ARTICLES LABELLED WITH TAG KGAL

News KGAL purchases solar project in Czech Republic
22
Aug
2024

KGAL purchases solar project in Czech Republic

by Property Forum
KGAL ESPF 5 has entered the Czech market with the purchase of a solar project near the city of Most in north Bohemia. The project is being sold by Sev.en Inntech a.s.
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News Karlák in Prague undergoes reconstruction
12
Jun
2024

Karlák in Prague undergoes reconstruction

by Property Forum
The office and business centre Karlák Shopping Square (formerly Charles Square Center) owned by KGAL is getting a new face. The complete rebranding, architectural modifications and reconstruction of retail and office spaces, including a modernised logo are all included in the reconstruction plan.
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News KGAL reports strong results for 2022
23
Feb
2023

KGAL reports strong results for 2022

by Property Forum
In 2022, KGAL’s new business volume reached almost €1.9 billion across all asset classes. The renewable energy funds exceeded their return targets by approximately 100 percent on average, the impact residential real estate fund, KGAL Core 5 LIFE, got off to a strong start and the aviation team took advantage of the industry’s comeback, securing 16 aircraft operating leases. KGAL also made a number of important internal decisions within the company, further providing for a successful future.
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News Echo sells four office buildings in Poland for €157 million
30
Jun
2022

Echo sells four office buildings in Poland for €157 million

by Property Forum
MidPoint71, an office building in Wrocław, was acquired by Trigea Real Estate Fund, the fastest-growing Czech fund. The project of Echo Investment, which obtained the occupancy permit earlier this year, was sold for over €100 million. In another deal, three office buildings in Fuzja Łódź project were acquired by KGAL Group, an independent investment and asset manager, for over €56 million.
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News KGAL buys Charles Square Center in Prague
24
Feb
2022

KGAL buys Charles Square Center in Prague

by Property Forum
KGAL has acquired Charles Square Center, a multi-tenant office property in downtown Prague, from Commerz Real, the company announced today.
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News KGAL completes acquisition of Łódź office building
10
Feb
2022

KGAL completes acquisition of Łódź office building

by Property Forum
KGAL Investment Management GmbH & Co. KG has acquired the Fuzja Office I building in Łódź with around 22,000 square meters of rental space on behalf of a pan-European special AIF. The property is certified with the first-class sustainability rating "BREEAM Excellent" and is scheduled for completion in the second quarter of 2022. The seller of Fuzja Office I is Echo Investment S.A., one of the largest listed Polish property developers.
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News Echo Investment sells Łódź office buildings to KGAL Group
12
Jan
2022

Echo Investment sells Łódź office buildings to KGAL Group

by Property Forum
Echo Investment signed a preliminary sale agreement for three office buildings in Fuzja Łódź, that will be acquired for over €56.4 million by KGAL Group, an independent investment and asset manager. The buildings encompass 22,000 sqm of BREEAM-certified office space. They are a part of mixed-use Fuzja, a project revitalizing a post-industrial area of Łódź.
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News Savills appointed as PM for DRN building in Prague
06
Oct
2021

Savills appointed as PM for DRN building in Prague

by Property Forum
From August 2021, KGAL GmbH & Co. KG, a leading independent  European investment and asset manager based in Germany, has appointed Savills as property manager for Prague’s DRN building. Savills also continues to provide asset management services for the building, which it has been providing since July 2020.
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News Echo Investment sells Villa Offices to KGAL Group
11
Mar
2021

Echo Investment sells Villa Offices to KGAL Group

by Property Forum
Villa Offices, part of the Warsaw Brewery complex, was acquired by KGAL Group, a leading independent investment and asset manager. The building was sold for approximately €86.7 million.
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News KGAL to be a climate-neutral asset manager by 2021
04
Nov
2020

KGAL to be a climate-neutral asset manager by 2021

by Property Forum
As part of a new climate strategy, one of the leading German asset managers is also targeting net-zero emission portfolio by 2050 – German investment manager KGAL has committed to becoming a climate-neutral company by the beginning of 2021 by offsetting all greenhouse gas emissions connected to its operations. Emissions calculated per employee will be reduced by 5% annually during the next 10 years. It has also pledged to have a net-zero emission investment portfolio by 2050. The targets are set out in the company’s newly announced climate strategy.
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Latest news


New leases

  • Borg Automotive Group will move into new premises at HI Piotrkowska office building in Łódź in February 2025. It will occupy approximately 300 sqm. Brookfield Partners supported the tenant in the negotiation process.
  • TK Maxx shop will be opened at Ferio Konin (central Poland). The brand will occupy 2,000 sqm of space in the extended part of the shopping centre.
  • In November, RTV Euro AGD will open four new shops in four Polish cities: Wrocław, Mikołów, Bydgoszcz and Szczecin. Shops will be opened in Galeria Dominikańska in Wrocław (sales floor area of 950 sqm), Park Handlowy in Mikołów (570 sqm), CH Focus in Bydgoszcz (555 sqm) and Vendo Park in Szczecin (480 sqm).

New appointments

  • From November 1st 2024, Izabela Potrykus is to take on the role of head of the leasing team at CPI Property Group (CPIPG) and take on responsibility for 20 office buildings with a combined area of 516,000 sqm.
  • Knight Frank continues to strengthen its European management team with the appointment of Charles Taylor as CEO of Knight Frank Poland. He is a former Managing Director of Cushman & Wakefield Poland.
  • Immo lab, a consultancy specialising in strategic investment advice in the real estate sector, announces that Bartłomiej Ciemała is joining its team to take up the position of director of investment development.

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