First Tenant for Flexiparks Vienna North II
Flexiparks Vienna North II has secured its first tenant with Harrer Gebäudedienstleistungen GmbH. Upon completion of the project, the company will occupy Unit C7, totaling 414 sqm, which includes...
Tag: cre awards
P3 Group’s portfolio reaches €10 billion with further improved profitability
P3 Group recorded a 17 percent increase in NOI to €493 million (2023: €423 million), attributed to portfolio expansion and increasing rent levels. On a like-for-like basis, NOI rose...
Office development in Prague declining
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures, which show that only 72,800 sqm...
GTC sells GTC X Office Building in Belgrade
GTC has successfully closed the sale of its landmark GTC X office building in Belgrade for €52 million. This strategic move strengthens GTC’s financial position, with net proceeds of...
ZOOMLION chooses CTP as Hungarian partner with €100 million investment
CTP has signed a 10-year lease agreement with Zoomlion to relocate its operations to CTPark Tatabánya, marking one of the most significant transactions of the year in Hungary’s industrial...
Czech Investment Volumes Hit €1.85 billion in 2024, Second-Best in 5 Years
The Czech real estate market delivered an impressive performance in 2024, with total investment volumes reaching €1.85 billion across 58 transactions. This marks the second-best year in the past...
ARM Processors relocates to Millennium Gardens in Budapest
Revetas Capital and TriGranit announced that ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest. The company will...
Record Year for Retail Park development in the Czech Republic
In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totalling 1.3 million sqm of retail space – almost a...
CTP starts investment project for Hitachi Energy in Brno
CTP has launched an ambitious project for its long-time partner, Hitachi Energy, at CTPark Brno in the Czech Republic. CTP is investing €57 million in the construction of the...
Czech industrial real estate market to grow by nearly 900,000 sqm in 2025
The fourth quarter of 2024 did not bring any significant change to the industrial and logistics real estate market. While demand has returned to almost pre-Q1 volumes, the amount...
1.5 million sqm of Industrial Space Underway in Czech Republic
According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market...
CTP signs 64,000 sqm with Serbian logistics business
CTP has signed three new leases with Milšped, a logistics provider for Serbia and Southeast Europe, totalling 64,000 sqm. This brings Milšped’s overall footprint with CTP to 105,000 sqm,...
