Avison Young is announcing the opening of a new business line - Industrial Agency. The new service will be built by a team of renowned market experts acquired from a competitive firm.

Cushman & Wakefield has summarised the situation on the Polish retail market in the second quarter of 2024. There were eight new retail completions with the development pipeline comprising approximately 400,000 sqm. This indicates healthy supply levels amid unwavering occupier demand and strong retail sales, shopping centre footfall and turnover figures.

The joint venture between Partners Group and Peakside Capital Advisors has launched the construction of the C2 facility at City Point Targówek. The light industrial building will offer 25,000 sqm of space with units starting from 1,000 sqm. Depenbrock Poland is the general contractor for the project.

Developer Immocap has confirmed the acquisition of the plot right in front of the railway station Bratislava - Nové Mesto, Yimba.sk reports. The previous owner, Merius, has planned to build the Semiramis residential project on this exposed land between the station and the Kuchajda Lake.

CA Immo and Morgan Stanley have signed the prolongation of a long-term lease agreement for around 20,000 sqm in Budapest-based Millennium Tower office buildings I-III.  

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about the growth in renewable energy and industrial investment in 2024 and the potential for the transaction market to outpace in 2024 the volume of around €500 million posted last year.

Panattoni has signed a lease contract for over 16,000 sqm in Panattoni Park Goleniów I with logistics operator Fiege. With this deal, the entire 60,000 sqm park has been fully commercialised.

Precordia Capital and Septyma have become holders of 66% of shares in the convenience retail park Street Mall Vis à Vis Wilanów located on ul. Przyczółkowska 219 in Warsaw. They acquired the shares from Capital Park Sp. z o.o. The value of the deal has not been disclosed.

Nearly a third of buildings on Prague’s office market are over 20 years old. This has posed a problem for many occupants because, in terms of buildings’ sustainability, they are not meeting their ESG targets.

A Luxembourg court has definitively confirmed the conclusions of the Luxembourg Commission for the Supervision of the Financial Market. As per the verdict, Radovan Vítek's companies had been engaged in manipulation during the takeover of developer Orco, Seznamzpravy.cz reports.