The most prominent investors of the SEE region shared their projections for the upcoming year at the international investment panel at SEE Property Forum 2019, moderated by Tim Wilkinson, Partner at Cushman & Wakefield Echinox.
Serbia's Ministry of Construction, Transport and Infrastructure has issued a permit for the construction of the Kula Belgrade tower to Belgrade Waterfront, the developer of the Serbian capital’s largest real estate project, local media reports.
KD Adriatic Value Fund, Special Investment Fund, the first regulated real estate alternative investment fund (AIF) in Slovenia, managed by KD Funds in partnership with Peakside Capital, has finalised the acquisition of the Austria Trend Hotel in Ljubljana. This transaction represents the fourth commercial real estate acquisition in Slovenia by the KD Adriatic Value Fund, with the first acquisition completed in April 2018.
Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on 1 April 2019. Mr Davis follows Matteo Patrone who has become Managing Director for Eastern Europe and the Caucasus.
Stable rents and yields unscathed by increasing supply of office and industrial space – this is what Cushman & Wakefield Forton expects to see on the Bulgarian commercial property market in 2019, according to the company’s latest forecast.
Hungarian bank OTP reportedly plans to purchase the largest real estate project from Gránit Pólus in the Slovenian capital through the acquisition of project development companies, according to local media. The Emonika project, valued at €250 million, would see the construction of 196,000 sqm of office, retail, residential and hotel space.
Just before the end of 2018, GTC S.A. signed €94.6 million new loan agreements certifying the financial solidity of the company. The refinancing was granted to three prime projects of the developer and asset manager – GTC White House in Budapest, FortyOne in Belgrade, and Artico in Warsaw.
How are companies adapting to the changing trends in workplace solutions? What is fundamentally different in the requirements of younger employees? How can employees use the workplace as an expression of company identity? The participants of the office leasing panel at Balkans Property Forum 2018, moderated by Michael Smithing FRICS, Former Member of the Europe and Hungary Boards of RICS, discussed new trends in workplace solutions.
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