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2019-12-05  13:07
Crest Communications
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Construction

CBRE: Adient opened a new development and...

Prague, 5th December, 2019 — CBRE, the world leader in commercial real estate, provided project management during the construction of a new development and innovations center for Adient, a Czech producer of industrial fabrics for automotive. The modern development center with 3,500 square meters of floors offers facilities for automotive fabrics research and development and it is a...
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2019-12-05  09:34
CIJ Romania
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Company News

Skanska to build new office complex in...

Skanska purchased a 26,200 sqm plot in northern Bucharest from InteRo Property Development SRL. Skanska was assisted by the PeliPartners law firm. The developer is planning to build an office complex on the land. The project will include three office buildings in the immediate vicinity of the Jiului metro station. On the adjacent plot, InteRo Property Development SRL will complete an ...
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2019-12-05  08:04
CIJEurope.com
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Company News

Maxfliz renegotiates lease at Prologis Park...

Maxfliz has renegotiated its lease at Prologis Park Wrocław III. The homeware retailer was represented by Cresa Poland. “We have been present in Wrocław since 2009. We are pleased that Lower Silesians have fallen in love with design, and we can quickly deliver top-quality products thanks to the good connection between our urban warehouse and our central facility near Kraków. Our order...
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2019-12-05  08:03
CIJEurope.com
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Appointments

C&W promotes Katarzyna Lipka-Nawrocka to...

Katarzyna Lipka-Nawrocka has been appointed manager of the consulting and research team at Cushman & Wakefield Poland. Lipka-Nawrocka will be responsible for providing support to the company and clients with an emphasis on business development and advisory services. In her new role, she will focus on formulating a data strategy, ensuring an efficient platform that supports revenue...
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2019-12-04  11:35
CIJEurope.com
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Deals

Lincoln Property Company secures €91m retail...

Lincoln Property Company, the U.S. developer and investor, and CEE investor, Fidurock, have refinanced a portfolio of Czech and Slovak retail parks with UniCredit Bank. The total framework facility in the amount of €91m was used to refinance previous loans on the existing retail parks, as well as to be used to finance further development of selected retail parks and future acquisition...
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2019-12-04  09:44
CIJ Romania
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Company News

CBRE to manager One Tower, One Mircea Eliade

CBRE was named property manager of One Tower and One Mircea Eliade in northern Bucharest. The two projects were developed by One United Properties. One Tower is an office scheme, while One Mircea Eliade is a residential complex, part of the One Floreasca City project. The two projects offer 24,000 sqm of office space and 247 apartments. CBRE’s property management portfolio now exceeds...
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2019-12-04  08:36
CIJEurope.com
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Company News

Robyg to build micro-apartments in Wola district

Robyg is planning to build micro-apartments in its City Sfera residential project in Warsaw’s Wola district. The project will include 402 apartments ranging in size from 18 sqm to 38 sqm in two buildings called Modern Space. The apartments will be equipped with the Smart House system, allowing electronic devices, heating as well as security systems to be remotely controlled. Construct...
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2019-12-04  08:35
CIJEurope.com
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Company News

Unibep to build second stage of YIT’s Nordic...

YIT Development has tapped Unibep to build the second phase of its Nordic Sadyba residential scheme in Warsaw’s Mokotów district. This next phase will include 281 apartments, ranging in size from studios to five rooms. Prices will start at PLN 360,000 and go up to PLN 1.2m. Completion is scheduled for 2022. YIT is Finland’s leading developer, operating in 11 countries, including Russi...
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2019-12-03  15:59
CIJ USA
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Deals

Safehold acquires ground lease at 425 Park...

Safehold has completed the purchase of the existing ground lease at 425 Park Avenue in New York City for approximately $620m. Safehold will manage and own 55 percent of the retail space while the other 45 percent will be held by a sovereign wealth fund. Currently under construction, 425 Park Avenue will offer 670,000 sq ft of class A office space on 42 floors. “We are excited to a...
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2019-12-03  15:57
CIJ USA
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Project News

Massive mixed-use scheme gets green light in...

Edge Central Development Partners was selected to oversee a new mixed-use scheme in St. Petersburg, Florida. Plans call for 100,000 sq ft of office space, the first major class A office buildings built in the city's downtown since 1990. The project, to go up on a site that used to house the St. Petersburg police station, will also include 60 for-sale condos, 30 workforce housing ...
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