Smart office startup Nooka Space aims to develop its Romanian network through partnerships with property developers and hospitality operators.

Property group NEPI Rockcastle has launched the “Donate for the Ukrainian people” campaign, conducted through SPOT, the mobile loyalty application of the company.  

Romanian developer One United Properties aims to raise up to €100 million in equity from investors through a share capital increase. The move will be up for vote during the next shareholder’s meeting of the company slated for April 26. 

Poland’s convenience retail market has seen dynamic growth during 2020 and 2021 with several significant investment transactions closed and many new developments launched. Michał Ćwikliński MRICS, Principal, Managing Director and Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young in Poland talked to Property Forum about the trends driving this market segment.

The leading logistics developer has made a €21 billion offer for a huge chunk of „last mile” properties, Bloomberg reports. None of the parties made comments on the news but Blackstone said earlier that a capital increase worth €21 billion was on the agenda.

More brownfield sites in Prague are set for new residential development. Czech developer Ekospol is planning its big comeback to the domestic development scene and wants to build 2,000 flats in Prague's Zličín district within 10 years. It is now waiting for the necessary permits to start building Ekocity Zličín, company spokesman Filip Sušanka told Property Forum today. 

Hungarian pharmaceutical giant Richter Gedeon will get a brand new HQ in Budapest. The handover is planned for the end of 2023.

The construction of the P180 office building, Skanska's investment, located directly next to the Wilanowska metro station in Warsaw, is entering its final phase. A symbolic topping out of the building signifies the end of construction works. The project will ultimately provide 32,000 sqm of office space. The building is scheduled to be commissioned in September 2022.

In 2021, Poland's warehouse market recorded another outstanding result. The seven most important highlights included a record-breaking volume of investment transactions, take-up, and space under construction. The total industrial stock at the end of December 2021 amounted to more than 25 million sqm, with the vacancy rate indicating only 3.72%.

Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70 billion, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals.