Arvato Supply Chain Solutions in Poland is set to open another order fulfilment centre at Prologis Park Poznań III. The new BTS, totaling more than 48,000 square meters at Prologis Park Poznań III, will join the company’s other Prologis facilities with a total combined area of over 77,000 square meters at Prologis Park Błonie and Prologis Park Stryków II.

Real estate developer Geometrik Build will invest €20 million in its first large-scale residential project located in southern Constanța. 

One of Slovakia’s and the region’s largest developers continues to focus on mixed-use projects across its markets. Pavel Pelikán, Executive Director at JTRE talked to Property Forum about the company’s recent transactions, ongoing projects and the UK business.

Property Forum reported less than a month ago that the BC 140 office building in Budapest's Váci út was being sold. At that time, the new owner apparently would have been Chinese-owned Resolution Property but the latest developments indicate that the company that actually acquired the building in Portugal's Fidelidade. Although the two companies are rather far from each other at first glance, they are actually part of the same Chinese holding.

By purchasing a 50% stake in a business partner, Fidurock has become the 100% owner of Retail Park Choceň on June 8, 2021. With this step, the company completed the acquisition, which began in 2018 with the purchase of 50% of building land. The construction itself began in April 2020 with the opening to the public taking place in December of the same year. 

German DIY retailer Hornbach will open its second store in Cluj-Napoca this summer, according to a statement of Optim Project Management, which manages the development process. 

JLL has been appointed the exclusive agent responsible for the lease of the Lakeside office building. The investment project is owned by the Belgian real estate development company Atenor.

Cushman & Wakefield has been appointed as letting agent on Atrium 2 in Warsaw. The office building is in the asset portfolio of German investment fund HANSAINVEST Hanseatische Investment-GmbH, which is represented by its asset manager for Poland, MFC Real Estate.

According to JLL experts. the uncertainty caused by the pandemic has directed investors' attention to strategies based on nearshoring. The beneficiary of this trend, just as a decade ago, may be Poland.

Property Forum’s next free-to-attend virtual event will focus on sustainability in real estate. Environmental, social and governance factors, alongside financial factors, are playing an increasingly important role in the investment decision-making process for many companies. Leading international experts will come together at our European ESG Forum to discuss sustainable real estate strategies for the future and to provide a deeper insight by going beyond the buzzwords.