Warsaw UNIT is now fully adapted to work in a post-pandemic reality. The effectiveness of the solutions used in the high-rise building has been confirmed by the WELL Health-Safety Rating certificate.

White Star Logistics, a joint venture between White Star Real Estate and Bain Capital Credit, will build a 30,000 sqm logistics and manufacturing park in Łodź. The complex will consist of two buildings, the first of which will be commissioned in the first half of 2023. This is another investment of White Star Logistics, which was announced in recent months - after warehouse parks in Raszyn, Nowy Konik and Toruń. 

The construction, operation, financing, development and acquisition of commercial property in 2022 and beyond will continue to be impacted by the price of fuel, energy and construction materials. This will be combined with challenges in the supply chain, the nearshoring of operations and rapidly rising inflation, culminating in a direct effect on sale prices and the rent paid by occupiers, reveals a report by Colliers.

Globalworth has entered into an agreement with Żabka for a number of Żabka Nano self-service stores to open in the company's office buildings in 2022. The first stores have already opened in buildings B and D of Quattro Business Park – a modern office complex in Kraków. The openings of Żabka Nano stores in office buildings represents the latest stage in the expansion of the largest chain of self-service stores in Europe, which already amounts to 41 outlets.

Revetas Capital, the pan-European real estate investment advisor, has announced the appointment of Michele Small as independent Board Member of Keystone CEE Scp, being nominated by the EBRD. 

Skanska was the first developer in Europe that has achieved a WELL Health-Safety rating for eight buildings in Poland, Romania, and the Czech Republic, and intends to pursue the certification for all its new projects. The company now has obtained the WELL Health & Safety Rating for Facility Operations and Management for its own headquarters across CEE countries, including the Hungarian one located in the Nordic Light office building.

The YIT Group, which is the largest construction and development company in Finland and has so far operated in 10 countries including the Czech Republic, has completed a strategic review of its business in Russia. Based on this analysis, it signed an agreement with Etalon Group PLC to sell its business in Russia.

Property consultancy Cushman & Wakefield Echinox has taken over the management of Funshop Park developed by Polish company Scallier in Timișoara. 

KS Holding, a Kesko Group company, has completed the sale of Kesko-Senukai stores in Vilnius and Daugavpils to the Finnish Special Mutual Fund Titanium Baltic Real Estate. Together with the sale of Riga’s Ozols Centrs, acquired by Titanium in November, KS Holding has brought retail assets valued at €60 million to the market. Returns to shareholders in the recent transactions for the money invested exceed 20% per annum.

Hungary-based developer Alfa Group has decided to cancel the bond auction within the Hungarian NKP framework in Q1 due to increased interest rates. As the main reason for bond issuance was the need for a financing development pipeline, an alternative source of financing with attractive commercial terms was considered better.