News

POLAND Panattoni’s 60,000 sqm logistics project for Amazon in Okmiany near Bolesławiec has a received BREEAM ‘Very Good’ certificate.

Jysk goes ahead with EUR 200 mln distribution centre

HUNGARY Danish household goods and furnishings chain Jysk is due to begin the construction of a new distribution centre in Ecser, close to Budapest’s Liszt International Airport on the city’s south-eastern outskirts.

Investment & finance

Penta sells D48 offices to IAD

POLAND Penta Real Estate has sold the D48 office building in Warsaw’s Służewiec business district to fellow Slovak company IAD Investments for an undisclosed sum.

Technology

Echo recruits Aurelia for home sales

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

Investment & finance

Aurec acquires PRS tower in Warsaw

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

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.

Double the groceries for CTP in Brno

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

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.

Okam buys Lindleya building for flex-offices

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

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

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.

Aréna Business Campus A completed

11 April 2020

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

7R to show its craftsmanship

10 April 2020

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

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.

Q1 on the Budapest office market

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).

New Work obtains new funds

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.

Big lease for Váci Greens

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.

Strong Q1 for Panattoni

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

08 April 2020

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

08 April 2020