Panattoni Europe has completed the construction of a modern logistics centre for Decathlon. The 32,000-square-metre investment is based in Łódź and is the company’s second central warehouse in Poland. 

Poland’s retail market is likely to grow by 511,000 sqm of space in 2017, including 388,000 sqm in the shopping centre format alone. JLL summarized Q1 2017 on the retail market in Poland. 

Česká pojišťovna property fund is reportedly buying the Euro and Astra palaces at the bottom of Wenceslas Square, in the heart of Prague, from Czech investor Tomáš Fiala, owner of the Ukrainian group Dragon Capital, E15 reports. 

On 25th April 2017 the first edition of Prague Property Summit, organized by Property Forum in partnership with the Royal Institution of Chartered Surveyors (RICS) will gather leading real estate professionals and top executives from Central and Eastern Europe to analyse the potential of the Czech real estate market from a global perspective. 25 speakers and more than 100 visitors will come together in Prague, creating a unique networking opportunity. 

Apart from Nowa Fabryczna - the first office building in Nowe Centrum Łodzi – Skanska will also develop its newest project, Brama Miasta in the city of Łódź. The two office buildings, with leasable office space totalling 40,000 sqm, will be able to accommodate up to 4,000 employees. Construction is to be launched in H1 2017.

GTC has signed an €11.4 million investment loan with Berlin Hyp Bank for the refinancing of the previous loan agreement for the Corius office building. The Class A office building offers a total leasable area of over 9,700 sqm and is GOLD LEED certificated.

NEPI is planning to invest €40 million on the development of a new shopping centre in the Romanian city of Satu Mare. 

M7 Real Estate announced that its first Central European fund for third party investors, M7 Central European Real Estate Fund I (M7 CEREF I), has now completed its final close, reaching its target raise of €60 million of investor capital. This follows investor commitments of more than €35 million at its first close in October 2016.

P3 has started the construction of a new warehouse at P3 Bucharest Park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building.

Caerus Investment Management has announced that on behalf of a private separate account client, it has advised and structured the acquisition of Phase 1 of the Futurama Office Park located in Prague 8, Czech Republic adjacent to the Invalidovna metro station.