Heimstaden Poland has obtained a loan of €47.2 million from Santander Bank Polska. The funds will be used to refinance the company's first two projects: Bokserska and Grzybowska, which are completed and fully leased. A total of 566 high-quality apartments for rent were built as part of both investments, the company announced on LinkedIn.

ČEZ Esco and CTP have launched a strategic cooperation in the field of modern energy and renewable energy. They intend to equip the roofs of selected CTP parks with photovoltaic power plants in the coming years. The first joint photovoltaic plant with a capacity of 2 MW has already been built in CTPark Prague East in Nupaki near Prague on the roofs of the halls where the logistics company Raben is located. A test run of this rooftop PV system is currently underway. New power plants are also being built at CTParks in Chrášt'any near Prague, Hradec Králové, Brno, Ostrava and Cerhovice near Hořovice. The companies are considering extending their cooperation to other areas of modern energy.

Kempinski Hotels unveiled plans for its first 5-star hotel in Romania that will be developed in the Poiana Brașov mountain resort.

The Hungarian subsidiary of Panattoni Group has agreed to build a 32,000 sqm logistics centre for a large retail operator in a BTS project. The new facility will be built in the suburbs of Budapest and is scheduled to open in September 2025.

Panattoni has completed a logistics centre for DHL Parcel. The 32,000 sqm centre in Robakowo is going to be the developer’s third industrial development in Poland to be awarded a BREEAM certification rating of Outstanding.

Savills Investment Management announced its global outlook for real estate investment markets in 2024, highlighting several key sectors it believes offer rewarding opportunities for informed investors.

Gdańsk-based developer Torus Logistics has announced the acquisition of a building permit for its new initiative, Gdynia City Logistics which will be developed in in partnership with BTV, a boutique asset and development management company specialising in logistics real estate.

Industrial and logistics developer VGP has leased 10,000 sqm in VGP Park Arad project to Romanian courier company FAN Courier. Following the latest lease deal, the industrial project has reached full occupancy for its first building.

French HVAC supplier Groupe Atlantic will open its first Romanian manufacturing plant within the PWP Bucharest North project owned by Alinso in Ploiești. The group will invest around €60 million in the new facility that will be developed on a land plot of 145,000 sqm.

Over the past year, many residential markets in CEE that have historically depended on credit buyers, have experienced a significant slowdown. This is not the case with Serbia’s residential market which has been dominated by cash buyers. At the same time, the local commercial real estate market also remains attractive to foreign investors, especially for the development of logistics and industrial facilities. These are just some of the conclusions of last week‘s Balkans Property Forum 2023, organised in Belgrade by Property Forum.