Coffee with Craig Show – daily CRE news covering the CEE region, Monday, June 6 with Winston Norman, Editor and Chief of EuropaProperty.com.
Centerscape Investments closes retail parks portfolio acquisition from Hunter
Centerscape has now closed a portfolio transaction from Hunter REIM by acquiring the last property constituting the portfolio – a retail park in Torun. Avison Young represented the seller in the transaction.
In December 2021, Centerscape Investments acquired from Hunter REIM two retail parks located in Warsaw and Inowroclaw, offering ca. 4,550 sqm of leasable space, both assets having Netto chain as the grocery anchor operator.
“This type of investment product is currently one of the most sought-after on the market, evolving dynamically since 2020,” comments Artur Czuba, Associate Director at Avison Young.
Mogotel to enter the Hungarian market
Riga-based hotel operator Mogotel announced its debut in Hungary via LinkedIn. With the cooperation of Accor and the financial support of state-owned development finance institution ALTUM, Mogotel is bringing Novotel Budapest Centrum into its hotel family.
Novotel Budapest Centrum is a 4-star and 227-room hotel, offering well-equipped rooms in a historical building. In addition, the hotel will have a restaurant, bar, as well as conference and wellness facilities. The opening is planned for summer 2022.
This is not the first signing in CEE this year for Latvia’s largest hotel operator. Mogotel announced that it has signed an agreement with Wyndham Hotels & Resorts in March. Under the agreement, the five-star Wyndham Wroclaw Old Town Hotel in Wroclaw, Poland became the country’s first Wyndham-branded hotel.
GLP leases 22,000 sqm at Sziget Logistics Centre to Alza
GLP has signed a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse at Sziget Logistics Centre in Hungary. Construction is already in progress, and the building is due to be finalised in Q3 2022.
The company will use the new multifunctional facility to further improve its distribution and fulfilment services. The Czech e-commerce player has already partnered with the developer in GLP Park Bratislava, Slovakia and recently in GLP Park Prague Chrastany, Czech Republic.
Csaba Takács, Operations Manager of Alza.hu, commented: “Hungary is an important and dynamically growing market for Alza. To further improve our services, especially deliveries, it was essential to get closer to our customers.”
István Kerekes, Country Manager of GLP Hungary, commented: “Our mutual knowledge of each other’s businesses ensured positive negotiations and the completion of the project.”
SKYSAWA receives outstanding BREEAM certification
The lower part of the SKYSAWA office building in Warsaw has received the final BREEAM certificate at the highest possible Outstanding level with a record-high result of 94.1 percent. According to the building’s developer Polski Holding Nieruchomości, this is currently the highest rating in the BREEAM New Construction 2016 version in Poland.
SKYSAWA is the flagship investment of Polski Holding Nieruchomości. At the end of January this year the entire complex was leased by PKO Bank Polski.
“From the beginning, our investment was carried out in accordance with the highest ecological standards and we managed to maintain this principle until obtaining an occupancy permit. We used certified materials during construction. In order to reduce the carbon footprint, we tried to use local products as often as possible,” said Marcin Mazurek, President of the Management Board of Polski Holding Nieruchomości.
“We, as the construction industry, implement this by creating sustainable buildings, and the BREEAM certification result of the SAWA building is a great example of this,” commented Natalia Kwiecińska, senior sustainability advisor at Gleeds Polska.
