MCG EastBridge, part of the Maszoński Group's portfolio is growing. Following a record-breaking deal on the Kraków warehouse market in Q1 2023 for nearly 37,000 sqm at GLP Kraków III Logistics Centre, the company decided to expand by more than 19,000 sqm. Under the signed agreements, MCG EastBridge will occupy a total of 56,200 sqm and will be a single occupier in the development, which is being built in the Niepołomice Investment Zone near Kraków. The two-stage lease is the largest signed transaction in the Polish warehouse market in the first half of 2023. In both cases, MCG EastBridge was represented by AXI IMMO.

iO Partners, a JLL preferred partner, has announced two key promotions in the Office Advisory Department. Maria Florea has been appointed as the Head of Office Advisory Department and Claudia Cetățoiu has been promoted to the role of Corporate Transaction Director within the same unit. 

CTP has leased approximately 68,000 sqm of industrial and warehouse space to Mercator, a major Serbian supermarket chain, at CTPark Belgrade City, which will be the largest logistics hub in Serbia when complete.

The Riveroff building in Holešovice, part of the Port7 office complex near the Troja Bridge and Holešovice railway station in Prague, is changing hands. Brno-based businessman Jan Čermák has sold it to South Bohemian company 4 MTK, backed by Martin Krupauer, a prominent Czech architect from České Budějovice, e15.cz reports.

Czech real estate fund ZDR Investments has bought the Galeria Bakar shopping park in Rijeka, Croatia, for €40 million. Part of the shopping park has already been completed and another one will be ready within a year. The acquisition brings the fund's portfolio to 39 properties with a value in excess of CZK 10 billion (over €411 million), the group reports on its website.

Panattoni has completed Panattoni Park Kraków North, its largest project in Małopolska with an area of over 56,500 sqm. Trivium Packaging is to occupy around 21,000 sqm while Almus is to take up over 25,000 sqm. These are two of the largest leases signed by Panattoni in the region.

New Immo Holding, which brings together the real estate activities of the Mulliez Family Association, has recorded gross revenues of €304.5 million during H1 2023, up 7% compared to the same period of last year, while the rental income rose by 2.6%. 

The office building in the very centre of Prague, Masaryčka, which bears the personal handwriting of the world-famous architect Zaha Hadid, has been duly approved. The new building, which was built by Penta Real Estate, is now being occupied by its first tenants.

Savills has appointed Igor Gacek as Head of Property Management for the Czech Republic and Slovakia, effective 1st August 2023.

A recent increase in supply is providing buyers with a broader selection of opportunities across CEE. Martin Ofner, Head of Market Analysis at Arnold Investments, shared with Property Forum his investment outlook for the CEE region.