News

Investment & finance

HUNGARY Resolution acquires third Budapest office building

schedule 21 May 2021
Nathan North
managing editor (English section)

The BC 140 office building at Váci út 140 in central Budapest has been sold by German asset manager DWS to UK investor Resolution Property for an undisclosed sum.

Office & mixed-use development

CZECH REPUBLIC First office building for Contera in Ostrava

schedule 21 May 2021
Nathan North
managing editor (English section)

Czech industrial developer Contera has entered the office development market with the announcement that it is to build the Organica building in Ostrava.

Office & mixed-use development

HUNGARY Balance Hall fills up

schedule 21 May 2021
Nathan North
managing editor (English section)

Two new tenants have leased almost 4,000 sqm in the Balance Hall office building in Budapest, which is owned by CPI. The building, which was completed a year and a half ago, is now almost fully-leased.

Investment & finance

CZECH REPUBLIC RSBC buys Brno building from Generali

schedule 21 May 2021
Nathan North
managing editor (English section)

RSBC Group has bought the Millenium Center Hybešova 42 office building central Brno from Generali Investment CEE.

Retail & leisure

Vendo opens in four more towns

schedule 20 May 2021

Trei Real Estate G has just opened four new retail parks under the Vendo Park brand in Poland.

Office & mixed-use development

Poland High5ive topped

schedule 20 May 2021

The third building of the High5ive complex, which is being developed by Skanska in Kraków, has been topped off.

Office & mixed-use development

Czech Republic EUR 130 mln for Dock In the Park

schedule 20 May 2021

Pbb Deutsche Pfandbriefbank and Helaba have jointly underwritten a EUR 130 mln credit line to refinance the Dock In Office Park in Prague for Crestyl Group.

Office & mixed-use development

Bulgaria Knight Frank starts up in Interpred

schedule 20 May 2021

Knight Frank has opened an office in the World Trade Center Interpred building in Sofia.

Investment & finance

CENTRAL EUROPE Immofinanz publishes S Immo takeover offer

schedule 20 May 2021
Nathan North
managing editor (English section)

Immofinanz has published its takeover offer for rival Austrian real estate developer S Immo, with the offer price set at EUR 22.25 per share.

Warehouse & industrial

CENTRAL EUROPE First tenant for MLP in Berlin

schedule 20 May 2021
Opr./edited by NN

Polish industrial developer MLP Group has leased the first 2,900 sqm of its MLP Business Park Berlin-Ludwigsfelde – to US online food retailer AmericanFood4u.

Office & mixed-use development

POLAND Warsaw Unit ready for tenants

schedule 20 May 2021
Opr./edited by NN

Ghelamco has received the occupancy permit for its Warsaw Unit office development.

Hotels

Focus now in Elbląg

schedule 19 May 2021

Focus Hotels has opened an 85-room hotel in Elbląg.

Warehouse & industrial

High warehouse takeup

schedule 19 May 2021

Despite the Covid, warehouse take-up hit a record high of 1.6 million sqm, reveals an industrial market report for Q1 2021 published by Cushman & Wakefield.

Warehouse & industrial

BIK Park Wrocław grows

schedule 19 May 2021

Biuro Inwestycji Kapitałowych has begun work on the second stage of the BIK Park Wrocław logistics centre.

Eurobuild Awards

POLAND The Eurobuild Awards – third time lucky

schedule 19 May 2021
Eurobuild Conferences

As pandemic and its related restrictions have unfortunately twice forced us to postpone the event, a third date has now been set for the annual Eurobuild Awards 2020. With the gradual lifting of the restrictions and the acceleration of the vaccination programme, we have every confidence that this will be the final time we have to reschedule the ceremony, and so the winners can finally be announced at this most important event for the CEE real estate market.

Office & mixed-use development

POLAND 3M selects MidPoint71 for SSC

schedule 19 May 2021
Nathan North
managing editor (English section)

American multinational conglomerate 3M has leased around 12,300 sqm for its new head office and business service centre in the MidPoint71 office building in Wrocław, which is being developed by Echo Investment.

Construction

POLAND Skanska wins PLN 141 mln contract for Beiersdorf Poznań plant

schedule 19 May 2021
Opr./edited by NN

Skanska has been awarded a PLN 141 mln contract by Beiersdorf Manufacturing Poznań to expand and reconstruct a production facility in Poznań, Poland. The contract be included in Skanska’s order bookings for Europe for H2 2021.

Office & mixed-use development

POLAND Electronic Arts stays with Ambassador

schedule 19 May 2021
Opr./edited by NN

American computer games developer Electronic Arts has renewed its lease for 528 sqm on the tenth floor of the Ambassador Office Building in Warsaw’s Służewiec district, which is owned by Hines.

Office & mixed-use development

Poland Europcar in Greenwings

schedule 18 May 2021

Car rental company Europcar has leased space in GreenWings Offices.

Retail & leisure

Romania Immofinanz to renew VIVO! Baia Mare

schedule 18 May 2021

Immofinanz has announced that it will begin refurbishing the VIVO! Baia Mare shopping centre on 1st June.

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