Krystian Modrzejewski, Chief Investment Officer at Newgate Investment, talked to Property Forum about the recent investment attractiveness of retail parks in Poland, their role as community integration points and the saturation of the retail markets in large Polish cities.

Sofiab-based IT coworking operator Puzl CowOrKing will open a new location in Budapest as part of its CEE expansion strategy. 

Logicor has extended its lease agreement with PepsiCo Polska for ca. 58,500 sqm of warehouse and office space at Logicor Mszczonów Park near Warsaw. The site is PepsiCo’s largest distribution centre in Poland.

Developer Concens Investments has started construction of Phase II of the Ostrava Airport Multimodal Park (OAMP) project, located near Ostrava's Leoš Janáček Airport in Mošnov. Its completion is scheduled in Q3 this year.

At their recent session, the Prague councillors agreed to the amendment of the zoning master plan concerning the space of railway tracks of the Main Railway Station. The possibility of construction in this important city location has not been defined at all so far. With this step, the city is planning to retain full control over future construction.

The reconstruction project of the Bajkal mixed-use building on Bajkalská Street in Bratislava has been given the green light for further development. The city has issued its approving binding opinion, the first step in the permitting process, reports SME.sk.

The construction of the Astrid Garden project by UBM Development Czechia is reaching its construction end and completion. The complex of seven newly built and one reconstructed building from the beginning of the 20th century in the Holešovice district in Prague is scheduled for approval in July 2024.

Yitzhak Hagag, Co-Founder and Shareholder, Hagag Development Europe, spoke with Property Forum about the increasing demand for the company’s boutique office buildings in central Bucharest and the strong sales book for its residential developments in the city. The company has a development budget totalling €195 million.

Michał Białas, the current Chief Business Development Officer and member of 7R's Board of Directors and Chris Zeuner, the current Chief Investment Officer assumed the positions of co-CEO on 19th June 2024. They replace Tomasz Lubowiecki, founder and current CEO of 7R. The new CEOs will manage in a partnership model, focusing on different business areas in line with their experience.

Nagel-Group, one of Europe’s leading companies in food logistics, will lease one of the buildings within LemonTree’s Booster Zabrze complex. The tenant will move into the facility in the second quarter of 2025. The agreement between the companies has been signed for a 15-year term.