Hungarian Government to accelerate investment in rust zones
The concept of “rust zones” was introduced by the Hungarian legislation in 2020, covering neglected area reserves. Rust zones, due to the expansion of the cities, are now wedged...
News
EBRD invests €30 million in the Slovak Republic’s inaugural green bond
The European Bank for Reconstruction and Development (EBRD) has supported the Slovak Republic’s first green bond issuance with a €30 million investment in the senior preferred paper. The total...
UiPath CEO Daniel Dines officially becomes Romania’s richest man
UiPath, the biggest robotic processing automation (RPA) company in the world, launched by two Romanian entrepreneurs in Bucharest in 2005, has set a price of USD 56 per share...
What can be done to change the negative impact of real estate on the environment?
Sustainability, including energy efficiency, in the real estate sector, is improving by the year. However, the pace of change is not fast enough to offset the growing energy demand....
IKEA starts work on its third store in Romania
Swedish group IKEA, the largest furniture retailer globally, has started building a new store in Romania, in Dumbravita – near Timisoara. This will be the third IKEA store in...
Macquarie completes acquisition of €190 million Polish logistics real estate portfolio
Macquarie Asset Management has acquired the final asset in a €190 million logistics real estate portfolio in Poland on behalf of Bayerische Versorgungskammer (“BVK”), Germany’s largest pension fund. The...
Carrefour to stay in Morski Park Handlowy
Carrefour has extended its lease agreement with Morski Park Handlowy for another 5 years. Following a recent expansion and new tenant mix, the centre is now among the most...
Urban Jungle chooses Globalworth offices for more creative work
Urban Jungle, a creative agency for the real estate and architecture sectors, has chosen the Skylight & Lumen complex in Warsaw for its new offices. The office complex is...
Warimpex receives building permit for its office complex in Białystok
Warimpex has received a building permit for its office complex in Bohaterów Monte Cassino street in Białystok. As part of the project, buildings with a total area of 36,000...
Work starts on Panattoni Park Wrocław West Gate
European industrial real estate leader Panattoni has started its latest development in Lower Silesia. Work has begun on the construction of Panattoni Park Wrocław West Gate, which will eventually...
Sinsay selects MAX in Tarnów
Fashion brand Sinsay, which is owned by LPP, has signed a lease agreement for more than 900 sqm in the MAX shopping centre in Tarnów. This will be the...
Poland’s retail market going through significant changes
JLL summarized the conditions on Poland’s retail market at the end of the first quarter of 2021. Between January and March 2021, nearly 93,000 sqm of retail stock was...
