Globalworth has been granted significant funding in the form of a €145 million bank loan for three flagship properties in Warsaw.

Speedwell expects to break ground in 2024 with its new villa project near Bucharest, in Corbeanca, with the first residential units set to be delivered in early 2025.

Total transaction volume in Q3 2023 in Belgrade was €456 million, which represents a decrease of around 21% year-on-year, according to real estate agency Cordon’s report for Q3 2023.

Crowdfunding can be a valuable tool in diversifying investment portfolios for both sides but it is not easy to navigate the multitude of crowdfunding platforms and their projects on the market. Jan Večerka, CEO of Czech crowdfunding platform Brikkapp, explained in an interview for Property Forum how to effectively navigate the world of crowdfunding and what to look out for.

Brno-based Domoplan from the Fipox Group continues its expansion into Southern Europe. At the beginning of the year, it announced the construction of apartments worth hundreds of millions of crowns in Zagreb, Croatia, and now it is also entering the Serbian market. At the beginning of next year it will start construction in Belgrade, where it is planning a luxury residential project worth €20 million, reports e15.cz.

According to Cushman & Wakefield, leasing activity bounced back strongly on the Polish industrial market in Q3 2023. Meanwhile, development activity was largely driven by pre-lets and BTS projects, with rental rates remaining flat in most regions.

7R is launching its next project in Pomerania. Construction of 7R Park Gdańsk III in Barniewice has just started. Complex SAD has become the first tenant. The company was represented in the negotiations by Newmark Polska consultants.

As elsewhere, the investment market in Poland is struggling with high interest rates and financing costs. Some asset classes though, such as flats for rent and warehouses, remain a desirable commodity among investors - this is how the panel discussion focusing on investment and financing trends at Future of Real Estate 2023 can be summarised. The event was organised by Property Forum and RICS in Warsaw this week.

iO Partners has decided to promote Ján Bošácky to the position of Head of Data for CEE. This decision is aimed at delivering best-in-class data solutions to regional and international clients. His mission is to build the most robust Real Estate Data Hub, which will, in turn, help maintain the company's status within the countries where iO Partners operates. 

Bank Pekao, in collaboration with Berlin Hyp AG granted a €125 million investment loan to Promenada Shopping Mall. Pekao is also acting as the Loan and Security Agent for the transaction.