News

Office & mixed-use development

HUNGARY Adria Port finds haven in ZenGarden

schedule 09 October 2020
Nathan North
managing editor (English section)

Adria Port Zrt has leased 400 sqm in ZenGarden (formerly Central Business Center) in Budapest for its new headquarters.

Investment & finance

EUROPE CPI launches takeover of Nova RE

schedule 09 October 2020
Nathan North
managing editor (English section)

Czech-based CPI Property Group has submitted a binding offer to participate in a capital increase of Italian real estate investment company Nova RE SIIQ.

Construction

Czech Republic Eurovia and Strabag awarded D55 construction project

schedule 08 October 2020
Opr./edited by AH

A consortium of Eurovia CS and Strabag has been awarded a contract to build an 8.4 km section of the D55 motorway from Babice to Staré Město in the Zlín region.

Warehouse & industrial

POLAND InPost takes up post in P3 Mszczonów

schedule 08 October 2020
Nathan North
managing editor (English section)

P3 has developed almost 17,300 sqm of warehouse and office space for InPost in P3 Mszczonów, 50 km southwest of central Warsaw.

Retail & leisure

Hungary Zara comes to Etele

schedule 08 October 2020
Opr./edited by AH

Inditex has signed leases for all its brands to open stores in Etele Plaza in Budapest.

Investment & finance

Europe Investment set to recover

schedule 08 October 2020
Opr./edited by AH

Investment activity in commercial property in Europe is expected to rebound to EUR 100 bln in Q4, following a robust recovery in large deals in Q3.

Warehouse & industrial

CEE region Logistics investment set to rise

schedule 08 October 2020
Opr./edited by AH

Industrial and logistics has become one of the most sought after assets across the region after offices and residential, according to the 'ExCEEding Borders: Industrial & Logistics Market in CEE-17' report published by Colliers International, CMS and Randstad.

Office & mixed-use development

Poland Becton Dickinson grows in Warsaw and Wrocław

schedule 07 October 2020
Opr./edited by AH

Medical device supplier Becton Dickinson has leased additional office space in the Business Garden complex in Wrocław and has also renewed its contract with the lease of yet more additional space in Poleczki Business Park in Warsaw.

Investment & finance

Czech Republic Financing for Futurama

schedule 07 October 2020
Opr./edited by AH

Pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly refinanced Futurama Business Park in Prague with a EUR 107.5 mln loan for Caerus Investment Management (Caerus IM) on behalf of a separate account client.

Investment & finance

POLAND NY court to hear appeal against CPI case dismissal

schedule 07 October 2020
Opr./edited by NN

Kingstown companies Investhold and Verali, who in April 2019 filed a lawsuit in the Southern District of New York against CPI Property Group, its majority shareholder Radovan Vítek and other accused parties, are appealing against the dismissal of the case.

Investment & finance

POLAND Kingstone IM enters Poland with Katowice purchase

schedule 07 October 2020
Opr./edited by NN

Munich-based Kingstone Investment Management has entered the Polish market with the acquisition of a site in Katowice.

Office & mixed-use development

CZECH REPUBLIC UniCredit stays smart in Filadelfie

schedule 06 October 2020
Nathan North
managing editor (English section)

UniCredit Bank has renewed its lease of 23,700 sqm in the Filadelfie office building in BB Centrum in Prague 4 until 2033.

Office & mixed-use development

Poland Makeover for North Gate

schedule 06 October 2020
Opr./edited by AH

The renovation and refurbishment of the North Gate office building on ul. Bonifraterska in Warsaw has been completed including the communal areas on all its floors.

Investment & finance

CZECH REPUBLIC IBC sold to Generali for EUR 70.3 mln

schedule 06 October 2020
Nathan North
managing editor (English section)

Mint Investments has announced that it has sold the International Business Center office building in Prague’s Karlín district to Generali Real Estate Core+ Fund for a reported CZK 1.9 bln (app. EUR 70.3 mln).

Warehouse & industrial

POLAND Panattoni starts third Ruda Śląska park

schedule 06 October 2020
Opr./edited by NN

Construction work has begun on Panattoni Park Ruda Śląska III in Upper Silesia, which will eventually comprise an area of 70,000 sqm.

Investment & finance

CTP issues bonds worth EUR 650 mln

schedule 06 October 2020

CTP issued green bonds worth EUR 650 mln on October 1st 2020 – the largest debut issue by a CEE real estate company.

Warehouse & industrial

ROMANIA Dacris leases 4,000 sqm from Logicor

schedule 06 October 2020
Opr./edited by NN

Romanian office supplies distributor Dacris has relocated and leased 4,000 sqm of new space in the Logicor București I logistics park in Mogoșoaia on Bucharest’s northwestern outskirts.

Warehouse & industrial

POLAND Bigger Maan in MLP Pruszków I

schedule 05 October 2020
Nathan North
managing editor (English section)

Cooker hood manufacturer and distributor Maan has renewed its lease at MLP Pruszków I and enlarged its premises there to more than 8,000 sqm.

Retail & leisure

Trei up to 19 Vendo parks with opening in Częstochowa

schedule 05 October 2020
Opr./edited by AH

Trei Real Estate is soon to open its 19th retail park under the Vendo Park brand in Poland.

Investment & finance

SLOVAKIA Tatra Banka selling Bratislava offices

schedule 05 October 2020
Opr./edited by NN

Tatra Banka has put up for sale one of the office buildings of its TatraCity complex near Bratislava city centre.

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