REICO acquires Panattoni Park Tychy DC1 in Poland
The ČS nemovitostní fond, managed by REICO, is acquiring Panattoni Park Tychy DC1 in Poland. The value of the acquisition is around CZK 1.1 billion (€42 million). This brings...
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Palmira acquires last-mile logistics property for European Core Logistics Fund
Palmira Capital Partners (Palmira), one of Europe’s leading investors and asset managers for logistics and corporate real estate, has acquired a further property from a Polish investor for the...
Business services centres set to benefit from new government grants
Reduced market entry thresholds, a simplified qualitative assessment of investment projects, and a higher level of support in selected locations are the major changes in the government’s grant programme...
New shopping center Nikolsky opens in Kharkiv
A new shopping centre Nikolsky has opened in the heart of the Ukrainian city Kharkiv – with 106,000 sqm of GBA, 53,000 sqm of GLA, and 700 parking spaces....
Bluehouse Capital sells Zagreb shopping centre
Bluehouse Capital has sold the Point Shopping Center in Zagreb. CBS International, part of the Cushman & Wakefield Group, acted as advisor on the deal as an exclusive sales...
Developers shifting into a higher gear on Riga’s office market
Take-up on the Riga office market in the first half of 2021 reached pre-pandemic levels. Seeing the market’s potential, investors are moving ahead with office development projects focused on...
Ibis Bucharest Politehnica Hotel opens
The newly built ibis Bucharest Politehnica features 158 comfortable rooms, an Albert’s Place restaurant, a bar, a conference area for up to 150 guests as well as its own...
Arete acquires production and storage complex near Prague
Czech investor Arete Group’s third fund focused on quality industrial and logistics assets in the CEE region, completed the acquisition of a production and storage facility near Beroun, 20...
Panattoni adding around 25,000 sqm to Panattoni Park Siedlce
Panattoni is building a distribution centre in Siedlce and by doing so it is also opening up a new market for modern warehousing space. Panattoni Park Siedlce comprising 24,600...
IKEA places its Romanian wind energy operations under the same umbrella
Ingka, the company in the IKEA group that controls seven companies in the Romanian wind energy sector, has decided that one of them will absorb all the others, Economica.net reported....
High development activity leads to a record amount of space under construction
The Polish warehouse market experienced robust occupier demand in H1 2021, with take-up at 3.3 million sqm. Logistics companies and e-commerce retailers accounted for over half of all space...
EBRD lends €67.5 million for greening buildings in Lithuania
Addressing a core issue in the effort to improve the use of energy in Lithuania, the European Bank for Reconstruction and Development (EBRD) is lending €67.5 million to support...
