More real estate deals will be closed once central banks start to cut interest rates, while Romania is still seeing investment geared towards sustainability in its commercial and residential sectors, concluded speakers of the dealmakers panel of Property Forum’s Spring Networking Party, held in Bucharest.

YIT has signed agreements to establish three joint ventures with the Czech investment group RSJ Investments in Lithuania, Latvia, and Slovakia. YIT is selling plots or projects under construction to joint ventures under the same agreement.

Since the end of April, the residential project Pri studničke of the developer Studnička Development has had a valid building permit issued. The residence is planned near Bratislava's greatest forest park Železná studnička, in the location adjacent to the future research center Eset Kampus.

Atenor signed one of the first green loan transactions in Poland, totalling €38 million in collaboration with BNP Paribas Bank Polska and Santander Bank Polska. 

Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.

European Logistics Investment (ELI), a logistics platform in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has signed a €155 million loan agreement with a consortium of pbb and Helaba. The funds will be used to refinance eleven properties of ELI’s logistics portfolio in nine locations: Bydgoszcz, Czeladź, Kraków (Nowa Huta and Skawina), Łódź, Opole, Toruń, Tychy and Warszawa (Błonie), comprising a total GLA of over 335,000 sqm. pbb and Helaba acted as Joint Lead Arrangers providing equal portions of the funding. pbb also acted as facility and security agent of the transaction.

The headline RICS Global Commercial Property Sentiment Index (CPSI) for Q1 2024 stands at -10 which is the least downbeat reading since Q2 2022. In addition, the less negative tone across the aggregate results is coming through both on the occupier and investor sides of the market.

Regus Centerpoint will be a workspace with co-working spaces, private offices, meeting rooms and creative spaces. This opening follows a partnership agreement with GTC Hungary, who has invested in the IWG platform to create a branded flexible workspace in their building.

Banks are starting to ask from the first stage about the sustainability targets of real estate projects, while EU rules are shaping the reporting framework, concluded speakers of the construction and property development panel of Property Forum’s Romania ESG Forum held in Bucharest.

The Millhaus residential project, with which developer Immocap and the investment group WOOD & Company have entered the residential market in Bratislava recently, has reached another important milestone.