News - Time of sham ESG activities is coming to an end
03
Apr
2024

Time of sham ESG activities is coming to an end

by Michał Poręcki
Anna Wojciechowska, Head of ESG at Robyg, talked to Property Forum about the implementation of the principles of sustainability in the Polish residential market and the factors, that will affect the ESG-related activities in the following years.
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News - MLP Group unveils strategic goals through 2028
02
Apr
2024

MLP Group unveils strategic goals through 2028

by Property Forum
The Group aims to at least double its revenue to €183-215 million in 2028, triple its EBITDA (excluding revaluations) within five years to €112–132 million in 2028, nearly triple funds from operations (FFO) to €51–60 million in 2028, and at least double its net asset value (NAV) per share to €48–56 million in 2028.
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News - Sierra Balmain takes over property management of Galeria Pomorska
02
Apr
2024

Sierra Balmain takes over property management of Galeria Pomorska

by Property Forum
Sierra Balmain is expanding its portfolio with another shopping mall. Starting in April, the company will take over property management of Galeria Pomorska in Bydgoszcz. The group will handle all the ongoing operations of the facility.
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News - Cresco's addition to Slnečnice in Bratislava gets approval
02
Apr
2024

Cresco's addition to Slnečnice in Bratislava gets approval

by Property Forum
The Bratislava residential quarter developed by Cresco Real Estate has grown by 379 approved apartments and suites in the Slnečnice POP project. The westernmost part of Slnečnice, which is adjacent to the completed Petržalska tramway, has received the approval decision after 21 months.
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News - Geopolitical tensions fuel nearshoring trends in CEE
02
Apr
2024

Geopolitical tensions fuel nearshoring trends in CEE

by Maria Novakova
The logistics market has proven to be the most resilient asset class and has seen its importance emerge during and after the COVID-19 pandemic. Still, developers are not standing idly by, they are looking for new horizons, in terms of figures, service quality and creativity. These are some of the conclusions of the panel discussion focusing on the Slovak logistics market at the recently organised Bratislava Property Forum 2024.
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News - WDP buys retail park near Bucharest
01
Apr
2024

WDP buys retail park near Bucharest

by Property Forum
Industrial developer WDP has purchased wholesale retail park Expo Market Doraly from ARA Europe and Romanian investor Gheorghe Iaciu for an undisclosed sum.
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News - Cluj-Napoca drives office leasing among regional Romanian cities
29
Mar
2024

Cluj-Napoca drives office leasing among regional Romanian cities

by Property Forum
Office leasing in regional cities reached 37,441 sqm during 2023, equivalent to 18% of the space leased on the Bucharest market in the same period, according to a Fortim Trusted Advisors report.
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News - Peakside certifies property portfolio under BREEAM
28
Mar
2024

Peakside certifies property portfolio under BREEAM

by Property Forum
Peakside Capital Advisors has achieved two BREEAM IN-USE certifications at the "Very Good" level for over 50,000 square meters of warehouse-office space at Logistics Point Raszyn and Logistics Point Piaseczno. The attained rating results from the successful modernization of fully commercialized logistic centres near Warsaw. 
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News - Panattoni secures €20 million from mBank for Panattoni Park Szczecin V
28
Mar
2024

Panattoni secures €20 million from mBank for Panattoni Park Szczecin V

by Property Forum
Panattoni has acquired financing for the development of its latest development in Western Pomerania. The €20 million loan was granted by mBank. Panattoni Park Szczecin V will comprise 30,000 sqm of which around a third has already been leased to a client from the food and hospitality sector.
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News - Immofinanz reports negative net profit for 2023
28
Mar
2024

Immofinanz reports negative net profit for 2023

by Property Forum
Immofinanz Group generated strong growth in rental income during the 2023 financial year. This development was based primarily on the full consolidation of S Immo, the purchase of retail properties, and solid growth in like-for-like rental income. However, due to revaluation effects, the company recorded a decline in net profit to €-229.5 million in 2023.
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Latest news


New leases

  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.

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