Technology is capable of extending offices’ lifespans and reducing the necessity for extensive renovations. However, due to economic and geopolitical events, investors are more restrained, Colliers reports.

Real estate developer Atenor has concluded a share capital increase of €181.5 million and it has reached €257.5 million following the completion of this operation.

Apart from the Northeastern part of Hungary, home of many developments of Infogroup, Southern counties also have huge industrial potential which should be materialised, says Ádám Székely, Managing Director of Infogroup. Property Forum asked him about the ways and risks of warehouse and logistics developments in the country.

A number of branded residential schemes increased by over 160 percent in the last ten years. The residential sector became attractive even for prestigious "brands" from non-residential sectors such as Versace, Fendi, Armani or Tonino Lamborghini and they have also expanded their presence into this segment across major cities around the globe. Nevertheless, the concept of branded residences is not present in the Czech Republic yet, says a Savills report. 

CPI Property Group (CPIPG) announced the signing of an agreement concerning the disposal of the ski resort business in Crans Montana in Switzerland. It is a binding agreement for the sale of part of the shares to an American mountain resort company Vail Resorts. The gross transaction value is more than CHF 100 million (€105 million).

Signa, one of the largest real estate holdings in Austria, said it would file for insolvency on Thursday in Vienna, after one of its subsidiaries took a similar step earlier in Germany.

The global provider of logistics and relocation services has renewed its lease for space at the MLP Pruszków II logistics park for another term. Universal Express moved into the logistics centre almost a decade ago, and now occupies 13,600 sqm of modern space.

Galeria Tarnovia in Tarnów has been bought by a London-based European investment company. The mall has about 17,000 sqm of leasable space (36,500 sqm of total space). The price has not been disclosed. 

7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of €15.5 million was provided by mBank.

Justyna Filipczak, Head of CEE at Cromwell Property Group, talked to Property Forum about the current investment trends, the attractiveness of retail and office properties and the company`s ESG agenda.