Papalekas steps down

Human resources
POLAND/ROMANIA Ioannis Papalekas, the founder of Globalworth, is stepping down from the board of directors of Globalworth with immediate effect but will remain as CEO.
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Dimitris Raptis, the current deputy CEO, has been appointed co-CEO and will also retain his position as chief investment officer. The news follows the announcement of Ioannis Papalekas selling his entire stake in the company to CPI Property. As a result of this sale CPI has gained the right to elect a member to the board and have nominated Martin Bartyzal as a non-executive director.

Latest news

Warehouse & industrial

Germany Medical supplies come to Panattoni Park Lübeck South

schedule 28 May 2025

Work has begun on the Panattoni Park Lübeck South project.

Warehouse & industrial

Czech Republic Strong start to year for warehousing

schedule 28 May 2025
Opr./edited by AH

The Czech industrial market is experiencing a recovery in both construction and leasing activity according to figures from Cushman & Wakefield.

Office & mixed-use development

Poland First stage of Towarowa 22 complete

schedule 27 May 2025
Opr./edited by AH

The Office House building in Warsaw has received its occupancy certificate.

Office & mixed-use development

Czech Republic Karimpol starts work on Vydrovka

schedule 27 May 2025
Opr./edited by AH

Karimpol International is building Vydrovka Office Center on Pobřežní Street in Prague 8 Karlín.

Warehouse & industrial

Poland Panattoni completes factory for Valmet Automotive 

schedule 27 May 2025
Opr./edited by AH

Panattoni has handed over a hi-tech manufacturing and logistics development to automotive parts supplier Valmet Automotive.

Warehouse & industrial

Poland Peakside to develop Tricity centre

schedule 27 May 2025
Opr./edited by AH

Peakside Capital Advisors is preparing to launch a warehouse project within the Tricity metropolitan area.

Warehouse & industrial

Poland June delivery for UrbanBox Park Komorniki

schedule 26 May 2025
Opr./edited by AH

Belgian real estate developer ILD is to complete the first stage of its UrbanBox Park Komorniki development in late June.

Warehouse & industrial

Czech Republic Road to recovery for industrial real estate

schedule 26 May 2025
Opr./edited by AH

The gross demand for industrial space in the Czech Republic rose above the five-year average in the first quarter of this year, suggesting a market recovery according to the latest figures from Colliers.

Warehouse & industrial

Germany Mercedes opens ICC centre in Bischweier

schedule 23 May 2025
Opr./edited by AH

Panattoni Germany has just completed a 130,000 sqm industrial facility for Mercedes-Benz AG  in Bischweier.

Office & mixed-use development

Poland Vena on its way

schedule 23 May 2025
Opr./edited by AH

PHN has completed the shell stage of its Vena office building project on al. Prymasa Tysiąclecia in Warsaw. The construction is scheduled for completion in Q1 2026.

Retail & leisure

Poland Designer Outlet Kraków now open

schedule 23 May 2025
Opr./edited by AH

KG Group has opened its Designer Outlet Kraków retail centre on ul. Galicyjska.

Warehouse & industrial

Germany Garbe tops out logistics centre in Rüdenhausen

schedule 23 May 2025
Opr./edited by AH

Garbe Industrial Real Estate has held the topping-out ceremony for a logistics property in Rüdenhausen near Würzburg.

Retail & leisure

Romania Romania still underserved by retail space

schedule 22 May 2025
Opr./edited by AH

Total modern retail stock in Romania reached 4.7 mln sqm with 250 sqm per 1,000 head of population, which remains one of the lowest densities in the CEE region.

Warehouse & industrial

Germany Nrep and HIH Invest to develop park in Herten

schedule 21 May 2025
Opr./edited by AH

Nrep in a joint venture with HIH Invest Real Estate has acquired a 37,000 sqm logistics development site in Herten with joint venture partner HIH Invest Real Estate.

Exclusive
Exclusive

Cooperation is key – Joanna Kowalewska of Axi Immo

schedule 21 May 2025
Julia Cudowska

In our latest exclusive interview, we caught up with Joanna Kowalewska, the COO of Axi Immo, to find out her take on the current Impact 2025 convention in Poznań. The event has brought together leaders and experts from a variety of sectors as well as cultural commentators and influencers to explore the key challenges involved in shaping our world today – and is sparking discussions that could help to pave the way to a better future.

Investment & finance

Czech Republic Q1 investment volume already beats previous year

schedule 21 May 2025
Opr./edited by AH

Total real estate investment volume in the Czech Republic topped EUR 1.48 bln, which is already higher than the full-year 2023 results of EUR 1.15 bln.

Warehouse & industrial

Czech Republic DB Schenker expands in CTPark Bor

schedule 21 May 2025

CTP has refurbished a former tyre warehouse at CTPark Bor into 17,500 sqm of industrial space for the use of logistics provider DB Schenker.

Exclusive
Exclusive

CEE REGION A resolve like Granit - Erik Wafler of Gránit Asset Management

schedule 20 May 2025
Nathan North
managing editor

Gránit Asset Management recently acquired the first stage of the Equilibrium office complex in Bucharest from Skanska for EUR 52 mln. And so, in this exclusive interview, we asked Erik Wafler, the senior investment manager, Gránit Asset Management, about the office market in the region and the company’s plans for its portfolio.

Warehouse & industrial

Poland Two tenants for Panattoni Park Siedlce

schedule 20 May 2025
Opr./edited by AH

Panattoni has secured two new tenants for its park in Siedlce.

Warehouse & industrial

Hungary Sofidel comes to CTP Budapest West

schedule 20 May 2025
Opr./edited by AH

Paper packaging producer Sofidel Hungary has signed an 18,000 sqm lease agreement with CTP Hungary at CTPark Budapest West.

Latest in Human resources

schedule 29 August 2024

Changes at the helm of Dom Development

Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the supervisory board. From the beginning of 2025, Mikołaj Konopka, current member of the management board and co-founder and president of Euro Styl, will take over the reins of the company.

schedule 08 January 2024

Savills has new CEO

Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held the position of head of Corporate Finance and Valuation at Savills. 

schedule 17 October 2023

New head of retail at Cushman & Wakefield

Michał Masztakowski has taken up the position of the head of the retail agency in Poland at Cushman & Wakefield. He will be responsible for preparing and implementing the department's business strategy, expanding the firm's client portfolio and leading a team advising tenants and investors.

schedule 30 August 2023

Savills appoints CEE CEO

Savills has appointed Stuart Jordan, the current managing director of the consultancy in the Czech Republic and Slovakia, as CEO of the entire CEE region.

schedule 12 December 2022

Hotel Gellért changes hands

BDPST Group has acquired the Hotel Gellért Szálló in central Budapest from Danubius Hotel Group for an undisclosed sum.

schedule 08 September 2022

Ettenauer steps down as S Immo CEO after CPI takeover

Austrian real estate investor S Immo, following the successful completion of the mandatory takeover offer by Prague-based CPI Property Group, has by mutual consent terminated the contract of S Immo’s CEO, Bruno Ettenauer.

schedule 18 July 2022

Changes at the top for 7R

Łukasz Jachna, the current member of the board and the chief capital markets officer of Polish warehouse developer 7R, has decided to leave the company. He will remain the head of the capital markets team until the end of September this year.

schedule 05 July 2022

Colliers goes West in Serbia

Colliers has entered into an affiliate agreement with Serbian real estate services company West Properties.

schedule 25 April 2022

Generation Park Y awarded gold

The Generation Park Y office tower, which was developed by Skanska in Warsaw's Wola-Centrum district and is now owned by Hansainvest Real Assets, has received a Well Core & Shell ‘Gold’ certificate.

schedule 15 April 2022

Meet Klara the constructor of the future

Polish construction firm Erbud has published a book aimed at encouraging girls to think about a career in the building industry.

schedule 11 January 2022

New CDO at MDC2

Maciej Madejak has been appointed chief development officer, founder, and member of the management board of MDC2. Previously, he held management-level positions at Prologis, Goodman and Panattoni.

schedule 02 August 2021

Avison Young branches out with Valuation

Avison Young has broadened its range of services with valuation and advisory.

schedule 02 July 2021

Monika Rajska-Wolińska promoted to Colliers’ CEE head

Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now covers Poland, the Czech Republic, Hungary, Romania, Slovakia and Bulgaria, effective from August 1st, 2021.

schedule 01 July 2021

Silvia Schmitten-Walgenbach to lead CA Immo

Silvia Schmitten-Walgenbach has been chosen to be the next CEO of Austrian real estate investor and developer CA Immo.

schedule 07 May 2021

Colliers seeks new Serbian and Greek partners

Colliers has announced that it is ending its affiliation with its partner companies in Serbia and Greece.

schedule 15 April 2021

Cushman & Wakefield now all shook-up

Cushman & Wakefield has reorganised its CEE leadership by creating eight new senior positions.

schedule 25 March 2021

Avison Young expands into Czech and Bulgaria

Avison Young has launched two new strategic affiliations in the Czech Republic and Bulgaria to expand the firm’s services to clients further across the CEE region.

schedule 30 December 2020

The office future’s hybrid – C&W

A mix of in-office and remote working is likely to be the main style of office working to maximise employee and organisational performance once the pandemic is over, according to the latest report from Cushman & Wakefield.

schedule 12 October 2020

JLL appoints new CEO

JLL has for the first time in the history of international real estate consultancies in Poland chosen someone from outside the sector to run the company. Mateusz Bonca has been appointed the CEO of JLL in Poland, with his new posting becoming effective in mid-November.

schedule 08 June 2020

Some new advice for the market

POLAND Reina Partners is the latest advisory to emerge on the Polish commercial real estate market.

Read flipbook version

Edition 5 (298) May 2025

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