S Immo has signed a contract to sell Zagrebtower to the OTP Group. The office building comprises a total net area of almost 26,000 sqm and has a BREEAM International In-Use Excellent certificate. The transaction is expected to close in the third quarter of 2024, subject to the necessary regulatory approvals.

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate development company Hanner, have announced the successful transaction involving the division and sale of two buildings within Lipowy Office Park located at Żwirki I Wigury St. in Warsaw, Poland. The price has not been revealed.

Entalpia Europe, a provider of HVAC-R solutions, has become the first tenant of the Hillwood Łazy logistics centre. Entalpia Europe has leased 14,000 sqm of warehouse space and 1,200 sqm of office space and will commence operations at the facility in Q3 2024.

PropertyTalents, a leading European Built Environment Advisory specializing in career and company development, proudly announces the inaugural BE Mixer by PropertyTalents (Warsaw edition). This premier event is set to launch on the first day of spring, March 21, 2024, from 18:00 to 23:00, marking a new beginning filled with insights and networking.

Latest technological innovations may cut time and cost significantly in preparing real estate projects. Property Forum asked Béla Markovich, CEO of construction giant Mapei’s Hungarian subsidiary about the ways the company uses VR and AI to reach higher efficiency and about R+D activity to produce eco-friendly construction materials.

CA Immo has reported a solid operating performance for the 2023 business year. The results show, among other things, a significant increase in rental income (+8%) and high income from the sale of non-strategic properties (sales result of €179 million, FFO II +102%), which led to an increase in the operating result (EBITDA) of 115% compared to the previous year´s figure. Although the company had to record a market-driven non-cash revaluation loss of €532 million in 2023, the EBITDA of €322 million offsets a large part of the full-year revaluation loss, resulting in a consolidated net income of €–224.5 million for financial year 2023.

AFI Europe has just completed the interiors of sixty rental apartments in the second phase of the AFI Home Kolbenova project in Vysočany, Prague. They are available for immediate occupancy.

Romanian entrepreneurs Cristian and Teo Mercinoiu have bought a land plot near the Victoriei Square in central Bucharest, in a deal brokered by iO Partners.

VGP is starting the construction of new warehouses in its VGP Park Ústí nad Labem City. Building B is being prepared for the Czech logistics company RTR-Transport a logistika s.r.o.

Drees & Sommer, a European consulting company providing a single source of consultation and implementation services for the real estate, industrial, energy and infrastructure sectors has appointed Zdeněk Kovář as Managing Director for the Czech Republic.