Spirits producer Alexandrion Group will open next year a new hotel in Romanian mountain resort Sinaia following an investment of around €17 million.

A pandemic, high inflation, rising prices for materials and contractors, and consequently, an increase in starting rental rates concerned the warehouse sector in 2022. Despite the difficulties, the logistics and industrial market is stable and has grown dynamically. The breaking point for the sector turned out to be Russia’s aggression against Ukraine at the end of Q1, 2022, which significantly changed the perception of the entire market in the first weeks of the war. Additionally, tenants and developers looked for ways to optimize energy costs throughout the year. Axi Immo presented a recap of 2022 and forecasts for 2023 for the warehouse market in Poland.

Globalworth announced the signing of two new facilities with Erste Group for an aggregate amount of €160 million. These facilities are part of the ongoing strategic management of our liquidity and debt management initiatives, further strengthening the company's liquidity position at attractive market terms.

A JV of Investika – a Czech retail investment fund, and Bud Holdings – a Luxembourg-based private equity company, became the new owner of the entire Face2Face Business Campus in Katowice. Echo Investment signed a sale agreement for the complex comprising two office buildings. The agreed price is about €110 million.

Slovak construction company HSF System SK has completed the general delivery of two more shopping centres in Slovakia. In Kysucke Nové Mesto, which is located in the Žilina region, the shopping gallery Obchodná galéria Naša was opened to the public. In Košice, a new SIKO shopping centre was built.

AFI Europe has completed its third rental housing project in Prague this year. AFIHome Kolbenova, the first apartment building in the new multifunctional district AFI City in Prague 9, has now been approved.

Panattoni has sold its fully-leased Silesia East logistics park near Katowice in the south of Poland, to Palmira Polska Sp. z.o.o, the Polish subsidiary of Frankfurt-headquartered investor and asset manager Palmira Capital Partners. The 32,000 sqm Grade A complex is part of a major logistics hub around Katowice, the capital of the Silesia region, which borders the Czech Republic and Slovakia and lies at the heart of the industrial and manufacturing centre of Central and Eastern Europe. The parties agreed not to disclose the value of the transaction.

The development, located in the centre of Katowice, will offer nearly 48,000 sqm of office space, more than 1,000 sqm of green terraces, outdoor areas and social spaces. Construction of the building has already begun.

The entire Revolucija office building, developed by Granit Invest, with more than 10,000 square meters of office, retail and garage space, was leased to one company as a tenant, which was advised by CBRE South Eastern Europe.

From December 22 this year, customers travelling on the Wielkopolska Motorway will be able to make quick purchases in two Żabka stores located in motorway service areas, the so-called MOPs - Gnilec (the last rest stop before the German border) and Sosna (the first rest stop point after entering Poland from Germany). The new format includes the 9000th and 9001st jubilee stores. The new format is tailored to the needs of travellers, who can benefit from an extended range of hot snacks, coffee, and sandwiches or salads.