News CTP expands in Hungary
02
May
2017

CTP expands in Hungary

by Ákos Budai
CTP signed several new leases in Hungary in the first quarter of 2017 which means that construction is now underway in four different locations in the Transdanubia region. The real estate developer, present in Hungary since early 2016, now manages an industrial property portfolio of about 300,000 sqm. 
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News New office development to start in South Buda
02
May
2017

New office development to start in South Buda

by Ákos Budai
Berlin-based developer Bischoff & Compagnons is to start a new office development, named Alphagon, in the South Buda area of Budapest. CBRE has been commissioned with the leasing of the property.
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News Warsaw’s centre successfully absorbs  new supply
02
May
2017

Warsaw’s centre successfully absorbs new supply

by Ákos Budai
The office market in Warsaw maintains momentum with demand for office space reaching 194,000 sqm in Q1 2017. JLL summarized Q1 2017 on the office market in Warsaw.
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News Manufacturing drives the Czech industrial market
02
May
2017

Manufacturing drives the Czech industrial market

by Ákos Budai
Net take-up on the Czech industrial market in Q1 2017 totalled 238,800 sqm, representing a yearly increase of 13%. The vacancy rate reached 4.7%, having decreased marginally by 4 bps since Q4 2016. The Industrial Research Forum announced the final Industrial Market figures for Q1 2017. 
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News Prologis completes BTS development in Central Poland
02
May
2017

Prologis completes BTS development in Central Poland

by Ákos Budai
Prologis announced the completion of a 42,170 square metre build-to-suit (BTS) facility for long-term customer Agata at Prologis Park Piotrków II. 
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News Swissôtel enters the Bosnian market
27
Apr
2017

Swissôtel enters the Bosnian market

by Ákos Budai
Swissôtel, part of AccorHotels, has entered into a franchise agreement with Al Shiddi International for the development of a new 218-room urban resort scheduled to open in early 2018. Situated next to Bosnian Parliament, within the mixed-use Sarajevo City Center project, consisting of shopping mall and office tower, Swissôtel Sarajevo will be located in the Bosnian capital’s centre.
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News South African investor buys two Bulgarian malls
27
Apr
2017

South African investor buys two Bulgarian malls

by Ákos Budai
MAS Real Estate, a commercial property investor, developer and operator listed in both Johannesburg and Luxembourg, announced the acquisition of two shopping malls in Bulgaria, for €62 million. The malls have been acquired from Globe Trade Centre and the European Bank for Reconstruction and Development. The Galleria Burgas Mall and the Galleria Stara Zagora Mall and are located in the Bulgarian cities of Burgas and Stara Zagora, respectively.
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News Futureal sells Corvin Skypark in Budapest to OTP fund
27
Apr
2017

Futureal sells Corvin Skypark in Budapest to OTP fund

by Ákos Budai
Futureal Group sold its Skypark office building to the OTP Prime Property Investment Fund. The recently closed transaction increased the value of the fund’s property portfolio to over HUF40 billion. The complex, with 25,000 square meters of GLA, is located at the Corvin Promenade mixed use project in the center of Budapest and was designed to meet the needs of technology and R&D companies.
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News New leases dominate the growing Prague office market
27
Apr
2017

New leases dominate the growing Prague office market

by Ákos Budai
The first quarter of 2017 saw only one office building delivered to the Prague market. Strong demand from tenants helped the vacancy rate decrease by 1.1 percentage points to 9.4%.The Prague Research Forum announced the office market figures for Q1 2017.
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News JLL to take over management of Łódź office building
27
Apr
2017

JLL to take over management of Łódź office building

by Ákos Budai
JLL has been selected by Skanska Property Poland as the Property Manager of Nowa Fabryczna office building, part of the Nowe Centrum Łodzi urban redevelopment project. The building will be taken over by JLL management on 30th June 2017.
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Latest news


New leases

  • The Unisono chain has joined the ranks of tenants at Designer Outlet Sosnowiec (southern Poland). The women's clothing brand will occupy 115 sq m of space in the facility.
  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.

New appointments

  • Agnieszka Słomka-Gołębiowska has resigned from her position as a member of the Supervisory Board and chair of the Audit Committee of Ghelamco Invest. The position of member of Ghelamco's Supervisory Board will be filled by Lidia Jabłonowska-Luby. An existing member of the Audit Committee, Jarosław Myjak, was also appointed to act as chairman of the Audit Committee.
  • MLP Group is from now on working with a smaller board of directors. Monika Dobosz has resigned from her position. She had served on the company's board since July 2022, when she was appointed to the board together with Agnieszka Góźdź.
  • After almost eight years at the helm of Savills IM's Polish office, Piotr Trzcinski is leaving the firm. He joined Savills IM in 2017.

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