According to a recent report by BNP Paribas Real Estate Poland, Kraków and Wrocław are at the lead of cities with the highest volume of new office supply for 2018 in Poland. The two markets hold 59% of the new space completed and delivered in the eight key regional cities and account for more than half of the net take-up generated last year.

JLL introduced a new workplace consulting service in the Czech Republic. It focuses on the planning and quality of the work environment. In the cooperation with the activities in CEE and EMEA regions, Lucie Malá will be in charge of the workplace strategy with the support of the research, project management and design departments. By integrating this service, JLL will expand its portfolio and meet the needs of clients in the right setting of the work environment. New service based on real-world experience and analysis will help clients with the effectivity of their offices.

Immofinanz is continuing the expansion of its Stop Shop retail park chain in Serbia with its tenth Stop Shop retail park, located in Sremska Mitrovica.

Prologis has begun construction of a build-to-suit project for CBA Slovakia on a 6-hectare site in Ziar nad Hronom in the Banska Bystrica Region of Slovakia.

Wing entrusted JLL and Cushman & Wakefield real estate agencies with the leasing activities of its 42,000 sqm Liberty office building. The building will be realised next to the new Telekom headquarters and its delivery is expected in 2021.

In 2018, retail investment volume reached a record high of €2.5 billion in Poland. Retail was the second most sought-after sector after offices, accounting for 34% of all investment activity in Poland. Paweł Nowakowski, Head of Capital Markets at Cresa Poland, predicts in the latest “Retail Occupier Economics” report that this year may be equally good for Poland.

Aberdeen Standard European Logistics Income PLC has acquired a logistics warehouse in Kraków from global real estate developers Panattoni Development Co and Marvipol SA.

Radisson Hotel Group announced the introduction of its Radisson Collection brand to the Polish capital of Warsaw. The premium lifestyle property will open in May 2019. Radisson Hospitality AB also announced the signing of the Radisson RED Warsaw. The upscale, lifestyle select-service brand will be introduced in 2023.

AEW has acquired two historic, mixed-use properties on Andrássy Avenue in Budapest, on behalf of a German separate account.

Panattoni Europe increases the supply of warehouse space in Lubuskie. The developer has bought land for new investments and announces the expansion of Panattoni Park Zielona Góra up to in excess of 130,000 sqm, planned in six buildings. At present, close to 75,000 sqm are under construction and over 50,000 sqm more will get under way before the end of Q1 2019.