Industrial and logistics developer VGP has leased 10,000 sqm in VGP Park Arad project to Romanian courier company FAN Courier. Following the latest lease deal, the industrial project has reached full occupancy for its first building.
AFI Europe has completed the construction of its first retail park developed in Romania, located in the city center of Arad, with its inauguration scheduled for November 1.
CTP has started the development of a new industrial project in Arad with a leasable area of around 100,000 sqm. CTPark Arad West will be the third project owned by CTP in the city.
Industrial developer WDP has purchased Arad Business Park, with a leasable area of around 42,000 sqm, for an undisclosed sum in a transaction brokered by real estate consultancy Colliers.
Property group Immofinanz says it has sold the former retail project Armonia Center Arad to investment fund Oresa for an undisclosed sum. The buyer plans to develop a mixed-use scheme with industrial and retail components.
IT company Sopra Steria Polska will change its Katowice address in 2026 - the company has signed a lease for 4,000 sqm of office space in the Grundmann Office Park A building, owned by Cavatina Holding.
The Irish Embassy in Poland will remain in its current location in the Liberty Corner building in Warsaw for the next ten years. It occupies 750 sqm of office space. JLL advised the tenant during the negotiations.
Arla Global Shared Services will move its local headquarters to the Punkt office building in Gdańsk. The company has leased nearly 10,000 sqm of space, to which it will move in early 2026.
New appointments
AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.
Colliers has announced the appointment of Grzegorz Sielewicz as Head of the Economic and Market Analysis Department for Central and Eastern Europe (CEE). His role will cover Bulgaria, the Czech Republic, Hungary, Poland, Slovakia, and Romania.
Genesis Property has appointed Flavia Schoech as COO, tasked with leading the development and alignment of the operational strategy of the developer.
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