Dom Development has entered into an agreement with Reno for the purchase of 77% of the shares in Krakow developer Sento for PLN 35.38 million.

Colliers has issued a new report "European Residential: On the Rise", examining the drivers behind mounting investor interest in residential properties in Europe’s major cities. The report ranks major destinations in terms of their allure to investors and highlights the opportunities and risks emerging around an increasingly prominent asset class.

In 2020, €370 million was transacted in the CEE-6 (Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia) region. This figure was far below initial expectations for the year (€1.8 billion), as many deals were put on hold or withdrawn, and transaction activity initially brought to a near halt as a result of the pandemic. Most of the volume transacted in the last year (87.6%) comprised deals that had already been committed to before the outbreak of the pandemic.

Reduced market entry thresholds, a simplified qualitative assessment of investment projects, and a higher level of support in selected locations are the major changes in the government's grant programme that could attract more business services investors to Poland.

Romanian developer One United Properties has acquired a new land of 23,350 sqm in the second district of Bucharest, one week after closing a separate land deal in the city. 

International logistics forwarder DSV Prime Cargo has just extended its lease in Panattoni Park Goleniów, while at the same time doubling the space it occupies to almost 10,000 sqm. 

CBRE has been appointed the exclusive leasing agent of the Gdański Business Center in Warsaw, which is part of the Savills Investment Management portfolio.

Colliers today announced that Monika Rajska-Wolińska has been promoted to Chief Executive Officer (CEO) of Colliers in Central and Eastern Europe (CEE), now including Bulgaria, Czech Republic, Hungary, Poland, Romania, and Slovakia, effective from 01 August 2021.

Domestic investors own some of the largest office projects that are under development in Romania, although international players have the biggest portfolios in the market. 

The Supervisory Board of CA Immo decided on the upcoming succession of the current CEO Andreas Quint, who will retire when his Management Board mandate expires on 31 December 2021. Silvia Schmitten-Walgenbach is appointed as the new CEO with effect from the beginning of 2022 for a period of three years until December 31, 2024.