In its first financial results announcement since the IPO in March 2021, CTP recorded a 16.9% growth of net rental income in Q1 2021 vs Q1 2020, increasing its market share in its core CEE markets to 24% by the end of Q1 2021 and more than doubling leasing activity to 397,000 sqm GLA (compared to 184,000 sqm in Q1 2020).

Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes. 

Polish Logistics LLP, a new investment vehicle established by IO Asset Management, the specialist manager of industrial real estate, and REINO Capital, a real estate holding company listed on the Warsaw Stock Exchange, with the backing of Grosvenor Group, one of the largest privately-owned international property companies, has completed its first investment – the Logistic City prime logistics park in Piotrków Trybunalski. 

In the first quarter of this year €1.25 billion was spent on commercial real estate in Poland. This reflects a decrease of only 1.5% compared to the five-year average for the first quarters of 2017-2021. Offices have the largest share in the investment market, but the industrial and logistics segment is also continuing its streak. Capital investment came to Poland mainly from Europe, according to the latest CBRE report. The company's experts indicate that there is moderate optimism on the investment market, which is reflected in the safe choices of investors.

Aggregate revenue reported by nearly 20 construction groups whose stock is listed on the Warsaw Stock Exchange grew by a nominal 4.3% in 2020, which is a scant rise in real terms, given continued increases in the prices of building materials and labour costs. However, the aggregate net profit posted by these companies improved clearly as it grew by almost PLN 0.5bn over the year. Notwithstanding that, net financial performance of the listed construction companies and profit margin figures they report still pale in comparison to results delivered by property developers and suppliers of building materials and construction equipment.

The volume of investments in Romania’s property sector exceeded €140 million in the first four months of 2021 due to a positive market sentiment, according to a report by real estate consultancy Crosspoint Real Estate. 

Globalworth has announced the acquisition of two industrial projects in western Romania for almost €18 million. The company took over Industrial Park West Arad and Industrial Park West Oradea, with a total area of 27,000 sqm that is fully leased. 

Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.

Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.  

The 7R City Park Poznań complex will house the first European plant of the Ningbo Tuopu Group, a Chinese automotive company. Tuopu cooperates with global brands from the automotive sector, such as BMW, Mercedes-Benz, Audi, Porsche, Volkswagen, Chrysler, Ford, Geely and General Motors. The Poznań factory, with an area of over 30 000 sqm, will produce components for electric cars. It will employ 450 people.