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The total volume of commercial real estate transactions in Slovakia in 2020 amounted to €502 million. This is an 27% decrease compared to the previous year, which is due to increased investor caution and, in part, a reduced appetite for retail assets due to uncertainty about the impact of the pandemic on their future developm...
On December 10th, ARETE Group and Cromwell European REIT signed a purchase agreement where ARETE Invest CEEII sells its overall portfolio for €113.2 million at net operating income yield of 6.7%. Transaction is expected to close in Q1 2021, allowing for the full fiscal year 2020 closing and smooth handover period.
Garbe Industrial Real Estate GmbH has appointed Martin Stratov as Business Development Director Czech Republic and Slovakia. He will be responsible for business development in both markets. The new team member is joining right after the company announced acquisition of land comprising 65,000 square metres in Chomutov .
European commercial real estate developer CTP has changed the structure of its finance department. The company is responding to the success of CTP B.V.’s debut green bonds issue and the shift towards bonds as a means of financing of the CTP Group. A new position of CTP Group Treasurer has therefore been created; the position ...
VGP NV and Allianz Real Estate, acting on behalf of several Allianz Group companies, announced two successful closings between VGP and two of their 50:50 joint ventures, VGP European Logistics and VGP European Logistics 2. The two transactions combined comprised of 19 logistic buildings, including 9 buildings in 5 new VGP par...
Ehlebracht, an international company with a production site in Michalovce, is moving to Košice. Their current hall capacity, used for components for automotive and kitchen appliances, is not sufficient. The production enlargement will bring 60 to 80 new jobs.
GLP has entered into an agreement to acquire Goodman Group’s Central and Eastern Europe logistics real estate portfolio, subject to regulatory approvals.
Real estate investment sector continues to benefit from strong inflows of capital and Slovakia is not an exception. The country is enjoying its momentum with a positive trend in investment volumes, number of deals and liquidity. Approximately €770 million was traded in 2019, with equal split between H1 and H2. The investment ...
Savills has appointed Christopher LaRue as Head of Industrial Agency for its Czech and Slovak operations as of 1st February 2020. He will be based in the Prague office. LaRue has 15 years of experience in the real estate and industrial sector, including more than ten years on the agency side and nearly five years in manufactu...
The ports of Rotterdam, Hamburg, Bremerhaven, Antwerp and Valencia, together with the inland ports of Duisburg and Nuremberg, offer investors highly attractive logistics investment opportunities as a result of the planned expansion of the Belt and Road Initiative (BRI). This insight is among the key findings of a new Real I.S...
GIC, Singapore's sovereign wealth fund, has signed a deal to buy a logistics real estate portfolio from funds managed by private-equity firm Apollo Global Management's affiliates for approx. €950 million. GIC said the deal would help scale up its P3 logistics platform. „As a long-term value investor, logistics continues to be...
MVGM closed the acquisition in Germany, Slovakia and Romania as part of its deal to acquire JLL’s European property management business and the alliance partnership in 10 European countries.
Savills has appointed Jan Jurčíček as head of its Building & Project Consultancy department, based in Prague. Jurčíček, who takes the reins from 1st October, will focus on delivering a range of services including technical due diligence, project management, project monitoring and fit-outs, and is tasked with growing the team ...
JLL has promoted Mateusz Polkowski to become Head of Research and Consulting for the Central and Eastern Europe region. At the same time, he will continue to lead a team analyzing the real estate market in Poland. Since his promotion, Mateusz Polkowski has been cooperating with JLL analysts in the Czech Republic, Slovakia, Ro...
On 1st of September JLL Slovakia appointed Rudolf Nemec MRICS as the new Head of Capital Markets. In his new role, Nemec will be responsible for building strong business relationships with existing and new clients active predominantly in Slovakia and CEE.
Mountpark has appointed Mario Sander as Managing Director, Central Europe with immediate effect. Sander will lead the developer’s operations in Poland, Czech Republic and Slovakia as well as developing new opportunities for customers in Germany and Austria.
Panattoni starts a new project in Slovakia. The almost 8-hectare industrial park with modern manufacturing and warehousing facilities is the first development project of Panattoni Europe in Slovakia. It will be located near Košice airport and has direct access to the D1 highway. The first company to lease premises was GGT, a ...