News

Talyo Property Services commenced the property management of the 'roomments.apartmenthouse' in Stuttgart. The cooperation started last month and covers commercial and technical property management as well as letting and warranty management of the property completed in 2019.

Czech Republic Shadows over Brno market

Office & mixed-use development

According to the experts from Cushman & Wakefield, the interest of international companies to locate their headquarters in Brno has gradually cooled. Decision-making processes have slowed down, attitudes are reserved and willingness to make long-term commitments is low.

Poland Konstruktorska Business Center fully leased

Another international company has joined the group of tenants in the building owned by the Golden Star Estate Group. A provider of translation, global digital marketing, and content management has leased the last 14,000 sqm of high-quality office space at Konstruktorska Business Center.

Poland Eika enters Poland and picks up Celebro

White Stone has sold the Celebro office building in Warsaw for an undisclosed sum to a Lithuanian newcomer to the Polish market – Eika Asset Management, on behalf of the Eika Real Estate Fund.

Poland Euro Logistics leases in Janki

Office & mixed-use development

Opr./edited by JC

Euro Logistics, a provider of integrated logistics solutions, has leased close to 2,700 sqm of warehouse space in Panattoni Park Janki IV near Warsaw. The company has a track record in freight forwarding by road, providing both FTL and LTL shipping.

ROMANIA Rödl & Partner opts for Gara Herăstrău

Rödl & Partner Romania has signed a seven-year lease for more than 1,000 sqm in Globalworth’s Gara Herăstrău office building in Bucharest.

BULGARIA CTP adds 15k at Sofia Airport for DSV

Czech industrial developer CTP has delivered a 15,000 sqm logistics facility at CTPark Sofia Airport to the park’s anchor tenant DSV.

POLAND TEL RED sells Kalisz sheds

TEL Real Estate Developer has sold 20,000 sqm of logistics and industrial facilities in Kalisz for an undisclosed sum. The logistics real estate has been acquired by MNK Partners and the industrial property by Konveyor.

Residential

Romania 248 apartments from Interdraw

28 February 2023

Interdraw has obtained the building permit for Sungate Apartments, a residential project with 248 apartments in Bucharest. The market value of the investment is over EUR 30 mln.

Poland Electrifying news from Volvo

28 February 2023

Volvo Cars has announced plans to open its first Tech Hub in Poland - the software development centre in Kraków is to play a key role in the company's strategy to become an all-electric brand and a leader in new technologies by 2030.

Hotels

Poland Shed for students near the Wawel

Shed Living Kraków, a private student residence, is set to open in October this year in Kraków. The chain's first project in Poland has yet to be officially announced, but, as Eurobuild has learned, the dormitory will offer 566 fully equipped rooms for 722 students, as well as a range of amenities and services. The chain is planning further openings.

Poland Megima moves into Fortress Logistic Park Bydgoszcz

Office stationery supplier Megima has leased 1,500 sqm of warehouse space and around 150 sqm of social and office space in Fortress Logistic Park Bydgoszcz.

Polska Warehouse for GTV topped out

Opr./edited by JC

Structural work on a warehouse facility for GTV has been completed at the MLP Pruszków II logistics park. The topping out ceremony was attended by representatives of MLP Group, the tenant, Pekabex as the general contractor, and subcontractors. The 32,000 sqm facility is scheduled for completion and occupancy in April this year.

Poland Wrocław Campus changes hands

Panattoni has sold its Wroclaw Campus warehousing project to P3 Logistic Parks for an undisclosed sum. The transaction is Prague-based P3’s fifth acquisition in Poland.

Hotels

POLAND Radisson opens 18th Polish hotel in Ostróda

Office & mixed-use development

A Radisson Blu Resort hotel has opened in Ostróda, in Poland’s Masurian lake district.

ROMANIA One United to begin EUR 400 mln project

One United Properties has acquired almost 5 ha in Bucharest’s Cotroceni district for EUR 35 mln, on which it is planning a mixed-use development.

Poland Glazing added to Panattoni Park West III

Panattoni is launching the development of its latest park in the western part of the Kraków region - Panattoni Park Kraków West III. A double-glazing components producer is to take up a 9,400 sqm BTS building, which the developer is to deliver in Q3 of this year.

CEE REGION Nepi Rockcastle breaks own record

Nepi Rockcastle has reported a record net operating income of EUR 405 mln in its 2022 full-year results - up 17 pct from 2021 and driven by strong tenant turnover and base rental growth. This performance was achieved against a challenging economic background, marked by high inflation, rising interest rates and the energy crisis triggered by the war in Ukraine.

Retail & leisure

Poland Turawa Park ready for extension

Focus Estate Fund will soon start work on the extension of the Turawa Park shopping centre in Opole. The end of the redevelopment is scheduled for the fourth quarter of this year.

Green projects

Poland Outstanding in Szczecin