7R developing a new R&D center for Polfa Warszawa
The global pandemic has clearly shown how important it is to secure drug supplies. In this way, warehouse and industrial developers are creating specialized buildings adapted to the needs...
News
Adventum acquires Hermes Business Campus in Bucharest
Belgium developer Atenor has reached an agreement to sell the Hermes Business Campus in Bucharest to Adventum Group. The 75,000 sqm, mixed-use project is located in one of the...
Polish fashion retailer LPP doubles logistic capacity in Bucharest
The largest Polish fashion retailer, LPP, which operates the Reserved, Cropp, Mohito, House, and Sinsay brands, will double its storage capacity in Romania. The new logistic facility will be...
pbb posts markedly higher pre-tax profit of €52 million in Q1 2021
Deutsche Pfandbriefbank AG (pbb) starts 2021 on a strong note. With a pre-tax profit of €52 million, the real estate lender exceeded the previous year’s figure of €2 million...
REINO-IO buys 5 logistics parks in Poland for UK’s Grosvenor Group
REINO-IO, an entity established by REINO Capital, a holding company listed on the Warsaw Stock Exchange, and IO Asset Management, a specialized industrial asset manager, expanded its managed portfolio...
Q1 sees €1.25 billion invested in Polish real estate mainly from Europe to office investments
In the first quarter of this year, €1.25 billion was spent on commercial real estate in Poland. This reflects a decrease of only 1.5 percent compared to the five-year...
KCG Partners reveals positive news on Hungary’s apartment market
The Hungarian Central Statistical Office released the price index of the apartment market regarding the fourth quarter of 2020. Surprisingly, regardless of the adverse effects of the pandemic, the...
Cargus invests €500,000 in a modern warehouse located in Buzau
Cargus, an experienced courier company operating in Romania, has opened its standardised and modern warehouse in Buzau, following a €500,000 investment. The new warehouse has a built-to-suit concept for...
Globalworth expands its industrial activity in Arad and Oradea
Globalworth Industrial, Globalworth’s logistics and industrial sub-brand is expanding its portfolio by purchasing two industrial projects with a total area of 27,000 sqm. The value of the IPW Arad...
Eight new retail openings for Poland in Q1 2021
Close to 70,000 sqm of new retail space was delivered to the Polish market in Q1 2021, revealed Cushman & Wakefield. The new supply was dominated by small retail...
Tuopu chooses 7R and opens e-car components factory in Poznań
The 7R City Park Poznań complex will house the first European plant of the Ningbo Tuopu Group, a Chinese automotive company. Tuopu cooperates with global brands from the automotive...
Dino opens 59 new stores in Poland in Q1 2021
The Dino network opened 59 new stores in Q1 2021, the company now has 1,532 stores in Poland, up 298 versus March 2020, signifying a 24.1 percent growth on...
