The office and business centre Karlák Shopping Square (formerly Charles Square Center) owned by KGAL is getting a new face. The complete rebranding, architectural modifications and reconstruction of retail and office spaces, including a modernised logo are all included in the reconstruction plan.

P3 Logistic Parks has acquired a standalone building next to P3 Prague D8 Park. Established two decades ago, the industrial park has grown to seven buildings totalling 176,840 sqm of leasable space, including the newly acquired hall.

International developer UDI Group is developing the Parkside project in Budapest. Baltic hotel group Mogotel is confirmed to operate it under the Staybridge Suites brand name of the global hotel chain IHG.

The Italian studio Stefano Boeri Architetti has been announced as the winner of the international architectural and urban planning competition opened by Penta Real Estate at the end of last year for the Chalupkova project in Bratislava. The land is located in the Mlynské nivy zone and is bordered by Košická and Chalupkova streets.

We are approaching the halfway point of 2024. Before the semi-annual investment market reports are released, Avison Young is sharing the current insights on the Polish investment market. 

Bucharest’s office development pipeline is low, with just 24,000 sqm expected for delivery by the end of 2025, which could further push pre-leasing activity to new lows, according to a report by iO Partners.

HelpShip, part of euShipments.com's group and logistics network, has leased 12,500 sqm in CTPark Oradea Cargo Terminal.

Răzvan Nica, Managing Director, BuildGreen, spoke with Property Forum about the decarbonisation efforts of real estate companies and the growing appeal of green buildings for banks.

Skanska has sold the Nowy Rynek E office building constructed in the Wilda district of Poznań, Poland. The buyer is Eastnine AB, a Swedish real estate company focused on office premises in prime locations at selected markets in the Baltics and Poland. This is the second transaction between these two parties in Central and Eastern Europe. 

In 2023, the share of imported construction materials in the Ukrainian market rose to 23% (compared to 14% in 2021). Experts note that the domestic construction materials market requires systematic support from the government. Iryna Nastych summarised the current situation in the Ukrainian construction materials market in an article prepared by the Ukrainian Real Estate Club for Property Forum.