Logicor has signed a leasing agreement with Martex, a Polish distributor of truck spare parts, for a c. 45,000 sqm standalone warehouse at Logicor Będzin.

Nuveen Real Estate alongside its joint venture partner, Value One, has completed the development of Fabryczna 22, the second Polish student living asset to be delivered by the two firms’ Eagle joint venture.

The office subleasing market in Bucharest is gaining ground as the development pipeline of new projects is falling, while tenant companies are looking for better locations to reduce commute times for employees, concluded speakers of the hybrid work panel of SEE Property Forum 2023, held in Bucharest.

Developer Immocap plans to bring six residential projects in the next ten years in the most lucrative districts of Bratislava - Old Town, New Town and Ružinov. In total, there will be 1,500 flats offering quality, design as well and energy-efficient and sustainable housing, Immocap announced. 

Logicor has started construction of its first regional logistics park in the Czech Republic. The site, located close to key road networks linking Prague and the city of Liberec, was a brownfield and is being redeveloped in two phases to create two modern warehouses, totalling 20,000 sqm, including 1,800 sqm of office space. One of the buildings will have a cross-dock facility.

The Hungarian subsidiary of Transdanubia, a leading international logistics provider has secured 24,000 sqm of industrial space in the PT3 building of the Hellopark Páty mega park, developed by Futureal Group subsidiary HelloParks. The new tenant is expected to move in at the end of 2024.

Erste Group Bank AG has granted a new loan to Cavatina Holding S.A., this time for the realization of Cavatina’s flagship project in Wroclaw. The financing, which was initiated back in October, will ultimately provide the Polish developer with funds for refinancing the costs of the Quorum D office building (up to €25 million) and for further financing of the Quorum A construction (up to €20 million), as well as an additional €3 million to cover VAT. The multifunctional Quorum complex, rising on the banks of the Oder River, is the largest project of its kind in the city.

The first Mondrian Hotel in Bucharest will be opened by Ennismore in central Bucharest following a deal with Romanian developer One United Properties.

Industrial developer CTP has achieved its full allocation of €4.25 billion in green bonds to support its portfolio of sustainable business parks. The funding was raised from eight green bond issuances from October 2020 to January 2022.

Accolade Group continues its international expansion. The Group recently expanded its portfolio with Croatia, its seventh European country. North of the city of Zagreb, Accolade has obtained a building permit for its first industrial hall of approximately 50,000 sqm. In parallel with this project, the group is working on other sites in the Balkans.