Neinver opened Prague The Style Outlets, its first outlet centre in the Czech Republic and the 16th centre in the company’s expanding portfolio, which totals 300,000 sqm of gross leasable area (GLA). The centre features over 100 stores in 20,000 sqm of GLA. The new centre is part of a joint venture between Neinver and The Prague Outlet signed in 2016 to create the largest outlet centre in the Czech Republic, with a total investment of €70 million. A second phase will increase the total commercial space to 30,000 sqm in the coming years. The outlet centre will bring over 600 jobs and considerable tourist spending to the local economy.

Piraeus Bank is about the sell the Landmark office buildings in Central Bucharest to Revetas Capital, ZF has learnt.

Hansainvest Real Assets GmbH intends to significantly expand its logistics property portfolio. Logistics assets with a volume of €200-300 million will be acquired by the end of 2019. The acquisitions will be concentrated on the core markets of Germany, Benelux and the United Kingdom. Selected properties may also be acquired in France, the Nordics, Spain and Poland. A total of between six and eight properties will be acquired.

Whilst Prague 4 is the largest market, over the next two years, most of the new supply will be delivered to Prague 8. In perspective, it could overtake Prague 1 by market share and become the third largest office submarket in the capital. In 2018 and 2019, almost 27% of new offices that are currently under construction will be completed in Prague 8. The largest of the planned projects is Palmovka Open Park, thanks to which office space in Prague 8 will expand by almost 25,000 sqm at the end of Q2 2018. Regarding the intensity of construction, Prague 4 is in second place with 22% of the offices under construction. The third place belongs to Prague 5, where 19% of new construction will be completed.

JLL and the city of Warsaw will begin a cooperation to establish a development strategy for downtown trade, highlighting places with the greatest potential for creating new shopping locations as well as increasing the attractiveness of high streets for both potential tenants and customers. JLL already has a similar experience in this field - experts from the company are responsible for management of the Regent Street in London.

Owners Meyer Bergman and Healthcare of Ontario Pension Plan have put Ostrava’s Forum Nová Karolina shopping centre on sale, Hospodářské noviny reports.

In terms of size, Łódź is currently the sixth largest regional office market in Poland. Investors are attracted by the city's extensive pool of specialists and an increasingly strong business brand. Experts from JLL indicate that the increasing maturity of the Łódź office market is contributing to the development of state-of-the-art office clusters in the city.

Globalworth Real Estate Investment Limited in partnership with BT Capital Partners, a company of Banca Transilvania Financial Group, announced the second admission to trading on the Bucharest Stock Exchange (BVB) of the corporate bonds issued by the company, with a total value of €550 million.

NEPI Rockcastle is investing €3.5 million in refurbishing the food court and entertainment area in Bucharest's Mega Mall shopping centre. The project, designed by Corvin Cristian Studio, targets an area of 10,000 square meters.

MLP Group launches construction of a city logistics type warehouses with module areas of 1600 and 3200 square meters in Dąbrówka near Poznań. In total, more than 86,700 square meters is available for the lessees, out of which 10,000 square meters will be built this year as speculative space. The project is developed on the site of the MLP Poznań West park, which is located near the S11 road, A2 highway, next to the newly-opened S5 road and in a very close vicinity of the Airport.