ARTICLES LABELLED WITH TAG fortress-reit
18
Jan
2022
Jan
2022
MDC2 announces partnership on Łódź project
Warehouse developer operating on the Polish market, MDC2 has reached an agreement with Fortress REIT Limited – South Africa’s largest owner and developer of logistics real estate.
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06
Sep
2021
Sep
2021
Fortress buys 50,000 sqm industrial park near Bucharest
Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.
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17
Mar
2021
Mar
2021
New players rush to enter Poland’s warehouse market
Investors and developers from all over the world are in a race for a slice of Poland's rapidly-developing warehouse market cake. Property Forum takes a look at the new and expanding players that have made headlines in recent months.
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14
Mar
2021
Mar
2021
Fortress REIT buys first logistics asset in Romania
Fortress REIT, one of the largest developers in South Africa and the majority shareholder of NEPI Rockcastle, buys with €30 million the warehouses built by the owners Dedeman and Ionuț Dumitrescu in Chitila, according to Economica.net.
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11
Mar
2021
Mar
2021
Fortress REIT buys logistics parks in Bydgoszcz and Stargard
South African investor Fortress REIT has acquired two logistics parks in Bydgoszcz and Stargard from Griffin Property Finance. This is the first direct acquisition in Poland by Fortress REIT and the value of the transaction has not been disclosed.
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21
Jan
2021
Jan
2021
Fortress REIT to enter Romania's logistics market
South African developer Fortress REIT is close to entering the Romanian logistics market by acquiring the logistic park in Chitila, owned by Element Industrial and Dedeman, according to Ziarul Financiar, which cites market sources.
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Latest news
- Jet Investment buys logistics park near Gdańsk
- MLP Group starts new industrial project near Warsaw
- AFI Group to purchase new resi rental project in Prague
- Andrzej Wroński takes helm at 7R
- Next logistics cycle in CEE to reward patience
- EAM completes €70 million logistics project near Warsaw
- Wing appoints new Deputy CEO
- Arete secures €30 million financing from PKO for Polish project
- Scallier to develop new retail park in Darłowo
- Harden Construction reaches 1 million sqm milestone in Poland
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
