BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

Lease transactions in Q2 2021 on Bratislava’s office market reached 37,000 sqm, representing a 19% increase year-on-year. Bratislava Research Forum announced the office market figures for Q2 2021.

Colliers sold a 30,000 sqm industrial complex as part of a 9 ha site in Nemesvámos, near Veszprém, to the Austrian automation company Knapp. The seller MTD Hungary, a lawnmower producer, closed the factory in 2020 as they decided to centralise the production somewhere else and asked Colliers to put the property on the market for sale.

Romanian developer One United Properties has secured €78 million in fresh funding from a group of banks for the office component of One Cotroceni Park in Bucharest. 

Gross take-up on the Prague office market in Q2 2021 amounted to 89,300 sqm, representing a 5% decrease on the previous quarter but a 10% increase in a year-on-year comparison. The Prague Research Forum has published the office market figures for the past quarter.

The lowest amount of office space under construction in Warsaw since 2010 may point to a supply gap in 2023, according to JLL’s market summary for H1 2021.

Cushman & Wakefield summed up the first half of 2021 on the commercial real estate market in the CEE region. The investment volume at the end of the first half of the year amounts to €3.7 billion and is nearly 25% lower than in the same period in 2020.

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

Hungary-based Alfa Group’s first Green Bond receives strong anticipation from investors with proceeds from the approx. HUF 10 billion issue planned to be invested in green buildings.

Bogdan Doicescu, Director Of Development at Bog’Art spoke with Property Forum about the current state of the construction market and shared the company’s plans for the upcoming years. Consistent with the company's strategy to diversify its portfolio, Bog’Art has recently targeted public works with greater interest, both civil works as well as infrastructure.