CEE REGION Experienced and out-of-the-box – Josef Malíř of SCF

Exclusive
Star Capital Finance (SCF) has been in the news again recently with the EUR 110 mln acquisition in a joint venture of a portfolio of six Polish retail parks. This followed the purchase of the Jantar shopping centre in Słupsk earlier this year and its entry into the Romanian market. In 2024, it made an even bigger splash with the EUR 285 mln deal for six Polish shopping centres – which was voted CEE Transaction of the Year at the Eurobuild Awards. So, we spoke to the CEO of the Prague-based investor, Josef Malíř, about SCF’s approach to the ever-changing retail sector.
Could you tell us a little about Star Capital Finance and SCF Investment Partners SICAV? That is, the main areas of your activity and the scale of your assets under management? Star Capital Finance (SCF) started as a financial services company assisting international property investors with loan arrangements in the CEE region (Czechia, Slovakia, Poland and the Balkans). Over the years, it has transformed into a full-scope wealth management company and personal investment firm with a focus on re
Already have an account? Log in
82% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
  • Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
  • Access to EurobuildCEE magazine edition online & flipbook version
  • Exclusive news, comments, articles and interviews with the most important market representatives and experts
  • Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
  • Eurojobs
  • Eurobuild FM

Latest news

Office & mixed-use development

Romania Bucharest office demand picks up

schedule 12 August 2026
Opr./edited by AH

Bucharest’s office market is gaining momentum, with occupier demand picking up as companies sign new leases and expand, while the supply of new space remains limited. Net take-up accounted for 73 pct of total leasing activity in H1 2026, up from 53 pct a year earlier, pointing to a shift in corporate strategies as businesses resume their growth and expansion plans.

Office & mixed-use development

Poland Vaillant Saunier Duval takes over 1,000 sqm in Novu

schedule 12 August 2026
Opr./edited by AH

Vaillant Saunier Duval, a leading provider of heating, ventilation and air-conditioning, is relocating its Warsaw headquarters to the Novu building at Al. Jerozolimskie 195A, where it has leased 1,111.52 sqm for its new office and training centre.

Construction

Poland Budimex begins earthworks on Poland's first nuclear power plant

schedule 12 August 2026
Opr./edited by AH

The construction of Poland’s first nuclear power plant has reached an important milestone. Bechtel, the project’s general contractor, is taking over management of the construction site from Polskie Elektrownie Jądrowe (PEJ). At the same time, Budimex, one of Poland’s largest construction companies, has begun the earthworks.

Retail & leisure

Poland Retail market revives

schedule 12 August 2026
Opr./edited by AH

In Q2 2026, Poland’s retail property market saw a clear upturn in new supply, with 134,500 sqm of space added. According to BNP Paribas Real Estate Poland, retail parks are the main driver of market growth, accounting for the largest share of both newly delivered space and projects under construction. The sector’s strength is also reflected in rising retail sales figures and the arrival of new international brands.

Retail & leisure

Poland Redkom builds in Kalisz

schedule 12 August 2026
Opr./edited by AH

Redkom Development has launched construction work on a retail park on Al. Wojska Polskiego in Kalisz.

Warehouse & industrial

POLAND MDC2 Park Ruda Śląska on its way

schedule 12 August 2026
Opr./edited by NN

MDC2 has launched its latest project – MDC2 Park Ruda Śląska, which will have a total area of 48,000 sqm, with a particular focus on production and logistics.

Office & mixed-use development

POLAND Royal Greenland moves into Wave

schedule 12 August 2026
Opr./edited by NN

Royal Greenland, an international company specialising in fishing and seafood processing, has opened a European shared services centre (ESSC) in the Wave building in Gdańsk's Oliwa district, which is owned by Skanska CDE. Colliers advised the tenant during the transaction process.

Warehouse & industrial

POLAND Manufacturer extends 45.5k lease in Sosnowiec

schedule 12 August 2026
Opr./edited by NN

A manufacturing and industrial sector company has extended its lease for app. 45,500 sqm at the Sosnowiec Distribution Centre. The landlord, CBRE Investment Management, was advised by Cushman & Wakefield during the transaction, while also being supported by Argon Legal.

Transit trends

POLAND Grospol chairs from Prologis Park Łódź

schedule 11 August 2026
Opr./edited by NN

Grospol, a Polish manufacturer of office chairs and armchairs, has leased over 6,400 sqm of warehouse space at Prologis Park Łódź. The new location will support its production facility in Brzeziny, taking over a significant portion of its warehousing and distribution processes.

Warehouse & industrial

POLAND Formade happy in MLP Pruszków II

schedule 11 August 2026
Opr./edited by NN

Formade, the owner of the Fabryka Form furniture and home fittings store chain, has renewed its lease at the MLP Pruszków II logistics park for another term. The company has been operating at the park since 2021. Triflow advised the tenant throughout the lease renegotiation process.

Warehouse & industrial

POLAND 7R acquires site near Nadarzyn for 60k project

schedule 10 August 2026
Opr./edited by NN

7R has acquired a 14 ha site in Stara Wieś near Nadarzyn (about 27 km southwest of central Warsaw) for the development of a 60,000 sqm warehousing and logistics park.

Infrastructure

POLAND EUR 54 bln worth of contracts to be awarded for Port Polska in 2026

schedule 10 August 2026
Opr./edited by NN

Contracts worth more than PLN 14 bln have already been awarded in announced tenders for the Port Polska air and transport hub development in central Poland, with another PLN 40 bln to be awarded by the end of the year.

Investment & finance

POLAND Capital flows back into Poland

schedule 10 August 2026
Opr./edited by NN

More than EUR 3 bln was invested in Polish commercial real estate in H1 2026, largely driven by the return of major institutional investors – according to BNP Paribas Real Estate Poland.

Property and Facility Management

POLAND Savills takes on TFI PZU retail portfolio

schedule 10 August 2026
Opr./edited by NN

Savills, which already manages an office portfolio in Poland for TFI PZU, has now also been appointed to manage three of the fund's retail assets.

Office & mixed-use development

POLAND Future Group in DL Tower Katowice

schedule 10 August 2026
Opr./edited by NN

Recruitment and HR sourcing specialist Future Group has become the latest office tenant of DL Tower Katowice.

Warehouse & industrial

HUNGARY Futureal launches energy storage systems for HelloParks

schedule 10 August 2026
Opr./edited by NN

New energy storage systems developed by Futureal Energy Partners have started operating at five HelloParks locations around Budapest – in Maglód, Fót and Páty.

Warehouse & industrial

ROMANIA Return to spec projects as warehouse demand picks up

schedule 10 August 2026
Opr./edited by NN

The demand for industrial and logistics space in Romania increased by 11 pct in H1 2026, prompting developers to return to speculative projects, according to the Romania Marketbeat Industrial Q2 2026 report just published by Cushman & Wakefield Echinox.

Public buildings

POLAND Budimex wins PLN 86 mln Białystok hospital contract

schedule 10 August 2026
Opr./edited by NN

Budimex has been awarded an PLN 86 mln gross contract for the construction of a new specialist outpatient clinic at the L. Zamenhof University Children’s Clinical Hospital in Białystok [Uniwersytecki Dziecięcy Szpital Kliniczny im. Ludwika Zamenhofa w Białymstoku] in its latest contract for the institution.

Office & mixed-use development

POLAND Warsaw office market picks up in Q2

schedule 07 August 2026
Opr./edited by NN

After a subdued start to the year, Warsaw’s office market gained significant momentum in Q2 2026, with tenant activity in H1 reaching 420,000 sqm, representing a 38 pct y-o-y increase – according to Axi Immo’s ‘Office Market in Warsaw H1 2026’ report.

Retail & leisure

POLAND TK Maxx to debut in Galeria Wiślanka

schedule 07 August 2026
Opr./edited by NN

TK Maxx is to open a 2,200 sqm store in Galeria Wiślanka in Żory, about 30 km southwest of Katowice in Silesia. This will be the British clothing chain’s only location in this region of Poland.

Latest in Exclusive

schedule 05 August 2026

The man from NASA

Czechia stands out as the CEE country with the largest volume of domestic capital invested across the region itself. Now, NASA Capital has entered Poland with a new investment fund for Polish investors – and it has just made its market debut with the acquisition of Jerozolimskie Business Park in Warsaw. And that’s why EurobuildCEE spoke to the man at the centre of the deal, Marc Safari, the chief operating officer of NASA Capital, about how the company plans to build its Polish portfolio from here.

schedule 24 July 2026

Strengthening our presence – Wolfgang Molnar of Erste Group Bank

At the beginning of this year, Erste Group, which was already very active in the real estate financing market in Poland and the CEE region, acquired a controlling stake in another significant lender – Santander Bank Polska. And it continues to make the headlines with a series of major deals. In our latest exclusive interview, we spoke to Wolfgang Molnar, the parent account manager for real estate finance and executive director of Erste Group Bank, about why he has such faith in our region’s real markets.

schedule 17 July 2026

Experienced and out-of-the-box – Josef Malíř of SCF

Star Capital Finance (SCF) has been in the news again recently with the EUR 110 mln acquisition in a joint venture of a portfolio of six Polish retail parks. This followed the purchase of the Jantar shopping centre in Słupsk earlier this year and its entry into the Romanian market. In 2024, it made an even bigger splash with the EUR 285 mln deal for six Polish shopping centres – which was voted CEE Transaction of the Year at the Eurobuild Awards. So, we spoke to the CEO of the Prague-based investor, Josef Malíř, about SCF’s approach to the ever-changing retail sector.

schedule 15 July 2026

The Bridge to future expansion – Kestutis Sasnauskas of Eastnine

Eastnine has just followed up its EUR 280 mln acquisition of the Warsaw Unit at the end of 2024 with the equally sensational EUR 300 mln transaction for The Bridge. Why is the Swedish company putting such faith in the Warsaw office market in such a big way? And what is it planning to do next? In our latest exclusive interview, EurobuildCEE asked the man behind the deal, Kestutis Sasnauskas, the CEO of Eastnine, for the answers...

schedule 09 July 2026

A most understanding partner – Philipp Schomberg of Kingstone RE

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.

schedule 06 July 2026

Quality investment – Sofia Granlund, the CEO of Stena Real Estate

Swedish property company Stena Real Estate has been active in Poland's main office markets for several years now, during which time it has acquired the High5Ive 1, 2 and 3 buildings in Kraków, Centrum Południe in Wrocław, and Studio B in Warsaw. Now it has added Studio A to its portfolio. So, we spoke to Sofia Granlund, the CEO of Stena Real Estate – and asked her why her company has taken such a shine to the Polish office scene.

schedule 03 July 2026

A statement deal – Tomasz Nowakowski of Lewandpol Group

A few weeks ago, Lewandpol Group hit the headlines with its EUR 107 mln acquisition of the 19,300 sqm Central Point office building in Warsaw city centre from Immobel, marking its entry into the office sector. Does this also mean that the company, which has previously built its reputation by developing solar farms, now intends to become a major player on the Polish commercial real estate scene? We asked Tomasz Nowakowski, the director of real estate at Lewandpol Group for the answers...

schedule 25 May 2026

Bringing people together

We take the opportunity to talk with Jacek Kostrzewski, the managing director of engineering consultancy Gleeds, to find out how his passion for sport drives his approach to business and how Gleeds views the current shape of the market.

schedule 08 May 2026

Laying the groundwork for success

Monting Development, a company set up by Danilo Djurović and Poland’s most famous footballer Robert Lewandowski, has hit the headlines recently (as well as our own front cover back in December), with the launch of a number of prominent residential projects in Warsaw and Gdańsk. Now, Jarosław Fiutowski has joined the developer as COO. So, in our latest exclusive interview, we spoke to him about what he will be bringing to the developer and what he hopes to achieve

schedule 15 April 2026

The French connection

With the opening of Data4’s second data centre in Jawczyce just outside Warsaw, we took the opportunity to catch up with Olivier Micheli, the president and CEO of Data4 to quiz him on his plans for Poland and the region.

schedule 14 April 2026

Compelling reasons to invest in Polish offices

French investor Arkéa REIM hit the headlines recently with its acquisition, through the SCPI Transitions Europe fund it manages, of the Brain Park A office building in Kraków. This followed the 2024 purchase of Lastadia Office in Szczecin by the fund. So, in our latest exclusive interview, we spoke to the company's CEO, Yann Videcoq, about why he feels so confident about these particular properties and the office markets in Poland’s regional cities.

schedule 23 February 2026

Our plans are ambitious

Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out about what the Polish warehouse developer plans for the German market?

schedule 18 February 2026

Our plans are ambitious

Recently, Martin Ohly was appointed to the newly created position of head of Germany at 7R, so what better opportunity could there be to find out about what the Polish warehouse developer plans for the German market?

schedule 17 February 2026

From Tallinn to Dubrovnik

Eleport is developing a fast-charging corridor along Amber Road. So, we spoke with Michał Małecki, the chief revenue officer at Eleport, about the project.

schedule 16 February 2026

Bringing something different to leadership

Following the announcement of Simon Durkin as the new CEO for ULI Europe, we caught up with him to find out what he envisions for the organisation.

schedule 09 February 2026

Understanding the building

Many commercial buildings today operate using technologies that generate unnecessary costs and increase energy-related risks. Instead of simple, ad-hoc upgrades, a tailored approach based on audits, data, and a real return on the investment is gaining importance. What does such an approach look like in practice? Piotr Miodek, the vice-president of the Kabar Group, tells us all about this.

schedule 05 February 2026

Hungary exit - the right decision

Following the sale of Millennium Tower I in Budapest, we took the opportunity to talk to CA Immo CEO, Keegan Viscius, to talk about the current sell-off in Hungary and CA Immo's further plans for the CEE

schedule 27 January 2026

BIM now mainstream

The year 2025 clearly demonstrated that BIM methodology and technology have already entered companies on a large scale. Aleksandra Zielazna-Pawlukiewicz, head of the BIM department at SRDK Studio, reveals her views on the development of this field in the near future.

schedule 16 January 2026

What is driving the spate of lease renewals

In recent quarters, a cautious attitude among tenants has become increasingly evident in the commercial real estate market. As Marek Ciunowicz, founder and CEO of Corees Polska, notes, changes in work patterns, rising operating costs, and limited space availability are forcing companies to consider offices in a different decision-making cycle than before the pandemic

schedule 19 December 2025

More than just opening doors

In our latest exclusive interview, Eurobuild speaks to Maciej Grabowski, the founder of Blue Bolt, which provides a mobile access platform for buildings, about how such systems have become more sophisticated over the years and why they now play a vital role in building management.

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