ARTICLES LABELLED WITH TAG diy
17
Jul
2025
Jul
2025
Pavăl Holding takes over Praktiker Hellas in international push
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
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04
Apr
2022
Apr
2022
DIY sale in Baltics closes at record yield
KS Holding, a Kesko Group company, has completed the sale of Kesko-Senukai stores in Vilnius and Daugavpils to the Finnish Special Mutual Fund Titanium Baltic Real Estate. Together with the sale of Riga’s Ozols Centrs, acquired by Titanium in November, KS Holding has brought retail assets valued at €60 million to the market. Returns to shareholders in the recent transactions for the money invested exceed 20% per annum.
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11
Jan
2022
Jan
2022
W.P. Carey buys portfolio of seven OBI stores in Poland
Net lease real estate investment trust W.P. Carey has added seven DIY retail stores in Poland to its portfolio. The NYSE-listed company has bought the newly built assets totalling 70,000 sqm from private real estate firm Supernova Group for an undisclosed sum. The stores are triple-net leased to OBI for a term of 15 years with Eurozone CPI-based rent increases.
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09
Apr
2021
Apr
2021
Pavăl Holding to open new HQ in Bucharest
Pavăl Holding, the group controlled by the founders of DIY chain Dedeman, will have a new HQ in Bucharest. The holding is revamping Vila Hlebnikian that will serve as its main office. Construction works on the 2,800 sqm building will be completed by 2023, according to Profit.ro.
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14
Apr
2020
Apr
2020
Jysk to build €200 million logistics base in Hungary
Furniture retailer Jysk will begin building a new distribution centre in Ecser, Hungary in April. When in operation, the €200 million distribution centre will employ around 300 people and further strengthen the company’s logistics setup in Europe, the company announced.
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27
Sep
2018
Sep
2018
Metro Properties sells Poznań building for €20 million
Metro Properties, the real estate subsidiary of Metro AG, has sold a property in Poznań with a retail building under a long-term lease to Castorama to French investor Corum Asset Management. The purchase price amounted to €20.3 million.
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06
Dec
2017
Dec
2017
British group acquires Praktiker Romania
British group Kingfisher PLC, a European DIY chain present in Romania through the Brico Depot brand, acquired Praktiker Romania, which currently operates 26 units and is one of the largest DIY retailers in the country. PeliFilip assisted Kingfisher PLC.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
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.
