WOOD & Company has announced the completion of the acquisition process of the Aupark Bratislava shopping centre. At the same time, it has invested in its expansion with the public opening last week.

Mortgage loans worth €5.5 billion were granted in total at a national level in the first eight months of 2024, up 49% compared with the same period of last year, according to data from the National Bank of Romania (NBR). 

Investors are still on hold today. As Property Forum’s recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see’ stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.

Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.

Industrial developer Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, located near Bucharest. 

Cushman & Wakefield has summarised the situation on the Warsaw office market for the third quarter of 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates – particularly in central locations – and shrinking land availability are likely to encourage investors to launch redevelopment projects.

GARBE Industrial Real Estate CEE has received a building permit for two industrial premises in Pohořelice, 30 km south of Brno. The construction of the two halls is starting almost immediately and to be available for the tenants within eight months.

CEE economies would suffer under a potential Trump presidency, primarily due to anticipated new trade tariffs, according to new research by Erste Group. The trade conflicts would impact the region indirectly through its economic reliance on Germany, says the bank’s CEE research team.

Croatia’s revenue in the tourism sector rose by 8% year-on-year to August 2024, which might have an impact on the hotel construction activity. 

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development in Lower Silesia is to be Toyota Boshoku Poland.