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News - Investment activity is booming but red flags are starting to appear
28
Nov
2019

Investment activity is booming but red flags are starting to appear

by Ákos Budai
There’s a lot of capital targeting real estate in Central & Eastern Europe but finding the right investment product remains a huge challenge. Panellists of the CEE investment panel at Portfolio Property Investment Forum 2019 in Budapest discussed the risks investors in the region need to keep in mind.
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New leases

  • Laboratoires Théa, a leader in the European and Polish ophthalmology market, has joined the tenant roster at the LIXA C office building in Warsaw. The company’s local subsidiary, Théa Polska, has leased nearly 1,000 sqm of modern office space on the first floor of the building owned by Yareal Polska.
  • IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
  • Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.

New appointments

  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.

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