ARTICLES LABELLED WITH TAG Zagreb

News Erste lends €4.8 million to M7 in Croatia
21
Nov
2018

Erste lends €4.8 million to M7 in Croatia

by Property Forum
M7 Real Estate has refinanced a €4.8 million debt facility secured against the Mani Business Centre in Zagreb, Croatia with Erste Bank Zagreb following the completion of M7’s successful asset management strategy for the property.
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News First Novotel hotel signed for Zagreb
12
Oct
2018

First Novotel hotel signed for Zagreb

by Property Forum
Orbis SA, an exclusive partner of AccorHotels for Eastern Europe, and Rox d.o.o. have signed an agreement on cooperation which will result in the opening of a Novotel hotel in Zagreb in late 2020.
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News GTC to complete new Zagreb project next year
26
Apr
2018

GTC to complete new Zagreb project next year

by Import Sys
The construction of the €40.4 million (HRK 300 million) Matrix Office Park in Zagreb, Polish real estate developer GTC’s newest project in Croatia, will be completed by 2019, local media reports.
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News Retail and hotel dominate Croatia’s investment market
15
Mar
2018

Retail and hotel dominate Croatia’s investment market

by Import Sys
Retail and hotel sectors recorded highest investment volumes in the Croatian commercial property market in 2017. According to information available and Colliers’s estimate, 2017 brought more than €320 million investment in transactions of 22 investment properties. This does not include pending transactions or confidential deals.
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News Hystead acquires two Croatian malls
28
Feb
2018

Hystead acquires two Croatian malls

by Import Sys
Hystead Limited, a UK company co-owned by Hyprop Investments Limited (Hyprop) and PDI Investment Holdings Limited (PDI), has acquired a 90% interest in two Croatian shopping centres. The purchase consideration net of €154.4 million asset-based finance is €129.1 million, of which Hyprop’s effective share is approximately €77.5 million. The two malls, namely City Center one Zagreb West and City Center one Zagreb East, are located in Zagreb, the capital of Croatia. The transaction is conditional upon approval of the Croatian competition authority and is expected to close at the end of March 2018.
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News SES buys King Cross shopping centre in Zagreb
22
Nov
2017

SES buys King Cross shopping centre in Zagreb

by Import Sys
Aberdeen Asset Management has sold the King Cross shopping centre in Zagreb to SES Spar European Shopping Centers. The transaction price has not been disclosed.
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News M7 makes first investments in Hungary and Croatia
20
Dec
2016

M7 makes first investments in Hungary and Croatia

by Ákos Budai
M7 Real Estate, the pan-European investor and asset manager, announces that it has made two further acquisitions for the recently launched CEREF I fund. The acquisitions in Croatia and Hungary totalling €14 million mark M7's first entry into both countries.
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News NEPI acquires Arena Centar in Zagreb
07
Nov
2016

NEPI acquires Arena Centar in Zagreb

by Ákos Budai
On 4 November 2016, NEPI, through its subsidiary NE Property Cooperatief UA, concluded an agreement to acquire all the issued shares in, and shareholders’ claims against, Granit Polus Laniste d.o.o. from Lobularia Ventures Limited and repay Laniste’s entire outstanding debt. Laniste wholly owns a shopping mall of 62,100 sqm of GLA situated in Zagreb, Croatia, that opened in November 2010, named Arena Centar and adjacent additional land plots of approximately 4.4 ha. The aggregate purchase price for the transaction is €237.5 million and was settled from NEPI’s existing cash resources.
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News 2016 might be a record year for the Croatian investment market
12
May
2016

2016 might be a record year for the Croatian investment market

by Ákos Budai
According to Colliers International's latest market research the Croatian real estate market experienced several significant investments in the retail, office and hotel and hospitality sectors in 2015. While the retail and office segments are experiencing upward pressure on rental prices, the industrial market, despite being the least developed sector, saw increased activity.
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Latest news


New leases

  • In June this year, the Polish branch of the Korean bank Industrial Bank of Korea will move into the 31st floor of the Warsaw Financial Center building. ITRA Polska advised the tenant in the process of leasing the office with an area of almost 950 sqm.
  • 108 Real Estate has helped close a new industrial lease transaction with the Logexpert team in the Adria region. XXLutz Lesnina has leased 17,000 sqm in the newly developed Logexpert Park Zdencina – a modern space tailored for logistics and retail operations.
  • Inter Cars Hungária Kft. has expanded its business with Prologis by signing a new lease agreement for 5,300 sqm at Prologis Park Budapest-Harbour. Colliers supported the transaction.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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