News

Warehouse & industrial

POLAND Panattoni to build Reynaers plant outside Warsaw

schedule 22 March 2021
Opr./edited by NN

Panattoni is to develop a 31,000 sqm warehouse and production plant for Reynaers Aluminium on a site chosen by the latter in Urzut, about 30 km southwest of Warsaw.

Office & mixed-use development

POLAND Lux Med and Hilti fill up Royal Wilanów

schedule 22 March 2021
Nathan North
managing editor

Two new tenants have been secured for Royal Wilanów, a mixed-use building in Warsaw’s Wilanów owned and managed by the Capital Park Group. As a result, the property is now fully-leased.

Investment & finance

HUNGARY GTC acquires Váci Greens D

schedule 22 March 2021
Nathan North
managing editor

Globe Trade Centre has acquired the Váci Greens D office building in Budapest from SkyGreen Buildings for an undisclosed sum.

Events

Polska Are these the days of our lives?

schedule 19 March 2021
Eurobuild Conferences

These Are The Days Of Our Lives’ is both the title of a piece of music by a well-known British rock band and also the title of one of the discussion panels at the 7th INVESTED INTEREST – Investment Market Conference.

Warehouse & industrial

POLAND 7R in record-breaking form

schedule 19 March 2021
Nathan North
managing editor

Polish industrial developer 7R has broken its record for space under construction, reaching 361,000 sqm at the end of last year – an increase of 30 pct y-o-y.

Office & mixed-use development

POLAND MBank happy in Tryton

schedule 19 March 2021
Nathan North
managing editor

MBank has extended its 1,500 sqm lease in the Tryton Business House office complex in Gdańsk, which is owned by Globalworth.

Office & mixed-use development

HUNGARY First Budapest Radisson to open in BudaPart

schedule 19 March 2021
Nathan North
managing editor

Property Market has announced that this year it has begun the development of BudaPart Downtown, the fourth phase of its large-scale BudaPart mixed-use development project in Budapest. Along with office space, the building will include the city’s first Radisson hotel.

Green projects

POLAND Olivia “the most health-safety in the world”

schedule 19 March 2021
Nathan North
managing editor

Olivia Business Centre in Gdańsk has achieved the maximum possible Well Health-Safety rating. According to the owner of the complex, this is the first such result recorded globally.

Hotels

CEE region Underlying demand still strong in Bucharest

schedule 18 March 2021

The Bucharest hotel market continues to receive attention from hotel operators looking to expand their chains.

Office & mixed-use development

CEE region Workers love the office

schedule 18 March 2021

Since the first lockdown, the number of people working only from the office has increased by 26 pct according to the latest study commissioned by Skanska.

Investment & finance

Echo raises PLN 195 mln

schedule 18 March 2021

Echo Investment has placed bonds worth PLN 195 mln with institutional investors.

Hotels

Poles want to go on vacation

schedule 18 March 2021

Poles are returning to hotels in holiday resorts more willingly than in the spring of 2020 but business hotels are still waiting for guests.

Warehouse & industrial

POLAND Specjał tenant for Panattoni Park Czeladź V

schedule 17 March 2021
Opr./edited by NN

Polish FMCG distributor Specjał has leased 6,500 sqm of warehouse and office space in Panattoni Park Czeladź V.

Warehouse & industrial

POLAND Accolade invests EUR 33 mln in Białystok park

schedule 17 March 2021
Nathan North
managing editor

Czech industrial developer Accolade is to build two warehouses in Białystok with a total area of 38,000 sqm in an investment of EUR 33 mln.

Investment & finance

CENTRAL EUROPE Watchdog to look into RPPK’s Immofinanz share purchase

schedule 17 March 2021
Nathan North
managing editor

The Austrian Takeover Commission has decided to review whether an obligation was breached to launch a takeover offer for Immofinanz after the acquisition in February 2020 of a stake in the Austrian real estate company by RPPK Immo – a vehicle owned by Ronny Pecik and Peter Korbačka.

Investment & finance

CZECH REPUBLIC Nová Karolina Park sold as plans revealed for 200m Ostrava skyscraper

schedule 17 March 2021
Nathan North
managing editor

Passerinvest has sold the Nová Karolina Park office building in Ostrava to local investment group RT Torax Group for an undisclosed sum.

Retail & leisure

Romania Kalvin Klein and Tommy Hilfiger in Militari

schedule 17 March 2021

Kalvin Klein and Tommy Hilfiger have both opened stores in Fashion House Outlet Centre Militari in Bucharest.

Investment & finance

Europe All steam ahead for Trei

schedule 17 March 2021

Trei Real Estate saw its development portfolio rise in value by 33 pct to EUR 1.2 bln of which EUR 1 bln was invested in residential projects and around EUR 200 mln was invested in retail.

Interior design

Hungary MádiLáncos redesigns Arena

schedule 17 March 2021

The MádiLáncos Studio has been commissioned to design the interiors of Arena Corner.

Warehouse & industrial

Poland High demand for warehousing

schedule 17 March 2021

Up to 4 mln sqm of warehousing could still be developed around the eight largest urban areas in Poland, according to JLL and Segro.

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