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.
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.
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.
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.
Westinghouse Electric Company will occupy a space of over 1900 sqm in the Zabłocie Business Park B office building in Kraków. JLL represented the tenant during the contract negotiation process.
Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.
New appointments
Spaceflow, a tenant experience company, appoints Ken Norton as its Vice President of Sales. Among Norton’s goals is to accelerate the growth of its client base, while scaling Spaceflow's sales team in their international markets and optimizing the sales processes. Norton joined Spaceflow after three years as Head of Sales at LandInsight, now Landtech. Prior to joining LandInsight, he was in Business Development at Estates Gazette.
Benoit Lheureux will replace Gerard Gallet as a CEO of Auchan Polska. Gerard Gallet will remain a Member of the Board.
Tomasz Łapiński, former CFO of Cordia Poland, has returned to the company as Development Director and Vice President. He will be responsible for strengthening Cordia's position in Poland, its development and further integration with Polnord.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
