BNP Paribas Real Estate Poland has summarized the first three months in the Polish investment market and pointed out, among other things: reduction in investors' appetite and waiting caused by the war in Ukraine, combat with inflation, rising commodity prices, as well as a hesitant start of the year in the sector of logistics and industrial investments.

Romanian developer Țiriac Imobiliare has officially opened its new office project in central Bucharest, located near Victoriei Square. 

A consortium consisting of Austrian banks: Erste Group Bank AG and Raiffeisenlandesbank Niederösterreich-Wien AG, provided financing in the amount of up to €70 million and PLN 10 million to two special purpose vehicles from the Cavatina Holding S.A. group. implementing the Ocean Office Park complex in Kraków. The funds from the loans will be used to finance and refinance expenditure related to the construction and finishing of office buildings A and B in a multifunctional investment in Kraków's Zabłocie district.

Occupiers can expect to see an increase in location choices and enhanced specification in the flexible office space, predicts Colliers in its latest report, Flexpansion 2021, which analysed 36 EMEA markets (Europe, Middle East and Africa).

The Warsaw office market is showing signs of a long-awaited recovery, says real estate advisory firm Savills. Office take-up hit 273,200 sqm in the first three months of the year, which were one the best-performing quarters in the history of the capital. Savills forecasts that with office availability continuously shrinking in the city centre, the market is set for further rental growth next year.

Newly approved building regulations in Slovakia will significantly reduce the endless waiting for building permits. Thanks to advanced digitalisation, the individual processes and the timeframes for their execution are shortened. Builders will thus be able to calculate the capital invested and the entire work schedule more accurately. Therefore, a new Office for Spatial Planning and Construction is being established as a central state administration body, as well as a specialised construction office for the so-called EIA of construction at the Ministry of the Environment, webnoviny.sk informs.

Supply chain operator HAVI says it will obtain a reduction of carbon emissions by 7,000 tonnes over its 10-year lease in Chitila Logistics Hub, where it has been present for six months. 

Immofinanz has just leased the last free unit in its Hungarian Stop Shop portfolio, reaching a 100% occupancy rate. The newest and last tenant is Sportisimo in Stop Shop Keszthely. The company has roughly 136,000 sqm of fully leased retail space in 14 locations across Hungary. 

Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales. 

ESG can lead to a fundamental transformation of today’s business environment but for that to happen the approach of both landlords and tenants must change, according to the participants of the ESG panel at Prague Property Forum 2022.