YIT starts new project in Kraków
The Finnish developer YIT has launched its next project in the capital of Małopolska: Nordic Górka Narodowa. Located on Stefan Banach Street, this first phase of the residential complex...
News
Skyliner II on Strong Foundations
Skyliner II, the sister skyscraper of the office complex in the heart of the capital city’s Wola district owned by Karimpol Polska, has a strong foundation. The work on...
CTP Reports 18.2% YoY Increase in Rental Income, EPS on Track, and 10.1% NTA Growth
CTPrecorded Rental Income of €488.4 million in the first 9 months of the year, up 15.9 percent y-o-y. Like-for-like y-o-y rental growth of 4.4 percent, mainly driven by indexation...
Year-End Surge May Boost Czech Commercial Real Estate Investment by 40%
According to Savills Investment Report, the commercial property market in the Czech Republic is expecting a strong close to 2024. The total transaction volume for the first three quarters...
Warsaw’s office market back in the game
Developer activity in Warsaw’s office market is steadily increasing. By the end of September 2024, more than 70,000 sqm had been completed, with an additional 280,000 sqm under construction,...
MASTERBUILD Completes Construction of New Shopping Center in Pitești
MASTERBUILD General Contractor & Developer has completed construction on a new shopping centre in Pitești, developed by Square 7 Properties in partnership with the Belgian investment fund Mitiska REIM....
S IMMO sells hotel in Prague
As part of its prudent investment strategy, S IMMO has once again completed a sale. The Julis Hotel in Prague, with a total leasable area of around 6,700 sqm,...
W. P. Carey Announces Sale-Leaseback of 123 Retail Stores in Poland with Zabka
W. P. Carey, a leading net lease real estate investment trust (REIT) specializing in corporate sale-leasebacks, build-to-suit properties, and the acquisition of single-tenant net lease assets, is pleased to...
Data centers and energy consumption: An important opportunity for Romania
The global development of data centres presents a significant opportunity for Romania to become a key player in the region and a primary actor in stabilizing energy networks and...
Office pre-leases make a comeback in Warsaw
According to “Office Occupier – Warsaw Office Market, Q1-Q3 2024”, a report published by real estate advisory firm Newmark Polska, in the third quarter of 2024, both leasing and...
Physical Retail Dominates, with Major Brands Rapidly Expanding in Europe
The results of the CBRE European Retail Occupier Survey 2024 emerge during a time of optimism, as the retail sector and regional economy overall approach the end of a...
CTP Achieves 8th BREEAM Excellent Rating for Polish Business Parks
CTP has been awarded the BREEAM International New Construction V6 certificate at the Excellent level with an overall score of 74.6 percent for warehouses GPOR1 and GPOR2 at its...
