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2019-12-02  10:32
CIJEurope.com
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Events

Top quality projects honored at CIJ Awards 2019

The CIJ Awards Czech Republic took place Nov. 28 in the historic heart of Prague in Slovansky dum's beautifully restored Empire Hall. The venue was an elegant backdrop for an incredible night that brought together the top players of the Czech Republic's property sector. Twenty-six awards were handed out to developers who completed buildings over the past 12 months around the...
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2019-12-02  10:03
CIJ Romania
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Company News

Societe Generale leases 10,500 sqm at Campus...

Societe Generale European Business Services leased 10,500 sqm of office space and 57 parking spaces in the third building of Skanska’s Campus 6 project in western Bucharest. Campus 6.3, where Societe Generale EBS will begin partial relocation of its team in the fourth quarter of 2020, will be LEED Gold and WELL certified. The building is now 91 percent leased. The Campus 6 complex wil...
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2019-12-02  09:37
CIJEurope.com
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Company News

Cushman & Wakefield to manage 1.7...

Cushman & Wakefield has been appointed by Logicor to manage a portfolio totaling 1.7 million sqm of logistics real estate in the CEE region. The portfolio includes 33 logistics parks (1.29 million sqm) in Poland, located in the Warsaw suburbs, Central Poland, Wrocław, Silesia, Kraków, Rzeszów and Poznań. An additional eight logistics parks (175,600 sqm) are located in Hungary, whi...
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2019-12-02  09:34
CIJEurope.com
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Company News

Regional city investment volume hits €1.06bn...

Poland’s regional city investment volume reached €1.06bn in the first three quarters of 2019, matching the level recorded for the whole of last year. Cushman & Wakefield forecast this year’s total volume will hit between €1.3bn and €1.5bn. Prime office yields stand at 5.5-6 percent in Kraków and Wrocław and at 6.75-7.25 percent in Gdańsk, Poznań, Katowice and Łódź. “The largest tr...
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2019-11-29  09:57
CIJ Romania
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Company News

Dentotal leases 2,300 sqm at Eli Park 1

Dentotal has leased 2,300 sqm in the second phase of Eli Park 1 in Bucharest’s Buftea area. Dentotal is a leading distributor of products and equipment for dental offices and laboratories in Romania. Eli Park 1 will offer 50,000 sqm of leasable space. The first phase offered 20,000 sqm of space and was delivered in August. The second phase includes two halls of 12,000 sqm and 18,000 s...
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2019-11-29  09:56
CIJ Serbia
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Company News

Bimal Group takes over Novo Sunce

Bimal Group has become the majority stakeholder in the Novo Sunce edible oil plant in Sombor, northern Serbia. The takeover is an effort to consolidate and strengthen the edible oil sector in the Western Balkans region, according to Bimal CEO Ilija Studen. An initial €35m is expected to increase the capacity of the plant, with further investments, totaling €20m, to follow, said Studen...
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2019-11-29  09:52
CIJ Serbia
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Company News

Croatian Post acquires Locodels

The Croatian Post has acquired the courier delivery service company Locodels. The price of the deal was not disclosed. The transaction is in line with the Post’s development strategy, which has been focusing on its digital transformation over the last two years, said CEO Ivan Culo. “This adds to the service portfolio the possibility of same-day delivery within the urban area in Zagreb...
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2019-11-29  09:44
CIJ Serbia
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Company News

Hard Diskont Lakovic hypermarket opens in...

A new Hard Diskont Lakovic hypermarket has opened in Zlatica along the main road near Podgorica. The sales area covers more than 2,500 sqm and has 300 on-site parking spots. In an effort to support domestic production, the hypermarket will place a special emphasis on local goods. This is the 12th Hard Diskont Lakovic hypermarket in Montenegro. The operator said it is planning to open ...
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2019-11-29  09:41
CIJ Serbia
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Project News

Elin Pelin-Vakarel railway section to...

The 20 km Elin Pelin-Vakarel railway section in western Bulgaria is set to undergo a €255m upgrade. The National Railway Infrastructure Company signed a €255m contract with Turkish companies Duygu Muhendislik Insaat and Cengiz, which will oversee the modernization project. A new train station will be built in Elin Pelin. Construction will take six years. This is part of a wider railwa...
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2019-11-29  09:24
CIJ Serbia
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Company News

Yanfeng opens factory in central Serbia

Yanfeng Automotive Interiors has opened an 18,500 sqm factory in Kragujevac, central Serbia. The Chinese manufacturer will employ 200 people to start, with plans to boost its staff to 800 by 2023. Yanfeng produces interior components for cars and one of the main suppliers for Mercedes. Headquartered in Shanghai, the company operates about 110 manufacturing facilities and technical cen...
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