ARTICLES LABELLED WITH TAG sap
21
Jan
2025
Jan
2025
Budapest office demand up 8% in 2024
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF).
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11
Oct
2021
Oct
2021
SAP acquires Sofia office building for €49 million
SAP is acquiring the newly built Class A office building Park Lane Office Center in Sofia for €49 million. The purchase price is equivalent to a 7.5% asset yield. This is the largest investment deal on the Bulgarian office property market so far in 2021
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Latest news
- Romania heads for weak December shopping season over consumer caution
- Warsaw office market grapples with low pipeline at end-2025
- Mitiska REIM sells Czech retail park to Fio Real Estate Fund
- Hillwood Poland buys projects from Blackstone-backed funds
- Why unified data models are becoming a strategic imperative for real estate leaders
- Construction outlook in Eastern Europe looks positive in 2026
- Czech market hits investment record of €4.1 billion in 2025
- Nepi Rockcastle names Marius Barbu as new COO
- What the surge in technical services demand means for property investments in 2026
- ELI Parks expands industrial project in Iași
New leases
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
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.
