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News - Cordia buys office space in Birmingham for new UK HQ
18
Mar
2021

Cordia buys office space in Birmingham for new UK HQ

by Property Forum
Hungary-based residential developer Cordia International Zrt. continues its international expansion strategy. After acquiring UK developer Blackswan last year, the company has announced the acquisition of a new office space in the heart of the Jewellery Quarter, Birmingham, England, which will become Cordia Blackswan’s UK headquarter. The property developer is set to refurbish and move into a former branch of Lloyds bank. The historical building will not only be home to Cordia Blackswan, but it will also offer modern office and co-working spaces.
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News - Hungary’s Cordia enters UK market with PRS acquisition
07
Sep
2020

Hungary’s Cordia enters UK market with PRS acquisition

by Property Forum
Cordia International Zrt. has acquired UK developer Blackswan. Cordia financed the transaction by using funds collected from the bond issuance under National Bank of Hungary’s Bond Funding for Growth Scheme. The acquisition allows Blackswan to deliver a £550 million project pipeline across the West Midlands
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News - Slovakia’s JTRE expands in London with mixed-use project
17
Jun
2020

Slovakia’s JTRE expands in London with mixed-use project

by Property Forum
Slovak real estate company JTRE has agreed a construction loan of £177 million with ICG Real Estate on its flagship London development, Triptych Bankside. The loan will be for the development finance of the £400 million GDV mixed-use scheme which, when complete, will deliver residential, office, and retail at 185 Park St, SE1. Construction is scheduled for completion in 2022.
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News - Futureal acquires first UK office asset with Trinova
13
Nov
2019

Futureal acquires first UK office asset with Trinova

by Property Forum
Trinova Real Estate has completed the acquisition of the Spectrum Building in Glasgow on behalf of Futureal Group, a leading real estate developer and investor in Central and Eastern Europe. The transaction marks a significant milestone in Futureal’s expansion into Western Europe.
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News - HB Reavis acquires its third London site
29
Apr
2016

HB Reavis acquires its third London site

by Ákos Budai
International real estate developer HB Reavis bought the freehold interest in 61 Southwark Street from Aberdeen Asset Management for £44 million.
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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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