ARTICLES LABELLED WITH TAG Zagreb

News Residential to remain investors’ and developers’ favourite in Croatia
17
Apr
2023

Residential to remain investors’ and developers’ favourite in Croatia

by Property Forum
For the first time, Zagreb Property Forum was organised in the Croatian capital, bringing together real estate experts from the local market and beyond. The event confirmed increasing interest by investors and developers for Croatia, especially following the country’s admission to the Eurozone and the Schengen Area. However, given the global macroeconomic climate, uncertainty persists.
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News GTC to sell two Zagreb office buildings
22
Aug
2022

GTC to sell two Zagreb office buildings

by Property Forum
GTC signed an SPA to sell its Matrix A and B office buildings in Zagreb to a strong local real estate group from Croatia. This transaction will mark a return on cost exceeding 22% and is about 7% above the book value. GTC’s ability to sell assets well above the book value demonstrates that the current discount to NAV on its share price is not justified.
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News GTC to further develop Matrix Office Park in Zagreb
21
Mar
2022

GTC to further develop Matrix Office Park in Zagreb

by Property Forum
GTC is set to further develop the Matrix Office Park in Zagreb by adding another building to the complex. The third building, Matrix C, which received a building permit earlier this year, will be the newest extension to the business centre. Just like the previous two, Building C is meant to provide innovative office space, while maintaining a high ecological standard for an international tenant mix. The shell & core of the building is scheduled for completion in Q2 2023 ready for the fitting out of tenant areas.
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News Fortenova Group sells Zagreb office tower to Agram Group
24
Feb
2022

Fortenova Group sells Zagreb office tower to Agram Group

by Property Forum
Fortenova Group has signed a contract with Agram Group for the sale of the  Cibona Business Tower in Zagreb. The asset comprises office premises on 16 floors as well as garage areas amounting to 6,700 square meters overall. In accordance with the contract, the pruchase price is not being disclosed.
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News M7 completes final sale for Central Europe fund in Croatia
15
Nov
2021

M7 completes final sale for Central Europe fund in Croatia

by Property Forum
M7 Real Estate has completed the final sale on behalf of the M7 Central European Real Estate Fund I (M7 CEREF), with the disposal of the Mani Business Centre in Zagreb to Raiffeisen Pension Insurance Company. M7 will continue to asset manage the property on behalf of the new owner.
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News Spiller Farmer brokers sale of 165,000 sqm land plot near Zagreb
31
Mar
2021

Spiller Farmer brokers sale of 165,000 sqm land plot near Zagreb

by Property Forum
Croatian real estate consultancy firm Spiller Farmer has brokered the sale of a 165,000 sqm land plot in Velika Gorica, near Zagreb, to LogExpert. The new owner plans to build a modern logistics centre of 60,000 sqm on the property.
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News Croatia’s retail market on the road to recovery
03
Mar
2021

Croatia’s retail market on the road to recovery

by Property Forum
There were no new completions on Zagreb’s retail market in H2 2020 but a number of brands have opened new stores, according to a market report by Cushman & Wakefield | CBS International Croatia.
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News Annual take-up reaches 55,000 sqm on Zagreb’s office market
01
Mar
2021

Annual take-up reaches 55,000 sqm on Zagreb’s office market

by Property Forum
Despite the slowdown in activity in the first half of 2020 due to COVID-19 and the earthquake that hit Zagreb in April, the Croatian capital’s office market was very active in 2020 with total leasing activity amounting to 55,000 sqm, according to a market report by Cushman & Wakefield | CBS International Croatia.
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News Industrial markets in SEE stand on the verge of a major boom
25
Feb
2021

Industrial markets in SEE stand on the verge of a major boom

by Ákos Budai
The industrial segment has stood out as the most resilient sector to the crisis and the markets Serbia, Croatia, Slovenia and Bulgaria present a huge opportunity for further growth. Boško Tomašević MRICS, Managing Director SEE at CBRE talked to Property Forum about investment market expectations and shared the company’s expansion plans for the Balkans region.
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News Demand picks up on Zagreb’s office market
17
Dec
2020

Demand picks up on Zagreb’s office market

by Property Forum
Demand in the third quarter of the year picked up Zagreb’s office market compensating for the slow market activity observed in the second quarter of 2020. Cushman & Wakefield | CBS International Croatia published its Q3 2020 report for the Zagreb office market.
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Latest news


New leases

  • The Polish office of the international legal network Eversheds Sutherland will occupy the 18th and partly the 17th floor of the Widok Towers office building in the centre of Warsaw. It will take an area of over 1,400 sqm in the building, owned by Commerz Real fund.
  • The office space in Warsaw's PZO Factory (owned by White Star Real Estate) has been fully leased. The tenant of approximately 380 sqm on the ground floor of the PZO II building has become the medical company Affidea.
  • Cuponation GmbH will lease more than 200 sqm in the LIFE Building (formerly Atrium Tower) in Warsaw, which is owned by Austrian company VIG Fund (a part of Vienna Insurance Group). JLL is responsible for the commercialization process of the building. Tenant was represented by CBRE.

New appointments

  • DLA Piper’s Prague office has appointed a Corporate partner with a focus on technology Tomáš Ščerba, Real Estate partner Michal Hink and Banking, Finance and Restructuring counsel Leo Javorek.
  • Following Magdalena Sekuła's resignation from the Supervisory Board of LPP, and the reduction of the number of Supervisory Board members below the statutory minimum, the Supervisory Board appointed Jagoda Piechocka as a Supervisory Board member.
  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.


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