CTP has signed a lease agreement with PKV BUILD, a leading player in energy consulting. Leased premises are currently being built by CTP at its Vlněna office complex in Brno, Czech Republic.

The newest, and first in Central and Eastern Europe, factory is being built in Świdnik by the Trilux Group, a global lighting supplier. The 23,000-square-meter plant, which meets BREEAM certification criteria, will be built by Panattoni. 

CTP has completed a 10.5-year lease for 11,800 sqm at CTPark Zabrze in Poland to Electro Cable Group. This is the first investment in Poland by Electro Cable Group, which is the largest Ukrainian producer and exporter of power, control, and data cables.

InPost has entrusted Prologis with the construction of a Build-To-Suit tailored warehouse and office facility with an area of ​​11,500 sqm in Prologis Park Ruda Śląska. InPost will move into the new DC3 building in September 2024. The transaction was brokered by Cushman & Wakefield.

Although the office development pipeline in Poland’s eight largest regional city markets is clearly shrinking, it is still above that for Warsaw, says BNP Paribas Real Estate Poland in its laterst report. Another notable development of the last quarter of 2023 was that the overall regional vacancy rate hit an all-time high by the end of December.

Sale prices for properties in Romania’s mountain resorts start at €3,500 - €4,000 per sqm and can go as high as €7,500 sqm, according to a Crosspoint Real Estate report. By contrast, prices can reach €8,000 per sqm in Austrian resorts and around €28,000 per sqm in French mountain resorts.

The BEM Center office building has been handed over and with it the first tenants have arrived, including the investor and developer Market Asset Management Zrt.

Following the outbreak of the Covid-19 pandemic in early 2020, the Polish investment market has consistently navigated its repercussions, only to face additional challenges from the economic turbulence resulting from the war in Ukraine, rising interest rates or inflation. Despite maintaining stable investment volumes for three tough years, 2023 witnessed an inevitable slowdown, says Avison Young.

The international manufacturer and distributor of furniture accessories, lighting and tools is expanding its footprint at MLP Pruszków II, the logistics centre near Poland’s capital city Warsaw. As a result of this move, GTV will occupy a total of over 47,200 sqm of space in the region’s largest warehouse complex. The handover of the additional 15,100 sqm facility is slated for the fourth quarter of this year. The transaction has been brokered through Axi Immo.

Hedwig Höfler has been appointed Group Head of Investment Management at CA Immo, tasked with expanding her existing responsibilities for Austria and CEE to include all transaction activity in Germany. She is taking over responsibilities covered by Christof Altendorfer, who left the company.