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
- Ukraine's commercial property market sees growth in compact formats
- Budapest housing demand drops as market cools
- Diversification into healthcare remains a strategic priority for CPI Romania
- Warsaw building permits now take 18 months
- Matadorka Living secures project financing from Tatra banka
- Croatia's Tokić bets big on 40,000 sqm automated Zagreb hub
- InterCapital fund snaps up Zagreb's Avenue Mall for €100 million
- Tesco reportedly explores sale of Central European business
- Romania climbs Europe's industrial map: 9 in 10 counties in top tier
- AI factories rewrite the rules of global manufacturing
New leases
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
