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News - Prologis announces 2017 activity in CEE
15
Feb
2018

Prologis announces 2017 activity in CEE

by Import Sys
Prologis announced its full-year 2017 activity for its business in Central and Eastern Europe. Last year the developer reached a record-breaking occupancy of 97.4 percent, leased of 1.6 million of space, delivered 15 buildings and launched 9 new developments.
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News - EPP publishes H1 2017 results
08
Sep
2017

EPP publishes H1 2017 results

by Ákos Budai
JSE listed Echo Polska Properties (EPP) released its interim results for the six-month period ended June 2017. During the period EPP successfully concluded €262 million in acquisitions, boosting the portfolio to €1.7 billion.
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News - GTC plans eight new projects in CEE
21
Aug
2017

GTC plans eight new projects in CEE

by Ákos Budai
According to CEO Thomas Kurzmann the first half of 2017 was dedicated to advance planning and permitting on development pipeline projects as well as acquisition of enew office locations in the fastest growing office markets of Budapest, Bucharest and Sofia. GTC published its financial results for H1 2017.
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News - BNP Paribas Real Estate publishes 2016 results
15
Mar
2017

BNP Paribas Real Estate publishes 2016 results

by Ákos Budai
BNP Paribas Real Estate generated revenues of €704 million in 2016 and announced a net profit of €155 million before tax. Nearly half (43%) of revenues came outside of France. 
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News - TriGranit posts its Q1 2016 results
13
May
2016

TriGranit posts its Q1 2016 results

by Ákos Budai
TriGranit has started its first year backed with a new owner, TPG Real Estate. In Q1 2016, new leases and renewal agreements reached 25,777 sqm GLA, the average occupancy rate is over 95% in TriGranit managed assets and the company has 20,000 sqm GLA office development in progress. Due to the strong performance of the BPO sector in the region, the company plans further office developments in the near future in each of its core countries: Poland, Hungary and Slovakia. 
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Latest news


New leases

  • Local developer ELI Parks has leased 8,900 sqm within ELI Park Bacău to Aquila, the distribution and logistics company specialized in the FMCG sector.
  • Vastint Romania has announced the opening of Saint Roastery Botanica, an urban café, within Business Garden Bucharest, occupying an area of 165 sqm.
  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.

New appointments

  • 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.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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