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News - Hanner’s Bucharest mixed-use project to be completed by 2020
04
Oct
2018

Hanner’s Bucharest mixed-use project to be completed by 2020

by Property Forum
Fosta Fabrica, the restoration and conversion project of the former Grivita brewery in Bucharest, received all necessary permits and it is expected to be completed in 2020 by Lithuanian developer Hanner Group.
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News - High supply of  boutique office space in Bucharest
04
Oct
2018

High supply of boutique office space in Bucharest

by Property Forum
A record volume of boutique office space will be delivered in Bucharest by the end of this year, according to ESOP Romania’s press release.
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News - Penta plans project next to Prague's main railway station
04
Oct
2018

Penta plans project next to Prague's main railway station

by Property Forum
Penta, Sudop and Czech Railways are planning a new real estate project next to Prague's main railway station. The project would involve covering the railroad tracks between Španělská, Legerova and Vinohradská streets at the southern tip of the station, local daily E15 learned.
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News - CA Immo buys second Warsaw Spire building
04
Oct
2018

CA Immo buys second Warsaw Spire building

by Property Forum
CA Immo signed and closed a sales and purchase agreement to acquire the centrally located Warsaw Spire C office building comprising of 21,700 sqm GLA in Warsaw, Poland. The transaction volume of the fully leased landmark Class A property amounts to around €100 million, the annual gross rental income reaches around €5.4 million. With this transaction, CA Immo takes another step in its CEE core market expansion strategy, setting the path for continued growth of the companies´ recurring earnings. According to plan, the acquisition will already contribute to recurring earnings (FFO) of CA Immo in the fourth quarter of 2018. Greenberg Traurig (legal), KPMG (tax) and Arcadis (technical) acted as advisors to CA Immo.
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News - MOL Group lays foundation stone for new HQ
04
Oct
2018

MOL Group lays foundation stone for new HQ

by Property Forum
MOL Group has laid the foundation for the new MOL Campus headquarters. The future workspace for up to 2,500 employees will be located on the banks of the Danube in the southern part of Budapest, close to the current HQ building. Construction is scheduled to be completed by 2021.
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News - BuroHappold awarded first WELL certification in Poland
04
Oct
2018

BuroHappold awarded first WELL certification in Poland

by Property Forum
The offices of BuroHappold Engineering in Spektrum Tower in the centre of Warsaw have been awarded a WELL Certification with a rating of ‘Gold’ for its office in Warsaw by the International WELL Building Institute.
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News - Influx of office investment in Tri-City
01
Oct
2018

Influx of office investment in Tri-City

by Property Forum
Tri-City is becoming increasingly popular amongst global players looking for optimal location conducive to further business development. Furthermore, the growing business image of the region is contributing to a great deal of interest in office space and boosting developer activity on the local market. JLL estimates that by 2021 the total office stock in the Tri-City area may exceed 1 million sqm.
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News - Skanska sells Warsaw building to KGAL for €48 million
01
Oct
2018

Skanska sells Warsaw building to KGAL for €48 million

by Property Forum
Skanska has sold the first phase of the Spark office complex in Warsaw to a real estate fund of KGAL Investment Management GmbH & Co. KG, a leading German independent investment and asset manager. This is not only the buyer's first acquisition with Skanska, it is also the fund's first investment in the Polish office market.
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News - Historic palace reopens as office building in Bucharest
01
Oct
2018

Historic palace reopens as office building in Bucharest

by Property Forum
The former Stock Exchange Palace, a historic heritage building located in the centre of Bucharest, has entered into a full process of commercial redevelopment.
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News - New office building opens in Bucharest’s centre
01
Oct
2018

New office building opens in Bucharest’s centre

by Property Forum
Belgian entrepreneur Yves Weerts has completed the construction of the 73-meter-tall Unirii View, the tallest office building in the Romanian capital, following an investment of €33 million.
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Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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