CPI Property Group has sold the Concept Tower office building in Warsaw to Wood & Company Real Estate Fund. The price has not been discolsed.

According to the latest report from Cushman & Wakefield, 2023 saw the second-highest supply level and the third-highest take-up figure in the history of the Polish industrial market. The sector continues to enjoy strong fundamentals supporting its steady growth despite the rapidly changing macroeconomic environment.

According to the latest quarterly report by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floor space supply.

Commercial real estate transactions in Romania amounting to more than €600 million are currently under negotiation. Around half of assets in ongoing talks are based in Bucharest, according to a Cushman & Wakefield Echinox report.

A new high-rise building replacing an older hotel on the busy Bajkalská street in Bratislava has received an EIA approval, reports YIMBA.sk.

The Royal Institution of Chartered Surveyors (RICS) is launching a new data list, alongside a thought leadership paper which explores and aids valuers in incorporating ESG into their work.

Coworking space operator betahaus has opened its first hub in Bucharest, marking its entrance in Romania. The company has leased space in the Premium Plaza office project owned by GTC in central Bucharest.

Panattoni has just handed over the first building in the Panattoni Park Tricity East V complex, near the Port of Gdańsk. Regesta is to start operating in the building.

Ideal Idea is commencing the construction of its fifth facility as part of the expansion of the City Park Wrocław business park, located next to the airport of the Lower Silesian capital. The new 15,000 sqm building increases the total space offered by Ideal Idea in Wrocław to 36,000 sqm.

NEPI Rockcastle, the third biggest retail real estate company in Europe, saw its net operating income soar 21% to a record €491 million in 2023 compared to the previous year over strong sales of its tenants across the region.