The European logistics markets are currently unstoppable and are reaching record levels. Supported by the flourishing online trade and a surge in demand due to last-mile requirements, the growth prospects continue to be very positive, both from an investment and user perspective, according to Catella’s Logistics Market Map Europe 2021.

Nivy mall in Bratislava, a new shopping centre developed by HB Reavis that also includes the city’s new international bus terminal, has welcomed almost 330,000 visitors in the first week following the centre’s opening on 30 September.

Retail parks and regional shopping centres are driving the sector’s growth, suggested speakers during the future of retail panel of CEE Property Forum 2021, Property Forum’s first real-life event back in Vienna since 2019 which was attended by over 400 people coming from countries all over the region and beyond.

The construction works on Panattoni Park Bolesławiec, which is the developer's 22nd park in Lower Silesia, are to start this month.

Rents and house prices in the EU have continued their steady increase in Q2 2021, going up by 1.3% and 7.3% respectively, compared to Q2 2020, according to Eurostat data. Looking at long-term trends, CEE countries are among those that have registered the highest house price growth since 2010.

Indotek Group has modernised three of its malls, Szeged Plaza, Kaposvár Plaza and Szolnok Plaza, for nearly HUF 2 billion. The property group began its shopping mall renovation programme with the aim of creating buildings even more in line with the needs of tenants and shoppers by modernising the external façades and interior spaces. The three updated malls now await visitors with a modern exterior, a new environment, and new stores and services.

The office building Moje Miejsce I, which is part of the multifunctional "destination” project in Warsaw's Dolny Mokotów district, will change its owner. Echo Investment sells it for €47.3 million to an institutional investor operating on the real estate market. The office building is almost fully leased to reputable tenants and has been awarded BREEAM environmental certificate with a Very Good rating.

Meta Estate Trust, the Romanian property investment holding, has appointed Raluca Drăgan as Chief Financial Officer (CFO). She has more than 17 years’ worth of experience in the financial sector, and she has previously held the CFO position at One United Properties. 

CEE focused real estate investment manager Adventum has appointed real estate advisory firm Savills as the property manager for its new acquisition Marynarska Point I.

Close to 75% of respondents are not interested in hiring meeting spaces from external providers, reveals a survey conducted among the tenants of office buildings under the management of Cushman & Wakefield.