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Czech Republic Atrium Flora managed by Cushman & Wakefield 

Property and Facility Management
Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.
Built in 2003, the 20,000 sqm shopping centre is located at an important Prague transportation hub, directly above the Flora metro station. Last year saw a major refurbishment of the interior of the entire complex, including a generous extension of the food court. This year, the overall renovation should be completed. The centre’s main tenants include Cinema City with IMAX, and brands such as Attrativo, Bushman, Butlers, Calzedonia, Ecco shoes, Flying Tiger, H&M, Intimissimi, Lindex,
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Latest news

Investment & finance

Poland DL Invest acquires major brownfield site

schedule 23 December 2024
Opr./edited by JC

DL Invest Group has finalized the acquisition of a production and warehouse complex in Bielsko-Biała, with a total rental area exceeding 270,000 sqm.

Material partner

Poland Galant Ząbkowska Apartments with FusionLive

schedule 02 December 2024
Eurobuild CEE

Peninsula Property is an investor and development company that builds high-quality, thoughtfully designed apartment buildings, boutique residences and hotels to ensure the best possible experience for future residents and tenants. It stands out for its innovative designs and concepts in the Polish market.

Investment & finance

Czech Republic & Slovakia Blackstone acquires CT Real Estate

schedule 20 December 2024
Opr./edited by ANZ

Contera has announced a strategic partnership with Blackstone, the world's largest asset management company, to acquire CT Real Estate's portfolio of ten logistics parks for approximately €470 mln.

Investment & finance

POLAND Saski Point sold

schedule 20 December 2024
Opr./edited by NN

CA Immo has completed the sale of the Saski Point office building in central Warsaw to an undisclosed buyer.

Investment & finance

POLAND Investika makes biggest logistics deal of 2024

schedule 20 December 2024
Opr./edited by NN

Investika Real Estate Fund and its JV partner Bud Holdings have acquired five Polish logistics parks with a combined area of 212,500 sqm from Polish warehouse developer 7R for more than EUR 150 mln.

Investment & finance

Poland/Germany Hillwood secures €368m loan from Aareal Bank

schedule 19 December 2024
Opr./edited by ANZ

Hillwood’s EU Industrial Club III has announced the successful closure of a EUR 368.19 mln loan with Aareal Bank AG, a leading international provider of financing, banking, and payment solutions for the property sector.

Office & mixed-use development

Poland US bank takes 13 floors

schedule 19 December 2024
Opr./edited by ANZ

BNY, the global financial services provider, has moved its Polish office to the Centrum Południe building in Wrocław. The company has taken 20,000 sqm of space on 13 floors in the Skanska-owned facility.

Warehouse & industrial

Poland 7R Hub in Nowa Huta

schedule 19 December 2024
Opr./edited by ANZ

7R will develop a technology and production hub on the site of Kraków's ‘Ruszcza’ Logistics and Industrial Centre. The 230,000 sqm investment will be built as part of the ‘’Kraków - Nowa Huta of the Future‘’ project.

Warehouse & industrial

Poland Fashion giant chooses Panattoni

schedule 19 December 2024
Opr./edited by JC

Panattoni has secured a new tenant for its investment in Lower Silesia. A company from the fashion industry has leased 40,000 sqm in Panattoni Park Głogów.

Eurobuild CEE

Poland A must-read for December!

schedule 18 December 2024
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Investment & finance

Poland Summus finalises transaction in Łódź

schedule 18 December 2024
Opr./edited by ANZ

Summus Capital has closed the acquisition of the React office building in the centre of Łódź. The property, valued at €32.5 mln, comprises more than 15,000 sqm of office space.

Investment & finance

Poland Czechs have bought Signum

schedule 18 December 2024
Opr./edited by JC

The DRFG Investment Group, with the strategic support of TriGranit, has acquired the Signum Work Station office building in Warsaw, with a leasable area of approx. 32,500 sqm.

Warehouse & industrial

Germany The largest deal for Garbe

schedule 18 December 2024
Opr./edited by JC

Garbe Industrial Real Estate has re-let one of its existing properties in Norderstedt. A retailer will use the property with a total area of around 26,200 sqm for the handling and storage of goods.

Warehouse & industrial

Poland Prologis builds for giants

schedule 17 December 2024
Opr./edited by ANZ

Prologis begins construction of a BTS warehouse for logistics company DP World. Prologis Park Łódź with an area of over 41,500 sqm will serve as a modern distribution centre for the Dell Technologies factory in Łódź.

Land acquisitions

Germany CTP secures major brownfield site

schedule 17 December 2024
Opr./edited by JC

CTP has agreed to a EUR 155 mln deal to acquire an industrial site spanning over 830,000 sqm in Düsseldorf, North Rhine-Westphalia. The seller is Vallourec, a manufacturer of pipe systems.

Office & mixed-use development

Hungary H2Offices flows in Budapest

schedule 17 December 2024
Opr./edited by JC

Skanska has commenced construction on the second building of the H2Offices complex in Budapest. The eight-story structure will offer about 22,000 sqm of leasable space.

Hotels

Poland Hotel in the clouds

schedule 16 December 2024
Opr./edited by JC

The first The Cloud One Hotel in Warsaw is set to open in the Upper One complex, offering over 360 rooms.

Investment & finance

Poland Panattoni sells two industrial facilities

schedule 16 December 2024
Opr./edited by JC

Panattoni has finalized the sale of two industrial parks – Panattoni Park Ruda Śląska III and Panattoni Park Kraków East II – to an international investor specializing in commercial real estate as its entry to Poland. The total transaction value reached about EUR 70 mln.

Office & mixed-use development

Poland Deloitte consolidates operations at Renoma

schedule 16 December 2024
Opr./edited by JC

Advisory firm Deloitte has decided to expand its office space at Wrocław's Renoma by more than 600 sqm. The building will become the company's sole office location in Lower Silesia.

Office & mixed-use development

Poland Reckitt consolidates its Warsaw office

schedule 16 December 2024
Opr./edited by JC

Reckitt Benckiser has chosen to consolidate its group companies in Ghelamco's Vibe. The company leased about 8,000 sqm of office space, becoming the largest tenant in the building.

Latest in Property and Facility Management

schedule 30 October 2024

Studio B under new management

Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.

schedule 28 August 2024

Cushman feels the Vibe

Cushman & Wakefield has been appointed property manager of the Vibe office building. Ghelamco’s latest development delivered 15,000 sqm to the Warsaw market.

schedule 24 June 2024

CBRE will rule in Skyliner II

Karimpol Polska is expanding its cooperation with CBRE. Starting in June 2024, the consultancy will be acting as the exclusive letting agent of Skyliner II office project.

schedule 19 June 2024

Cushman & Wakefield to manage the entire portfolio

Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw. The company will manage the fund’s entire Polish real estate portfolio of more than 47,000 sqm.

schedule 24 April 2024

EPP takes over the management of the M1 and Power Parks

EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's employees, including local property management teams will join EPP.

schedule 26 March 2024

Joint venture management for Romanian portfolio

M Core announces the launch of ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the M Core portfolio of 25 retail parks across Romania.

schedule 25 March 2024

Cushman rules at Expo Business Park

The Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, located in the Expozitiei area of Bucharest. As a result, the portfolio managed by the company’s asset services department reached almost 500,000 sqm.

schedule 03 January 2024

CBRE to manage Stop Shops in Serbia

CPI Property Group has appointed CBRE as manager of its Serbian Stop Shop retail park portfolio. It comprises 14 retail parks in 14 cities and more than 120,000 sqm of leasable area.

schedule 14 December 2023

Savills to look after Lakeside 

Savills will become the manager of the Lakeside office building. The complex is currently the largest development being built outside the central part of the capital. Atenor is responsible for its development.

schedule 13 September 2023

Savills to manage Okam City

Savills is to manage Okam's F.S.O Park development in Warsaw's Żerań district, covering the operation of the existing warehouse and office space.

schedule 24 July 2023

Tattersall Lorenz chosen by Schroder

Tattersall Lorenz has been appointed property manager of Schroder portfolio with a lettable area of over 230,000 sqm. The firm will also provide support for letting management and an ESG service contract for the properties.

schedule 02 May 2023

Offices and logistics most shielded from energy shocks

According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.

schedule 15 March 2023

Tattersall Lorenz to manage the Sony Center

Tattersall Lorenz has been chosen by Oxford Properties and Norges Bank Investment Management (NBIM) to undertake the technical and commercial property management as well as accounting of the Sony Center at Potsdamer Platz in Berlin.

schedule 02 March 2023

200 residential units under Talyo’s management

Talyo Property Services commenced the property management of the 'roomments.apartmenthouse' in Stuttgart. The cooperation started last month and covers commercial and technical property management as well as letting and warranty management of the property completed in 2019.

schedule 15 February 2023

Tattersall Lorenz’s first mandate from GLP Germany

Tattersall Lorenz will take over both the technical and commercial property management for a GLP Germany portfolio of 46 properties commencing April 1, 2023.

schedule 13 February 2023

Cushman & Wakefield manages for Adventum

Cushman & Wakefield has taken over the management of a portfolio of three shopping centres and one retail park acquired from Tesco last year by the Hungarian Adventum Group.

schedule 03 February 2023

Atrium Flora managed by Cushman & Wakefield 

Cushman & Wakefield took over the management of Atrium Flora in Prague’s Vinohrady district, a shopping centre owned by G City Europe.

schedule 30 January 2023

Face to face with Savills

Business Campus, an office complex in Katowice with a combined area of close to 50,000 sqm, has a new property manager. Its owner, a joint venture of the Czech fund INVESTIKA realitní fond and Luxembourg-based private equity investor Bud Holdings, has entrusted real estate advisory firm Savills to provide property management for the complex.

schedule 08 December 2022

Colliers selected as PM for Łużycka offices

Colliers has been appointed property manager of four buildings of Łużycka Office Park and also of Łużycka Plus in Gdynia, which were recently acquired by a joint venture between Czech-based Investika realitní fond and Luxembourg-registered Bud Holdings.

schedule 07 December 2022

MVGM stays on as PM for Pro Portfolio

MVGM has signed an extension to its property management contract for the retail and service space in five office buildings in Poland owned by PineBridge Benson Elliot and Sharow Capital.

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Edition 12 (294) December 2024

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