Welcome to The Coffee with Craig Show. Join hosts Craig Smith and Winston Norman for the latest insights and updates in commercial real estate across Central and Eastern Europe, proudly presented by EuropaProperty.com.
Terg Acquires Two Retail Parks in Poland
Terg has added two new retail parks to its Aura Park network. The locations in Garwolin and Ruda Śląska were purchased from PKB Inwest Budowa. These parks feature popular brands like Lidl, KFC, Sinsay, and more, offering convenient shopping experiences. PKB says the sale supports its new development funding strategy while navigating rising costs and limited financing options. “Both retail parks were fully leased at the time of sale. I am confident that their well-thought-out layouts and carefully selected tenants will ensure they serve the needs of residents for years to come, making daily shopping more convenient,” said Jacek Ostwald, PKB Inwest Budowa.
Kajima Completes Sale of Zabrze Logistics Hub
Kajima Europe has sold its 45,000 sqm logistics hub in Zabrze, Poland, to Generali Group. This prime facility, located in the industrial heart of Poland, connects key European markets. The site is modular, adaptable for various tenants, and anchored by a global medical equipment manufacturer. Kajima highlights the hub’s strategic importance in European logistics. Jan Trybulski, Investment Director and Head of Poland, said: “This transaction reflects our continued commitment to delivering high-quality logistics assets across Europe.”
CTP Expands in Serbia with Major Land Acquisition
CTP has acquired land in Kragujevac, Serbia, adding 50,000 sqm of lettable space to its portfolio. This move strengthens CTP’s foothold in Serbia’s Free Trade Zone, a hub for automotive industries. With plans to expand further, CTP is already a key player in Serbia, boasting a 600,000 sqm portfolio and more developments underway for 2025. The project is expected to boost local employment and attract more investors. Petar Kolognat, Business Development Director at CTP Serbia says: “CTP’s commitment to Kragujevac underscores the city’s growing reputation as a prime destination for industrial and logistics investments.”
Wing Partners with Alteo for Clean Energy in Hungary
Wing Industrial has signed a deal with Alteo Group to supply green energy to its industrial parks, offices, and hotels through 2026. A solar park managed by Alteo will provide 50 percent of Wing’s electricity by 2025. Wing’s portfolio in Hungary spans 300,000 sqm, with significant growth potential in the future. This partnership underscores Wing’s commitment to sustainability.
