Mennica Legacy Tower high-rise delivered
The Mennica Legacy Tower high-rise, located at the junction of Prosta and Żelazna streets in Warsaw’s Wola district, has obtained a valid occupancy permit. The main tenant, mBank, is...
News
VGP and Allianz joint ventures complete a €424 million logistics portfolio purchase
VGP NV (‘VGP’) and Allianz Real Estate, acting on behalf of several Allianz Group companies, announced two successful closings between VGP and two of their 50:50 joint ventures, VGP...
European Logistics Investment to develop a hi-tech build-to-suit warehouse complex in central Poland
European Logistics Investment BV (ELI) together with its partner – Panattoni will deliver an advanced warehouse complex at a site located in Radom, Poland. Planned as a BREEAM certified,...
Auto Partner expands lease in MLP Pruszków II
A European distributor and importer of spare parts for passenger cars and light commercial vehicles has extended and expanded its lease contract for space in MLP Pruszków II. Auto...
CTP acquires 12 buildings from Cromwell Property Group portfolio located in CTPark Bucharest
CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquired 95,000 sqm of buildings from Cromwell Property...
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...
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...
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...
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...
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;...
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....
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...
