Panattoni has acquired financing for the development of its latest development in Western Pomerania. The €20 million loan was granted by mBank. Panattoni Park Szczecin V will comprise 30,000 sqm of which around a third has already been leased to a client from the food and hospitality sector.

Immofinanz Group generated strong growth in rental income during the 2023 financial year. This development was based primarily on the full consolidation of S Immo, the purchase of retail properties, and solid growth in like-for-like rental income. However, due to revaluation effects, the company recorded a decline in net profit to €-229.5 million in 2023.

Faedra Group, acting as developer and general contractor, has successfully sold its new, fully leased greenfield logistics development Faedra22 in Budapest. Throughout the marketing process, a German capital source was selected as the ideal buyer, Colliers reports. Selling Faedra 22 logistics park marks the first sizeable transaction by a foreign buyer in Hungary in 2024 so far.

Hungarian real estate developer and investor Indotek Group has closed the purchase of a downtown shopping centre in Budapest, online business site Portfolio reports, citing Cushman & Wakefield, the main assistant of the deal.

P3´s hall with an area of 42,331 sqm and an atypical floor plan is capable of accommodating an entire train unit. It is located in Lovosice Cargo, Czech Republic.

More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.

Having secured the necessary building permit, the 7R Group is set to launch its first warehouse development in the Czech Republic. 7R Park Lavičky D1 Highway is strategically located along the Prague-Brno connecting road.

Alexandra Tomášková is joining Capexus as Chief Commercial Officer. She has spent most of her professional career in the B2B sector, in the development and leasing of office buildings.

Real estate investment group M Core has launched a strategic venture with Square 7 Properties for the management of 25 retail parks in Romania that it purchased at the end of last year.

Lidl has chosen Apollo Nivy in Bratislava as the location of its head office in Slovakia. The relocation of more than 500 employees of the discount headquarters is planned for December of this year.