Panattoni has begun construction work on a new Built To Own (BTO) centre for the E.G.O.-Group (E.G.O.), a supplier for household manufacturers. The construction of the manufacturing plant is to start in July this year and the completion is scheduled for the fourth quarter of 2025.

WDP has purchased several industrial projects and land plots from Globalworth and Global Vision for around €110 million. 

Bogdan Doicescu, CEO, Bog’Art Holding Management, spoke to Property Forum about the company’s expansion of its public works portfolio and the significant growth potential of the construction industry in the next period.

Ghelamco, together with the Polish Yachting Association, will build Nova Marina Gdynia, a mixed-use building with a yachting centre just by a South Pier in Gdynia (Tricity, Poland). 

The Czech industrial RE market has experienced a record growth of interest in renting new premises, especially from companies linked to e-commerce triggering extensive speculative construction. Although the market situation is stable and positively influenced by the gradual reduction of construction costs in combination with yield stabilisation, recently the vacancy rate has slightly increased and two new phenomena have emerged on the market.

UBM Development Czechia has received the building use approval for the Astrid Garden residential project in Prague's Holešovice. The new owners are moving in in the autumn of 2024.

IWG’s Regus Fészek office building has opened in Pécs and has attracted Fressnapf International Business Services (FIBS) as its first tenant.

According to data from BuiltMind, demand for new housing in Bratislava is growing. Q2 2024 Bratislava residential market report has shown an appetite for new residential units in Slovak capital.

Panattoni has completed another built-to-suit (BTS) development. US manufacturer of production line components Maxcess has opened what is now its main European manufacturing plant in Fałkowo. Through investing PLN 60 million (ca. €14 million) in this project, the company will be able to double its current workforce.

Croatian autonomous car maker Verne has leased 28,500 sqm in VGP Park Zagreb for a new factory. Under the lease terms brokered by CBRE, VGP will develop a built-to-suit project for Verne featuring offices, warehouse space and a production facility.