Private campuses are becoming an increasingly popular option for students across Romania, and they are looking for accommodation facilities that protect their health, according to representatives of Genesis Property, the owner of West Gate Studios campus and the 4-star Studio One Accommodation Suites. 

Etele Plaza is going to open its doors to the public at 10 AM on September 17, 2021. Budapest’s latest shopping and entertainment centre located in the immediate vicinity of Etele square, Kelenföld will offer a range of stores and services. Futureal’s €300 million development is also the first smart shopping centre in Hungary.

Panattoni will construct a robotic fulfilment centre for Amazon on a brownfield site, formerly used for a sugar factory settling tanks, near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic. The zone was developed by the Accolade Group, which is also the investor and owner of the industrial park.

Hagag Development Europe says it has received the completion certificate for its residential project H Victoriei 139 in central Bucharest. 

Property developer Zacaria says it will start residential investments in three Romanian cities after it partially sold its local industrial portfolio to CTP.

Czech investment group RSBC is acquiring an office building in Prague's Michle district from CPI Property Group. The building, located next to the BB Centrum complex, houses the headquarters of energy company ČEZ, business daily Hospodářské noviny reports.

Residential developer Apx Immo has taken over a land plot of 830 sqm in Cotroceni area from ICD Real Estate for €1.3 million. 

EPP delivered a solid performance for the first six months of 2021 in line with expectations. Both EPP’s distributable earnings increased by 54% to €33.2 million, compared to H1 2020. EPP’s net asset value per share increased by 3% to €1.12. A swift operational recovery following lockdowns and the progress made in Poland’s COVID-19 vaccination programme, low infection rates, a resilient economy, and high employment levels all support EPP’s robust performance and bode well for the future.

The BSS sector is driving growth in Polish cities and dominates the regional office landscape. Companies from this sector account for more than half of leased space outside of Warsaw. The first half of 2021 saw companies from the modern business services sector (BSS) lease nearly 210,000 sqm of office space in Poland. This is more than 40% of the total demand registered in the country’s major markets. Excluding Warsaw, BSS companies accounted for as much as 60% of office demand

Katarzyna Tencza, Associate Director Investment & Hospitality at Walter Herz comments on the current situation on the COVID-battered Polish hotel market.