News Skanska buys land for €31 million in Prague

Skanska buys land for €31 million in Prague

by Ákos Budai
Skanska has acquired land in Prague, Czech Republic, from Codeco UK. The total investment amounts to CZK841 million (app. €31.1 million).
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News Echo Investment and EPP purchase development land in Warsaw

Echo Investment and EPP purchase development land in Warsaw

by Ákos Budai
Echo Investment – a Polish developer – and Echo Polska Properties – an international fund operating as a REIT - signed agreements to jointly buy and jointly develop a real property at ul. Towarowa 22 in Warsaw from Griffin Real Estate, a Polish private equity fund. The buyers will pay €120 million for the property – €78 million upon signing the agreement, while the remaining amount will be paid after certain planning conditions are met.
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News Investors go for development land in Hungary

Investors go for development land in Hungary

by Ákos Budai
Last year there has been a significant increase of interest from investors for logistics properties and properties for development, which signals the emergence of the automotive and e-commerce industry as well as the start of large-scale real estate developments – says DLA Piper’s annual Hungarian Real Estate Intelligence Report. According to DLA Piper, the increased acquisition activity from developers will translate into new commercial assets being introduced into the market around 2017 Q4 and 2018 Q1.
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Latest news

New leases

  • ROCKWOOL is expanding its office space in the Nowy Rynek D building, developed by Skanska in Poznań. In 2020, a competence centre was established on an area of 6,000 sqm. Now, the company has decided to lease additional 900 sqm.
  • Primark has opened the doors of its fourth shop in Poland for the first time in Katowice's Silesia City Center. The store occupies more than 3,600 sqm of retail space.
  • Signify is relocating its existing headquarters in Lódź. The new office, located in the city centre in the Hi Piotrkowska complex, has an area of over 2,800 sqm. The tenant was assisted in the signing of the contract and the process of arranging the new office by the consulting firm CBRE.

New appointments

  • From the beginning of December at BNP Paribas Real Estate Poland, Małgorzata Fibakiewicz will head the Office Department and Justyna Magrzyk-Flemming will take up the position of Head of Business Services.
  • Lucia Niculae has been appointed Business Development Director of Romanian construction company Pedro Construct. She has been an investor since 2018 and currently manages her own property portfolio. 
  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.


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