A new inner city warehouse, Gdynia City Logistics, will be built in Gdynia on Północna Street, just 9 km from the city centre, less than 30 minutes drive from the airport and 10 minutes from Gdynia Port. Torus, as part of the diversification of its operations under the name Torus Logistics and in cooperation with BTV Real Estate, has just received a decision on land development conditions.

Building warehouses at post-industrial sites is more difficult and complicated than greenfield projects. It takes more time and money. Brownfield sites are, however, an excellent alternative for developers facing a shortage of land. Brownfield redevelopment is also aligned with sustainability and urban renewal, say Jakub Kurek, Head of Industrial and Warehouse, Newmark Polska, and Michał Rafałowicz, Regional Director, Newmark Polska.

The UDI Group has acquired an industrial site in Brno in January, which it will operate for the time being while preparing for future redevelopment. At the moment, the plan is to build offices and hotel-type accommodations. If the city changes the zoning plan, as it seeks to do, the developer's final project may change to reflect this.  Construction would be done in phases, with the first phase to begin within two years. The developer announced the acquisition without disclosing the transaction price.

Prime residential developments will start in this 13-hectare territory in Pilisborosjenő, 7 km northwest of the capital. OC Investment Solutions assisted with the deal, portfolio.hu reports.

Belgrade’s residential market recorded a quarterly transaction volume of €826.4 million in Q4 2022, the highest on record, local real estate consultancy Cordon reports.

Victoria's Secret's first "real" Czech store - so far an outlet has only operated at Prague's airport - is to open in Prague’s Westfield Chodov shopping centre in May this year, Cushman & Wakefield announced.

Peakside Capital Advisors has selected a general contractor for phase 1 redevelopment of the City Point Targówek urban logistics park. The contract will be executed on an EPC basis by Kajima Poland. Phase 1 demolition work is currently in progress. Ultimately City Point Targówek is to provide nearly 100,000 sqm of warehouse and office space, meeting the highest standards in sustainability. Handover of the first building to tenants is expected to take place by the end of this year.

Patron Capital, the pan-European institutional investor focused on property-backed investments, in partnership with 7R, a developer specializing in the construction of warehouses have announced the sale of an approximately 30,000 sqm logistics asset in Goleniów, Poland to an undisclosed institutional investor for €22 million. 

International logistics and transport company Emons is significantly expanding its network of logistics centres in the Czech Republic. As of February 2023, it will open its new logistics centre in Ostředek, close to the D1 motorway. Advised by Savills Czech Republic and Slovakia, it has leased over 6,000 sqm of warehouse space at Sázava Logistics Park, which was built by development and investment company UDI Group.

The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.