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2020-01-16  09:52
CIJ Romania
Company News

CIJ Awards Gala Romania video is now available

At the CIJ Awards Romania, 28 projects, transactions and property professionals were honoured for outstanding achievement in real estate over the past year. The CIJ Awards Romania 2019 took place in front of a record crowd that filled the main ballroom of the Radisson Blu hotel in downtown Bucharest. The evening brought together the very best Romania's property sector has to off...
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2020-01-16  09:51
CIJ Romania
Company News

Ana Tower nearing completion in Bucharest

Construction on Ana Tower, near Piata Presei in Bucharest, is close to completion. The investor is George Copos. Work on the office project started in September 2018. The building offers 43,700 sam of leasable space on 24 floors. The scheme, which is more than 110 meters high, also includes underground and surface parking for 365 vehicles. The investment is valued at €60m.
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2020-01-16  08:42
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Company News

Office investments in Poland top €3.8bn in 2019

The real estate investment volume in Poland was a record-breaking €7.4bn in 2019, with office deals accounting for €3.8bn of the total, according to JLL. The trend is expected to continue this year. The last 12 months were the best ever for the office segment, where the sales and acquisitions topped €3.8bn – more than €1bn more than the previous year. “For the second time in a row, th...
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2020-01-15  12:58

Koruna continues to strengthen

The Czech koruna has continued its surprising climb, improving its two-year record along the way against the euro. By 5 pm on Tuesday, one euro cost CZK 25.17 while CZK 22.63 was enough to buy one U.S. dollar. The koruna hasn't been this strong since the beginning of February 2018. The Czech News Agency cites Next Finance analysts as chalking up the interest from investors to new...
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2020-01-15  12:53
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Project News

JRD building Rezidence Silver Port near...

The developer JRD has teamed up with the investment group Rezidence Na Palouku and begun sales of 70 flats in the project Rezidence Silver Port. Construction of the project, which is made up of four passive energy buildings, will begin this spring and last until 2022. It's going up on the site of the former headquarters of the shipping company Česká námořní plavba. As a result, J...
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2020-01-15  09:29
CIJ Romania

Romania’s industrial take-up totals 476,000...

Nearly 476,000 sqm of industrial and logistics space was leased in Romania last year, according to a recent report published by JLL. The volume is down slightly from 2018’s total, which amount to 514,000 sqm in lease transactions for the sector. Bucharest drove demand, with approximately 360,000 sqm in lease deals signed in 2019, according to the JLL report. The capital’s performance ...
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2020-01-15  09:11

Beata Kokeli to head retail at Cushman &...

Beata Kokeli has been appointed head of the retail agency at Cushman & Wakefield Poland. Kokeli has 20 years of real estate experience working both at development companies and real estate agencies. She previously worked for TK Development Group, where she was responsible for development, leasing and marketing. She also served as chief commercial officer at Centrum Development &am...
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2020-01-15  09:10
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Jarosław Bator joins Echo Investment as head...

Jarosław Bator has joined Echo Investment as head of new business. He will also strengthen the company’s CitySpace team, a platform that provides flexible office solutions, as managing director. Bator has 20 years of real estate experience. Prior to joining Echo Investment, he was the managing director of Business Link. At Skanska, he served as business development director. Previousl...
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2020-01-15  03:24
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Project News

Prague airport launches CZK 750m tender for...

The Prague airport has begun a public tender for the creation of new parking places for planes as well as relocating a taxiway as part of a plan to make operations more efficient. The work, which should begin in June and run for two years, is part of a plan to increase the capacity of the airport. Terminal 2 is also due for expansion but this will get underway later. The new taxiway w...
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2020-01-15  03:23
Company News

Toyota Yaris production will begin at Kolin...

The TCPA factory in Kolin will begin production of the Toyota Yaris at a date that has yet to be revealed, according to the company's spokesman Tomáš Paroubek. At the moment, the Toyota Aygo, Citroen C1 and the Peugeot 108 are the only cars rolling of the lines in the small town east of Prague. A gas and a hybrid version of the Yaris will be produced at the factory, which is to b...
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