Orco finally merged into CPI

Investment & finance
CZECH REPUBLIC CPI Property Group has obtained merger clearance for the acquisition of Orco Property Group from the Czech Office for the Protection of Competition (ÚOHS).
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On August 2nd 2016, CPI Property Group filed a request to obtain merger clearance concerning acquisitions made on June 8th 2016, resulting in the obtaining of direct and indirect ownership by CPI Property Group of app. 97.31 pct of the share capital of OPG, a public limited liability company (société anonyme) incorporated under Luxembourg law. CPI, which is owned by Radovan Vítek, has been buying into and restructuring OPG since 2012.

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Eurobuild CEE

Poland March issue of "Eurobuild" out now!

schedule 06 March 2025
Opr./edited by JC

Our March issue is now available: this edition offers a wealth of interviews, in-depth analyses, and comprehensive articles. We're also thrilled to invite you to visit us at MIPIM!

Investment & finance

Poland Capital move for CA Immo

schedule 06 March 2025
Opr./edited by JC

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office complex in Warsaw’s Ochota district., which comprises three seven-storey office buildings with app. 20,000 sqm.

Warehouse & industrial

Poland Sarantis stays with MLP

schedule 06 March 2025
Opr./edited by JC

Sarantis Polska expands warehouse and office space in MLP Pruszków II by 35 pct, reaching over 24,000 sqm. The cosmetics and household goods manufacturer and distributor will gain access to the new facility in November.

Office & mixed-use development

Poland WSiP stays in the Equator II

schedule 05 March 2025
Opr./edited by ANZ

WSPI, a pedagogical publisher, has decided to remain for another six years at its current headquarters, located in the Equator II building on Al. Jerozolimskie in Warsaw. The institution has extended its lease agreement for over 2,500 sqm of space. 

Office & mixed-use development

Poland New home for T-Mobile

schedule 05 March 2025
Opr./edited by JC

T-Mobile is moving part of its teams from Łódź to the Ogrodowa Office building. In the facility owned by Warimpex, the company has leased nearly 2,400 square meters.

Retail & leisure

Poland Green light for Projekt Góraszka

schedule 05 March 2025
Opr./edited by ANZ

Ceetrus, the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts, has obtained a building permit for a mixed-use development.

ESG

Poland Vibe leads the way

schedule 05 March 2025
Opr./edited by JC

The Ghelamco-owned Vibe has received DGNB New Buildings International 2020 Gold certificate. This is the first office building in Poland with such certification.

Hotels

Croatia First Autograph in Croatia

schedule 05 March 2025
Opr./edited by JC

Autograph Collection Hotels debuts in Croatia with The Isolano, Cres, Autograph Collection. Located in a pine grove overlooking the Adriatic Sea, the boutique hotel offers 49 guestrooms and suites.

Exclusive
Eurobuild CEE

Poland Towards the Shire

schedule 05 March 2025
Opr./edited by ANZ

We talk to Jakub Gładysz from the Better Służewiec Association about the future of Warsaw's Służewiec, once a business district with the infamous name Mordor but now an increasingly popular residential area.

Warehouse & industrial

Poland No changes on the horizon

schedule 05 March 2025
Opr./edited by JC

According to Axi Immo, Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe.

Office & mixed-use development

Poland Tryton takes the stand

schedule 04 March 2025
Opr./edited by JC

The Regional Court and the Court of Appeal in Gdańsk are relocating selected departments to new premises in the Tryton Business House office building. The two institutions will occupy approximately 2,800 sqm of leasable space.

Exclusive
ESG

Poland Redefining real estate energy efficiency

schedule 04 March 2025
Opr./edited by JC

LEED and BREEAM certifications are currently a must-have in the Polish commercial real estate sector. But is that enough? Does the market need a certification that evaluates actual energy consumption results with annual audits? Michał Wójcik, a sustainability associate at construction engineering specialists Cundall, introduces NABERS – a certification system developed in Australia and now successfully operating on the UK market.

Warehouse & industrial

Poland Furniture manufacturer secures 21,800 sqm at MLP Teresin

schedule 04 March 2025
Opr./edited by ANZ

Fabryka Mebli Akord will move its main warehouse to the MLP Teresin logistics centre. The new tenant will occupy 21,800 sqm of space.

Investment & finance

Europe Mitiska doesn't stop at 300 mln

schedule 03 March 2025
Opr./edited by JC

Mitiska REIM closed the MEREP 3 European value-add fund at EUR 310 mln, exceeding the initial target of EUR 300 mln and representing a 39 proc. increase in funds raised compared to the preceding fund at final close. 

Exclusive
Eurobuild FM

Poland Poland versus the West

schedule 28 February 2025
Opr./edited by ANZ

Listen to the latest recording from our Eurobuild FM series. We asked Jos Tromp, Head of Business Development and Head of Research & Data Intelligence, Continental Europe, CBRE, to comment on the market situation.

Office & mixed-use development

Poland Sports brands in Olivia Prime

schedule 28 February 2025
Opr./edited by ANZ

The worldbox chain of clothing stores is opening its first office in Gdańsk. The company's headquarters will occupy an area of nearly 1,300 sqm in the Olivia Prime building, as part of the Olivia Centre complex.

Investment & finance

Romania Solida enters Romania with Victoria Center deal

schedule 28 February 2025
Opr./edited by ANZ

Dubai-headquartered investor Solida Capital has finalised its first transaction in Romania – the acquisition of the Victoria Center office building in Bucharest from Manova Partners for an undisclosed sum.

Office & mixed-use development

Poland IT chooses Office House 

schedule 27 February 2025
Opr./edited by ANZ

Emagine, an IT outsourcing company, has leased 6,000 sqm of office space in Office House. The office building is being constructed in Warsaw as part of the first stage of the Towarowa22 mixed-use project.

Office & mixed-use development

Slovakia Chalupkova enters permitting process

schedule 27 February 2025
Opr./edited by JC

The second phase of the Chalupkova office building project will be built on the corner of Chalupkova and Mlynské nivy streets in Bratislava. Preparatory work on the site is planned for H2 of 2025.

Office & mixed-use development

Czech Republic Office space imbalance in Prague

schedule 26 February 2025
Opr./edited by JC

According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures, which show that only 72,800 sqm of new office space was completed there.

Latest in Investment & finance

schedule 06 March 2025

Capital move for CA Immo

CA Immo has successfully completed the sale of the Bitwy Warszawskiej office complex in Warsaw’s Ochota district., which comprises three seven-storey office buildings with app. 20,000 sqm.

schedule 03 March 2025

Mitiska doesn't stop at 300 mln

Mitiska REIM closed the MEREP 3 European value-add fund at EUR 310 mln, exceeding the initial target of EUR 300 mln and representing a 39 proc. increase in funds raised compared to the preceding fund at final close. 

schedule 28 February 2025

Solida enters Romania with Victoria Center deal

Dubai-headquartered investor Solida Capital has finalised its first transaction in Romania – the acquisition of the Victoria Center office building in Bucharest from Manova Partners for an undisclosed sum.

schedule 25 February 2025

Holcim to expand research centre

Holcim Polska has received funding from the National Centre for Research and Development under European Funds for the development of innovative building materials and the expansion of a modern Research and Development Centre in the Kujawy region.

schedule 25 February 2025

Western appetite is strong in Romania

Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, spent EUR 1.75 bln on real estate assets in Romania over the past five years, according to data Cushman & Wakefield Echinox. 

schedule 24 February 2025

Record hotel deal in Prague

Hilton Prague has been sold to the Czech group PPF, marking the largest single-asset hotel transaction ever recorded in CEE. The hotel comprises 791 rooms.

schedule 24 February 2025

GTC sells in Belgrade

GTC has closed the sale of its GTC X office building in Belgrade for EUR 52 mln. The facility offers nearly 18,000 sqm of space.

schedule 21 February 2025

Fortress buys from Panattoni

Fortress Real Estate Investments has acquired Panattoni Park Tricity East V. The complex includes a completed warehouse covering 50,000 sqm.

schedule 20 February 2025

Henderson Park & EPP secure EUR 148.6 mln refinancing

Henderson Park, the international private equity real estate firm, and EPP, the asset manager of office properties, have successfully secured a EUR 148.6 mln loan from Berlin Hyp AG and PKO Bank Polski to refinance a Polish office portfolio.

schedule 19 February 2025

Millions by the sea

Panattoni has secured EUR 17.3 mln in financing from Santander for Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution facilities.

schedule 19 February 2025

IHG invests in urban micro-hotels

IHG Hotels & Resorts acquires the Ruby hotel brand for an initial purchase price of EUR 110.5 mln, or approx. USD 115 mln. Ruby is the 20th brand in the IHG portfolio.

schedule 18 February 2025

Office sale in Szczecin

Blackstone has sold the Szczecin office building Piastów Office Center. The buyer is a joint venture of Bud Holdings and Investika Real Estate Fund.

schedule 18 February 2025

CPI Europe sells property portfolio in Bratislava

CPI Europe Group has agreed to sell an office and retail complex in the Slovak capital to Wood & Company, thus taking another step in its strategic portfolio optimisation.

schedule 10 February 2025

Arcona  acquires a development site in Ukraine 

Arcona Property Fund has completed the acquisition of a development site in the central Kyiv, the capital of Ukraine. The seller is AIM London-listed Secure Property Investment and Development PLC (SPDI). This is thought to be the first real estate acquisition by a Western private fund in Ukraine since the Russian invasion of 2022.

schedule 10 February 2025

Nepi invests in leading properties

Last year, Nepi Rockastle bought Magnolia Park in Wrocław and Silesia City Center in Katowice, properties with a total area of almost 190,000 sqm. We talk to Tomasz Górski, regional asset manager at Nepi Rockastle, about the transactions worth a total of almost EUR 780 mln as well as Nepi's strategy.

schedule 07 February 2025

Billions for data centres

Data4 is raising EUR 3.3 bln in funding for the further development of the company across Europe, including the advancement of projects in Poland.

schedule 07 February 2025

Lions’ Head acquires a 15-ha plot near Bucharest

Lion’s Head, a real estate investment fund currently owning assets in Romania and Bulgaria, has acquired a 15-ha plot in Popesti Leordeni. The transaction marks the expansion of Lion's Head in the Romanian industrial market, as well as its debut in the real estate development segment.

schedule 07 February 2025

Revetas sells shopping centre in Sofia

Revetas Group has sold the Park Center Sofia shopping complex to TSH Investment, a joint venture between Trinity Capital and Hus Invest. The terms of the deal have not been disclosed.

schedule 05 February 2025

Santander finances Panattoni's project near Poznań

Panattoni has secured financing for the first phase of Panattoni Park Poznań XIV, a logistics project underway in Głuchowo, near Poznań. The EUR 9.1 mln loan was provided by Santander Bank Polska.

schedule 04 February 2025

GTC sells in Warsaw and Zagreb

GTC has finalised the disposal of a plot in Warsaw’s Wilanów district for EUR 55 mln as well as the Matrix C office building in Zagreb for EUR 27 mln.

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Edition 3 (296) March 2025

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