P3, a long-term investor and developer of European logistics properties, has announced the extension of a multi-year lease agreement for over 34,000 sqm of warehouse and office space used by tenant Hopi.

Europe's logistics real estate market is moving through a stabilisation phase. An average rental growth of 70 cents per sqm is projected for the period from Q2 2025 to Q2 2030, implying an annual growth rate of 1.9 percent. For comparison, the growth rate between Q2 2020 and Q2 2025 was 5.6 percent. These findings come from Garbe Research's latest Garbe Pyramid Map, covering prime rents and yields for 121 logistics submarkets in 25 European countries.

Denisa Gelatková has been appointed the new Managing Director of Blue Assets CZ & SK, replacing Robert Chmelař, who has decided to pursue a career change. Blue Assets, a member of the international real estate group Panattoni, has been managing over 1.5 million sqm of commercial real estate in the Czech Republic.

The Prague City Council has approved the investment preparation of the Project 5 in the Nové Dvory development area, bringing approximately 480 apartments.

Poznań-based company Scallier, specialising in retail project development and management in Poland and Romania, has completed the sale of another commercial property developed in partnership with PKB Inwest Budowa.

Green House Development is building Royal Garden Wilanów, a three-story apartment building in Miasteczko Wilanów surrounded by an 8,000 sqm private park - larger than a full-size football pitch. Construction is progressing on schedule with completion planned for the end of 2026.

Axi Immo, acting as exclusive agent, represented mLeasing in the sale of Dom Dochodowy office and retail property in Warsaw. The buyer is the Generali Fond Realit fund, managed by Generali Investments CEE. Transaction details remain confidential.

Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.

The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project. 

Interest in mortgages in Slovakia is growing rapidly; the record is about to fall, reports index.sme.sk. The continued decline in interest rates and the sharp rise in real estate prices have motivated more and more people interested in housing not to delay their purchase. This is reflected in the growing interest in mortgage loans.