PL

Fifth Váci Greens building changes hands

Investment & finance
HUNGARY Atenor has announced that it has reached an agreement to sell the fifth building of the Váci Greens office complex to a Hungarian private fund set up by MEFG for an undisclosed sum.

Building E of the complex, which comprises almost 23,500 sqm of office space, is scheduled for completion in September 2020. Construction work began on this and the sixth and final building, Váci Greens F, last year. Once completed, Váci Greens will have a total area of 130,000 sqm.

In 2011, it was the first project in the city to be awarded BREEAM ‘Excellent’ certification. The first four buildings were sold between the end of 2016 and the end of 2017.

Latest news

Retail & leisure

Poland Retail still in the doldrums

schedule 22 January 2021
Opr./edited by AH

Over the past twelve months, three lockdowns have changed Polish shopping habits and resulted in smaller retail outlets growing in popularity, claims JLL in its latest research.

Events

Poland Investment under pressure?

schedule 20 January 2021
Eurobuild Conferences

April 22nd is when Eurobuild’s 7th Invested Interest Investment Market Conference will take place. The event will be distinctive in two ways: firstly, because we will meet again in a more intimate manner than usual (a TV studio as well as in your apartments or offices); and secondly, this year’s discussions will be guided by the spirit of a well-known rock group that sold millions of records.

Office & mixed-use development

Poland Warsaw office stock almost at 6 mln sqm

schedule 22 January 2021
Opr./edited by AH

At the end of Q4 2020, the total modern office stock in Warsaw came to 5.9 mln sqm according to figures compiled by the Polish Commercial Real Estate Chamber (PINK).

Office & mixed-use development

POLAND Skyliner set to welcome first tenants

schedule 22 January 2021
Nathan North
deputy editor

The 195m-high Skyliner office tower in Warsaw has been issued with an occupancy permit.

Warehouse & industrial

POLAND Panattoni close to finishing first warehouse for OTCF

schedule 22 January 2021
Opr./edited by NN

Panattoni is close to completing the first construction stage of a distribution warehouse for sports clothing and accessories manufacturer OTCF in Czeladź in Silesia.

Warehouse & industrial

Romania Mega Image in Chitila

schedule 21 January 2021
Opr./edited by AH

Grocery operator Mega Image has moved into the Chitila Logistics Hub in Bucharest owned by Globalworth and Global Vision.

Warehouse & industrial

Poland Uniq moves to MLP Łódź

schedule 21 January 2021
Opr./edited by AH

Uniq Logistic is to take up a total of over 17,000 sqm in two locations: Pruszków and Łódź.

Property and Facility Management

CEE REGION Skanska achieves Well Health-Safety for eight buildings

schedule 21 January 2021
Nathan North
deputy editor

Skanska has obtained Well Health-Safety Ratings for eight office properties in Poland, Romania and the Czech Republic.

Warehouse & industrial

ROMANIA Carrefour renews huge lease at P3 Bucharest A1

schedule 21 January 2021
Nathan North
deputy editor

French supermarket chain Carrefour has renewed its 85,000 sqm lease in the P3 Bucharest A1 warehousing park – one of the largest ever deals of its kind on the Romanian market.

Investment & finance

HUNGARY M7 acquires Laki Center for EUR 12.35 mln

schedule 20 January 2021
Nathan North
deputy editor

London-based investor and asset manager M7 Real Estate has acquired the Laki Commerical Center (Laki Kereskedelmi Központ) office building in Budapest for its M7 CEREF II fund for EUR 12.35 mln.

Warehouse & industrial

POLAND Panattoni buys 8.2 ha for latest Warsaw park

schedule 20 January 2021
Nathan North
deputy editor

Panattoni has bought an 8.2 ha site in Warsaw’s Annopol district for the development of City Logistics Warsaw IV, which will offer around 40,000 sqm.

Green projects

POLAND Warsaw Trade Tower now ‘Excellent’

schedule 20 January 2021
Nathan North
deputy editor

Warsaw Trade Tower has been awarded a new BREEAM In-Use certificate with a rating of ‘Excellent’.

Public buildings

POLAND Erbud wins PLN 22.5 mln Mińsk Mazowiecki police HQ contract

schedule 20 January 2021
Nathan North
deputy editor

Erbud has been awarded a PLN 22.5 mln net contract for the construction of the Mińsk Mazowiecki county police headquarters.

Investment & finance

Poland M4 and InPost team up

schedule 19 January 2021
Opr./edited by AH

InPost has hired M4 Real Estate as consultants to advise on logistics property investments. 

Interior design

Poland Oracle offices now ready

schedule 19 January 2021
Opr./edited by AH

Cushman & Wakefield, as the project manager, has completed the fit-out of a 3,500 sqm office for multinational IT company Oracle in the Warsaw Hub complex.

Property and Facility Management

Romania Cushman to manage Floreasca

schedule 19 January 2021
Opr./edited by AH

Cushman & Wakefield Echinox has been appointed to manage the Floreasca Park office in the Floreasca – Barbu Văcărescu district in Bucharest.

Warehouse & industrial

POLAND Hopi hops into P3 Mszczonów

schedule 19 January 2021
Nathan North
deputy editor

Czech logistics company Hopi has leased 33,910 sqm of warehouse and office space in the P3 Mszczonów warehousing park. The new building will serve as the company’s central warehouse and HQ in Poland.

Office & mixed-use development

POLAND Allegro leases 26,000 sqm in Nowy Rynek

schedule 19 January 2021
Nathan North
deputy editor

Skanska has signed a lease agreement with online shopping company Allegro for app. 26,000 sqm of office space and 177 parking spaces in the third office building of its Nowy Rynek mixed-use development in Poznań.

Property and Facility Management

CZECH REPUBLIC CPI sells FM division to M2C

schedule 18 January 2021
Nathan North
deputy editor

CPI Property Group has sold a majority stake in its facility management division to another Czech company M2C.

Warehouse & industrial

SERBIA CTP starts major expansion of Belgrade North

schedule 18 January 2021
Nathan North
deputy editor

Czech industrial developer CTP is to expand CTPark Belgrade North after the acquisition of a 28,500 sqm warehouse and adjacent land from Austrian-based real estate developer Eyemaxx.

Latest in Investment & finance

schedule 20 January 2021

M7 acquires Laki Center for EUR 12.35 mln

London-based investor and asset manager M7 Real Estate has acquired the Laki Commerical Center (Laki Kereskedelmi Központ) office building in Budapest for its M7 CEREF II fund for EUR 12.35 mln.

schedule 19 January 2021

M4 and InPost team up

InPost has hired M4 Real Estate as consultants to advise on logistics property investments. 

schedule 18 January 2021

Partners completes Buma portfolio purchase

Partners Group has finalised its acquisition of eleven class A office properties from Buma, including two sites under development.

schedule 18 January 2021

Deka buys Parkview for EUR 77 mln

Deka Immobilien has bought the Parkview office building in Prague 4 from its developer Skanska for around EUR 77 mln.

schedule 18 January 2021

Kaupthing sells 137 ha logistics park site in Plzeň

Icelandic asset manager Kaupthing has sold 137.1 ha of land along the D5 motorway near Plzeň to an undisclosed buyer.

schedule 15 January 2021

Cavatina pleased with 2020 performance

Cavatina has announced EUR 206.5 mln in completed transactions over 2020.

schedule 15 January 2021

Frito Lay sells Warsaw land

Frito Lay Poland, a subsidiary of PepsiCo is selling 5,388 sqm of land and buildings held in perpetual usufruct at ul. Zamojskiego 24/26 in Warsaw.

schedule 13 January 2021

Albtatros swoops into Mayhouse

Albatros Media, the biggest publishing house in the Czech Republic, is moving its headquarters to the Mayhouse office building in Prague 4.

schedule 12 January 2021

One takes stake in Glass Rom

Real estate developer One United Properties has taken a stake of over 20 pct in Glass Rom Impex, having purchased the shares from the owner of the company, Adrian Zamfir.

schedule 11 January 2021

Starwood poised to launch CA Immo takeover bid

US financial investor Starwood intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds not yet held by the company.

schedule 10 January 2021

Ronson buys Warsaw land

Ronson Development signed has acquired 2,715 sqm on ul. Studzienna in Warsaw for PLN 13.5 mln net.

schedule 09 January 2021

Avison Young teams up with Limehouse to enter Hungary

Avison Young has announced a strategic affiliation with real estate advisory and asset management group Limehouse, which will now run its advisory services in Hungary under the Avison Young brand.

schedule 04 January 2021

Yareal sells two Lixa buildings to Koreans for EUR 82.2 mln

Yareal has finalised the sale of the first phase the Lixa office complex in central Warsaw for EUR 82.2 mln to Hana Investment, a South Korean consortium represented by Commerz Real.

schedule 31 December 2020

GTC coping with portfolio value slide

The value of Globe Trade Centre’s real estate portfolio is expected by the group to have decreased by app. EUR 74 mln in the three-month period ending December 31st, 2020 – a decline of 3.4 pct on the appraised value of EUR 2.161 bln at the end of September.

schedule 28 December 2020

Poland and Romania weather the storm

The real estate investment volume for 2020 in the main CEE countries is expected to reach EUR 9.4 bln, a third down on last year’s figure, according to Cushman & Wakefield.

schedule 22 December 2020

GalCap picks up Koszykowa 54

Viennese real estate investor Galleon Capital Management (GalCap) has acquired the Koszykowa 54 office building in central Warsaw from the UBS Real Estate Kapitalanlagegesellschaft fund for an undisclosed sum.

schedule 22 December 2020

Churchill Square sold in largest office deal of 2020

Penta Real Estate has sold the Churchill Square office complex in Prague to a joint venture between Českomoravská Nemovitostní (ČMN) and Middle Eastern investor Corporate Finance House Group (CFH) for more than CZK 4 bln (app. EUR 152 mln).

schedule 17 December 2020

MIRA invests over EUR 300 mln in 2020

MIRA Real Estate, which includes the former GLL Real Estate Partners, has continued to expand its presence in logistics real estate with more than EUR 300 mln in European transactions agreed over 2020.

schedule 17 December 2020

Aareal refinances two CTP parks

Aareal Bank has arranged and underwritten the EUR 403.5 mln refinancing of two logistics and industrial parks in the Czech Republic on behalf of CTP.

schedule 17 December 2020

Lords sells Vilnius SEB HQ to Luxembourg fund

Closed-ended real estate investment fund Lords LB Special Fund II has sold SEB Bank’s headquarter building in Vilnius to DEREIF SICAV FIS, which is managed by Luxembourgish asset and investment specialist REInvest Asset Management.

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