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schedule 02 July 2020

The future’s flex

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

schedule 30 June 2020

Skanska seals largest ever lease

Skanska has finalised the signing of a ten-year, 47,000 sqm lease with insurance company PZU for all the office, retail, storage and parking space in the third stage of Generation Park in Warsaw – the entire Y building.

schedule 02 July 2020

Warsaw in top ten fintech cities - Savills

Warsaw is the tenth most attractive city in Europe for the fintech sector, according to a survey by Savills.

schedule 01 July 2020

Strong H1 volumes despite the virus

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

schedule 03 July 2020

3D-printed house “built” in 22 hours

Prvok od Buřinky the first Czech 3D-printed floating house made from concrete has now been “built” in České Budějovice.

schedule 03 July 2020

Prologis brings Parklife to Budapest tenants

Prologis has acquired a 13 ha site for a new complex – Prologis Park Budapest-Sziget II.

schedule 02 July 2020

ABB moves to Monopolis

Swiss automation tech company ABB is to relocate to newly-completed offices in the M1 building of the Monopolis complex in Łódź, where it has leased 1,400 sqm.

schedule 03 July 2020

Prologis leasing and re-leasing in Wrocław

A number of new leases and renewals have recently been signed for space in Prologis parks in Wrocław.

schedule 01 July 2020

Arrow takes aim at Poland

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

schedule 30 June 2020

Investor confidence set to recover – Cresa

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

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Warehouse & industrial

Czech Republic Czech most attractive European manufacturing hub – C&W

schedule 08 July 2020
Opr./edited by NN

The Czech Republic is the most attractive European manufacturing hub and the fourth most attractive globally, according to Cushman & Wakefield’s annual Global Manufacturing Risk Index.

Office & mixed-use development

CZECH REPUBLIC Building B more beautiful for BB Centrum

schedule 08 July 2020
Opr./edited by NN

The recently renovated building B of BB Centrum in Prague 4 has been approved for use.

Investment & finance

ROMANIA NEPI Rockcastle portfolio sale hits the rocks

schedule 07 July 2020
Nathan North
deputy editor

AFI Europe’s EUR 300 mln deal to buy NEPI Rockcastle’s Romanian office portfolio has fallen through with the seller insisting that Covid-19 restrictions have prevented the purchase – a claim denied by NEPI Rockcastle, which is now demanding EUR 15 mln compensation from the Israeli-owned company.

Warehouse & industrial

POLAND Dot2Dot packed into 7R Park Gdańsk II

schedule 07 July 2020
Opr./edited by NN

Cardboard packaging company Dot2Dot is to move into the 7R Park Gdańsk II complex, where it will have a production line, warehousing and its head office.

Green projects

LATVIA EIB agrees eco-funds for Verde

schedule 06 July 2020
Nathan North
deputy editor

The European Investment Bank (EIB) has approved a grant for the Verde business centre complex in Riga, developed by SBA Group company Capitalica Asset Management.

Investment & finance

ESTONIA East Capital fund buys SEB HQ for EUR 45.75 mln

schedule 06 July 2020
Nathan North
deputy editor

East Capital Real Estate IV has acquired SEB's head office in central Tallinn from Partners Group and Northern Horizon for EUR 45.75 mln.

Residential

POLAND/HUNGARY Cordia cashes in EUR 38 mln from Polnord takeover

schedule 03 July 2020
Opr./edited by NN

Cordia is set to make a profit of EUR 38.2 mln (app. PLN 170.4 mln or HUF 13.6 bln) from its acquisition this year of a 93 pct stake in Polish residential developer Polnord.

Residential

POLAND Echo restores life to 19th century Wrocław palace

schedule 03 July 2020
Opr./edited by NN

Echo Investment has completed the renovation of the historic palace within its Ogrody Graua residential development in Wrocław, which now contains eight luxury apartments for sale.

Warehouse & industrial

HUNGARY Prologis brings Parklife to Budapest tenants

schedule 03 July 2020
Nathan North
deputy editor

Prologis has acquired a 13 ha site for a new complex – Prologis Park Budapest-Sziget II.

Green projects

CZECH REPUBLIC 3D-printed house “built” in 22 hours

schedule 03 July 2020
Nathan North
deputy editor

Prvok od Buřinky the first Czech 3D-printed floating house made from concrete has now been “built” in České Budějovice.

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