CTP has announced the acquisition of an industrial park in Žilina, consisting of existing buildings and land for further development in a strategic location near Žilina airport. The new park will provide a leasable space of 145,000 sqm after completion. CTP plans to invest €200 million over the next two years to more than double its current Slovak portfolio of 460,000 sqm in 12 locations to 1 million sqm of lettable space.

In Romania, CTP aims to complete the construction of its new buildings with a total area of 300,000 sqm by the end of 2021 and the investments dedicated to these projects will reach €200 million.

The workplace of the future needs to prioritize health, says Darren Allen, Development Manager at Romanian office developer Genesis Property. He talked to Property Forum about the IMMUNE Building Standard, a global certification standard to certify the built environment’s level of immunity to withstand present and future health challenges.

Savills has been instructed as sole letting agent for office and retail space in the Wratislavia Center in Wrocław, managed by the Austrian investor FLE GmbH.

MAN Truck & Bus Center, located in Małopole near Warsaw, has been sold by 7R to Interpierre Europe Centrale fund, managed by PAREF Gestion, part of PAREF Group, a global investment and asset management company. The seller was represented by Avison Young's investment team throughout the transaction.

Czech development group Horizon has announced the successful completion of the acquisition of 240,000 square metres of land from the Manghi Group in the village of Statenice in the district of Prague-West. The Aura - Bydlení Statenice residential project will be built on the newly-acquired plot, eventually offering over 500 units in the form of family houses and flats, while helping to strengthen local civic amenities. The start of development, as well as the sale of semi-detached houses and villas from the first phase of the project, is planned for this autumn.

Take-up on Ljubljana’s office market reached only 46,000 sqm in 2020, one third less than the previous year. Despite strong demand from potential tenants, there is very limited supply available, according to the Ljubljana office market snapshot prepared by S-Invest.

This year, P3 will focus on offering clients facilities constructed on a built-to-suit basis. On a site adjacent to highway D6 near Prague, the industrial developer is ready to start building 17,000 sqm of warehouse space immediately. Additional thousands of square metres are on offer midway between Prague and Dresden at P3 Lovosice, and the first columns will soon be erected in P3's new parks in Ostrava and in Myslinka near Pilsen. All of P3's new buildings will carry a BREEAM Very Good or higher certificate.

Czech billionaire and businessman Petr Kellner died on Saturday in a helicopter accident in the Alaskan mountains, the New York Times reports. Petr Kellner, whose net worth has been estimated at $17.5 billion by Forbes, was aboard the Airbus AS350 B3 helicopter when it went down near Knik Glacier, Alaska. It is assumed that the group wanted to do heli-skiing in the mountains.

The Kellogg Company, a producer of ready-to-eat cereals and snacks, has renegotiated its existing lease agreement and expanded its warehouse footprint in Kutno to 28,000 sqm. The tenant was represented by Cresa. The developer of the facility is Panattoni, which specializes in BTS projects.