Authorizations of new residential developments in Bucharest were down in the first semester by one third compared with the same period of 2021 but hit a 14-year record with a permitted volume of 350,000 sqm in July alone, shows data from Colliers Romania. 

CA Immo has successfully signed the sale of seven office buildings in Bucharest. As CBRE Romania confirmed to Property Forum, the buyer is Pavăl Holding, the investment vehicle of the Pavăl family which also owns Dedeman, the biggest Romanian DIY chain. This transaction marks CA Immo's exit from the Romanian market.

Romanian developer Forty Management is looking to buy land in Poland and Czech Republic for new investments of mixed-use projects under the Central District Lagoon City brand. 

In the second and third quarters of this year, premium industrial and logistics real estate investor Accolade signed lease agreements for almost 460,000 sqm in the six countries where it operates. A significant part of this was due to parks in the Czech Republic and Spain, its first park in the Netherlands, and also Poland, where the group completed construction of a large project in Szczecin. Accolade came to Poland seven years ago and currently owns 26 of 45 parks in its portfolio, both those completed and under construction, spanning nearly 1.5 million sqm.

River Development will complete in May 2023 an investment of more than €1 million in a photovoltaic power plant for the generation of green, renewable and clean energy in Sema Parc. The plan will initially cover part of the electricity consumption in three office buildings based in the Bucharest project. 

Romanian developer Genesis Property has completed the largest renewable energy project in an office park in Romania. The project consisted of the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park based in northern Bucharest, following an investment of €1 million.

Prima Development Group has started the development of a new residential project in northern Bucharest that will feature 482 apartments. 

Consumer behaviour is changing and shoppertainment is a big opportunity to continue to generate engagement and drive loyalty. Outlet centres can offer a wide range of branded goods and a variety of excitement for the whole family in our turbulent times, Csaba Imre, Country Manager of ROS Retail Outlet Shopping, the operator of Premier Outlet Centre in Biatorbágy, Hungary explains in our latest interview.

Panattoni has its first development for DTW Logistics – a rapidly developing company from the TSL sector. The tenant is to occupy over 25,000 sqm in Panattoni Park Warsaw West and is to start using the leased space from April 2023. 

Ghelamco has completed the construction of its first three photovoltaic farms in Poland as a part of a program to achieve energy neutrality announced in May this year.