ARTICLES LABELLED WITH TAG fortress-reit

News - MDC2 announces partnership on Łódź project
18
Jan
2022

MDC2 announces partnership on Łódź project

by Property Forum
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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News - Fortress buys 50,000 sqm industrial park near Bucharest
06
Sep
2021

Fortress buys 50,000 sqm industrial park near Bucharest

by Property Forum
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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News - New players rush to enter Poland’s warehouse market
17
Mar
2021

New players rush to enter Poland’s warehouse market

by Michał Poręcki
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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News - Fortress REIT buys first logistics asset in Romania
14
Mar
2021

Fortress REIT buys first logistics asset in Romania

by Property Forum
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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News - Fortress REIT buys logistics parks in Bydgoszcz and Stargard
11
Mar
2021

Fortress REIT buys logistics parks in Bydgoszcz and Stargard

by Property Forum
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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News - Fortress REIT to enter Romania's logistics market
21
Jan
2021

Fortress REIT to enter Romania's logistics market

by Property Forum
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


New leases

  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
  • Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.

New appointments

  • 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.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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