Romanian developer Iulius has struck a joint venture deal with W&E Assets, a Romanian-American investment group through which they will hold equal shares of 50% in the two Family Market retail projects completed in Iași County. 

Panattoni increasingly invests in post-industrial land. The share of brownfield sites in the developer's overall portfolio is steadily increasing. In countries such as Germany, France and the Czech Republic, they now even make up more than half of all of its projects under development. Altogether, this type of development now accounts for one-third of the total space completed by Panattoni in Europe and they are a perfect fit with the sustainable development strategy followed by the developer.

International Workplace Group has announced two new locations in Sofia. This brings their portfolio to fifth workspaces in the capital, seven in Bulgaria. One of the locations is at the European Trade Center and the other is the Regus Labirint Center in the Lyulin district

Crestyl has unveiled its new residential project. The project will be built next to the vast Šárka Nature Park in Prague 6 on the site of the current Šárka Business Park industrial and logistics complex (former Aritma). The new free-access residential area with park areas will include 18 villas with a total of 224 apartments, six family houses near the border with the forest land, a kindergarten and premises for services and shops. The architectural and urban design of the buildings and public spaces emphasises the connection with the nearby forest. The project received final planning permission in February this year. Construction of the first phase, which will include 108 apartments, is scheduled to start next year. The total investment will exceed four billion crowns (€170.15 million).

Investors, developers, construction companies, banks and end-users are the main stakeholders in the property value chain. To get the perfect result, you have to involve one more expert, a sustainability manager who will have a special role: represent the Environment, says Dávid Jakab, Managing Partner of advisory firm Realiscon. He and Enikő Kluha, BREEAM Assessor, Advisory Professional at Realiscon talked to Property Forum to provide detailed insight into certification systems.

Romanian developer Iulius has inaugurated Palas Campus, the biggest office building in Romania with a total leasable area of 60,000 sqm, of which 54,000 sqm are offices and the rest retail premises. The project was completed in three years following an investment of more than €120 million. 

Basecamp Student has signed a facility agreement for refinancing their student housing project in Wrocław with a loan in the amount of €36 million, Colliers announced on LinkedIn.

According to Savills’ latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.

CPI Property Group and S Immo have signed and completed an agreement regarding the sale and purchase of a property portfolio in the Czech Republic.

Radisson Hotel Group announced the debut of its upscale Radisson Red brand in Serbia with the signing of Radisson Red Belgrade, set to open later this year. Located just minutes from the capital’s historic centre, Radisson Red is the first Radisson Red branded hotel to be operated by PPHE Hotel Group’s Croatian subsidiary Arena Hospitality Group. This collaboration is made possible under the extended strategic partnership between Radisson Hotel Group and PPHE Hotel Group, through which both companies intend to leverage each other’s brands and strengths.