CPI Property Group signed framework agreements with advisory company JLL for comprehensive project management services in 13 office buildings in Warsaw. The total GLA that the cooperation encompasses is approximately 320,000 sqm. The JLL Project & Development Services team will be responsible for the implementation.

The COVID-19 pandemic continues to affect our professional and private lives to an unprecedented degree, changing many aspects of the way businesses and public sector services operate. In its latest report "Defining the New. New work models and approaches in the BSS sector" Colliers presents the results of a survey conducted among 76 members of the Association of Business Service Leaders (ABSL) – executives from the BSS sector.

FLE SICAV FIS, managed by FLE GmbH, has acquired the Rockwell Automation warehouse and industrial facility in Katowice. Knight Frank advised the buyer. The value of the deal is confidential.

Cushman & Wakefield Echinox says it will provide consulting services in construction for the extension of Colosseum Mall, a Bucharest-based project with a total area of 21,616 sqm. 

The construction of the Punkt (Point) office building has begun in Wrzeszcz district of Gdańsk. This is a new and - after Officyna - another investment conducted by Torus in this part of the city. The building will offer nearly 13,000 square metres of leasable area

Property developer Novum Business Invest has kicked off the development of a new residential compound in Bucharest with an estimated investment value of more than €90 million. 

The high inflation rate that averages at 5% across Central and Eastern Europe and its impact on the property sector was debated during the financing panel of CEE Property Forum 2021, Property Forum's first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.

Although the Polish retail market is still struggling with the effects of the COVID-19 pandemic, forecasts for the sector are more optimistic than for the rest of Europe. According to Oxford Economics, retail sales in Poland are expected to grow by 4.9% per annum until 2023, which would put Poland in a leading position in Europe. 2021 is expected to see approximately 209,000 sqm of GLA solely in retail parks come onto the market, meaning that 2021 would be a record breaking year for retail parks in terms of space delivered to the market. JLL and Trei Real Estate Poland, the authors of the 2nd edition of the "Retail parks and convenience centers in Poland" report, summarize the market regarding these projects at the end of H1 2021, and outline the development prospects for this sector in Poland.

Scallier says it will officially open in late September its retail park in Roșiorii de Vede, a small city in southern Romania. 

EQT Exeter has acquired a portfolio of five Polish warehouse properties from Tristan Capital Partners’ EPISO 4 fund and White Star Real Estate for an undisclosed sum.