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South Eastern Europe

Delta Real Estate acquires Radisson Collection Hotel

Delta Real Estate has acquired the four-star, 236-room Radisson Collection Hotel, Old Mill Belgrade in Belgrade, for an undisclosed sum. The purchase agreement was approved by the Commission for the Protection of Competition.
Tuesday, 4. July 2023

Czech Republic among top 3 countries in industrial investment stability

According to Savills latest European Logistics Outlook, industrial investment volumes, which totalled €5.1bn, declined by 49% QoQ and by 73% compared to Q1 2022, which was notably a record high. Compared to the same period last year on a country-by-country, The Czech Republic (-3%), Ireland (-29%) and Portugal (-45%) recorded...
Monday, 26. June 2023

Banca Transilvania leases 10.000 m² in Globalworth Green Court A

Globalworth announces today the signing of a lease agreement with Banca Transilvania. This agreement highlights one of the largest office leases in Romania this year, underlining the dynamic real estate market in the country and Globalworth's leading role within it.
Wednesday, 21. June 2023

Andrzej Wronski takes over role of Managing Director P3 Romania

Andrzej Wronski, Group Head of Asset Management for P3 Logistic Parks, will be taking over the role of Managing Director for P3 Romania starting 1st of July 2023 from Sinziana Pardhan, who decided to step down after six years of running P3 operations in the country. In this role, Andrzej will be responsible for leading the st...
Wednesday, 21. June 2023

Speedwell purchases a plot of land in Timișoara

Speedwell continues its ambitious national expansion plans and announces the acquisition of a new plot of land on the premises of the former 1 IUNIE S. A. textile factory. The new plot of land is located on 6, Peneș Curcanul street, close to Timișoara’s city center.
Thursday, 15. June 2023

Ascend secures Start Living platform management mandate

Ascend Properties has cemented its position as the UK’s leading manager of single-family build-to-rent (BTR) assets with its appointment by Start Living to manage its national portfolio of over 700 homes.
Friday, 9. June 2023

CA Immo sells Belgrade Office Park

CA Immo has signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space. The building, which is located close to the city center, was 97% let as of April 30, 2023, with ann...
Monday, 5. June 2023

Globalworth expands partnership with Honeywell in BOC building

Globalworth announces the expansion and prolongation of Honeywell's lease in the BOC building, Bucharest. This extension, which covers a more than 24,000 m² of gross leasable area (GLA), reaffirms the longstanding partnership between Globalworth and Honeywell, a global leader in innovative technologies to make industries safe...
Wednesday, 31. May 2023

Globalworth signs largest new lease contract in 2023

Globalworth has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio.
Wednesday, 24. May 2023

Redport and Mobexpert to invest €150 million in Bucharest

Redport Capital and Mobexpert Group announce the completion of the concept design for the Infinity Nord project, a residential destination located in the Străulești area. This will be one of the largest urban regeneration projects in Bucharest, the total investment being estimated at €150 million.
Friday, 19. May 2023

PineBridge JV expands last mile logistics strategy

PineBridge Benson Elliot and their JV Partner, Evo Industrial, have acquired two further sites, under their strategy, with Evo Industrial to deliver last mile logistics in and around London and key regional markets in the UK. The two sites are a 4-acre site in Woodford, East London and a 2.2-acre site in Enfield, North London.
Wednesday, 3. May 2023

Radisson RED to arrive in Belgrade

Radisson Hotel Group is pleased to announce the debut of its bold and cutting-edge upscale Radisson RED brand in Serbia with the signing of Radisson RED Belgrade, set to open later this year. Located just minutes from the capital’s historic center, Radisson RED is the first Radisson RED branded hotel to be operated by PPHE Ho...
Wednesday, 26. April 2023

RetuRO joins the Globalworth community in Campus A

Globalworth is announcing a new multi-year lease agreement. RetuRO Sistem Garanție Returnare (RetuRo), a company founded by beverage producers and trade associations to manage the deposit-return system, will expand its operations in Globalworth Campus A in Bucharest.
Monday, 17. April 2023

CTP looks to double in size by 2030

CTP Group is aiming to double the size of its pan-European network of business parks to 20 million sqm of GLA by the end of the decade, amid forecasts of continued strong demand for industrial and logistics space across Central and Eastern Europe.
Monday, 17. April 2023

P3 to lease over 20,500 m² at P3 Bucharest A1 Park

P3 Logistic Parks announces contract renewals and extensions of some of the longest-standing tenants in the local portfolio, Logistic E Van Wijk and HOPI Logistics. Thus, the two companies are developing their logistics needs within the P3 warehouses and will occupy an area of ​​20,538 m² of logistics spaces and offices withi...
Thursday, 13. April 2023

ECE manages two further shopping centres

ECE Marketplaces expands its centre management portfolio and takes over the management of two further shopping centres in the Turkish metropolis Istanbul: the “Palladium Atasehir“ and the “V Metroway“. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both cent...
Wednesday, 5. April 2023