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News Forty Management buys land in Spain over international push
03
Feb
2025

Forty Management buys land in Spain over international push

by Property Forum
Romanian developer Forty Management has purchased a land plot spanning 12 ha in Bormujos, a suburb of Seville, for a new urban regeneration project under the Lagoon City brand.
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News Česká spořitelna to sell HQ buildings in Prague
29
Jan
2025

Česká spořitelna to sell HQ buildings in Prague

by Property Forum
Česká Spořitelna has already revealed its plans to move its headquarters within a few years. Its new campus is being built in Smíchov, Prague. With this planned change, which should take place around 2028, the bank is planning to completely abandon its existing buildings near the Budějovická and Roztyly metro stations. The bank has already put its old buildings on the market, reports e15.cz.
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News Develia buys land in Wrocław for student housing
28
Jan
2025

Develia buys land in Wrocław for student housing

by Property Forum
Develia has purchased a plot of land in central Wrocław, where it plans to develop a student accommodation project with around 600 rooms and two facilities. The property was acquired from a company within the Puro Hotels group for close to €10 million.
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News Prague project worth billions sees green light
28
Jan
2025

Prague project worth billions sees green light

by Property Forum
The city of Prague has received a building permit for the revitalisation of the Smíchov transport hub, including an interchange for city and intercity buses or trams, in addition to the modernised railway station and metro station, reports E15.cz.
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News APS Group buys IMO Property Investments Bucharest
28
Jan
2025

APS Group buys IMO Property Investments Bucharest

by Property Forum
APS Group, an alternative asset management investor, has fully purchased IMO Property Investments Bucharest, part of Eurobank Group, for an undisclosed amount. 
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News M Core buys Shopping City Suceava
24
Jan
2025

M Core buys Shopping City Suceava

by Property Forum
M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.
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News Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News Gránit Asset Management joins Hungary's Golden Visa Program
23
Jan
2025

Gránit Asset Management joins Hungary's Golden Visa Program

by Property Forum
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.   
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News UE Furniture buys 200,000 sqm of land and buildings in Romania
23
Jan
2025

UE Furniture buys 200,000 sqm of land and buildings in Romania

by Property Forum
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar. 
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News pbb provides refinancing for retail portfolio in Poland
20
Jan
2025

pbb provides refinancing for retail portfolio in Poland

by Property Forum
pbb Deutsche Pfandbriefbank (pbb) has underwritten an investment facility for a retail portfolio in Poland for Pine Bridge Benson Elliot. The portfolio consists of three shopping centres in Łódź, Toruń and Kraków in Poland. 
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Latest news


New leases

  • Arup has extended its lease agreement in the Korona Office Complex owned by GTC. The project based in central Krakow has a leasable area of 38.250 sqm spread across four buildings.
  • Arvato has extended its warehouse lease agreement at Prologis Park Błonie near Warsaw. The company has increased its occupied warehouse space by an additional 8.9 thousand sqm. The total area leased by Arvato is now 14.2 thousand sqm in building DC7.
  • DB Schenker has leased 5,000 sqm of industrial space in Olympian Parks Cluj, in a deal brokered by Simon, Iuga & Part­ners.

New appointments

  • Carmen Ravon will be the new Head of Retail for CEE at CBRE starting February 1st. With over 17 years in retail real estate, she has worked with top international brands and provided valuable portfolio optimization and leasing advice.
  • Katarzyna Kopszak-Dziurnikowska, the organisation's former Chief Investment Officer, has joined the board of Apsys Polska. She started work in her new position on 1st of January, 2025.
  • Małgorzata Głowicka has joined Ceres as Chief Financial Officer responsible for Central and Eastern European markets. The company provides services in the areas of property management, project commercialisation, construction, redevelopment, modernisation and repositioning of properties.

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