Fortress acquires ELI Park 1 near Bucharest
Fortress, one of the largest real estate investments trusts (REITs) in South Africa, has reached an agreement with Element Industrial and Paval Holding and signed the acquisition contract for...
News
Norblin Factory receives an occupancy permit
The 46-month revitalization of the Norblin Factory in Warsaw’s Wola district, carried out by Capital Park Group, has come to an end. The complex has been granted an occupancy...
Skanska starts construction of Studio in Warsaw
Located between two metro stations – Rondo ONZ and Rondo Daszyńskiego, characteristic Xs in the architecture of the ground floor. These are just some of the distinguishing features of...
Savills explores current sentiment around hybrid working
87 percent of respondents believe that the physical office is essential for successful business operations, reveals a survey conducted by real estate advisory firm Savills. Additionally, 54 percent of...
RE-CONNECT ROMANIA, the first Romanian delegation to attend MIPIM
RE-CONNECT ROMANIA is the umbrella name for a business group encompassing five companies active in the local real estate market. The delegates’ mission is to bring forth opportunities for...
DL Invest Group sells retail centre in Zgorzelec
DL Invest Group has finalised the sale of the DL City shopping centre in Zgorzelec in Lower Silesia. The return on equity of the transaction is 253 percent and...
OmniOffice grows in The Warsaw HUB
OmniOffice, a serviced office operator has leased a further 1,500 sqm at The Warsaw HUB, an ultra-modern office complex at the Daszyńskiego Roundabout. In total, the company will occupy...
Construction on 960 large-scale projects in Poland valued at €150 billion
The growth potential of the Polish construction market will remain significant through 2026 on the back of the continuation of ambitious road and railway infrastructure projects, the required power...
Investor sentiment across the CEE region remains strong but volumes are down
According to Colliers, the CEE markets continue to feel some impact on transactional activity with flow volumes down ca. 22 percent Y-o-Y. Poland captured more than half of all...
Oxygen Park welcomes Parker Hannifin
Parker Hannifin, a global leader in motion and control technologies, has joined Oxygen Park as a tenant. The company has leased 712 sqm. of spacious modern premises located in...
E-commerce and automotive companies added to Panattoni Park Tychy
Panattoni is extending Panattoni Park Tychy and is to lease out over 38,000 sqm to two tenants. The first is Tiberina Group subsidiary U-Form, a leading supplier of components...
Investor interest in Prague hotels continues
The occupancy level in Prague’s hotels was just 10 percent during the first six months of this year, with revenue remaining far below the average of the pre-coronavirus years....
