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News Czech UDI Group prepares for hotel construction in Budapest
12
Jun
2024

Czech UDI Group prepares for hotel construction in Budapest

by Property Forum
International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.
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News Italian architects to design for Penta in Bratislava
12
Jun
2024

Italian architects to design for Penta in Bratislava

by Property Forum
The Italian studio Stefano Boeri Architetti has been announced as the winner of the international architectural and urban planning competition opened by Penta Real Estate at the end of last year for the Chalupkova project in Bratislava. The land is located in the Mlynské nivy zone and is bordered by Košická and Chalupkova streets.
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News Bucharest records steep fall in office pre-leases
12
Jun
2024

Bucharest records steep fall in office pre-leases

by Property Forum
Bucharest’s office development pipeline is low, with just 24,000 sqm expected for delivery by the end of 2025, which could further push pre-leasing activity to new lows, according to a report by iO Partners.
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News Skanska sells Nowy Rynek E in Poznań for over €79 million
11
Jun
2024

Skanska sells Nowy Rynek E in Poznań for over €79 million

by Property Forum
Skanska has sold the Nowy Rynek E office building constructed in the Wilda district of Poznań, Poland. The buyer is Eastnine AB, a Swedish real estate company focused on office premises in prime locations at selected markets in the Baltics and Poland. This is the second transaction between these two parties in Central and Eastern Europe. 
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News Pemo Centar starts office investment in Zagreb
10
Jun
2024

Pemo Centar starts office investment in Zagreb

by Property Forum
Croatian investor Pemo Centar has announced the development of a new office building in Zagreb. The Business Centre Arena office building spanning 9,900 sqm will be delivered by Q4 2025 following an investment of around €20 million.
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News JLL becomes exclusive agent for future Atenor projects in Poland
10
Jun
2024

JLL becomes exclusive agent for future Atenor projects in Poland

by Property Forum
JLL will be responsible for leasing Atenor's future projects in Poland. Based on the success of Lakeside, Atenor has decided to entrust JLL with the commercialisation of its next two projects: Lakeside II i.e. the modernised UBC II building and FORT 7.
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News Important permitting step for JTRE's Bratislava project starts
07
Jun
2024

Important permitting step for JTRE's Bratislava project starts

by Property Forum
The developer WOAL, where JTRE and Cresco Real Estate are partners, has been preparing the concept of the development of the former Culture and Recreation Park in Bratislava for almost 10 years. For its part, Cresco has already received a valid decision on the location of the building earlier in 2024. JTRE, based on the announcement on the official board, is starting the proceedings for its parts now, reports YIMBA.sk.
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News Bratislava Southbank enters EIA to prove it is green enough
04
Jun
2024

Bratislava Southbank enters EIA to prove it is green enough

by Property Forum
Developer Penta Real Estate has made progress in the preparation of the Southbank project and entered the environmental impact assessment, reports Yimba.sk. The key owners, the developers J&T Real Estate and Penta Real Estate, are planning to build a new mixed-use zone near the Danube Embankment in Bratislava.
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News Torus sells Format office building in Gdansk
04
Jun
2024

Torus sells Format office building in Gdansk

by Property Forum
Private equity fund Greenstone has acquired an almost 80% stake in a special purpose vehicle owning the Format office building in Gdańsk. The vendor was Torus, which was advised during the transaction process by global real estate services firm Cushman & Wakefield and law firm Greenberg Traurig. The buyer was advised by LegalKraft and Trebbi. The price has not been disclosed.
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News JTRE launches another construction in Eurovea city
03
Jun
2024

JTRE launches another construction in Eurovea city

by Property Forum
Developer JTRE has started construction on the Ganz House project, reports Yimba.sk. The project is part of Eurovea City between Landererová Street and the Danube embankment.
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Latest news


New leases

  • The Mobile Vet and Mobile Pet chain has leased space in Bucharest-based One Cotroceni Park for the opening of a new veterinary clinic and pharmacy in which it has invested around €500,000. The transaction was brokered by Cushman & Wakefield Echinox.
  • The Skechers chain has opened a new store in Manufaktura in Łódź. It has the size of 150 sqm.
  • IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. The company occupies 3,600 sqm there. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne (470 sqm).

New appointments

  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.

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