Coffee with Craig Show – daily CRE news covering the CEE region, with Craig Smith, Founder and Publisher of EuropaProperty.com and Winston Norman, Editor and Chief of EuropaProperty.com.
HqO further scales people-centric product portfolio and continues expansion
Real estate experience platform HqO announced its strategic acquisition of Symbiosy, a workspace technology created by HB Reavis, which offers a portfolio of smart building solutions consisting of systems integrations and software interfaces.
This acquisition further propels HqO’s growing occupier business and expands its geographical footprint, especially in European business hubs, including London, Berlin, and Warsaw.
“Adding Symbiosy to the HqO family is the perfect fit with our vision to put people and their experiences of space at the centre of the real estate industry,” said Chase Garbarino, Co-Founder and CEO at HqO.
“During HB Reavis’ 30 years of experience in real estate, our people-centric approach focused on well-being has proven to generate the most value for real estate businesses and people,” said Marcel Sedlak, CEO of HB Reavis.
iO Partners welcomes Charles Boudet as CEO
iO Partners announced the appointment of Charles Boudet as CEO. With this appointment, iO Partners wishes to further accelerate growth and contribute to the transformation of the real estate sector. Charles’ tech savviness and people orientation align perfectly with iO Partners’ vision of leveraging innovation to excel in the consultancy landscape.
Michael Stanton, Founder of iO Partners, declared: “Attracting a leader of Charles’s calibre speaks volumes about the future trajectory of our company. It’s a testament to the confidence in iO Partners, but also an acknowledgement of the opportunities that await.”
PKB Inwest Budowa sums up development process and plans
Retail park developer PKB Inwest Budowa delivered five projects with a total area of around 28,500 sqm GLA last year in Poland. The new facilities joined the company’s extensive portfolio of 32 completed projects, some of which are still in the company’s portfolio and others have been sold to external partners.
“Our experience in the industry allows us to both expand our portfolio and implement projects for our external partners, for whom we carry out the entire investment process – starting from the selection of the location, through developing the concept of the facility, purchasing land, architectural design, obtaining the necessary permits, commercialization, construction, until the facility is put into operation,” says Jacek Ostwald, general partner of PKB Inwest Budowa.
“In line with our long-term strategy, we plan to deliver around 30,000 sqm to the market every year and develop 4 to 6 new retail parks,” says Ostwald.
Fiege to deliver Nexen Tyres from Czech Republic to car manufacturers across Europe
CTP has leased 18,000 sqm to Fiege, a provider of logistics and transport services in Europe, at a new 71,000 sqm industrial and logistics building which is currently under development at CTPark Žatec in the Czech Republic.
This will be Fiege’s third location with CTP, following existing leases in Poland and the Czech Republic, and brings their total occupation across CTParks to 59,000 sqm. From April 2024, the new regional distribution centre at CTPark Žatec will be used to store tyres from Nexen Tire Europe and supply them to automotive manufacturing plants across Europe.
“This project is a key step in our strategy to strengthen our logistics operations in Europe and is a direct response to the growing trend of nearshoring, where companies are bringing production closer to their main markets,” explained David Peterka, Head of Business Development at Fiege.