ARTICLES LABELLED WITH TAG SEE

News  GTC plans new projects from Warsaw to Sofia
21
Mar
2018

GTC plans new projects from Warsaw to Sofia

by Import Sys
GTC closed 2017 with a €105 million development profit. The company acquired Belgrade Business Center (17,700 sqm) in September 2017 and the Cascade office building (4,200 sqm) in Bucharest in August 2017 for a total sum of €46 million. GTC presented its 2017 financial results.
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News Wing buys two office buildings in Sofia
21
Mar
2018

Wing buys two office buildings in Sofia

by Import Sys
Hungarian investor and developer Wing has acquired two office buildings in Sofia, Bulgaria for a total of €9.85 million. The DXC Office Building has 8,000 sqm GLA, while the BULMAG Office Building offers 770 sqm of leasable space.
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News Hystead to receive €164 million in loans from EBRD and IFC
28
Feb
2018

Hystead to receive €164 million in loans from EBRD and IFC

by Import Sys
The EBRD and IFC, a member of the World Bank Group, are boosting the retail sector in Serbia, Montenegro and FYR Macedonia with €164 million in loans to the investment firm Hystead.
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News Power play deals dominate CEE investment markets
22
Feb
2018

Power play deals dominate CEE investment markets

by Import Sys
According to the latest analysis prepared by the Capital Markets team Cushman & Wakefield, investment volumes in Central and Eastern Europe reached nearly €13 billion in 2017. All CEE countries grew at a similar rate and maintained their share of the overall regional volume. Despite political risk perceptions, Poland grew most rapidly at 9% y-o-y from approx. €4.6 billion to €5 billion, which was the highest result recorded in the last 10 years. 2018 has already seen the benefit of deals that slipped from late 2017 with the investment volume in Q1 2018 likely to exceed €3 billion.
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News NEPI Rockcastle plans major retail developments in SEE
21
Feb
2018

NEPI Rockcastle plans major retail developments in SEE

by Import Sys
NEPI Rockcastle published its results for 2017. The total value of direct property portfolio owned and managed by NEPI Rockcastle exceeded €5 billion (including joint-ventures). Acquisitions and developments finalised during 2017 totalled €947 million, with 339,800 sqm GLA added.
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News Automotive companies in Bulgaria expect higher revenues
21
Feb
2018

Automotive companies in Bulgaria expect higher revenues

by Import Sys
Colliers International, Automotive Cluster Bulgaria and Pwc conducted a second consecutive survey of the automotive industry in Bulgaria. There are approximately 130 automotive companies in the country, producing components for top international automotive brands. These are predominantly Tier 1, 2 and 3 suppliers and include producers, which service other industries as well.
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News HTL dominates Croatia’s investment market
16
Feb
2018

HTL dominates Croatia’s investment market

by Import Sys
In 2017 approx. 90% of the total investment volumes in the commercial real estate were recorded in retail and HTL on the Croatian market. Most of the investment and development activity came from the investors already present on the market. Newcomers were mostly focused on distressed/value-add or brownfield opportunities in the HTL sector. Retail and HTL will remain the most active sectors in terms of investment and development volumes in 2018, Colliers projects.
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News Have CEE investment markets peaked yet?
16
Feb
2018

Have CEE investment markets peaked yet?

by Import Sys
Economic sentiment indicators are still pointing towards further expansion in CEE-6 investment volumes in 2018, over and above 2017’s cycle high of €12.9 billion. The current economic and real estate investment cycle might top out in 2019. Colliers International has published its investment outlook for the CEE-6 real estate markets for 2018.
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News Bulgarian investors buy Sofia office building
06
Feb
2018

Bulgarian investors buy Sofia office building

by Import Sys
Avestus Capital Partners, an Irish real estate investment and asset manager, sold a landmark office building in the heart of Sofia. Moskovska Business Center changed its owner after several months of negotiations with strong interest from local and foreign investors. The buyer is a Bulgarian company owned by private investors with interests in different fields of business. The transaction price has not been disclosed. Cushman & Wakefield Forton acted as an exclusive advisor to the seller.
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News Year of records and positive prospects for Bulgaria
31
Jan
2018

Year of records and positive prospects for Bulgaria

by Import Sys
2017 was a record breaking year for the Bulgarian office market with almost 200,000 sqm take-up in Sofia. The investment volume has also been the strongest ever with €1 billion invested in commercial property (land acquisitions included) from which income generating assets hold €870 million. Cushman & Wakefield Forton summarised 2017 on the Bulgarian office, retail and industrial markets.
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Latest news


New leases

  • SoftServe has opened an office in the Lubicz Park building in Kraków's Grzegórzki district. The software company has taken up approximately 660 sqm.
  • Global brokerage firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building in Warsaw and remains at 7,300 sqm. As of 2021, the building is owned by CPI Property Group Poland.
  • Baskervill, an international architectural, engineering, and design firm, opened up its office in Gdańsk. A 200-sqm space is located in Officyna building.

New appointments

  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.
  • Zuzanna Paciorkiewicz, PhD, has been appointed as Head of Asset Services CEE at Cushman & Wakefield following her tenure as Co-Head with Ondřej Fukal.
  • Walter Herz consulting company has announced promotions in the Marketing and Sales team as well as the Tenant Representation team. Karolina Migdał-Koleśnikow has taken on the position of Sales & Marketing Director, and Michał Porzycki has assumed the role of Head of Tenant Representation Warsaw.

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