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News - Revetas sells TriGranit to Czech investor
07
Aug
2024

Revetas sells TriGranit to Czech investor

by Property Forum
Revetas Group has announced the sale of TriGranit to DRFG Investment Group for an undisclosed sum. TriGranit has over two decades of operations and has completed nearly 50 landmark projects, adding 1.7 million sqm of leasable area across seven countries in the region. 
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News - Outlet centres continue to expand in Europe
05
Aug
2024

Outlet centres continue to expand in Europe

by Property Forum
The number of factory outlet centres in Europe rose slightly to 198 units in the last 12 months, while their sales area expanded by 7.6% to just under 3.3 million sqm, according to an ecostra report. 
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News - Maistra Hospitality Group secures green loan up to €200 million
29
Jul
2024

Maistra Hospitality Group secures green loan up to €200 million

by Property Forum
Maistra Hospitality Group, Croatia's second-largest tourism player, has obtained a blue and green sustainability-linked loan of up to €200 million, from the International Finance Corporation (IFC), as part of its strategy to boost sustainability operations. 
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News - S Immo sells office building in Zagreb
23
Jul
2024

S Immo sells office building in Zagreb

by Property Forum
S Immo has announced the sale of HOTO Business Tower in Zagreb for an undisclosed sum. The project is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm. 
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News - Verne leases 28,500 sqm in VGP Park Zagreb for new plant
18
Jul
2024

Verne leases 28,500 sqm in VGP Park Zagreb for new plant

by Property Forum
Croatian autonomous car maker Verne has leased 28,500 sqm in VGP Park Zagreb for a new factory. Under the lease terms brokered by CBRE, VGP will develop a built-to-suit project for Verne featuring offices, warehouse space and a production facility.
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News - SEE construction sector could reach new peak by 2026
26
Jun
2024

SEE construction sector could reach new peak by 2026

by Property Forum
The construction industry in SEE-based countries is in the recovery phase and could reach a new peak by 2026, while some countries in Eastern Europe have cooling activity in this sector, according to a report by the Eastern European Construction Forecasting Association (EECFA).
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News - Avison Young expands in Greece as part of SEE push
19
Jun
2024

Avison Young expands in Greece as part of SEE push

by Property Forum
Avison Young has announced a strategic affiliation agreement with Athens-based QRA Real Estate Advisors as part of an expansion push in Southeastern Europe (SEE).
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News - Belgrade resi market sees lower deal volumes in Q1 2024
19
Jun
2024

Belgrade resi market sees lower deal volumes in Q1 2024

by Property Forum
Belgradee’s residential market recorded transactions worth €479.6 million during Q1 2024, down by around 11% compared to the same period of 2023, but the overall amount spent is still high, according to a report by real estate agency Cordon.
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News - Pemo Centar starts office investment in Zagreb
10
Jun
2024

Pemo Centar starts office investment in Zagreb

by Property Forum
Croatian investor Pemo Centar has announced the development of a new office building in Zagreb. The Business Centre Arena office building spanning 9,900 sqm will be delivered by Q4 2025 following an investment of around €20 million.
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News - Accor to open first Mercure hotel in Bulgaria
04
Jun
2024

Accor to open first Mercure hotel in Bulgaria

by Property Forum
Hospitality group Accor will open this autumn Mercure Sofia, the first hotel under the midscale brand in Bulgaria. The project will be operated under a franchise agreement with Festa Hotels.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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