Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of the developer’s locations, environmentally-friendly outdoor furniture can be found, made from former wind turbines. In 2023, similar furniture is to appear in another 100 locations.

A key challenge facing many real estate corporates, who historically have been reliant on the bond markets, is the quantum of near-term maturities. This includes the Nordics where JLL estimates circa 32% of real estate corporate bonds are due to mature within the next 2 years. 

Demand for renting and buying real estate should remain decent over the longer term in Romania and its neighbors, despite 2023 most likely being a bit more challenging than a regular year, according to experts of Colliers. 

Romanian developer Transilvania Construcții has purchased an industrial park in Arad from Comalim in a deal estimated at around €3.5 million. 

A stagnating market, stable prices of quality properties and further inflation of the rental housing bubble. These are the key trends of the Prague residential market at the end of last year, according to an analysis by Svoboda & Williams.

Property Forum is looking for a part-time editor covering the Serbian real estate market to help expand its CEE intelligence platform. 

Another new residential building, Oliva, built by Passerinvest in Prague Brumlovka, was approved in December. The first residents will start moving into the 72 flats in the first quarter of this year, the developer announced. 

Panattoni has finalised another built-to-suit development in the Lubusz region. The Vita Group – Europe’s largest supplier and producer of polyurethane foam – will start using 8,000 sqm of space in Panattoni Park Żary in the second quarter of 2023. 

GLP has completed the development of another logistics park near Warsaw. The 24,000 sqm GLP Warsaw V Logistics Centre is located next to the Grodzisk Mazowiecki Junction of Motorway A2. The logistics company No Limit will be its sole tenant.

Auto Partner, one of the largest auto parts distributors in Poland, has leased 30,000 sqm of modern commercial space at MLP Zgorzelec. It will be the first tenant in a new logistics centre being built near the border with Germany and the Czech Republic. With the new transaction, the total space leased by this auto parts distributor and importer in MLP Group facilities has increased to nearly 60,000 sqm.