In the past five years, Colliers International has performed valuation for a total of over 500,000 commercial and residential properties worth €40 billion in Romania. The most complex and comprehensive appraising process in Colliers International’s portfolio was for BCR Palace on University Square in Bucharest.

Aroundtown has acquired an 11.8 percent stake in Globalworth. Aroundtown is a real estate company with a focus on properties with added value potential in central locations in top tier cities, primarily in Germany and the Netherlands.

Skanska is in talks with Israeli group Shikun & Binui and another unidentified potential buyer to sell its Campus 6.2 and Campus 6.3 office buildings that are still under construction in western Bucharest, economica.net reported. The value of this deal is estimated at around €100 million.

Accolade will invest almost €30 million in two warehouse buildings in Częstochowa with a combined area of ​​30,400 sqm. The two buildings at Panattoni Park Częstochowa are currently under construction with completion scheduled for February 2020.

M7 Real Estate and Conan Lauterpacht, formerly Head of Corporate Venturing at Altus Group, have established M7 Structura, a new European-focused venture capital firm dedicated to real estate technology. M7 Structura announced the launch of its first fund, which will invest in revenue generating PropTech companies at the institutional seed investment to Series A fundraising stage.

Hungarian investors Indotek Group plans to buy the 5-star Sofitel hotel in the centre of Budapest, according to hvg.hu. The transaction still requires the approval of the Hungarian Competition Authority.

Adventum International, a Malta-based boutique investment fund manager, has acquired the 66,000 sqm GLA Köki Terminal shopping centre in Budapest for its Adventum Quartum investment fund.

Bright Spaces, a proptech solution developed by a Romanian start-up, has received funding of €185,000 for development and implementation. The financing was coordinated by Sparking Capital as lead investor, with Growceanu Angel Investment and angel investor Ilinca Păun, former MD of Colliers International Romania.

One of the region’s most active investment managers, Griffin Real Estate has ambitious plans to further expand its portfolio in several market segments, potentially outside of Poland as well. Stanislav Frnka, the company’s Senior Partner has talked to Property Forum at Expo Real about Griffin’s investment strategy and the asset classes they’re exploring.

Trinova Real Estate has completed the acquisition of the Spectrum Building in Glasgow on behalf of Futureal Group, a leading real estate developer and investor in Central and Eastern Europe. The transaction marks a significant milestone in Futureal’s expansion into Western Europe.