Around 555,000 sqm of industrial and logistics parks are currently under construction and are planned to be completed in the Q4 2023 - Q4 2024 period across Romania, with 315,000 sqm being already pre-leased, according to a Cushman & Wakefield report.

Real estate investor and developer GTC has recorded a like-for-like rental revenue growth of 6% in the first nine months of 2023 compared to the same period of last year. At the same time, the gross margin from rental activity slightly rose to €92 million.

Property Forum is proud to announce the first edition of its annual listing of the 50 most influential people in the Polish real estate market. To access the publication, fill out the pop-up window that appears on this page.

Romanian developer Forty Management has announced a new partnership with Crystal Lagoons to develop man-made lagoons in seven new cities across Europe (Rome, Milan, Toulouse and Seville), with three more to be announced next.

VGP has handed over its brand new premises to Dachser Czech Republic in VGP Park České Budějovice in the Světlík commercial zone. Hall D, which has just been completed, covers 14,000 sqm and was built to suit this international logistics service provider as a further extension of its existing premises in Hall C, which covers over 9,000 sqm. It will primarily be used for contract logistics. The building aspires to a BREEAM green certification of Excellent, VGP announced. 

Garbe Industrial Real Estate announced a strategic collaboration with Raiffeisenbank on their 49-hectare site at GarbePark Ceske Budejovice. The first building has been handed over to the client Taconova and is only the start of the up to 80,000 sqm development potential in the first phase, with over 150,000 sqm to follow. The strategic collaboration includes €20 million loan for Garbe development in Ceske Budejovice. 

The European Bank for Reconstruction and Development (EBRD) is boosting the development of green commercial real estate in the Western Balkans, with a debt package of up to €100 million to be used by BIG CEE for the company’s regional expansion.

Panattoni has launched the construction of Panattoni Park Grodzisk V in the village of Natolin with the development being financed by a €17 million loan. The financing has been provided by BNP Paribas bank. 

M Core has opened another retail park in Łochów near Warsaw. It's the 46th retail park under M Park brand in Poland.

Havi Logistics has leased more than 16,000 sqm of new space within the expanded MLP Poznań logistics centre. The facility for the company will be equipped with solar PV panels, heat pumps, and electric vehicle charging stations. Once completed, the new space is scheduled for handover at the beginning of the second half of 2024. Colliers’ Industrial and Logistics Department advised on the deal.