial park near Košice
22
Aug
2019

Panattoni to build new industrial park near Košice

by Property Forum
The first company to lease premises at the new Panattoni Park Košice Airport was GGT, the largest distributor of tobacco products in Slovakia. They will move in later 2019. Panattoni Europe unveiled information about the first leaseholder at the ceremony to commence construction of the new, almost 8-hectare industrial park with modern manufacturing and warehousing facilities. Ideally located not far from the Košice Airport and with direct access to the D1 highway, this industrial park is the first development project of Panattoni Europe in Slovakia.
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News - CTP launches operations in Bulgaria
14
Aug
2019

CTP launches operations in Bulgaria

by Property Forum
Bulgaria marks the seventh country in which CTP opens operations, stretching the company's portfolio from the German border to the Black Sea.
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News - TriGranit opens new building in Kraków complex
14
Aug
2019

TriGranit opens new building in Kraków complex

by Property Forum
Building H, the eighth element of TriGranit’s Bonarka for Business (B4B), one of the most popular office complexes in Kraków, has been opened. The eight-storey, Class A office building with 9,855 sqm GLA already has a 45% occupancy rate, while the occupancy of Building F has recently reached 100%. So far in 2019, there have been more than 11,000 sqm new leases or lease extensions in the Bonarka office complex. TriGranit is preparing the delivery of two further office projects in the B4B complex, Building I and Building J, each with 10,000 sqm GLA.
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News - Hagag breaks ground on its largest Bucharest project
14
Aug
2019

Hagag breaks ground on its largest Bucharest project

by Property Forum
Real estate developer Hagag Development, part of Hagag Group Israel, breaks ground on its largest residential project to be developed in Romania: H Pipera Lake. Out of the total number of 390 apartments to be delivered in the first phase, 45% have already been sold.
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News - Retail developers focus on regional cities in Romania
08
Aug
2019

Retail developers focus on regional cities in Romania

by Property Forum
The total modern retail stock in Romania, which includes both retail parks and shopping centres, has reached approximately 3.7 million sqm in the first half of 2019 and around 130,600 sqm are expected to be brought on the market by the end of the year, according to CBRE's latest research report.
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News - Czech developer to enter Budapest’s office market
31
Jul
2019

Czech developer to enter Budapest’s office market

by Property Forum
Czech developer UDI Group has purchased a 2 ha plot in Budapest and unveiled its plans to enter the Hungarian market.
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Latest news


New leases

  • EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
  • Flex office space operator Mindspace announced the signing of a 10-year lease for 4,500 sqm of offices in the Skyliner II tower near Rondo Daszyńskiego in Warsaw.
  • Modular Services, an outsourcing company specialising in IT, finance, and cybersecurity operations, has expanded its office space within the United Business Center 3 (UBC 3) building. Part of the Palas mixed-use development, the international firm has doubled its surface area to 1,300 sqm across two floors.

New appointments

  • Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
  • CTP has appointed Cătălin Dit as COO in Romania to strengthen its management team. In this role, he will collaborate closely with Managing Director Ronald Binkofski. Dit brings a wealth of executive experience from the technology and e-commerce sectors, having previously served as CEO, CCO, and Fulfillment Director.
  • Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.

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