ARTICLES LABELLED WITH TAG property management

Savills has been appointed property manager of Arkada Business Park, a Class A office complex in Bydgoszcz. The building has already received an occupancy permit.

CPI Property Group announced the acquisition of Atrium Centrum & Atrium Plaza office buildings in Warsaw, Poland. Atrium Centrum & Atrium Plaza are seven-storey office buildings located in the centre of Warsaw. The two office buildings have an aggregate GLA of 31,869 sqm and include a medical centre, a restaurant, a bank, a pharmacy, a premium fashion store and 410 parking lots. CPIPG worked directly with the seller, which was a fund under the management of Peakside Capital Advisors.

LC Corp Group has chosen Knight Frank to be the property manager of Retro Office House in Wrocław. Completed at the end of March, the office building offers a leasable area of 20,700 sqm and has already been rented out almost in its entirety.

So far in 2018 CBRE won the management of further 10 properties (industrial and shopping centres and an office building) in Budapest. The Budapest office now manages a 600,000 sqm portfolio in Hungary.

JLL has been selected by Immofinanz as the property manager of the Park Postępu office complex in Warsaw. JLL took over management of the building on 1st April 2018.

Colliers International will provide property management services to the Europejski multifunctional project in Warsaw - former Hotel Europejski. The historic building at Krakowskie Przedmieście will house high-class office, retail and service space, in addition to a luxury hotel.

Landlords and tenants have become more educated in recent years. Landlords know better what to request from PM providers and tenants know what they should expect in a modern office building. Mariana Stamate, Associate Director, Head of Property Management at JLL Romania provided an overview of the property management business in Romania.

Colliers International was assigned by Werk Property Group to offer property management services for the Vox Technology Park office project in Timisoara. Therefore, the Colliers International team strengthens its leading position on the office property management market, as the managed office portfolio grew by 10% up to 280,000 leasable sqm, out of a total portfolio of 380,000 leasable sqm.

Multi Corporation, a pan-European fully integrated retail real estate service platform, recently acquired the asset and property management of Allee Centre. This shopping centre is located in the city-centre of Budapest and includes 46,700 sqm of retail space. Multi’s centre management team took over the management of Allee Centre on 1 January 2018, marking Multi’s first entry into the Hungarian retail real estate market. This is the fourteenth country in which Multi Corporation is developing its operations.

As of January 2018, BNP Paribas Real Estate was selected to provide property management services for a real estate portfolio of 60,000 sqm commercial properties owned by OTP Real Estate Investment Fund. The mandate consists of 4 buildings: Akadémia Park, Szépvölgyi 22, Raday 42 and a logistics park in Gyál, at the outskirts of Budapest.