Around 500 colleagues based in Hungary’s second-biggest city will move to the new location, state-of-the-art Forest Offices in 2023.

Piotr Szafarz, Partner, Head of Real Estate in Poland and CEE, Dentons talked to Property Forum about the forecasts for the PRS market in Poland, the impact of the war in Ukraine on the European properties and the expected changes in financing conditions.

As of November this year, Multi Corporation has been appointed the new property and asset manager for the shopping centre Central in Bratislava, the company announced.

Phase 1 of the East Gate Pro Business Park has been completed. Nearly 75% of the available space had been leased.

Romanian developer Urban Invest will add a hotel under the AC Marriott brand in its mixed-use project Urban Plaza that is currently under construction in Brașov. 

The Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q3 2022. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark Polska, Savills) and includes information on existing modern office stock, new completions, take-up volumes and vacancy rates.

Panattoni starts another record-breaking investment, valued at €161 million (about PLN 770 million). The developer purchased nearly 45 hectares of land in October this year. Panattoni Park Katowice Airport will begin construction in the coming months, eventually reaching an area of 216,270 sqm. The investment will be built in the vicinity of the international airport, and the A1 and S1 routes. 

Japanese clothing chain UNIQLO has opened its store in Domy Towarowe Wars Sawa Junior in Warsaw. The two-storey store has been inaugurated on October 27.

Industrial and logistics developer CTP has named Matthias Bitzan as Country Head for operations in Austria. He joins CTP from Austria’s Erste Group Bank where he was head of Commercial Real Estate Clients and responsible for growing the bank’s loan portfolio in Austria and CEE markets over the last decade. 

Romanian developer One United Properties has secured the building permit for One High District, a large-scale premium development with 786 apartments. The gross development value of the project is €154.2 million and delivery is estimated for the end of 2025.