News

Technology

Echo recruits Aurelia for home sales

schedule 15 April 2020
Nathan North
managing editor

POLAND Echo Investment has launched a virtual customer assistant, Aurelia, for residential consultations.

Investment & finance

Aurec acquires PRS tower in Warsaw

schedule 14 April 2020
Nathan North
managing editor

POLAND Aurec Capital has completed the acquisition of the Puławska 186 project in Warsaw’s Mokotów district from Matexi Polska for more than PLN 100 mln.

Coronavirus

Landlords underwhelmed by emergency relief

schedule 14 April 2020
Nathan North
managing editor

CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.

Warehouse & industrial

Double the groceries for CTP in Brno

schedule 14 April 2020
Nathan North
managing editor

CZECH REPUBLIC Online grocer Rohlik.cz has leased an 8,000 sqm BTS warehouse and production facility at CTPark Brno Líšeň.

Coronavirus

Toyota prepares to reopen Polish plants

schedule 14 April 2020
Nathan North
managing editor

EUROPE Toyota Motor Corporation has announced the partial resumption of operations in its European manufacturing plants, which have been closed due to the coronavirus epidemic.

Office & mixed-use development

Okam buys Lindleya building for flex-offices

schedule 14 April 2020
Nathan North
managing editor

POLAND Okam Global Commercial has announced that it has bought an office building at ul. Lindleya 16 in central Warsaw.

Retail portfolio deals continue to grow

schedule 14 April 2020
Nathan North
managing editor

POLAND Portfolio transactions have been increasing on the Polish retail market, according to real estate advisory Cresa’s recent ‘Retail Occupier Economics 2019’ report.

Logistics the most attractive buy

schedule 14 April 2020
Nathan North
managing editor

CEE REGION The Covid-19 lockdown has increased consumer dependence on e-commerce and it is likely that the shift to online retailing from traditional shopping will now accelerate even further, according to Savills in Poland.

Office & mixed-use development

Aréna Business Campus A completed

schedule 11 April 2020
Nathan North
managing editor

HUNGARY Atenor has completed the development of building A of the Aréna Business Campus office complex in Budapest.

Warehouse & industrial

7R to show its craftsmanship

schedule 10 April 2020
Nathan North
managing editor

POLAND 7R has been commissioned to develop a BTS warehouse for Swedish craftsman tools producer Hultafors in Goleniów near Szczecin.

Investment & finance

Optima to take over GTC

schedule 09 April 2020
Nathan North
managing editor

CEE REGION The Optimum Ventures Private Equity Fund, which is owned by the National Bank of Hungary’s fund manager Optima, has announced that it has entered into a conditional share purchase agreement to acquire Lone Star's majority shareholding in Globe Trade Centre S.A.

Office & mixed-use development

Q1 on the Budapest office market

schedule 09 April 2020
Nathan North
managing editor

HUNGARY Two new office buildings were completed in Budapest in the first quarter of 2020, according to the Budapest Research Forum: BudaPart Gate and Budapest One (18,160 sqm and 27,400 sqm respectively, and both in the South Buda submarket).

Office & mixed-use development

New Work obtains new funds

schedule 09 April 2020
Nathan North
managing editor

CEE REGION Hungarian co-working operator New Work has secured new funding through a EUR 2.1 mln series B capital increase, which will be invested in accelerating the implementation of its 360° Workspace Solution strategy.

Office & mixed-use development

Big lease for Váci Greens

schedule 09 April 2020
Nathan North
managing editor

HUNGARY A major software developer has signed a pre-lease for 7,500 sqm in building E of Atenor’s Váci Greens business park in Budapest.

Warehouse & industrial

Strong Q1 for Panattoni

schedule 09 April 2020
Nathan North
managing editor

EUROPE/POLAND In the first quarter of the year, Panattoni signed leases for more than 425,000 sqm of industrial space – up 30 pct on the same period of 2019.

Human resources

CBRE Czech unveils new head of investment

schedule 08 April 2020
Nathan North
managing editor

CZECH REPUBLIC Katarína Brydone has been appointed head of investment properties of CBRE in the Czech Republic, effective from June 1st. She succeeds Chris Sheils, who has decided to leave the business following Clare Sheils’ promotion to managing director of CBRE Czech Republic.

Coronavirus

AFI Braşov now to open in the autumn

schedule 08 April 2020
Nathan North
managing editor

ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.

Office & mixed-use development

Moje Miejsce moves closer to completion

schedule 08 April 2020
Nathan North
managing editor

POLAND Advanced fit-out work is now taking place on the entire residential section of Echo Investment’s Moje Miejsce mixed-use development in Warsaw’s Dolny Mokotów district.

Immofinanz moves AGM to October

schedule 08 April 2020
Nathan North
managing editor

CENTRAL EUROPE Austrian-based real estate investor Immofinanz has decided to reschedule the 27th annual general meeting, originally planned for May 22nd, due to the Covid-19 pandemic.

Coronavirus

Aleja opening postponed

schedule 08 April 2020
Nathan North
managing editor

SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.

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