Property Forum’s upcoming free-to-attend virtual event will aim to provide a property investment outlook for 2021. In the form of a keynote speech and two panel discussions, influential investors, developers and advisors will share their expectations and investment strategies for the second pandemic year.

Hungarian lender OTP Bank is providing the largest project financing loan to date for the development of the Duna Terasz Grande apartment complex in Budapest. According to the financing agreement signed recently, OTP provides a HUF 23 billion (appr. €62.8 million) loan for developer D&B Ingatlanfejlesztő-Group. The 790-apartment project is the largest waterfront residential development in the 13th district. It will be handed over in 2023.

COVID-19 has slowed the activity of office developers, but intensified competition in the residential land market. Warehouses are now so popular among investors that one can speak of a shrinking supply of land for more of these projects. JLL analyses trends in the investment land market for office, residential, retail, logistics/industrial and hotel projects in Poland.

Linklaters has advised the Czech investor Investika realitní fond, OPF on the acquisition of the Szyperska Office Center office building in Poznań from Wechta Nieruchomości sp. z o.o., which is a company from the group of one of the largest developers in Greater Poland.

European warehouse property developer MLP Group is set to build a BTS facility for a European logistics operator. The tenant was assisted by a team of specialists from JLL during the transaction.

“Sheds, Beds, Meds” and other alternative market sectors will dominate the EMEA investment agenda this year, as investors remain risk-averse, focusing on core markets with better long-term growth prospects until the economic impact of COVID-19 abates. These findings form part of ‘The Signal Report: Investor’s Quarterly Guide to 2021’, the latest global investment insights from Cushman & Wakefield.

Owner CPI Hungary will complete the second stage of a reconstruction project in its Arena Corner office building, updating it to reflect the latest office trends and changing tenant requirements.

Consistent implementation of planned investments now requires companies to search for alternative ways of raising capital.

The valuation department of the real estate consulting company Cushman & Wakefield Echinox evaluated in 2020 over 350 properties with a total value of €4.2 billion, while the research department provided consultancy to developers for the start of new projects with a market value of over €250 million.

Sale and leaseback transactions (S&LB) in Europe reached a total of €8.4 billion in 2020, 8.5% higher than the five year average, with the trend set to continue into 2021, according to Savills. Also in Poland, Savills sees an increasing number of companies willing to take the sale and lease back route mainly in industrial and retail sectors.