Panattoni is developing a distribution centre for  ORBICO Supply – a logistics operator from the Orbico Polska group, responsible for the distribution of over 50 global brands. On completion the BTS centre in Teresin will have an area of 38,000 sqm.

Logistics operators accounted for approximately 50% of the Q1 2023 demand for industrial spaces in Romania which totaled 330,000 sqm, up 10% year-on-year, according to Cushman & Wakefield Echinox. 

Bucharest accounted for 75% of the total office space that was leased across major Romanian cities in Q1 2023 according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. 

LeadCrest Capital Partners announced two transactions in Poland: a new industrial sale-leaseback as well as €20 million sale-leaseback acquisition of three retail warehouses.

H2 Energy, a subsidiary of Westa Investments, has signed an agreement with JLL. The contract covers advisory support regarding investment located in Poland’s Lubuskie province. The investor plans to build one of the largest Hydrogen Valleys in Europe, which will be based on large-scale wind and photovoltaic farms. The role of JLL's experts in the project will be to obtain a partner interested in jointly developing the hydrogen hub with H2 Energy.

Rohlig Suus Logistics has leased 20,393 sqm at MDC2 Park Gliwice, which will include 19,773 sqm of warehouse space and 420 sqm of office and social space. The total area of the 3 warehouse buildings in the park will exceed 57,000 sqm.

Given CPI Property Group’s recent acquisition of Immofinanz and S Immo, the company is more focused on implementing its integration strategy, rather than necessarily looking at new acquisitions, says Mindee Lee, Board Secretary and Senior Manager of Corporate Strategy at CPIPG, in an exclusive interview with Property Forum.

Hungarian real estate developer and investor Indotek Group has acquired two shopping centres, one located in Valencia and the other in Barcelona, from Socimi Merlin Properties. The amount of the transaction has not been disclosed, Forbes reports.

Software industrial company Honeywell has expanded its lease in Globalworth’s BOC office building in Bucharest and will occupy over 24,000 sqm.

Belgian developer Speedwell has started the construction works for the second phase of development for SpacePlus West project, near Bucharest. The new development will have a leasable area of 7,000 sqm, while the whole project will reach 10,000 sqm.