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South Eastern Europe

CA Immo appointed new Head of Asset Management Austria and CEE

Vojtech Ozorovsky joined CA Immo as Senior Asset Manager in 2020 and has now been appointed Head of Asset Management Austria & CEE, taking over responsibility for all asset management activities in Austria, Hungary, Poland, Czech Republic and Serbia, including leasing, tenant relations, and comprehensive management of the inv...
Monday, 10. June 2024

Commerz Real appoints ECE for Turkish „Forum Bornova“

Commerz Real has assigned ECE for the first time with the management one of its international shopping centers. The two companies are thus extending their long-standing cooperation in the retail real estate sector in Germany to international business. The new Commerz Real contract was awarded as part of a competitive tender a...
Wednesday, 5. June 2024

18 Gym Fitness & Beauty expands in Arad

18 Gym Fitness & Beauty, the third-largest health & fitness network in Romania, will open a new location within Agora Arad (the former Galleria Arad) through a transaction brokered by Cushman & Wakefield Echinox.
Monday, 29. April 2024

Serbia’s landmark hotel sold to MV Investment

At the end of March, Belgrade's Hotel Jugoslavija was sold to MV Investment for 3.2 billion dinars (approximately €27 million). The Millennium Team subsidiary won the public auction for the purchase of the bankrupt Danube Riverside legal entity.
Friday, 26. April 2024

Cropp and House open at the Colosseum Mall

Colosseum Mall and the Polish group LPP are expanding their partnership with the opening of two new stores in the shopping centre, under the signatures of the international brands Cropp and House.
Wednesday, 17. April 2024

C&W Echinox appoints Stefan Surcel as Head of Industrial Agency

Cushman & Wakefield Echinox has appointed Stefan Surcel as Head of Industrial Agency. In his new role, he will coordinate the activity of the company's Industrial department and will focus on further developing the existing relationships with strategic clients and also on identifying and creating new market opportunities.
Thursday, 11. April 2024

Oriol Casellas-Deig joins Redport Capital as CFO

Redport Capital hast appointed Oriol Casellas as Chief Financial Officer. The appointment comes as a significant addition to the leadership team of the holding, strengthening expertise and internal resources dedicated to growth strategies and diversification of the investment portfolio.
Thursday, 11. April 2024

Record value of construction works started in Romania in 2023

Activity-Start, that is, the total value of started construction works, greatly increased (+64%) in 2023 across Romania compared to the previous year. It reached the highest level seen in the past decade, both as gross value and growth rate – according to the EBI Construction Activity Report. Even more impressive is the seren...
Tuesday, 9. April 2024

Etron leases production space at CTPark Oradea

CTP has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal to Asian EMS company Etron Technology. The company decided to expand their worldwide presence by setting up a high-tech production plant in Europe at CTPark Oradea Cargo Terminal.
Thursday, 4. April 2024

M Core launches platform for Romanian portfolio

M Core launches ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the portfolio of 25 retail parks across Romania. Co-CEOs of M Core Romania, Sebastian Macdonald-Hall and James Fife led the initiative with Clemens Petschnikar of Square 7 Pro...
Tuesday, 26. March 2024

Marriott cooperates with Vasilakis to bring brand to Greece

Marriott International has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece. Anticipated to open in 2025, JW Marriott Crete Resort & Spa will span 100 acres of coastal area. SWOT Hospitality will collaborate with both as the third-party operator for the franchised property.
Tuesday, 19. March 2024

First Radisson RED hotel in Southeast Europe celebrates opening

Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the vibrant Radisson RED brand in Southeast Europe. Located on Takovska Street near the House of the National Assembly, Radisson RED Belgrade offers a unique blend of tradition and contemporary style, following a complete renovat...
Thursday, 22. February 2024

Invel appoints Stamatis Sapkas as a Partner

Invel Real Estate has appointed Stamatis Sapkas as a Partner. Stamatis will have a strategic role focused on origination and the successful implementation of the firm's business plan.
Monday, 19. February 2024