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Office & mixed-use development

ROMANIA Kromberg & Schubert leases 2,000 sqm in Vox Technology Park

schedule 12 January 2021
Nathan North
deputy editor

German wire harness supplier for the automotive industry Kromberg & Schubert has leased 2,000 sqm of office space in Vox Technology Park in Timișoara.

Warehouse & industrial

POLAND Panattoni smashes Polish leasing record in 2020

schedule 12 January 2021
Nathan North
deputy editor

Panattoni signed lease agreements for more than 2.1 mln sqm of warehousing space in 2020 – 800,000 sqm above the figure for the previous year.

Investment & finance

CENTRAL EUROPE Starwood poised to launch CA Immo takeover bid

schedule 11 January 2021
Nathan North
deputy editor

US financial investor Starwood intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds not yet held by the company.

Infrastructure

HUNGARY Strabag consortium wins EUR 246 mln M6 contract

schedule 11 January 2021
Nathan North
deputy editor

A consortium led by the Hungarian subsidiary of Strabag has been awarded a HUF 90.45 bln (EUR 245.58 mln) contract to complete the M6 motorway to the Croatian border.

Office & mixed-use development

Diligent comes to Budapest

schedule 10 January 2021
Opr./edited by AH

IT company Diligent Corporation is to open its Center for Global Product Innovation in Horizon Development’s Szervita Square Building in Budapest.

Investment & finance

Ronson buys Warsaw land

schedule 10 January 2021
Opr./edited by AH

Ronson Development signed has acquired 2,715 sqm on ul. Studzienna in Warsaw for PLN 13.5 mln net.

Residential

Poland UDI starts work in Warsaw

schedule 10 January 2021
Opr./edited by AH

Czech developer UDI has started the construction phase of its first residential development in Warsaw.

Investment & finance

Avison Young teams up with Limehouse to enter Hungary

schedule 09 January 2021
Opr./edited by AH

Avison Young has announced a strategic affiliation with real estate advisory and asset management group Limehouse, which will now run its advisory services in Hungary under the Avison Young brand.

Warehouse & industrial

Slovakia Arete snaps up Hengstler production plant

schedule 09 January 2021
Opr./edited by AH

The Arete group has purchased a production plant with an R&D centre for EUR 10 mln in Kežmarok, Slovakia for its third investment fund.

Residential

Latvia Merks plans Riga estate

schedule 07 January 2021
Opr./edited by AH

Merks has started the construction of its Merks Mežpilsēta residential project at Hipokrāta street 24 in Riga.

Warehouse & industrial

ConvergenCE ready to build M7 Tárnok

schedule 07 January 2021
Opr./edited by AH

ConvergenCE has announced that it is ready to start construction work on it M7 Tárnok warehouse centre, which is to comprise 8,000 sqm just southwest of Budapest.

Warehouse & industrial

Poland OTCF comes to Czeladź

schedule 07 January 2021
Opr./edited by AH

Panattoni is soon to complete the first stage of construction work on a distribution warehouse for sports clothing manufacturer and retailer OTCF.

Architecture and urban planning

Poland Warsaw commemorates two 19th century brewers

schedule 06 January 2021
Opr./edited by AH

A new street has been created in Warsaw within Echo Investment's Browary Warszawskie project in Warsaw.

Office & mixed-use development

CZECH REPUBLIC Brose chooses Nová Karolina Park

schedule 05 January 2021
Nathan North
deputy editor

The Czech subsidiary of German automotive parts supplier Brose has leased 1,700 sqm of office space in the Nová Karolina Park building in Ostrava.

Residential

Poland Scandinawia grows bigger in Warsaw

schedule 05 January 2021
Opr./edited by AH

Skanska is building the third and fourth apartment buildings of the Park Skandynawia estate on ul. Optyków in Warsaw.

Retail & leisure

POLAND Carrefour stays in Ogrody

schedule 05 January 2021
Nathan North
deputy editor

Carrefour has extended its lease in the Ogrody shopping centre in Elbląg for another five years.

Retail & leisure

SERBIA Ikea set to begin EUR 50 mln Belgrade retail park

schedule 04 January 2021
Nathan North
deputy editor

Ikea has announced that it is ready to start the construction of the Ava Shopping Park in Belgrade.

Investment & finance

POLAND Yareal sells two Lixa buildings to Koreans for EUR 82.2 mln

schedule 04 January 2021
Nathan North
deputy editor

Yareal has finalised the sale of the first phase the Lixa office complex in central Warsaw for EUR 82.2 mln to Hana Investment, a South Korean consortium represented by Commerz Real.

Hotels

SEE REGION Arena Hospitality poised to buy Belgrade hotel

schedule 31 December 2020
Opr./edited by NN

Arena Hospitality Group has been loaned HRK 32 mln (EUR 4.2m) by Serbian bank AIK Banka for the Croatian hotel group to acquire the 88 Rooms hotel in Belgrade.

Investment & finance

CEE REGION GTC coping with portfolio value slide

schedule 31 December 2020
Opr./edited by NN

The value of Globe Trade Centre’s real estate portfolio is expected by the group to have decreased by app. EUR 74 mln in the three-month period ending December 31st, 2020 – a decline of 3.4 pct on the appraised value of EUR 2.161 bln at the end of September.

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