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News Pedja Petronijevic steps down from GTC's Management Board
06
Jul
2022

Pedja Petronijevic steps down from GTC's Management Board

by Property Forum
Pedja Petronijevic and GTC terminated their agreement with mutual consent as a result Pedja will be stepping down from his current position as a member of GTC’s Management Board effective as of 15 July 2022. 
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News Serbia's West Properties to become Colliers affiliate
04
Jul
2022

Serbia's West Properties to become Colliers affiliate

by Property Forum
Colliers has entered into an affiliate agreement in the EMEA region with the leading real estate services company in Serbia, West Properties.
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News Regional construction market outlooks turn negative
30
Jun
2022

Regional construction market outlooks turn negative

by Property Forum
Previous optimism over the prospect of the construction market in the Southeast European region is gone, the Eastern European Construction Forecasting Association (EECFA) reports. The current forecast is foreshadowing almost no growth until 2023 and contraction in 2024. The main reason behind is the worsening climate for construction due to the consequences of the Russian invasion of Ukraine.
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News IHG Hotels & Resorts signs InterContinental Tirana
28
Jun
2022

IHG Hotels & Resorts signs InterContinental Tirana

by Property Forum
IHG continues the expansion of its luxury & lifestyle growth in Europe with InterContinental Tirana set to open in 2025.
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News Equinox Nepremičnine to operate three hotels in Ljubljana
23
Jun
2022

Equinox Nepremičnine to operate three hotels in Ljubljana

by Property Forum
Equinox Nepremičnine d.d., the first public limited company on the Ljubljana Stock Exchange to engage in real estate leasing and development, has just negotiated a strategic 20-year lease on Grand Hotel Union, uHotel and Hotel Lev in Ljubljana. The deal was signed with world-renowned Hotusa Group, for a cumulative rent exceeding €110 million. The operator search was exclusively organised by Cushman & Wakefield.  
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News Corwin wants to build a carbon-neutral office portfolio
31
May
2022

Corwin wants to build a carbon-neutral office portfolio

by Property Forum
Slovak developer Corwin has announced that its office projects in Bratislava and Ljubljana will soon join the list of LEED Zero Carbon certified carbon neutral buildings of which there are only 8 in existence at the moment.
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News Radisson Hotel Group opens repositioned hotel in Pula
23
May
2022

Radisson Hotel Group opens repositioned hotel in Pula

by Property Forum
Radisson Hotel Group announced the debut of its luxury lifestyle Radisson Collection brand in Croatia, with the opening of Grand Hotel Brioni Pula, A Radisson Collection Hotel. This follows an extensive £30 million repositioning of the legendary Hotel Brioni, one of Croatia’s best-known hotels, by Radisson Hotel Group’s partner PPHE Hotel Group and its Croatian subsidiary Arena Hospitality Group.
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News Airport City Belgrade Business Park secures new tenant
20
May
2022

Airport City Belgrade Business Park secures new tenant

by Property Forum
Kuehne+Nagel Global Services has leased 9,000 square meters at the Airport City Belgrade Business Park, in a transaction brokered by the consulting company Coreside Savills.
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News M7 Real Estate bets on logistics and its existing markets in CEE
12
May
2022

M7 Real Estate bets on logistics and its existing markets in CEE

by Ákos Budai
David Ebbrell, CEO and Mirta Ceranac Poljak, Managing Director for Croatia at M7 Real Estate talked to Property Forum at MIPIM about investment strategy, economic challenges and opportunities for sustainable growth.
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News Bulgarian construction market enters period of unpredictability
12
May
2022

Bulgarian construction market enters period of unpredictability

by Property Forum
According to Yasen Georgiev from EPI, EECFA Bulgaria, like elsewhere in the EECFA countries that are not directly impacted by the war in Ukraine, the construction market in Bulgaria entered a period of an increasing unpredictability. What stands behind is an interplay between domestic and external factors.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.

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