Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Romanian developer Alsin Management will kick off the construction of a villa complex in northern Bucharest, in parallel with the development of a residential complex. Both projects are based in Pipera.
Woori Bank, one of the four largest banks in South Korea, will open its first office in Poland in the Park Postępu office complex in Warsaw. The tenant, which will occupy approximately 400 sqm, was supported by Itra Polska as an advisor. Woori Bank will occupy the office in December this year.
Moët Hennessy Polska, an LVMH company and part of the luxury products group, has signed a lease at Metropolitan Warszawa. Moët Hennessy Polska has leased 600 sqm of office space there.
Apollo-Rida, owner and manager of the Equal Business Park office complex in Kraków, has leased further office space totalling nearly 1,000 sqm. The new tenants are BRB Central Eastern Europe and Roeslein & Associates Poland.
New appointments
Agnieszka Niezgodzka joined Accolade as Associate Director of Asset Management. Her duties will be growing the portfolio and increasing the value of the properties.
Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
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