Central Europe

A dynamic start to the year: HIH Invest has acquired a logistics property development in the Dutch town of Zwolle and a storage and manufacturing warehouse in Bremen on behalf of “HIH Deutschland+ Core Logistik Invest,” an open-ended special AIF.

Quadoro Investment GmbH, the AIFM of the open-ended mutual fund Quadoro Sustainable Real Estate Europe Private (Sustainable Europe), has acquired the Holiday Inn Express in Offenburg on behalf of the fund.

Kajima has strengthened its London-based Logistics team with a new senior hire. Tamara White has been appointed as Associate Portfolio Director to help spearhead the expansion of Kajima’s European logistics platform and grow the third-party asset management business.

IHG Hotels & Resorts and the Dutch Odyssey Group are bringing Vignette Collection to Germany. The hotel operator has signed the contracts with the JV of the two project developers Aixact and Derichs and Konertz (DaixKo) for the „Alte Post“ hotel development. The „Alte Post Vignette Collection“ hotel is scheduled to open in 20...

Regesta S.A., a provider of professional road haulage and domestic and international forwarding service, has signed a lease for 7,000 sqm of warehouse and office space in Panattoni Park Gdańsk West II for its first warehouse in northern Poland.

The Warsaw office market saw a shrinking volume of space under construction and increasing pressure on rents in 2022. However, according to the latest report by Cushman & Wakefield, the capital's market could see a significant tenant recovery as contracts signed in the record period of 2018-2019 come up for renewal.

Patron Capital in partnership with 7R have sold an approximately 30,000 sqm logistics asset in Goleniów to an undisclosed institutional investor for €22m.

Based on independent external appraisals, CA Immobilien Anlagen AG (CA Immo) expects a negative net property revaluation result of around €274 million for the fourth quarter of 2022 due to the changed market conditions. For the 2022 financial year, the negative net property revaluation result amounts to around €94 million (ar...

Aroundtown has achieved long-term leasing success at Sachsendamm in Berlin-Schöneberg with two new and well-known tenants. The new tenants are the Berlin Senate Department for Education, Youth and Family (SenBJF) and a software company for medical technology. Together, the two companies take up approximately 5,000 sqm of offi...

The Greenman Group announces its expansion into Poland with the acquisition of Newbridge Poland Sp. Zo.o., an asset manager and developer. The acquisition marks an important milestone in the Group’s growth as it sets its sights on further European expansion into grocery-anchored real estate investments.

The pan-European SCPI Log In opened for marketing last October and which reached a €50 million capitalization at the end of December 2022 has acquired its first three assets, two in Spain and one in Germany.

Panattoni Park Hamburg Nord changes hands fully leased: The logistics park in Kaltenkirchen goes to a joint venture of J.P. Morgan Asset Management and Cromwell Property Group. The seller is developer Kajima, which says it has acquired full ownership of the logistics park from Panattoni in 2021. The two companies have already...

Deutsche Rückversicherung and VöV Rückversicherung have commissioned Apleona Real Estate Management with the property management of 20 existing commercial and mixed-use properties throughout Germany. In the start-up phase that has just begun, the successive implementation of ESG and energy-saving measures in the managed portf...

Montano Real Estate was able to close the past financial year 2022 with a positive result thanks to an expansion of its business segments and transaction successes in all asset classes relevant to the company.

According to “Office Occupier: Office Market in Regions”, a report published by Newmark Polska, in 2022 Poland’s regional city markets overtook Warsaw in terms of total modern office stock. Their overall vacancy rate held firm amid moderate development activity.

According to CBRE, the investment market for office real estate outside the Top 7 locations achieved a transaction volume of €4.7 billion in 2022, evidencing that around one fifth of the entire German office investment volume was allocated to B locations and regional centers.

In 2022, the demand for offices in Warsaw exceeded 860,000 m². The highest activity of tenants was visible in the first and last quarter of the last year. Traditionally, most offices in Warsaw were contracted by companies from the financial sector, business services and the broadly defined IT industry. Office buildings locate...

Panattoni has purchased just under 35 hectares of land and is to start construction work as soon as February this year. Panattoni Park Poznań A2 is to have a build-out area of almost 150,000 m². The development is to be situated near a junction on the A2, where the motorway crosses the S11 expressway. One building with an are...