ARTICLES LABELLED WITH TAG market-group
16
May
2023
May
2023
MOL Campus gets LEED Platinum certification in Budapest
MOL Campus, the headquarters of the biggest company in Hungary, has already obtained a BREEAM Excellent certification. The complex offers 86,000 sqm of office and some retail space on 28 floors to host 2,500 staff.
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20
Feb
2023
Feb
2023
Hungarian developer Property Market has new leader
Market Group has appointed Ákos Kiss as Managing Director of Property Market, the development firm of the group. He has been working at the company since 2015 and before his appointment worked as Director of Sales, Marketing and Communication.
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08
Dec
2022
Dec
2022
CEO of Hungary's Property Market steps down
Mihály Schrancz, the CEO of Hungarian real estate development company Property Market has stepped down. The move was unexpected and no new leader has been announced yet.
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04
Nov
2022
Nov
2022
Jysk opens 143,000 sqm distribution centre in Hungary
The 143,000 sqm logistics facility of the Danish furniture retailer will serve more than 200 retail units in Hungary, Slovakia, Croatia and Slovenia. Online sales will be managed also from this centre. The complex was built by the Hungarian construction company Market Group.
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03
May
2022
May
2022
Market Group secures loan for Budapest mixed-use development
The asset management arm of Hungarian developer Market Group has signed a €65 million loan agreement with Raiffeisen Bank to finance a huge mixed-use project in a prestigious district of Budapest, not far from the embankment of the river Danube. A Class A office complex and a boutique hotel offering 127 rooms will be completed by 2023.
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Latest news
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
- Domestic capital reshapes CEE investment dynamics
- Accolade Group invests €60 million in Czech industrial park
- Belgrade residential market shows 10% growth in Q3 2025
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
