News

Investment & finance

Germany Griffin and Madison sell German asset

schedule 15 May 2023
Opr./edited by ANZ

International Industrial Properties, the logistics platform owned by Madison International Realty and Griffin Capital Partners, has sold a single-lease logistics property in Germany. This is the company's second transaction in Germany, the first having been completed in June last year.

Warehouse & industrial

Romania DB Schenker moves to Brașov

schedule 15 May 2023
Opr./edited by ANZ

DB Schenker has leased 8,500 sqm at VGP Park Brașov. VGP provides the logistics company with 7,000 sqm of warehouse space and 1,500 sqm of cross-dock space with a dozen truck stands.

Investment & finance

CEE Region CEE investment volumes on the slide

schedule 12 May 2023
Opr./edited by JC

The 2023 real estate investment volume across the CEE-6 region could reach EUR 5-6 bln, suggests Colliers in its latest 'Q1 2023 Investment Scene' report, significantly down from the estimated EUR 10.7 bln transacted in 2022.

Warehouse & industrial

POLAND Traht swims into Pallag 43

schedule 11 May 2023
Opr./edited by NN

London-based asset manager M7 Real Estate has agreed a new lease with local autoclave steriliser manufacturer Traht Innovations for 6,500 sqm at the Pallag 43 warehouse in Budapest’s northern outskirts.

Office & mixed-use development

POLAND Mindspace now to be found in Skyliner

schedule 11 May 2023
Opr./edited by NN

Global flex office provider Mindspace has officially opened its second Warsaw location in the Skyliner building at Rondo Daszyńskiego. The new centre has an area of 4,400 sqm and comprises private offices, common areas and boutique conference rooms.

Corporate social responsibility

POLAND Panattoni sticks to the fairway

schedule 11 May 2023

Panattoni has extended its sponsorship agreement with Poland’s premier golfer, Adrian Meronk. In the first year of Panattoni’s sponsorship, Meronk achieved his highest-ever ranking and also took part in the world’s most prestigious tournament – The US Masters in Georgia. He now has a good chance of representing Europe during the prestigious Ryder Cup.

Warehouse & industrial

POLAND BEGA bigger in MLP Poznań West

schedule 11 May 2023
Opr./edited by NN

BEGA Logistik Polska, part of German self-assembly furniture wholesaler BEGA Gruppe, has leased another warehouse, of app. 6,500 sqm, in MLP Poznań West logistics park.

Office & mixed-use development

POLAND Langowski added to Łużycka Plus

schedule 11 May 2023
Opr./edited by NN

Polish logistics services provider Langowski Logistics has moved its head office to Łużycka Plus in Gdynia, where it leased almost 1,330 sqm of office space.

Investment & finance

CENTRAL EUROPE Wing and Griffin complete Bauwert takeover

schedule 10 May 2023
Nathan North
deputy editor

Hungarian real estate group Wing together with Warsaw-based private equity manager Griffin Capital Partners have completed the acquisition of a 60 pct stake in German developer Bauwert.

Retail & leisure

ROMANIA Carrefour adds Cora Romania to portfolio

schedule 10 May 2023
Opr./edited by NN

French grocery operator Carrefour has signed an agreement with Belgian retail group Louis Delhaize for the acquisition of its activities in Romania, which includes ten Cora hypermarkets and eight Cora Urban stores, as well as an e-commerce platform, logistics and central services.

Green projects

POLAND KGAL invests more in Polish green energy

schedule 10 May 2023
Nathan North
deputy editor

German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.

Office & mixed-use development

POLAND Record lease for Centrum Południe

schedule 10 May 2023
Nathan North
deputy editor

American bank BNY Mellon has signed a ten-year lease agreement for all the office space – app. 20,300 sqm – in the second phase of the Centrum Południe office complex, which has been developed by Skanska in Wrocław.

Investment & finance

Lithuania Let's go to the movies

schedule 09 May 2023
Opr./edited by ANZ

Reverest Fund Management has purchased the Forum Cinemas Vingis cinema complex in Vilnius in a leaseback transaction. The previous owner, the cinema operator, will continue operations under a long-term lease agreement.

Warehouse & industrial

Hungary Panattoni’s newest project in Gyál

schedule 09 May 2023
Opr./edited by ANZ

Panattoni begins the construction of a 64,000 sqm single-building warehouse complex in Gyál. The works will start this year, with a planned handover in the last quarter of 2024.

Office & mixed-use development

Poland Skyliner welcomes new tenants

schedule 09 May 2023
Opr./edited by ANZ

Warsaw's Skyliner office building is gaining more tenants. Noble Securities, Werfen Polska and Greenville will find new premises in the building, with their offices taking up a total of more than 1,300 sqm of space.

Office & mixed-use development

Czech Republic Prague metro dictates rents

schedule 09 May 2023
Opr./edited by ANZ

Colliers has prepared a price map for office space in Prague, which shows that the highest rents are found close to such centrally located metro stations as Muzeum or Náměstí Republiky, while the lowest are found outside the centre, closer to stations such as Petřiny or Náměstí Míru.

Warehouse & industrial

Germany Garbe's new project let way before completion

schedule 09 May 2023
Opr./edited by ANZ

Garbe has fully leased a logistics centre currently under development in Bavaria to a well-known car manufacturer in the largest deal on the German market so far this year. The 82,000 sqm project is scheduled for completion in Q2 2024.

Office & mixed-use development

Poland Tate & Lyle says Hi Piotrkowska

schedule 08 May 2023
Opr./edited by JC

Tate & Lyle is to move its local office to the Hi Piotrkowska building in Łódź. The company will occupy the entire 5th floor of the building, or about 1,700 sqm of office space.

Warehouse & industrial

SLOVAKIA ViaPharma flies into Panattoni Košice Airport

schedule 08 May 2023
Opr./edited by NN

Medicines and medical devices distributor ViaPharma SK is to move into a newly completed. 7,600 sqm building in Panattoni Park Košice Airport.

Warehouse & industrial

ROMANIA Tmax triples up in CTPark Sibiu

schedule 08 May 2023
Opr./edited by NN

German sound and thermal foil insulation systems manufacturer Tmax Group has tripled the size of its production facility in CTPark Sibiu in Transylvania.

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