The flagship adidas store in CEE will be located on several floors of the Sawa building in Warsaw, in the very centre of the capital. This store will be the brand’s largest and newest concept in CEE.

Colliers published a survey of the Czech commercial real estate investment market for Q4 2021. It shows that the volume of investments fell for the second year in a row in 2021, although sales were 8 percent higher year-on-year in the last quarter. The largest investment in Q4 was the sale of the Generali headquarters in Prague with an area of 36,000 sqm.

Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest. 

A fund managed by the Real Estate Group of Ares Management Corporation and local partner Portland Trust have sold the Coral Office Park in Prague to Mint Investments. Four independent office buildings totalling almost 35,300 sqm in Prague 5 were sold for an undisclosed price.

The warehouse will be built as a part of GLP Park Lędziny in Silesia and used as a regular distribution depot for Maspex Group’s beverage division. Omega Pilzno will handle warehouse logistics and transport as part of the tender. AXI IMMO brokered the transaction.

Experts from the consulting company BNP Paribas Real Estate Poland summed up the final quarter of 2021, regarding office space in Warsaw. The market closed the year with 325,000 sqm of new modern space, but vacancy rate are increasing, and an escalation in contract renewals is agitating the situation within the demand structure. Therefore "flexibility" has turned out to be the most important word for all market players. The authors underline that the situation in 2022 will be comparable.

The Lakeside office building in Warsaw's Mokotów district has been granted a building permit. Construction is already underway.

A joint venture between Partners Group, a leading global private markets firm and investment manager Peakside Capital Advisors AG with a group of additional third-party co-investors has acquired a portfolio of warehouse properties in capital of Poland. The purchase price is not being disclosed.

Fortim, a member of the BNP Paribas Real Estate Alliance, has expanded its property management portfolio with the office project Maestro Center in Cluj-Napoca and Tureni Industrial Park in Cluj County. 

CPI Property Group has published unaudited profit and credit estimates for the financial year ended 31 December 2021. While publication of the audited annual financial report is scheduled for 31 March 2022, the company is proceeding with this unaudited disclosure so that investors and stakeholders are updated about the Group’s performance.