CTP announced its results for the first half-year of 2021. CTP reports strong half-year results and is well on track to further accelerate its development, raising its GLA growth target to beyond 7.7 million sqm by year-end 2021, up from 7.5 million sqm as guidance at its IPO end of March 2021.

Sorin Dumitrașcu, Country Director, Atenor Romania, talked to Property Forum about the sale of the company's first office project in Bucharest and the decision to expand its investment portfolio in the high-end residential niche.  

7R is building an advanced warehouse facility in Silesia for Aluprof SA – one of the manufacturers of aluminum systems in Europe. The tenant, which exports products to 55 countries and has 1,300 regular customers, will move into the building in Q1 2022.

GEODIS, an international logistics company, has signed a lease agreement for additional 5,000 sqm of warehouse and office space in the Tristar Wrocław industrial and logistics park. Until now GEODIS Poland Sp. z o.o. who provides Contract Logistics, Road Transport and Freight Forwarding Services occupied approx. 15,000 sqm. Starting from 2nd February 2022, GEODIS will expand their footprint in the project to 20,000 sqm of total leased area.

A banking consortium granted a €120 million sustainability-related loan to a company in the NEPI Rockcastle, NE Property BV Group. 

Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.

The office leasing market in Bucharest is gradually recovering and there were deals worth 70,000 sqm that were closed in the second quarter, according to an analysis by real estate consultancy Griffes. 

Piotr Trzciński, Head of Investment – Poland at Savills Investment Management talked to Property Forum about the changes forced by pandemic on the investment market, financing conditions and the long-term strategies of major international players.

Romanian developer One United Properties says it contracted market making services to boost the liquidity of its shares on the Bucharest Stock Exchange (BVB).

The new ibis Bucharest Politehnica will be managed by Accor in Romania. The project was developed by local real estate company Novum Business Services.