News

Austrian automation company Knapp has bought a 30,000 sqm industrial plant near Veszprém from lawnmower producer MTD Hungary for an undisclosed sum.

Infrastructure

ROMANIA Strabag awarded EUR 111 mln Oradea contract

Austrian construction firm Strabag has been awarded an EUR 111 mln contract to build a 19 km dual carriageway between Oradea and the A3 motorway.

Warehouse & industrial

POLAND Tenth building with new tenants for 7R Park Kraków

Polish industrial developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city.

POLAND Koneser up for sale

BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

POLAND Colliers chosen for University Business Park

Architecture and urban planning

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

CZECH REPUBLIC Dutch duo wins Brno station design competition

Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic.

Green projects

ROMANIA NEPI obtains EUR 73 mln green loan

The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, for the development of sustainable real estate in Romania.

POLAND Warsaw office vacancy hits 12 pct

At the end of Q2 2021, the total modern office stock in Warsaw amounted to almost 6.1 mln sqm, according to the latest figures from PINK (the Polish Chamber of Commercial Properties). The vacancy rate was up by 1.1 pp q-o-q and by 4.6 pp y-o-y to 12.5 pct.

POLAND Apple Museum at Norblin Factory

A museum dedicated to Apple products is to open in the Norblin Factory complex in the autumn with 1,500 exhibits related to the development and evolution of the company’s technology.

Infrastructure

POLAND Warbud to build new Kostrzyn bridge

Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.

Retail & leisure

CZECH REPUBLIC Patria buys two retail parks

Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc district of Moravia.

Public buildings

POLAND Złota 44 sales hit record figures

In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.

POLAND City takes up 12,000 sqm in Widok Towers

Warsaw city council has leased 12,000 sqm in the newly completed Widok Towers in the centre of the capital.

POLAND Axi Immo happy in Spektrum and Muchowiec

Industrial and office agency Axi Immo has renewed the leases for its premises on the top floor of Spektrum Tower in Warsaw’s CBD as well as in Muchowiec Active Park in Katowice.

HUNGARY RTL to broadcast from Liget

RTL Services, the business services company for Magyar RTL Televízió, has signed a long-term lease for space in the Liget Center and the Liget Auditórium office buildings in Budapest, which are owned by Wing.

Retail & leisure

ROMANIA Scallier buys Timişoara project for FunShop Park

Polish developer Scallier has acquired a retail park development from Oasis Retail & Development Consulting in Timişoara for an undisclosed sum.

Investment & finance

ROMANIA Austrian office investors pump up the volume

Almost EUR 300 mln was invested in Romanian real estate in H1 2021, according to figures provided by Cushman & Wakefield Echinox. A large contribution to the volume was provided by the increased activity of Austrian office investors.

Retail & leisure

HUNGARY Spar invests across Hungary

Spar Hungary has recently opened two new supermarkets and reopened two refurbished stores in an investment of EUR 5.3 mln in its Hungarian store network.

Warehouse & industrial

POLAND MLP Poznań West to grow by 43,000 sqm

MLP Group has contracted Poznań-based W.P.I.P. to expand its MLP Poznań West project in Dąbrówka on the city’s western outskirts. The general contractor is to build more than 43,000 sqm of new space, with the construction work due to begin by the end of this month.

Infrastructure

CZECH REPUBLIC Skanska wins EUR 77 mln D55 contract