ARTICLES LABELLED WITH TAG Gránit Pólus

News Energy-related investments became a first priority for landlords
27
Sep
2022

Energy-related investments became a first priority for landlords

by Property Forum
Managing retail assets was never an easy job. As the energy crisis is no longer a future problem and the recession seems inevitable, firms involved face huge challenges and have to rethink their strategy and short-term steps to survive. Property Forum asked Miklós Gyertyánfy, Chief Operating Officer at Hungary-based landlord Gránit Pólus Management Zrt. about their way to tackle those challenges.
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News Crowne Plaza signs first hotel in Budapest
17
Nov
2020

Crowne Plaza signs first hotel in Budapest

by Property Forum
IHG (InterContinental Hotels Group) has signed a management agreement with Granit Polus Group for a compelling property to be re-branded to Crowne Plaza Budapest in 2021. The hotel, located in downtown Pest in the same building complex as the Westend City Centre shopping centre, is currently operated by Hilton under the name Hilton Garden Inn Budapest City Centre.
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News Hungarian real estate magnate passes away
28
Mar
2018

Hungarian real estate magnate passes away

by Property Forum
Hungarian entrepreneur Sándor Demján has died at the age of 74 on 26 March, Gránit Pólus, of which he was the Founder and Chairman, announced.
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News Granit Polus has major plans for Budapest
21
Dec
2017

Granit Polus has major plans for Budapest

by Ákos Budai
Founded almost 25 years ago by owners and managers of the former TriGranit Group, Granit Polus recently announced its intention to launch a major mixed-used development in the centre of Budapest. Owner Sándor Demján and CEO Gyula Ágházi shared the company’s new strategy with Property Forum.
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News Granit Polus to launch new city centre development in Budapest
22
Nov
2017

Granit Polus to launch new city centre development in Budapest

by Property Forum
Granit Polus is about to transform the most valuable plot of land in Budapest by a large-scale mixed-use development. The new district will host office buildings, retail units, residential areas and hotels.
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News Granit Polus ownership consolidation continues
15
Nov
2017

Granit Polus ownership consolidation continues

by Property Forum
Continuing the ownership consolidation program started two years ago, Peter Munk, a Canadian businessman, was bought out of Granit Polus. In the new ownership structure, Sándor Demján and his direct management are the majority owners of the group of companies. Sándor Csányi remained as minority owner.
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News Granit Polus secures €335 million loan for Budapest mall
14
Nov
2017

Granit Polus secures €335 million loan for Budapest mall

by Property Forum
Granit Polus Group has signed a credit agreement of €335 million with a syndicate of Erste Group Bank AG, Erste Bank Hungary Zrt., UniCredit Bank Hungary Zrt., UniCredit SpA and K&H Bank Zrt. in order to refinance existing loans and provide a capex credit line for WestEnd City Center.
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Latest news


New leases

  • Modesta Real Estate has found a new office location for one of the leading suppliers of LPG in Slovakia. FLAGA, part of UGI International, will move into about 300 sqm in the Westend Business Zone close to the city centre of Bratislava in May 2023.
  • Szerémi Office Building in Budapest welcomed an unnamed new tenant which has signed a long-term lease agreement for 1252 sqm of space in the property. The complex of three interconnected buildings provides a total floor space of nearly 10,500 sqm.
  • Kucera Logistics Group Sp. z o.o Sp. K. has decided to open a new distribution centre at Panattoni Park Pruszków V. The tenant will occupy nearly 3,300 sqm of warehouse and office space in the new location. AXI IMMO represented Kucera Logistics Group in the transaction.

New appointments

  • CPI Property Group has appointed Karol Klin as Head of Office Leasing in Warsaw from the 1st of February. He is a recognised specialist in the commercial real estate sector. He gained more than 20 years of experience in such companies as Cornerstone, Globalworth, Echo Investment, Skanska and GTC.
  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.


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