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Czech Republic Cushman & Wakefield manages for Adventum

Property and Facility Management
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.

Cushman & Wakefield assisted its long-standing client Tesco in the sale and is now managing and exclusively leasing 50,000 sqm of retail in the Czech Republic space for Adventum.

The projects that Cushman & Wakefield manages and leases for Adventum include Retail Park Chrudim, OC Fontána Karlovy Vary, OC Galerie Ostrava and OC Silesia Opava. In all the three shopping centres, the key tenant is the Tesco hypermarket, which now leases the space.

Other tenants include brands such as TEDi, Action and Sportisimo. As their asset, all three shopping centres can also offer customers a branch of the Czech Post and other services or shops for everyday shopping.

Latest news

Office & mixed-use development

Poland CitySpace opens new office in Warsaw

schedule 25 July 2024
Opr./edited by ANZ

CitySpace, an operator of flexible office space in Poland, will launch its fifth location in Warsaw in October. The new centre is being created in the Nowogrodzka Square office building and will operate under the name CitySpace Novo.

Material partner

Croatia Exclusive Auction: Unique Investment Opportunity in Istria

schedule 12 June 2024
Eurobuild CEE

Colliers, in partnership with Illyrian Land Funds, is announcing an exclusive auction for a prime development land site in Istria, Croatia. This property, covering 1,603,903 sqm, is ideal for a mixed-use resort development near Vodnjan, a charming town in Istria, Croatia's top tourist region. The site is just a 15-minute drive from the seafront

Warehouse & industrial

Czech Republic A gradual increase of vacancy

schedule 25 July 2024
Opr./edited by ANZ

Industrial Research Forum has announced industrial market figures for Q2 2024. The total amount of projects currently under construction increased to 969,800 sqm at the end of Q2 2024, out of which around 32 pct was already pre-leased. With over 117,000 sqm completed, the modern industrial stock in the Czech Republic reached the milestone of 12 mln sqm.

Office & mixed-use development

POLAND Displate stays in Atlas Tower

schedule 24 July 2024
Nathan North
deputy editor

Metal prints specialist Displate has extended its lease of 1,700 sqm in the Atlas Tower office building in central Warsaw.

Retail & leisure

Czech Republic Record-breaking Q1 2024 sees arrival of 20 new brands

schedule 24 July 2024
Opr./edited by ANZ

Twenty brands debuted on the Czech retail market between January and the end of June, the highest ever recorded in the first six months of a year. The biggest categories were Health and Beauty and F&B. All but one of the new brands opened in Prague, the other setting up shop in an outlet centre in the Moravian town of Hatě.

Office & mixed-use development

Poland Kion extends its lease in B4B in Kraków

schedule 24 July 2024
Opr./edited by ANZ

Kion has extended its lease agreement in Bonarka for Business office complex. Kion leases a total of 3,900 sqm office space in buildings E & F. The Kion Business Services Polska team in Kraków focuses on finance and accounting processes, IT services, and direct procurement tasks.

Warehouse & industrial

Poland City Logistics Kraków enters final stage

schedule 24 July 2024
Opr./edited by ANZ

Panattoni has begun the final construction stage of its City Logistics Kraków I warehouse park in the city’s Nowa Huta district. A total of 11,300 sqm is to be built with the park, which will expand to its final target size to 36,500 sqm.

Warehouse & industrial

Romania LPP signs deal for new e-commerce facility

schedule 23 July 2024
Opr./edited by ANZ

LPP, a fashion retailer, is moving into a new e-commerce facility at CTPark Bucharest West. Together with CTP, the fashion brand is extending its current building to support the delivery of the new facility. This will take LPP’s total footprint at the park to around 90,000 sqm with the new facility comprising around 40,000 sqm.

Warehouse & industrial

Germany Pure timber park to set new standards

schedule 22 July 2024
Opr./edited by ANZ

Garbe Industrial Real Estate and Logicenters have started work on one of the largest logistics properties made out of pure timber in the port town of Hafen Straubing-Sand in Bavaria. The project aims to set new standards in sustainable construction.

Warehouse & industrial

Poland Panattoni launches construction for E.G.O.

schedule 22 July 2024
Opr./edited by ANZ

Panattoni has begun construction work on a new BTO centre for the E.G.O., a supplier for household manufacturers. The construction of the manufacturing plant is to start in July this year and the completion is scheduled for the fourth quarter of 2025.

Warehouse & industrial

Poland Tuplex joins Multipark Bydgoszcz

schedule 22 July 2024
Opr./edited by ANZ

The company, which operates in the plastics industry, is a new tenant in Multipark Bydgoszcz, where it took 1,450 sqm of warehouse and office space.

Office & mixed-use development

Poland TechnipFMC stays at Podium Park

schedule 22 July 2024
Opr./edited by ANZ

TechnipFMC has renewed its lease for office space at the Podium Park office building in Kraków. As a result of the renegotiated agreement, the tenant will continue to lease almost 7,000 sqm in the Globalworth-managed complex.

Investment & finance

Poland Alma bought by Polish investor

schedule 22 July 2024
Opr./edited by ANZ

The Alma office building, located on ul. Marynarska in Warsaw, has changed hands. The 8,000 sqm building has been sold by the Astrea company. The purchaser is a private Polish investor.

Investment & finance

Poland First CEE mezzanine loan in for Invesco

schedule 19 July 2024
Opr./edited by ANZ

Europe Fund III SCSp Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III), the third European value-add strategy in succession for the firm.

Investment & finance

Romania EUR 110 mln acquisition for WDP

schedule 19 July 2024
Opr./edited by ANZ

WDP has acquired a portfolio in Romania comprising properties with a leasable area of app. 136,000 sqm and a large plot for a future development with a total potential of more than 300,000 sqm gla. The value of the transaction comes to app. EUR 110 mln.

Eurobuild CEE

Poland The summer issue of 'Eurobuild' hits the shelves!

schedule 19 July 2024
Eurobuild CEE

The summer (July-August) issue of 'Eurobuild' has now been published. The magazine is, as usual, full of interesting articles and expert analyses, and should help to further fuel the confidence of the entire real estate sector!

Public buildings

Poland Nova Marina for sailors in Gdynia

schedule 18 July 2024
Opr./edited by ANZ

In Gdynia, in the historic location of the South Pier and by the yacht harbour, Ghelamco, together with the Polish Yachting Association (PZŻ), will build a multifunctional building with a sailing centre.

ESG

Czech Republic BREEAM Outstanding for The Platform

schedule 18 July 2024
Opr./edited by ANZ

AEW has achieved the BREEAM New Construction ‘Outstanding’ rating with a score of 88.1 pct for its recently completed 36,400 sqm brownfield logistics development The Platform in Pilsen, Czech Republic. 

Warehouse & industrial

Romania VGP Park Bucharest North welcomes DHL Express

schedule 18 July 2024
Opr./edited by ANZ

DHL Express will open a new logistics centre in VGP Park Bucharest North, located in the immediate vicinity of Bucharest, in the town of Ștefănești. The new centre, with an area of 4,100 sqm, will be used for sorting and processing the shipments arriving by air.

Warehouse & industrial

Romania CTP completes first phase of CTPark Arad West

schedule 18 July 2024
Opr./edited by ANZ

CTP has delivered 23,000 sqm from CTPark Arad West project, with an additional 20,000 sqm ready for tenant fit-out. The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB, and provides state-of-the-art facilities for logistics and production activities.

Latest in Property and Facility Management

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.

schedule 29 November 2022

Inclusion, not charity

Colliers has joined forces with Hungarian-based accessibility certification company Access4you in the Czech Republic. The two companies will assist people with special needs and disabilities to integrate themselves better into daily business life regardless of the type of work environment.

schedule 31 October 2022

Central mall management for Multi

Following a tender, Allianz Real Estate has appointed Multi Corporation to be the property and asset manager for the Central shopping centre in Bratislava.

Edition 7 (290) July 2024

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