Coffee with Craig Show – daily CRE news covering the CEE region, Monday, July 4 with Winston Norman, Editor and Chief of EuropaProperty.com.
Warimpex sells B52 office in Budapest
Warimpex has sold the B52 Office in Budapest to Semmelweis University. The contracting parties have agreed on a purchase price of €12.575 million for the fully occupied office building with a total area of more than 5,200 sqm. The transaction was completed on 29 June 2022.
B52 Office, a class A office building in the centre of the Pest side of Budapest, was acquired by Warimpex in 2018 and has been generating stable cash flows ever since. The property is let out on a long-term basis, and Warimpex achieved full occupancy in 2021.
“B52 Office has developed very well since 2018 and is fully let out on a long-term basis. Now is the best time to sell this office building,” commented Warimpex CEO Franz Jurkowitsch on the successful transaction.
Propco to build BTS for DPD Polska
Propco, a developer focused on small warehouse facilities, has finalised a property development deal for DPD Polska Sp. z o.o. The BTS facility will be built in Boleslawiec, and will provide a total of 2,500 sqm of cross-dock space. It is the first project carried out for DPD Polska as part of a development programme of regional small-format last-mile logistics facilities. Construction of the facility has already begun, while the space is scheduled to be handed over to the tenant for use at the turn of 2022/2023.
“Throughout Poland, we see strong demand for last-mile warehouse space. Customers who are increasingly willing to shop online expect both online shops and logistics operators to have an efficient delivery chain, enabling them to receive shipments the same or the next day after ordering,” said Piotr Klank, Managing Partner of Propco.
MIRO obtains BREEAM Excellent certification
MIRO, an office building developed by SPEEDWELL in northern Bucharest, has received a BREEAM Excellent certification. This is the result of an assessment of its environmental, social, and economic sustainability performance.
MIRO is an A-class office project located in the northern part of Bucharest, that has been delivered at the end of last year
This comes as an addition to the already existing WELL Platinum certification obtained last year by MIRO.
“Implementing health, well-being & safety principles in our projects has already become a practice. Building projects compliant with high standards is one of our focuses, and sustainability has always been an essential part of everything we build,” said Didier Balcaen, CEO and Co-Founder at SPEEDWELL
MIRO offers a total of 23,000 sqm of A-class office spaces.
