News

Warehouse & industrial

Czech Republic Panattoni completes largest development of the year

schedule 04 November 2021

The grand opening ceremony has been held for the extended Tchibo distribution centre in Panattoni Park Cheb.

Warehouse & industrial

CZECH REPUBLIC GLP starts work on Brno park

schedule 04 November 2021
Opr./edited by NN

GLP has started the construction of GLP Park Brno Holubice, after receiving the approval of the local authorities for the project.

Warehouse & industrial

CZECH REPUBLIC VGP enlarges Olomouc park for Ardon

schedule 04 November 2021
Opr./edited by NN

VGP has started work on warehouse F of VGP Park Olomouc in Moravia after obtaining a building permit for its construction.

Investment & finance

CZECH REPUBLIC Schönfeld buys Brno plant from RSBC

schedule 04 November 2021
Nathan North
managing editor (English section)

Schönfeld & Co’s Premium Real Estate Fund has acquired the 17,000 sqm Reda logistics complex in Brno’s Slatina district for more than CZK 300 mln (app. EUR 11.8 mln) from RSBC.

Office & mixed-use development

Romania Workers long for the office

schedule 03 November 2021

Romanian employees wish to return to the office, which they associate with a return to normality, according to the ‘Back the Office’ report published by Cushman & Wakefield Echinox.

Warehouse & industrial

Czech Republic Busy time for Panattoni

schedule 03 November 2021

Panattoni had 300,000 sqm under construction in the Czech Republic during the third quarter of the year, making it the country’s most active warehouse and industrial developer.

Retail & leisure

Poland Foundation stone laid under Karuzela Puławy

schedule 03 November 2021

Construction work has begun on the Karuzela retail park in Puławy with the laying of the foundation stone.

Architecture and urban planning

CZECH REPUBLIC Penta and friends buy Prague plot

schedule 03 November 2021
Opr./edited by NN

Penta Real Estate, Kaprain Group and Sekyra Group have purchased a 2 ha plot from the University of Chemistry and Technology in Prague (VŠCHT) at the western end of Vítězné náměstí square in Prague 6.

Investment & finance

CZECH REPUBLIC Revetas sells final three of Project Papa

schedule 03 November 2021
Nathan North
managing editor (English section)

London-based Revetas Capital Advisors has completed the disposal of the three remaining properties in its Revetas Capital Fund II’s Project Papa office portfolio in Prague, bringing its total transaction value above EUR 100 mln.

Property and Facility Management

Hungary Colliers takes on Green Court

schedule 02 November 2021

Colliers has taken over the property and facility management of the Green Court Office building developed by Codic on Dózsa György út in Budapest.

Investment & finance

Europe New post pandemic world emerges

schedule 02 November 2021

Investment in the European real estate market is forecast to exceed last year’s level by at least 15 pct to reach around EUR 270 bln in 2021, with the living sectors and logistics markets likely to account for a significantly higher proportion of total investment than their historic averages, according to the latest figures from Savills.

Office & mixed-use development

Poland Little office activity across Poland

schedule 02 November 2021

Office lease transactions remain depressed due to the adoption of hybrid work models, while the technology sector is proving the most active in leasing office space, according to JLL.

Office & mixed-use development

Poland Global Office Park nears completion

schedule 02 November 2021

Work on the roofs has begun for two of the towers in the Global Office Park project under development in Katowice by Cavatina.

Office & mixed-use development

ROMANIA ProfiCircle moves to Globalworth Plaza

schedule 02 November 2021
Opr./edited by NN

ProfiCircle, a B2B marketplace for storage solutions and shopfitting, has leased 520 sqm in the Globalworth Plaza office building in Bucharest.

Investment & finance

CENTRAL EUROPE CTP enters Germany with DIR takeover

schedule 02 November 2021
Opr./edited by NN

Czech industrial developer CTP is to enter the German market through the app. EUR 800 mln acquisition of German counterpart Deutsche Industrie REIT-AG (DIR).

Office & mixed-use development

POLAND Colonnade for Skyliner

schedule 02 November 2021
Opr./edited by NN

Colonnade Insurance is to move the headquarters of its Polish branch into the Skyliner office tower in Warsaw, where it has leased 1,500 sqm.

Investment & finance

CENTRAL EUROPE MLP to issue EUR 20 mln of bonds

schedule 02 November 2021
Opr./edited by NN

Polish industrial developer MLP Group is to issue another EUR 20 mln worth of bonds with a nominal value of EUR 1,000 per bond.

Warehouse & industrial

CZECH REPUBLIC Hines buys last-mile Prague park

schedule 28 October 2021
Opr./edited by NN

Hines Global has acquired Eastgate Park in Štěrboholy on Prague’s eastern outskirts from Charnwood for an undisclosed sum.

Warehouse & industrial

POLAND Panattoni goes to Głogów

schedule 28 October 2021
Nathan North
managing editor (English section)

Panattoni is starting work on a 111,000 sqm warehousing park in Głogów in Lower Silesia, having secured the tenancy of FM Logistic, which is to occupy 32,500 sqm of the first building.

Investment & finance

Poland Adventum buys a Mercedes

schedule 28 October 2021

Investment fund manager Adventum Group has purchased the Warsaw office of Mercedes-Benz on ul. Daimlera for an undisclosed sum.

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Edition 6 (308) June 2026

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