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2018-04-20  10:56
CIJEurope.com
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Project News

JLL to lease SUDOP Invest's Prague 7...

JLL's Office Agency has been awarded an exclusive mandate to lease Argentinská Office Building owned by SUDOP Invest in Prague 7. The 10,000 sqm office building is due for construction in the second quarter of 2019 and will offer over 6,000 sqm of offices on 7 floors. Only the second through fourth floors of the building will be offered to rent, as the upper floors will be occupi...
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2018-04-20  10:45
CIJEurope.com
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Company News

Arcona turns 2016 losses into 2017 profits

Arcona Property Fund turned in a profit of €5.56m in 2017, a significant improvement over its net loss of €292,000 in 2016. The fund expects further profits in 2018 and plans to grow in volume to €500m by 2022. Arcona director Guy Barker said that the fund's underlying operational performance gained speed over the course of last year. "The value of the Fund´s existing portfo...
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2018-04-20  10:34
CIJEurope.com
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Company News

Atenor launches Aréna Business Campus...

Atenor, a Belgian based developer, is starting its latest large-scale project named Aréna Business Campus located in the 8th district of Budapest. The project will be situated on a 19,000 sqm site and will include four class A+ office buildings offering a total of 72,000 sqm. Each of the buildings will be eight stories high and will have a two-level underground garage. The first of t...
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2018-04-20  10:31
CIJEurope.com
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Company News

Penta Investments strengthens in Poland

Penta Investments, a Central European investment group has strengthened its position in Poland after ten years in the market. Its portfolio in CEE's largest market currently includes 10 investment projects, including: Empik Group, Iglotex, EMC Instytut Medyczny, Prywatna Lecznica Certus, Learning Systems Poland, which operates the Speak Up language school network, Clar Systems as...
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2018-04-20  10:14
CIJEurope.com
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Appointments

Rafał Oprocha appointed Head of Southern...

Rafał Oprocha has been appointed Head of Southern Poland at Savills. Rafał has 17 years of experience in commercial real estate, having worked previously at Colliers International and CBRE. He spent the last ten years at JLL as the Head of JLL Krakow Office. Oprocha advises both landlords on office developers along with tenants from the BPO, SCC and R&D sectors. He has advised on ...
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2018-04-20  10:13
CIJ Romania
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Company News

Globalworth Campus to offer Stradale restaurant

Stradale has leased 600 sqm in Tower I, a building located in the Globalworth Campus on Dimitrie Pompeiu Boulevard. This is the Chef Foa's ninth restaurant created with the Flavours team. Tower I was the first office building in the Globalworth Campus in Pipera and offers 29,000 sqm of office space as well as green spaces, restaurants, supermarkets and cafes. The Globalworth Camp...
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2018-04-20  10:01
CIJEurope.com
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Deals

Karlovarská Business Park now full after...

Following the signing of a lease with L.A.Fuel Print & Fullfilment, the last available space in Karlovarská Business Park has been occupied. The company prepares and prints marketing materials for clients around Europe and overseas. Located on the western edge of Prague, Karlovarská Business Park offers 20,000 sqm of storage and production space that's now leased to 12 tenant...
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2018-04-20  09:48
CIJ Serbia
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Company News

Plava Laguna invests €67.4m in Croatian...

The investor Plava Laguna is planning to open four tourist resorts this summer along the Croatian coastline. The new resorts, located in Umag and Porec, represent an investment of around €67.4m and are being built to four-star and four-star-plus standards. The work is employing roughly 750 people. Park Resort in Porec required an investment of €35m, with the first guests expected to ...
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2018-04-20  09:37
CIJ Serbia
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Construction

Military hotel highrise nears completion in...

The Croatian Ministry of Defense is having a highrise built in Zagreb, with completion expected by the end of 2018. The building will provide a hotel with 89 rooms that are intended to be used by members of the armed forces and their guests as well as students from the Dr. Franjo Tudjman military school. The €6.3m project was designed by the Proarh architectural studio. Design and pla...
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2018-04-19  14:49
CIJ USA
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Company News

Highline Development wins $72m loan for...

Highline Development Group has landed $72 million in permanent first mortgage financing for its newly built mixed-use development in the Chelsea neighborhood of Manhattan. The property, located at 550 W. 29th Street, includes 19 units and more than 5,000 square feet of retail or gallery space on the ground floor. Adjacent to the High Line linear park, common amenities include a 24-hou...
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