The volume of investments in commercial real estate reached a total value of €368 million in the Czech real estate market in Q3 2022. Most of the investment transactions were mainly in the office and retail segments. Czech investors were the most active investors in this period. Demand for prime real estate is still stronger than what is on offer on the market, Knight Frank said in its report.

Spanish manufacturer of elevator components Savera is now relocating its production facility to the new CTPark Ostrava Poruba. The relocation was facilitated by Colliers.

Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania. 

Property developer and investor Prime Kapital has announced a new urban regeneration project on a 5.6-hectare plot near the Bega river in Timișoara. 

The second phase of the almost completely contactless Corvin Innovation Campus office building developed by Hungarian firm Futureal has reached its highest point. This part provides 14,310 sqm of office space, and it has been developed according to the energy-cost-sensitive tenants’ needs. 

Property developer AFI Europe aims to obtain by 2025 the LEED Zero Carbon certification for all ongoing office projects, and also for all future AFI Europe’s projects targeted to be developed in the future in Romania. 

Romanian developer One United Properties has purchased Bucharest-based office project Eliade Tower from Eurobank Greece for €9.5 million. The building is located near the company’s mixed-use complex One Floreasca City. 

Krzysztof Poznański, Managing Director of the Polish Council of Shopping Centres, has talked to Property Forum about the industry's struggle with the effects of the pandemic, the impact of rising energy prices and double-digit inflation.

RSBC Development Financing in cooperation with Masák & Partner plans to start a new residential development in the former ČKD factory in Prague Vysočany later this year. The original industrial building should be converted into 215 atypical two-floor apartments, i.e. lofts, within two years for CZK 2 billion (€81.6 million), writes E15.cz.

Industrial developer CTP has kicked off a new €150 million investment program to develop over 200,000 sqm of prime warehouse space in Bulgaria over the next two years. The company will also take over two logistics centres in the capital Sofia from Bulgarian logistics developer and operator Transcapital, as part of the investment efforts.