Join Craig Smith and Winston Norman on the Coffee with Craig Show for your daily dose of CRE news in the CEE region, brought to you by EuropaProperty.com.
Wing completes mixed-use project in Budapest
Property investment group Wing has fully completed the Liberty mixed-use project in Budapest after delivering 20,000 sqm of offices in the second phase.
The project is powered fully by renewable energy and has a near-zero energy demand.
“The completed office building offers excellent opportunities for potential tenants to move into a people-oriented complex with a variety of services and green solutions, in line with modern real estate trends,” said Noah Steinberg, CEO and Chairman of Wing.
JTH opens retail park in Lovosice
JTH Group has opened a new retail park and Kaufland store in Lovosice in the Czech Republic.
Construction work started in November 2023 and the retail park was opened at the end of July. The Kaufland store offers a sales area of about 3,000 sqm, with an additional areas leased to pharmacy, newsagent, flower shop, refreshments and an ATM.
The adjacent retail park with a sales area of around 2,000 sqm completes the offer with units of Kik, Rossmann and Akvazoo.
Chestertons Global Expands in Romania
Chestertons Global has announced a new partnership with Romanian real estate agency Top Estate Team. This marks a significant step in Chestertons Global’s expansion into Romania, with Top Estate Team rebranding three of its offices under a dual brand.
Top Estate Team, founded in 2018, has quickly become a major player in Romania’s property market, handling over 2,000 property transactions with a team of more than 50 professionals.
Cristian Angheloiu, CEO of Top Estate Team, expressed excitement about the partnership, saying it will enhance client services and operational efficiency. Mohamed Mussa, Executive Director of Chestertons Global, and Parikshat Chawla, Director of Global Operations, also highlighted the benefits of combining both companies’ strengths to offer exceptional services and growth opportunities in Romania’s dynamic real estate market.
