ARTICLES LABELLED WITH TAG investment

News Czech Post to sell building in city centre for €62.3 million
25
Oct
2023

Czech Post to sell building in city centre for €62.3 million

by Property Forum
The Czech Post (Česká pošta) has announced a tender for the main post office building at the corner of Politických vězňů and Jindřišská streets in Prague. The asking price is CZK 1.538 billion (€62.3 million) excluding VAT. The tender was preceded by an offer of the building to state institutions, which was not taken up. This is according to information from the Czech Post on its website, the ČTK news agency reports. 
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News CTP hopes to go back to the bond market next year
24
Oct
2023

CTP hopes to go back to the bond market next year

by Ákos Budai
On the financing side, there is still demand for lending towards logistics. Maarten Otte, Head of Investor Relations at CTP, talked to Property Forum at Expo Real about financing conditions and the developer’s ambitious plans for the future.
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News Czech BHM group buys second industrial centre in Slovakia
23
Oct
2023

Czech BHM group buys second industrial centre in Slovakia

by Property Forum
Czech BHM group continues its purchases in Slovakia. This time, according to Seznamzpravy.cz, the holding bought a logistics and production complex called Trenčín Industrial Park used by automotive suppliers. The group did not publish the price of the transaction. 
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News E-commerce not seen as successful business for food retailers
23
Oct
2023

E-commerce not seen as successful business for food retailers

by Property Forum
Most retailers want to attract customers in-store through omnichannel, while e-commerce is not meeting the expectations of food retailers, concluded speakers in the rediscovering retail panel of CEE Property Forum 2023, held in Vienna last month.
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News Microsoft to cancel Prague data centre project due to Czech bureaucracy
20
Oct
2023

Microsoft to cancel Prague data centre project due to Czech bureaucracy

by Property Forum
According to three independent sources of the daily e15, Microsoft will likely cancel its plans to build a data centre in Prague. "There is still some small hope, but it is more like wishful thinking on the part of the managers of Microsoft's domestic branch," one of the sources, who did not want to be named, described the project.
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News Nhood Services and Ceetrus to sell Hungarian business to Indotek
19
Oct
2023

Nhood Services and Ceetrus to sell Hungarian business to Indotek

by Property Forum
Negotiations with Indotek Group have resulted in the sale of 100% of the Hungarian activities of Nhood Services and Ceetrus Hungary to the Hungarian investment group, Nhood Hungary announced. It also confirmed that with this transaction Indotek has acquired a 47% stake in Auchan's Hungarian retail operations. Auchan has an extensive Hungarian network of 19 hypermarkets, 5 supermarkets, and 18 petrol stations.
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News P3 presents strong results for H1 2023
19
Oct
2023

P3 presents strong results for H1 2023

by Property Forum
P3 Group has released its condensed consolidated interim financial statements for the six-month period ended 30 June 2023. The company reported continued strong operational and financial performance. 
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News Office building in Warsaw sold for PRS redevelopment
19
Oct
2023

Office building in Warsaw sold for PRS redevelopment

by Property Forum
Octava has sold the Obrzeżna Center office building in Warsaw to a Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.
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News Prague rejects purchase of Jindřiška Tower due to high price
19
Oct
2023

Prague rejects purchase of Jindřiška Tower due to high price

by Property Forum
It would be an unfavourable purchase, Prague councillors agreed in the case of the Jindřiška Tower, for which the Prague Archbishopric is demanding CZK 100 million (€4 million). This is twice as much as an expert's opinion, according to newstream.cz which commented on the original CTK report. 
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News Win an SEE Property Forum ticket by participating in our survey!
17
Oct
2023

Win an SEE Property Forum ticket by participating in our survey!

by Property Forum
Join Property Forum's exclusive investment survey to voice your thoughts on the most pressing issues concerning the Romanian market. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of Romania's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated SEE Property Forum & Awards Gala 2023 event.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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