News Prologis increases occupancy in European assets

Prologis increases occupancy in European assets

by Ákos Budai
Prologis announced fourth quarter and full year 2016 activity in Europe. Prologis Europe ended the fourth quarter with 96.7 percent occupancy, an increase of 90 basis points over the course of 2016. The company signed new leases and renewals totalling 718,200 square metres in the fourth quarter and 3.5 million square metres in the full year 2016 – an increase in volume of 54 percent over 2015.
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News Heitman names new Director of European Acquisitions

Heitman names new Director of European Acquisitions

by Ákos Budai
Heitman LLC, a global real estate investment management firm, has announced the appointment of Kurt Jovy as Senior Vice President, Director of European Acquisitions. Mr. Jovy, who will be based in Munich, will report directly to Gordon Black, Senior Managing Director of Heitman’s European Private Real Estate Equity group.
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News Budapest and Bucharest are among Europe’s next tech hubs

Budapest and Bucharest are among Europe’s next tech hubs

by Ákos Budai
CBRE has published its inaugural Understanding European Technology Clusters report, highlighting the vibrancy and rapid growth of Europe’s tech sector. The report analyses the characteristics of tech clusters and explores future opportunities among high-performing, and emerging, tech cities across Europe. 
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News Brexit can’t stop investors in CEE

Brexit can’t stop investors in CEE

by Ákos Budai
Commercial real estate investment remained strong across Europe in Q2 2016 totaling €54.0 billion, up 2.5 per cent on Q1 2016 and 30.4 per cent on the ten year average. Investment into CEE countries for H1 2016 registered a substantial increase (59%) compared to same period of last year, reaching almost €5 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.
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Latest news

New leases

  • Business Services Center, a networking organisation for Polish entrepreneurs under the banner of BNI, BNI+ and Corporate Connections, has joined the group of tenants in the DL Tower building in Katowice. The company will occupy a space of 240 sqm.
  • Logistics operator CAT LC will occupy 9,000 sqm of space at the Śląskie Centrum Logistyczne Sosnowiec III. The company is part of the international Groupe CAT.
  • Intense Group has joined the group of tenants at the Vinci Office Centre. The Polish manufacturer and supplier of IT solutions will occupy approximately 700 sqm of space in the Kraków facility.

New appointments

  • STERENN, a consultancy firm specializing in hospitality market entry and real estate asset sourcing, proudly announces the addition of Bryan Wilson to its Advisory Board. Bryan Wilson brings a wealth of expertise in real estate transactions, particularly within the hospitality sector. He co-founded Wilsons, a prominent law firm in Prague, and is a UK-registered lawyer and now heads up the CEE region for DUAL Asset, transactional risk insurers.
  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.
  • Zuzanna Paciorkiewicz, PhD, has been appointed as Head of Asset Services CEE at Cushman & Wakefield following her tenure as Co-Head with Ondřej Fukal.


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