News

NEPI Rockcastle provides an update on the COVID-19 related government measures to its portfolio in CEE

In the Czech Republic, the Government extended the trading ban introduced on 22 October on all nonessential shops until 20 November, with restaurants allowed to operate for deliveries and...

Retail News

Impact of Covid-19 to accelerate European e-commerce growth by one year

According to Savills, the impact of the pandemic is set to accelerate online retail penetration by an average of one year and, in turn, drive demand for prime logistics...

Retail News

Galeria Północna to be the home of the largest Sinsay store in Poland

Galeria Północna signed an agreement with LPP to relocate its Sinsay store. The deal will result in the largest brand store in Poland with over 2,600 sqm. A grand...

Retail News

We Are Pop Up moves to free-to-use model for landlords and brands

In response to the current market challenges faced by landlords and brands, We Are Pop Up, the specialist international booking platform for pop-up retail spaces, has transformed its business...

Finance

pbb reports slightly higher year-on-year third quarter pre-tay profit of €75 million – concerns persist about developments on real estate markets

pbb Deutsche Pfandbriefbank achieved a profit before taxes of €75 million in the third quarter of 2020, slightly exceeding the previous year’s period (consolidated figures in accordance with IFRS;...

Warehousing, Logistics and Industrial

Ehlebracht Slowakei to Move to ctPark, Košice

Ehlebracht, an international company with a production site in Michalovce, is moving to Košice. Their current hall capacity, used for components for automotive and kitchen appliances, is not sufficient....

General

18-34-year-olds to drive new living real estate demands across European cities

The COVID-19 pandemic is rapidly changing the property landscape across the world as cities are re-imagined. According to JLL’s latest European City Dynamics report, COVID-19 has altered many aspects...

Office Leasing

Public sector take-up rising on the Warsaw office market

The number of state-owned companies relying on modern office space is on the rise, reveals real estate advisory firm Savills. The public sector and state-owned firms more than doubled...

Warehousing, Logistics and Industrial

Panattoni latest investment: almost 54,000 sqm in Nadarzyn near Warsaw

Panattoni has announced its latest investment along the S8 route (Białystok–Warsaw–Wrocław) in the Warsaw region. This time the developer has purchased a 12.56 ha plot close to Nadarzyn for...

Retail News

JYSK expands in Eden Retail Park

JYSK, a global retail chain from Denmark offering a full range of household goods, has expanded its sales area by 30 percent at the Eden Retail Park in Zgorzelec,...

Investment Market

Blackbrook Capital announces acquisition of a prime logistics facility

Blackbrook Capital (Blackbrook), a European independent real estate investment firm focusing on mission-critical commercial property, announced the acquisition of a 100,000 sqm Class-A logistics facility in Poland. The transaction...

Investment Market

GTC completes the sale of Spiral

GTC sold Spiral, an A-class office building located in Budapest, Hungary. The sale will generate €41 million of free cash. Spiral provides a total of 30,541 sqm of leasable...

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