ARTICLES LABELLED WITH TAG radovan-vitek
05
Feb
2024
Feb
2024
Immofinanz explores partial sale of Bucharest office complex
Immofinanz Romania, part of CPI Property Group (CPIPG), is reportedly negotiating a partial sale of its Iride Business Park office complex located in northern Bucharest.
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11
Feb
2022
Feb
2022
Change of guard in CEE: The birth of a €20 billion empire
Czech businessman Radovan Vítek has amassed a fortune estimated at around €4.1 billion while increasing his influence in the European property sector. Vítek holds firm control of CPI Property Group, the company he founded with assets topping €11 billion and has gradually built majority stakes in Globalworth and Immofinanz, both competing groups in Central and Eastern Europe. By purchasing controlling participations in these companies, Vítek could build his property investment empire across CEE to the tune of around €20 billion and 7 million sqm of developed space, covering every country and asset class in the region. This story is a prime example of the rise and strength of local capital in CEE, in addition to the gradual decline of influence held by Austrian companies over the region.
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Latest news
- Panattoni starts new BTS project in Małopolska region
- Czech Republic launches €76 million affordable housing fund
- Strabag gets building permit for Bratislava resi project
- Panattoni sells distribution centre in Koluszki to DL Invest Group
- ESG under scrutiny as investors, banks and tenants raise the stakes
- Fiege expands to 51,000 sqm at Panattoni Park Moson
- Asian capital drives Central Europe property boom
- Elhurt Plus sells Bochnia logistics park to DL Invest
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
