The third quarter of 2021 and the beginning of the next quarter is a period of historic changes in the Polish real estate market, which will not be without impact on consumers' housing plans, says Resi4Rent.

The results after the first three quarters of 2021 are showing an upward trend with all the main parameters above the comparable for 2020. GTC published its Q1-Q3 2021 results.

Phase 2 of Bucharest-based multi-family project Atria Urban Resort is already 75% pre-sold with completion of the project scheduled for 2024. Liria Themo, Marketing Manager at Atria Urban Resort talked to Property Forum about the importance of sustainability and flexibility in residential development and also shared the company’s future plans and her market expectations.

The rising prices of construction materials and energy, the increasing cost of land for new construction, a lack of crucial components to ensure continuous production and workforce shortages are all afflicting the industrial sector in the Czech Republic. One solution in regard to the availability of industrial real estate would seem to be the optimising of operations and more frequent investment by many companies into the automation of routine activities.

Wing has sold buildings B, C and I in the Infopark office park in Budapest. The properties were sold through the Gladiator V Real Estate Investment Fund, the buyer being SkyGreen Buildings Ltd. Wing intends to use the proceeds from the sale for the purposes set out in its business plan, namely to strengthen its position in the region.

M7 Real Estate has completed the final sale on behalf of the M7 Central European Real Estate Fund I (M7 CEREF), with the disposal of the Mani Business Centre in Zagreb to Raiffeisen Pension Insurance Company. M7 will continue to asset manage the property on behalf of the new owner.

Real estate advisory firm Savills has been appointed as the leasing agent for office space in Karolkowa Business Park, located in Warsaw’s Wola district.

Property company Point Development says it will deliver 107 apartments in its resi scheme City Point in the first half of 2022.  

Romanian property company Metav says that it will kick off the development of a new mixed-use scheme in Bucharest in the second half of 2022. 

European Logistics Investment (ELI) has commenced constructing a logistics centre in Błonie near Warsaw. The Park Warsaw West X project by ELI and its partner Panattoni is planned as a multi-let facility offering nearly 49,000 sqm of modern warehouse space. The investment is planned to be delivered in Q2 2022.