European PBSA investments increase by 130% y-o-y
According to Savills, the total investment volume for Purpose Built Student Accommodation (PBSA) in Europe reached €11.7 billion in the first three quarters of 2022, a 130 percent increase...
News
P3 posts strong operational and financial performance, despite macroeconomic volatility
P3 Group announced the results for the first half of 2022. The European long-term investor, manager and developer of warehouse properties reports strong growth of its net rental income...
Construction activity at record low on Warsaw’s office market
Q3 2022 in the Warsaw office market saw record-low developer activity. At the end of September, only 160,000 sqm of space was under construction. As a result, new supply is...
Over €4 billion invested in Romania’s largest real estate projects
On a national level, large-scale real estate projects started in the first part or in the middle of the year are worth around €4 billion, according to public data...
E.ON consolidates offices in Record Park Cluj-Napoca
E.ON Business Services Cluj, one of the largest employers and most active players in the business support services field in Cluj-Napoca, will relocate its centre to Record Park, the...
Cargus is the first resident of CTPark Oradea Cargo Terminal
CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania,...
Hyatt Place Krakow Celebrates Official Opening
Hyatt Hotels Corporation announced the opening of Hyatt Place Krakow, marking the first Hyatt hotel in the city. The hotel represents the return of the Hyatt brand to Poland,...
Just In Time extends lease in Gliwice
The Polish logistics operator will continue to use warehouse space at the MLP Gliwice logistics centre. A provider of storage, transport, distribution and customs clearance services, Just In Time...
BT invests in new office in Debrecen
BT (British Telecommunications) announced a signing of a new agreement to relocate its operations in Debrecen to a state-of-the-art office in Great Forest city park, Forest Offices. Around 500...
VGP develops distribution center for Amazon in Premstätten
The VGP Group, a European provider of high-quality logistics and commercial real estate, is developing and constructing a distribution centre and parking garage for the online retailer Amazon at...
Strong office demand amid growing undersupply in Warsaw
According to real estate advisory firm Savills, development activity has cooled dramatically in the Warsaw office market. There is currently close to 230,000 sqm under construction, of which just...
Fewer flats sold on Poland’s primary markets
Q3 2022 saw up to a 30 percent q/q drop in the number of flats sold on the primary markets of Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź....
