Real estate investment experts are not too worried about the potential negative impacts of the second Trump presidency on Europe’s economy. However, they agree that Europe as a whole must react quickly to improve its competitiveness. That was one of the key messages of the opening panel of CEE Property Forum 2024, held last week in Vienna.

The Royal Institution of Chartered Surveyors (RICS) has released a new edition of its Global Red Book, which features several crucial updates on AI use in valuation and the mandatory implementation of ESG principles.

Following the approval of the local zoning plan in September 2024, Nowy Wełnowiec is entering the implementation phase. The 30-hectare revitalised site formerly occupied by the Silesia Metallurgical Plant in Katowice will become home to a mixed-use district with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. The architectural concept comes from the JEMS Architekci studio. The investor has received permission to modernise the former compressor house building since the beginning of the 20th century.

The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country’s IT&C industry, according to a report by iO Partners.

In a recent conversation with Property Forum at Expo Real, Karel Stránský, CTP’s newly appointed Group Business Development Director, shared his vision for advancing CTP’s growth in high-potential regions and expanding its solutions across markets. Joining CTP after a long career serving industrial tenants, Stránský discussed his immediate goals and what trends are set to reshape the logistics and warehousing industry by 2025.

Immofinanz Group posted a net profit of €50.9 million in the first nine months of 2024, recovering from a loss of €105.9 million in the same period of last year, over higher rental income and additional sales of assets.

Industrial developer CTP has handed over a new 100,000 sqm logistics centre in Hungary to British retailer Tesco.

The first stage of the new Vydrica district in the centre of Bratislava has received a valid building use approval decision. The developer of the project is Vydrica Development, a joint venture of Vydrica, a.s. and Lucron's parent company, Luxembourg's Ikopart. The manager of the Vydrica project is the development company Lucron.

Leasing activity on the Warsaw office market continues unabated despite low new supply levels, pushing the vacancy rate down to 10.7% Meanwhile, pre-lets are on the rise, indicating growing occupier interest in office buildings under construction, reveals the latest quarterly report from BNP Paribas Real Estate Poland.

Panattoni will begin construction of a new park in the Silesian Voivodeship in December – Panattoni Park Sosnowiec V. The project will ultimately include two buildings with a total area of over 52,000 sqm. The first tenant is Hebe, for whom a build-to-suit distribution centre will be developed as part of the facility.