Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district.

The total stock of SBU (Small Business Units) / LML (Last Mile Logistics) space in the CEE-15 countries accounts for over 3 million sqm, but the development of this market is not evenly spread in this region. The largest amount of space is located in Poland (circa about 2 million sqm), reveals a new report by Colliers.

Revetas Capital has completed its sustainability-focused investment project at the Bonarka for Business “B4B” office park in Kraków, the B4B Oasis. By activating the common areas, the workplace is enhanced, thereby reducing the overall density within the buildings.

A new residential area is to be built on the site of the former Matador enamel factory in Bratislava. Development company Oxio promises to build 2,300 flats including infrastructure on an area of 10 hectares. The part called Smaltovna already has a building permit, the developer announced.

Romanian developer Iulius will develop a new residential building in Iași, close to Palas Campus office project, based on the architectural complex designed by UNStudio. 

Andrei Duță, Country Manager Romania at Realpad spoke to Property Forum about the openness of local residential developers to digitization solutions, but also about the company's expansion into other cities in Romania. Realpad will add digital solutions for the commercial and rental sector as part of an ambitious growth plan in the region.

Romanian developer One United Properties has purchased a 10,710 sqm land plot near Floreasca where it plans to start a new residential investment.

Accolade Group plans to invest over CZK 6 billion in the Karlovy Vary Region. Accolade's portfolio currently includes two industrial parks near Cheb with a total of five buildings and thirteen tenants. Three more buildings are in preparation or under construction in Cheb. So far, the group has financed the development of approximately 250,000 sqm of industrial and logistics space in the area, the value of which exceeds CZK 5 billion.

Austrian developer Karimpol Group has finished the first stage of the Squarebizz Bory project in Bratislava, which comprises eco-friendly retail storage, service and showroom space within an area of 15,000 sqm. The developer also announced the first tenants who have signed contracts already and the launching of the second phase.

In total, 16,000 sqm of Class A office space has been delivered in the second largest city of Hungary. The building was developed by a local company, Dryvit Profi, realista.hu reports.