Office Park Plovdiv has become the first office building with a Gold LEED Certificate for sustainable construction in the city.

MLP Group has published its 2022 performance figures. The Group’s Net Assets Value (NAV) went up 37%, to just under PLN 2.5 billion (€532.6 million). The value of its investment properties rose 31%, to more than PLN 4.4 billion (€945 million). Consolidated revenue improved 39% yoy, to PLN 279.1 million (€59.5 million), driven by an increase in leased area combined with higher rental rates. Rental income from investment properties increased by 31%, to PLN 152.9 million. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 47%, to PLN 135.1 million (€28.8 million). Last year, MLP Group earned PLN 422.4 million (€90.1 million) in net profit.

GLP has completed the third building at Poznań Airport Logistics Centre in Poland. This is the final stage of the project, which offers a total of more than 81,000 sqm of warehouse and production space.

Ervin Palfy, Country Manager Slovakia at Arnold Investments talked to Property Forum about CEE investment market trends and the growing popularity of cross-border deals.

The hypermarket chain has switched on 420 kWp of rooftop solar panels, bringing the total number of facilities to six. The two new sites are located in the southern city of Petrich and in the capital's Mladost 4 district. By the end of the ear, the retail leader plans to put into operation three more photovoltaic installations.

With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 

Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total. 

Accolade Industrial Fund achieved a return of 9.33 percent in euros and 8.49 percent in crowns last year. It thus met the expected appreciation even in unpredictable economic conditions. Other figures, such as the increase in rent collections, a portfolio value of over €1.5 billion and the ownership of 1.6 million sqm of premium industrial space, also show that the fund has performed well, the fund announced.

The four-star facility called Flow hotel was opened in Inárcs on Thursday and is to welcome conferences and ceremonial events such as weddings. It was financed in total by a private investor. 

According to Savills latest research, pricing levels are increasingly attracting North American investors to European real estate. In 2022, North Americans invested more than Europeans cross the border, €48 billion compared to €36.6 billion, which is 31% above the five-year average for the former. In the Czech Republic, investors from North America spent €321 million in 2022 (40% above the five-year average), while European buyers (excluding domestic capital) acquired assets worth €459 million.