ARTICLES LABELLED WITH TAG Kinstellar

News Local CEE capital will continue to throw its weight around
13
Jul
2023

Local CEE capital will continue to throw its weight around

by Ovidiu Nicolae
Victor Constantinescu, Managing Partner of Kinstellar Bucharest, talked to Property Forum about this year’s environment for property investments in CEE and Romania’s emerging profile as a hub in the region which will generate more development across the economy, including the property and clean energy sectors.
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News Kinstellar sees pandemic-proof assets driving property demand in Romania
14
Mar
2022

Kinstellar sees pandemic-proof assets driving property demand in Romania

by Ovidiu Nicolae
There is increased demand for all categories of property assets in Romania, with office and industrial set to continue their growth streak this year. Property Forum talked to Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-Head of the firm-wide Real Estate practice, about the impact of the pandemic on Romania’s real estate market and how the country’s property investment potential can be harnessed in the next years.
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News Czech Republic and Poland lead in PRS development
15
Jul
2021

Czech Republic and Poland lead in PRS development

by Property Forum
The PRS market in the CEE region gathers pace and interest from investors but the majority of activity is currently centred around the Czech Republic and Poland. However, there is a larger number of PRS/BTR projects being announced in the pipeline for delivery over the next few years across the entire region. Colliers, in cooperation with Kinstellar and Greenberg Traurig, publishes a report entitled 'The Private Rental Sector: Has it found a home in CEE?'
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News Private rental sector to expand in Romania
15
Jul
2021

Private rental sector to expand in Romania

by Property Forum
Romania has one of the smallest private rental sectors (PRS) in Central and Eastern Europe (CEE), and the domestic market counts a little over 1,000 residential units in construction or planned, according to a report by Colliers in collaboration with Greenberg Traurig and Kinstellar. 
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News CEE's PRS market gathers pace and interest from investors
14
Jul
2021

CEE's PRS market gathers pace and interest from investors

by Property Forum
Residential investment volumes across the CEE region have been limited and averaged out annually at just over €200 million in the past 5 years. The balance between private, owner-occupied dwellings and those that are for rent in CEE lean towards ownership according to “The Private Rental Sector: Has it found a home in CEE?” report just launched by Colliers in collaboration with Greenberg Traurig and Kinstellar. From the stock of existing developer/investor-owned, multiple-unit PRS schemes, the Czech Republic is ahead, followed by Poland and the remaining countries behind that. 
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News Kinstellar sees a lot of liquidity on the market, expects new entries in SEE
12
Apr
2021

Kinstellar sees a lot of liquidity on the market, expects new entries in SEE

by Property Forum
Last year, international law firm Kinstellar played a vital part in closing two of the largest transactions on the office market in Romania: Floreasca Park, sold to Resolution Property (member of the Fosun Group) and Zeus Capital for more than €100 million and two Class A office buildings owned by Skanska sold to S Immo for €97 million. This was in addition to a series of deals in logistics and other asset classes. Property Forum talked to Victor Constantinescu, Managing Partner of the Bucharest office and Co-Head of the firm-wide Real Estate Practice, about how the first year of the pandemic was and what’s next.
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News Local investors acquire Brno shopping centre
24
Sep
2020

Local investors acquire Brno shopping centre

by Property Forum
Czech investment group Portiva and Micronix have acquired the Central Kladno shopping centre in Brno from Crestyl for approximately €74.8 million (CZK 2 billion).
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News OTP Bank provides €25 million loan for Sofia office project
20
Jul
2020

OTP Bank provides €25 million loan for Sofia office project

by Property Forum
Law firm Kinstellar has successfully represented OTP Bank and its Bulgarian subsidiary, DSK Bank, in negotiating a €25 million loan for the construction and operation of Balkan Business Center, a major office complex in Sofia.
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News Kinstellar advises buyer on Cluj-Napoca office acquisition
11
Mar
2020

Kinstellar advises buyer on Cluj-Napoca office acquisition

by Property Forum
Kinstellar has successfully advised its client, Ideal Projects (a joint venture between the Vetimex and Mirus groups) on the successful negotiation, signing, closing and refinancing of the Cluj-based Vivido, Advancity, and Cube office projects. This is the largest office acquisition outside Bucharest in Romania this year, with a total value exceeding €30 million.
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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