Preliminary data has revealed an increase in shopping centre footfall on Thursdays, Fridays and Mondays, and a decrease on Saturdays. Cushman & Wakefield presented a summary of the first quarter of 2018 on the Polish retail market in its latest report.

The Polish industrial market just closed its best start to the year to date with demand hitting around 1.1 million sqm. Furthermore, 1.8 million sqm of warehouse space is currently under construction. JLL summarised the condition of the industrial and warehouse market in Poland at the end of Q1 2018.

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Skanska’s commercial development unit in CEE has announced the appointment of Alexandra Tomášková as Managing Director for Skanska Property Czech Republic. She will begin in her new role from June 1st 2018, and will also become a member of Skanska CEE’s commercial development unit Management Team.

The rapid growth of e-commerce is changing the way warehouses are being built. In many BTS buildings, automated or semi-automated racking systems and robots are deployed for product storage and picking, says Krzysztof Czekalski, Technical Director in the Industrial & Warehouse Department at Cresa.

Prologis has begun construction of two new speculative facilities totalling 25,300 square metres at Prologis Park Bratislava. The developments include the 9,800 sqm Building 14, in which 2,900 square metres have been pre-leased by Blitshtein Trading, a food distributor to major markets in Central and Eastern Europe and the 15,500 sqm Building 20.

The CEE hotel market experienced rapid growth in the last three years both in terms of hotel performance and transaction volume due to the dynamically expanding tourism industry. Within the region, the Budapest hotel market has seen exceptional growth, as its RevPAR (revenue per available room) growth outpaced the key regional capital cities, according to Colliers International's latest hotel market study.

Echo Investment is launching a joint venture with a company controlled by an unnamed investor. Resi4Rent is the first fully integrated investor, operator and asset manager for purpose-built residential communities in Poland. With more than 1,200 apartments under construction and another 1,700 apartments ready for construction in the next 12 months, Resi4Rent will be the largest residential for rent platform in Poland. The first tenants will be able to move in during the fourth quarter of 2019.

Kiddo Play Academy, a company which specializes in family entertainment, will open its second playground in Bucharest on the 1st of June, on an area of approximately 1,200 sqm in ParkLake Shopping Center. The leasing negotiations were conducted by Colliers International Romania.

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.