The modern, developer-led warehouse stock in the Czech Republic has reached almost 12.3 million sqm in the fourth quarter of 2024. Approximately 106,700 sqm have been delivered to the market within 4 industrial parks across the country representing a 63% decrease compared to the same period last year and a decrease of 35% quarter-on-quarter, announces Industrial Research Forum in its Industrial Market Figures for Q4 2024.

APS Group, an alternative asset management investor, has fully purchased IMO Property Investments Bucharest, part of Eurobank Group, for an undisclosed amount. 

Repaco Capital and Weststar Real Estate have delivered the Crevedia Retail Park, near Bucharest, following an investment of €15 million that was partly financed by BT.

Asset manager Kamco Invest has partnered up with a team led by Ian Worboys to launch European Green Logistics Space (EGLS). 

CTP has signed a 10-year lease for more than 46,200 sqm of warehouse and office space at CTPark Warsaw South to Douglas, one of the European leaders in the omnichannel premium beauty segment.

The demand for new residential buildings in Prague is still very high. In Q4 2024 1,836 apartments in new buildings have been publicly sold, approaching the record values during the Covid-19 pandemic, reports BuiltMind in its quarterly market monitor.

Cushman & Wakefield agency has summarised the situation on the Warsaw office market in 2024, a year marked by subdued development activity leading to a gradual decline in office space availability. At the same time, leasing activity remained consistent with 2023’s level. According to Cushman & Wakefield, these trends are likely to continue this year.

Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub. The buyer and the price have not been revealed.

Vacancy rate in the Prague office market decrease in Q4 2024 has been the largest since 2018, reports Prague Research Forum in its Office Market Figures for Q4 2024 and 2024. The report has also revealed the record annual take-up and the overall situation of the market. 

P3 Logistic Parks is expanding its presence in the central Považie region of Slovakia by acquiring an existing park and adjacent land near Nové Mesto nad Váhom.