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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 ...
Colliers International has appointed Richard Urvay as the new Managing Director for Slovakia. He starts his new position on the 1st September with Ermanno Boeris stepping down as current Managing Partner of Colliers Slovakia at the end of September.
Caerus IM as asset manager of Cubus Office Centre in Bratislava has directly negotiated the retention of international anchor tenant Dell, for over 20,000 m², in what is the largest office leasing transaction in Slovakia, if not all of Central Europe for 2019. Cubus serves as the computer technology company's Central European...
Dutch-based property manager MVGM and JLL have reached an agreement for MVGM to acquire JLL’s Continental European property management business, including some specialist shopping centre management teams and capabilities, creating a pure-play property manager with a pan-European footprint. The transaction is expected to close...
Since the Signa Group acquired the long-standing company Kika/Leiner in June 2018, the investment company has focused all the company's activities on its Austrian core business again. Previously operated independently of the Austrian core business, Kika's eastern European business has now been sold to XXXLutz as part of this ...
Multi Corporation appointed Antoine Mocachen as Managing Director for Central and Eastern Europe, effective 17 June 2019. He will be responsible for Multi’s activities in Hungary, Poland, Slovakia and Ukraine. Antoine Mocachen succeeds Luca Maganuco, who has filled this position on an interim basis for the past year, in addit...
Trei Real Estate has appointed Nadezda Ptackova as a new Managing Director for its subsidiaries in the Czech Republic and Slovakia. Starting immediately, Ptackova will be in charge of all property development activities involving commercial and residential real estate in the Czech Republic and in Slovakia. Her tasks will more...
According to Colliers research, money from East Asia burst on to the CEE scene in 2016-17, mainly via large industrial sector portfolio deals. The industrial sector received the majority of 2018’s flow as well, though diversification via larger single asset deals is beginning to occur. Asian investors appear to need liquidity...
Gramercy Europe, acting for its latest fund Gramercy Property III Limited (GPE III), has invested €50m in CEE logistics market. The company has acquired a 55,472 m² logistics warehouse in Dunajska Streda, around 40 km from Bratislava, from Go Asset Development and ECE European City Estates. The property is a modern, instituti...
Hotel values across Europe registered another strong year in 2018 showing 3% growth and reaching new highs, according to the annual European Hotel Valuation Index (HVI), compiled by HVS. Although a more modest growth than that of 2017 at 3.9%, 2018 saw recovery for many cities as well as a levelling off in values for some mar...
JLL has appointed Tomasz Trzósło Managing Director of the CEE Markets. He will oversee the company’s operations across Czech Republic, Hungary, Romania and Slovakia, alongside his existing responsibilities as country manager for JLL’s business in Poland.
The asset manager Palmira Capital Partners has let around 4,000 square metres of logistics space in Senec. Situated to the northeast of Bratislava, the Slovakian capital, the property provides some 120,000 square metres of logistics accommodation. The lettings just concluded bring the vacancy rate in the property down to less...
The almost fully leased business centre BBC5 in the commercial zone on Plynárenská 7 in Ružinov, Bratislava was acquired by a Czecho-Slovak High Yield fund managed by Wood & Company from the international Heitman Real Estate fund. This is the second deal closed between the two companies this year. In November, the acquisition...
Marian Fridrich joins Cushman & Wakefield as Partner and Deputy Head of Slovakia. From next year, he will be responsible for the overall business development and management of the Capital Markets Group department at Cushman & Wakefield in Slovakia.
According to the latest market report of the Bratislava Research Forum, transactions that have been concluded in the third quarter of 2018 represent a total amount of almost 28,000 sq m, which represents a 48% decrease compared to the previous quarter. The prime rent remained unchanged at €17.00 sq m/month.
PNK Group has entered the European industrial real estate market with the opening of its new PNK Park Sered industrial park near Bratislava occupying a total area of 60 ha and two ready-made facilities with a total area of 45,000 square meters. Located near the R1 expressway, the industrial park has convenient and has easy ac...
The total investment volume in Slovakia for H1 2018 reached just under €500 million, a significant amount compared to the €535 million for the entire 2017 and record breaking €850 million in 2016. This is the result of several mid-volume level deals slipping from 2017 Q4 to 2018 Q1/Q2, as well as increased liquidity and inves...