News

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.

Land acquisitions

Germany Garbe Industrial expands in Thuringia

07 November 2022

Garbe Industrial Real Estate has acquired a 47,000 sqm plot of land ready for construction in Thuringia, Germany, which can be used for both commercial and logistical purposes. Construction is expected to begin in Q2 of 2023.

CZECH REPUBLIC Fio banka signs biggest Masaryčka lease

Czech financial institution Fio banka has leased 5,400 sqm for its new headquarters in the Masaryčka office complex, which is under development in central Prague.

ROMANIA E.On moves BSS HQ to Record Park

E.On Business Services Cluj has leased 3,500 sqm of office space in the Record Park mixed-use complex in Cluj-Napoca in northwestern Romania.

CENTRAL EUROPE MLP Berlin full of diverse tenants

Polish developer MLP has revealed that the last of the four buildings under construction at MLP Business Park Berlin has been fully leased.

SLOVAKIA Arete bets on Dunajská Streda shed

Arete has completed the EUR 20 mln acquisition of a logistics park near Dunajská Streda, about 45 km southeast of Bratislava, from Gena Logistik.

Hotels

POLAND Hyatt makes Polish return in Kraków

The Hyatt Place Kraków has been officially opened, marking the return of the brand to Poland and its first opening in the city.

Retail & leisure

Romania Scallier moves on to Moșnița

Polish developer Scallier has started the construction of a retail park in Moșnița, on the southeastern outskirts of Timişoara.

Investment & finance

POLAND Catella sells Warsaw and Kraków student & PRS projects

Nathan North
managing editor (English section)

Catella has sold two fully-leased residential and student housing properties in Warsaw and Kraków to institutional investors in Austria and the Netherlands for more than EUR 60 mln.

Investment & finance

Poland Poland continues to attract investment

According to a survey conducted by Savills involving real estate investors with total EME assets under management exceeding EUR 500 bln, European multifamily, big box logistics, urban logistics, CBD offices and student housing are the top five sectors that investors are looking to invest in over the next twelve months.

Romania Regional markets thrive in Romania

In the last three months, a total area of over 109,000 sqm of modern office space has been leased in Romania’s largest cities, which means an increase of 9 pct compared to the previous year. The agreements included both new contracts and extensions of the old ones. Top cities that attracted the most office tenants in III Q of 2022 are, apart from Bucharest, Iasi, Cluj-Napoca and Timisoara.

Poland Spire full of benefits

Since the beginning of the year, five companies have leased a total of 10,000 sqm of office space in Warsaw Spire C, which represents almost half of the building. Four of the contracts are renewals, two contracts contained 'green provisions'. The office building's occupancy rate currently exceeds 96 pct.

POLAND WEG wedges into Panattoni Kraków West

WEG, a global electric motor and components manufacturer with Brazilian origins, has leased almost 2,200 sqm of warehouse and office space in Panattoni Park Kraków West.

Investment & finance

ROMANIA Forte sells U Center I to Pavăl

Nathan North
managing editor (English section)

Forte Partners has sold the first phase of its U Center office development in Bucharest to Pavăl Holding for an undisclosed sum.

Poland LX Pantos breaks 50,000 barrier

Korean logistics operator LX Pantos has increased the space it occupies in Panattoni Park Wroclaw XIII to 50,000 sqm. From this location the company provides services for LG Electronics, among other clients.

Poland Izohan opens 4th R&D centre

Izohan, a member of the Atlas group, has opened its fourth production facility – in Skarszewy, about 40 km south of Gdańsk.

Retail & leisure

POLAND Uniqlo opens first store in Poland

31 October 2022

Property and Facility Management

Japanese casual wear retailer Uniqlo has opened its first Polish pop-up store in the Domy Towarowe Wars Sawa Junior department store complex in Warsaw city centre.

SLOVAKIA Central mall management for Multi

31 October 2022

Following a tender, Allianz Real Estate has appointed Multi Corporation to be the property and asset manager for the Central shopping centre in Bratislava.

POLAND Ziehl-Abegg breezes into Prologis Łódź

31 October 2022

Prologis has started work on a 17,000 sqm BTS project at Prologis Park Łódź for German ventilation systems specialist Ziehl-Abegg.

BULGARIA GTC and Betahaus to co-work together

28 October 2022