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The opening date for the first Niu lifestyle brand hotel is fixed. From 15 November 2017, globetrotters, business people, young and old can check into one of the 145 rooms at the new Niu Cobbles at the corner of Kruppstrasse and Friedrichstrasse. The Europa-Center Immobiliengruppe has developed office and commercial space on ...
A new tenant signed a lease agreement in the Equal Business Park in Cracow. Integer Group Services, a company based in Cracow, will lease a space of 3,100 sq m. Knight Frank’s branch in Cracow acted on behalf of Grupa Cavatina, the property owner, in the leasing process. Grupa Cavatina, the property owner, focuses on office r...
Capital Bay GmbH has acquired an office property of around 14,000 m² in total in Frankfurt Niederrad. The building dating from 1985 is part of the “vibrant office city” of Niederrad. The seller is an investment manager for alternative investments. The purchase price is in the low eight figures.
Legal advice was provided to ...
Skanska invests €46m in Nowy Targ, an office project located in Wroclaw. The seven-story building will have a total leasable area of about 22,000 square meters, with two levels below ground for parking lots. Nowy Targ will be located next to a square near the Old Town in Wroclaw. The office project will feature many green sol...
Multilogistyka has leased 1300 sq m of modern warehouse and office space in Segro Business Park Warsaw in Ozarow. Axi Immo has represented the tenant during the selection of property and negotiations of lease conditions. Segro Business Park Warsaw, Ozarow is located in the immediate vicinity of the A2 motorway (Warsaw – Pozna...
According to the latest CBRE analysis of the Czech Industrial & Logistics market, CBRE monitors a significant increase in end-user demand and resulting developer and construction activity in the still relatively unestablished location of Northwest Bohemia. Combined with already strong activity in West Bohemia, the region of W...
Pilot Tower, an office building formerly known as Alma Tower, was sold. Knight Frank advised UBM during the sale transaction. The new owner of the property is a company from the First Property Group.
Nissa is entering the Polish market by opening its debut 86-sqm store in Warsaw’s Arkadia shopping centre in the summer of 2017. Colliers International represented the tenant in lease negotiations. In addition, Nissa has expanded its global presence through distributors and agents in numerous countries in Europe and the Middl...
Echo Investment has been granted a permit for the construction of the first office building which is part of the Browary Warszawskie project in the quarter of Grzybowska, Wronia, Chłodna and Krochmalna streets. The name of the building ‘Offices at the Gate’ alludes to a nearby city square under the name of the Brewery Gate. A...
Selected German B, C and D locations offer higher potential yields on office investments than the seven German A cities with the same risk profile or a lower one. The locations investigated have higher net initial yields on average with lower volatility in rents and vacancy rates. While office employment is growing faster by ...
Patrizia Immobilien AG has signed a binding contract for the acquisition of a portfolio of three modern office properties in well-established locations in attractive office markets in Hamburg, Frankfurt am Main and Dortmund with transfer of ownership anticipated to occur in Q3 2017. The portfolio comprises three high-quality ...
Lars Heese MBA has been appointed Managing Director of Redevco Germany, effective 1 August 2017. He will succeed Arnd Leinemann who left the company at the end of February 2017. Heese’s career path, which started at Procon and WestInvest, has led him to Redevco for the second time already. He first joined the company as Senio...
Caerus Investment Management has today announced that together with, and on behalf of the same private separate account client for which it acquired Phase II and Phase I of the same business park (respectively in 2015 and just last month), that it has now advised and structured the off-market acquisition of Phase III of Futur...
TriGranit this year will start the construction of building H with the area of 10,000 m². This will be the eighth office building at Bonarka for Business (B4B), an office complex in Krakow. At the same time, Bonarka for Business launches its new Tenant Relationship Program to serve the needs of their tenants on a higher level.
The successor of Helaba managing board member Jürgen Fenk, who will leave the Board of Managing Directors by 30th September 2017, comes from the Aareal Bank: Christian Schmid (49) will be responsible for the business units of Real Estate Lending, Debt Capital Markets and Sales Management RE, Real Estate Management, Administra...
Goodman Group completed its second warehouse at the Pomeranian Logistics Centre (PLC) increasing capacity to 88,000 m². The second warehouse building at Pomeranian Logistics Centre, with a total area of 36,700 m², allows customers from the logistics industry to take advantage of the exceptional location next to Gdansk’s deepw...
AEW announces the launch of the City Office Germany fund with commitments of €118 million from a number of institutional investors. The fund is targeting total equity of up to €250 million, which will deliver an investment capacity of €500 million assuming a maximum loan to value of 50%. The fund strategy will focus on the ac...
A shop offering interior design products and home accessories of the home&you brand will occupy more than 300 sqm in Galeria Libero, which is being developed by Echo Investment. Home&you is owned by BBK S.A., the portfolio of which also includes the Essex and à Tab brands.
