Residential
Ronson Development published its Q1-3 2022 financial report. Company’s total revenue amounted to PLN 199.4 mln, vs. PLN 349.4 mln in Q1-3 2021. The revenue decreased by PLN 150 mln, which is primarily explained by lower number of units delivered.
Residential
Cordia, Hungary's leading residential property developer, is adding more than 500 homes to its supply in three developments. This autumn, the company puts up more than 500 apartments for sale in the Hungarian capital’s most popular green belt and city centre locations. The new buildings’ energy ratings will be AA, meaning that their energy consumption is extremely low.
Office & mixed-use development
The first phase of Budapest One, located at Őrmező, the largest multimodal transport hub in Hungary, has received WELL Platinum certification. The office building is the first in Hungary to meet the highest requirements of the International Well Building Institute (IWBI).
Investment & finance
According to Savills, the total investment volume for Purpose Built Student Accommodation (PBSA) in Europe reached 11.7 billion euro in the first three quarters of 2022, a 130 pct increase on the same period in 2021 and a record high.
Office & mixed-use development
Colliers has taken over the management of the Tensor office complex in Gdynia, which belongs to a partnership between Czech open-ended real estate fund Investika and Luxembourg private equity investor Bud Holdings. Colliers' regional office will also support the owner in the commercialisation of the property.
Retail & leisure
The Fortis Group, which is developing retail parks under the Premium Park brand, is currently planning the construction of five more facilities. Shopping centres in the smaller and smaller Polish towns remain of interest to developers, tenants and international investors.
Office & mixed-use development
CTP reports strong like-for-like rental growth of 4.3 pct and occupancy improvement – while expanding its portfolio to 9.9 million sqm and realising a yield-on-cost of above 10 pct.
Warehouse & industrial
Commercecon has completed the construction of a plant for SungEel Hitech Poland. Battery recycling for the automotive industry will start soon in Bukowice, Lower Silesia.
Warehouse & industrial
A global provider of interior design products is joining MLP Poznań West as a new tenant. Cosentino Poland will occupy a total of over 4,100 sqm of modern space that will also include a showroom. The facility is slated for handover in early 2023.
Warehouse & industrial
7R has completed the sale of 7R Park Goleniów II to Macquarie Asset Management. The BTS format warehouse, which is under development in Goleniów near Szczecin, comprises 62,500 sqm of modern logistics space and 3,100 sqm of office space. It is fully leased to German e-commerce company Fiege.
Warehouse & industrial
Construction of the last hall at GLP Kraków Airport Logistics Centre is underway. Cummins will be the main user of the new facility, which is being constructed within the GLP logistics park in Modlniczka near Kraków. The building is expected to be ready next spring.
Warehouse & industrial
Panattoni has signed another contract with a logistics operator. Hart Logistics has started using warehouse space in Panattoni Park Pruszków V a month after signing its lease agreement.
Office & mixed-use development
US real estate investor Prime Kapital has announced that it is to develop a large-scale urban regeneration project on a brownfield site in Cluj-Napoca in northwest Romania.
Warehouse & industrial
Prologis is to develop a new 10,000 sqm building for BMW at Prologis Park Bratislava, where the German automotive group is an existing tenant.
Retail & leisure
Strabag Real Estate has begun the demolition of Galeria Plaza in Kraków to make way for its development of a multifunctional complex.
Investment & finance
Vienna-based S Immo has finalised the acquisition of eight office buildings and a plot of land in Budapest from its new parent company and majority shareholder, Prague-based CPI Property Group, for EUR 238.3 mln.
Office & mixed-use development
The current geopolitical situation has destabilised energy markets, with the real estate also affected by rising electricity prices. Existing buildings account for close to 55 pct of energy consumed by the construction industry globally and for over 35 pct of greenhouse gas emissions, while almost 75 pct of buildings in the European union fail to meet energy performance requirements.
Office & mixed-use development
Office investment dominated the first half of 2022, as the most traded asset type in the CEE countries. It accounted for 2.5 billion euro which was 42 pct of the total investment volume in the region - reveals a new report by Colliers.
Office & mixed-use development
According to a report published by real estate advisory firm Newmark Polska, vacancy rate held firm in Poland’s regional city office markets throughout Q3 of this year along with the moderate occupier and developer activity.
Warehouse & industrial
Panattoni has completed the first zero-emission factory in the global portfolio of Danfoss - Danfoss is a producer of energy- efficient components and technological solutions for sectors that include cooling and air-conditioning, heating and electric motors. The investment has been built as part of an industrial campus in Grodzisk Mazowiecki.
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Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022. The installat ...
Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the l ...
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Swiss railway terminal operator Hupac has completed the development of a railway terminal in Brwinów, about 30 km west of Warsaw city centre.
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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 commercia ...
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Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.
Following a tender, Allianz Real Estate has appointed Multi Corporation to be the property and asset manager for the Central shopping centre in Bratis ...
The renovation of the Darius and Girėnas Stadium in Kaunas has been completed. The grand opening will take place in mid-October, when the stadium will ...
Finnish developer YIT has acquired two plots in Kraków for residential projects, as well as land in Warsaw and Gdańsk – two markets where it is alread ...
Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in ...
Bright Spaces has announced a partnership with CA Immo Hungary to digitally showcase five of the latter’s buildings.
Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchase ...
