7R sells 7R Park Kraków IX building to Generali Real Estate
7R has finalized the divestment of 7R Park Kraków IX logistics building to Generali Real Estate. The 33,000 sqm warehouse, commissioned for use in the middle of the year,...
News
Group OTT acquires the Campanile Cannes hotel
Group OTT, family office of Jean-François Ott, announced the acquisition of the former Campanile Cannes Mandelieu. The 97-room hotel is located right next to the Cannes Mandelieu airport, specializing...
JYSK and VGP hold ground-breaking ceremony for Logistics Centre in Riga
The household product retail company JYSK with industrial real estate project developer VGP held a ground-breaking ceremony for one of the most modern and energy-efficient logistics centres in the...
108 AGENCY acquires BNP Paribas Real Estate in the Czech Republic
108 AGENCY announced it has purchased 100 percent of the shares of BNP Paribas Real Estate APM CR s.r.o., the Czech subsidiary of BNP Paribas Real Estate. 108 AGENCY...
Trei Opens its 29th Vendo Park in Poland
Trei Real Estate GmbH (“Trei”), an international developer and asset holder for residential and retail real estate, opened another retail park of its Vendo Park brand in Radzymin, Masovian...
GTC raises €123 million via new share issue
Subsequent to the shareholders’ decision in June 2021 to increase the company’s capital, GTC offered 55,000,000 O-series bearer shares. On the back of strong demand, the company eventually sold...
Small shopping centres and retail parks in CEE are growing in importance
Discount retailers predicted to find Central and Eastern Europe (CEE) market very attractive as evidence shows shoppers have favoured the ‘value for money’ approach these retailers provide – reveals...
Speedwell buys a 9-hectare land plot in Bucharest
Developer Speedwell announced signing a Promissory Sales Purchase Agreement for a 9-hectare plot of land in Bucharest, on Calea Grivitei. The company plans to use it for a major...
Globalworth achieves WELL health-safety rating for its Romania portfolio
Globalworth, a leading office investor in Central and Eastern Europe and the office market leader in Romania, has earned the WELL Health-Safety Rating for the entire portfolio of almost...
EBRD lends PLN 175 million to boost Poland’s wind power
The European Bank for Reconstruction and Development (EBRD) will lend PLN 175 million (€38.9 million equivalent) for the development, construction and operation of two wind farms in Poland with a total...
Czech Market Recovery Will Continue in 2022 says CBRE
Despite the severe impact on economic activity triggered by the Covid-19 pandemic, the European commercial real estate market is well-positioned for recovery, with investment volumes expected to return to...
PwC experts publish ESG standards and guidelines for the Real Estate Industry
The publication covers all ESG aspects of the real estate business on more than 600 pages/ Including politics and regulation, ESG in management, investment, financing and valuation, and sustainable...
