Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work has already been launched and is to be completed in September. It will comprise a 27,500 sqm building constructed on a speculative basis. The total area of the park is to come to 87,500 sqm. 

A new shopping centre called OCKE is to be developed in Košice, reports DennikE.sk. Provided that the permitting process and following construction are successful, it is going to be the second-largest shopping centre in the Eastern Slovakia metropolis.

Julius Meinl Living has completed the purchase of Ambasador Hotel in Bucharest, with the project set to undergo a major revamp and reopen as The Julius Bucharest in 2027.

Romanian developer One United Properties said its residential sales and pre-sales volumes totaled €57.1 million in Q1 2024, down by around 10% year-on-year.

The Czech property investment market has been quite quiet during the past months. Sales are rare; banks are taking a rather conservative approach to potential investments and transactions, which is coming across the real estate market. The first panel discussion of last week‘s Prague Property Forum 2024 dived into financing strategies and options for market awakening.

Segro has extended the lease agreement with Ikea in its park in Hostivice. The furniture dispensing warehouse has been located in SEGRO Logistics Park Prague since 2014.

Passerinvest Group has opened the Roztyly Plaza office building, approved in March, to its tenants. It is located in Prague 11, next to the metro station Roztyly.

Redkom Development finalised the sale of Park Glinianka in Łubna in the southern suburbs of Warsaw. The facility was purchased by CEE-BIG B.V. The price has not been disclosed. 

The Dornych project by Crestyl Group is to replace the old shopping centre in the neighbourhood of Brno's Central Station in the upcoming years. The developer has now announced a hotel as a part of this development. Its opening is planned for mid-2028.

Reconstruction of the mixed-use commercial centre Černý Most in Prague 14 is beginning in April this year. The project from the Unibail-Rodamco portfolio is bringing 32 new shops and restaurants and 3 new cinemas.