Zeus International buys three hotels in Bucharest
Zeus International Group has bought three hotels in Bucharest in a cross-border share deal from Alpha Real Estate Services (ARES), a member of Alpha Bank Group. The Greek company...
Author: Winston Norman
Warehouses becoming part of urban landscape
The development of e-commerce and the accelerating urbanisation process is translating into a growing stock of urban warehouses in Poland which currently stands at around 1.6 million sqm, with...
Modern industrial stock in Romania to reach 5.5 million sqm this year
The modern stock of industrial spaces in Romania has exceeded the threshold of 5 million sqm in 2020 and will reach about 5.5 million sqm this year, with over...
Portland Trust’s Coral Office Park becomes first Czech office park to achieve WELL Health-Safety Rating
Portland Trust announced that its Coral Office Park in Prague had earned a WELL Health-Safety Rating from the International WELL Building Institute (IWBI). Coral Office Park is the first...
Mountfield opens Slovakia’s largest store in Bratislava’s Shopping Palace
Mountfield, Europe’s largest specialised retailer of garden machinery, swimming pools and home and garden equipment, has chosen the Shopping Palace centre as the site of its new store in...
The Czech Republic has the highest amount of industrial space per capita in Central Europe
Cushman & Wakefield, a leading global real estate services firm, has analysed the trends in the industrial property sector in five Central European countries (Czech Republic, Hungary, Poland, Romania...
Avison Young expands in CEE with new offices in the Czech Republic and Bulgaria
Avison Young announced two new strategic affiliations that expand the firm’s service delivery to clients further across Central and Eastern Europe (CEE) with the addition of a newly established...
Immofinanz buys former BCR HQ in Bucharest
Immofinanz has acquired the former HQ of BCR in Bucharest for €36 million, both companies announced. The property will be modernized and transformed into a green myhive building, with...
Yareal completes sale of NEOPARK office complex
Yareal has sold both buildings that comprise the campus-like NEOPARK office complex located in Warsaw’s Służewiec district. Built three years ago, ownership of Yareal’s investment will be transferred to...
Elko Romania leases 1,800 sqm of warehouse within CTPark Bucharest
ELKO Romania, part of the international group Elko, has relocated its activity in CTPark Bucharest, where they leased a warehouse of 1,800 sqm. Elko, a company that specialised in...
Warsaw II Logistics Centre welcomes Omida Group
GLP, a leading investor and developer of logistics buildings and warehouses, announced its new Warsaw II Logistics Centre has received its occupancy permit and leased a 6,000 sqm unit...
Futureal raises €150 million in green bonds
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary’s (MNB) Bond Funding for Growth Scheme (BGS). The company received bids...
