The Prague municipality is offering Komerční banka (KB) CZK 3.65 billion (€143,865 million) for the building on the corner of Wenceslas Square and Štěpánská Street, reports Newstream.cz.

The industrial park near the East Slovak village of Veľká Ida is getting another factory. A Belgian developer is building it, DennikN.sk reports.

The Máj department store, whose reconstruction has been running since July 2022, is planning its reopening to the public in June 2024, reports E15.cz.

Panattoni has finalised the sale of a centre in Lower Silesia. An international real estate company has purchased Panattoni Park Wrocław West Gate with a total area of 46,900 sqm. The price has not been revealed. 

On 1 March 2024, Savills expanded its Operational Capital Markets (OCM) division in Poland to provide advisory services for property investors, developers and operators across all operational real estate sectors.

After four years of a pandemic-induced disruption it is now clear that although hybrid working is not the dominant pattern, it is here to stay. New research from Cushman & Wakefield has found that 27% of Polish people combine in-office attendance with home office, whereas that figure for cities with a population of over 500,000 stands at 36%. Meanwhile, employers and property managers keep looking for ways to incentivise employees to come to the office more frequently. Employees working hybrid schedules value the office particularly for well-equipped spaces for focused work and for fostering collaboration and relationship building, reveals the report from Cushman & Wakefield. At the same time, 47% of respondents are against being mandated to work a fixed number of in-office days.

CPI Romania has named Cushman & Wakefield Echinox as manager of Expo Business Park in Bucharest.

Charles Boudet, CEO of iO Partners, spoke to Property Forum about the ongoing expansion plans of the real estate consultancy in the region and the trend of foreign investors returning to their core markets.

Yusen Logistics, a global logistics provider, has leased 19,000 sqm in CTPark Bucharest, owned by CTP, for the next five years, in a deal brokered by CBRE.

The extension of ARETE Park Plzeň Borská pole for Czech logistics and technology company Zásilkovna has been completed and handed over to the tenant for use.