MLP Group has signed a long-term lease agreement with a Chinese manufacturer of automotive parts, which, as part of its global nearshoring strategy, will lease 23,000 sqm of modern warehouse and office space at the MLP Poznań West logistics centre. Construction of the facility will begin in the early fourth quarter of 2024, the handover is planed for the second quarter of 2025. The new building will meet the highest environmental standards, to be confirmed by BREEAM ‘Excellent’ certification.

Garbe Industrial Real Estate is moving ahead with expansion into new development projects in Poland. With this purpose in mind, two experts experienced in the warehouse real estate sector have been appointed as Managing Directors and local subsidiary’s members of the management board. Adrian Biesaga and Michał Stachura joined the Warsaw-based Garbe branch at the beginning of September this year.

The European Commission’s pending updates to the Sustainable Finance Disclosure Regulation (SFDR) promise potential opportunities for EU real estate investors. As the Commission considers the SFDR revisions, anticipated for an early 2025 release, investment firms should prepare for greater transparency and closer oversight of their portfolios. Strategic policy and research consultant Lisa Chase (Lucky Fish Research and Communications) has summarised the policy framework for Property Forum.

Panattoni has completed the construction of City Logistics Warsaw IX. The centre with an area of over 13,000 sqm is situated in Targówek Fabryczny and already has its first tenants.

The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest. 

Romanian developer Genesis Property has obtained the BREEAM International In-Use certification, Outstanding, for Building F in its Bucharest-based Yunity Park business campus.

CPIPG has published unaudited financial results for the six months ended 30 June 2024. Further reducing leverage and complexity remains the Group's key priority, as David Greenbaum, CEO at CPIPG explained.

CPIPG has prepared an update for our stakeholders regarding the completion of the independent review of allegations raised by short seller Muddy Waters. Global law firm White & Case has concluded its independent compliance review of the allegations raised by short seller Muddy Waters since November 2023, along with an assessment of our governance practices. 

VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.

Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.