The sector is seeing a recovery following the reopening of the economy. However, a change in the structure of retail formats continues. Increased developer activity will translate into over half a million sqm of new supply by the end of the year.

Młyńska.6 investment in Katowice has just obtained its use permit. The exclusive advisor responsible for the commercialisation of the building is Colliers.   

CTP, the industrial and logistics developer, has acquired seven buildings covering 153,000 sqm from Olympian Parks Group for an undisclosed sum. The assets are located in Brașov, Timișoara, and the south of Bucharest, which are some of the cities with the biggest stock of warehouses.   

Property Forum is excited to announce the shortlist of nominees for its first-ever SEE Property Forum 2021 Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. The winners will be selected by a jury committee comprising leading real estate professionals and the recipients will be announced as part of an Awards Gala and Exclusive Networking Party on 20 October, part of our annual SEE Property Forum conference.

Panattoni has been awarded a BREEAM rating of ‘Excellent’ for the second time. A recently completed BTS development in Świebodzin with an area of 200,000 sqm has successfully undergone environmental certification. In three categories, the project achieved a rating of 'Outstanding'. Among other things, the developer conducted a thorough life-cycle cost (LCC) analysis that covered a 60-year period and installed 3,873 solar panels as well as an intelligent building management system (BMS) and water-saving systems cutting usage by almost 55%. The building has four levels where 30 million separate goods can be stored and is served by 3,000 transport robots.

JLL Hungary has advised the seller on the sale of an operating apartment hotel, Escala Hotel & Suits. The 50-apartment hotel, located in Budapest's Corvin quarter, was sold in August, JLL said in a LinkedIn post.

The potential of the commercial real estate market in Poland is constantly growing, and the profile of projects that investors focus on is changing

CEE is a competitive market based on the number of certified buildings, but companies need to accelerate carbon reduction projects, noted speakers in the ESG strategies panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.

Colliers is starting a new business line - Living Services - from the services offered so far by the Corporate Finance department. The new line will focus exclusively on projects in the living sector and will be offered to clients operating not only in Poland but in the entire CEE region.  

VGP enters the Budapest market by purchasing a 38 ha development site at the strategic location of Üllő, adjacent to Budapest Liszt Ferenc International Airport. The development potential of VGP Park Budapest Aerozone is approx. 125,000 sqm.