ARTICLES LABELLED WITH TAG Futureal

Futureal Investments Partners has announced that it will start the renovation of one of its recently acquired real estate investments in Poland. The Wratislavia Tower office building in Wrocław will be renovated with an intention to obtain the BREEAM Excellent In-Use certificate. More than half of the complex will be leased by the City of Wrocław.

Classical shopping centres should adapt to the latest trends in retail to survive. That includes establishing strong ties between the digital and physical world and defining the tenant mix more accurately. Entertainment is also a must as these centres will have to become beloved community centres as well, says Márk Balástyai, Project Director of the recently opened Etele Plaza, built by Hungarian developer Futureal.

The HelloParks Fót warehouse project developed by Hungarian firm Futureal Group will consist of several buildings on the northern outskirts of Budapest. More than fifty percent of the first, already-open phase is now leased. 

Cordia has begun its latest large scale urban regeneration project, the revitalization of the site of the former Modena garment factory in Poznań, Poland. 

Hungarian developer Futureal has signed a loan agreement worth €79.5 million with UniCredit Bank to finance the construction and long-term operation of the Corvin Innovation Campus office complex in Budapest. 

CREAM Property Advisors is now responsible for leasing the retail space of the Galeria Bemowo shopping centre in Warsaw.

Pál Darida, Director of Transactions and Financing at Futureal Group, passed away on Monday, the group announced. 

Futureal-Cordia-HelloParks Group and its employees have made a number of commitments to help refugees from Ukraine.

Karol Pilniewicz, Chief Investment Officer of Futureal Investment Partners talked to Property Forum about entering the investment market, the condition of the retail sector after two years of pandemic restrictions and current financing conditions.

The first phase of the Corvin Innovation Campus, with almost 17,200 sqm of office space, has reached its highest point. Developed by Futureal and located in the immediate vicinity of Corvin Promenade in Budapest, the first phase of the 30,000 sqm complex is expected to be completed by the end of 2022, while the second phase is scheduled for completion in Q4 2023.