The construction of three warehouses with a total area of more than 90,000 sqm, the largest of which will have a floor space of almost 50,000 sqm, has started at the MLP Poznań West logistics centre. They are scheduled to be completed in the third quarter of 2022. The role of the general contractor has been entrusted to W.P.I.P.

Panattoni is to provide 133,000 sqm for LPP, the biggest fashion group in the CEE region. As much as 69,000 sqm of this will be built in Panattoni Park Rzeszów North, the construction of which is to complete at the end of Q3 2022. The new investment will be capable of processing up to 100,000 orders per day and storing more than 7 million assorted items. It will support online sales in markets such as Germany, Czech Republic, Hungary, Slovakia and Ukraine. Panattoni Park Rzeszów North will eventually comprise two buildings with a total area of 83,500 sqm. 

Stage Capital, a European secondaries’ investor, acquired a portfolio of shopping centres in Poland from Pradera Central European Fund. The acquisition was on behalf of Stage Capital Laurel II, Stage Capital’s second fund, and backed from funds managed by Glendower Capital.

The high demand generated by the retail, transport and logistics sectors saw P3 Logistic Parks lease around 113,500 sqm of logistics and office spaces in Romania during 2021. 

Beverages maker Heineken Romania will relocate its HQ to a new building under development in northern Bucharest. The company will occupy 3,200 sqm, similar to the surface it has leased in the S-Park project, owned by Immofinanz, according to profit.ro. 

Żabka Group is now the largest chain of autonomous stores in Europe after launching 25 AI-powered stores called Żabka Nano. The concept enables quick shopping without checkout clerks, queues, or cash to sell products precisely matched to location and customer demographics. The stores operate in several formats such as standalone container-based vending machines, traditional brick-and-mortar and store-within-a-store points of sale; each leveraging AI-powered computer vision technology created through close cooperation with American technology company AiFi.

Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.

Speedwell and Baltisse have sold Record Park Offices in Cluj-Napoca to Belgian AYA Properties Fund in a deal worth €35 million. 

Warehouse developer operating on the Polish market, MDC2 has reached an agreement with Fortress REIT Limited – South Africa’s largest owner and developer of logistics real estate. 

Tétris Romania, the subsidiary of real estate consultancy JLL, has appointed Vlad Stanislav as Managing Director, tasked with developing the local operations. The company offers design solutions for offices, homes or hotels.