ARTICLES IN Investment  TOPIC

News City of Prague breaks record in public investments
03
Apr
2024

City of Prague breaks record in public investments

by Property Forum
Construction work on a record number of public buildings is planned by the Czech capital city this year. In addition to the city, the state is also participating as an investor in more than a dozen projects in the field of transport infrastructure or public space. The total investment costs of individual projects are reaching almost CZK 50 billion (€1,97 billion).
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News Solida Capital acquires office building in Warsaw CBD
03
Apr
2024

Solida Capital acquires office building in Warsaw CBD

by Property Forum
Solida Capital Europe announced the acquisition of the Grójecka 5 office building in the centre of Warsaw, spanning approximately 11,500 gross leasable area. The price has not been disclosed.
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News EPP and Echo secure €145.2 million refinancing for Galeria Młociny
03
Apr
2024

EPP and Echo secure €145.2 million refinancing for Galeria Młociny

by Property Forum
EPP and Echo Investment have secured a loan of €145.2 million for the new financing of the Galeria Młociny shopping centre located in Warsaw. Erste Bank Group AG (Austria), Rand Merchant Bank, a division of FirstRand Bank Limited (Republic of South Africa) and Santander Bank Polska (Poland) acted as arrangers of the new credit facility, with Santander Bank Polska also acting as Facility Agent, Security Agent and Account Bank.
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News Hungary’s Wing completes €37 million bond issue
03
Apr
2024

Hungary’s Wing completes €37 million bond issue

by Property Forum
Hungarian property developer and investor Wing has completed a €37 million bond issue. With an aggregate principal amount of €37 million, the bonds have a maturity of 3 years and a fixed interest rate of 8.90 per cent. The company has accepted all offers received, intending to use the funds raised from the successful issue to pursue new investment opportunities and launch new real estate development projects.
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News WDP buys retail park near Bucharest
01
Apr
2024

WDP buys retail park near Bucharest

by Property Forum
Industrial developer WDP has purchased wholesale retail park Expo Market Doraly from ARA Europe and Romanian investor Gheorghe Iaciu for an undisclosed sum.
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News Indotek Group buys shopping centre in Budapest
27
Mar
2024

Indotek Group buys shopping centre in Budapest

by Property Forum
Hungarian real estate developer and investor Indotek Group has closed the purchase of a downtown shopping centre in Budapest, online business site Portfolio reports, citing Cushman & Wakefield, the main assistant of the deal.
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News Prague municipality approves purchase of new building
25
Mar
2024

Prague municipality approves purchase of new building

by Property Forum
The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.
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News Panattoni sells industrial park in Wrocław
25
Mar
2024

Panattoni sells industrial park in Wrocław

by Property Forum
Panattoni has finalised the sale of a centre in Lower Silesia. An international real estate company has purchased Panattoni Park Wrocław West Gate with a total area of 46,900 sqm. The price has not been revealed. 
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News Savills expands operational Capital Markets Division in Poland
25
Mar
2024

Savills expands operational Capital Markets Division in Poland

by Property Forum
On 1 March 2024, Savills expanded its Operational Capital Markets (OCM) division in Poland to provide advisory services for property investors, developers and operators across all operational real estate sectors.
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News Natland invests in new district in Kladno
22
Mar
2024

Natland invests in new district in Kladno

by Maria Novakova
The investment group Natland has become the owner of land near the newly reconstructed main railway station in the city and at the same time also the owner of the Stromovka Kladno development project.
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Latest news


New leases

  • Adara, a distributor of cosmetic ingredients of the German manufacturer Evonik, has decided to move into Oxygen Park. The company has leased 366 sqm of office space located at the 4th floor of Building A in the Warsaw complex owned by Golden Star Group.
  • Fashion retailer Primark will open a new store spanning 3,700 sqm in VIVO! Shopping Centre, Cluj-Napoca, in 2025. At present, the retailer has two stores in Bucharest and will open a new one in Timișoara later this year.
  • Logistics operator Just in Time Logistic has leased around 300 sqm in the DL Tower multifunctional building in Katowice (SIlesia, Poland).

New appointments

  • Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.

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