Oliver Schumy steps down

Human resources
EUROPE Oliver Schumy, the CEO of Immofinanz, is stepping down from the management board.
You are reading this content because it is covered by the free limit. Buy full access!

The company claims that the premature termination of his contract is based on mutual agreement due to personal reasons.

“Oliver Schumy has made a valuable and lasting contribution to the successful repositioning of Immofinanz in the recent years,” says Michael Knap, the chairman of the supervisory board. “The termination of the contract is not related to the position of the company or possible effects of the covid-19 crisis on the business of Immofinanz,” he insists.

The leadership of Immofinanz is now to be taken over by Dietmar Reindl and Stefan Schönauer.

Latest news

Infrastructure

Poland Mielec station to be rebuilt

schedule 09 July 2026
Opr./edited by AH

Polish State Railways (PKP) has awarded a tender to build a new railway station in Mielec. The contract has already been signed and work will start this summer.

Office & mixed-use development

Poland Ever Catering comes to Flanders Park

schedule 09 July 2026
Opr./edited by AH

A new bistro has opened in Building A of Flanders Business Park. Ever Catering, part of Ever Grupa, is the operator.

Office & mixed-use development

Poland Two new tenants in K2

schedule 09 July 2026
Opr./edited by AH

Two new tenants have entered Vastint's K2 office building in Gdynia, taking up a combined 1,200 sqm.

Residential

Poland Building permits a scarce resource

schedule 09 July 2026
Opr./edited by AH

The increasing length of time it takes to issue building permits is changing the rules of the game in the Warsaw residential land market.

Warehouse & industrial

Germany Munich slows down

schedule 09 July 2026
Opr./edited by AH

Realogis recorded take-up of 115,700 sqm on Munich’s logistics and industrial property market in H1 2026. Of this total, warehouse space accounted for 99,500 sqm or 86 pct, office space for 13,900 sqm (12 pct) and mezzanine space for 2,300 sqm (2 pct).

Investment & finance

Germany Alstom leases 31,000 sqm

schedule 09 July 2026
Opr./edited by AH

Garbe Industrial has leased 31,000 sqm in Salzgitter to rail vehicle manufacturer Alstom.

Investment & finance

Croatia InterCapital buys Avenue Mall

schedule 09 July 2026
Opr./edited by AH

The InterCapital Real Estate Fund is to acquire Avenue Mall and the adjacent Avenue Center office building in Zagreb for EUR 100 mln.

Exclusive

POLAND A most understanding partner – Philipp Schomberg of Kingstone RE

schedule 09 July 2026
Nathan North
managing editor (English section)

Munich-based investment management platform Kingstone Real Estate has been in the news in the last few days due to the headline-grabbing EUR 150 mln acquisition of the Olivia Star office tower in Gdańsk by Strabag. It has also partnered with other international players for their activities on the Polish market. And so, hot on the heels of the Olivia Star deal, we caught up with Philipp Schomberg, the co-founder and Poland CEO of Kingstone RE to find out more about the company and its plans.

Retail & leisure

Poland Home & you reopens in Bonarka

schedule 08 July 2026
Opr./edited by AH

The Bonarka shopping centre in Kraków has expanded its home furnishings offerings with a refreshed home&you store.

Retail & leisure

Poland Newbie comes to Silesia City Center

schedule 08 July 2026
Opr./edited by AH

Newbie, a brand owned by the Swedish Kappahl Group, has opened a store at Silesia City Center in Katowice.

Data centres

Poland Poland to benefit from data centre realignment

schedule 08 July 2026
Opr./edited by AH

While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According to the latest 'EMEA Data Center Markets Report | H1 2026' by Colliers, energy constraints in Europe's largest hubs are driving investment to new locations, including Poland.

Residential

Poland Yareal builds in Żoliborz

schedule 08 July 2026
Opr./edited by AH

Sales have been launched for 66 apartments in Yareal’s first project in Warsaw’s Żoliborz district.

Residential

Poland First stage of Nowa Praga completed

schedule 08 July 2026
Opr./edited by AH

The first phase of the Nowa Praga residential development has been granted an occupancy permit, with apartment handovers soon to begin. The new development by Asbud comprises three residential buildings with 280 units of one to five rooms—ranging from 31 sqm to 125 sqm as well as one apartment with two floors.

Warehouse & industrial

Poland Pekabex to expand fish and seafood distribution centre

schedule 08 July 2026
Opr./edited by AH

Pekabex Bet, part of the Pekabex Group, has been appointed by Nord Capital as the general contractor for the expansion of the Fish and Seafood Distribution and Processing Centre in Rekowo Górne. The contract value corresponds to 2 pct of the Pekabex Group's revenue in 2025.

Investment & finance

Romania Radisson Blu refinanced

schedule 08 July 2026
Opr./edited by AH

The Radisson Blu Hotel Complex in the heart of Bucharest has been refinanced with a EUR 123 mln loan. The hotel complex is owned by Revetas Capital together with funds and accounts managed by Cerberus Capital Management. The facility was underwritten by Deutsche Pfandbriefbank (pbb) with whom Revetas has a long-standing relationship.

Warehouse & industrial

Poland Panattoni Park Szczecin VII ready

schedule 08 July 2026
Opr./edited by AH

Panattoni has completed construction and handed over Panattoni Park Szczecin VII. The new centre has a floor area of 25,000 sqm. The building’s main tenants are two leading logistics operators.

Retail & leisure

Poland Eobuwie strengthens partnership with Gemini Park

schedule 07 July 2026
Opr./edited by AH

Gemini Holding is strengthening its partnership with Modivo Platform. At the beginning of July, an Eobuwie store opened in Gemini Park Tarnów, and the brand will also debut in Gemini Park Tychy during the summer.

Retail & leisure

Poland Burger King enters Posnania

schedule 07 July 2026
Opr./edited by AH

Burger King will open in Posnania. The addition of this restaurant brand strengthens the centre's tenant mix and aligns with the mall's long-term development strategy.

Office & mixed-use development

Poland Business services grow in the Tricity

schedule 07 July 2026
Opr./edited by AH

Pomerania is attracting investment that goes beyond traditional shared services centres. This increasingly includes software development, artificial intelligence, cybersecurity, and research and development, according to the report 'GBS Next Stop: Tricity,' by KPMG and Invest in Pomerania.

Warehouse & industrial

Poland The new logic of logistics management

schedule 07 July 2026
Opr./edited by AH

Logistics is no longer a race for a single metric. Today, it's a field of constant decisions balancing time, cost, technology, and customer expectations. Companies that try to optimise for just one element of the supply chain quickly feel the consequences of such decisions in other areas – from profitability to service quality.

Latest in Human resources

schedule 01 April 2026

Leadership change at Nepi Rockcastle

Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.

schedule 10 February 2026

Change at the top for ULI Europe

The Urban Land Institute (ULI) has appointed Simon Durkin as Chief Executive Officer Europe, ULI, succeeding Lisette van Doorn, commencing early March 2026.

schedule 07 October 2025

ULI announces new chairs

ULI Poland has announced the appointment of new co-chairs to its Product Councils and a new Chair of the Young Leaders group. The leadership team shaping ULI Poland’s agenda is joined by Ilona Otoka (Savills Poland), Michał Witkowski (Colliers), Waldemar Grabka (EQT Exeter), Rafał Stoparczyk (Skanska Commercial Development Europe) and Justyna Glinka (Baker McKenzie Krzyżowski i Wspólnicy), who, as the newly appointed chair of young leaders, also becomes a member of the ULI Poland Executive Committee.

schedule 10 July 2025

Panattoni bets big on data centres

Panattoni is launching a new strategic initiative to develop data centres in Europe, the UK, India and the Middle East. Four experienced specialists have been hired to implement the project.

schedule 27 June 2025

Five new board members at JLL

Five new members are joining JLL's management board, and will take on their new roles from the beginning of July.

schedule 03 June 2025

A change of guard at Eurobuild

From the beginning of June this year, Anna Korólczyk-Lewandowska takes over the position of Editor in Chief of Eurobuild magazine.

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.

Read flipbook version

Edition 6 (308) June 2026

Latest comments

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition