ARTICLES LABELLED WITH TAG SEE

Hybrid work has accelerated the demand for efficient management of corporate real estate and corporate workplaces to drive real estate rationalization, achieve balanced space utilization and deliver post-pandemic employee experience. The most relevant role in this process will be played by digital solutions that focus on improving the user experience, sustainability, and connectivity in assets. Companies will be looking for an Integrated Workplace Management Systems (IWMS) to deliver the highest value add to their employees, tenants and real estate portfolios as such.

GTC is set to further develop the Matrix Office Park in Zagreb by adding another building to the complex. The third building, Matrix C, which received a building permit earlier this year, will be the newest extension to the business centre. Just like the previous two, Building C is meant to provide innovative office space, while maintaining a high ecological standard for an international tenant mix. The shell & core of the building is scheduled for completion in Q2 2023 ready for the fitting out of tenant areas.

IREP and West Properties have joined forces in a partnership to provide full real estate services for Serbia and the wider Balkans region. In a strategic move that will be announced at MIPIM in Cannes, France, the two companies will combine key services, knowledge and experience to offer a comprehensive and dynamic range of services currently not available in this region.

Fortenova Group has signed a contract with Agram Group for the sale of the  Cibona Business Tower in Zagreb. The asset comprises office premises on 16 floors as well as garage areas amounting to 6,700 square meters overall. In accordance with the contract, the pruchase price is not being disclosed.

Slovak developer Corwin, the company behind the Kvartet residential neighbourhood and the recently unveiled Vilharia project, together with Hartenberg, a Prague-based company focused on investments in Central Europe, have acquired two substantial land plots in the prime locations within the inner city.

Slovak real estate developer Corwin announced that their Vilharia office project in Ljubljana has been awarded the LEED Platinum pre-certification. This means that the project fulfils the strictest energy efficiency, economy and user wellbeing criteria.

Indotek Group continues its international expansion in Greece, entering the Athens real estate market with the acquisition of a three-star, 124-room hotel. The Oscar Hotel Athens is the Group's first acquisition in Greece, adding more than 6,000 square meters of space to its international real estate portfolio. The company's aim is to ensure that the hotel, which is currently closed, can reopen as soon as possible following a complete renovation, thus enabling it to be put to good use. With this acquisition, Indotek Group further strengthens its international real estate position in Greece and Southeastern Europe.

After issuing a green bond in 2020, CA Immo signed its second sustainability-linked financing instrument at the end of 2021: a €300 million 3-year revolving credit facility (RCF) with two one-year extension options, whose margin is amongst others tied to the company's sustainability performance.

At the end of 2020, Porto Montenegro presented to the public its long-awaited project – the innovative, urban-style neighbourhood of Boka Place. The carefully planned space blends gastronomy, shopping and entertainment with many other benefits, available to Porto Montenegro residents as well as to more than 3.1 million visitors coming each year.

Indotek Group has completed the acquisition of 11 office buildings in 5 business parks in Belgrade from GTC. With the closing of one the recent years’ largest transactions in CEE, Indotek Group has further strengthened its position in the regional real estate market and is now present in 12 countries.