A newcomer to the Czech market, the real estate fund Aurelia, aiming for a net return for investors of at least 6% per year, has now acquired a set of two premium office buildings in Prague.
NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.
Accolade has received a loan from UniCredit Bank for the construction of two industrial parks. One is to be built in Karlovy Vary and the other in Slovakia, reports newstream.cz.
HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
New appointments
Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
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