News - Scallier buys retail project in Timișoara
20
Jul
2021

Scallier buys retail project in Timișoara

by Property Forum
Polish developer Scallier has purchased a retail project in Timișoara from Oasis Group for an undisclosed sum. 
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News - Accolade acquires two plots in Szczecin for €60 million
19
Jul
2021

Accolade acquires two plots in Szczecin for €60 million

by Property Forum
Accolade expands its presence on the Polish market. The company has acquired two new industrial locations in Szczecin, with the intention of investing in the development of modern, Class A warehouses totalling 73,000 sqm GLA. The investment continues Accolade’s strategic expansion in the Szczecin region.
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News - Romanian H1 property deals close to €300 million
19
Jul
2021

Romanian H1 property deals close to €300 million

by Property Forum
Transactions in Romania’s commercial real estate market amounted to €298 million in the first half of the year, down 23% compared to the same period of 2020, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News - Impact Developer & Contractor buys land in Iași
16
Jul
2021

Impact Developer & Contractor buys land in Iași

by Property Forum
Romanian Impact Developer & Contractor says it purchased a new land plot of 25,930 sqm in Iași, in the location where it will kick off a massive residential project with more than 1,000 apartments. 
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News - CBRE GI secures €200 million for portfolio diversification
16
Jul
2021

CBRE GI secures €200 million for portfolio diversification

by Property Forum
CBRE Global Investors has secured an additional commitment of €200 million from South Korea’s Public Officials Benefit Association (POBA) to build a diversified European real estate portfolio. After leverage, this equity commitment provides additional investment capacity in excess of €400 million.
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News - Arete secures €30 million financing from Raiffeisenbank
14
Jul
2021

Arete secures €30 million financing from Raiffeisenbank

by Property Forum
The Arete Investment and Real Estate Group signed an agreement with Raiffeisenbank to draw a €30 million umbrella credit line. The funds will be used to accelerate the growth of the Arete Industrial SICAV fund's portfolio through prepared acquisitions and new construction of industrial real estate while maintaining a safe and conservative LTV ratio.
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News - M7 acquires office complex near Budapest
13
Jul
2021

M7 acquires office complex near Budapest

by Property Forum
M7 Real Estate has acquired the Terrapark office complex in Budaörs, Hungary, on behalf of M7 CEREF II. The purchase is in line with the Fund’s strategy of targeting value-add and core plus office, logistics and industrial investments in the key Central European markets of Hungary, Croatia and Poland.
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News - One United Properties debuts on Bucharest Stock Exchange
12
Jul
2021

One United Properties debuts on Bucharest Stock Exchange

by Property Forum
Shares in Romanian One United Properties started trading on Monday on the Bucharest Stock Exchange (BVB). 
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News - Impact Developer & Contractor increases capital by 50%
09
Jul
2021

Impact Developer & Contractor increases capital by 50%

by Property Forum
Romanian Impact Developer & Contractor says it has increased by 50% the share capital, registered in the Central Depository, to 393.75 million lei (€79.8 million) and offered shareholders one free share for every two shares held. 
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News - Evergent Investments buys land in northern Bucharest
09
Jul
2021

Evergent Investments buys land in northern Bucharest

by Property Forum
Evergent Investments, a public alternative investment fund, has purchased a land plot of 16,000 sqm in northern Bucharest, for an undisclosed sum. 
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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