Real estate developer AFI Europe has obtained the LEED v4.1 O+M certification for its AFI Cotroceni mall in Bucharest. The company was assisted by Colliers in obtaining the green certification. 

Jacek Korwin-Małaszyński and Michał Korwin-Małaszyński, Members of the Board of APP Projekt, one of the leaders in construction engineering in Poland, have talked to Property Forum about the current situation on the property market, prices of the materials and the impact of the '2% Safe Credit' on the industry.

CBRE has announced the appointment of Ivana Rajković Špes as Country Head for the Croatian market within its Southeast Europe Office (SEE).

Focus Estate Fund plans to convert its entire shopping centre portfolio to solar-powered facilities. The first initiative was inaugurated with the installation of solar panels at Galeria Awangarda in Bartoszyce.

Warehouse developer LCube has secured planning permission for another of its investments – Lcube Mszczonów. The project calls for the development of an industrial and warehouse park, spanning approximately 31,500 square meters on a nearly 8-hectare site.

Primavera Development has started the construction of a new complex of villas in northern Bucharest, with an estimated investment of around €30 million. 

Leoš Anderle, CEO of Sekyra Group spoke to Property Forum about the residential projects of the Group not only in Prague but also in other cities, including abroad. He also shared what kind of buildings are the most complicated to build.

The letter of intent signed in May this year between the Accor Group and PHH Group is giving first effects. Representatives of both companies have signed a franchise agreement. As part of the cooperation, the seaside resort Interferie Hotel Medical Spa in Świnoujście, which is part of the PHH Group, is changing its name to Mövenpick, a premium brand belonging to the Accor Group. The new Mövenpick Świnoujście Medical Spa Resort will welcome guests in just over a few months.

With the new academic year approaching, thousands of students are stepping up their search for accommodation. Meanwhile, Cushman & Wakefield has identified that, given the current bed provision in Poland, just 10% of all students can be accommodated in university-owned and private halls of residence. Those considering looking for privately rented accommodation will, however, face many challenges. According to Otodom, the availability of rental residential units in many key university towns is shrinking while rents continue to rise, with rental growth at the end of July 2023 averaging 1.5% month-on-month (m/m) and 8.5% year-on-year (y/y).

Prime Kapital has inaugurated Carolina Mall in Alba Iulia following an investment of around €47 million. The mall has a leasable area of over 33,100 sqm and hosts 70 stores.