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. 

After nine months of this year, the Echo Investment Group has strengthened its position in key sectors of the Polish real estate market. It has also entered the private student housing segment, starting the construction of two projects. The total value of the Group's assets at the end of September amounted to PLN 6.6 billion (ca. €1.5 billion), while cash reserves exceeded PLN 469 million (ca. €107.5 million). In November, Echo signed a conditional sale agreement for the React office building in Łódź.

Optimal Development has combined history and modern design in its new residential development Matadorka Living on the site of the former Matador factory in Bratislava - Petržalka.

CA Immo recorded a 4% increase in rental income to €179.1 million in the first nine months of 2024 versus 2023 despite the sale of non-strategic properties, while it posted a net loss of €33.4 million compared with a profit of €61.1 million in the same period of last year.

Real estate financing has been facing various challenges including the need for more bank and debt fund participation, better understanding and collaboration between Eastern and Western Europe, and last but not least exploring opportunities in new real estate sectors, such as data centres, and developing financing solutions for these emerging asset classes. Outlooks and solutions have been discussed at the financing panel of CEE Property Forum 2024 in Vienna.