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News How a 3-billion-euro megaproject will completely transform Belgrade
11
May
2016

How a 3-billion-euro megaproject will completely transform Belgrade

by Ákos Budai
More and more cities around the world are rediscovering the potential that lies in their waterfronts. Transforming old and dysfunctional industrial zones into lively areas with mixed uses has been trending for many years now and the Serbian capital has one of the most ambitious waterfront plans in the world. When new first broke about Belgrade Waterfront in the middle of the financial crisis few believed that the ambitious plans of Abu Dhabi-based developer, Eagle Hills would ever materialise. In 2016 however the wheels of the 1.8-million-square-metre megaproject are already set in motion, completely transforming the Serbian capital. Nikola Nedeljkovic, General Manager of Belgrade Waterfront talked to us about the 3-billion-euro development.
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News Budapest must prove itself again as a core CEE market
04
May
2016

Budapest must prove itself again as a core CEE market

by Ákos Budai
2015 has proven to be a turning point for both the Hungarian commercial property market and for Cushman & Wakefield, which has merged with DTZ. Adrian Limp MRICS, Head of Valuation & Advisory at Cushman & Wakefield Hungary talked to us about valuation practices in a recovering market.
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News How valuation and measurement standards can be raised in CEE
20
Apr
2016

How valuation and measurement standards can be raised in CEE

by Ákos Budai
RICS, hand in hand with other global organisations, is constantly working to raise the quality of property valuation and measurement standards. In several countries, RICS valuers are already required to join Valuer Registration, while IPMS for office buildings is being implemented in many different parts of the world. But when will these innovations result in better professional practices in Central and Eastern Europe? Maarten Vermeulen FRICS, Managing Director of RICS EMEA, CIS & Russia talked to us at the Portfolio - RICS Property Valuation 2016 conference in Budapest.
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News What to expect in Albania
27
Sep
2015

What to expect in Albania

by Ákos Budai
Would you have thought that many well know luxury brands have opened stores in Tirana before entering Budapest? This is especially interesting considering the fact that Hungary has a retail stock of 1.3 million square metres compared to 205 thousand square metres in Albania. Through our questions, Stela Dhami, Managing Partner at Colliers International Albania is introducing the property market of a country that is usually off the radar.
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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