News

A consortium led by Strabag has started the construction of the first phase of Sekyra Group’s large scale Smíchov City urban development on a 40 ha plot in Prague.

Hotels

RUSSIA Raffles comes to Moscow

15 December 2020

Accor and Kievskaya Ploshchad Group have announced that they will be opening the Raffles Moscow hotel in H2 2022.

ROMANIA S Immo to buy Campus 6 second stage

Austrian-based real estate company S Immo is to acquire the Campus 6.2 and 6.3 office buildings in Bucharest from Skanska for an undisclosed sum.

POLAND AFI buys T-Mobile Office Park for EUR 100 mln

AFI Properties has signed an agreement to acquire T-Mobile Office Park in Warsaw for around EUR 100 mln.

Czech Republic Green light for Zbrojovka armoury redevelopment

A zoning plan has been issued for the former Zbrojovka armoury, which means that the development of a 22 ha site in Brno can now be completed.

Hungary Billingo Expanding in Árpád Center

Online invoicing company Billingo is expanding in the Árpád Center in Budapest and has signed a lease for 520 sqm.

Poland Diverse CG in Generation Park Z

IT company Diverse CG has relocated to a new office in Generation Park Z, where it has leased over 3,000 sqm of state-of-the-art office space.

Czech Republic Accolade refinances four parks

Corporate social responsibility

Česká Spořitelna bank has provided a refinancing loan to the Accolade Industrial Fund worth CZK 2 bln (app. EUR 76 mln) while Slovenská Sporiteľňa bank is helping the fund with its expansion in Slovakia.

EUROPE Panattoni employees clock up EUR 64,600 for UNICEF

Panattoni’s employees across Europe have raised EUR 64,600 for UNICEF by doing home and outdoor exercise.

CEE REGION Cromwell buys EUR 113.2 mln Czech-Slovak portfolio

Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.

ROMANIA GTS leases 1,200 sqm in Globalworth Plaza

11 December 2020

Property and Facility Management

Global Technical Systems has leased 1,200 sqm in Globalworth Plaza in Bucharest.

POLAND Globalworth takes over WTT management

11 December 2020

The Warsaw Trade Tower office skyscraper, one of the tallest skyscrapers in the Polish capital, is now being managed by its owner, Globalworth.

Poland TDJ to remove PGO from stock exchange

TDJ is to purchase the 30,157,629 outstanding shares in PGO for PLN 1.25 a share, which represents a 9.6 pct premium on the six-month average price.

Poland Second stage of Face2Face opens

Echo Investment has completed the second stage of its Face2Face Business Campus office complex in Katowice and Capgemini has moved into the new offices at ul. Żelazna 2.

Retail & leisure

Poland Rossmann and Pepco in Awangarda

Rossman and Pepco have joined the tenant mix in Galeria Awangarda in Bartoszyce near the border with Kaliningrad.

Poland Hebar leases 1,300 sqm from Italux

Fruit and nut distributor Hebar has leased over 1,300 sqm of warehouse and office space in a private business park owned by Italux just outside Warsaw.

POLAND P3 to build two Warsaw city logistics parks

P3 has bought plots for two city logistics park developments in the Warsaw area.

POLAND Koreans to use Panattoni Park Wrocław XI as European launch pad

South Korean air conditioning, ventilation and heating systems specialist Jinsung has leased more than 10,300 sqm in Panattoni Park Wrocław XI.

SERBIA Tehnomanija in CTPark Belgrade North