AFI Braşov now to open in the autumn

Coronavirus
ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.
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The 45,000 sqm gla mall, an investment of EUR 170 mln, was due to open in this quarter of the year, but the opening has now been moved back to the autumn, if the situation permits.

Along with shops AFI Braşov will include a gym, a restaurant zone, a cinema, play areas and a green terrace.

Latest news

Warehouse & industrial

Poland Panattoni completes Szczecin BTS distribution centre

schedule 30 July 2025
Opr./edited by AH

Panattoni has completed the construction of a major logistics project in Szczecin. The new BTS centre will serve as a distribution centre for an international chain of discount stores.

Material partner

Poland Atlas Estates secures major loan from Bank Pekao

schedule 20 July 2025
Eurobuild CEE

Atlas Estates has been granted a significant loan facility from Bank Pekao SA. The loan will primarily be used for the refinancing of the Hilton Warsaw City hotel and to support future investment projects aligned with the group’s broader regional growth strategy

Office & mixed-use development

Poland Office market in Warsaw remains stable

schedule 30 July 2025
Opr./edited by AH

In the first half of 2025, 85,000 sqm was added to the Warsaw office market, of which 93 pct was delivered to the central zones mainly due to prestigious projects such as The Bridge (51,800 sqm) and Office House (27,800 sqm), according to the latest report from Axi Immo, titled 'The office market in Warsaw in H1 2025'. At the same time, the vacancy rate remains stable (10.8 pct), with 140,000 sqm under construction at the end of June 2025.

Office & mixed-use development

Poland Shiji stays on in Silesia Business Park

schedule 29 July 2025
Opr./edited by AH

Shiji, a company specialising in IT solutions for the hospitality, retail, and leisure industries, has extended its lease of 2,000 sqm in Silesia Business Park in Katowice.

Office & mixed-use development

Poland Supply remains limited across the regions

schedule 29 July 2025
Opr./edited by AH

At the end of H1 modern office stock across Poland's regional cities came to 6.75 mln sqm, according to data from Avison Young. New supply came to 2,400 sqm with 200,000 sqm under construction, while demand stood at 387,000 sqm. Quarter on quarter the vacancy rate remained stable at 17.5 pct.

Office & mixed-use development

Poland MS Galleon enters Diuna

schedule 29 July 2025
Opr./edited by AH

The MS Galleon Capital Group has leased 3,000 sqm of office space in Warsaw's Diuna complex with an additional 700 sqm to be used as a showroom for the Cersanit bathroom ceramics brand and the Barlinek wooden flooring brand.

Warehouse & industrial

Germany Blitz takes 37,000 sqm

schedule 29 July 2025
Opr./edited by AH

Blitz Distribution has leased around 37,000 sqm of warehouse space and around 1,000 sqm of offices and social space at the Garbe Industrial centre in Werne, North Rhine-Westphalia.

Warehouse & industrial

Poland Largest Warsaw lease of 2025

schedule 28 July 2025
Opr./edited by AH

An undisclosed food processing company has leased 10,000 sqm of warehouse space in City Point Targówek. This is the largest lease in Warsaw so far in 2025.

Investment & finance

Germany Panattoni buys former paint factory

schedule 28 July 2025
Opr./edited by AH

Panattoni has acquired the former Alfred Clouth Lackfabrik paint factory in Offenbach am Main. A logistics park with flexible space suitable for light manufacturing, city logistics and e-commerce is to be built on the 1.5 ha site.

Investment & finance

Slovakia Mitiska REIM acquires OC Cassovia

schedule 28 July 2025
Opr./edited by AH

Mitiska REIM has acquired the OC Cassovia retail centre in Košice. The transaction was completed on behalf of the MEREP 3 fund, in partnership with local partner Asset Services, and with a co-investment from the EBRD.

ESG

Poland Moderna Office goes Platinum

schedule 25 July 2025

Moderna's Warsaw office in the Warsaw Unit office building has been awarded Well v2 certification with the highest possible rating of ‘Platinum’. 

Residential

Poland PBSA market set to grow rapidly

schedule 25 July 2025
Opr./edited by AH

Over the next two years, the number of beds in private student residence halls will increase by 70 pct, according to the latest analysis by Knight Frank.

Investment & finance

Poland EUR 110 mln for Heimstaden

schedule 24 July 2025
Opr./edited by AH

Heimstaden has secured a EUR 110 mln Sustainability-Linked loan for its residential developments in Warsaw and Kraków. Under the terms of the loan, the interest rate will be dependent on sustainability goals and measurable ESG indicators achieved by  Heimstaden Bostad.

Warehouse & industrial

Hungary Hungarian industrial stock nears 6 mln sqm

schedule 24 July 2025
Opr./edited by AH

At the end of Q2 2025, the total modern industrial stock in Hungary came to almost 6 mln sqm, according to the Budapest Research Forum. Modern industrial stock in the Greater Budapest surpassed 3.8 mln sqm, while the stock across the regions came to almost 2 mln sqm.

Warehouse & industrial

Germany Panattoni completes Park Halle (Saale) Nord

schedule 24 July 2025
Opr./edited by AH

Construction work on the first stage of Panattoni Park Halle (Saale) Nord in central Germany has been completed. The development comprises two buildings on a 13.2 ha site.

Warehouse & industrial

Poland Monosol starts production in Poland

schedule 23 July 2025
Opr./edited by AH

MonoSol has opened a new manufacturing plant in Zimna Wódka in the Ujazd economic zone in Silesia. The company specialises in the production of water-soluble films, used in the production of dishwasher and washing machine capsules.

Investment & finance

Poland Conseq and Accolade buy 7R BTS Bielsko-Biała West I

schedule 23 July 2025
Opr./edited by AH

Conseq and Accolade have purchased the 7R BTS Bielsko-Biała West I warehouse building with an area of 20,000 sqm in Międzyrzecz, near Bielsko-Biała.

Retail & leisure

Romania Romania attractive to foreign retailers

schedule 23 July 2025
Opr./edited by AH

Romania’s retail market continues to attract a growing number of international brands, according to data from the Cushman & Wakefield Echinox real estate consultancy company. More than 40 international retailers entered the Romanian market between 2020 and 2025. Globally, all these retail chains have total annual revenues exceeding EUR 80 bln, compared with the total estimated Romanian retail market revenue of around EUR 60 bln.

Retail & leisure

SEE region Supernova expansion for Eleport

schedule 22 July 2025
Opr./edited by NN

Shopping centre operator Supernova Group has entered into a strategic partnership with Estonian electric vehicle charging station provider Eleport, which will install almost 200 ultra-fast charging points in 30 Supernova locations across Croatia and Slovenia.

Investment & finance

Poland Santander loans EUR 10 mln to Panattoni

schedule 22 July 2025
Opr./edited by AH

Panattoni has secured a loan of EUR 10 mln from Santander Bank Polska for the construction of the second stage of City Logistics Warsaw Airport IV.

Latest in Coronavirus

schedule 30 March 2021

Vaccination centre provided by Globalworth

The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.

schedule 24 June 2020

Employers in no rush to return to workplaces

Almost three quarters of employers plan to reintroduce their employees to their workplaces in phases rather than all at once, according to CBRE in its global survey on return-to-work strategies after the Covid-19 pandemic.

schedule 14 May 2020

Catella sees hope and chances for real estate after Covid-19

WORLD Real estate could actually benefit from the Covid-19 pandemic in the long run due its perception as a safe haven for investors, according to a report just published on the implications of the epidemic for the market by Swedish property consulting and fund management specialists Catella.

schedule 14 May 2020

Build Europe pushes post-coronavirus action plan

EUROPE Build Europe, an umbrella organisation for EU-based residential developers and constructors, has presented its recommendations for helping the sector in the EU emerge from the post-Covid19 economic crisis.

schedule 14 May 2020

Polish RE lends an even greater hand to fight the pandemic

POLAND More companies have joined # Property4Heroes - the commercial real estate market's initiative to support hospital staff and ambulance crews across Poland. Each day the initiative delivers 1,150 meals to physicians, nurses, paramedics and support personnel.

schedule 07 May 2020

Panattoni to provide PLN 0.5 bln worth of medical supplies

POLAND Warehouse developer Panattoni has allocated PLN 500,000 to buy medical supplies for three Polish hospitals.

schedule 14 April 2020

Landlords underwhelmed by emergency relief

CEE REGION Preliminary CEE investment volumes for Q1 2020 amounted to app. EUR 3.7 bln, despite the onset of Covid-19 in the region in early March – according to Colliers International’s latest research report.

schedule 14 April 2020

Toyota prepares to reopen Polish plants

EUROPE Toyota Motor Corporation has announced the partial resumption of operations in its European manufacturing plants, which have been closed due to the coronavirus epidemic.

schedule 08 April 2020

AFI Braşov now to open in the autumn

ROMANIA AFI Europe Romania has announced that it is rescheduling the opening of its AFI Braşov shopping and entertainment centre due to the pandemic.

schedule 08 April 2020

Aleja opening postponed

SLOVENIA The official opening of the Aleja shopping centre in Ljubljana’s Šiška district has been postponed.

schedule 07 April 2020

BPI opens virtual sales office

POLAND BPI Real Estate Polandis to introduce a virtual sales office for all of its Polish projects.

schedule 07 April 2020

Rent suspension in Sukcesja

POLAND Rent payments have been suspended for all tenants in the Sukcesja shopping centre in Łódź.

schedule 03 April 2020

Retailers join the fight

POLAND The Polish Trade and Distribution Organisation [POHiD], an association of retail chains, are to contribute PLN 15 mln to fight the coronavirus epidemic.

schedule 02 April 2020

Carrefour donates PLN 2 mln to fight pandemic

POLAND The Carrefour Foundation and Carrefour Polska are donating around PLN 2 mln to Polish hospitals for the fight against the coronavirus pandemic.

schedule 01 April 2020

Pay no rent in Sukcesja

POLAND The Sukcesja shopping centre owned by Fabryka Biznesu in Łódź has stopped collecting rents from its tenants.

schedule 31 March 2020

Government takes on board PRCH recommendations

POLAND The range of temporary trading restrictions in Polish retail buildings above 2,000 sqm imposed by the Ministry of Health has been clarified after consultations with the Polish Council of Shopping Centres [PRCH] and the Ministry of Development.

schedule 31 March 2020

Rent holiday for CCC and Ultro tenants

POLAND Dariusz Miłek, the president of footwear and accessories retailer CCC and Ultro Holding, the owner and manager of Cuprum Arena in Lubin and Korona in Kielce, has decided to cancel rent collections from tenants whose outlets have been forced to close during the Covid-19 emergency.

schedule 31 March 2020

Develia fears Covid-19 impact on business

POLAND Wrocław-based developer Develia (formerly LC Corp) has announced that the disruption caused by the pandemic could have a significant and potentially serious impact on the current operations of the company and its groups.

schedule 31 March 2020

Economies rebalance in wake of coronavirus

CEE REGION According to analysis by Colliers International all CEE economies this year are to decline or fall into recession as a result of the coronavirus.

schedule 30 March 2020

Movement and gatherings ban tightened further

POLAND The Polish government has introduced a new directive clarifying the restrictions on movement as part of its measures to combat the Covid-19 pandemic.

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Edition 7 (300) July 2025

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