REICO has launched a new real estate fund. REICO ČS Long Lease is a special mutual fund focused mainly on retail clients. Its main investment criterion is buildings with leases secured for at least 10 years, in the logistics, manufacturing, retail and office sectors. The fund is intended as a complement to the investment portfolio mainly to conservative to medium-risk clients who want to increase the return of their real estate component.

A new shopping centre, part of the multifunctional Bořislavka Centrum complex developed by KKCG Group, is set to open in Prague on June 4. Located next to the Bořislavka metro station, the centre will feature approximately 9,000 sqm of retail space.

Warehouse owner and developer P3 Logistic Parks says it leased over 35,800 sqm of logistics and office space in Romania in Q1 2021. The company renewed contracts for more than 22,500 sqm of spaces, while the rest was represented by new leases.  

The senior living aspect of the European healthcare market continues to attract new capital according to the “European Healthcare - A Growth Market” just released by Colliers. Strong demographic demand and a limited supply of customer options are the drivers of the capital to this sector.

Panattoni is opening the doors for a global provider of the technologically advanced orthodontic devices and dental prosthetics to the market of the EMEA region. The developer is now building the company’s first European production centre. The project to be built in Wrocław comprises an area of around 40,000 sqm and is scheduled to open in January 2022. As a result, up to 2,500 people will find employment. The factory is to be built following the principles of sustainable development and is to be certified under LEED for a rating of 'Gold'.

Radosław T. Krochta, CEO & President of the Management Board of Polish industrial/logistics developer MLP Group S.A., is answering questions about the group’s expansion on the German market, changing requirements of warehouse space tenants and the long-term impact of the pandemic on the sector.

A total of 14,193 residential properties were sold in Hungary in May, real estate group Duna House said in its monthly Transaction Estimate. This marks the strongest May in the market for the past couple of years as the figure was 5% higher than in May 2019.

An investment company controlled by UiPath founder Daniel Dines has acquired 5% of the shares of One United Properties, a Romanian real estate development company founded by Victor Căpitanu and Andrei Diaconescu.

Globe Trade Center has presented its first-ever ESG report, summarizing the group’s achievements during 25 years across its six markets. The 2020 report presents data on GTC’s engagement in sustainable development, responsible construction and asset management, collaboration with local communities and responding to stakeholders’ expectations. GTC is the first among commercial developers to present an ESG report on the CEE market.

Murapol has restructured its existing debt and obtained a new loan from mBank and Bank Pekao in the amount of PLN 350 million. The developer is implementing a plan to rationalize the financing structure and to support the sustainable development of nationwide operations.