PL

CEE REGION Avison Young expands into Czech and Bulgaria

Human resources
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.

The company, which already has branches in Hungary, Poland and Romania, will be opening a new Czech branch on April 1st. It will be led by its principal and managing director Ryna Wray, a capital markets and valuation specialist. He will work in close cooperation with David Canta, his counterpart at Avison Young in Romania. The team will advise occupiers and landlords in areas as: capital markets and investment brokerage; valuation advisory services; office, retail and industrial leasing; property management; and research and consulting services.

In Bulgaria, Avison Young will be affiliated with Slavtchev Consulting, which was founded by Anton Slavtchev in 2012. As well as brokerage, advisory and office building management, it also provides landlord and tenant representation services, marketing advisory services and market research.

Building our capability in the region CEE is a key component of our European expansion plans; we are gradually expanding our geographical footprint across Europe and we expect further announcements will follow. As we expand, our focus is on deploying the skills, technology and intelligence that allows us to provide the leading service our clients expect from us. Our aim is to offer a seamless service of the highest quality across the CEE region and indeed all of Europe.
Gerry Hughes, thee principal and president of Avison Young Europe

Earlier this year, Avison Young announced that it was affiliating in Hungary with real estate advisory and asset management group Limehouse.

Latest news

Investment & finance

CEE REGION EBRD sells Globalworth stake to CPI and Aroundtown

schedule 27 July 2021
Nathan North
deputy editor

The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire 5 pct stake in Globalworth Real Estate Investments to Zakiono Enterprises, which is owned by CPI Property Group and Aroundtown – a consortium that is currently engaged in a takeover bid for the Romanian-based company.

Warehouse & industrial

POLAND Hart Logistics leases 10,000 sqm in MLP Poznań West

schedule 27 July 2021
Opr./edited by NN

Polish warehouse property developer MLP Group is to build a 10,000 sqm facility for Hart Logistics in MLP Poznań West.

Office & mixed-use development

ROMANIA EUR 78 mln loan for One Cotroceni Park

schedule 27 July 2021
Nathan North
deputy editor

One United Properties has been loaned EUR 78 mln from a consortium of banks for its One Cotroceni Park office complex in Bucharest.

Warehouse & industrial

POLAND White Star Logistics launches first two projects

schedule 27 July 2021
Nathan North
deputy editor

White Star Logistics, a new joint venture between White Star Real Estate and fellow US investor Bain Capital Credit, is to develop its first two logistics centres – in Nowy Konik and Raszyn, on Warsaw’s eastern and southwestern outskirts, respectively.

Warehouse & industrial

HUNGARY Knapp buys former lawnmower plant

schedule 26 July 2021
Opr./edited by NN

Austrian automation company Knapp has bought a 30,000 sqm industrial plant near Veszprém from lawnmower producer MTD Hungary for an undisclosed sum.

Infrastructure

ROMANIA Strabag awarded EUR 111 mln Oradea contract

schedule 26 July 2021
Opr./edited by NN

Austrian construction firm Strabag has been awarded an EUR 111 mln contract to build a 19 km dual carriageway between Oradea and the A3 motorway.

Warehouse & industrial

POLAND Tenth building with new tenants for 7R Park Kraków

schedule 26 July 2021
Nathan North
deputy editor

Polish industrial developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city.

Office & mixed-use development

POLAND Koneser up for sale

schedule 26 July 2021
Nathan North
deputy editor

BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

Office & mixed-use development

POLAND Colliers chosen for University Business Park

schedule 23 July 2021
Opr./edited by NN

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

Architecture and urban planning

CZECH REPUBLIC Dutch duo wins Brno station design competition

schedule 23 July 2021
Nathan North
deputy editor

Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic.

Green projects

ROMANIA NEPI obtains EUR 73 mln green loan

schedule 23 July 2021
Opr./edited by NN

The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, for the development of sustainable real estate in Romania.

Office & mixed-use development

POLAND Warsaw office vacancy hits 12 pct

schedule 23 July 2021
Opr./edited by NN

At the end of Q2 2021, the total modern office stock in Warsaw amounted to almost 6.1 mln sqm, according to the latest figures from PINK (the Polish Chamber of Commercial Properties). The vacancy rate was up by 1.1 pp q-o-q and by 4.6 pp y-o-y to 12.5 pct.

Office & mixed-use development

POLAND Apple Museum at Norblin Factory

schedule 22 July 2021
Opr./edited by NN

A museum dedicated to Apple products is to open in the Norblin Factory complex in the autumn with 1,500 exhibits related to the development and evolution of the company’s technology.

Infrastructure

POLAND Warbud to build new Kostrzyn bridge

schedule 22 July 2021
Opr./edited by NN

Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.

Retail & leisure

CZECH REPUBLIC Patria buys two retail parks

schedule 22 July 2021
Opr./edited by NN

Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc district of Moravia.

Public buildings

POLAND Złota 44 sales hit record figures

schedule 22 July 2021
Opr./edited by NN

In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.

Office & mixed-use development

POLAND City takes up 12,000 sqm in Widok Towers

schedule 21 July 2021
Nathan North
deputy editor

Warsaw city council has leased 12,000 sqm in the newly completed Widok Towers in the centre of the capital.

Office & mixed-use development

POLAND Axi Immo happy in Spektrum and Muchowiec

schedule 21 July 2021
Opr./edited by NN

Industrial and office agency Axi Immo has renewed the leases for its premises on the top floor of Spektrum Tower in Warsaw’s CBD as well as in Muchowiec Active Park in Katowice.

Office & mixed-use development

HUNGARY RTL to broadcast from Liget

schedule 21 July 2021
Opr./edited by NN

RTL Services, the business services company for Magyar RTL Televízió, has signed a long-term lease for space in the Liget Center and the Liget Auditórium office buildings in Budapest, which are owned by Wing.

Retail & leisure

ROMANIA Scallier buys Timişoara project for FunShop Park

schedule 21 July 2021
Opr./edited by NN

Polish developer Scallier has acquired a retail park development from Oasis Retail & Development Consulting in Timişoara for an undisclosed sum.

Latest in Human resources

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.

schedule 06 May 2020

Back to a brave new office - JLL

POLAND/WORLD As employers prepare to allow their staff to return to their offices, a recent study by JLL points out that the process will have to be done gradually and certain safeguards and revised practices will have to be in place.

schedule 22 April 2020

C&W Poland announces new head

POLAND Krzysztof Misiak has been appointed head of Cushman & Wakefield Poland.

schedule 20 April 2020

Michal Oparty of JLL Bratislava joins RICS

SLOVAKIA Michal Oparty, the head of the project and development services department at JLL Bratislava, has been made a member of the Royal Institution of Chartered Surveyors.

schedule 08 April 2020

CBRE Czech unveils new head of investment

CZECH REPUBLIC Katarína Brydone has been appointed head of investment properties of CBRE in the Czech Republic, effective from June 1st. She succeeds Chris Sheils, who has decided to leave the business following Clare Sheils’ promotion to managing director of CBRE Czech Republic.

schedule 19 March 2020

Oliver Schumy steps down

EUROPE Oliver Schumy, the CEO of Immofinanz, is stepping down from the management board.

schedule 19 March 2020

Papalekas steps down

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.

schedule 27 February 2020

Skanska centralises

CEE REGION Skanska has centralised its operations in the CEE region by appointing new deputy CEOs responsible for different divisions.

schedule 19 February 2020

Demography set to change the real estate market

WORLD Around 693 mln boomers will reach retirement age and 1.3 bln of generation Z are set to enter workforce over the next 10 years, according to the “Demographic Shifts: The World in 2030” report by Cushman & Wakefield.

schedule 21 January 2020

JLL announces new regional boss

Sabine Eckhardt has been appointed CEO for Central Europe, with effect from May 1st.

schedule 17 January 2020

Leach & Partners to manage for Catella

POLAND Leach & Partners have been appointed to manage two residential buildings and one private student house at ul. Rakowicka 20 in Kraków.

schedule 17 December 2019

Trzósło to say goodbye to JLL

EPP has announced that Tomasz Trzósło has been nominated for the position of CEO to succeed Hadley Dean, whose term of office is due to expire in May. The appointment has to be approved by the general meeting of shareholders.

schedule 09 December 2019

Embracing an ageing workforce

POLAND According to the ‘Generation 50+ at work – truth and stereotypes’ report by Essilor Polonia and Bigram 59 pct hold a degree and more than half claim to know English at an advanced level.

Categories