News

The Scallier retail park in Focșani around 190 km from Bucharest is to open on 11th November. this year.

HUNGARY Futureal loaned EUR 60 mln for Budapest One 2

Hungarian developer Futureal has secured a ten-year, EUR 60 mln loan (app HUF 21.5 bln) from Erste Bank to finance the construction and operation of the second phase of the Budapest One office park.

Warehouse & industrial

POLAND Clipper expands in P3 Poznań

A 6,000 sqm warehouse with office and social space is being built for Clipper Logistics in P3 Poznań.

Investment & finance

HUNGARY S Immo buys BudaPart Gate

Austrian real estate investor S Immo has acquired the BudaPart Gate office building in Budapest from local developer Market Asset Management for an undisclosed sum.

Retail & leisure

Poland Trei builds in Skarżynsko-Kamienna

Trei Real Estate Poland has started the construction stage of a Vendo Park retail park in Skarżynsko-Kamienna between Kielce and Radom.

Residential

Poland Housing market tightens

The residential market’s third-quarter performance was markedly weaker than the first six months of 2021, both in terms of sales and new supply, according to the Residential Market in Poland - Q3 2021 report by JLL.

Events

POLAND The economy over a coffee

Eurobuild Conferences

Eurobuild’s 27th Annual Property Market Convention in Poland is now almost upon us. As usual, you will be provided with a summary the past year in the commercial real estate sector. Our panels of experts will examine the state of the key market segments – office, retail, PRS, warehousing and investment. We will also discuss how ESG is changing the face of the entire sector.

Eurobuild FM

Poland Jonathan Cohen on the photovoltaic revolution [Eurobuild FM]

Eurobuild CEE

As Poland rises to 4th place in the EU in terms of the growth of photovoltaic installations, Jonathan Cohen of Colliers tells us more about how their use can raise the value of properties by fulfil stricter renewable energy commitments, meeting green bond obligations and, basically, saving money as energy costs soar.

Construction

POLAND Warsaw psychology faculty takes shape

Opr./edited by NN

Work is progressing on Mostostal Warszawa’s construction of a new building for the Faculty of Psychology of the University of Warsaw, having now reached the foundation slab stage.

Residential

POLAND Smartti gets started

Danish investor NREP and Finnish developer YIT have laid the foundation stone for the Smartti Mokotów PRS development in Warsaw.

Investment & finance

Europe Investors catch their breath

Investment activity continues to rise according to the latest figures from Colliers.

Poland Vastint goes flex

Vastint Poland has expanded the services it offers with the rental of fully furnished flexible office space. Modules are available with areas of 300 sqm to 400 sqm.

Hotels

Hungary Crowne Plaza opens in Budapest

Crowne Plaza Hotels & Resorts has opened its first hotel in Budapest.

Material partner

Sustainable attraction

"Our research shows that 65 pct of employees in the CEE region want to work in a certified sustainable office. We expect that tenants will opt to migrate to new buildings that suit their needs better", admits Paweł Warda of Skanska Commercial Development Europe

Investment & finance

POLAND Land market set for record-breaking year

The 2021 transaction volume on the Polish land market is set to break the annual record and could be as much as 60 pct higher than the best year so far, according to consultants Walter Herz.

Warehouse & industrial

POLAND Panattoni sells two in west Poland to Hansainvest

Panattoni has sold two logistics facilities in western Poland for an undisclosed sum to the Hansa Europe Logistic Fund (HELF), which is managed by German real estate investor Hansainvest Real Assets.

LITHUANIA Record Q3 demand for Vilnius offices

Opr./edited by NN

Demand on the Vilnius office market hit historic highs in Q3 2021, with more office space leased than in any quarter since monitoring of the market began in 2016, according to real estate advisory Newsec.

Poland Warsaw to be hit by undersupply

05 November 2021

Total office take-up for Q3 2021 hit 149,300 sqm, up by 35 pct on Q3 2020 while the vacancy rate stood at 12.5 pct, representing an increase of 2.9 pp year-on-year, according to the latest figures from Cushman & Wakefield.

Retail & leisure

Shopping safety still major concern

05 November 2021

Personal safety is still a key factor in feeling at ease in retail spaces according to the latest Cushman & Wakefield report.