ARTICLES LABELLED WITH TAG plaza-centers
23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
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17
Jul
2019
Jul
2019
AFI Europe to sell majority stake in Bucharest project
AFI Europe has signed a pre-sale agreement with Plaza Centers N.V. for the acquisition of 75% of the shares in the Casa Radio Project, for the price of €60 million.
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14
Feb
2019
Feb
2019
AFI Europe to buy Casa Radio building in Bucharest
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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07
Feb
2019
Feb
2019
Plaza Centers to sell land plot in Brasov
Plaza Centers has signed a pre-agreement for the sale of a plot in Brasov, Romania for a total gross amount of €620,000 which is slightly above the last reported book value.
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19
Oct
2018
Oct
2018
Plaza Centers sells land plot in Romania
Plaza Centers N.V. has signed a pre-agreement for the sale of a land plot in Miercurea Ciuc, Romania for €1.55 million.
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15
Jan
2018
Jan
2018
Plaza Centers CEO retires
Plaza Centers announced that CEO Dori Keren will retire from his position at the end of March 2018.
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05
Oct
2017
Oct
2017
Plaza Centers disposes of Budapest land plot
Plaza Centers has concluded an agreement with NEPI Rockcastle, on the termination of land use rights over a circa 21,788 sqm land plot adjoining Arena Plaza in Budapest, Hungary, registered to a subsidiary of the company, Kerepesi 5 Irodaépület Kft. NEPI Rockcastle has recently acquired the Arena Plaza shopping centre from a third party.
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26
Jun
2017
Jun
2017
Plaza Centers to sell Torun Plaza for €70 million
A Plaza Centers subsidiary has signed a non-binding letter of intent with an unnamed investment fund regarding the sale of the Torun Plaza shopping and entertainment centre in Poland. The LOI binds the purchaser to a strict timeline for undertaking a comprehensive due diligence process which would result in the transaction being completed by the middle of September 2017.
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24
Apr
2017
Apr
2017
Plaza Centers opens Belgrade Plaza
Plaza Centers N.V. announced that Belgrade Plaza opened to the public on 20 April. The completed centre is 97% let and expected to be fully leased in the coming months. Belgrade Plaza is the 34th shopping centre built by Plaza and its second scheme in Serbia.
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03
Feb
2017
Feb
2017
Plaza Centers completes sale of Suwałki Plaza
One of the subsidiaries of Plaza Centers has completed the sale of Suwałki Plaza shopping and entertainment centre in Poland to an investment fund for €42.3 million, which is in line with the last reported book value, the company reports.
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Latest news
- Czech transaction pipeline at €3 billion in early 2026
- aSpace sees 85% occupancy for Bucharest flex offices in 2025
- Redkom Development starts retail park project near Warsaw
- Nepi Rockcastle posts net operating income hike of 11% in 2025
- NEPI Rockcastle expects strong retail growth and plans further expansion in 2026
- Immocap secures €57 million loan for office project in Bratislava
- Panattoni hits 2 million sqm milestone in Czech Republic
- French investment funds enter Polish logistics market
- Wood Real Estate sells BBC1 office building in Bratislava
- Indotek Investments appoints new CEO
New leases
- mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
- Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
