News - Globalworth Poland buys Warsaw office building
15
Mar
2018

Globalworth Poland buys Warsaw office building

by Import Sys
Globalworth Poland (GPRE) announced the acquisition of Warta Tower, a modern office tower in the City Centre West district of Warsaw for a consideration of €55 million.
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News - OTP Real Estate Investment Fund acquires stake in Appeninn
15
Mar
2018

OTP Real Estate Investment Fund acquires stake in Appeninn

by Import Sys
Hungarian investor Appeninn Nyrt. has announced that holding company Konzun sold over 2 million ordinary shares with the face value of HUF 100, issued by the company, to OTP Real Estate Investment Fund within an OTC transaction.
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News - Prologis sells Prologis Park Hegyeshalom to Horvath Rudolf
08
Mar
2018

Prologis sells Prologis Park Hegyeshalom to Horvath Rudolf

by Import Sys
Prologis announced the sale of Prologis Park Hegyeshalom in Hungary to Horvath Rudolf Intertransport Ltd, a Hungarian logistics services provider. The transaction includes a fully leased Class A logistics facility totalling 32,300 square metres and 24 hectares of land. Noerr and JLL represented Prologis while Deloitte advised Horvath Rudolf. 
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News - First Property Group takes over Krakow Business Park
07
Mar
2018

First Property Group takes over Krakow Business Park

by Import Sys
First Property Group unveiled its development plans at the Krakow Business Park (KBP) in Zabierzow, Krakow, which are focused on improving and repositioning the park to drive visitors and investment to it and the local area. This follows First Property Group’s acquisition of the park’s principal operating companies and the agreement of heads of terms for their refinancing with Pekao Bank SA.
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News - GalCap Europe acquires second building in Budapest
07
Mar
2018

GalCap Europe acquires second building in Budapest

by Import Sys
GalCap Europe, a Vienna-based international investment and asset management company, acquired the Central Udvar mixed-use complex as its second property after the Merkur Palota in Budapest. The purchase was made on behalf of a separate account for a German pension scheme, administered by Institutional Investment Partners. CBRE has advised GalCap Europe to purchase the building in an off-market deal. The buyer and the seller agreed not to disclose any purchase price details. Legal advice to GalCap Europe was provided by CHSH Dezső & Partner.
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News - Skanska sells Łódź office building to Niam for €52 million
05
Mar
2018

Skanska sells Łódź office building to Niam for €52 million

by Import Sys
Skanska has sold Nowa Fabryczna building in Łódź, Poland, to real estate fund manager Niam. It is the developer’s second office project in the city, and the seventh Skanska property Niam has acquired in the Polish regional markets since 2015.
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News - Czech start-up buys Brno shopping centre from Atrium
05
Mar
2018

Czech start-up buys Brno shopping centre from Atrium

by Import Sys
Czech start-up Opifer, which has so far invested in biotechnology and IT start-ups, has acquired the Futurum shopping centre in Brno from Atrium European Real Estate, e15.cz reports.
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News - Atenor launches first project in Poland
05
Mar
2018

Atenor launches first project in Poland

by Import Sys
Atenor’s new Polish affiliate has signed a preliminary agreement to acquire long-term lease rights on two 30,500 sqm office buildings in Warsaw. These office buildings are known as the University Business Center and are located in the Mokotów district. They offer approximately €3 million in annual rental income.
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News - M7 grows Hungarian AUM to €89.3 million
05
Mar
2018

M7 grows Hungarian AUM to €89.3 million

by Import Sys
M7 Real Estate, a pan-European real estate investor and asset manager, announces has completed the acquisition of 12 assets in Hungary through four transactions for a total of €80.1 million in 2017. It brings M7's Assets Under Management in Hungary to € 89.3 million. It has also completed 32 new lettings and lease renewals across its Hungarian portfolio.
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News - Globalworth buys two development plots in Bucharest
28
Feb
2018

Globalworth buys two development plots in Bucharest

by Import Sys
Globalworth has completed the acquisition of two additional land plots adjacent to its assets on the Gara Herastrau/Barbu Vacarescu corridor of Bucharest for approximately €16 million. These plots are anticipated to allow for the development of 40,000 sqm of commercial (predominantly office) space. The company published an update for its operations.
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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