News

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

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.

Warehouse & industrial

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.

Warehouse & industrial

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

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.

AFI Braşov now to open in the autumn

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

Moje Miejsce moves closer to completion

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

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.

Aleja opening postponed

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

Ups and downs for Budimex

07 April 2020

Opr./edited by AKL

POLAND Budimex’s net revenue from the sales of products and materials amounted to slightly more than PLN 6.9 bln in 2019.