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SERBIA Gold for Ada Mall

Green projects
Ada Mall in Belgrade, a shopping centre developed and owned by Globe Trade Centre, has received LEED ’Gold’ certification.
The 34,600 sqm shopping centre, which is situated close to the Ada Ciganlija river island southwest of the city centre, received recognition during the certification process for, among others, its maximum use of daylight and fresh air, its heating and air conditioning systems, its thermal insulation, and conservation of green areas. We believe that every human being on the planet should have safe and healthy places to live, work, study and play. A long and healthy life is no longer a privileg
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Latest news

Investment & finance

POLAND The man behind the year's biggest deal

schedule 24 January 2025
Nathan North
deputy editor

Eastnine entered the Polish market in 2022 with the purchase of Nowy Rynek D in Poznań. And building E was added to its portfolio early last year. But at the end of the year, the Swedish investor pulled off a major coup with the biggest office acquisition of 2024 when it added Warsaw Unit to its portfolio. So, we spoke to Kestutis Sasnauskas, the CEO of Eastnine, to find out more about this spectacular transaction and the company’s future plans

Office & mixed-use development

Germany CMS law firm stays with Patrizia

schedule 24 January 2025
Opr./edited by ANZ

Law firm CMS has renewed its lease for 10 years for 10,200 sqm of office space at MainTor Panorama building in Frankfurt.

Investment & finance

Poland Martley Capital completes the sale of two warehouse assets

schedule 24 January 2025
Opr./edited by ANZ

Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub.

Retail & leisure

Poland New retail supply hits its highest in almost a decade

schedule 24 January 2025
Opr./edited by ANZ

Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

Investment & finance

Europe How W.P. Carey proposes to unlock capital

schedule 24 January 2025
Alex Hayes
journalist

We talk with W. P. Carey, the US-based sale and leaseback specialist and Christopher Mertlitz, the company’s Head of European Investments, explains the company’s strategy in Poland and why he believes ample opportunities for this kind of financing still exist.

Warehouse & industrial

Romania BTS for Rossmann is ready

schedule 24 January 2025
Opr./edited by ANZ

Panattoni has completed the construction of a new logistics centre for Rossmann in Üllő. The area of the facility is 28,000 sqm.

Residential

Poland Investors see the potential in students

schedule 24 January 2025
Opr./edited by ANZ

Only 11 pct of students in Poland can be accommodated in student houses, both public and private. PRS At a Glance: Institutional Rental Market Poland. Student Housing 2024, a report by BNP Paribas Real Estate Poland, indicates that investor interest in the PBSA segment will grow in the coming years.

Office & mixed-use development

Poland The Warsaw Court of Appeal chooses Wola Center

schedule 24 January 2025
Opr./edited by ANZ

The occupancy level of Wola Center has reached 90 per cent. The latest contract for the lease of 2,000 sqm was concluded by Hines with the Warsaw Court of Appeal. In addition to office space, the long-term contract includes parking spaces. 

Investment & finance

Hungary Transforming offices into hospitality

schedule 23 January 2025
Opr./edited by JC

Forestay Group, in strategic partnership with Recorde Asset Management, announced the acquisition of Váci Utca 81, a 10,200 sqm office building situated in Budapest.

Investment & finance

Romania The Chinese buy Rus Savitar factory

schedule 23 January 2025
Opr./edited by ANZ

Rus Savitar, a furniture and chipboard manufacturer in Romania, has sold its factory in Dudeștii Noi, Timiș County, to UE Furniture, a global producer of chairs, armchairs, and sofas.  The transaction encompasses a total area of 120,000 sqm of land and 60,000 sqm of buildings.

Eurobuild CEE

Poland Eurobuild CEE for January and February!

schedule 22 January 2025
Eurobuild CEE

The latest, optimistic issue of Eurobuild CEE is now available! Make sure you don't miss it! 

Investment & finance

Czech Republic Max has bought from Anatol

schedule 22 January 2025
Opr./edited by JC

The Myslbek office and retail complex on Prague’s centrally located Na Příkopě street has been purchased by Max Realitní Fund. The property was acquired from Anatol Invest Holding.

Warehouse & industrial

Poland Valmet Automotive's factory in Żary is growing

schedule 22 January 2025
Opr./edited by ANZ

Panattoni and Valmet Automotive, a supplier to the automotive industry, have officially inaugurated the expansion of the factory in Żary. On 21 January, the foundation stone was laid for the construction of an 8,800 sqm BTS facility.

Warehouse & industrial

Poland TVH leases a warehouse in Silesia

schedule 22 January 2025
Opr./edited by JC

TVH, a global supplier of parts and accessories for material handling, industrial, construction and agricultural machines, has leased nearly 17,000 sqm of space at Prologis Park Ruda Śląska.

Office & mixed-use development

Germany Timber Factory is set for construction

schedule 22 January 2025
Opr./edited by JC

Timber Factory – the building complex by UBM Development and ARE Austrian Real Estate – will be Munich’s first commercial campus in a timber hybrid design, with approx. 59,500 sqm of GFA. Building is scheduled to begin in the Q3 of 2025.

Office & mixed-use development

Poland The law firm SPCG has chosen Infinity

schedule 22 January 2025
Opr./edited by ANZ

The law firm of attorneys and legal advisers Studnicki, Płeszka, Ćwiąkalski, Górski has joined the group of tenants in Wrocław's Infinity office building. The firm has leased over 350 sqm of space. The opening of the new branch of the SPCG law firm is scheduled for August 2025.

Investment & finance

Germany Invesco has bought a brownfield

schedule 22 January 2025
Opr./edited by JC

Invesco Real Estate has acquired a post-industrial site in Bruchsal for Invesco Real Estate Europe Fund III. The 80,000 sqm site will be revitalised in cooperation with Propel Industrial.

Warehouse & industrial

Poland Four new tenants at MDC²

schedule 22 January 2025
Opr./edited by ANZ

MDC², which is developing the MDC² Park Kraków South warehouse complex in Skawina near Kraków with investor Generali Real Estate, has signed four leases for a total of nearly 16,000 sqm. The companies have taken warehouse and office space.

Office & mixed-use development

Poland Atlas Ward is responsible for the redevelopment of V Tower

schedule 21 January 2025
Opr./edited by ANZ

Atlas Ward appointed as general contractor for the redevelopment of V Tower. The green modernization of the office building at ul. Chmielna in Warsaw has entered its decisive phase. The work began in January and is scheduled to be completed by the end of August.  

Warehouse & industrial

Poland InterPadel is the first tenant at MLP Business Park Poznań

schedule 21 January 2025
Opr./edited by ANZ

MLP Group has signed a lease agreement with a company operating a network of padel centers  in Poland. InterPadel will occupy approx. 2,800 sqm of space at MLP Business Park Poznań. The facility is scheduled for handover in December 2025. 

Latest in Green projects

schedule 20 September 2023

EIB grants CTP solar-powered €200m loan

Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation programme across its European business park portfolio.

schedule 20 September 2023

Cromwell granted €66m green loan for Janki

Real estate investor and fund manager Cromwell Property Group has secured a EUR 66 mln green loan for the 61,000 sqm Janki shopping centre on the southern outskirts of Warsaw.

schedule 31 July 2023

Pad Res to build 2 PV farms in Pomerania

Pad Res, a joint venture between Griffin Capital Partners and Kajima Europe, is to build two photovoltaic farms in Pomerania with a total capacity of 117 megawatts.

schedule 10 May 2023

KGAL invests more in Polish green energy

German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.

schedule 18 April 2023

CTP holds the record

The newly constructed warehouse, which has expanded CTPark Prague West, has been certified as the most environmentally friendly industrial building in the Czech Republic according to ‘BREEAM New Construction’ standards, with a record score of 92.1 pct. The building is home to Rhenus Logistics, which uses it as a cross-dock for its pan-European network for collection services and warehousing.

schedule 28 March 2023

Very Green Norblin

Owned by the Capital Park Group, the Warsaw mixed use complex Norblin Factory has received the final BREEAM certificates for both its office and retail sections. A photovoltaic system has been installed in the complex, and the managers are continuing their efforts to steadily reduce the property’s carbon footprint.

schedule 22 March 2023

Platinium P180

Energy consumption reduced by almost 48 pct, almost 4 mln litres of water saved in a year and CO2 emissions reduced by more than 3,900 tonnes - these are the savings generated by the Warsaw P180 office building, developed by Skanska in Warsaw by the Wilanowska metro station. The investment has just received LEED Core & Shell certification at the Platinum level.

schedule 03 March 2023

First large carbon net zero mall

Docks Bruxsel in Brussels has received a CO2 neutrality certificate from CO2logic/South Pole. It is the first large shopping centre in Europe to receive this certification.

schedule 24 February 2023

Outstanding in Szczecin

Panattoni has received an "Outstanding" rating under the BREEAM International New Construction system for Panattoni Park Szczecin III halls A and B. This is the first such high level of certification in the industrial real estate market in Poland for a newly built investment.

schedule 20 February 2023

CA Immo’s green lease initiative

CA Immo has concluded 45 lease agreements with a total of nearly 29,000 sqm of office space in Warsaw in the past year, 20 pct of which in Q4 of 2022. The company has also introduced a green lease initiative in 2022, governing mutual commitment of landlord and tenant to optimize sustainable building operations. Since May 2022, 23 green lease agreements have already been concluded.

schedule 08 February 2023

.Ktw II is excellent

.Ktw II office building, developed by TDJ Estate, has been certified BREEAM at the Excellent level. The document is the final assessment of the investment's environmental impact. The building achieved a score of 80.6 pct.

schedule 31 January 2023

Towards a sustainable future

Globalworth received 47 various ESG related certifications for its Romanian portfolio in 2022, among them LEED, BREEM, WELL Health & Safety and Access4you accreditations.

schedule 18 January 2023

Life beyond the wind

Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of its locations environmentally friendly outdoor furniture made from former wind turbines can already be found, and in 2023 similar furniture is to appear in another 100 locations.

schedule 10 January 2023

Very Good news for Etele Plaza

Futureal’s Etele Plaza in Budapest has received BREEAM 'Very Good' certification in the retail category.

schedule 28 November 2022

Windy in Kostomłoty

Bilfinger Tebodin has completed work on a 27 MW wind farm in Kostomłoty in the South-West of Poland. The investment was carried out by Polenergia, Poland's largest private energy group.

schedule 21 November 2022

Photovoltaics works for Warsaw Unit

Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022.  The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.

schedule 07 November 2022

Strabag launches C3 pilot project in Bremen

C3, the Circular Construction & Technology Center project in Bremen is the Strabag’s first competence centre for sustainable circularity. It will be focused on resource reprocessing, it will be energy self-sufficient and climate neutral.

schedule 30 September 2022

Outstanding in the Clubhaus

Czech developer CTP has obtained the first BREEAM ‘Outstanding’ certification – the highest possible level – of its Romanian portfolio for the Clubhaus multifunctional building, part of the CTPark Bucharest West industrial park.

schedule 23 September 2022

Well renewal for Spark C

The fifth floor of the Spark C building in Warsaw, which houses the head office of the Skanska’s commercial development business unit in the CEE region, has just been obtained a renewal of its Well Commercial Interior certificate. This is the first such recertification in Poland and the CEE region, and the second in Europe.

schedule 23 August 2022

Well Health-Safety for Globalworth’s Polish portfolio

All 17 properties in the Polish portfolio of Romanian developer Globalworth have obtained Well Health-Safety Rating certification.

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Edition 1 (295) January 2025

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