MAPIC 2024: Highlights of the 2024 Edition
The 2024 edition of MAPIC reaffirmed its role as an essential business platform in an ever-changing industry. Despite challenges in the retail sector, the three-day event showcased the sector’s...
News
Renegotiations account for nearly 40% of industrial leases in the Czech Republic
According to Savills’ analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a...
Panattoni Develops New Industrial Park in Sosnowiec with Hebe as First Tenant
Panattoni is set to begin construction on a new industrial development in the Silesian Voivodeship – Panattoni Park Sosnowiec V. The project will consist of two buildings, covering a...
Erste Group refinances landmark property in Vienna
Erste Group Bank is providing a €320 million refinancing to an investment fund managed by Morgan Stanley Real Estate Investing for Wien-Mitte, a multi-use trophy property located in the...
UDI Group will build mixed-use project in Budapest for €112 million
The developer UDI Group will start construction in another European market. The multi-functional Parkside project in Budapest, Hungary, which will start construction after the new year, will offer not...
Douglas and New Yorker open in BIG Andrychów
Two major retailers have debuted in the region at BIG Andrychów retail park. The first-ever Douglas perfumery in the city and the region’s first New Yorker fashion store opened...
Capital Park Group Announces Implementation Phase for Nowy Wełnowiec Project
Capital Park Group has announced that, following the approval of the local zoning plan in September 2024, the Nowy Wełnowiec project is moving into the implementation phase. The 30-hectare...
AI Adoption Hits 30% in Polish Real Estate & Construction
Drees & Sommer has unveiled key findings from recent regional market research1 in Poland, the Czech Republic, and Hungary. The study examines major digitalization trends, focusing on AI usage,...
GARBE announces 100 percent occupancy of all its industrial parks in CEE
GARBE, an active specialist in logistics, industrial, and technological real estate that entered the Central and Eastern European markets in 2020, announced the full occupancy of all its industrial...
EIKA receives loan for green development in Vilnius
The European Bank for Reconstruction and Development (EBRD) is lending €18 million to Aurochs Investments, UAB, to finance the construction of Jasinskio 2, a next-generation sustainable office building in...
Warsaw office market stable despite low supply and growing occupier expectations
Leasing activity on the Warsaw office market continues unabated despite low new supply levels, pushing the vacancy rate down to 10.7 percent. Meanwhile, pre-lets are on the rise, indicating...
CTP hands over Tesco’s new 100,000 sqm logistics centre
CTP has handed over a new 100,000 sqm logistics centre in Hungary to Tesco. Built as part of a greenfield investment spanning 60 hectares near Szigetszentmiklós, the state-of-the-art facility...
