The retail market in Romania is set to expand by more than 500,000 sqm in the next four years, with 10 of the projects in the pipeline each having more than 10,000 sqm, according to  Cushman & Wakefield Echinox. 

Green certificates are becoming the norm in CEE but words like 'excellent' or 'platinum' don't always provide enough information about a building's overall environmental impact. Developers, architects and advisors were discussing the real cases of ESG principles` implementation during a panel at the European ESG Property Forum conference in Warsaw, moderated by Oana Stamatin, ESG Chief Officer at Colliers.

There are strange dances around the reconstruction of the baroque Savarin Palace in the centre of Prague. The CZK 10 billion project has been approved by the city's conservationists and city councillors and the first phase of the project is already underway, according to the builders. However, the Ministry of Culture has now rejected the project, saying it would threaten the city's conservation area, the Czech News Agency (ČTK) reports. Therefore, Culture Minister Martin Baxa has a request on his desk from the construction company Crestyl to review the decision of his officials, as company spokesman Ondřej Micka confirmed to Property Forum today.

Vantage Data Centers, a global provider of hyperscale data centre campuses, announced that two greenfield campuses in Berlin and Warsaw are now operational. The opening of a Warsaw campus marks the company’s first facility in Poland, while the development in Berlin marks the company’s second campus in Germany. Among Vantage’s portfolio of nine campuses in EMEA, five of them are now operational (Berlin I, Warsaw, Frankfurt I, Zurich and Cardiff).

Invesco Real Estate has sold Panattoni Park Gdańsk Airport, a logistics park situated in the vicinity of the Gdańsk international airport, to EQT Exeter. The complex, part of which is still under construction, comprises five buildings and has a total leasable area of app. 110,000 sqm. The value of the transaction has not been disclosed. 

International company TKH Group N.V., represented by its newly established company EEP LCC, has purchased an investment site of approximately eight hectares in Sieraków in the Rawicz municipality. In the formal preparation for obtaining the land for sale, support during negotiations and in the process of purchasing the land was provided by specialists from JLL’s industrial department in cooperation with the Rawicz Office for Investor Assistance.

Property Forum is happy to announce the publication of the 2022 edition of its annual listing of the 50 most influential people on the Romanian market. To download the publication, simply fill out the pop-up window you'll see on this page or any other Property Forum news page and we'll e-mail it to you.

As of 1 June 1 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).

Less than a year before completion, developer J&T Real Estate CZ is selling its Red Court office centre in Prague's Karlín district. BlackBird Real Estate will become the new owner immediately after approval, the online daily Seznamzpravy.cz reported about the transaction.

According to Walter Herz, the beginning of the year brought a revival in demand for offices. Katowice now has a larger offer than Poznań and rental rates for the best space in Warsaw have increased.