The Polish warehouse market is experiencing an unprecedented boom. In the first half of 2021, the take-up of logistics space in Poland exceeded 3 million square meters for the first time in history and was higher than in the United Kingdom, France or Spain.

Croatia’s remarkable recovery from the brutal impact that the COVID-19 epidemic had on the country in 2020 is, like its construction boom, both real and smoke and mirrors, both temporary and long-term, according to Michael Glazer (SEE Regional Advisors) and Tatjana Halapija (Nada Projekt), the Eastern European Construction Forecasting Association’s members in Croatia.

The Romanian industrial and logistics market recorded a total demand of 562,000 sqm in the first three quarters of 2021, down only 3% compared to the same period of last year. The sector was mainly driven by new demand, which reached 86% of the total transacted volume, according to real estate consultancy Cushman & Wakefield Echinox. 

French property group Catinvest has opened a second mixed-use building within its Electroputere Parc project based in Craiova. 

Revetas announced the successful disposal of the remaining assets of its Revetas Capital Fund II’s Project Papa office portfolio in Prague, bringing the total transaction value to over €100 million. One of the four assets initially comprised in the portfolio, BBC Vila, has previously been sold to Passerinvest Group. The three remaining buildings with a total GLA of c. 33,000 sqm are located in close proximity of each other in the Karlin neighbourhood of Prague’s 8th district and were acquired by local real estate group Českomoravská Nemovitostní (ČMN). The terms of the transaction were not disclosed.

A consortium of Penta Real Estate, Kaprain Group and Sekyra Group has acquired a land plot of 20,122 sqm from the University of Chemistry and Technology (VŠCHT) in the western part of Vítězné náměstí in Prague 6 for over €39 million (CZK 1 billion), Penta announced in a press release.

The Romania property sector could use more institutional investors, suggested speakers during the international investors’ panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.

Masaryčka and Nová Waltrovka, two office buildings that are currently being developed in Prague by Penta Real Estate, will offer the technology solutions of local proptech Sharry.

Property developer Novum Business Invest has purchased a new land plot of 15,100 near Carol Park in Bucharest for a new residential project with over 500 units. 

The Lakeside Park 02 office building, developed in Bratislava's Nové Mesto area by Immocap and WOOD & Company, has reached its full height of 13 floors.