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News Skanska sells Poznan office building for €62 million
22
Mar
2017

Skanska sells Poznan office building for €62 million

by Ákos Budai
Skanska has sold Maraton, an office building located in Poznan, Poland, for €62 million. The property has been acquired by a real estate fund managed by Union Investment. It is the second sales transaction between Skanska and Union Investment in the Polish regional markets. The first sale between the two companies was Dominikanski in Wroclaw. Maraton is Skanska's second office project in Poznan following Malta House.
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News Wing sells Budapest city logistics scheme for €29 million
21
Mar
2017

Wing sells Budapest city logistics scheme for €29 million

by Ákos Budai
Diófa Asset Management has purchased the South Pest Business Park from Wing Zrt. The new owner is Magyar Posta Takarék Property Investment Fund, which is Hungary's second largest domestic open-ended fund. The city logistics scheme, located in the 9th district, is 90% occupied.  The South Pest Business Park was transacted for app. €29.1 million (HUF9 billion).
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News Redstone Real Estate buys Prague office building
20
Mar
2017

Redstone Real Estate buys Prague office building

by Ákos Budai
Spanish investment fund, Azora Europa l, has sold Galleries Louvre, their prime office property in Prague 5, to Redstone Real Estate, a private equity platform. The counterparties agreed not to disclose the price. The property is a mid-sized office building offering approximately 4,800 sqm of prime administrative space and is fully and long-term let.  
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News Echo Investment sells Wrocław office building
15
Mar
2017

Echo Investment sells Wrocław office building

by Ákos Budai
Echo Investment has sold West Link to Griffin Premium RE, a new platform created by Griffin Real Estate. The companies have just signed preliminary agreements as a result of which Griffin Premium RE will control and ultimately purchase the Wrocław-based office building West Link and invest into Echo Investment’s commercial projects in Warsaw – Beethovena and Browary Warszawskie.
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News GalCap Europe acquires historic Budapest building
13
Mar
2017

GalCap Europe acquires historic Budapest building

by Ákos Budai
Vienna-based investment manager GalCap Europe has acquired Merkúr Palota (the Mercure Palace), a fully renovated office building in Budapest. The seller is a private investor; both parties agreed not to disclose the purchase price.
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News Echo Investment and EPP buy Warsaw mall for €42 million
13
Mar
2017

Echo Investment and EPP buy Warsaw mall for €42 million

by Ákos Budai
Echo Polska Properties NV (EPP) and Echo Investment are buying Galeria Młociny in Warsaw from Rosehill Investments. The companies will pay nearly €42 million (including the liabilities of the company being the subject of the transaction) for the project which is already under construction. 
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News Deutsche EuroShop to buy Brno mall for €382 million
09
Mar
2017

Deutsche EuroShop to buy Brno mall for €382 million

by Ákos Budai
Deutsche EuroShop AG has signed a purchase agreement for a shopping centre in the Czech Republic and approved a capital increase excluding subscription rights of up to 4.7 million new shares.
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News Ikea sells 25 European retail parks for €900 million
08
Mar
2017

Ikea sells 25 European retail parks for €900 million

by Ákos Budai
Pradera, a retail property fund and asset manager, has announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a €900 million transaction agreed with IKEA Centres, the Fund has signed a contract to acquire 25 prime retail parks next to IKEA stores in eight European countries, including Poland and the Czech Republic.
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News Commerz Real acquires historical bank building in Prague
08
Mar
2017

Commerz Real acquires historical bank building in Prague

by Ákos Budai
Commerz Real, a subsidiary of Commerzbank, has purchased a historical office building, " Na příkopě 33" in the centre of Prague for its open-ended real estate fund HausInvest. The seller is Komerční banka, a subsidiary of Société Générale. The transaction price has not been disclosed.
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News REICO plans to enter Poland and Hungary
08
Mar
2017

REICO plans to enter Poland and Hungary

by Ákos Budai
ČS Real Estate fund, the largest and oldest Czech open-ended property fund, managed by REICO, has announced its intention to expand its acquisition programme to Poland and Hungary. 
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Latest news


New leases

  • GFC Complex Solutions, owner of the Skropak brand, has leased 3,200 sq m of warehouse and production space in the Kotarba Invest facility in Gajków near Wrocław. The company specialises in the production of eco-friendly parcel fillers based on plant starch.
  • Vercom IT company is celebrating its 20th anniversary with the opening of a new location in another Polish city after Poznań and Rybnik - this time in Kraków. Since February 2025, Vercom, together with CyberFolks, has been operating in a new office in Quattro Business Park office complex. The companies have leased a space of nearly 500 sqm.
  • A new entertainment and integration space, Pixel XL, has been created at Olivia Prime B office building in Gdańsk. It covers an area of more than 1,000 sqm.

New appointments

  • The Supervisory Board of GTC has appointed Małgorzata Czaplicka as President of the Management Board of GTC. The experienced manager has been with the company for 15 years, focusing on GTC's capital markets activities and strategic relationships with key stakeholders.
  • Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".
  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.

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